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As simple as possible: 00 level trading

  • #901
  • Jun 9, 2014 12:54am Jun 9, 2014 12:54am
Different Daily open for me so Sell Stop at 139.700

Attached Image (click to enlarge)
Click to Enlarge Name: ej.PNG Size: 43 KB
  • #902
  • Jun 9, 2014 12:58am Jun 9, 2014 12:58am
Hi,

May I ask how you got 5 pips at TP? I ask because my trailling stop closed the trade earlier.

Update: was this a matter of different spreads at vario different brokers?

Best regards,

Frietzak
  • #903
  • Jun 9, 2014 1:01am Jun 9, 2014 1:01am
Quoting panosmgr
{quote} Mine will be RED under 171.160 That's why ask...
Ok, I'm trading with a gmt+0 broker, so my daily open has been at 172.244
  • #904
  • Jun 9, 2014 1:02am Jun 9, 2014 1:02am
Quoting frietzak
Hi, May I ask how you got 5 pips at TP? I ask because my trailling stop closed the trade earlier. Update: Was this a matter of different spreads at vario different brokers? Best regards, Frietzak

Can you please share screen?

Maybe because your spread isn't so smallb so your trailing was hit,it was really close (profit by pippete) so guess that the problem!

Regards!
  • #905
  • Jun 9, 2014 1:17am Jun 9, 2014 1:17am
Is the SL on WUKAR always hidden, i have it set to false but i dont see the stoploss turning up in the trade terminal once the trade gets executed.
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  • #906
  • Jun 9, 2014 1:20am Jun 9, 2014 1:20am
Quoting jeffmichaels
Is the SL on WUKAR always hidden, i have it set to false but i dont see the stoploss turning up in the trade terminal once the trade gets executed. {image}

When you set it to false it is NOT activated..
you must set it to true

It wont show in the tradeterminal... as you dont want your broker to know... but its there (when you have it activated)

Udine
Sleep less, live fast, as it aint gonna last
  • #907
  • Jun 9, 2014 1:22am Jun 9, 2014 1:22am
EURAUD win
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Donde hay Patron no manda Marinero
  • #908
  • Jun 9, 2014 1:30am Jun 9, 2014 1:30am
Quoting Udine
{quote} When you set it to false it is NOT activated.. you must set it to true It wont show in the tradeterminal... as you dont want your broker to know... but its there (when you have it activated) Udine
Mijn Dank! / Thanks !

I have an ECN broker in your opinion I need a hidden SL then also? Do you get a lot of slippage ?
  • #909
  • Jun 9, 2014 1:31am Jun 9, 2014 1:31am
Quoting Udine
{quote} ok get ready for a long story.. i will say it bluntly... 100 % of the people start out in forex for one reason only: to make a shitload of money as a get rich quick scheme and make money from day 1. 90 - 95 % of the people fail in forex for the following reasons: 1. no clue of what their getting into 2. no system 3. no plan 4. no patience 5. no focus 6. no discipline 7. dont treat it like a business, but more as a game/hobby/entertainment 8. dont act / work as a professional 9. no administration 10. looking for shortcuts and not putting...

Great post Udine. I hope everyone reads this. Thanks for taking the time to make this informative post.
  • #910
  • Jun 9, 2014 1:35am Jun 9, 2014 1:35am
Quoting jeffmichaels
{quote} Mijn Dank! / Thanks ! I have an ECN broker in your opinion I need a hidden SL then also? Do you get a lot of slippage ?

no slippage..
Sleep less, live fast, as it aint gonna last
  • #911
  • Edited 1:46am Jun 9, 2014 1:36am | Edited 1:46am
EUR/AUD +10pips !
+3,60% today.
Attached Image (click to enlarge)
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Trade Safe !
  • #912
  • Jun 9, 2014 1:37am Jun 9, 2014 1:37am
Quoting MKFXTrader
{quote} Great post Udine. I hope everyone reads this. Thanks for taking the time to make this informative post.

your welcome..

thse kind of posts always get least reactions... just like post 711..

Sleep less, live fast, as it aint gonna last
  • #913
  • Jun 9, 2014 1:38am Jun 9, 2014 1:38am
ej out by TS at BE
Attached Image
Sleep less, live fast, as it aint gonna last
  • #914
  • Jun 9, 2014 1:38am Jun 9, 2014 1:38am
GBP/JPY hit trail stop was at 4.8 but that's happens!

EUR/JPY also hit trail stop!

Lets wait another hour!

Regards!
Attached Image(s) (click to enlarge)
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  • #915
  • Jun 9, 2014 1:43am Jun 9, 2014 1:43am
Quoting Udine
{quote} your welcome.. thse kind of posts always get least reactions... just like post 711..
Unfortunately most newbie traders overlook these long informative posts because they lack the patience you speak about. Everything you stated was right on. Thanks again.
  • #916
  • Jun 9, 2014 1:44am Jun 9, 2014 1:44am
Quoting MKFXTrader
{quote} Unfortunately most newbie traders overlook these long informative posts because they lack the patience you speak about. Everything you stated was right on. Thanks again.
Sleep less, live fast, as it aint gonna last
  • #917
  • Jun 9, 2014 1:45am Jun 9, 2014 1:45am
Quoting Zokynho
GBP/JPY hit trail stop was at 4.8 but that's happens! EUR/JPY also hit trail stop! Lets wait another hour! Regards! {image} {image}
15 pips range in 3 hours on GJ it's not enough !!
Avoid this pair for the moment, choppy market ==> stay away !
Trade safe !
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 55 KB
Trade Safe !
  • #918
  • Jun 9, 2014 1:46am Jun 9, 2014 1:46am
Quoting Udine
ej out by TS at BE {image}
Hey udine any particular reason why you didn't took gbp/jpy?

Guess it was a little bit risky because 1h blue was just started to form around 00 lvl so i took manually....

Regards!
  • #919
  • Jun 9, 2014 1:46am Jun 9, 2014 1:46am
Quoting Goodgame42
EUR/AUD +10pips ! +3,60% today. {image}
Done for me today.
Have a good day everybody !
Trade Safe !
  • #920
  • Jun 9, 2014 1:48am Jun 9, 2014 1:48am
Quoting Goodgame42
{quote} 15 pips range in 3 hours on GJ it's not enough !! Avoid this pair for the moment, choppy market ==> stay away ! Trade safe ! {image}

Yeah i agree Goodgame 100%,it was risky but for now I enter in every signal as want to see edge of took every trade.It is demo so I don't worry about it,but again agree,this trade was also risky because 1h blue candle wasn't great!

Congrats on your +10 trade!

Regards!
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