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As simple as possible: 00 level trading

  • #421
  • Jun 5, 2014 4:45am Jun 5, 2014 4:45am
Quoting MKFXTrader
Udine, Just came across your thread with great interest. Thread is moving fast. Thanks for sharing your system brother. Hope your eye gets better. I was wondering if anyone has the sessions indicator, that plots a vertical line to show session openings? Thank you

thx

Market Panel Display Controller indicator in the zipfile
Sleep less, live fast, as it aint gonna last
  • #422
  • Jun 5, 2014 4:46am Jun 5, 2014 4:46am
Hi Udine, great thread and system. I am having regular success! I am a bit confused when it comes to your WUKAR ea and when and how to use it. I place my pending orders using the "Easy Order" script system and move the tp and sl lines appropriately. So my trades have a tp and sl. If I use the WUKAR ea do I just place the pending order with no sl and tp and rely on the WUKAR ea taking control? If so, what are your recommended settings for the ea? I assume that the Wheelbarrow ea manages the trade in the short term as a safety net with be and trailing stop. Cheers
  • #423
  • Jun 5, 2014 4:49am Jun 5, 2014 4:49am
Quoting iomdave
Hi Udine, great thread and system. I am having regular success! I am a bit confused when it comes to your WUKAR ea and when and how to use it. I place my pending orders using the "Easy Order" script system and move the tp and sl lines appropriately. So my trades have a tp and sl. If I use the WUKAR ea do I just place the pending order with no sl and tp and rely on the WUKAR ea taking control? If so, what are your recommended settings for the ea? I assume that the Wheelbarrow ea manages the trade in the short term as a safety net with be and trailing...
the idea behind the WUKAR is simply not to show your stoploss to your broker... thats all
Sleep less, live fast, as it aint gonna last
  • #424
  • Jun 5, 2014 4:54am Jun 5, 2014 4:54am
Quoting Goodgame42
{quote} i understand why udine wants to close his thread !!!! reaaaaaaaaaaad all pages before asking !!!!

You couldn't have said better!!!!
  • #425
  • Jun 5, 2014 4:55am Jun 5, 2014 4:55am
Hi Udine,

Thanks for your early reply and sorry for my bad english,

can you help me check my pic,it's normal?
Attached Image (click to enlarge)
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  • #426
  • Jun 5, 2014 4:56am Jun 5, 2014 4:56am
Quoting Goodgame42
{quote} i understand why udine wants to close his thread !!!! reaaaaaaaaaaad all pages before asking !!!!
I can understand Udine getting irritated if I ask a daft question, not sure why you are though you big tart, chill baby.
  • #427
  • Jun 5, 2014 4:56am Jun 5, 2014 4:56am
Quoting Udine
{quote} thx Market Panel Display Controller indicator in the zipfile
Thx Udine
  • #428
  • Jun 5, 2014 5:06am Jun 5, 2014 5:06am
Quoting 274275025
Hi Udine, Thanks for your early reply and sorry for my bad english, can you help me check my pic,it's normal? {image}

answered in the thread already !!
Sleep less, live fast, as it aint gonna last
  • #429
  • Jun 5, 2014 5:06am Jun 5, 2014 5:06am
EURJPY (Entry 139.500) .... hit SL

-10 pips here.
  • #430
  • Jun 5, 2014 5:06am Jun 5, 2014 5:06am
Quoting Udine
{quote} we wait for he next hour... patience is a virtue in forex trading...


well the next hour came on GJ and there was a pending short at 171.70, did anyone take that ? would have been a stopout though.

it seems also, EJ short has now been stopped out.
  • #431
  • Jun 5, 2014 5:06am Jun 5, 2014 5:06am
EJ hit SL.. was at 0.2 of reaching BE.. shit happens

today -15
Sleep less, live fast, as it aint gonna last
  • #432
  • Jun 5, 2014 5:06am Jun 5, 2014 5:06am
Hi Udine (I live in Verona), thanks for sharing the system.

I tried last month a very similar system based on Renko charts (your 00 levels).

If I understand properly you trade with risk/reward 0.5, correct?

I tried with risk/reward 1.5 and 1% daily target but it didn’t work. But I didn’t make refer to daily open.

I’ll try to incorporate your suggestions in my system.
  • #433
  • Jun 5, 2014 5:06am Jun 5, 2014 5:06am
Stop loss hit -10 EUR/JPY!

Regards!
Attached Image (click to enlarge)
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  • #434
  • Jun 5, 2014 5:07am Jun 5, 2014 5:07am
Hi Udine,

Quoting Juan007
i have a gbpjpy lost -10 sell 171.700 {image}
I noticed that on Juan007's chart the green and red areas are ranging differently. The M-Candles indicator seems to work different for some users, at least for me.

On my chart even if I play with numbers in M-Candles setup nothing changes. It colors the green and red areas from between opening of day to close of day. I think Juan007's chart is the one where it works right. What do you think? What could be missing?

Many Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.jpg Size: 155 KB
Focus only on what truly matters!
  • #435
  • Jun 5, 2014 5:10am Jun 5, 2014 5:10am
GBP/USD hit the spot
Super Green. WUKAR rules!
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2014-06-05_150809GBPUSDvaii2.jpg Size: 11 KB
  • #436
  • Jun 5, 2014 5:11am Jun 5, 2014 5:11am
Quoting 274275025
Hi Udine, Thanks for your early reply and sorry for my bad english, can you help me check my pic,it's normal? {image}
Post #146
  • #437
  • Jun 5, 2014 5:13am Jun 5, 2014 5:13am
Quoting Udine
EJ hit SL.. was at 0.2 of reaching BE.. shit happens today -15


at what point do you move the stop to BE ?
  • #438
  • Jun 5, 2014 5:13am Jun 5, 2014 5:13am
Quoting Ata-Turkoglu
Hi Udine, {quote} I noticed that on Juan007's chart the green and red areas are ranging differently. The M-Candles indicator seems to work different for some users, at least for me. On my chart even if I play with numbers in M-Candles setup nothing changes. It colors the green and red areas from between opening of day to close of day. I think Juan007's chart is the one where it works right. What do you think? What could be missing? Many Thanks {image}

The only difference issetting TFBar 1440 (daily) or 60 (hourly)
Sleep less, live fast, as it aint gonna last
  • #439
  • Jun 5, 2014 5:14am Jun 5, 2014 5:14am
Quoting whatfx
{quote} at what point do you move the stop to BE ?
the wheelbarrel EA does it for me.. @ 3.5 pips
Sleep less, live fast, as it aint gonna last
  • #440
  • Jun 5, 2014 5:14am Jun 5, 2014 5:14am
You may think that we have a potential SHORT setup at GJ at 171.900

BUT there are 2 reasons not to trade this:

1st... BRN near .... (172.000)

2nd... Red news for GBP in less than an hour

Just try to help...
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