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As simple as possible: 00 level trading

  • #1,081
  • Jun 10, 2014 1:51am Jun 10, 2014 1:51am
Quoting Jeffray
{quote} Good example for another Frankfurt fakey
Yep, I'll add this one to my collection.

I like Udine's guidance on this, and will make a note in my trade plan for this set up.
Healthy, Wealthy & Steady!!
  • #1,082
  • Jun 10, 2014 1:55am Jun 10, 2014 1:55am
Quoting jmflukeiii
{quote} I placed demo trades on 6 pairs with your version to test it out - the hidden SL worked, but the profit target and trailing stop didn't work. Perhaps I messed up a setting or something... the one Surf posted above appears to be working great -
Can"t find the said ea from Surf, if you have finds it, kindly help to post it here. thank you
Time always comes before price
  • #1,083
  • Jun 10, 2014 1:59am Jun 10, 2014 1:59am
Quoting jmflukeiii
{quote} Sorry, I meant no offense - I appreciate you even trying. Just wanted to give you my feedback so far -
no problem. We will see what happens at London.
  • #1,084
  • Jun 10, 2014 1:59am Jun 10, 2014 1:59am
Quoting Udine
{quote} Nope, only during Frankfurt open, I dont trade this level... can go any direction... Stay green Udine
Hi Udine,

Sorry to insist, but I want to get this right for my trade log.

1. You do not trade the .000 level at Frankfurt open, because it can go any direction.
2. You do not trade the .000 at London open either ?
Letīs say for the sake of arguing that GJ = at 139.900. Daily = green, hourly = green, plenty of room up, Londonīs been open for 15 min., no spectular news.
You would or would not put in a PO at 140.000 ?

Thanks for clarifying.
  • #1,085
  • Jun 10, 2014 2:02am Jun 10, 2014 2:02am
00 line means the number 00? like 140.00?
Never say no to PIPS
  • #1,086
  • Jun 10, 2014 2:03am Jun 10, 2014 2:03am
Quoting Udine
{quote} Normally I trade Frankfurt open when the price is around the .400/.500/.600 levels otherwise I leave it and wait for London open Stay green Udine
Any suggestions for Tokyo open.

thanks
regards
  • #1,087
  • Jun 10, 2014 2:04am Jun 10, 2014 2:04am
Quoting flx69
{quote} Hi Udine, Sorry to insist, but I want to get this right for my trade log. 1. You do not trade the .000 level at Frankfurt open, because it can go any direction. 2. You do not trade the .000 at London open either ? Letīs say for the sake of arguing that GJ = at 139.900. Daily = green, hourly = green, plenty of room up, Londonīs been open for 15 min., no spectular news. You would or would not put in a PO at 140.000 ? Thanks for clarifying.
Nope only Frankfurt open

At and after London opne I trade the 000 levels

Udine
Sleep less, live fast, as it aint gonna last
  • #1,088
  • Jun 10, 2014 2:06am Jun 10, 2014 2:06am
Quoting lazyegg
00 line means the number 00? like 140.00?

did you read the thread and check the charts ???

000 levels is like 140.000
00 levels is like 140.100 or 139.900

Udine
Sleep less, live fast, as it aint gonna last
  • #1,089
  • Jun 10, 2014 2:06am Jun 10, 2014 2:06am
GBPUSD long
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd long.PNG Size: 74 KB
Adaptarse es la clave
  • #1,090
  • Jun 10, 2014 2:07am Jun 10, 2014 2:07am
Quoting jeetvirk
{quote} Any suggestions for Tokyo open. thanks regards

I sleep during Tokyo open, sorry you have to do your own analysis..

cheers


Udine
Sleep less, live fast, as it aint gonna last
  • #1,091
  • Jun 10, 2014 2:11am Jun 10, 2014 2:11am
gj short order @171.900 with half position size.
  • #1,092
  • Jun 10, 2014 2:12am Jun 10, 2014 2:12am
short pendings set on GBPAUD @ 1.79400 & GBPJPY @ 172.90

for now it looks like they're heading north, but lets see...

EDIT: both orders are triggered! come on baby
  • #1,093
  • Jun 10, 2014 2:15am Jun 10, 2014 2:15am
Hello,

My first trade EURUSD on ecn demo account

I know its not a 00 RN but 05 is fine for me
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdim5.png Size: 36 KB
  • #1,094
  • Jun 10, 2014 2:18am Jun 10, 2014 2:18am
Quoting elcurioso
GBPUSD long {image}
Probable bad trade (for stoploss=10): divergence
Attached Image (click to enlarge)
Click to Enlarge Name: divergence.PNG Size: 80 KB
Adaptarse es la clave
  • #1,095
  • Jun 10, 2014 2:18am Jun 10, 2014 2:18am
You guys are asking a lot of redundant questions that have been answered more then a few dozen times. If you just took the time to read the thread, or at LEAST read the attachment from the first page, you would have a clearer picture. It isn't rocket science. Stop over complicating things and asking the same questions.
  • #1,096
  • Jun 10, 2014 2:19am Jun 10, 2014 2:19am
Quoting elcurioso
{quote} Probable bad trade (for stoploss=10): divergence {image}
Bad trade lose
Attached Image (click to enlarge)
Click to Enlarge Name: bad trade lose.PNG Size: 81 KB
Adaptarse es la clave
  • #1,097
  • Jun 10, 2014 2:19am Jun 10, 2014 2:19am
GA hit TP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD.PNG Size: 64 KB
  • #1,098
  • Jun 10, 2014 2:19am Jun 10, 2014 2:19am
With a 1.5 pip spread, my platform went short GJ 26 seconds after the London open and was stopped out just 3 minutes later. Anyone else experience the same?

Hopefully those who stalled until a minute or two after the open will have better luck.

dwt51
  • #1,099
  • Jun 10, 2014 2:20am Jun 10, 2014 2:20am
Quoting elcurioso
{quote} Bad trade lose {image}
divergence is not part of this strategie...
  • #1,100
  • Jun 10, 2014 2:22am Jun 10, 2014 2:22am
Quoting ckikadikoi
Hello, My first trade EURUSD on ecn demo account I know its not a 00 RN but 05 is fine for me {image}
This was really risky trade 5 pips before big number!

Trade safe!

Regards!
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