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As simple as possible: 00 level trading

  • #1,101
  • Jun 10, 2014 2:22am Jun 10, 2014 2:22am
Quoting Jeffray
{quote} divergence is not part of this strategie...
baby pips

Jeffray, You are a moderator of this thread?
Adaptarse es la clave
  • #1,102
  • Jun 10, 2014 2:27am Jun 10, 2014 2:27am
Hello Udine!

Question:
in rule you say: Re-Entry only on retrace!,,,, how do you define this, when do you enter again?

I hope i dident miss any post that you already been talking about it,, I think i read all in here,,

Happy Trading All,,
  • #1,103
  • Jun 10, 2014 2:27am Jun 10, 2014 2:27am
Quoting Zokynho
{quote} This was really risky trade 5 pips before big number! Trade safe! Regards!
thkx for advice. I would be more careful next time
  • #1,104
  • Jun 10, 2014 2:31am Jun 10, 2014 2:31am
Udine and E/U traders,
There's a one Billion dollar option expiry today on E/U at 1.3600. Just FYI.
  • #1,105
  • Jun 10, 2014 2:31am Jun 10, 2014 2:31am
EURUSD long
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd long udine.PNG Size: 48 KB
Adaptarse es la clave
  • #1,106
  • Jun 10, 2014 2:34am Jun 10, 2014 2:34am
One down one to go..

GJ to TP
Attached Image
Sleep less, live fast, as it aint gonna last
  • #1,107
  • Jun 10, 2014 2:34am Jun 10, 2014 2:34am
2 trades taken till now on GBP/JPY

1. trade was lost -10 because didn't know about 30,40,50 rule at Frankfurt
2. second trade was winner +5 according to rules

Regards!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpym3.png Size: 40 KB
  • #1,108
  • Jun 10, 2014 2:35am Jun 10, 2014 2:35am
Today trade 2: Gj target hit

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-06-10_GJ_02_TARGET.png Size: 75 KB
Healthy, Wealthy & Steady!!
  • #1,109
  • Jun 10, 2014 2:35am Jun 10, 2014 2:35am
gj TP hit.
done for this session.
  • #1,110
  • Jun 10, 2014 2:37am Jun 10, 2014 2:37am
Quoting elcurioso
{quote} baby pips Jeffray, You are a moderator of this thread?

no problem, adjust it to make it fit your personality... but... only to make profit consistently

Udine
Sleep less, live fast, as it aint gonna last
  • #1,111
  • Jun 10, 2014 2:38am Jun 10, 2014 2:38am
Quoting KennyForex
Hello Udine! Question: in rule you say: Re-Entry only on retrace!,,,, how do you define this, when do you enter again? I hope i dident miss any post that you already been talking about it,, I think i read all in here,, Happy Trading All,,

has been mentioned already in the thread..

retrace.. price going back to above 00 level, and the next hour you enter at that same 00 level... but only the next hour, not the same hour as the first trade on that level

Udine
Sleep less, live fast, as it aint gonna last
  • #1,112
  • Jun 10, 2014 2:38am Jun 10, 2014 2:38am
Now less than 1 hour before RED NEWS due on GBP.

Time for dinner where I am.
Healthy, Wealthy & Steady!!
  • #1,113
  • Jun 10, 2014 2:39am Jun 10, 2014 2:39am
Quoting MKFXTrader
Udine and E/U traders, There's a one Billion dollar option expiry today on E/U at 1.3600. Just FYI.

thx for the info..

Not trading EU though... (but might affect the EJ though)

thx again

Udine
Sleep less, live fast, as it aint gonna last
  • #1,114
  • Jun 10, 2014 2:40am Jun 10, 2014 2:40am
Another risky trade around 000 level. with a trailing stop at 2.5 pips
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyim5.png Size: 47 KB
  • #1,115
  • Jun 10, 2014 2:40am Jun 10, 2014 2:40am
Quoting SunnyFx2002
Now less than 1 hour before RED NEWS due on GBP. Time for dinner where I am.

What are we having for dinner ???

nahhh too early for me ..

enjoy

Udine
Sleep less, live fast, as it aint gonna last
  • #1,116
  • Jun 10, 2014 2:41am Jun 10, 2014 2:41am
Quoting ericjschroed
{quote} no problem. We will see what happens at London.
Hmm, combined EA did not move to BE or trailing, or even TP! Will keep checking.
  • #1,117
  • Jun 10, 2014 2:41am Jun 10, 2014 2:41am
Quoting ckikadikoi
Another risky trade around 000 level. with a trailing stop at 2.5 pips {image}

in my book (but your free to write your own), the .100 or even .050 are NOT levels to short !!

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #1,118
  • Jun 10, 2014 2:43am Jun 10, 2014 2:43am
Quoting Udine
{quote} no problem, adjust it to make it fit your personality... but... only to make profit consistently Udine
I opened the trade with the rules (I think, a buy stop at GBPUSD). Then I saw the divergence and I have concluded that the operation would probably be bad, at least 10 pips stopLOSS. I do not understand who wants Jeffray.

Thanks for this great thread Udine and all the advice you give. You're a great person.
Adaptarse es la clave
  • #1,119
  • Jun 10, 2014 2:43am Jun 10, 2014 2:43am
Quoting Udine
One down one to go.. GJ to TP
Udine,

Was your pending entry order in place at the London open, or do you give the market a couple minutes to settle, then enter your order?

Thanks for a great thread.

dwt51
  • #1,120
  • Jun 10, 2014 2:44am Jun 10, 2014 2:44am
ok

I'll post the trade in accordance with the rules, so that it does not result in other error
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