Would entering nthe EU now have been a better signal? I dont want to take a pullback just out of the blue? But I may be missing something. I just entered the EU short now because everything seemed clear (TDI, candle close below Ma, and the pull ...

X-Man's Super Simple System

got my 50 pips..it can go down further but I dont care...plus this is where my jitters kick in. such a huge candle

X-Man's Super Simple System

fibs — When you get a chance X-man...could you explain how you use fibs in your trading style. I could never use them the correct way...to generate pips of course...lol. I have been ignoring them but perhaps they may help. (I only used fibs to ...

X-Man's Super Simple System

Agreed. That looks to be the high of the day. Dang you guys are good. I needed a bit more convincing so I went in at 1.3402

X-Man's Super Simple System

in anycase this is what my chart shows. I welcome criticism as to why the trade may or may not be okay. EDIT: I moved my SL to BE because price seems to be taking way to long to move and seems to be always coming back to my 1.3415 entry

X-Man's Super Simple System

EU long anyone? — Anyone currently long on EU? I was from one candle back. TDI angle and everything looked okay. And for the TMS people, I believe there was a valid setup and entry candle. OR are you guys waiting on the summit to finish before ...

X-Man's Super Simple System

Definately,yes. I need to be at my computer at a later time.

X-Man's Super Simple System

Phx62, What made you decide not to enter on the bounce of EU to go long prior to your entry. Was there something you observed with the candles? I am just trying to get a feel of what is going on.

X-Man's Super Simple System

Phx62 was on paltalk or the chat you guys had running? He is awesome I could learn so much from him

Trading Made Simple

Not the usual 50 pips due to the holidays? Or maybe price was moving slow today so better safe with a conservative target. I do know there is something about the 50% retracement when usa session arrives. Or maybe I am thinking of the NY reversal. In ...

X-Man's Super Simple System

no matter what I do..i am just getting clobbered today (but this is just my emotions talking right now)

X-Man's Super Simple System

okay thanks. I might reverse if price goes below the ema. But i think you to the trade based on the pullback candle? I think that is what it is called

X-Man's Super Simple System

Zoom out and you will see an obvious S/R level to the left. It stick out like a sore thumb. no thinking involved

X-Man's Super Simple System

X-man chart — So looking at your chart X-man, what was wrong with entering the bounce trade, in your opinion? Because it looked okay to me. But right now it looks "iffy"

X-Man's Super Simple System

Okay that clears things up. I thought you entered 1 hour before LO. But you enter during the London open hours not the Frankfurt/European open. If i am understanding correctly

X-Man's Super Simple System

What resistance the previous high is 40 pips away?

X-Man's Super Simple System

warning signal question — Would one warning signal that the EU may not follow through upwards be that right now it is only stuck in a 10 pip range is not moving higher? Its just hanging around the opening of the current candle

X-Man's Super Simple System

EU — EU buy on 1 hour looks good for a bounce trade...I think Any constructive criticism welcome Plse ignore all other lines not related to the method. I use them for back testing sessions

X-Man's Super Simple System

This is true but I am not trying to make this an exact science trying to get a feel/art for the movements

X-Man's Super Simple System

I dont trade breaks. I see way to many times price will break and retrace. who knows....i am still trying to iron out screwball trading days like this. my equity curve tends to suffer on these types of days

X-Man's Super Simple System