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  • #9,161
  • Nov 12, 2012 2:38am Nov 12, 2012 2:38am
Quoting robuk
thanks , I 'm now getting my lines very close to where you draw yours now,(i dont check yours till after i draw mine )
so i seem to be getting the hang of it , and it realy concentrates the mind on what may happen , also i just got my copy of "Trading in the Zone ", so i just keep working away every day till i get somewhere . (hoping its where i wanna be )
good luck
Great!!!
  • #9,162
  • Edited 3:09am Nov 12, 2012 2:42am | Edited 3:09am
+65 pips for the day on EU and EJ. All pairs are in ranging mode now.... Bank holiday in USA today. Dont expect much volatility

Will be away the next couple of days in business trip.

All the best and keep your charts coming. We need more participation in this forum from all the members.
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  • #9,163
  • Nov 12, 2012 2:56am Nov 12, 2012 2:56am
Quoting chamel
Hi guys,

I have 2 technical questions related to XMan's template.

1. When I draw key price levels (brown lines) eg. in H1 chart (scrn309.jpg) and when I switch to H4 chart, those lines disappear (scrn310.jpg). Does anybody could help, what to do in order those lines remain when the tf is changing?

2. What is the name of indi which displays the London and NY session in rectangles (whole session, not just line related to the open of the session)?

Thank you

ch.
Hi chamel

1 - Draw a horizontal line, select the line, Right click, choose Horiontal line properties, Visualization tab, make sure you have checked all timeframes

2 - Its the Breakout_Box_4_London_indicator, posted by Phx62 : http://www.forexfactory.com/showthre...47#post5572947

Hope that this helps
  • #9,164
  • Nov 12, 2012 3:14am Nov 12, 2012 3:14am
Quoting munirpt
great trades! congratulations! you are picking it nicely
hi all can i just ask are you still using rules as per post1? or have things progressed?
i notice a number of boxes on charts etc... if not as per post 1 can you direct me to a strategy update.

i notices synergies to the loveeveryone1 thread which i really like.
just need to extend my/the time away from pc to 4hrs!
thanks
If ask a silly question.. forgive me!i'm just confused again!
  • #9,165
  • Nov 12, 2012 3:27am Nov 12, 2012 3:27am
Quoting afos
hi all can i just ask are you still using rules as per post1? or have things progressed?
i notice a number of boxes on charts etc... if not as per post 1 can you direct me to a strategy update.

i notices synergies to the loveeveryone1 thread which i really like.
just need to extend my/the time away from pc to 4hrs!
thanks
Hi

Im still using the principles from post 1 and generally the principles from Trading Made Simple thread.
You have to adapt it to your trading style using the technical concepts that you like (SR, Fibs, Divergence, HH,LL, Trend definition, PAtterns, etc..)
But i can say that you have everything here to succeed.

Make sure you write your rules and trading plan and backtest it to know the expectancy of the system.
Backtesting will also help fine tune your SL and TP placement as well as build your confidence on the system.
Confidence and Emotional control is a key ingredient for success.

Regarding the thread from LE1, i have studied it, and as far as i can say, most of the time it gives me entries at the same time as X-Man system.
The only difference is (and thats why i have studied it) that it helps you getting re-entries in case you are a scalper or if you missed an 1H entry.

All the best
  • #9,166
  • Nov 12, 2012 4:01am Nov 12, 2012 4:01am
Munirpt.
thank you for note, i'll be reading the thread and be looking for that ballence point.
If ask a silly question.. forgive me!i'm just confused again!
  • #9,167
  • Nov 12, 2012 6:10am Nov 12, 2012 6:10am
Quoting munirpt
Hi chamel

1 - Draw a horizontal line, select the line, Right click, choose Horiontal line properties, Visualization tab, make sure you have checked all timeframes

2 - Its the Breakout_Box_4_London_indicator, posted by Phx62 : http://www.forexfactory.com/showthre...47#post5572947

Hope that this helps
thank u munirpt,

ad 1: I made sure, and it doesn't work. I think, that this "feature" is related to the template, coz on other charts it works fine.

ch
  • #9,168
  • Nov 12, 2012 10:55am Nov 12, 2012 10:55am
usd/chf eur/jpy and eur/usd just touched the daily channel on the 4h TF. TDI is not signaling anything yet.
Tomorrow during the London session I'm expecting some entry points for these pairs. Is anyone watching this?
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  • #9,169
  • Nov 12, 2012 2:48pm Nov 12, 2012 2:48pm
Just closed a second scalp trade.....both based on 38 fib pullbacks.....40 pips on a day where US banks are closed for holiday....not a bad day.
Attached Image (click to enlarge)
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  • #9,170
  • Nov 12, 2012 2:53pm Nov 12, 2012 2:53pm
Quoting Phx62
Just closed a second scalp trade.....both based on 38 fib pullbacks.....40 pips on a day where US banks are closed for holiday....not a bad day.
  • #9,171
  • Nov 13, 2012 1:58am Nov 13, 2012 1:58am
Quoting Phx62
Just closed a second scalp trade.....both based on 38 fib pullbacks.....40 pips on a day where US banks are closed for holiday....not a bad day.
But the 2nd scalp had no TDI support. the green line when u entered the trade was flat
  • #9,172
  • Nov 13, 2012 4:21am Nov 13, 2012 4:21am
Thanks Phx92 for continuous support of this thread!
Remember I'm a newbie!
  • #9,173
  • Nov 13, 2012 5:35am Nov 13, 2012 5:35am
Guys some advice please, if you don't mind.

In your opinion, if the next candle will open on the lower low of the last red candle, will this be a correct entry?
The PA is already on the top of the daily channel, TDI has a corresponding cross.
the daily high of Friday will act as a resistance,which will be also my SL (~50 pips)
Thank you in advance
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  • #9,174
  • Nov 13, 2012 5:47am Nov 13, 2012 5:47am
Quoting gigicualex
But the 2nd scalp had no TDI support. the green line when u entered the trade was flat
You are correct...on the second trade there was no TDI support....but as stated in the initial posting, the trade was taken on a pullback from the 38 fib level.....often when price is stairstepping down (or up), priice will retrace to the 38 fib and reverse....if this occurs during the times I trade, I look for and take those trades based on that action alone....without TDI confirmation. If you will look at your chart.....the TDI did confirm that trade about 2 hours later and over the next 13 hours it moved about 40 pips more.
Many pips to you...
  • #9,175
  • Nov 13, 2012 5:53am Nov 13, 2012 5:53am
Quoting gigicualex
Guys some advice please, if you don't mind.

In your opinion, if the next candle will open on the lower low of the last red candle, will this be a correct entry?
The PA is already on the top of the daily channel, TDI has a corresponding cross.
the daily high of Friday will act as a resistance,which will be also my SL (~50 pips)
Thank you in advance
If the current candle were to close right at that location, I would not take the trade due to the long wicks at both end of the candle.....long wicks at both ends indicate consolidation so direction becomes very uncertain...if the current candle on your chart were to close below the bottom of the red candle....I would then take the trade.
Hope this helps.
  • #9,176
  • Nov 13, 2012 6:16am Nov 13, 2012 6:16am
Quoting Phx62
If the current candle were to close right at that location, I would not take the trade due to the long wicks at both end of the candle.....long wicks at both ends indicate consolidation so direction becomes very uncertain...if the current candle on your chart were to close below the bottom of the red candle....I would then take the trade.
Hope this helps.
Helps. Thanks for your replay
Many pips to you too
  • #9,177
  • Nov 13, 2012 9:10pm Nov 13, 2012 9:10pm
Two London trades and one Asian scalp for 55 pips, all taken on change of candle color and break of previous candle high or low....but not with TDI confirmation.
Attached Image (click to enlarge)
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  • #9,178
  • Nov 13, 2012 9:12pm Nov 13, 2012 9:12pm
Quoting Phx62
Two London trades and one Asian scalp for 55 pips, all taken on change of candle color and break of previous candle high or low....but not with TDI confirmation.
Hi Phx62,

Do you mind sharing your indi and template?
  • #9,179
  • Nov 14, 2012 3:02am Nov 14, 2012 3:02am
Quoting Phx62
Two London trades and one Asian scalp for 55 pips, all taken on change of candle color and break of previous candle high or low....but not with TDI confirmation.
It is like you are the master of this system. I have been reading posts on this system, yet I find it difficult to trade it. Can you help me with the useful hints on how to trade this system profitably?
  • #9,180
  • Nov 14, 2012 5:10am Nov 14, 2012 5:10am
Quoting A-Grace
It is like you are the master of this system. I have been reading posts on this system, yet I find it difficult to trade it. Can you help me with the useful hints on how to trade this system profitably?
Quoting dee50
http://www.forexfactory.com/attachme...%202012%209:18

http://www.forexfactory.com/attachme...202012%2011:19

http://www.forexfactory.com/attachme...202012%2017:07


Download these and read, they should answer your questions. Donīt bother reading the thread posts, they will just confuse you. The Trading Made Simple pdf is where it started, this is the backbone of all these copycat methods. Phx62 has been...
Have a look at the files, very helpful.
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