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

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X-Man's Super Simple System

Buy the rumour sell the news. Looks like someone leaked a story after all.

Well that chicken sandwich was really nice, but not 40 pips worth.

Who still wants to go short??
Cut your Losers short and let your Winners run.
Took 30 on this CT trade
Quoting Con
Took 30 on this CT trade
Nice one.
Cut your Losers short and let your Winners run.
nice entry ,closed 80% @ 10pip and another 10% @ 64 pip and holding onto the remaining.....
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 15 KB
NEVER go against the Daily trend
I,ve closed for another 30 pips, I,m done for the day. The americans havenīt moved price one way or the other, so I,m done.
Cut your Losers short and let your Winners run.
Quoting dee50
40 pip CT. Tooke this on the 15 min, more info.There were so many things saying YES. Now I will wait and see if it comes back down. Pin bar formed on the 4 hr, so we will have to wait and see.

Explanations on the chart
good trade - thanks for posting your chart .
could you please explain "confluence of 38 and 50 fibo " , as i'm not too sure the correct way to put these on my chart - ( from and to, which points ).or alternatively could you tell me a good site so that i can study and learn about them .
thanks
Rob
Quoting dee50
40 pip CT. Tooke this on the 15 min, more info.There were so many things saying YES. Now I will wait and see if it comes back down. Pin bar formed on the 4 hr, so we will have to wait and see.

Explanations on the chart
Nice trade dee, you were (much) better than us today we didn't get entry but thats no problem. We didn't get the nice HL on lower TF after 1hr engulfing closed. EUR reacted again to the general support area from last 10 days or so.

It will be interesting to see if the buy the rumour sell the fact plays out.
Quoting Vantage
Nice trade dee, you were (much) better than us today we didn't get entry but thats no problem. We didn't get the nice HL on lower TF after 1hr engulfing closed. EUR reacted again to the general support area from last 10 days or so.

....
From my own observation EU do respect the SnR of the FiboPivot.
Attached Image (click to enlarge)
Click to Enlarge Name: Pivot 2012-09-05 EURUSD-H1 ed.jpg Size: 194 KB
Quoting Phx62
A very easy trade....read the signals, enter, let it hit TP.....a double top creating the high of the day....two pullback candles....the second just before LO...cross of the TDI from the 68 line....doesn't get much easier than this!! Watched it pull thru daily support (blue line) and H4 support (green line), hit the TP just before the H1 support line.
Hi Phx62,

Great post, you are the master of this system. I took the same trade and closed for 30 pips.

Also could you please let me know where i can get the daily/h4/h1 support lines indicator.

Thank you in advance.
Quoting Star178
From my own observation EU do respect the SnR of the FiboPivot.
Hello Star178,

would you mind share your fibopivot indicator or the name of the indicator? i have my own pivot but have different value compared to yours.

thank you...
if you want to learn Fibonacci ... google Larry Pasavento

also watch his videos 1/9 ...9/9

Inserted Video


.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting eth3onstock
Hello Star178,

would you mind share your fibopivot indicator or the name of the indicator? i have my own pivot but have different value compared to yours.

thank you...
Here is the Pivot.

Some author may use a different fibo level so your's look different.
Attached File
File Type: mq4 # vS_PivotsD v6.mq4   40 KB | 390 downloads
Hi

H4 will close in about 20mins,
will you short at the next H1 candle open?

Trade Well!
Attached Image (click to enlarge)
Click to Enlarge Name: EU 6 Sep H4 6-9-2012 3-37-17 PM.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
For those of you who were still looking to go short yesterday, (wednesday) a simple confirmation of Trend change is shown on the attached. Breakout from a Trend line then a pullback to test the trend line. Marked in the circle, you can see it on the hourly and clearer on the 15 min. Trading is not rocket science, Trading is simple it is people who make it complicated.

Stop analysing the market, you can not predict where it is going, let the market "show" you where it is going.

PS
Forgot to point out HH HL on the 15 min chart that also confirms a change in direction.
Attached Image (click to enlarge)
Click to Enlarge Name: PullBack Trend change.png Size: 94 KB
Cut your Losers short and let your Winners run.
Quoting emmanuel7788
Hi

H4 will close in about 20mins,
will you short at the next H1 candle open?

Trade Well!

This is the problem, all things being equal we would all do the same thing, but in trading they are not equal and we do not all see the same thing.

This is how my 4 candle looks
Attached Image (click to enlarge)
Click to Enlarge Name: This is the problem.png Size: 72 KB
Cut your Losers short and let your Winners run.
Quoting Star178
Here is the Pivot.

Some author may use a different fibo level so your's look different.
Thnx Star... Thnx also Emmanuel for the reference...
Quoting eth3onstock
Hello Star178,

would you mind share your fibopivot indicator or the name of the indicator? i have my own pivot but have different value compared to yours.

thank you...
The indicator posted earlier was the original, here I enclosed the one used on my chart.

There are two features added:
1) the original daily candle has been replaced by MTF candle.
2) usually there are pop up alerts from your MT4, and we are so used to remove them. Now with this indicator installed, you can re-call the pop up alert by press Ctrl plus "Zero" at the same time and reread the message..
Attached File
File Type: ex4 # vS_PivotsD_MTFcandle.ex4   47 KB | 363 downloads
I pulled up my Metatrader platform and looked to see what the 4hr look like on that. Judge for yourselves
Attached Image (click to enlarge)
Click to Enlarge Name: Interesting.png Size: 40 KB
Cut your Losers short and let your Winners run.
http://www.forex4noobs.com/forex-blo...erent-to-mine/


read all about it.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
http://www.forex4noobs.com/forex-blo...erent-to-mine/


read all about it.
Yep! Exactly. That is my point. Thank you for reinforcing it.
Cut your Losers short and let your Winners run.
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