X-Man's Super Simple System | Page 483 | 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

  • #9,641
  • Jan 5, 2013 9:14am Jan 5, 2013 9:14am
Last couple of trades this week.....downtrend may be over.....lets see what next week brings.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013.1.4 eu h1.gif Size: 35 KB
  • #9,642
  • Jan 5, 2013 9:59am Jan 5, 2013 9:59am
Hi,

I know some of you are also Genesis traders, and must have already tried merging this system with Genesis. Do anyone can see a performance boost due to this merge? It looks Genesis signal is slightly lagging.

Thanks
Justin
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #9,643
  • Jan 5, 2013 10:56am Jan 5, 2013 10:56am
Quoting Phx62
Last couple of trades this week.....downtrend may be over.....lets see what next week brings.

Agreed. Did you see it on the 4H chart, bouncing off the bottom of the SHI channel?
  • #9,644
  • Jan 5, 2013 11:22pm Jan 5, 2013 11:22pm
Hello Phx62,

What are the green to the right of your chart that I've pointed out?

Is it an indicator marking the whole prices?

Thanks.


Quoting Phx62
Last couple of trades this week.....downtrend may be over.....lets see what next week brings.
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 35 KB
  • #9,645
  • Jan 6, 2013 9:00am Jan 6, 2013 9:00am
Quoting fxtrade13
Hello Phx62,

What are the green to the right of your chart that I've pointed out?

Is it an indicator marking the whole prices?

Thanks.
It is a Round Number indicator named SDX-SweetSpots v5.2 that I picked up from Big E and Craig Harris. You can download it at post #6213 of this thread or go to the paperclip at the top of the page and find it there.
  • #9,646
  • Jan 6, 2013 9:22am Jan 6, 2013 9:22am
Quoting TheScorpS
Happy New Year Everybody

Special thanks to Xman for showing me the way in Forex even though I did not talk to him in this forum

Thanks to every other member that helps us find our way in the Forex

Today I entered a trade but my stop loss was hit, please take a look at the chart and tell me the mistakes I made

I went long and after my stop was hit , the price went in the direction I was planning for

My Stop Loss was 15 Pips

Your stop loss is not enough. You should give enough breathing space.
  • #9,647
  • Jan 6, 2013 9:37am Jan 6, 2013 9:37am
3 ways of looking at Fridays price action, 1 hr, 15 min and just to annoy people a 5min. The hollow green and red arrows on the 5 min are the TDI crosses.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4 01 1hr.png Size: 32 KB
Click to Enlarge Name: 4 01 15m.png Size: 32 KB
Click to Enlarge Name: 4 01 2012 5m.png Size: 43 KB
Cut your Losers short and let your Winners run.
  • #9,648
  • Jan 7, 2013 1:28am Jan 7, 2013 1:28am
Morning everybody,

My first post on this thread. I am looking at G/U and it looks like there is a nice long term swing trade developing with the currency on the bottom of the 4hr and daily channels. What do you guys think.

P.S. Thanks X-Man for this simple trading method been back testing like crazy through December.
  • #9,649
  • Jan 7, 2013 1:43am Jan 7, 2013 1:43am
Quoting X-Man
[size=4][color=Blue]Guys watch out for today its NFP friday so anything can happen
During these days price dont respect anything.
I never traded NFP its just a gamble and just cause pain for nothing.

Other than that i see price did come right down to the 800ema.
The bulls might want to come to the party to test the bears resistance.
Price might retrace to the 50ema or the 800ema.
If these resistance areas hold then the bears will continue to be in power.

If you look at the TDI the MBL is right down at the 32 level.
The MBL loves the 50 level....
Updating fridays trade that i called.
As you can see guys that trade played out spot on.
That was a 50 to 70 pip run.
Price went to the 50ema and bounced off which would give you a nice TP if taken.
the emas play out as a dynamic S&R area.
We dont need indie upon indie to get in a trade.
We just need to follow price and for TDI to confirm thats all
Lets wait and see what price does this week .
Green pips to all
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 109 KB
X-man the legendary conqueror of markets
  • #9,650
  • Jan 7, 2013 1:57am Jan 7, 2013 1:57am
Hello all, Happy New Year. Please I need assistance with this indicator. Can someone help me to add alert to it.

For Buy, when this condition is true

if (sign[pos] == 2 && show_lines)

and for Sell, when

if (sign[pos] == -2 && show_lines)

Please I know this thread may not be for this I'm so sorry if I break any rule, just need assistance with it.

Thanks
Attached File(s)
File Type: mq4 BBCI.mq4   11 KB | 458 downloads
  • #9,651
  • Jan 7, 2013 3:06am Jan 7, 2013 3:06am
Guys

theres a thread i started in the members lounge.
be sure to visit and vent out your thoughts about anything there

http://www.forexfactory.com/showthre...76#post6342876

Anything goes
X-man the legendary conqueror of markets
  • #9,652
  • Jan 7, 2013 5:11am Jan 7, 2013 5:11am
Hi xman on the right side on your screen u have a indicator with 200 ma usw the 4-5 line you xan shahre this indicator pls?
  • #9,653
  • Jan 7, 2013 7:06am Jan 7, 2013 7:06am
Quoting Tradermurat
Hi xman on the right side on your screen u have a indicator with 200 ma usw the 4-5 line you xan shahre this indicator pls?
Is this what your looking for

If this is it, X already posted
Attached File(s)
File Type: ex4 SimpleEMAv1.ex4   12 KB | 482 downloads
I Have Learned to Take Some Losses to Make Profits
  • #9,654
  • Jan 7, 2013 7:41am Jan 7, 2013 7:41am
Quoting X-Man
Updating fridays trade that i called.
As you can see guys that trade played out spot on.
That was a 50 to 70 pip run.
Price went to the 50ema and bounced off which would give you a nice TP if taken.
the emas play out as a dynamic S&R area.
We dont need indie upon indie to get in a trade.
We just need to follow price and for TDI to confirm thats all
Lets wait and see what price does this week .
Green pips to all
Amazing. This is the system I am using right now, and I have it on demo most times, until I get use to it entirely. Is quite profitable. Thank you once again X-Man.
  • #9,655
  • Jan 7, 2013 7:57am Jan 7, 2013 7:57am
Quoting tundex
Hello all, Happy New Year. Please I need assistance with this indicator. Can someone help me to add alert to it.

For Buy, when this condition is true

if (sign[pos] == 2 && show_lines)

and for Sell, when

if (sign[pos] == -2 && show_lines)

Please I know this thread may not be for this I'm so sorry if I break any rule, just need assistance with it.

Thanks
Just add that to the indicator before the "return".


Something like

Quote
if (sign[pos] == 2 && show_lines){Alert("TIME TO BUY");
}
if (sign[pos] == -2 && show_lines){Alert("TIME TO SELL");
}
  • #9,656
  • Jan 7, 2013 8:12am Jan 7, 2013 8:12am
Quoting TheScorpS
Is this what your looking for

If this is it, X already posted
Interesting. hmmm, I wonder if this could work as dinamic support/resistance
  • #9,657
  • Jan 7, 2013 10:18am Jan 7, 2013 10:18am
+15 +15 +70 = 100. Done for the day.

2 range trades for +30 pips and 1 TDI trade (sort of) for + 70pips, another typical 123 setup

It is amazing what you can do if you do not close your mind to the possibilities
Attached Image (click to enlarge)
Click to Enlarge Name: 7 01 2012 +15 + 15 +70.png Size: 53 KB
Cut your Losers short and let your Winners run.
  • #9,658
  • Jan 7, 2013 10:21am Jan 7, 2013 10:21am
Quoting IvanNC
Interesting. hmmm, I wonder if this could work as dinamic support/resistance
There is a thread "another simple system" that explains the workings of the "Magic 10"

http://www.forexfactory.com/showthread.php?t=345586

Good luck.
Cut your Losers short and let your Winners run.
  • #9,659
  • Jan 7, 2013 10:31am Jan 7, 2013 10:31am
Today I've entered perfectly on EU and EJ based on a HL and the 78.6 ret.
I've even drawn some harmonics which created a nice final TP with the ADR high ans 127 ext.

But when price started retracing I've panicked and closed both for a loss of about 15 pips on both, insted of a 60 pips gain on both.
Its my first week of live trading and thats the result of pressure.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 94 KB
Thoughts are things
  • #9,660
  • Jan 7, 2013 10:32am Jan 7, 2013 10:32am
Quoting dee50
It is amazing what you can do if you do not close your mind to the possibilities
Great thought, Dee. Question: How much for the cat??
6 traders viewing now