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As simple as possible: 00 level trading

  • #441
  • Jun 5, 2014 5:16am Jun 5, 2014 5:16am
Ata re mcandles just change from 1440 to 60 and it should work.
  • #442
  • Jun 5, 2014 5:22am Jun 5, 2014 5:22am
the first short on GJ was a winner.

however, in the next hour there was another potential short at 171.70. it seems people did not take this trade. iam curious to know why, even though it was a valid setup. although was a stopout.
  • #443
  • Jun 5, 2014 5:23am Jun 5, 2014 5:23am
Quoting whatfx
the first short on GJ was a winner. however, in the next hour there was another potential short at 171.70. it seems people did not take this trade. iam curious to know why, even though it was a valid setup. although was a stopout.

I took it 15 min before London open and yes... it was a loss for me (48 min later).
  • #444
  • Jun 5, 2014 5:23am Jun 5, 2014 5:23am
Quoting panosmgr
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...
Only one reason:

point 1. your trading away from the 172.000, so a short @ 171.900 would be ok to trade

point 2. correct !!
Sleep less, live fast, as it aint gonna last
  • #445
  • Jun 5, 2014 5:26am Jun 5, 2014 5:26am
Quoting Udine
{quote} Only one reason: point 1. your trading away from the 172.000, so a short @ 171.900 would be ok to trade
Clear now Udine
  • #446
  • Jun 5, 2014 5:29am Jun 5, 2014 5:29am
Quoting whatfx
the first short on GJ was a winner. however, in the next hour there was another potential short at 171.70. it seems people did not take this trade. iam curious to know why, even though it was a valid setup. although was a stopout.

the candle that gave the possible entry was the same candle that gave me the profit from my previous trade. I dont enter in continuation on a same candle.. You never know how long it will continue or when it will stop... (although that is not completely true.... if you know the average range of the 1H candle )
Sleep less, live fast, as it aint gonna last
  • #447
  • Jun 5, 2014 5:31am Jun 5, 2014 5:31am
E/J trigger short 139.50

Regards!
  • #448
  • Jun 5, 2014 5:33am Jun 5, 2014 5:33am
GBPJPY made it to TP but the position didn't close due to spread... in negative now
Attached Image
Everything you can imagine, is real - Pablo Picasso
  • #449
  • Jun 5, 2014 5:34am Jun 5, 2014 5:34am
Quoting Udine
{quote} The only difference issetting TFBar 1440 (daily) or 60 (hourly)
Wow.. you hit the nail Udine, that was the key.. I never would think of trying 60.. tried so many other numbers.. but my problem definitely solved out..

Thanks You and Best Regards
Focus only on what truly matters!
  • #450
  • Jun 5, 2014 5:35am Jun 5, 2014 5:35am
Quoting Direwolf
GBPJPY made it to TP but the position didn't close due to spread... in negative now {image}

RED GBP NEWS = no trading GBPJPY
Sleep less, live fast, as it aint gonna last
  • #451
  • Jun 5, 2014 5:47am Jun 5, 2014 5:47am
Quoting Udine
{quote} the idea behind the WUKAR is simply not to show your stoploss to your broker... thats all
Thanks for your reply. Does that mean that the settings on the ea don't matter?
  • #452
  • Jun 5, 2014 5:48am Jun 5, 2014 5:48am
ah didn't check the news. Glad luck was on my side, TP hit eventually.
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Everything you can imagine, is real - Pablo Picasso
  • #453
  • Jun 5, 2014 5:50am Jun 5, 2014 5:50am
Quoting Udine
{quote} the candle that gave the possible entry was the same candle that gave me the profit from my previous trade. I dont enter in continuation on a same candle.. You never know how long it will continue or when it will stop... (although that is not completely true.... if you know the average range of the 1H candle )

in my charts the setup came up on the 2nd 1hr candle, and not a continuation of the first candle...if you check you will see it was at the start of the 2nd hour.

unless of course different charts are showing different things..
  • #454
  • Jun 5, 2014 5:51am Jun 5, 2014 5:51am
@Udine

Is this setting seems nicer? As in the entries

Attached Image (click to enlarge)
Click to Enlarge Name: 00level4.png Size: 12 KB


The TP i slightly adjust a bit more, to make it to 6 pips from 8 pips, was some coding flaw originally.
Learn to Trade is Important. Keep your bias & ego aside.
  • #455
  • Jun 5, 2014 5:51am Jun 5, 2014 5:51am
Quoting iomdave
{quote} Thanks for your reply. Does that mean that the settings on the ea don't matter?
off course they do matter... (at least the Stoploss), otherwise there would be no use for it would it ??
Sleep less, live fast, as it aint gonna last
  • #456
  • Jun 5, 2014 5:53am Jun 5, 2014 5:53am
Quoting whatfx
{quote} in my charts the setup came up on the 2nd 1hr candle, and not a continuation of the first candle...if you check you will see it was at the start of the 2nd hour. unless of course different charts are showing different things..
show a chart please...

easier to reply and not make wrong assumptions

thx in advance
Sleep less, live fast, as it aint gonna last
  • #457
  • Jun 5, 2014 5:53am Jun 5, 2014 5:53am
Quoting Zokynho
E/J trigger short 139.50 Regards!

yes, entry 139.50. and you should have got your 5 pips quickly too.

so it seems you folks in total are at - 5 pips thus far ?
  • #458
  • Jun 5, 2014 5:54am Jun 5, 2014 5:54am
Quoting chaosbun
@Udine Is this setting seems nicer? As in the entries {image} The TP i slightly adjust a bit more, to make it to 6 pips from 8 pips, was some coding flaw originally.
slightly better
Sleep less, live fast, as it aint gonna last
  • #459
  • Jun 5, 2014 5:55am Jun 5, 2014 5:55am
EURJPY target hit
Attached Image
Everything you can imagine, is real - Pablo Picasso
  • #460
  • Jun 5, 2014 5:56am Jun 5, 2014 5:56am
EJ reached TP

result so far for the day -10
Attached Image
Sleep less, live fast, as it aint gonna last
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