X-Man's Super Simple System | Page 411 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Super Simple System for Scalping 180 replies

Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 182 replies

Super Simple System 314 replies

Another great Breakout GBP/JPY System (Dachel's Simple system) 62 replies

X-Man's super simple system 4 hour method 1 reply

Attachments: X-Man's Super Simple System
Exit Attachments

X-Man's Super Simple System

  • #8,201
  • Aug 23, 2012 4:12am Aug 23, 2012 4:12am
Quoting X-Man
I dont think an EA will ever work for this system.
Infact it will never.
Coz here we make decisions manually. This system is not mechanical system

Fully agree with this. Many EAs fail over long term.

The decision for a trade entry must be made by the trader and some discretionary decisions is based on experience.
It is better to think more of money management and how to manage the trade exits and have these build into a trade manager EA instead. This will help eliminate some of the psychological aspects when we manage trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,202
  • Aug 23, 2012 4:33am Aug 23, 2012 4:33am
Quoting emmanuel7788
Fully agree with this. Many EAs fail over long term.

The decision for a trade entry must be made by the trader and some discretionary decisions is based on experience.
It is better to think more of money management and how to manage the trade exits and have these build into a trade manager EA instead. This will help eliminate some of the psychological aspects when we manage trades.

Couldn,t agree more. Want to have some fun, have alook at this.

There is a trade manager EA on this forum, I,ll have a look for it, I think it is called "cavemanger" but I will check phx62 uses it
Attached File(s)
File Type: zip Robots and user guides.zip   325 KB | 549 downloads
Cut your Losers short and let your Winners run.
  • #8,203
  • Aug 23, 2012 4:45am Aug 23, 2012 4:45am
Careful with divergence. Take note when divergence occurrs at previous S/R levels. When divergence occurs over many hours on the lower TF charts it does not necessarily mean it will happen. Look for confirmation on TF either side.
Attached Image (click to enlarge)
Click to Enlarge Name: Divergence.png Size: 38 KB
Cut your Losers short and let your Winners run.
  • #8,204
  • Aug 23, 2012 4:52am Aug 23, 2012 4:52am
While we wait for action i want to ask you guys what is up with the EURCHF?
why is it flat like that?
Any Idea?
What if all pairs go like that.
Attached Image (click to enlarge)
Click to Enlarge Name: ec.jpg Size: 111 KB
X-man the legendary conqueror of markets
  • #8,205
  • Aug 23, 2012 4:54am Aug 23, 2012 4:54am
Quoting X-Man
While we wait for action i want to ask you guys what is up with the EURCHF?
why is it flat like that?
Any Idea?
What if all pairs go like that.
we go all to the beach to fish

the swiss bank in this year stop all trade below 1.20

http://www.dailyfx.com/forex/fundame...onal_bank.html
  • #8,206
  • Aug 23, 2012 4:57am Aug 23, 2012 4:57am
Quoting X-Man
While we wait for action i want to ask you guys what is up with the EURCHF?
why is it flat like that?
Any Idea?
What if all pairs go like that.
My strength meter is showing both pairs about even, i never did like to trade this pair and haven't seen to many on forums trade it.
  • #8,207
  • Aug 23, 2012 4:58am Aug 23, 2012 4:58am
Quoting pinux76
we go all to the beach to fish
Fish & Pips ;-)
  • #8,208
  • Aug 23, 2012 5:01am Aug 23, 2012 5:01am
Quoting smarco
Fish & Pips ;-)
beautiful program!!!

I want to live near the beach with netbook and trade in relax
  • #8,209
  • Aug 23, 2012 5:30am Aug 23, 2012 5:30am
Daily shows nothing in the way until 1.2600, weekly R5, monthly R1. 1.2645 major S/R level. BUT Divergence. TDI rising but not overbought.

4HR shows top of rising channel 1.2590. No divergence. Overbought. so what we have been overbought for 2 days.

1 HR. TDI riding the 68. The 68, Priceline and signal line are in love. PA is ranging, again just like yesterday 30 - 40 pip range. Need a catalyst.

MA´s on all TF´s are well separated and heading in the same direction, except for the potential cross on the 4 HR of the 89 above the 200.

So what do YOU think are we in the money?

I am of to my local bar for a coffee and a sandwich, back at 14.30 for the news.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: daily.png Size: 70 KB
Click to Enlarge Name: 4 Hr.png Size: 59 KB
Click to Enlarge Name: 60 - 15.png Size: 70 KB
Cut your Losers short and let your Winners run.
  • #8,210
  • Aug 23, 2012 5:43am Aug 23, 2012 5:43am
Found it. It is called cavemanger.
Attached File(s)
File Type: ex4 THV4 CaveManager v1.3.ex4   34 KB | 388 downloads
Cut your Losers short and let your Winners run.
  • #8,211
  • Aug 23, 2012 6:08am Aug 23, 2012 6:08am
When a trendline breaks momentum starts
X-man the legendary conqueror of markets
  • #8,212
  • Aug 23, 2012 6:17am Aug 23, 2012 6:17am
Quoting dee50
Found it. It is called cavemanger.
There is 1.41....
  • #8,213
  • Aug 23, 2012 6:18am Aug 23, 2012 6:18am
Quoting Phx62
X-MAN....GOOD TO SEE YOU BACK ON THE THREAD AGAIN....."3S" SYSTEM COMBINED WITH "TRADING MADE SIMPLE" SYSTEM IS THE BEST WAY I HAVE FOUND TO TRADE THE MARKETS.....H4 IS A LITTLE SLOW FOR ME BUT THE H1 & M15 PAY THE BILLS.

smarco,
Attached is my H1 chart for the week, so far....I posted the M15 trade earlier. I made notes on the chart....hope it helps....
Phx62
Phx62, thank you thank you!

I've found the background for my desktop.. your chart! :-)
You are an artist! Congratulations!

Can I ask you if you use ATR (how?) and the precise moment for enter? (closing bar, opening bar or with lower TF during bar...)

Thanks for your precious time dedicated to us
  • #8,214
  • Aug 23, 2012 6:42am Aug 23, 2012 6:42am
Pocket the first 20pips at LO.

Two more trade to go.

It's a tag-of-war, difficult to judge which direction price might move!
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-08-23 EURUSD 1TP.jpg Size: 122 KB
  • #8,215
  • Aug 23, 2012 7:00am Aug 23, 2012 7:00am
Guys if we learn price action then we will know whats happening in the market at all times. well most of the time.

I posted a chart to show you what the market is actually doing.
The up arrow tells us the market is in an uptrend. Everybody can see that clearly.
There has been a few wicks that tried to break out the trend line but closed above i circled these.

we formed a lower higher telling us possible change in direction followed by a break out and a close below the trend line. At this point we can choose to enter. or we can choose to wait for a breakout pullback conituation pattern. BPC (i marked the break out with 1 , the pullback is candle 2 and we wait for continuation)
the BPC is a universal pattern that happens almost all the time when price breaks out. If you wait for this you will be saved from fakeouts and at times you will miss a trade if price conitues straight without pulling back.

A trader can trade any trendline, range break etc break using the BPC pattern and make nice pips.

Attached Image (click to enlarge)
Click to Enlarge Name: 15min.jpg Size: 126 KB
X-man the legendary conqueror of markets
  • #8,216
  • Aug 23, 2012 8:09am Aug 23, 2012 8:09am
Quoting smarco
There is 1.41....
If you allready knew why did you not say something earlier??? I need not have bothered.
Cut your Losers short and let your Winners run.
  • #8,217
  • Edited 4:19pm Aug 23, 2012 8:13am | Edited 4:19pm
Quoting dee50
If you allready knew why did you not say something earlier??? I need not have bothered.
I'm not using EA... but see PHX chart! (THV 1.41v)

You can download it from FF THV...

Download here
  • #8,218
  • Aug 23, 2012 9:21am Aug 23, 2012 9:21am
seems testing the previous day high, should place a sell stop order below the support level?
Attached Image (click to enlarge)
Click to Enlarge Name: eu_2012.08.23.gif Size: 21 KB
  • #8,219
  • Aug 23, 2012 12:53pm Aug 23, 2012 12:53pm
ATTENTION S3 TEAM

I would like a favour from you guys. I know theres guys aroung here thats good at tweaking and has an eye for settings etc.
I am weak at all that thats why i need you guys help.

If we sort this out then i think we will have a something nice to earn us few more pips.

Im attaching charts to show you guys what i want and i need you guys to figure it out .

The chart i attached it AU 15 min TF on the 11 MAy 2012.
this is however not the default setting.
If you go to that date and compare the TDI you will notice that the default settings are different.
Please help me in figuring this setting out

X
Attached Image (click to enlarge)
Click to Enlarge Name: au2.gif Size: 57 KB
X-man the legendary conqueror of markets
  • #8,220
  • Aug 23, 2012 12:58pm Aug 23, 2012 12:58pm
Heres another chart on the 9 may 2012 AU the 15min TF
Attached Image (click to enlarge)
Click to Enlarge Name: au1.gif Size: 112 KB
X-man the legendary conqueror of markets
3 traders viewing now