My standard SL and TP are 25 pips when I trade M15 charts....I adjust from there. My H1 standard SL & TP when I trade H1 charts is 50 pips each but the SL is an EMERGENCY SL. I will normally close earlier if the trade goes against me or tighten up ...

X-Man's Super Simple System

On the M15 charts I enter trades with a 25 pip SL & 25 pip TP.....I stay in until my TP is hit or the SL is hit....if I move my TP out further, I will bring the SL to BE.

X-Man's Super Simple System

EU M15 — Two nice EU M15 trades this morning on crosses of the TDI for a total of 63 pips....Also picked up 75 more on the EJ M15.... The lines on my chart are something I am testing right now and are not a part of this trading system. I won't ...

X-Man's Super Simple System

Sender — Q1. I usually only trade the London session on EU H1. I get my computer just before LO and if a trade presents itself with the proper setup, I take it. In this case I did wait until the entry candle had moved past the high of the ...

X-Man's Super Simple System

HITMAN — Go to the video link posted by X-Man at post #5599 and watch it several times to understand what is being taught.....Rick / Dcginc is a professional trader and knows what he is talking about in the video....confidence comes from ...

X-Man's Super Simple System

EU M15 trades today — Did not trade EU H1 today.....made a couple of EU M15 scalp trades, one for +25 and one for +30 based on price moving away from the double tops (extended white line at top of chart). I moved to the M15 chart because ...

X-Man's Super Simple System

hale-mary — That is true....and if price had continued in the same direction with a higher high on the next candle, I probably would have entered but watched it closely for a reversal. Instead, there was a pullback and a TDI crossover short on ...

X-Man's Super Simple System

Axw — Q1. I was already at work and not able to monitor the trade any longer so I closed it for what I could get. Q2. That depends on several factors.....the time of day, support or resistance in the area, how long the trade has been running, ...

X-Man's Super Simple System

vcary — The Asian session had a move of 9 blue candles prior to the LO....the LO candle was the 10th blue candle in a row.....I have learned that, true to what Big E taught, most moves consist of 3 to 8 APB candles in the same direction before ...

X-Man's Super Simple System

EU today — I did not like the setups on EU during the London session and did not want to get in the middle of the battle between the bulls and the bears....I did make one "bounce trade" during NY, closing for +36 pips after price failed to ...

X-Man's Super Simple System

The 50 pip SL that I use is basically an EMERGENCY SL. I consider all the "obstacles", as well and if I am not going to monitor the trade, I will adjust the SL according to what I see. I try to get into the trades at least 20 or 30 pips before ...

X-Man's Super Simple System

I just use the APB candles....I like the way they smooth out the market....in analysing the market, I look for wicks on the APB candles....how long are they....are they only on one end or are they on both ends of the candle....etc.

X-Man's Super Simple System

ljin — FYI....I have covered all that information several times in previous posts. If you really want to know the answers, please go back and read some of them. Regards

X-Man's Super Simple System

No...I said I studied PA and how this pair moves by backtesting last week. There is no way to determine PA for today by studying last weeks PA. What I was trying to convey is that I had to spend some time studying and learning how this pair acts and ...

X-Man's Super Simple System

Nice job Jason!!!!

X-Man's Super Simple System

There is a lot of information in this thread and the Trading Made Simple thread by eelfranz about how to backtest and what to look for. You will also get a good insight about what to look for in your trading by studying this information. Regards..... ...

X-Man's Super Simple System

jamauqui — I would suggest that everyone select and concentrate on one pair only until you have mastered how it performs and you can be consistantly profitable with that one pair (you should be able to average at least 200 pips a week). X-Man ...

X-Man's Super Simple System

robthorp — So far, only GU and EJ have been added to my trading plan. Eventually, I will learn PA and the idiosyncrasies for GJ and AU, but that takes lots of time and study. EU is still my base pair to trade because that is where I have put ...

X-Man's Super Simple System

migmac — I enter most of my EU H1 trades with a 50 pip SL and a 50 pip TP....if price is moving well, I wll adjust my TP to 100....otherwise, I take the 50 pip TP or get taken out where ever my SL is at the time.....after 30 pips, I trail SL 5 ...

X-Man's Super Simple System

jamauqui — Entered the trade with a 50 pip SL & 100 pip TP based on backtesting and studying PA on this pair for the past week........went back to bed....got up to see price still moving steadily down so I move TP to 150 and trailed SL 5 pips ...

X-Man's Super Simple System