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Phx62 replied Jan 15, 2013I am in my mid 60's, as well, so I understand your comments about age....I studying EJ, I am finding that when the ADR is high, pips can be make during the Asian and the London sessions.....still much backtesting to do. See the charts I posted ...
X-Man's Super Simple System
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Phx62 replied Jan 15, 2013TRADING MADE SIMPLE & S3 TRADES SHOWING THE SIMPLICITY AND ACCURACY OF THE SYSTEM WHEN THERE IS MARKET VOLUME. During the past 24 hours I did some DEMO trades during the Asian and London sessions (had the day off from work). I traded just using the ...
X-Man's Super Simple System
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Phx62 replied Jan 14, 2013Two EJ H1 trades today.....the first at market open....entered because of the strong uptrend from last week and a strong blue candle to open the week. The second trade was a typical LO trade although I entered a little late (3rd candle instead of ...
X-Man's Super Simple System
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Phx62 replied Jan 11, 2013The question was....have you read any of the thread or my recent posts.....obviously, you have not. To be successful at forex, you must study and read and learn or you will lose your money quickly. Look at post 7144 on this thread....you can ...
X-Man's Super Simple System
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Phx62 replied Jan 11, 2013No disrespect but have you read any of the thread or any of my recent posts? They are posted in the thread for download.
X-Man's Super Simple System
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Phx62 replied Jan 11, 2013What a week for trading.....just did one trade today during NY session.....TDI signal......
X-Man's Super Simple System
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Phx62 replied Jan 10, 2013WOW....WHAT A DAY.......Dee.....Could you get a bigger bucket for that loader? I just closed another trade for +117 and had another one hit for +50.....1st trade taken on a break of consolidation (white line)......the 2nd trade I took on a break of ...
X-Man's Super Simple System
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Phx62 replied Jan 10, 2013It was a classic Trading Made Simple setup as taught by Big E. Actually, the trade was entered after the Frankfurt session opened and after price broke the high of the setup candle (1st blue candle).....red news releases were not scheduled for ...
X-Man's Super Simple System
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Phx62 replied Jan 10, 2013I may need to borrow X-Man's wheelbarrow to get all these pips to the bank.......LOL Just exited a EJ trade that I entered on a TDI break early in the Asian session.....I have some business meetings this morning or I would consider staying in a ...
X-Man's Super Simple System
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Phx62 replied Jan 9, 2013In my opinion your thought process is very good.....the Example you described is exactly how London trades should be analysed and your "crucial aspect to succeed" is absolutely correct......in my opinion, you cannot go wrong using the tools and ...
X-Man's Super Simple System
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Phx62 replied Jan 9, 2013Note to Trading Plan....DON'T BE OVERLY CONCERNED ABOUT THE 200EMA's.....USE THEM AS A GUIDE NOT AN ABSOLUTE PRICE STOP...... On the EU today I took the "fake out" London Open candle long because it bounced off the H4 200EMA....set my EA.....went ...
X-Man's Super Simple System
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Phx62 replied Jan 9, 2013Yes....I still mainly trade the EU H1....it makes a steady amount of money for me.....I do trade some EJ during the Asian and London sessions. I only use the two features on the Cave Manager that you mentioned plus I have it set my TP and SL every ...
X-Man's Super Simple System
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Phx62 replied Jan 8, 2013The entry was short at London Open based on my analysis that price was testing the 200EMA and the Daily resistance line and not breaking it. I analysed that price should go down.....which it eventually did.
X-Man's Super Simple System
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Phx62 replied Jan 8, 2013The yellow lines are not an indicator.....at the beginning of each week I go to the daily chart and highlight the "sore thumb" candles (those that are obvious reversal location).....I also place lines where price may have found resistance, then ...
X-Man's Super Simple System
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Phx62 replied Jan 8, 2013I'm not sure I understand your question....I DID enter on the candle you have highlighted with the red line....on the H1 chart.
X-Man's Super Simple System
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Phx62 replied Jan 8, 2013There is always a chance that price will break through and continue....there is also a chance price will break through and then reverse or consolidate and a chance that price will bounce and reverse. It is nearly impossible for someone to predict ...
X-Man's Super Simple System
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Phx62 replied Jan 8, 2013I am a technical trader....I am aware of pending news releases but I do not use them to determine trades...I just trade what I see on the charts. As most traders, I have tried to trade fundamentals but without success. If a news release moves the ...
X-Man's Super Simple System
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Phx62 replied Jan 8, 2013Nice little 40 pip trade today.....entered at London Open based on 10 hours of bounces off the H1 200EMA and Daily resistance.....price continued to test the 200 for another 4 hours and then moved down and hit TP. Notice how price tested the H4 ...
X-Man's Super Simple System