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SIMPLE EA for a simple method needed!! 2 replies

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Attachments: As simple as possible: 00 level trading
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As simple as possible: 00 level trading

Last trade of the day, closing shop.
USDCAD to TP.

All the best of luck to those who continue to trade.

LuXing
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Wisdom begins in wonder
au -$0.36

no confidence i need wait more time

we are at the S1
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Friends Good afternoon.

A tip to know when the market is lateralized and contradictory.

See picture 01

The strength of the currencies in the CURRENCY indicator are very close

Greater CHF + 257
Minor CAD - 360

The Giraia indicator We JPY on 1st and 6th in The CURRENCY. The coins are very mixed. OPERATIONS OUT OF STAY WITH SO MARKET, AND SO IS A LONG TIME.

Now see the image 02.

Unlike CURRENCY it is much bigger between the highest and lowest.

Giraia and Currency with consistent strength.

Just a tip, it is not enough to put the indicators in Setup, you must know to read.
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Just wanted to share an more advanced version of AbsoluteStrengthHistogram.
Thanks to mladen.
Attached File(s)
File Type: mq4 AbsoluteStrength mtf & alerts + arrows histo nmc.mq4   11 KB | 530 downloads
EURJPY out by TS
EURUSD not according to Udine s rules (no long at 900/950) to TP

LuXing
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Wisdom begins in wonder
Anyone SHORT on L1 confirmation?
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M30 Level 1 entry on GBPUSD.

1. BE +10pips.
2. TP(manually) +17pips.

Cheers.
Attached Image (click to enlarge)
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Be Dumb and Follow Price
I guess I will be the only one posting negative outcomes on a public forum, but I've decided to take charge of my mistakes.

I have just blown my live account, taking too large size and becoming emotional with each position.

I've tried to use only L1 and L2 setups without any CMS confirmation and traded multiple pairs with spread below 1.5 (EU, GU, EJ, UC, UJ).

Mistakes were: revenge trading after a two losers in a row, not sticking to the rules i.e. trying to recover at any cost without even waiting for the next day using almost random entries (actually recovered many times using some S&D and VSA knowledge but... anyway, these have no place here), too big a position size (5% to 10% risk) and also trying to trade back the losses outside the right hours window.

I am the sole responsible for this outcome and it has nothing to do with Udine's method which obviously works great if you have what it takes to follow it.

Bit frustrating, but next week I will be back to the drawing board on my demo account.

To athose of you who will still be trading today, wish you nice weekend with lots of green pips
Quoting tradista
I guess I will be the only one posting negative outcomes on a public forum, but I've decided to take charge of my mistakes. I have just blown my live account, taking too large size and becoming emotional with each position. I've tried to use only L1 and L2 setups without any CMS confirmation and traded multiple pairs with spread below 1.5 (EU, GU, EJ, UC, UJ). Mistakes were: revenge trading after a two losers in a row, not sticking to the rules i.e. trying to recover at any cost without even waiting for the next day, too big a position size and...
We are all on the same boat, I'm still trying not to blown my demo
Quoting hmesquita
{quote} We are all on the same boat, I'm still trying not to blown my demo
Thanks hmesquita. Just don't give up!
I know I won't, just need to come to grips with my discipline and most probably my goals and expectations.
Quoting tradista
I guess I will be the only one posting negative outcomes on a public forum, but I've decided to take charge of my mistakes. I have just blown my live account, taking too large size and becoming emotional with each position. I've tried to use only L1 and L2 setups without any CMS confirmation and traded multiple pairs with spread below 1.5 (EU, GU, EJ, UC, UJ). Mistakes were: revenge trading after a two losers in a row, not sticking to the rules i.e. trying to recover at any cost without even waiting for the next day using almost random entries (actually...
Thanks for sharing Tradista,

Make me feel not alone trying to make those green pips everyday.

Numberman
What does L1 L2 mean?
Double the account
Quoting yelena
{quote} +27 EOB. Black pips to all EDIT: the original plan was to trade the 2nd and 3rd hours due to the news. And so I did. Closing at +68 I will no longer post any trade and will not complete the 30 days. I think I have made my point. I will no longer respond to queries because they are futile. It's what the title said "as simple as." You guys make it so complicated. Any system will succeed until you deviate and add your human element. Act on it in cold blood. Do as you your trading plan. Assuming you even have a trading plan. Black pips to all...
Has anyone done any experimenting with Yelena's idea of not closing the trade when it hits TP or SL but on the close of the candle that hit +5 or -10? This is from just now.
Attached Image
eu -1 udine5m
uc +3 robinho force
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Quoting tradista
I guess I will be the only one posting negative outcomes on a public forum, but I've decided to take charge of my mistakes. I have just blown my live account, taking too large size and becoming emotional with each position. I've tried to use only L1 and L2 setups without any CMS confirmation and traded multiple pairs with spread below 1.5 (EU, GU, EJ, UC, UJ). Mistakes were: revenge trading after a two losers in a row, not sticking to the rules i.e. trying to recover at any cost without even waiting for the next day using almost random entries (actually...

Sorry to read your post.

my suggestions is as follows:

1. Take only M30 L1
2. Only Udine's pairs
3. Keep to PDF & BCC
4. Use good Money Management
5. Follow good trading rules.


NB: leave the M30 L2 alone. (its needs special requirement - experience).

Hope its help.

Cheers,
Yomi
Be Dumb and Follow Price
Quoting Juan007
eu -1 udine5m uc +3 robinho force {image}
The only thing I can say at the moment is Congratulations !!!

I'll give a tip for you who is working with M05.

Take the MTF indicator published on post 31006 and do the following:

Put the same settings here that we have in our letter.
Mode 0
length 5
Smooth 4
signal 3
price 0
Mode MA 1

Place an MTF with M15
Place an MTF with M30


Your entries will be safer, because being these indicators with the same color, is why M15 and M30 are in agreement. See the picture.

Let the graph only in M05 and continue making the entries only 1x8.

A big hug.
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eu -10 mistake no rules
eu +5
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Quoting Robinho
{quote} The only thing I can say at the moment is Congratulations !!! I'll give a tip for you who is working with M05. Take the MTF indicator published on post 31006 and do the following: Put the same settings here that we have in our letter. Mode 0 length 5 Smooth 4 signal 3 price 0 Mode MA 1 Place an MTF with M15 Place an MTF with M30 Your entries will be safer, because being these indicators with the same color, is why M15 and M30 are in agreement. See the picture. Let the graph only in M05 and continue making the entries only 1x8. A big hug....
Gracias Robinho

i will check it
Quoting tradista
I guess I will be the only one posting negative outcomes on a public forum, but I've decided to take charge of my mistakes. I have just blown my live account, taking too large size and becoming emotional with each position. I've tried to use only L1 and L2 setups without any CMS confirmation and traded multiple pairs with spread below 1.5 (EU, GU, EJ, UC, UJ). Mistakes were: revenge trading after a two losers in a row, not sticking to the rules i.e. trying to recover at any cost without even waiting for the next day using almost random entries (actually...
Another very important "rule" that Udine has posted, is "Look for reasons NOT to take the trade". If you can't find any, THEN you take the trade. And of course, never risk more than 1-2%, that's what the pros do. And if you find yourself back on Live trading and you get a loss, IMMEDIATELY switch to demo and keep trading. That helps to break the emotional rollercoaster. Oh, and you're not gonna get rich by next weekend . Broke happens a lot faster than Rich.
au -10
aj -10
eu +5
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