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As simple as possible: 00 level trading

  • #1,501
  • Jun 11, 2014 4:36am Jun 11, 2014 4:36am
Quoting FabioMatrix
hi Udine Something is going wrong... and i don't know what here 1 example {image} {image}

trading during the news is tricky as:

1. the spread can increase so the TP might NOT be reached
2. the price moves so fast the EA for the TS or TP are not able to react fast enough..

Under normal conditions the EA's doe their job correctly

Cheers Udine
Sleep less, live fast, as it aint gonna last
  • #1,502
  • Jun 11, 2014 4:37am Jun 11, 2014 4:37am
Quoting Udine
Bonus on EJ {image} why traded the EJ and not the GJ ?? the EJ was nicely trending and no news... Udine

exactly... I spotted that gj valid setup but passed since it was still jittery on the news...
Passion, Persist, Patience, Protect
  • #1,503
  • Jun 11, 2014 4:40am Jun 11, 2014 4:40am
Quoting FXEmpire
{quote} exactly... I spotted that gj valid setup but passed since it was still static on the news...
Sleep less, live fast, as it aint gonna last
  • #1,504
  • Jun 11, 2014 4:40am Jun 11, 2014 4:40am
Quoting FabioMatrix
hi Udine Something is going wrong... and i don't know what here 1 example {image} {image}
Fabio,
Take 15 min candle so you can see more opportunities. At the end of 1 hr candle mostly you have a change in the trend.
  • #1,505
  • Jun 11, 2014 4:40am Jun 11, 2014 4:40am
Udine, thanks again for your wonderful method. A clear concept, much opportunities with limited amount of time, ideal for my daily routine.
  • #1,506
  • Jun 11, 2014 4:43am Jun 11, 2014 4:43am
Quoting pannet1
{quote} Fabio, Take 15 min candle so you can see more opportunities. At the end of 1 hr candle mostly you have a change in the trend.
you can have the trend change just as easily on the 15tf.. thats of course if you even have a trend with less data on 15 than 1hr.
Passion, Persist, Patience, Protect
  • #1,507
  • Jun 11, 2014 4:46am Jun 11, 2014 4:46am
Hi Udine,

Fantastic system....

What to say... thanks mate
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 32 KB
  • #1,508
  • Jun 11, 2014 4:57am Jun 11, 2014 4:57am
my sell pending set at gj 200lv..

the only thing with this setup is that it at daily low... does it matter udine.. do we care this kind of things? lol
Passion, Persist, Patience, Protect
  • #1,509
  • Jun 11, 2014 4:58am Jun 11, 2014 4:58am
Hi Udine,

Question:

If we miss the first entry ( as shown 1st arrow ), shall we go in on the following candle (2nd arrow)?

The reason asking this question is from the 1st arrow, those went in already secure 5 pips in the bank..
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 36 KB
  • #1,510
  • Jun 11, 2014 5:02am Jun 11, 2014 5:02am
Quoting PureHeart
Hi Udine, Question: If we miss the first entry ( as shown 1st arrow ), shall we go in on the following candle (2nd arrow)? The reason asking this question is from the 1st arrow, those went in already secure 5 pips in the bank.. {image}

I dont..

Udine
Sleep less, live fast, as it aint gonna last
  • #1,511
  • Jun 11, 2014 5:04am Jun 11, 2014 5:04am
Quoting Traffex
{quote} 143.90 ? I think 1.4390
yes, sure
  • #1,512
  • Jun 11, 2014 5:14am Jun 11, 2014 5:14am
Udine,
When we started you said TP = 10 pips and SL = 20 pips. Then in between did it change TP to 5 pips. I am referring to the below post of yours.

http://www.forexfactory.com/showthre...18#post7525618

Kindly enlighten.
  • #1,513
  • Jun 11, 2014 5:18am Jun 11, 2014 5:18am
Quoting pannet1
Udine, When we started you said TP = 10 pips and SL = 20 pips. Then in between did it change TP to 5 pips. I am referring to the below post of yours. http://www.forexfactory.com/showthre...18#post7525618 Kindly enlighten.

Please show where I said TP 10 and SL 20

Udine

BTW ever read post 3 ???
Sleep less, live fast, as it aint gonna last
  • #1,514
  • Jun 11, 2014 5:29am Jun 11, 2014 5:29am
Quoting Udine
{quote} Please show where I said TP 10 and SL 20 Udine BTW ever read post 3 ???
Quote from your word document of your first post
-----------
Remember:
10 pips a day is all you need to get rich. (A 1K account with 1 %/day compounding will grow into 1 million in 3 years)

Unquote
----

Well I got confused. You needed target 2 trades in a day of 5 pips, so 2 x 5 = 10 pips. My bad, sorry for asking a stupid question.
  • #1,515
  • Jun 11, 2014 5:30am Jun 11, 2014 5:30am
Quoting pannet1
{quote} Quote from your word document of your first post ----------- Remember: 10 pips a day is all you need to get rich. (A 1K account with 1 %/day compounding will grow into 1 million in 3 years) Unquote ---- Well I got confused. You needed target 2 trades in a day of 5 pips, so 2 x 5 = 10 pips. My bad, sorry for asking a stupid question.

no problem

stay green

Udine
Sleep less, live fast, as it aint gonna last
  • #1,516
  • Jun 11, 2014 5:51am Jun 11, 2014 5:51am
"Success is the small sum of efforts, repeated day in and day out."--Robert Collier
  • #1,517
  • Jun 11, 2014 5:53am Jun 11, 2014 5:53am
Quoting jeetvirk
"Success is the small sum of efforts, repeated day in and day out."--Robert Collier
Sleep less, live fast, as it aint gonna last
  • #1,518
  • Jun 11, 2014 5:56am Jun 11, 2014 5:56am
Pending short GJ @ 171.20
Those who know don't talk. Those who talk don't know.
  • #1,519
  • Jun 11, 2014 5:58am Jun 11, 2014 5:58am
Today trade #5

gj target hit

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-06-11_GJ_05_TARGET.png Size: 58 KB
Healthy, Wealthy & Steady!!
  • #1,520
  • Jun 11, 2014 6:12am Jun 11, 2014 6:12am
Quoting SunnyFx2002
Today trade #5 gj target hit {image}

You were too early

this was the correct entry... (another bonus)

Attached Image


Udine
Sleep less, live fast, as it aint gonna last
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