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As simple as possible: 00 level trading

  • #381
  • Jun 5, 2014 1:26am Jun 5, 2014 1:26am
entered EJ short 139.500
  • #382
  • Jun 5, 2014 1:26am Jun 5, 2014 1:26am
Quoting whatfx
you folks should be in on ej short at 50, and gj short at 80, right now.

yes
Sleep less, live fast, as it aint gonna last
  • #383
  • Jun 5, 2014 1:27am Jun 5, 2014 1:27am
Quoting panosmgr
New Sell Stop orders... EJ... 139.500 GB... 171.800 I'm I right??
Both orders triggered for me.

Let's see now...
  • #384
  • Jun 5, 2014 1:27am Jun 5, 2014 1:27am
Quoting Ata-Turkoglu
{quote} I agree, you are absolutely right speaking in terms to "trading only the system" Thanks for your positive critic.. stay green and happy trades..

Thanks Ata-Turkoglu,

wish you many green pips and positive attitude!

p.s also in both eur/jpy and gbp/jpy

Highest regards!
  • #385
  • Jun 5, 2014 1:28am Jun 5, 2014 1:28am
Quoting 274275025
Hi,Udine, Can you tell me how put "WUKAR TRADING FIFO"this? put this document into profiles or put chart01.chr-chart06.chr to profiles->default?

add the folder into the profile folder
Sleep less, live fast, as it aint gonna last
  • #386
  • Jun 5, 2014 1:30am Jun 5, 2014 1:30am
So bad I cannot be in front of my Computer because of my Job...
But Iam with you guys!

In this case I have to accept to be done with -5 pips today.
Maybe I can crab some on Tokio open tonight
  • #387
  • Jun 5, 2014 1:35am Jun 5, 2014 1:35am
Quoting Jeffray
So bad I cannot be in front of my Computer because of my Job... But Iam with you guys! In this case I have to accept to be done with -5 pips today. Maybe I can crab some on Tokio open tonight


can't see how tokyo can be traded with this. there is no daily candle at the time, as it is just about to form, so nothing to base your entries on. and market at this time is usually very lathargic.
  • #388
  • Jun 5, 2014 1:41am Jun 5, 2014 1:41am
Quoting whatfx
{quote} can't see how tokyo can be traded with this. there is no daily candle at the time, as it is just about to form, so nothing to base your entries on. and market at this time is usually very lathargic.
It worked this morning for me. There is a daily candle if your broker uses US close as the start of a new day, as most do.
  • #389
  • Jun 5, 2014 1:42am Jun 5, 2014 1:42am
Quoting whatfx
{quote} can't see how tokyo can be traded with this. there is no daily candle at the time, as it is just about to form, so nothing to base your entries on. and market at this time is usually very lathargic.

Why not?

At the session opening there is always new money comes in,and because jpy pairs it can be profitable as they move stronger even in those hours,backtest and you will see how many times,there is great example today easy +5 pips on both pairs!

Your entries are only base if you see both 1h and daily green and break of 00 get in and thats it!

Regards!
  • #390
  • Jun 5, 2014 1:50am Jun 5, 2014 1:50am
Quoting whatfx
{quote} can't see how tokyo can be traded with this. there is no daily candle at the time, as it is just about to form, so nothing to base your entries on. and market at this time is usually very lathargic.

Well, you're absolutely right regarding the movement.
But with a bit of homework and checking the volatility of the pairs we are trading here, we can see that there is movement
  • #391
  • Jun 5, 2014 1:51am Jun 5, 2014 1:51am
Quoting whatfx
{quote} can't see how tokyo can be traded with this. there is no daily candle at the time, as it is just about to form, so nothing to base your entries on. and market at this time is usually very lathargic.

even if the D1 candle is only a fe minutes old, its showing direction... but I prefer London open..
Sleep less, live fast, as it aint gonna last
  • #392
  • Jun 5, 2014 1:56am Jun 5, 2014 1:56am
Quoting Udine
pending shorts set: EJ 139.400 GJ 171.700


i dont see where you got the pending order for GJ from.

GJ actually opened too close to 171.700 at london open, so no possibility there.

EJ had a possibilty to enter at 139.400 short, but according to my charts it never reached that level. i guess your entry got filled and was a stopout ? an example of different charts showing different data.
  • #393
  • Jun 5, 2014 2:01am Jun 5, 2014 2:01am
Quoting whatfx
{quote} i dont see where you got the pending order for GJ from. GJ actually opened too close to 171.700 at london open, so no possibility there. EJ had a possibilty to enter at 139.400 short, but according to my charts it never reached that level. i guess your entry got filled and was a stopout ? an example of different charts showing different data.
yup different brokers = different data
Sleep less, live fast, as it aint gonna last
  • #394
  • Jun 5, 2014 2:10am Jun 5, 2014 2:10am
Hey udine, nice work. In the thread you spoke about trading the highest ADR pairs,
why you trade most EJ and GJ? And why not other big ADR pairs?
should we concentrate only on that 2 pairs?
Many thanks for sharing

PS.I've sent you a PM
  • #395
  • Jun 5, 2014 2:10am Jun 5, 2014 2:10am
gj 5 pips sails thru
  • #396
  • Jun 5, 2014 2:11am Jun 5, 2014 2:11am
Incredible strange day today...
but GJ reached TP...

so result for the day so far -10 +5 = -5
Sleep less, live fast, as it aint gonna last
  • #397
  • Jun 5, 2014 2:11am Jun 5, 2014 2:11am
GJ (entry 171.800) .... just hit TP for m.

+5 clear pips

Question: Unide, we don't set new Sell Stop order at 171.700 right?? We wait next candle to open??
  • #398
  • Jun 5, 2014 2:14am Jun 5, 2014 2:14am
Quoting lucariga
Hey udine, nice work. In the thread you spoke about trading the highest ADR pairs, why you trade most EJ and GJ? And not other big ADR pairs? should we concentrate only on that 2 pairs? Many thanks for sharing
3 pairs with higher ADR than the EJ and GJ are:

GBPAUD 117
EURAUD 93
EURNZD 94

but the GJ and EJ have lower spreads, thats why...
but in general the ADR of a lot of pairs has been very low lately, just look at the EURUSD with 49...

not so long ago almost all pairs were having an ADR near or bigger than 100
Sleep less, live fast, as it aint gonna last
  • #399
  • Jun 5, 2014 2:14am Jun 5, 2014 2:14am
EurUsd pending order gotten... and WheelBarrel did the job = pips taken
first Green
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  • #400
  • Jun 5, 2014 2:15am Jun 5, 2014 2:15am
Quoting panosmgr
GJ (entry 171.800) .... just hit TP for m. +5 clear pips Question: Unide, we don't set new Sell Stop order at 171.700 right?? We wait next candle to open??
we wait for he next hour...

patience is a virtue in forex trading...
Sleep less, live fast, as it aint gonna last
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