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  • #6,021
  • Edited 9:45am Mar 4, 2012 9:27am | Edited 9:45am
Quoting X-Man
[color=Blue][size=3]Hale Mary

I read your posts and in every post I see negativity.
You are taking every piece of advice in a negative light and shunning all the info given to you by the experienced traders.

My rules to this system are very clear. This system is a very simple system.
Theres absolutely nothing wrong with the system.
All the rules have been covered.
I do reply to the charts you post and if i missed some then i am sorry as i have been very busy recently with wedding preparations and with developing myself further as a trader , constantly...
Well said X-Man. Hale Mary, I know what you're going through - trust me, I and many pro traders much more skilled than me have been there. Its part of learning and getting discipline. X-Man is right, 50% of trading lies in our ability to execute trades based on a system and accompanied chart info. The other 50% is sorting out the psychology behind trading. I'm not there yet - I know I still have a long way to go - but truth is, like X-Man I work on it every day. I always strive to be a better trader in whatever way I can... There's loads of info out there that can help you! X-man always advises to go and read the TMS thread - maybe you should do that as the S3 system found its roots there...

From your comments what seems to me is that you might have jumped straight into the deep end... Go back to the beginning, if you have to, go back to babypips again - dont rush this thing. (I personally did babypips 4 times! - I wasn't as quick as X-man in my learning!). Go back to the beginning of the thread and read everything again if you have to. Start at the roots and read TMS as mentioned before. Becoming a profitable trader takes time, dedication, commitment and most of all, discipline. If it was all that easy every person and his mother would be a trader.

Lots of peeps trading this system became profitable for the first time by using it - I know because I'm one of them! There's nothing wrong with the system at all - one of the best out there imo.

I personally wish you all the best and can truly sympathise with you as I've been there...

Hope this helps in some way...

Best regards.
  • #6,022
  • Mar 4, 2012 9:32am Mar 4, 2012 9:32am
Quoting X-Man
I use the sonicR chart panel. That indi shows a lot of useful areas( pivots , the 100s , the 50s). I attached it to this thread some time ago. click on the paperclip and it will be there.
Or you can find it on the sonicR thread.
If you still cant get it let me know and ill send it to you.
Its on post 3626

X
Can you say what means 100s and 50s, please?
  • #6,023
  • Mar 4, 2012 9:44am Mar 4, 2012 9:44am
Quoting X-Man
Hale Mary

I have been following the rules and doing the timeframe analysis you mentioned and I dont think you have read any of my recent posts because your constructive critism of me seems too generic and it has been quite some time since I last posted a chart. Like you I experiment, when you sent those pms to me to check indys out. BUT that does not distract me from the trade and the system. I am not going to be one of those people that shout hooray after one successful trade or let the trade run against me for a huge amount and then clap victory. (i see so many posts that do this). When I post a problem I am having, I see alot of people doing their victory posts and mine seems to get glossed over.

anyways, I see alot of changes that occured with the system/method since the beginning. I remember see the 4 hour method pips being 200-500 per trade on the front page then getting reduced to 100-300. Same thing with the 1 hour method. It seems to involve TOO much discretion as in what to look for to take a trade. (You keep mentioning momentum and bullish pressure and I dont see any of that...just candles) Then the pivots got thrown in as well. Too many times the TDI gives me the wrong confirmation when I look for a trade, which is why I am looking at the MACD now.

I dont believe in this you are meant to be or not meant to be in a profession.(Although people who are succeeding tend to ALWAYS say this) Total nonsense. Anybody can be anything. As for shunning advice, what am I going to do with generic advice? I want to improve on the method and see what i missed not "oh work on yourself test 300 trades look at statistics." You guys also claim every trading day is different so what am I going to do with testing?

I already knew you were trying to improve yourself so I dont expect you or anyone else to correct me. Like i said before, probably on my own.
  • #6,024
  • Mar 4, 2012 9:48am Mar 4, 2012 9:48am
Quoting Oyapoke
Can you say what means 100s and 50s, please?
Psychological levels Like 1.3000 (100s) and 1.3500 (50s) or 1.3100 (100s) and 1.3150 (50s).
  • #6,025
  • Mar 4, 2012 9:55am Mar 4, 2012 9:55am
Quoting Dr_Zulu
Psychological levels Like 1,3000 (100s) and 1,3500 (50s).
Thank you Dr_Zulu
  • #6,026
  • Mar 4, 2012 10:35am Mar 4, 2012 10:35am
Quoting hale-mary
I have been following the rules and doing the timeframe analysis you mentioned and I dont think you have read any of my recent posts because your constructive critism of me seems too generic and it has been quite some time since I last posted a chart. Like you I experiment, when you sent those pms to me to check indys out. BUT that does not distract me from the trade and the system. I am not going to be one of those people that shout hooray after one successful trade or let the trade run against me for a huge amount and then clap victory. (i see...


ive changed 200-500 to 100 to 300 because no one on this thread really kept the trades open that long including me.
So the best targets would be to take 100 to 300 on the 4H chart. That does not mean i changed rules. So how does that change the method i trade?

Pivots etc i use to use from the time i started trading. But with coders keep coding lovely indis to make our trading life easy i use them.
I really worked hard to be where i want to be and make the pips.
The reason why Traders keep mantioning generic info is because the generic info is that basic info which is the key info.
I sat in seminars and webinars and i hear the same info over and over to traders that is generic info because when traders go for these senimars /webinars all they looking for and focusing their attention to is "THE SECRET" but to me when i hear generic info i confirm that i am on the right track when i apply these daily to my trading.

It confrims to me that all the pros trade in the same way with the same train of thought its just their trading styles are different thats all.
But hey what do i know, i only entered the forex world 7months ago. Im still a noob myself

Anyway i really wish you a success in your trading. I dont ever wish bad for anyone at all.
Happy hunting friend

X
X-man the legendary conqueror of markets
  • #6,027
  • Mar 4, 2012 10:36am Mar 4, 2012 10:36am
During the backtest of last 3 months I noticed a high risk of false Asian range break by the first London candle.
Did anyone noticed the same?
I seem to recall X-Man said he prefers to trade the second London candle and the first NY candle.
  • #6,028
  • Mar 4, 2012 11:06am Mar 4, 2012 11:06am
hi my friend , please can you send me indacator, traders dynamic index, 4EMA(typical, shift2) and synergy bars, i have download but it not pass to my MT4.
  • #6,029
  • Mar 4, 2012 3:16pm Mar 4, 2012 3:16pm
Quoting davson90
hi my friend , please can you send me indacator, traders dynamic index, 4EMA(typical, shift2) and synergy bars, i have download but it not pass to my MT4.
Inserted Video


A journey of 1,000 miles begins with 1 step

It takes a lot for me to IGNORE you, but you can try.
  • #6,030
  • Mar 4, 2012 3:30pm Mar 4, 2012 3:30pm
Hale-mary,

It can be frustrating sometimes to read about other traders succesfull trades and I know this because same as you I still have more loses than gains. Sometimes I think I would learn more if I saw an unsuccesfull trade with description what went wrong. It is very hard to resist not changing your rules if you see someone is winning on m15, other person on h1, h4 etc.You are getting confused and think why I am the only person that is loosing. I feel that the most important but most difficult thing is to find a balance beetwen what other people do and what YOU decide to do.
There is a great article by Akil on Protradernetwork about making small, continuous improvements. I did like 20 trades a week 4 weeks ago and this week I only made 5 trades so I feel I improved my game when it comes to overtrading. I want you to know that there are many people like you struggling hard to succeed and having their doubts.
Well, wish you all the best and hope we will be soon in the winning team
  • #6,031
  • Mar 4, 2012 3:41pm Mar 4, 2012 3:41pm
Quoting H-Pip
Hale-mary,

It can be frustrating sometimes to read about other traders succesfull trades and I know this because same as you I still have more loses than gains. Sometimes I think I would learn more if I saw an unsuccesfull trade with description what went wrong. It is very hard to resist not changing your rules if you see someone is winning on m15, other person on h1, h4 etc.You are getting confused and think why I am the only person that is loosing. I feel that the most important but most difficult thing is to find a balance beetwen what other...
I totally agree except the sentence about learning from others' mistakes.
That is something you have to do on your own, by demoing and backtesting and then reviewing what you did wrong and writing it down so you try not to repeat the same mistakes.
You know everyone of us is prone to a wide variety of mistakes and your errors could not be mine's. So everyone of us has to spot its weaknesses and try to strenghten in that field.
It's the hard work we got to do on our own.
  • #6,032
  • Mar 4, 2012 3:45pm Mar 4, 2012 3:45pm
i dont see where i can download this template ,please can you give this template ?
  • #6,033
  • Mar 4, 2012 4:00pm Mar 4, 2012 4:00pm
Quoting X-Man
[color=Blue][size=3]ive changed 200-500 to 100 to 300 because no one on this thread really kept the trades open that long including me.
So the best targets would be to take 100 to 300 on the 4H chart. That does not mean i changed rules. So how does that change the method i trade?

Pivots etc i use to use from the time i started trading. But with coders keep coding lovely indis to make our trading life easy i use them.
I really worked hard to be where i want to be and make the pips.
The reason why Traders keep mantioning generic info is because...
Nicely done on pushing through the 1,000,000 mark - great achievement for all your hard work

The Secret is only achieved after a bunch of screen time on back testing and demo to perfect your trading style and then and a ton of live trades which will then teach you what type of trader you are and how your risk tolerance stands up to losing real money.

The basics apply to any of the posted methods being used on the FF Forums and mastering PA is the real SECRET! Returning to BabyPips can be a real eye opener and often times that "LightBulb" moment will hit you and change the way you look at charts. Ask me how I know that one!

One thing that I learned at one of many training seminars and webinars is that the rules need to be embedded in your trading plan and that it takes time to develop your belief system that the rules are in fact there for a reason. Find your trading timeframe and market times that works best for you and develop your trading style around it. Once you have the belief and a demo track record where your win/loss ratio looks good - go live and see if the numbers hold for live trading.

The guys that are killing it on this thread and are posting charts and results are just a small percentage of those actually using the methodology - take advantage of these folks - they may stop posting at any time, or just simply take a break from the forums.

Keep up the great work X Man and the rest of the team.
"To live with Passion, it takes Courage and Grace to survive"
  • #6,034
  • Mar 4, 2012 4:10pm Mar 4, 2012 4:10pm
....see Post #1


Quoting davson90
i dont see where i can download this template ,please can you give this template ?
  • #6,035
  • Mar 4, 2012 7:54pm Mar 4, 2012 7:54pm
Just went through the first 120 pages of this thread and now jumping ahead to page 400 to be in "real time" with everyone. Will read the remaining 280 pages during the next few weekends. I think I got the gist of it. Interesting and promising system!!! It seems to mesh well with my train of thoughts as I am a price action, S/R, TL trader.

I will incorporated the bits and pieces of this system into MY own price action method and test drive it tonight (as I'm operating in New York's time).

Looking forward to participating in this thread. Thank you for sharing!!!

Edit: Apparently, "this (my) post is not yet (immediately) visible to others (at the time of its posting). As a Junior Member, (my) posts are hand-moderated as a quality control measure. If approved, this post will be made visible to others and this message will not appear. If this post is denied it will be removed completely." haha
  • #6,036
  • Mar 4, 2012 8:09pm Mar 4, 2012 8:09pm
9:00pm (EST) New York time - shorted U/J @ 81.70
  • #6,037
  • Mar 5, 2012 12:31am Mar 5, 2012 12:31am
Quoting kokopelli
Just went through the first 120 pages of this thread and now jumping ahead to page 400 to be in "real time" with everyone. Will read the remaining 280 pages during the next few weekends. I think I got the gist of it. Interesting and promising system!!! It seems to mesh well with my train of thoughts as I am a price action, S/R, TL trader.

I will incorporated the bits and pieces of this system into MY own price action method and test drive it tonight (as I'm operating in New York's time).

Looking forward to participating in this thread. Thank...
Hi kokopelli,

You make a very good start to begin at post#1 and work slowly through all the pages and posts. That's the approach and a very a positive attitude. I am sure you will trade well and get even better going forward from now.

While you read through all the posts, pay more attention to the Synergy APB and TDI. Know how these two indicators well. The TDI is build upon the well known RSI and this is unique since it is an indicator of another indicator and not build directly on the price.
The APB also give you more information than the original price bar alone.
These two combination is very unique on its own and is the backbone of S3 method.
Plus your knowledge in Price Action trading, this will become your very own edge over other traders in the market. PA will let you get into the market early most of the time before APB and TDI.

To make this into a complete system, you need to work on incorporating a good money management strategy and trade management method into your business plan.

BTW, your USDJPY trade EP @81.70 is running into profit. You need to manage this to maximise what the market will give you.

One question: why did you select USDJPY instead of the other pairs like EURJPY, GBPJPY or AUDJPY?
Among these four pairs, UJ is the lowest range pair.

Have good trading week ahead.

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #6,038
  • Mar 5, 2012 1:13am Mar 5, 2012 1:13am
Quoting hale-mary
The way I see it is this, I should be able to make profit regardless of timeframe. Why? I have done the 4 hour time frame, sat around for a while and resulted in a loss. Then some one suggested look at lower to confirm higher...again loss. Then someone said, 15 minute is the best time frame...again loss.

These someones were people who were successful at their timeframes. But I still had the same problem, I could not see what they see. AND still having problems with understanding the market conditions. Because when I enter, I see some of the senior...
Here's an idea: Basically this all started with Big E's 5 Method on the Craig Harris thread, then progressed to TMS, then to S3. If you're confused & struggling, you may want to consider going back to the original 5 Method & starting over. That's my plan. I was just catching on when it started progressing, faster than I was keeping up apparently.
My favorite crochet hook is size J. It's a J-Hook!
  • #6,039
  • Mar 5, 2012 1:36am Mar 5, 2012 1:36am
Quoting emmanuel7788
- one system to generate pips for your weekly expenses,
- one for generating your month salary,
- one to generate your year-end bonus,
- one to build wealth,
Hi Emmanuel,

Would you mind sharing the ratios of the number of pips generated from the monthly & yearly systems in relation to the weekly one? Thanks.
  • #6,040
  • Mar 5, 2012 1:44am Mar 5, 2012 1:44am
[quote=emmanuel7788;5438740]ok ok hale-mary,

I empathise fully with you. There is something which you are still missing.

4 years ago I was in same dilemma like you. My forex coach/guru whom I paid thousand of dollars to learn his system. He was a trader with 20 years ...]

WOW!!!

Incredible! 88% win rate !!!!
Congrats on your success.

We should push ourselves even further to get closer to your results.
Thanks for sharing your experience !
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