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As simple as possible: 00 level trading

  • #34,841
  • Jul 5, 2017 9:15pm Jul 5, 2017 9:15pm
Quoting yazdgreat
{quote} Hai Harrisonl.. hahaha.. Yeah.. i dont like to faced chart all day long to search for entry.. so i need to monitor more pair.. Of course udine's pair (EU,EJ,GU,GJ) included.. since pair characteristic has met.. i not trade all 28 pair.. some pair so slow(low ADR,ATR).. some pair fast(Hi ADR,ATR) so i only choose the fast one.. so that i can "if possible" tp at the next candle.. to me.. the longer u hold ur entry.. the riskier it become.. For choosing pair.. u can use this.. I use Robinho method.. refer to the link.. https://www.forexfactory.com/showthr...57#post8161057...
Hi Yaz, yeah, I agree with you that the longer we hold the position, the riskier it can be. That is why I like scalping.

More or less, I am using Robinho method too. But I only limit and monitor Udine pairs and only trade london session. I dont have experience in other pairs so I better stay focus on these 4 pairs.
  • #34,842
  • Jul 5, 2017 9:22pm Jul 5, 2017 9:22pm
Quoting Harrisonl
{quote} Hi Yaz, yeah, I agree with you that the longer we hold the position, the riskier it can be. That is why I like scalping. More or less, I am using Robinho method too. But I only limit and monitor Udine pairs and only trade london session. I dont have experience in other pairs so I better stay focus on these 4 pairs.
Thats good too.. 4 core pair actually the most suitable to be trade because of high ADR, ATR and pair that usually active during london session..
  • #34,843
  • Jul 6, 2017 1:45am Jul 6, 2017 1:45am
Trade #1 EU TS

What a lucky TS. The price doesn't have any momentum to go down. Lucky can TS.

Attached Image (click to enlarge)
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  • #34,844
  • Jul 6, 2017 2:16am Jul 6, 2017 2:16am
good morning to all.

my first trade of the day (with my very BAD ERROR for placing stop order)

GBPJPY over 5pips

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-07-06 09.14.42 am.png Size: 106 KB



just to be clear, i am ONLY in LIVE TRADING... actual lotsize 0.02

i hope to go up in the next days...
  • #34,845
  • Jul 6, 2017 2:23am Jul 6, 2017 2:23am
#1 GBPJPY +5

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  • #34,846
  • Jul 6, 2017 2:42am Jul 6, 2017 2:42am
one ask about this chart EURJPY (actual session)

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-07-06 09.24.47 am.png Size: 80 KB


if i am right with the RULES, the M15 candle that open ABOVE daily price, is NOT GOOD FOR ENTRY...? correct?
i have to WAIT for the next H1 candle to place STOP ORDER (over the daily line)
  • #34,847
  • Jul 6, 2017 2:48am Jul 6, 2017 2:48am
Quoting mighty-thor
one ask about this chart EURJPY (actual session) {image} if i am right with the RULES, the M15 candle that open ABOVE daily price, is NOT GOOD FOR ENTRY...? correct? i have to WAIT for the next H1 candle to place STOP ORDER (over the daily line)
I may not right. But I think this is not with the rules so I skipped this trade.
  • #34,848
  • Jul 6, 2017 3:08am Jul 6, 2017 3:08am
manual (late) entry but TP reach, GBPJPY

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-07-06 10.05.28 am.png Size: 72 KB


EURJPY currently open BUY at 128.700
  • #34,849
  • Jul 6, 2017 3:20am Jul 6, 2017 3:20am
Trade #2 GU SL

Should have not traded as price is around DO

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  • #34,850
  • Edited 3:36am Jul 6, 2017 3:24am | Edited 3:36am
Quoting Harrisonl
Trade #2 GU SL Should have not traded as price is around DO {image}
you refer about your GBPUSD trade? what i see is different from UDINE rules...

seems that you use the 00/25/50/75/00 for entry... on other chart i am look for these level if it's possible to trade these level without referring to the OPEN DAILY line price


EDIT:

stoploss HIT on EURJPY...
  • #34,851
  • Jul 6, 2017 3:39am Jul 6, 2017 3:39am
Trade #3
EJ-10p
I got distracted.. and late entry.. Need more focus next time.. T-T
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  • #34,852
  • Jul 6, 2017 3:44am Jul 6, 2017 3:44am
#2 EURJPY -15

Attached Image (click to enlarge)
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  • #34,853
  • Jul 6, 2017 3:46am Jul 6, 2017 3:46am
got stoploss probably for reach the .750 level of price (and not break)...???
  • #34,854
  • Jul 6, 2017 3:48am Jul 6, 2017 3:48am
Guys, I think market is not good. Price is around DO and no trend. So be careful.
  • #34,855
  • Jul 6, 2017 4:03am Jul 6, 2017 4:03am
Quoting mighty-thor
got stoploss probably for reach the .750 level of price (and not break)...???
Probably price already make a big move earlier..
  • #34,856
  • Jul 6, 2017 4:55am Jul 6, 2017 4:55am
Omg, the price movement is a bit weird today. Any idea what happens to the market?
  • #34,857
  • Jul 6, 2017 5:08am Jul 6, 2017 5:08am
i think that for today i stop trading...
  • #34,858
  • Jul 6, 2017 5:20am Jul 6, 2017 5:20am
Quoting mighty-thor
i think that for today i stop trading...
Ya me too.
  • #34,859
  • Jul 6, 2017 12:05pm Jul 6, 2017 12:05pm
trade #4
ECAD +5P

end for today..
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  • #34,860
  • Jul 7, 2017 1:11am Jul 7, 2017 1:11am
Trade #1: EJ TP

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