As simple as possible: 00 level trading | Page 1741 | Forex Factory

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As simple as possible: 00 level trading

  • #34,801
  • Jun 28, 2017 11:25am Jun 28, 2017 11:25am
Quoting bubincka
{quote} Hi Hambone, I'm using this one. Best regards, Bubincka {file} {file}
The coder asks that you not post his code.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #34,802
  • Jun 29, 2017 8:46am Jun 29, 2017 8:46am
Quoting TooSlow
{quote} The coder asks that you not post his code.
OK, no problem, I found the source code here at FF. If now the coder changed her/his mind good to know and in any case staff has already removed the file.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #34,803
  • Jul 3, 2017 2:43am Jul 3, 2017 2:43am
Today is my first day using this system to trade. Thanks Udine for sharing such a great system with us.

I read until page 876 and decided to start taking actions to gain some screen time on this system. My goal is to double my new demo account for 2 times and start trading live.

Anyway here is my trade today.

Trade #1 GJ

Attached Image (click to enlarge)
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Trade #2 GU

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My daily goal is 5%. So I am done today. 15m of works.
  • #34,804
  • Jul 3, 2017 3:12am Jul 3, 2017 3:12am
Bonus Trade #1

EU TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 74 KB


Traded with half position.
  • #34,805
  • Edited 4:19am Jul 4, 2017 2:16am | Edited 4:19am
Trade #1 EJ TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 74 KB


Trade #2 EU TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 69 KB


Get 6.5% today. Done for today as the market is not in strong trend
  • #34,806
  • Edited 9:36am Jul 4, 2017 8:55am | Edited 9:36am
hi guys,

one ask about the R:R

it's suggest to use 2:1 (10pips SL / 5pips TP), but if i use a R.R of 1:2 (10pips SL / 20pips TP) with trailing stop (and breakeven) of 5pips?
just to try to bank some extra pips...

if i understand well, the best moment to trade is when Frankfurt and London open, right?

there are a winning ratio for this system? with R:R 2:1 we need for 4 winning trade to obtain the correct 1:2 R:R for the days... alternative is to increase the risk...

probably the quest is: better 5pips or try to gain more with breakeven???

the ABSOLUTESTRENGHTHISTO is needed for the template? it can improve the accuracy?


about placing STOP ORDER... what are the fast way to place it? directly from chart (right click on mouse) or from side chart list?

i have added an EA that apply automatic STOP LOSS of 10pips, just to save time


EDIT:

guys,

after to see again some chart example i am not sure regarding the correct ENTRY for BUY/SELL trade...

i have to ENTER at the BEGINNING of the NEW H1 CANDLE?... in some M15 chart i see that the entry is at the 3/4 bar M15 (at the end of actually H1 bar)...

please, someone can explain well this detail?

example is in the above chart GBPJPY M15 posted by HARRISON
  • #34,807
  • Jul 4, 2017 10:09am Jul 4, 2017 10:09am
Quoting mighty-thor
... i have to ENTER at the BEGINNING of the NEW H1 CANDLE?... in some M15 chart i see that the entry is at the 3/4 bar M15 (at the end of actually H1 bar)... please, someone can explain well this detail? example is in the above chart GBPJPY M15 posted by HARRISON
That is exactly what you have to do.. start at the beginning of this thread and read few 100 posts (500-600)
All your questions are answered more then once.
Persistence will get it. Consistency will keep it.
  • #34,808
  • Jul 4, 2017 10:18am Jul 4, 2017 10:18am
Quoting mighty-thor
example is in the above chart GBPJPY M15 posted by HARRISON
Hi Mighthy, my GJ trade is a bad example. I am new to this method and that was my first trade using this system. So I set my stop order a bit too early. The order was taken few seconds right after I set the stop order. According to my understanding, I need to set the stop order right after the close of the 4th candle of the hour. So my first trade is a bad example here.

Chake is correct. You should spend some time and read through the threads(at least first 200 pages). You can find the answers for your questions.
  • #34,809
  • Jul 4, 2017 10:26am Jul 4, 2017 10:26am
ok, try to read (english is not my language)

at the moment i am at the first 10-12 pages...
  • #34,810
  • Jul 4, 2017 11:54am Jul 4, 2017 11:54am
Quoting mighty-thor
ok, try to read (english is not my language) at the moment i am at the first 10-12 pages...
Even better then.. you learn the system and at the same time pick up on your english, that's time double well spend!
Persistence will get it. Consistency will keep it.
  • #34,811
  • Jul 5, 2017 1:19am Jul 5, 2017 1:19am
Trade Early today

Trade #1 EJ TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 83 KB
  • #34,812
  • Jul 5, 2017 2:16am Jul 5, 2017 2:16am
Quoting Harrisonl
Trade Early today Trade #1 EJ TP {image}
hi Harrison,

i have 2 trade open on GBP/EUR-JPY (GBP sell, EUR buy), but i have open at .00 price with STOP OREDR... i see that you open at .50 price... right?

if we follow the rules this is not correct entry... correct?
  • #34,813
  • Jul 5, 2017 2:31am Jul 5, 2017 2:31am
Hi, good start for the day:
EURJPY +5
Attached Image (click to enlarge)
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  • #34,814
  • Jul 5, 2017 2:38am Jul 5, 2017 2:38am
EJ+5p
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  • #34,815
  • Jul 5, 2017 2:41am Jul 5, 2017 2:41am
Quoting mighty-thor
{quote} hi Harrison, i have 2 trade open on GBP/EUR-JPY (GBP sell, EUR buy), but i have open at .00 price with STOP OREDR... i see that you open at .50 price... right? if we follow the rules this is not correct entry... correct?
Hi, I am trading the version 2 for this method. Udine talked about this at page 1000+, sorry I forgot the exact page number. So I just gave it a try today. Anyway, the old version is working too. So you may continue your current reading and test the first version to get used to the concept.
  • #34,816
  • Jul 5, 2017 2:43am Jul 5, 2017 2:43am
Quoting suirad0
Hi, good start for the day: EURJPY +5 {image}
I missed this trade
  • #34,817
  • Jul 5, 2017 2:52am Jul 5, 2017 2:52am
Quoting Harrisonl
{quote} Hi, I am trading the version 2 for this method. Udine talked about this at page 1000+, sorry I forgot the exact page number. So I just gave it a try today. Anyway, the old version is working too. So you may continue your current reading and test the first version to get used to the concept.
For quick review of how udine entry.. can just click at "pin button" above see the entry via Image that udine post..
  • #34,818
  • Jul 5, 2017 3:00am Jul 5, 2017 3:00am
Trade #2 EJ SL

My Bad. I lost my patient after I missed the trading opportunity and jump in instantly right after a long move. Really regret on this. PDF lesson

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  • #34,819
  • Jul 5, 2017 3:02am Jul 5, 2017 3:02am
Quoting yazdgreat
{quote} For quick review of how udine entry.. can just click at "pin button" above see the entry via Image that udine post..
Sorry I dont understand what is pin button
  • #34,820
  • Jul 5, 2017 3:39am Jul 5, 2017 3:39am
Quoting Harrisonl
{quote} Sorry I dont understand what is pin button
This Pin Button
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