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X-Man replied Feb 1, 2012Yeah i agree on those . Just remember that when a candle has a long wick on both sides and open and close at the same place then thats an indecisive candle.
X-Man's Super Simple System
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X-Man replied Feb 1, 2012I talk about the entire synery bar. So the wick must be longer than that body.
X-Man's Super Simple System
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X-Man replied Feb 1, 2012
That was a close one , i just managed to dodge a bullet LOL. I'm out for today. see you guys tomorrow.X-Man's Super Simple System
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X-Man replied Feb 1, 2012Green arrow 1, 2 and 4 are not pullback candles. Green Arrow 3 is a pullback candle. We have to first need to identify pullback candles look at the pictures i posted. the wicks are nice and long then the trade went in the other direction
X-Man's Super Simple System
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X-Man replied Feb 1, 2012I did go short on the open of current candle. I exited at BE looking for a better entry point and more confirmation for a short as the candles seem to be bullish
X-Man's Super Simple System
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X-Man replied Feb 1, 2012I dont understand what you trying to say, are you saying that why didnt i draw the fibb from the morning for the retracement? I always draw the fibb its just that most of the time i dont show it on my charts and i dont keep it on my chart for too ...
X-Man's Super Simple System
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X-Man replied Feb 1, 2012When you load the channel then you go to the settings. you click on the visualization tab and check the daily box Thats it
X-Man's Super Simple System
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X-Man replied Feb 1, 2012Yes you are right. Well if body 10 and wick 11 i would also confirm that with other factors like in which direction am i trading in. Its good to have a look at the bigger picture. Zoom out every now and then to view whats happening overall in the ...
X-Man's Super Simple System
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X-Man replied Feb 1, 2012Yes i understand what you looking at but the ideal pullback are those candles with extra long wicks and small bodies. Even if that did pullback then see that next candle should show a stronger move down but as you can see the pullbacks are very ...
X-Man's Super Simple System
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X-Man replied Feb 1, 2012Hey Buddy. There was slight pullbacks but as you can see the synergy bar bodies are larger than the wicks. You have to wait for those long wicks (wick longer than body to trade it) If the bodies are still bigger than wicks then wait more to see what ...
X-Man's Super Simple System
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X-Man replied Feb 1, 2012Aaah I see what you mean. I dont really look at the monthly charts but that could be a vital area as you pointed out. The reason why I dont look at the monthly or the weekly is because during that time PA will go up and down 100 times before it ...
X-Man's Super Simple System
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X-Man replied Feb 1, 2012I agree since this is happening right at the 61.8% level showing that level did not break it could be the start of the 3rd leg of the 123 pattern
X-Man's Super Simple System
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X-Man replied Feb 1, 2012Tip — Guys heres a tip on how to use the fibb tool. When lower highs are forming (Downtrend) then we draw our fibb from high to low. When Higher lows are forming (Uptrend) then we draw our fibb from low to high. This is an easy way to set TP ...
X-Man's Super Simple System
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X-Man replied Feb 1, 2012I did mention that when PA hits the top of the channel and crosses below the EMA this is where we have to be careful. I was looking for a short but seen PA started going long. I didnt enter long immediately i waited for PA to break through a ...
X-Man's Super Simple System
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X-Man replied Feb 1, 2012Good job guys I entered a bit late when the resistance broke. I entered just above 1.30900 im up 35 pips
X-Man's Super Simple System
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X-Man replied Feb 1, 2012Just select join to group and i'll add you when i see your request
X-Man's Super Simple System
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X-Man replied Feb 1, 2012Yes those lines are drawn automatically. Its the SHI channel indi. i'll attach it this post for you. I set it to daily so then i view the daily channel in the 4H chart
X-Man's Super Simple System
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X-Man replied Feb 1, 2012Nope im not long i'll need more confirmation first if i want to go long.
X-Man's Super Simple System
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X-Man replied Feb 1, 2012This is what i see. PA is at the top of the daily channel. so when PA bounces off that is usually crosses the EMA there might be retracements as we go down creating lower highs.
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X-Man replied Feb 1, 2012Today — Since the market just broke support which was the head and shoulders neck line . I see today will be a bearish day There might be a move to 1.29300. We will have to wait until the London session open to see what happens
X-Man's Super Simple System