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  • #3,461
  • Feb 1, 2012 3:30am Feb 1, 2012 3:30am
Quoting msc400
looks like the news gave the eur a pop
TP 50 just hit
  • #3,462
  • Feb 1, 2012 3:34am Feb 1, 2012 3:34am
guilhermealb, you are late IMO, but the price could go still up.

gms, nice one! I'm at 45+ with CHF. Will keep it a bit more.
Thoughts are things
  • #3,463
  • Feb 1, 2012 3:37am Feb 1, 2012 3:37am
Quoting gms
TP 50 just hit
Nice job GMS & Quezoy. I got out a few mins. ago when price hit 1.3100 with about 40 pip profit.
  • #3,464
  • Feb 1, 2012 3:40am Feb 1, 2012 3:40am
Quoting X-Man
Yes those lines are drawn automatically. Its the SHI channel indi. i'll attach it this post for you.
I set it to daily so then i view the daily channel in the 4H chart
Thanks!
  • #3,465
  • Feb 1, 2012 3:49am Feb 1, 2012 3:49am
Good job guys

I entered a bit late when the resistance broke.
I entered just above 1.30900

im up 35 pips
X-man the legendary conqueror of markets
  • #3,466
  • Feb 1, 2012 3:52am Feb 1, 2012 3:52am
This morning I was busy with paperwork and missed the long. Right now I am waiting for a short signal.

It has gone up quite a bit already and in the past I longed too often at the top, therefore will sit this up out and look out for the short again like yesterday.
  • #3,467
  • Feb 1, 2012 3:52am Feb 1, 2012 3:52am
Guys, this is starting to get a little bit confusing to a noob sucker like me.
PA is on top of SHI channel on daily and on bottom of SHI channel on H4... So we expecto to go long or short?
  • #3,468
  • Feb 1, 2012 3:58am Feb 1, 2012 3:58am
closed with 20 pips profit, I'm going to operate on 15m chart, thanks for the comments Quezoy

http://clip2net.com/s/1xMhP

Quoting Quezoy
guilhermealb, you are late IMO, but the price could go still up.

gms, nice one! I'm at 45+ with CHF. Will keep it a bit more.
  • #3,469
  • Feb 1, 2012 4:03am Feb 1, 2012 4:03am
Closed EUR/CHF. 1st half at 25+ and 2nd with 64+.
Thoughts are things
  • #3,470
  • Feb 1, 2012 4:05am Feb 1, 2012 4:05am
closed with 20 pips profit, I'm going to operate on 15m chart, thanks for the comments Quezoy

http://clip2net.com/s/1xMhP

Quoting Quezoy
guilhermealb, you are late IMO, but the price could go still up.

gms, nice one! I'm at 45+ with CHF. Will keep it a bit more.
  • #3,471
  • Feb 1, 2012 4:06am Feb 1, 2012 4:06am
FXstreet.com (Barcelona) - The pair gained more than 100 pips from European session lows (1.3025) and hit a fresh high today at 1.3143. At the time of writing the EUR/USD is quoting at 1.3140, gaining 0.43% in the day.

The euro rallies against the U.S. dollar on rumors on Greece and private creditors are near a tentative accord. Greek Finance Minister said yesterday that Greece is one step from closing a debt-swap deal with its private bondholders. According to Bloomberg, as an inducement for creditors, the debt would probably be governed under U.K. rather than Greek law, providing more bondholder protection.
  • #3,472
  • Feb 1, 2012 4:07am Feb 1, 2012 4:07am
buy eurusd h1 and closed my order with +70 pips.

Attached Image (click to enlarge)
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  • #3,473
  • Feb 1, 2012 4:08am Feb 1, 2012 4:08am
Quoting X-Man
Nope im not long i'll need more confirmation first if i want to go long.
Hi X-Man,

I know that you mention you will not go LONG for H1(Bias towards SELL) and wait if there's any good Setup there.. But what about for E/U H4.. As I trade my live account using your H4 system... (and so far profitable..) Is it valid for us to ENTER BUY Position right now base on the H4 setup alone.. ? Please advise... Tq

____________________________________
Still new and learning everyday...
  • #3,474
  • Feb 1, 2012 4:29am Feb 1, 2012 4:29am
Quoting hale-mary
Phx62,

I looked at the areas mentioned in the post. Did you draw those lines manually on the chart? Because I think you have the 00 lines marked for every level. Then I see a faint line behind the dotted blue line for the yesterdays high.

Most importantly, what clued you in that those were heavy resistance areas?

Thanks as always.
The lines are drawn manually....I pull up a H4 chart and look for areas where price has consolidated over the past month or so and then draw those lines in and leave them on my chart. Only one of them is a 00 number and that is just where I saw resistance. Not part of a system....just for my own reference.
  • #3,475
  • Feb 1, 2012 4:41am Feb 1, 2012 4:41am
my first positive pips with this system, 20 pips today
Attached Image (click to enlarge)
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  • #3,476
  • Feb 1, 2012 4:58am Feb 1, 2012 4:58am
Just went short on 15m signals, first trade with S3 System.

  1. BIAS: short
  2. PA on top of SHI channel
  3. Pullback candle
  4. Green TDI hooking on upper volatility band (reversal signal)
  5. Green TDI crossing Red TDI in overbought territory

Please comment! And try not to be too hard

Attached Image (click to enlarge)
Click to Enlarge Name: EU_short_01_02_12.jpg Size: 234 KB
  • #3,477
  • Feb 1, 2012 5:08am Feb 1, 2012 5:08am
Quoting arramiss78
Hi X-Man,

I know that you mention you will not go LONG for H1(Bias towards SELL) and wait if there's any good Setup there.. But what about for E/U H4.. As I trade my live account using your H4 system... (and so far profitable..) Is it valid for us to ENTER BUY Position right now base on the H4 setup alone.. ? Please advise... Tq

____________________________________
Still new and learning everyday...
I did mention that when PA hits the top of the channel and crosses below the EMA this is where we have to be careful.

I was looking for a short but seen PA started going long. I didnt enter long immediately i waited for PA to break through a resistance area for me to enter . PA retraced to the 61.8% level.
My Tp of 45 pips hit
Attached Image (click to enlarge)
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X-man the legendary conqueror of markets
  • #3,478
  • Feb 1, 2012 5:17am Feb 1, 2012 5:17am
Quoting X-Man
I did mention that when PA hits the top of the channel and crosses below the EMA this is where we have to be careful.

I was looking for a short but seen PA started going long. I didnt enter long immediately i waited for PA to break through a resistance area for me to enter . PA retraced to the 61.8% level.
My Tp of 45 pips hit

That's a 'handsome' retracement trade....excellent stuff, well supported by PA,TDI and APB.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,479
  • Feb 1, 2012 5:19am Feb 1, 2012 5:19am
Guys heres a tip on how to use the fibb tool.

When lower highs are forming (Downtrend) then we draw our fibb from high to low.
When Higher lows are forming (Uptrend) then we draw our fibb from low to high.
This is an easy way to set TP and score easy pips.


The 50% and the 61.8% levels are important levels.
X-man the legendary conqueror of markets
  • #3,480
  • Feb 1, 2012 5:21am Feb 1, 2012 5:21am
Dr Zulu, Check your using Sonic SHI Channel MTF at bottom of X-Mans first page under 4hr Template
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