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X-Man's Super Simple System

  • #4,501
  • Feb 14, 2012 11:04am Feb 14, 2012 11:04am
Phx62,

I went back and read all of your posts. I wanted to say congrats
on the evolution of a great trader...

Having traded "TMS" for a couple of years now it seems to me
that you have it down. It really is very simple. Trade 1 market
on the 1 hour time frame and learn how it and the TDI cycles.

I have tried this system with different indicators but have found
that they detract from the system. The first 20 pages of
Trading Made Simple as started by Eelfranz and Super Simple
System by X-Man further refining the system has zeroed in on
this system. And for any new people reading this, this system
works and makes lot's of pip's.

Just wanted to say thank-you for all your help.

snarlyjack
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  • #4,502
  • Feb 14, 2012 11:08am Feb 14, 2012 11:08am
Snarlyjack, where in the MST are you located?
  • #4,503
  • Edited 11:14am Feb 14, 2012 11:11am | Edited 11:14am
5 times in trade, 3 trades that will bring 124pips trading profits and 2 failed with the loss of 46pips. A profitable trade is in session for London is 59pips and NY sessions are is 55pips, 10pips is from the early Asian session before losing 46pips in the session. I know this system does not propose to trade in the Asian session, but I trade at that time was to try and predict the movement and to test their own trading physiognomy, who knows maybe this feeling can help to discipline ourselves and so profitable as the last trade I just now , where I sell 1.3024 at London session of the second candle and bring in profits which would be achieved 78pips but because of my internet line dashed clever, I only managed to save 55pips. Whatever, it is worth using this system, there appears to be profitable as long as you are able to follow your rules and discipline. In conclusion, today, the overall profit is 78pips and that is sufficient.

X-man is the legendary conqueror of the market.
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  • #4,504
  • Feb 14, 2012 11:17am Feb 14, 2012 11:17am
Rim47,

I live in Missoula, Montana.

Spring is coming, it's about 45 degrees right now at 10:15 a.m.

How about yourself?

snarlyjack
  • #4,505
  • Feb 14, 2012 11:21am Feb 14, 2012 11:21am
I am in Salt Lake City, and the weather is about the same. Was hoping you might have been in the area.
  • #4,506
  • Feb 14, 2012 11:27am Feb 14, 2012 11:27am
Quoting AmaNZ
5 times in trade, ..

X-man is the legendary conqueror of the market.
Congratulations on your good results, but please don't use the red color for all your post, is terrible.
Enter Signature
  • #4,507
  • Feb 14, 2012 11:33am Feb 14, 2012 11:33am
Quoting maudur
Congratulations on your good results, but please don't use the red color for all your post, is terrible.

OK...
  • #4,508
  • Feb 14, 2012 11:45am Feb 14, 2012 11:45am
Im really happy to see traders making pips off this system.

Snarlyjack and Phx62 are traders using this method longer than me, they were trading this when Big E just started the TMS thread so when they tell you this system makes you pips then trust me this system will make you pips. I only started this few months ago.

if you master this system then It will me your personal money machine.

dont forget to keep rating this thread as this is one one the most fastest growing threads since it started
X-man the legendary conqueror of markets
  • #4,509
  • Feb 14, 2012 12:02pm Feb 14, 2012 12:02pm
Quoting hale-mary
I am trying to get a hang of the support resistance entry break. (I knew it was the fourth candle but I was not focused on that) Sometimes there can be 8 candles and price breaks. I am going back to see where I went wrong with this type of trade.

For example(chart below), if this were the london session I am sure he would have entered on the break. And I think in your pdf you have a picture of that
Why do you enter that late?

Why don't you enter at the top at the first or second red candle? The one with the red arrow above, 8 candles before your entry. There is a beautiful TDI cross confirming the downtrend.

You are also entering with a TDI closer to 32 instead of coming back from 68 or from above 50.

Sell high and buy low.
  • #4,510
  • Feb 14, 2012 12:07pm Feb 14, 2012 12:07pm
Quoting Liberum
Why do you enter that late?

Why don't you enter at the top at the first or second red candle? The one with the red arrow above, 8 candles before your entry.

You are also entering with a TDI closer to 32 instead of coming back from 68.

Sell high and buy low.
That was a hypothetical situation. I said there have been times when price will not move and then i see experienced traders enter on the break. We did a trade like that a few days or weeks ago. If you look London sometimes does that and on the break we enter. If you look at phx62 old posts you will find what I am talking about.
  • #4,511
  • Feb 14, 2012 12:15pm Feb 14, 2012 12:15pm
This is after the fact. So telling me I should enter on the first candle or second candle wont cut it as I know there is more to it than that.

So I saw an old trade of Phx62 from november. Hats of to him for being able to tackle the frankie session as I cant figure out if price will continue or reverse. Anyway my time usually starts at the beginning of london as shown in the verticle blue line.

1 hour prior price moves up as shown in the red arrow. Then london opens and retraces. this is all we have.

What would I need to observe to say that it is okay to enter at a retracement or is this a missed trade (I have no problem skipping trades when I am unsure)

This area is in the green rectangle.
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  • #4,512
  • Feb 14, 2012 12:21pm Feb 14, 2012 12:21pm
I thought for a change I post a lost trade:

USDCHF
Sell
H4 method



Reasons for entry:

  1. TDI back into blue band
  2. TDI cross
  3. Synergy color change (entered on 2nd candle)
  4. bounce off EMA 60
  5. bounce off resistance at 0.9200
  6. H4 downtrend
  7. D1 down as well

All comments appreciated ...

gary

p.s.: X-Man, congrats to 300 pages

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  • #4,513
  • Feb 14, 2012 12:43pm Feb 14, 2012 12:43pm
Gary,

All conditions may have been met except the very important one, TDI angle is flat. TMS rules (4hr trading) would tell us that this is an exit signal for previous trade if in the trade or to stand aside and look for a better set-up.
  • #4,514
  • Feb 14, 2012 1:19pm Feb 14, 2012 1:19pm
Quoting X-Man
Closed my short trade for a nice 35pips.

A lovely trading day , 70 pips for the day not bad at all
This is the life guys.

Yes.. Thanks for the support.... I took 21 on the Long and 25 on the Short, a little shy of 50 pip target, but I'm not complaining for a few hours trading its awesome!!
"It always seems impossible until it is done" Nelson Mandela
  • #4,515
  • Feb 14, 2012 1:31pm Feb 14, 2012 1:31pm
The whole point of this system, is to eliminate all the noise off your charts.. It is a SIMPLE method, don't try to make it complicated, focus on TDI and Candle colour changes, stick to the rules...

When you start adding Fib's (been there done that..), and all sorts of secondary analysis, you start to get confused.

I have been trading the TMS method for a year, it took a long time for me to get all that other stuff out of my system, but now S3 is even easier.

Follow the rules, go back and read them.. read them before you start trading everyday. I still do this.... Forget the rest.. otherwise you are trading another system..

Good luck, Think simple....
"It always seems impossible until it is done" Nelson Mandela
  • #4,516
  • Feb 14, 2012 1:59pm Feb 14, 2012 1:59pm
The Handwriting On The Wall

1). Change Happens
They keep moving the cheese

2). Anticipate Change
Get ready for the cheese to move

3). Monitor Change
Smell the cheese often so you know when it is getting old

4). Adapt To Change Quickly
The quicker you let go of old cheese
The sooner you can enjoy new cheese

5). Change
Move with the cheese

6). Enjoy Change
Savor the adventure and enjoy the taste of new cheese

Be Ready To Change Quickly And Enjoy It Again & Again

They Keep Moving The Cheese, Move With The Cheese

snarlyjack
  • #4,517
  • Feb 14, 2012 2:05pm Feb 14, 2012 2:05pm
Quoting X-Man


dont forget to keep rating this thread as this is one one the most fastest growing threads since it started
Just did that


your birth date: jul 3 1987

my birth date : jun 3 1987

cool.


will post my trades soon

thanks for the great system !
:
  • #4,518
  • Edited 4:05pm Feb 14, 2012 3:09pm | Edited 4:05pm
Quoting snarlyjack
The Handwriting On The Wall

1). Change Happens
They keep moving the cheese

2). Anticipate Change
Get ready for the cheese to move

3). Monitor Change
Smell the cheese often so you know when it is getting old

4). Adapt To Change Quickly
The quicker you let go of old cheese
The sooner you can enjoy new cheese

5). Change
Move with the cheese

6). Enjoy Change
Savor the adventure and enjoy the taste of new cheese

Be Ready To Change Quickly And Enjoy It Again & Again

They Keep...
LOVE the Cheese and this great book! Who moved my cheese?
  • #4,519
  • Feb 14, 2012 3:25pm Feb 14, 2012 3:25pm
Quoting snarlyjack
The Handwriting On The Wall

1). Change Happens
They keep moving the cheese

2). Anticipate Change
Get ready for the cheese to move

3). Monitor Change
Smell the cheese often so you know when it is getting old

4). Adapt To Change Quickly
The quicker you let go of old cheese
The sooner you can enjoy new cheese

5). Change
Move with the cheese

6). Enjoy Change
Savor the adventure and enjoy the taste of new cheese

Be Ready To Change Quickly And Enjoy It Again & Again

They Keep Moving The Cheese, Move With The Cheese

snarlyjack
I love this, well said, one thing i could add to this is: If you try to eat to much cheese (Greediness) you will get belly ache.
  • #4,520
  • Feb 14, 2012 3:27pm Feb 14, 2012 3:27pm
Quoting snarlyjack
The Handwriting On The Wall

1). Change Happens
They keep moving the cheese

2). Anticipate Change
Get ready for the cheese to move

3). Monitor Change
Smell the cheese often so you know when it is getting old

4). Adapt To Change Quickly
The quicker you let go of old cheese
The sooner you can enjoy new cheese

5). Change
Move with the cheese

6). Enjoy Change
Savor the adventure and enjoy the taste of new cheese

Be Ready To Change Quickly And Enjoy It Again & Again

They Keep Moving The Cheese, Move With The Cheese

snarlyjack
My favourite cheese is a strong bity Italian Peppercorn Pecorino!

What's your snarly?

What a great analogy!!!
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