Thanks Suk and Valeo, will check this out.

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Ash's Signals

Unfortunately my charts shut down this morning and therefore my H4 and H1 signals @ 07h15 are NOT the original entry signals, but nevertheless were confirmed correct by a trader near me.

If you were trading by 07h00, you could have entered Long @ 07h15 close @ 1.9469 and if you sat it out, could have banked @ 1.9487 when the RSi and the CCi-15 completely overheated for +18 pips or if you were not sure of the exit, another opportunity presented itself @ 08h20 for at least +8 (so you would not have fried).

My entry was at 09h20 close @ 1.9471 and exited @ 09h45 @ 1.9488 for +17 after being +30 briefly. Exit was relatively simple based on the fact that the H1-chart showed overheating and still not breaking the crucial 100-EMA in spite of "bouncing off" the RSi-8 in the previous candle.

I am amazed at the no-responses that I am getting here. Either you guys are "cruising" this method or nobody trades it.

Best wishes with whatever method it is that you are trading anyway.

Attached Images

this morning's entry.gif (71.5 KB, 208 views)

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"Risk comes from not knowing what you are doing" The Tao of Warren Buffett.

"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.

valeo we need time to understand it i ve finished right now to read all the thread about xo method from the start woodies indicator its not so easy
but you are the only one which explain with charts how to trade it
ASCTrend system give a look here 36O648 rar asc trend i minute
please add more chart examples i will follow your method for one year i promise

Dear Valeo,

Sorry for non responses, i got healthy problems

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Picasso is the best !

Thanks Rod, but I already feel as if I am hogging the Thread. I will continue to place both M5 and H1 chart entries, but if nobody responds, then it feels as if I am doing it for myself. We are continously developing this method with the help of my friends and I will endeavour to keep you abreast of things.

Best wishes.

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"Risk comes from not knowing what you are doing" The Tao of Warren Buffett.

"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.

Wealth or Health my friend? Now that Christine has bowed out of Tennis, we don't need another Belgiun to quit.

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"Risk comes from not knowing what you are doing" The Tao of Warren Buffett.

"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.

First of all a big thank you for sharing your thoughts and methods with us all.

I am kind of new to FX but have been looking at charts and systems for about 6 or 7 years now.

The MTF XO indicator has me interested and the williams %r has always been a favorite of mine, so this system just might be made for me

The problem I have now is where I start .. After reading though a few hundred posts I am now a little confused. Some of the indicators, templates and methods seem to have evolved from the second post.

My main problem is, what is the latest version ? and where do I find the indicators, templates and latest thinking on how to use them ?

I see mentioned that post 2 has them .. but there are no files with that post.

Typo error SORRY

You know, every day all the pips wins are a victory, but the most important is life and a good health

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Picasso is the best !

If you go to the most recent post with the pdf file attached and go back to the very first page of the pdf then look up that post on this thread, you will find that with the original explanations of W1 chart, H8 chart, H4 chart, H1 chart and M5 chart, ValeoFX added a zip file with the indicators and template.

The confusion is that really the original method of this thread was XO_Method.

This is what post 2 is about.

This evolved (on the thread) after ValeoFX took a break in to a new version which only includes 4MTF XO on H1 chart (see the ebook/pdf).

So really it is 2 methods.

I personally continue to have a M5 chart with an adapted version of XO_Method and a separate M5 chart with "RSIFX_Method."

This is why there was discussion of new thread being started.

I think it is neccessary to understand XO_Method to learn RSI Method due to various things such as MTF (multi timeframe) concept, especially of EMAs, also EMAs and their relevence in this system as support/resistance and trend direction indicators. In addition, XO.

Once you understand what all the components "do" you realise every component has it's use and is there to help rather than hinder your interpretation of what is going on in the market.

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Dreamers Never Sleep, Neither Does FX --- http://www.starfxcapital.com

Good morning all,

Just want you to see the entry on the M5-chart a few minutes ago. The entry is marked @ 08h40 candle when the RSi-2 shot through the RSi-4 on the H4-TF (marked with an arrow in DodgerBlue) This is legitimate as the H1 is not ready yet, but the H4 determines the Trend.

Concern was the RSi-2 being "overheated" on M5 TF and we would expect a retrace which came 3 candles later. Overall concern was that the H1-chart (next post) was not showing a clear direction, but if you look at the overall picture, the chances of a break-out to the top were better than short. Reason being that if you watched the H1-chart's CCI-5 during the previous candle, you would have seen that it was overheating very badly and the directional change was imminent. (Watch out for clues like that by using the CCi-5 - brilliant, brilliant, brilliant)

The trade was good for 40 pips at least and you may have stayed in if you obey the 8-EMA rule.

Good trading today and every other day.

Attached Images

this morning's entry.gif (67.5 KB, 139 views)

__________________
"Risk comes from not knowing what you are doing" The Tao of Warren Buffett.

"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.