X-Man's Super Simple System

EU:

Morning all ..well its 9am in South Africa. I'm still short on two trades from 1.3270. Looking for entry on third trade .Market looks undecided at 1.3170, up or down not sure . Maybe a thrust up to R1 at 1.3205 and then back to down trend again ?TDI sideways so I'm going to have a cuppa Joe sit back and wait for some definate direction .

so,,,
we back up to the 200 ema (still below)
the TDI is above 50
price seems to be stalling around 318x area,
TDI may be pointing down in a couple hours,
lets wait and see

I woudnt go long.
The daily channel shows me a downward trend and you can see lower highs forming.
PA has touched the top off the channel and is trending down down.
Trend might change you never know but for now its a downward trend

X-Man that the boxes in your chart? What is the indicator?

A potential sell oppurtunity on EURJPY. It's testing a resistance area near 103.50, pivot is 30 pips away to the downside.

Hi guys & gals,

I thought I would share something that some of you may find useful ... of course, you may not, but, anyways ...

There's a guy called Sive Morten who does a daily EU forex analysis on YouTube for FPA ... now of course, I realise there are probably 100s if not 1000s of people that do daily EU analyses, but the thing I like about this guy is he mainly focuses on S & R for the day ahead, based mainly on Fib etc.. Now, I don't even use Fib in my trading at present, but the point is, he highlights key levels that may come into play each day ... also, he starts off with the bigger picture (Daily, Weekly), then works his way down (e.g. H4, then H1) ...

Like anyone / everyone, sometimes he's right, sometimes he's wrong ... it's not about doing what he says, just about being aware of what he's talking about.

His accent can be hard to decipher at times, but anyway, I'll leave the link here, the choice is yours

Thanks for the share! Interesting.

I guess the question always is, what timeframe does the Golden Cross matter most on ...

... because interestingly, it's occurred on the H1 chart at around 9 hours ago ... currently on my charts the H1 is fighting the MA50 and MA200 ...

... downward seems like a strong likelihood ... but we will see ...

[quote=antantnz;5385708]Hi guys & gals,

Sive is great , I have been watching his EU postings for a few months .. its great to see how he breaks down the time frames and summarises the potential market moves .

h-m,
if you are watching the EU H1 PA now, what do you see?

To Sell

Supply and demand areas.
You can find the indi on this thread.
Just search the attachments

there's some more to that before you pull the sell trigger...
- H1 Inside bar
- rejection at 200MA ...some many recent discussion on MAs
- APB previous close lower
- TDI point down but no crossing yet, from above upper band
- this current bar will clsoe OB
- enter PAC???
-

I went short on 103.42, TP is Daily Pivot.

Pullback candle on EU open bouncing off the 200 EMA stopped the updirection from asian session.
Reverse very possible.
TDI crossed as well.

I took the trade 50SL/50TP on first candle LO.

Good luck, but for me its to close to support.

I have gone short because:

1. Appears to be bouncing off 200ema
2. In a current down trend
3. Want to get in early
4. There is a slight TDI cross now

Stop just above swing high, last candle.

rare gem ...
but only when occur at key S&R...

Who is short on E/U?!

I went in a bit early on the 78.6% fib
+15 now

Looking for a short demo entry in AUDUSD H1 if the PA crosses EMA4 as TDI has already crossed.

Wait: PA cross EMA4, TDI cross 4 oclock angle.

Comments?