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  • #3,221
  • Jan 28, 2012 4:41pm Jan 28, 2012 4:41pm
Quoting hale-mary
Phx62, looking at your trades...still trying to figure out how you new to hold on some of those trades like 1/25 during the fomc and 1/23.

Also, looking at your charts and backtesting. I am trying to figure out how you know when to take a short when the trend is up and when to skip it. Vise versa for longs. Is there a clue in the TDI that will give you a hint?

For example, the long on 1/24. What let you know that price would follow through and not bounce back and continue down?

Also, 1/26...is there something in the TDI that indicates price stalling...
Very good questions. I am looking forward to the replies.
  • #3,222
  • Edited 9:04pm Jan 28, 2012 6:31pm | Edited 9:04pm
just a heads up, the questions i ask are to better myself (and help others as well), not look for the holy grail.
  • #3,223
  • Jan 28, 2012 8:51pm Jan 28, 2012 8:51pm
Quoting Phx62
Below is a chart of trades taken for the week. I have highlighted all the TDI crosses that took place during the London session. For the week on the EU H1 chart, there were 9 TDI crosses that could have netted over 700 pips for the week and 3 crosses where no trade should have been made. You can make lots of money on 50 to 100 consistant pips per day.
In my experience, profitable trading begins with learning PA movement, trading with good volume, reading price action, being aware of trend direction and areas of support & resistance, common...
This has to be one of the all time great posts EVER made about trading with TDI; some forums have a star that can be clicked so excellent posts can be found quickly, sure wish that feature was here because this would be an instant 5 Star rating.

Just trying to duplicate Phx62 screen and see this divergence, something to watch as the week develops, good trading to all.

Attached Image (click to enlarge)
Click to Enlarge Name: diverge.png Size: 49 KB
It takes a lot for me to IGNORE you, but you can try.
  • #3,224
  • Jan 29, 2012 2:13am Jan 29, 2012 2:13am
Quoting AmaNZ
Hye X-Man....

 [size=2][color=Red]Is this system any changes beyond the first page? I mean. any additions or changes in indicators or template? I was very impressed with the template's Phx62, hope he willing to share with us... I once made ​​the mistake of ignoring this system in two weeks late and severe impact damage, which I was quite big compared to me using this system, I can discipline profit of at least 100 USD per week and least been 30usd... That is why I hope the X-Man and the users of this...
No the system hasnt changed. The pfd on the first post contains the rules of the system.
Read that then practice and back test thats all.
X-man the legendary conqueror of markets
  • #3,225
  • Jan 29, 2012 2:47am Jan 29, 2012 2:47am
Guys i got some new indis that you guys will be interested in.
This is thanks to LazyLobster.

1. Here theres an indi called i sessions to show us when a session is starting.
2. Theres a S&R indi. we can add that if we having trouble determining recent S&R areas which is an important factor in making a trade.
3. Theres a TDI watchdog that refreshes the TDI after every tick. I stil prefer the TDI i loaded on post 1 but some traders may prefer the watchdog.
4. Theres a bar alarm close this will trigger an alarm when the current candle is closing , you may need it if you fast asleep and want to wake up every hour to look for a trade.
5. I added a bar countdown to see how many minutes left for the next bar.

Lastly is the template with the i-session. remember that you have to load all the indis first for the template to work.
If you dont like certain indis on the template you can easily remove them and then the indis you comfy with.

I will be adding this post number on the first post o traders can find this post easily.

A chart below demonstrates how your chart should more or less look like.
Attached Image (click to enlarge)
Click to Enlarge Name: look.jpg Size: 105 KB
Attached File(s)
File Type: mq4 i-Sessions.mq4   6 KB | 2,946 downloads
File Type: mq4 Support and Resistance (Barry).mq4   2 KB | 3,417 downloads
File Type: ex4 @TMSTDI_WatchDog.ex4   25 KB | 3,164 downloads
File Type: mq4 bar_close_alarm_V1.mq4   2 KB | 2,960 downloads
File Type: tpl s3 with i-sessions.tpl   67 KB | 3,043 downloads
File Type: ex4 ##BarCountDown.ex4   4 KB | 4,718 downloads
X-man the legendary conqueror of markets
  • #3,226
  • Jan 29, 2012 3:17am Jan 29, 2012 3:17am
Quoting X-Man
[color=Blue][size=3]Guys i got some new indis that you guys will be interested in.
This is thanks to LazyLobster.

1. Here theres an indi called i sessions to show us when a session is starting.
2. Theres a S&R indi. we can add that if we having trouble determining recent S&R areas which is an important factor in making a trade.
3. Theres a TDI watchdog that refreshes the TDI after every tick. I stil prefer the TDI i loaded on post 1 but some traders may prefer the watchdog.
4. Theres a bar alarm close this will trigger an alarm when the current...

I've put this new template and found, the indicator I-Sessions that do not match and expert showed a red mark... He need indicators the first of Synergy_APB and Session ... And I was looking near FF ni these indicators are then put into the system...
Simply teamed up what I see and make for the good of us all...
  • #3,227
  • Edited 3:58am Jan 29, 2012 3:33am | Edited 3:58am
Warning: only apply the bar alarm on one chart (assumebly the one with the timeframe that you are most interested in) if you apply bar alarm to say six different charts, you will hear 6 alarms. Very annoying.

Also, the session indicator assumes GMT time from your broker. If you don't have GMT time from your broker you will have to tell the indicator what time (broker time) you want your sessions to occcur. This is easily done in the indicator. You'll have to mess with the colors to get to the ones you like if you apply just the regular indicator and not the template. This indicator should help you not only with sessions, but session and previous session breakouts as the indicator builds on the session candles. Watch at beginning of any session and you'll see what I mean

The barry's support and resistance indicator is the same thing as a fractal indicator except that instead of one simple triangle, it is a line of diamonds indicating Support and Resistance. This is especially a good sign if candle closes on other side of line to indicate trend. This is confirmation however. Thanks PHx for confirming my suspicions on that as well as everything else you've done... If there are any quesitons on the indicators, feel free to PM me. Please don't pollute the thread with questions on indicators. There are many others that are great (and often better I might add) with indicators as well, but I'll let them come forward if they are willing to help with problems or questions.

One advantage of the watchdog is that it gives you some extra info from the TDI. Specifically the angles of the current and previous bar. These are based on close so the current one will change with PA. It will also tell you if TDI is crossing on current candle or previous candle. It also has alarms for TDI crosses and bounces. If you like them: enable them, if not: disable them all in the inputs. Thank-you everybody for contributing to the success of S3 and the thread.

LL
"IN CASH WE TRUST"
  • #3,228
  • Jan 29, 2012 4:05am Jan 29, 2012 4:05am
Thanks Lazylobster you the best.

I have also updated the 1H method PDF.
It includes specifics and some TMS rules.
No major changes

The method is the same the only difference is that i give a more detailed explanation as i noticed the previous PDF had some vague rules that traders didnt understand properly.

Could i get someone to convert this to PDF.
Thanks.
Attached File(s)
File Type: doc S3 E-U method.doc   171 KB | 1,382 downloads
X-man the legendary conqueror of markets
  • #3,229
  • Jan 29, 2012 4:24am Jan 29, 2012 4:24am
Hi, find attached the pdf

Thanks for this great system Xman!!
Attached File(s)
File Type: pdf S3 E-U method.pdf   538 KB | 1,361 downloads
  • #3,230
  • Jan 29, 2012 4:41am Jan 29, 2012 4:41am
Quoting torbarxa
Hi, find attached the pdf

Thanks for this great system Xman!!
No problem buddy.
My success is through Big E. If he didnt show me the way i wouldve been blowing my accounts and wouldve been in a 9 to 5 job which would have a Boss that wouldve been all over my case everyday.
He made trading so so simple. He gave us his system on a silver platter all for free and i tweaked it to my trading style.

I will carry on sharing everything i know as Big E did.

Thanks for the PDF. will post in on post #1
X-man the legendary conqueror of markets
  • #3,231
  • Jan 29, 2012 4:43am Jan 29, 2012 4:43am
Here's an indy I use. Its similar to the one presented by x-man but it shows also the pips for every session.
Attached Image (click to enlarge)
Click to Enlarge Name: 29.1.jpg Size: 165 KB
Attached File(s)
File Type: ex4 Auto_Sessions_v_1.5.ex4   10 KB | 783 downloads
Thoughts are things
  • #3,232
  • Jan 29, 2012 5:00am Jan 29, 2012 5:00am
Quoting torbarxa
Hi, find attached the pdf

Thanks for this great system Xman!!
Hi X man,

I'd like to add my thanks for all of the hard work you put in to sharing this system with others. It really is appreciated.

Thanks also to the other posters who kindly share their expertise with Newbies like me.
  • #3,233
  • Edited 6:04am Jan 29, 2012 5:25am | Edited 6:04am
[quote=X-Man;5327740]Hey there lazy lobster.
Yeah you could email me the new template with i-sessions.
You can also post the i-sessions indi on this thread.

[/quote
Try this also, the inclusion of the Asian box is as a result of adding trading of the Asian trading range to the S3 method, you may change the color settings to suit your preferences.
Attached Image (click to enlarge)
Click to Enlarge Name: I_SESSIONS__TEMPLATE.png Size: 110 KB
Attached File(s)
File Type: tpl i sessions.tpl   82 KB | 577 downloads
File Type: ex4 ant-GUBreakout_V.0.4.1.ex4   13 KB | 647 downloads
File Type: mq4 i-Sessions.mq4   6 KB | 633 downloads
Let it turn and find your entry.
  • #3,234
  • Jan 29, 2012 6:01am Jan 29, 2012 6:01am
For S&R try out any of these two the first one gives you the fib extensions so you could remain longer on a trade and the other plots the S&R levels of the last 4 hours.
My watchword in trading is BUY INTO SUPPORT (BIS) & SELL INTO RESISTANCE (SIR)
Try out and choose which suits you.
Attached File(s)
File Type: mq4 Support and Resistance.mq4   5 KB | 845 downloads
File Type: ex4 support-resistance-4-hour.ex4   19 KB | 790 downloads
Let it turn and find your entry.
  • #3,235
  • Edited 12:06pm Jan 29, 2012 11:10am | Edited 12:06pm
my first post in a while. i am 76 yr old been trading for about 10 yr made Some money and lost some. i want to thank x man fore this info. several posts by xman says you dont need a lot of inducator on your charts. for the last few weeks i have been trading with the shi channel posted on page 7 pot 93 . i trade the 4hr chart only ...thi ind adapt to any chart time frame great ind color even tell u the direction to trade. i also have 4 ema on my chart along with the s/r posted on page 216 post 3234........ i use partial close ea from ibfx my broker which allow me to close a % of my trade when it reaches my profit target and let the trade continue to the next profit target. real great tool.... when i want to gamble i will trade a touch againt the trend and with my ea I use a smaller tp target. also use a small stop loss which i hate but i sleep better.
my thoughts are if you caint make money with x mans system you might need to find another job.......PLEASE NO ONE TAKE OFFENCE.....JUST ONE OLD MANS THOUGHT..........lotapip
  • #3,236
  • Edited 12:58pm Jan 29, 2012 11:44am | Edited 12:58pm
Quoting X-Man
Phx62 buddy

I would like to know that when you trade the break in the candles previous high/low do you enter the trade at the exact high/low of the candle or do you do you enter 5 to 10 pips above the previous high/low of a candle?

This will help me add a useful technique to my trading toolbox.

Regards
X-Man
I normally enter as soon as the break occurs because in most cases, the candle has already moves several pips in the same direction. When entering on a break of the Asian session, I only do that when the Asian has a small range....the smaller the range, the bigger the move after breaking out....usually no more than a 40 pip range. Thanks for all you do to help traders become successful....
  • #3,237
  • Jan 29, 2012 12:29pm Jan 29, 2012 12:29pm
Quoting Phx62
I normally enter as soon as the break occurs because in most cases, the candle has already moves seveal pips in the same direction. When entering on a break of the Asian session, I only do that when th Asian has a small range....the smaller the range, the bigger the move after breaking out....usally no more than a 40 pip range. Thanks for all you do to help traders become successful....

Thanks for sharing that, will keep that in mind when pip sniping, hmm THE SMALLER THE RANGE THE BIGGER THE MOVE AFTER..
Let it turn and find your entry.
  • #3,238
  • Jan 29, 2012 12:57pm Jan 29, 2012 12:57pm
[quote=hale-mary;5335082]Phx62, looking at your trades...still trying to figure out how you new to hold on some of those trades like 1/25 during the fomc and 1/23.
quote]

Q1. It is a matter of trusting your system and what you have learned by backtesting, forward testing on demo and learning how PA works on a particular pair......on 1/25, the first trade moved short for 4 hours after setting the high of the London session....PA then set what turned out to be the low of the day and pulled back.....I exited after PA had pulled back about 20 pips. The ADR for the EU is 125 pips and the range for the day was very close to that....normally, I would have just take my standard 50 pip TP but I experimented and let the trade run.
On 1/23, I took entry on a break of the Asian session high (partly because I did not get to my computer until LO).....as long as each candle made a higher high and a higher low, I stayed in the trade....fortunately, it moved more than 130 pips from my entry.....once the last blue candle gave me a lower close than the open, I exited. There was a cross of the TDI to go short at that point but my experience has shown after a long move in one direction (70 or more pips without a retrace), a reversal will seldom go very far.....plus I had just earned 118 pips and did want to give any of them back.

Q2. Long on 1/24.....again, the cross of the TDI gave me the entry point. There was a reversal blue candle, then a cross of the TDI on the open of the next candle. When the TDI crosses, I expect 3 to 8 candles of the same color before another change of direction. This occurs at least 70% of the time. For the exit, I was not able to continue to monitor the trade, so I closed it at 40 pips.


Q3. Short on 1/26....the TDI did cross over at the beginning of the last blue candle but the real clue was in the candles themselves.....notice the last two blue candles before the entry....both of them closed lower than they opened, indicated by the little red open & close ticks on the sides of each candle (that means that the Japanese candles had already turned red) and a reversal was possible. Once the entry candle turned red and TDI had crossed on the candle before, it was a good entry based on my trading plan.

h-m.....hope these explanations help.
  • #3,239
  • Jan 29, 2012 1:13pm Jan 29, 2012 1:13pm
Quoting Erebus
This has to be one of the all time great posts EVER made about trading with TDI; some forums have a star that can be clicked so excellent posts can be found quickly, sure wish that feature was here because this would be an instant 5 Star rating.

Just trying to duplicate Phx62 screen and see this divergence, something to watch as the week develops, good trading to all.

Thanks for the kind words and nice catch on the divergence!!!!
Phx62
  • #3,240
  • Jan 29, 2012 1:29pm Jan 29, 2012 1:29pm
Quoting X-Man
Thanks Lazylobster you the best.

I have also updated the 1H method PDF.
It includes specifics and some TMS rules.
No major changes

The method is the same the only difference is that i give a more detailed explanation as i noticed the previous PDF had some vague rules that traders didnt understand properly.

[size=3][color=blue]Could i get someone to convert...
Here you go buddy
Attached File(s)
File Type: pdf X-Mans Super Simple System.pdf   190 KB | 1,842 downloads
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