I just wanted to say that I enjoy reading your posts - always well thought and clearly explaining what you're doing ... I may not post much, but I'm always reading! Interesting morning, I really thought the positive news out of Euro would bounce it ...

X-Man's Super Simple System

Errr, it worked for a little bit ... stopped again ... started again ... now it's stopped again ...

GoMarkets Discussion

News — My MT4 news feed has stopped since the weekend upgrades - anything I need to do to get them flowing again? Server - Real2 EDIT : After not working all day yesterday, 5 mins after I post this it starts working again ... if someone was ...

GoMarkets Discussion

Absolutely correct ... in this discussion, I think it's worth considering this : Entering prematurely suggests a weaker signal and an increased likelihood that a trade will go against you. A small SL is much more likely to get hit than a large SL. ...

X-Man's Super Simple System

We're only human ... — Phx & X, I just wanted to say what a huge difference it makes that you also post trades that don't go the way you had planned. Over the last two days I've been caught out on the same trades you have, and although it's ...

X-Man's Super Simple System

The commentary on our local news was something like : "The Greek crisis is solved ... until next month, when they have to figure out how to pay back even more money". The interesting times will continue!

X-Man's Super Simple System

Hi X, As you will see, a number of us entered short at the start of the LO candle, which was the second decent-ish red candle, TDI bounce of 7.1, cross of the 4 EMA, TDI crossing Market Base Line ... etc etc. Risks I identified at the time were low ...

X-Man's Super Simple System

Hi HM, So firstly, the good news - the first trade you took today was pretty much exactly the same as Phx's. Good work on entering that trade. I myself didn't take any trades today as I thought it too risky, but had you let this trade run you ...

X-Man's Super Simple System

Hi hale-mary, Firstly, congrats on sticking with this system, I see you continue to grow. I know Phx has already replied, but I just thought I'd add my 2c ... I know how frustrating it can be when you see a big move has happened, and is continuing ...

X-Man's Super Simple System

Thanks for the feedback! You know the funny thing is, these threads that claim to know the "i've been sent death threats so I can't really tell you" secrets of the market talk about win rates of like 70 - 80% ... something that the likes of ...

X-Man's Super Simple System

With this rather dull market I've been researching too ... my take on the futures / options thing is that it's about seeing where the big volumes of orders are placed because that will likely indicate a strong support resistance ... or something ...

X-Man's Super Simple System

Couple of things : - You based your trade on the Berlin Open candle ... my personal experience is these are often fakeouts - Although it may have looked like a pullback candle, it wasn't validated because price did not continue upwards on the next ...

X-Man's Super Simple System

I'm holding too ... for now ... but I do wonder if, after the big down moves the last few days, sellers are a little exhausted ... spectating on M5, so far it's still LH's ...

X-Man's Super Simple System

Thanks for the share! Interesting. I guess the question always is, what timeframe does the Golden Cross matter most on ... ... because interestingly, it's occurred on the H1 chart at around 9 hours ago ... currently on my charts the H1 is ...

X-Man's Super Simple System

Sive Morten Analysis — Hi guys & gals, I thought I would share something that some of you may find useful ... of course, you may not, but, anyways ... There's a guy called Sive Morten who does a daily EU forex analysis on YouTube for FPA ... ...

X-Man's Super Simple System

This is not the case if a trader position size's correctly ... although the net pips profit might come out even, if managed correctly, the $ profit should be positive. i.e. risking 2% per trade ... You risk 25 pips (2%) in the first trade, and win ...

X-Man's Super Simple System

IMO 15 pips is way too small on H1 EU ... 20 would be absolute minimum, but 25 - 30 would be better ... Obviously there's a trade off somewhere, but I guarantee you 15 will see you stopped out prematurely almost every time ... Even 30 can see you ...

X-Man's Super Simple System

Ecofin and fed reserve meetings are both happening in the next few days ... May be rumors & speculation that drive market, or people may hold back ... We shall see.

X-Man's Super Simple System

My thoughts are be prepared to have days where you say "no more trades, I'm just going to watch". If you place your first trade of the day, and it turns out to be totally wrong, there's often a better than average chance that the rest of the day may ...

X-Man's Super Simple System

I've just run through the charts for today and haven't seen any opportunities and it appears almost everything is consolidating and becoming range bound ... most pairs that yesterday had 2 candles up or down now have one going the other way so far ...

Trading Made Simple for Day Charts