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- Brifx replied Jan 11, 2012
Hi Amiralifx, i am certainly no expert here but i will will give my opinion and tell you why i think it may have been a bad trade. 1. The trend is clearly down and you are looking to go long against the trend. 2. The candle it appears you entered on ...
X-Man's Super Simple System
- Brifx replied Jan 10, 2012
I also went short on the London open. Price was breaking st resistance at 1.2965 ish off the pullback candle. Was not able to stay in front of the puter so set at tp just above the next area of resistance around 1.2940. Missed it by 2 pips and got ...
X-Man's Super Simple System
- Brifx replied Jan 6, 2012
Hi Tonny47, looking at your chart the first thing i see is PA ranging with no particular direction. Not every pullback bar or TDI cross is a entry signal. Personally i would have waited until price broke and closed below short term resistance in ...
X-Man's Super Simple System
- Brifx replied Jan 5, 2012
I also bought the headfake. Realized what was happening, took my 20 pip loss and went short for +40!
X-Man's Super Simple System
- Brifx replied Jan 5, 2012
Didn't take the market long to see it was not happy with the upside. Some news coming up, then we'll see what direction it may settle on.
X-Man's Super Simple System
- Brifx replied Jan 5, 2012
Patients littlebunny! As X-Man says, trades need room to breathe, we can't panic just because the market hiccupps against us for a few pips. We may even lose this trade, it happens. We learn and move on to the next set up. Cheers!
X-Man's Super Simple System
- Brifx replied Jan 5, 2012
Have taken basically the same trade on the London open. long at 1.2940, target at 1.2990 and SL at 1.2910 which was the start of the pullback candle on the 4hr TF. Good luck!
X-Man's Super Simple System
- Brifx replied Jan 3, 2012
Just closed at the 1.3048. Price seemed to be getting rejected a bit by the 1.3050 RN. All in all +18 for the London session, could have been more if i was around but happy with i was able to get. Will wait to see what happens during the NY session. ...
X-Man's Super Simple System
- Brifx replied Jan 3, 2012
Hi LL, saw the same pullback candle on the 15 TF. Was wondering what gave you the confidence to take that trade bring as PA was still under the 4 MA, and prior to TDI cross. Still trying to learn, thank you!
X-Man's Super Simple System
- Brifx replied Jan 3, 2012
Entered long E/U 1.3030. Late in the move but on the 15 Min TF Price pulled back but remained blue bullish. Next bar closed higher confirming bulls were still running the show. TDI Green line was slightly above 68 but still showing upward bias. Not ...
X-Man's Super Simple System
- Brifx replied Jan 2, 2012
Welcome back X-Man! Glad to see you have returned. Want to wish all the S3 traders a very successful year. I have spent the last week backtesting, especially pullback bars and am really starting to see how to recognise them and understand their ...
X-Man's Super Simple System
- Brifx replied Dec 15, 2011
Had a bit of luck on my side today. Had to walk away from the computer for a while and let my trade run itself which turned out for the best. My SL was .5 pps from being hit before pa turned around and hit my TP by 3 pips before reversing itself ...
X-Man's Super Simple System
- Brifx replied Dec 15, 2011
Nice little counter trend trade setting up on the 15 min TF. Green RSI has crossed red Trade Signal line and the 50 to the upside, PA has broken 1.3000 RN and is above the 4 ma with room to run to about the 1.3025, 1.3030 short term resistance.
X-Man's Super Simple System
- Brifx replied Dec 15, 2011
I almost trail my stops once i am in the money a bit. If pa is moving strongly i will take off my TP with a fairly tight TS -- once it is getting very close to hitting it -- and let the trade run. Another option is to close a certain % of your trade ...
X-Man's Super Simple System
- Brifx replied Dec 14, 2011
Took E/U short on break of 1.3000. Took a while to sdevelope, finally hit TS at 1.2963. Experimented on demo with a G/U trade that went bad. Overall -40 pips for the day but still up for the week. Difficult market right now so if one can trade at BE ...
X-Man's Super Simple System
- Brifx replied Dec 14, 2011
Also in long E/U. Waited for pa to break the 1.3050. Seems to have done an about face atm. Set tight stop of about 25 pips.
X-Man's Super Simple System
- Brifx replied Dec 14, 2011
Took half off at 1.3045 for +20 pips. Closed the rest at Be + 10. The 1.3050 seemed to be rejecting price and pending GBP news was the deciding factor. Will wait to see what developes after the news releases.
X-Man's Super Simple System
- Brifx replied Dec 14, 2011
Entered long E/U on 15 min TF. Entry was on open of second blue candle after red pull back candle and cross of 4 ma at 1.3025. Also supported by TDI cross of red and yellow lines. Thinking the bulls are going to allow a bit of a pull back to make ...
X-Man's Super Simple System
- Brifx replied Dec 12, 2011
X-Man, wanted to ask if as per your system if it is acceptable to scale down to the 15 min TF for entries for days like this. Just had a look at it, looking back at the day, and it gave some great signals.
X-Man's Super Simple System
- Brifx replied Dec 12, 2011
Just closed E/U short at 1.3225. Seems to be headed down again but wanted to lock in my pips. Not great signals today but was lucky, 2 trades for +45.
X-Man's Super Simple System