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X-Man's super simple system 4 hour method 1 reply

Attachments: X-Man's Super Simple System
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X-Man's Super Simple System

Have entered short because of:

-ascending triangle breached
-green line under red and yellow, at 50 and breaking volatility band
-multiple test of 1.3285 unsuccsessfull

p.s. experimenting with 30 min chart.
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Thoughts are things
Quoting Quezoy
Have entered short because of:

-ascending triangle breached
-green line under red and yellow, at 50 and breaking volatility band
-multiple test of 1.3285 unsuccsessfull

p.s. experimenting with 30 min chart.
i got in @ 3263.
Keep It Simple Stupid
Did not enter, doesnt seem good
would not expect bulls give up easily
Con, can you please explain why it doesn't seems good?
Quoting ReggieZZ
There is a potential SHORT trade developing now (8:53 GMT) on EURAUD - looking good...
Also took the trade. It did break out the channel, but other than that it looked good. Down a few pips.

Also took the long with the aud/chf, looked like a better setup. If I had to choose one wouldve chosen the aud/chf.

A few pips in the negative now, but will see how it develops
Friend of mine gave me one of these as payment for an introductory forex lesson - found it quite ironic to be paid in a discontinued, completely useless currency for a lesson, on, well, currencies! lol!

Anyhow, thought you guys might like it, so...

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Market still in a tight range , so still no trade for me yet
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X-man the legendary conqueror of markets
Quoting burningmunke
Friend of mine gave me one of these as payment for an introductory forex lesson - found it quite ironic to be paid in a discontinued, completely useless currency for a lesson, on, well, currencies! lol!

Anyhow, thought you guys might like it, so...

Attachment 893737
LOL everyone in zimbabwe were billionaires.

First country to have so many billionaires haha
X-man the legendary conqueror of markets
Quoting X-Man
Market still in a tight range , so still no trade for me yet
Hi X-Man, the reason you did not enter short on the second red candle where there is a TDI cross and the first red candle is a pullback, is it because the yellow MA is moving upward?
Quoting X-Man
Market still in a tight range , so still no trade for me yet
Is that why you did not take the pullback candle?

Also, i dont know if you mentioned this before. Are the green lines on your chart a support/ resistance indy?
The reason why i didnt take any trades yet is because if you look at my chart you will notice 2 horizontal green lines at the top of my chart, thats the range. The asian session created a support so it has to break that if i want to go short.
Ill take a trade when theres a break out of that range with momentum.
X-man the legendary conqueror of markets
Quoting burningmunke
Friend of mine gave me one of these as payment for an introductory forex lesson - found it quite ironic to be paid in a discontinued, completely useless currency for a lesson, on, well, currencies! lol!

Anyhow, thought you guys might like it, so...

Attachment 893737
What do you say for this
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Quoting X-Man
The reason why i didnt take any trades yet is because if you look at my chart you will notice 2 horizontal green lines at the top of my chart, thats the range. The asian session created a support so it has to break that if i want to go short.
Ill take a trade when theres a break out of that range with momentum.
Okay but what do the other green lines represent?
Quoting hale-mary
Okay but what do the other green lines represent?
The upper asian range aka resistance.
Thoughts are things
Quoting hale-mary
Okay but what do the other green lines represent?
Its a Fibonacci template overlaid to assess possible retracement targets
Quoting Quezoy
The upper asian range aka resistance.
I know what the top 2 green lines represent. I was talking about the bottom 3. They cannot all be resistance.

I will wait for X-man. Fib Template does not sound accurate to me because he mentioned the top two lines were the Asian range today.
Quoting hale-mary
I know what the top 2 green lines represent. I was talking about the bottom 3. They cannot all be resistance.
My mistake, was reading to fast.

Seems like nothing will happen till NY open.
Thoughts are things
those green lines are just lines that i have put in manually to mark certain support and resistance areas. It was just to trade the bounces within that range.

but now i removed all those green horizontal lines and just kept the top 2 lines.
The fibb retracement is for PA if it decides to move down then i know places to set my TP
X-man the legendary conqueror of markets
Quoting izisale
What do you say for this
Wow, that is insane! What country is that from??
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