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  • #1,421
  • Dec 8, 2011 10:33am Dec 8, 2011 10:33am
Quoting Phx62
Traded the pullback following news....just closed for 80 pips.
We happy and we pippin and we lovin


X-man the legendary conqueror of markets
  • #1,422
  • Dec 8, 2011 10:37am Dec 8, 2011 10:37am
Hey -man, ou beat me by 12 pips today, but there's always tomorrow!!!
Enter Signature
  • #1,423
  • Dec 8, 2011 10:45am Dec 8, 2011 10:45am
Quoting Badass_UA
I saw this trade too. It bounced off H4 channel. But this trade is against D1 channel. What do you think, guys? Would this be a good entry?
I would like to see an answer to this also. p.
  • #1,424
  • Dec 8, 2011 10:53am Dec 8, 2011 10:53am
Quoting Badass_UA
I saw this trade too. It bounced off H4 channel. But this trade is against D1 channel. What do you think, guys? Would this be a good entry?
Guys of course the daily and 4H trendline wont be the same.
Same way the 1H and the 4H wont be the same and same goes with the other TFs.
This is logical as the smaller TFs will set highs and lows quicker than the higher TFs.
this are the basics of forex.
Go to babypips to learn more about channels.
A channel will never hold for ever but when it does hold we can trade the bounces of the channel.
X-man the legendary conqueror of markets
  • #1,425
  • Dec 8, 2011 11:03am Dec 8, 2011 11:03am
Guys if you loving this thread and making pips you have to rate this thread 5 stars.
I think its the most simplest system ever.
You can trade this system no matter who you are.
You can trade this system with the least thinking, i dont even think when i execute my trades , I just do it and it makes me pips.
With this system you can reach a 250 pip target a week and 1000 pips per month with ease.
No stress at all.
I want this thread to be the most viewed thread on forex factory and i want that soon.
This thread helps people keep the pips they made, we dont just trade anything we want , we trade the market at the best times and we do not over trade .
the more you practice this system and the more you trade this system the better you going to get at it.

Many pips to all the S3 traders
X-man the legendary conqueror of markets
  • #1,426
  • Dec 8, 2011 11:08am Dec 8, 2011 11:08am
Ask and you shall receive. Five stars!
  • #1,427
  • Dec 8, 2011 11:33am Dec 8, 2011 11:33am
5 stars!

Thanks to X-Man! I'm still practicing with this method, but I have no doubt with practice this is a very profitable and doable method.

I think the main thing for the 1 hour is to be aware of the volatile hours, and ride the action for those pips.
  • #1,428
  • Dec 8, 2011 11:37am Dec 8, 2011 11:37am
Quoting mary4x
Ask and you shall receive. Five stars!
Quite rightly so. Have just voted five stars as well.
I have been following this thread and quietly studying and backtesting and things are coming together now, after many months of looking for a system that works for ME. Many Thanks X-Man for a fantastic way to trade.

Andrew.
  • #1,429
  • Dec 8, 2011 11:43am Dec 8, 2011 11:43am
Voted 5 stars as well. 4 trades with the H1 system and 1 trade with the H4 sytem. All 4 trades in the money, 1 trade BE and 0 trades lost. Made a shitload of pips (excuse my French).

Thanks X-man and BigE for this money machine.

Love from Holland!
  • #1,430
  • Dec 8, 2011 11:44am Dec 8, 2011 11:44am
no doubt this is a 5 star thread, thanks X-man
  • #1,431
  • Dec 8, 2011 12:15pm Dec 8, 2011 12:15pm
I've made 20 pips shorting AUDUSD just at big momentum candle close and after green went down crossing red on TDI
I've notice analyzing my trade that I could've made the double but due to my lack of confidence (i'm pretty new using X Man's system) I closed the trade on profit (There's nothing worse than watch your trade go against you)

Any recommendation for an accurate exit point?


Regards
let's skype: @elchinoazul
  • #1,432
  • Dec 8, 2011 12:21pm Dec 8, 2011 12:21pm
Quoting X-Man
[color=Blue][size=3]Hey guys
Today i took 3 trades 1 during the london session on E/U which was a pullback candle and then during the NY session i went short on the other pullback session which was on E/U and G/U

Total pips for today : (25 + 70 + 70) = 165 pips
I rode only 1 candle of G/U and closed it then i monitored E/U and closed it for 70 pips.
When i see huge pull back wicks i do not set TP as there will be alot of pips involved.
entered on the close of the pullback candles

So now puts your hands up in the air if you believe...
Hi X-man, congratulations! I'm also practicing and backtesting
do you have the pics of your today trades?
thanks!
  • #1,433
  • Dec 8, 2011 12:27pm Dec 8, 2011 12:27pm
Quoting Rodcisal
I've made 20 pips shorting AUDUSD just at big momentum candle close and after green went down crossing red on TDI
I've notice analyzing my trade that I could've made the double but due to my lack of confidence (i'm pretty new using X Man's system) I closed the trade on profit (There's nothing worse than watch your trade go against you)

Any recommendation for an accurate exit point?


Regards
I had the same thing with te eurusd short today. I could have made an extra 30 pips, but I got out early. My exit strategy is simple: I drop down to the M15 and once the TDI goes flat there, I exit.

I always leave pips on the table using this exit strategy, but I never give back any pips. Sometimes I'll close half my position when TDI on M15 goes flat and let the other half run.

So if anyone is using a more profitable exit strategy, please let me know
  • #1,434
  • Dec 8, 2011 12:42pm Dec 8, 2011 12:42pm
Quoting Danyjoe
Hi X-man, congratulations! I'm also practicing and backtesting
do you have the pics of your today trades?
thanks!
please look at post #1414
  • #1,435
  • Dec 8, 2011 12:58pm Dec 8, 2011 12:58pm
Quoting amiralifx
please look at post #1414
I saw.. but I dont see the exact entry point..
  • #1,436
  • Dec 8, 2011 1:08pm Dec 8, 2011 1:08pm
Quoting Danyjoe
I saw.. but I dont see the exact entry point..
My entry is on the open of the candle, exactly when the candle open after the pullback candle ill enter.
The reason why i cant show my trades in highlighted form like PHX62 does is because my broker dont have MT4 platform.

So the charts i look at are from the forex.com then when i see a set up i just execute it on my brokers platform
X-man the legendary conqueror of markets
  • #1,437
  • Edited 2:45pm Dec 8, 2011 1:17pm | Edited 2:45pm
Hi everybody,
Is this look like good setup for long ?
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  • #1,438
  • Dec 8, 2011 1:17pm Dec 8, 2011 1:17pm
Two trades today...first one didn't move much....closed on weak PA and a pullback. Second trade was taken on the pullback of the news candle and long wick of that candle. Entry was made after PA pulled past the close of the previous candle and exited with +80.....from the posts above, many of you took some pips on the same pullback move. Good job!
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  • #1,439
  • Dec 8, 2011 1:25pm Dec 8, 2011 1:25pm
Quoting X-Man
My entry is on the open of the candle, exactly when the candle open after the pullback candle ill enter.
The reason why i cant show my trades in highlighted form like PHX62 does is because my broker dont have MT4 platform.

So the charts i look at are from the forex.com then when i see a set up i just execute it on my brokers platform
ah ok thanks!
how do I understand that it's a pullback candle?
and price changes direction.. instead of going straight?
had you explain it in some post? i dont find it..
  • #1,440
  • Dec 8, 2011 2:28pm Dec 8, 2011 2:28pm
I went long on the cross on the 1 Hr. chart from the last candle. profit target just hit for +30 pips. Thanks X-Man great system
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