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  • #7,541
  • Jun 8, 2012 9:12am Jun 8, 2012 9:12am
emmanuel
Quote
here is a good video to watch in case you do not have this in your email yet.

http://www.compassfx.com/video/ip/60712/60712.html

Good info, but seems like a lot to consider for some of the newer traders.

Here's a hint that might simplify - the TDI will show change in bias when the RSI crosses the MBL from either the overbought or oversold areas -notice this is his videos. You can also observe divergence, again notice in the videos.

In my experience, this is much easier to observe than trying to track the bias by drawing trend lines.

Just trying to take some of the additional input/chart clutter out of the equation.

all the best.

dcginc
  • #7,542
  • Jun 8, 2012 10:01am Jun 8, 2012 10:01am
Quoting dcginc
emmanuel

Good info, but seems like a lot to consider for some of the newer traders.

Here's a hint that might simplify - the TDI will show change in bias when the RSI crosses the MBL from either the overbought or oversold areas -notice this is his videos. You can also observe divergence, again notice in the videos.

In my experience, this is much easier to observe than trying to track the bias by drawing trend lines.

Just trying to take some of the additional input/chart clutter out of the equation.

all the best.

dcginc

Hi gcginc,

Good to see that you are back. Thanks for pointing out the TDI simplicity stuff. Sure help knowing more of these 'hidden secrets'.

BTW, there are some good learning videos you made on protradernetwork too. Great work!

Kind regards,

Have a good weekend!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,543
  • Jun 8, 2012 10:07am Jun 8, 2012 10:07am
GATHERING OF S3 TRADERS in SINGAPORE
Hello,
I got X-Man' approval to make this post invitation to all S3 traders in Singapore.
I have been thinking of holding a gathering for S3 traders who are residing in Singapore.
My initial objectives for an initial kick-off meeting -
1) To hold a gathering for S3 traders to meet and get to know each other in person.
2) Share trading experiences trading S3.
3) To discuss the idea to form a regular live trading group.
4) Collect input from traders for the kind of support they need, for example some traders may need help with MT4 platform, newbies startup support, etc.
5) Discuss S3 H1 EU and 4H systems.
Please PM me if you are keen to join this initial gathering. I need some time to arrange a proper meeting venue and logistics.

Once I get enough responses, I will establish a contact list with emails and provide you with more details of this event. We can then communicate further for this event.
In case you are unable to use the forum PM function (new members who have not made the minimum of posts), please try make a few contribution posts on this thread to get around this restriction.
Look forward to hear from you.

Thank you.
Have a good weekend!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,544
  • Jun 8, 2012 10:21am Jun 8, 2012 10:21am
Hi,
Just closed all my open trades ahead of the weekend seeing PA going above the EMA5.
Total 413 pips for this H4 trade.
Average 82 pips per position.

Should expect to see more move upwards now as London will be closing and profit taking will bring price up.
Decided to close shop for this week.

Hope you all have some good trades this week and be ready for another week of fun trading next week.

Have a good weeekend!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 23 trades closed 8-6-2012 11-13-31 PM.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,545
  • Jun 9, 2012 12:32am Jun 9, 2012 12:32am
Hi everyone,

apologise for posting this but i am really keen to join the S3 group. So i created this account to PM emmanuel7788 but i cant because i am a junior member.

Right now i cant contribute to S3 thread because i am still new. Although i know how to apply the theory but not very confident.

emmanuel7788, hope u can contact me by email.
[email protected]

Hope to see you soon
  • #7,546
  • Jun 9, 2012 10:36am Jun 9, 2012 10:36am
Quoting Wqiang
Hi everyone,

apologise for posting this but i am really keen to join the S3 group. So i created this account to PM emmanuel7788 but i cant because i am a junior member.

Right now i cant contribute to S3 thread because i am still new. Although i know how to apply the theory but not very confident.

Hope to see you soon
Hi Wqiang,
ok, got your msg.
In the meantime, please start reading from post#1 and download the indicators, templates and pdf files descritpion of the S3 H1 EU and 4H methods.
You need to make some posts in Forex Factory before your Junior Member status will be changed to Member. The PM and Email restrictions will no longer apply when you are classidfied as Member.

Stay tuned!

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,547
  • Jun 9, 2012 5:47pm Jun 9, 2012 5:47pm
Quoting prftablefool
Do some backtesting on demo and you will surprised with your findings. I always used to wonder why the heck my demo always outperform my live account by miles despite taking the same trades. The clue was that in demo I was riding the whole trend without any fear of losing whereas in live account I used to get nervous when profit starts balooning up and close my positions too early with a fear that market will reverse.

No doubt many times, market will reverse and eat up all the profitable trades in progress but in the long run it pays off to...
Hi Prftablefool.

I'm silent follower of this btw really good system.
However I need some help. As far as I know The S3 is a set of indis and I don't know how or in which way I can "backtesting" indis in the meaning of the procedure by manual MT4.
I've read post #1, #3, #13 and so on... about "back testing".
Do I missing a point?
Could you be so kind and give me an explanation how to do so, please.
or anyone can help?

Thanks in advance
Mac.
  • #7,548
  • Jun 10, 2012 7:24am Jun 10, 2012 7:24am
Hi Emmanuel,
Good trading on Eur Friday, I am assuming you took the first trade based on divergence and then the open of the 4 hour candle but what prompted you to enter the additional trade and what methods did you use?
Best,
J


Quoting emmanuel7788
Hi,
Just closed all my open trades ahead of the weekend seeing PA going above the EMA5.
Total 413 pips for this H4 trade.
Average 82 pips per position.

Should expect to see more move upwards now as London will be closing and profit taking will bring price up.
Decided to close shop for this week.

Hope you all have some good trades this week and be ready for another week of fun trading next week.

Have a good weeekend!
  • #7,549
  • Jun 10, 2012 8:32am Jun 10, 2012 8:32am
Hi Emmanuel,

Thank you for organizing S3 Traders gathering and kindly include me.
My email address is [email protected]


Cheers
  • #7,550
  • Jun 10, 2012 9:20am Jun 10, 2012 9:20am
Quoting JamesBranson
Hi Emmanuel,
Good trading on Eur Friday, I am assuming you took the first trade based on divergence and then the open of the 4 hour candle but what prompted you to enter the additional trade and what methods did you use?
Best,
J
Hi J,
Thanks. That trade was a special*one.
A few factors which my group saw. Basically we put weight on some technical setup conditions to determine the probability.
There was H4 divergence, but we did not so much weight on that. Recent S3 4H setups were not so ideal and we saw price retracements after the 4H signals.
There was the previous week high 1.2623 and the RN region 1.2600. We were playing the RN in the recent weeks and look at fib-e of Day HL and Daily Pivots S&R when market is in correction or consolidation.
On the H1, we saw the bullish Wed D close and so we trade intraday on H1 but we were looking if Thu PA would push above the Wed fib-r H-L. We usually look for PA to hit fib-e 127% and 138%, but when PA failed to push above fib-r 127% 1.2623 we look for Sell. There was also the daily pivots R1 1.2626. There is previous week high 1.2623.
The first entry was near the close of the GMT1200 H4 candle. ..a very strong bearish H4 candle near the London close and look for price pullback for build up positions.
We use average price method, dividing our initial R into smaller positions and add positions on price pullbacks. But since it was Friday, and there were some rumours coming out of eurozone we decided not to add positions forward but concentrate to manage till NYO and will close trades before NY close.
This average price idea is explained in Agustin Silvani’ book “Beat the Forex Dealer”
You can find some info here: http://www.beattheforexdealer.com/
Regards,
Good Trading next week!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,551
  • Edited Jun 11, 2012 12:26am Jun 10, 2012 8:35pm | Edited Jun 11, 2012 12:26am
Hi,
With the eurozone weekend decision Asian market as usual reacted to the overnight news.
Huge gaps in most USD pairs and the gaps traders will be eyeing these gaps.

But I look at EURAUD. Looks like bounce off support zone.
Study the fib levels of week 22 and week 23. These are good indication where you can find some trades for this week.
If PA bounce off the support, will retrace upwards?
or
If PA reverses break below support, where will it target?

This same fibo method you can use on H1 and below. You draw the fibo for D hi and lo always.

All the rest with TDI and APB/HA still apply for this S3 trading.

Trade Well!
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Week 24 H4 11-6-2012 9-19-39 AM.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,552
  • Jun 11, 2012 1:26am Jun 11, 2012 1:26am
Here is what I see right now.
How many pips do you want from the market for this BO?
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD week 24 H1 11-6-2012 2-19-15 PM.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,553
  • Jun 11, 2012 2:30am Jun 11, 2012 2:30am
Today' trade GBPUSD H1

EP 1.5548
SL 1.5580
TP 1.5470
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,554
  • Jun 11, 2012 8:02am Jun 11, 2012 8:02am
Quoting emmanuel7788
Today' trade GBPUSD H1

EP 1.5548
SL 1.5580
TP 1.5470
Hi Emmanuel

With the idea that the eur gap will be filled I thought you'd be selling eur. Anyway the COT reports (you can get link from my blog) continues to show the big boys adding to US$ longs. Doesn't look like eur/gu downside going away just yet, we'll see.

I'm not convinced of any moves up for them as yet.
  • #7,555
  • Jun 11, 2012 8:36am Jun 11, 2012 8:36am
Quoting emmanuel7788
GATHERING OF S3 TRADERS in SINGAPORE
Hello,
I got X-Man' approval to make this post invitation to all S3 traders in Singapore.
I have been thinking of holding a gathering for S3 traders who are residing in Singapore.
My initial objectives for an initial kick-off meeting -
[color=black][font=Verdana][size=3]1)...

count me in

[email protected]
  • #7,556
  • Jun 11, 2012 2:58pm Jun 11, 2012 2:58pm
Good day on eu today +130, entered at beginning of second down candle after the 5ema. Entered at 1.2620 and exit at 1.2490.
TDI had already crossed on first candle but waited for open of second candle and waited a few pips before opening to make sure it would have continued downward.
Attached Image (click to enlarge)
Click to Enlarge Name: eu h1.gif Size: 24 KB
  • #7,557
  • Jun 11, 2012 7:16pm Jun 11, 2012 7:16pm
Quoting Vantage
Hi Emmanuel

With the idea that the eur gap will be filled I thought you'd be selling eur. Anyway the COT reports (you can get link from my blog) continues to show the big boys adding to US$ longs. Doesn't look like eur/gu downside going away just yet, we'll see.

I'm not convinced of any moves up for them as yet.

Hi Vantage

Yes, the weekend gap did made trading decision easier when Tokyo open yesterday. There was a lot of buzz here in Asian markets, .... it was sell sell sell....
I did take the eu trade during the Tokyo session, a bit too ealry on hindsight.
The gu trade was based on LO and my mistake miscalculated the SL and got to get out -12pips. Re-enter later 1.55595 and managed to get +84pips.
Overall, yesterday was a good day for all TMS, S3 and Synergy system traders. S3 H1 setups at LO were pretty obvious.

Thanks for the COT report at your bolg, ..will try digest more of the stuff on your blog. I did read many of your articles and find them very helpful.

Good work and many thanks.

Best regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,558
  • Jun 11, 2012 7:20pm Jun 11, 2012 7:20pm
Quoting marcoxq
count me in

[email protected]

Hi Marcoxq,

OKay, added you to my email list.

Stay tune!

regards

EMMA
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,559
  • Jun 11, 2012 7:25pm Jun 11, 2012 7:25pm
Quoting cajun
Good day on eu today +130, entered at beginning of second down candle after the 5ema. Entered at 1.2620 and exit at 1.2490.
TDI had already crossed on first candle but waited for open of second candle and waited a few pips before opening to make sure it would have continued downward.

Hi cajun,

that's a great trade and very well managed.
you actually took 67% of the day range yesterday. well done!

thanks for sharing this trade.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,560
  • Jun 11, 2012 7:32pm Jun 11, 2012 7:32pm
Hi, just to follow up from my post#7555-

it looks like support zone at 1.2600 is still holding.
and 1.2700 region is a little tough! There i weekly pivot 1.2697 too.

Question: which way will it go?

yesterday H1 tradersshould have two trade oppotunities sell and buy.
total between 80 and 90 pips quite easily.
Anyone have their trades to share?

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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