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Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies

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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

Quoting X-Man
as soon as i added it then it showed me everything. Im not sure why it aint showing on your guys charts?
Enable dll as stated by tp0440 and see if it works.

X
i think it loads another custom indicator "MultiPivots", so that's probably needed as well.
Quoting sgpips
i think it loads another custom indicator "MultiPivots", so that's probably needed as well.
Yeah i think thats what you guys need. could someone post that.
X-man the legendary conqueror of markets
Here is the Multipivots indi, that indicator X Man posted works now
Attached File(s)
File Type: mq4 MultiPivots.mq4   5 KB | 363 downloads
Quoting X-Man
Yeah i think thats what you guys need. could someone post that.

Here is the MultiPivots.mq4

must be copied to your C: mt4expertindicator folder
Attached File(s)
File Type: mq4 MultiPivots.mq4   5 KB | 534 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
There are 2 pivot indis here, pivots for daily and some other nice things like days open prev days high/low and some fibs. Also you can play with the settings for the days start so if you want midnight GMT you can adjust to get that. Then pivot points multitime frame for W and M pvots, I no longer use M pivots D and W working fine for me.

http://www.forexfactory.com/showthread.php?t=108544
Excellent trade Emmanuel!

Quoting emmanuel7788
Hi,

A trade taken during this morning Tokyo session.
A continuation trade after previous day narrow range consolidation.
This was a straight forward trade using TDI, APB and PAC.

rgds,
couple of days ago i came accross this thread it is one of the best thread i have read so for so i want to thank you for helping all the newbi in the start of thread x-man attched some files for synergy and tdimg4 i want to down load these files but i am having some problem i can open the pdf but i can,t open ex4 ang mg4 files can somebody please help and tell me how to download the file. i work on window vesta i'm a newbe thanks in advance.
thankyou very much chaps!!

pivots all working now!
Hi,

I took 2 trades today.

First trade is a retracement trade on LO. Closed for 3 pips profit as i saw a pull back candle on US open and tdi is looking down.

Second trade is on the U.S open. Typical X-man setup, could easily closed for 45 pips, but ended up closing for 28 pips. Market was ranging, still managed to get 31 pips in total.
Attached Image (click to enlarge)
Click to Enlarge Name: EUR-USD.JPG Size: 41 KB
Quoting mpsangha
couple of days ago i came accross this thread it is one of the best thread i have read so for so i want to thank you for helping all the newbi in the start of thread x-man attched some files for synergy and tdimg4 i want to down load these files but i am having some problem i can open the pdf but i can,t open ex4 ang mg4 files can somebody please help and tell me how to download the file. i work on window vesta i'm a newbe thanks in advance.

You dont actually open those files unless you are trying to change the coding within the indicator. Have you installed metatrader 4 yet?
Quoting mpsangha
couple of days ago i came accross this thread it is one of the best thread i have read so for so i want to thank you for helping all the newbi in the start of thread x-man attched some files for synergy and tdimg4 i want to down load these files but i am having some problem i can open the pdf but i can,t open ex4 ang mg4 files can somebody please help and tell me how to download the file. i work on window vesta i'm a newbe thanks in advance.
Hi mpsangha. First of all, it's probably a typo but just to be sure, the file name is mq4, not mg4. I assume English isn't your native language. That's cool, but just to make sure you knew. OK. The files that end in mq4 and ex4, you don't open them. You want to yransfer them to your MT4 Indicators folder. Here's how you do it:
1) Make sure your MT4 platform is not running.
2) Open the folder containing your downloaded indicators. Shrink the window (Upper right hand corner of your screen, niddle icon)
3) Now open up your MT4 folder in your Program Files, click Experts, then Indicators. Shrink that window also and drag it over so the 2 windows are side by side. Right click the indictor you want to place on your MT4 platform. Left click Copy.
4) Go over to the Indicator file, and in a blank space right click your mouse, then left click Paste. Probably you'll get a confirmation pop-up. Just click the one that says you want to insert this.
5) When you boot up your MT4 platform the indicator should be in your Navigator menu under Custom Indicators.
6) Either right click the indicator on the menu and click on Attach to chart, or just double click the indicator and its window will appear on your chart. Hope this helps. Good luck.

P.S. There is no difference between mq4 and ex4. Both are OK to use. You can change the code in mq4, but not ex4.
Quoting krishari
Hi,

I took 2 trades today.

First trade is a retracement trade on LO. Closed for 3 pips profit as i saw a pull back candle on US open and tdi is looking down.

Second trade is on the U.S open. Typical X-man setup, could easily closed for 45 pips, but ended up closing for 28 pips. Market was ranging, still managed to get 31 pips in total.
Hi krishari, what is ea you use to manage your trades it shown an arrows in the cycle?
Hi all,

I do not have any open positions right now. Just closed off GU short 1/2 an hr ago for a couple of pips. I see eu ranging and i believe any break up or break down the next few hours will move the other pairs. So im watching.

Trades for this week are decent:
AU/USD short: +75 pips (TP)
NZ/USD short: -80 pips (went down sharp and reversed up, hit SL)
US/CAD long: -10 pips (closed off after position went more than -50pips for 1 day)
NZ/USD short: +70 pips (TP)
AU/USD short: +40 pips (TP)
US/CAD long: +15 pips (TP)
GBP/USD short: +10 pips (hit SL)

2 more trading days. Hope all are doing well.
I wanted to make a small analysis "emmanuel" style and I'm wondering if anyone agree with me or not I call it a "learning curve".

So EUR/USD looking at the different time frames.
Weekly - I see PA is heading to test lows from beginning of the year which is around 1.2620

Daily - pair broke down channel which was forming since january and for now is heading down

4H - is heading up, I think forming a small retracement

1H - asian session formed new low in pair is heading towards ema60 - currently balancing around daily pivot and weekly support.

today market will move somewhere definitely. looking at the lower 1h and 4h it should go up. looking at the overall trend it should go down.
with US news at 1:30 am (my time) it's more likely that it will follow the main trent strengthening US dollar further.

conclusion? I looking for short entry today and current level at 1.3045 seems to be a good option. SL 1.3060 TP 1.3005

What do you think lads?
Anybody looking at an option for reversal (not only retracement) on EURUSD (which pulls automatically USDCHF allong) and potentially also AUDUSD?? I'm not talking only about h1, also h4.

BR
Quoting tp0440
Anybody looking at an option for reversal (not only retracement) on EURUSD (which pulls automatically USDCHF allong) and potentially also AUDUSD?? I'm not talking only about h1, also h4.

BR
Reversal to go down?
Short from 1.3060, TP is 1.3000 for the day
Quoting Olafff
4H - is heading up, I think forming a small retracement

1H - asian session formed new low in pair is heading towards ema60 - currently balancing around daily pivot and weekly support.

today market will move somewhere definitely. looking at the lower 1h and 4h it should go up. looking at the overall trend it should go down.
with US news at 1:30 am (my time) it's more likely that it will follow the main trent strengthening US dollar further.

conclusion? I looking for short entry today and current level at 1.3045 seems to be a good option....
We are sitting around the general lows from 1 and 6 Feb. Other than that causing a pause I don't see anything on 4hr or 1hr to suggest a move up.

On 4hr all I'd suggest is that Asian session (as it often its way) did not have the power to break the US session low so it drifted sideways.

On 1hr we already have the potential for an evening star pattern which is normally a pretty good signal for resumption of trend.

Just downside for me.
Quoting Liberum
Reversal to go down?
Current trend is down, so reversal, to go up. Perhaps another bounce off of 1,3020, than move up to 1,3090 - 1,3190.
Quoting Vantage
Just downside for me.
But then I couldn't care 2 hoots about missing a counter trend potential trade if I don't see sufficient reason for a 'signal' to have a confluence of events (SR level/divergence etc etc) to justify it as a trade.
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