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- nGoldenm replied Apr 18, 2012
I think that you have a decent handle on the system (the rules, requirements, etc). What you need to work on is knowledge of PA. I'm still working on this myself, as this is very new to me. Just because the system rules are met and the indicators ...
X-Man's Super Simple System
- nGoldenm replied Apr 18, 2012
Price just recently bounced from the channel. It's a crapshoot as to whether it will break through or bounce back down to the channel for a second re-test. Be cautious in these scenarios, and look for multiple PA confirmations. FWIW, I'm eyeing this ...
X-Man's Super Simple System
- nGoldenm replied Apr 16, 2012
EU - I stayed out on this one as well, but as I trade the H4 timeframe, I had a slightly different viewpoint. The first blue candle close showed the following: sitting right at the DPV, the RN, a significant area of previous congestion on H4 and ...
X-Man's Super Simple System
- nGoldenm replied Apr 14, 2012
It was just experiments that I was doing, which this time happened to pay off. Most of the time they don't (which is why I would not trade them live as of yet). Essentially, it has to do with S/R areas, and areas that are bounded in a range. It is ...
X-Man's Super Simple System
- nGoldenm replied Apr 13, 2012
12 total using this method. 8 winners, 1 BE, and 3 losers. All were documented here on this thread in my posts. I have a larger bucket of pips that I got after I became pretty proficient with the system but before I started posting here, as well as ...
X-Man's Super Simple System
- nGoldenm replied Apr 13, 2012
Out for the weekend. Choppy market conditions this week has made for tough trading. I grabbed a total of another +103 pips using a different method to add to my 42 from earlier this week. Total of +42 pips from the H4 method for the week. 3 week ...
X-Man's Super Simple System
- nGoldenm replied Apr 13, 2012
My opinion (worth price charged) - This appears to be an ok, but not great, trade opportunity. I looked at the same trade. But there were enough opposing factors to keep me out. Such as: - TDI was pretty flat at the cross - No confirmed break of the ...
X-Man's Super Simple System
- nGoldenm replied Apr 12, 2012
Lesson learned here. Looking back, I exited these trades based largely on emotion and less so on actual evidence. I was afraid (read: fear) of letting these draw down out of profit. So, I'm going to refine my exits from here on. I picked the correct ...
X-Man's Super Simple System
- nGoldenm replied Apr 12, 2012
See this link to a post made by Britpip7 where he answered this question.
X-Man's Super Simple System
- nGoldenm replied Apr 11, 2012
And a positive news report for the AUD shoots AU up another 40 pips minutes after I closed my trade. Oh well, can't win them all.
X-Man's Super Simple System
- nGoldenm replied Apr 11, 2012
4.11.2012 trades — Choppy market conditions, but a few pairs met my criteria earlier. AUDUSD - LONG image Entered on close of first blue candle, channel touch, TDI cross of TSL and MBL. Closed on second failed test of the 60EMA. I didn't ...
X-Man's Super Simple System
- nGoldenm replied Apr 10, 2012
No, I did not see that particular level. I would have put it almost right on the 3100 level looking at my charts, which coincides with the DPV as well. Also failed to notice the significant bullish divergence... Also, a significant bounce currently ...
X-Man's Super Simple System
- nGoldenm replied Apr 9, 2012
I've been out of the market for the past few days because of the low liquidity due to the holiday. I'm eyeing most of the majors for a short in the near future. Lot of pips on the table here. EU - Latest overall trend is down. Price has been ...
X-Man's Super Simple System
- nGoldenm replied Apr 5, 2012
I hope that some of you caught the down move in EU and GU today. Total of about 200 pips between the 2 of them. I only trade on the candle close on H4, and there weren't enough confirmations for me at LO, so I entered at the next H4 candle. The ...
X-Man's Super Simple System
- nGoldenm replied Apr 5, 2012
I'm new as well, but here's how I interpret these. First: Yes, they are mutually exclusive. These are guidelines to use the system in different scenarios. ALL of the rules do not have to be met at the same time. The more of them that are met at the ...
X-Man's Super Simple System
- nGoldenm replied Apr 4, 2012
Ditto that.
X-Man's Super Simple SystemEU - I see a retracement up to and beginning to reverse between the 1.3200 BRN and the 38.2 Fib level. A continuation of downward pressure after that. There's also H4 support (now resistance) that was tested and failed at ...
- nGoldenm replied Apr 4, 2012
Vantage — Thanks for the compliments. It feels good to know that I'm doing something right. I spotted the negative divergence on GU (mentioned it in a previous post or two). It was plain as day. I've been looking pretty hard to find it on AU, ...
X-Man's Super Simple System
- nGoldenm replied Apr 4, 2012
4.3.2012 Trades — AUDUSD Short image Entered short after bounce from 60EMA and TDI cross. I was expecting the drop after the large gap that it opened with on Sunday. After the first test of the 60EMA failed, I was comfortable taking the ...
X-Man's Super Simple System
- nGoldenm replied Apr 2, 2012
Keep in mind that I'm new to this method as well, but I've had some pretty good success with it so far. Here is the quickest example of what I would consider a GREAT setup. It is on NZDUSD pair. To make it even better, the channel should be sloping ...
X-Man's Super Simple System
- nGoldenm replied Mar 30, 2012
I'm out for the weekend. None of the above look worthy of a trade this close to the weekend break. The bulls are still trying to flex their muscles a little on GU. They can only hold out for so long. Divergence is also seen on the daily TF, and both ...
X-Man's Super Simple System