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As simple as possible: 00 level trading

  • #461
  • Jun 5, 2014 5:56am Jun 5, 2014 5:56am
TP hit EUR/JPY +5
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  • #462
  • Jun 5, 2014 5:57am Jun 5, 2014 5:57am
Gonna need a broker with better spread/commission to trade like this. 1 win I made $16, 1 loss I lost $60. That means I need 4 wins for ever losing trade. A bit too much.
Everything you can imagine, is real - Pablo Picasso
  • #463
  • Jun 5, 2014 5:58am Jun 5, 2014 5:58am
Quoting whatfx
{quote} 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 ?
Overal -10 today till now

Regards!
  • #464
  • Jun 5, 2014 5:59am Jun 5, 2014 5:59am
Quoting Udine
EJ reached TP result so far for the day -10 {image}
Damn you were faster again!

Regards!
  • #465
  • Jun 5, 2014 6:02am Jun 5, 2014 6:02am
Quoting Udine
{quote} slightly better
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1 of the trade close in BE+2 pips
The current 2 running trades is at BE+ N pips also
Learn to Trade is Important. Keep your bias & ego aside.
  • #466
  • Jun 5, 2014 6:15am Jun 5, 2014 6:15am
Take a look at the chart.
That's why I won't take the short trade on level 171.60.
Trade Safe !
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Trade Safe !
  • #467
  • Jun 5, 2014 6:17am Jun 5, 2014 6:17am
Quoting chaosbun
{quote} {image} 1 of the trade close in BE+2 pips The current 2 running trades is at BE+ N pips also
Your AU long trade didn't follow the rules.
Don't buy at 90 level.
Trade Safe !
  • #468
  • Jun 5, 2014 6:18am Jun 5, 2014 6:18am
another GJ short at 171.80, win 5 pips. did anyone take that ?
  • #469
  • Jun 5, 2014 6:20am Jun 5, 2014 6:20am
Udine you are a top bloke, really remarkable.
I wish you good health and speedy recovery. my mom has glaucoma so i know the trauma and trepidation..
could i suggest lighter colours may be better for your and everyones eyes, glare is straining for ones eyes.

attached is a minimal template of your indys

ps im still not totally getting your setups, ive read all the pages but will give it more time and observe more examples. what im not getting is which bars and why some setups are taken and not others

Regards,
Jaypipin
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  • #470
  • Jun 5, 2014 6:21am Jun 5, 2014 6:21am
Quoting whatfx
another GJ short at 171.80, win 5 pips. did anyone take that ?
read post #450
  • #471
  • Jun 5, 2014 6:21am Jun 5, 2014 6:21am
Quoting whatfx
another GJ short at 171.80, win 5 pips. did anyone take that ?
show a chart please
Sleep less, live fast, as it aint gonna last
  • #472
  • Jun 5, 2014 6:23am Jun 5, 2014 6:23am
Quoting whatfx
another GJ short at 171.80, win 5 pips. did anyone take that ?

This was not valid trade as red news come out!

I have pending order at 171.70

Regards!
  • #473
  • Jun 5, 2014 6:26am Jun 5, 2014 6:26am
Quoting Goodgame42
Take a look at the chart. That's why I won't take the short trade on level 171.60. Trade Safe ! {image}

what you illustrate is not pat of the rules. you are aiming for 5 pips, so such support / resistance areas should not matter, apart from when BRN'S are close by.
  • #474
  • Jun 5, 2014 6:26am Jun 5, 2014 6:26am
Thanks..... For Great Sistem​ Udin
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  • #475
  • Jun 5, 2014 6:27am Jun 5, 2014 6:27am
Quoting Zokynho
{quote} I have pending order at 171.70 Regards!
Same here

EUR red news coming soon.
  • #476
  • Jun 5, 2014 6:33am Jun 5, 2014 6:33am
Quoting Udine
{quote} show a chart please

i will post charts, once i fix my laptop. iam using a temporary mini laptop at the moment, doesnt work in posting charts !

but the GJ short trade at 171.80 was as per the rules. the hourly candle was the 11am gmt candle. price went in red on candle open. so in line with daily trend. continued down and reached 171.80. therefore short order in.

tp reached within just a few minutes.


you folks can take a look.
  • #477
  • Jun 5, 2014 6:33am Jun 5, 2014 6:33am
Quoting whatfx
{quote} what you illustrate is not pat of the rules. you are aiming for 5 pips, so such support / resistance areas should not matter, apart from when BRN'S are close by....
The same setup occured yesterday, on strong support/resistance the price is stopped.
If you perfectly the rules you will have a 75% but if you use price action with good strategy you can improve this win rate.
if you take this trade, good luck !
Trade Safe !
  • #478
  • Jun 5, 2014 6:36am Jun 5, 2014 6:36am
Quoting panosmgr
{quote} Same here EUR red news coming soon.
I think during the news, we may not put any order .... ???

My GJ SL get hit @171.800 ....
Testing with 2 different broker, with different spread .... realized that some times the pending order is hit at a broker, but not at the other one ....
Good friends are more valuable than gold ...
  • #479
  • Jun 5, 2014 6:36am Jun 5, 2014 6:36am
Quoting Carloszap
Hi Udine, first that all thanks for such an elegant, simple trading system. My question is: I do not get the skull & bones indicator light up, by looking at your screenshots it glows bright red when conditions are met, however in my case, even as my trade is quite similar to yours, symbol remains gray... which indicator / EA controls it?? Thanks in advance and stay green!

It is NOT changing colors when all conditions are met...
I simply changed the color in the indicator..

dont look fo something that is not there..
Sleep less, live fast, as it aint gonna last
  • #480
  • Jun 5, 2014 6:39am Jun 5, 2014 6:39am
EJ short coming up @ 139.40 ?
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