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As simple as possible: 00 level trading

  • #961
  • Jun 9, 2014 6:22am Jun 9, 2014 6:22am
GBP/JPY after some waiting hit tp +5 pips althought not the safest trade!

EUR/JPY Again same old story from today trailing stop hit!

REGARDS!
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  • #962
  • Jun 9, 2014 6:22am Jun 9, 2014 6:22am
Thanks Udine for making that post back at #879. Wise words indeed.

GJ 2nd Attempt. Target Hit

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Healthy, Wealthy & Steady!!
  • #963
  • Jun 9, 2014 6:23am Jun 9, 2014 6:23am
GJ out for TS, 0.5 Pips.

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Anyway done for the day.
  • #964
  • Jun 9, 2014 6:28am Jun 9, 2014 6:28am
Think I will call it a day, BE for me today!

Lot of BE trades and if i didn't done mistake by lose trade this morning on E/J at Frankurt holiday I would be out with daily target as well today!

Learned something and got more confidence!

When we calculate monday,mistake,holiday and few pippetes that gone to BE trades instead profit I am happy and eagrly waiting tomorow!

Wish you green pips!

Regards!
  • #965
  • Jun 9, 2014 6:33am Jun 9, 2014 6:33am
Today strangely most of my trades hit trailing stop after within .5 pips to target
  • #966
  • Jun 9, 2014 6:34am Jun 9, 2014 6:34am
Eu tp
Gy trailing stopped out
  • #967
  • Jun 9, 2014 6:35am Jun 9, 2014 6:35am
Quoting mathprav
Today strangely most of my trades hit trailing stop after within .5 pips to target

happened to several of us this morning. Dont worry the winners will come..

Udine
Sleep less, live fast, as it aint gonna last
  • #968
  • Jun 9, 2014 6:39am Jun 9, 2014 6:39am
Can someone clarify if the rule is not to trade for 1 hour before red news, or just don't trade the 1 hour candle where the news occurs - this is for releases that occur part way through an hourly candle, thanks.
  • #969
  • Jun 9, 2014 6:43am Jun 9, 2014 6:43am
Quoting Udine
{quote} happened to several of us this morning. Dont worry the winners will come.. Udine
stopped trading after hitting trailing stops and decided to wait for NY Session
  • #970
  • Jun 9, 2014 6:43am Jun 9, 2014 6:43am
Quoting Udine
{quote} happened to several of us this morning. Dont worry the winners will come.. Udine
I take a TS closeout as a winner, cause its not a loser. Still a profit. Compared to the 1% for 5 pips, its still a 0.2% win. More than most traders take from the table with just one trade.

Take care
(out for model helicopter flying now).
  • #971
  • Jun 9, 2014 6:44am Jun 9, 2014 6:44am
Quoting messiah01
Can someone clarify if the rule is not to trade for 1 hour before red news, or just don't trade the 1 hour candle where the news occurs - this is for releases that occur part way through an hourly candle, thanks.

1 hour before until 30 minutes after the news..
Sleep less, live fast, as it aint gonna last
  • #972
  • Jun 9, 2014 7:03am Jun 9, 2014 7:03am
I have a few questions, the following.
1. want to get rid of solid green and solid red lines.
2. get rid of solid yellow line, 140.000, 1.36000, 1.68000. just keep the dash yellow lines
3. need to correct daily market open, TO (OANDA DEMO)

HELP PLEASE.

SEE WHITE ARROWS, DELETE
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  • #973
  • Jun 9, 2014 7:10am Jun 9, 2014 7:10am
Quoting mappollo69
I have a few questions, the following. 1. want to get rid of solid green and solid red lines. 2. get rid of solid yellow line, 140.000, 1.36000, 1.68000. just keep the dash yellow lines 3. need to correct daily market open, TO (OANDA DEMO) HELP PLEASE. SEE WHITE ARROWS, DELETE {image}
put the pointer over the indi and find out which indi gives you the info you want to remove and delete the indicators....
do some investigating to what you want...

Open the daily open line indicator and see if you can figure it out yourself..

10. looking for shortcuts

in forex are no shortcuts... you must put in the work..
As Vince Lombardy said: Success comes before work ONLY in the dictionary !!

Udine
Sleep less, live fast, as it aint gonna last
  • #974
  • Jun 9, 2014 7:18am Jun 9, 2014 7:18am
5 AU and 15 EJ. Thank you. Nice system.
  • #975
  • Jun 9, 2014 7:20am Jun 9, 2014 7:20am
Daily target reached
Took 3 trades - all tp were hit


If I see a very good setup i will take it with just 0.01 lots just for more practice
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Attached Image
  • #976
  • Jun 9, 2014 7:51am Jun 9, 2014 7:51am
finally one GJ +5 pips, waiting for one more trade to happen to end the day....
  • #977
  • Jun 9, 2014 7:54am Jun 9, 2014 7:54am
Quoting mathprav
finally one GJ +5 pips, waiting for one more trade to happen to end the day....
you entered at 172.100 ??
Sleep less, live fast, as it aint gonna last
  • #978
  • Jun 9, 2014 8:07am Jun 9, 2014 8:07am
Quoting BLACKFEET
Hi, Udine.... and others Just to make my humble contrivance Regards BBF {file} {image}
Attached Image (click to enlarge)
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ADR and ATR do not give you the information you need to be profitable. Knowing the frequency distribution of the range shows a clear picture of how you can expect price to move.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #979
  • Jun 9, 2014 8:10am Jun 9, 2014 8:10am
Udine - thank you for the response to my question.
Small disciplines repeated with consistency lead to great achievements.
  • #980
  • Jun 9, 2014 8:10am Jun 9, 2014 8:10am
Attached Image (click to enlarge)
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Checking the frequency distribution for the H1 charts indicates 5 pips can be obtained more times than not.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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