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As simple as possible: 00 level trading

  • #1,821
  • Jun 12, 2014 2:13am Jun 12, 2014 2:13am
Quoting Udine
me answering questions here and missed entries on London open... I'm such an idiot... EJ would be loss GJ would be win so to be clear I would be neutral for the day now.. Udine {image}
Good Sir

What is your business to answer questions or to trade?

A good businessman always takes care of business.

Green pips to you always.
  • #1,822
  • Jun 12, 2014 2:14am Jun 12, 2014 2:14am
Updated post 1 with rule 21 !!

21. a mistake is 10 burpees

Udine
Sleep less, live fast, as it aint gonna last
  • #1,823
  • Jun 12, 2014 2:15am Jun 12, 2014 2:15am
Udine,

Do you place EJ pending buy order 138.300 at Londen Open? May I know why if you are not doing so?

Edit: Sorry just saw your post...

Thanks
  • #1,824
  • Jun 12, 2014 2:16am Jun 12, 2014 2:16am
Wow, platform froze for a while there and Wukar didn't trigger my STOP
That's a bit scary and will have to close trade manually for a loss.

Not a great start to the day.

Attached Image (click to enlarge)
Click to Enlarge Name: Platform Issue.png Size: 87 KB
Healthy, Wealthy & Steady!!
  • #1,825
  • Jun 12, 2014 2:16am Jun 12, 2014 2:16am
guys i like to ask a favor from everyone.. when you mention your loss please give the exact amount in pips, it be helpful to figure out our trail management skill..

for me ej was full -10 loss as it gave not chance of to do anything, it shot straight down.
Passion, Persist, Patience, Protect
  • #1,826
  • Jun 12, 2014 2:17am Jun 12, 2014 2:17am
Quoting Udine
Burpees done !! Udine
Sorry to say it, but I am glad that I got the same entry and eventual loss as everyone else, means to me that I am doing it correctly...

As for Burpees, the only kind I do is after a cold one, and it's to early for that

H
  • #1,827
  • Jun 12, 2014 2:20am Jun 12, 2014 2:20am
Quoting sam2vt
Udine, Do you place EJ pending buy order 138.300 at Londen Open? May I know why if you are not doing so? Thanks

I should have done, but I was answering [post on the thread..

I just installed a 1H alarm, so i never miss a new hour again...

Udine
Attached File(s)
File Type: ex4 Candle Close Alarm.ex4   6 KB | 709 downloads
Sleep less, live fast, as it aint gonna last
  • #1,828
  • Jun 12, 2014 2:21am Jun 12, 2014 2:21am
Quoting Udine
me answering questions here and missed entries on London open... I'm such an idiot... EJ would be loss GJ would be win so to be clear I would be neutral for the day now.. Udine {image}

I hate to see you miss anything.. make your trades a priority brother.

maybe it's better for the folks to ask your questions before londi open and defiantly not the 1st 2hours of London open.. or at least not in the 1st 15 min of the each hour.. just a suggestion, don't mean to offend anyone by no means.
Passion, Persist, Patience, Protect
  • #1,829
  • Jun 12, 2014 2:21am Jun 12, 2014 2:21am
Quoting SunnyFx2002
Wow, platform froze for a while there and Wukar didn't trigger my STOP That's a bit scary and will have to close trade manually for a loss. Not a great start to the day. {image}
That's why I added the "emergency SL" to pannet's EA.
  • #1,830
  • Jun 12, 2014 2:22am Jun 12, 2014 2:22am
Quoting Udine
{quote} I should have done, but I was answering [post on the thread.. I just installed a 1H alarm, so i never miss a new hour again... Udine {file}
good idea I have that too.. so necessary for this method.
Passion, Persist, Patience, Protect
  • #1,831
  • Jun 12, 2014 2:25am Jun 12, 2014 2:25am
Quoting FXEmpire
{quote} good idea I have that too.. so necessary for this method.
looks like two more burpees on GJ and GU
  • #1,832
  • Jun 12, 2014 2:27am Jun 12, 2014 2:27am
Quoting FXEmpire
{quote} I hate to see you miss anything.. make your trades a priority brother. maybe it's better for the folks to ask your questions before londi open and defiantly not the 1st 2hours of London open.. or at least not in the 1st 15 min of the each hour.. just a suggestion, don't mean to offend anyone by no means.

dont matter, there will be plenty opportunities...

from a mathematical pojnt of view:

say 8 hours of trading = 8 possible trading opportunities per pair * 2 pairs = 16 opportunities (4 pairs = 32 opportunities)

now I should be able to make 2 * 5 pips out of those dont I ??

that is why I dont feel any rush to start trading, I know the opportunities are out there...

Udine
Sleep less, live fast, as it aint gonna last
  • #1,833
  • Jun 12, 2014 2:28am Jun 12, 2014 2:28am
Quoting FerruFx
{quote} While waiting for the info, I set my pending at the 1st one (the closest one) ... then 3 min later got the TP !!! GJ ... Thank you for your clear answer.
your welcome
Sleep less, live fast, as it aint gonna last
  • #1,834
  • Jun 12, 2014 2:29am Jun 12, 2014 2:29am
Quoting ericjschroed
{quote} That's why I added the "emergency SL" to pannet's EA.
This thread is moving so fast I must have missed the "new" EA.

I'll go back and take another look again.

Cheers
Healthy, Wealthy & Steady!!
  • #1,835
  • Jun 12, 2014 2:29am Jun 12, 2014 2:29am
Quoting ericjschroed
{quote} That's why I added the "emergency SL" to pannet's EA.
Eric,
Can you please add the stealth trailing SL to your EA. It would be so ideal, brother.
  • #1,836
  • Jun 12, 2014 2:30am Jun 12, 2014 2:30am
Quoting SmoothTrader
{quote} Good Sir What is your business to answer questions or to trade? A good businessman always takes care of business. Green pips to you always.

agreed !!

counter measures taken

Udine
Sleep less, live fast, as it aint gonna last
  • #1,837
  • Jun 12, 2014 2:31am Jun 12, 2014 2:31am
Quoting Udine
{quote} dont matter, there will be plenty opportunities... from a mathematical pojnt of view: say 8 hours of trading = 8 possible trading opportunities per pair * 2 pairs = 16 opportunities (4 pairs = 32 opportunities) now I should be able to make 2 * 5 pips out of those dont I ?? that is why I dont feel any rush to start trading, I know the opportunities are out there... Udine
You should put that on the first post as well as the word doc Udine. That's a great point for all newbies.
  • #1,838
  • Jun 12, 2014 2:34am Jun 12, 2014 2:34am
Udine, no hurry on this question and apologize if this has already been covered, although I think I've followed everything pretty well so far.

I like your rule that if you have 1 winning/losing trade per hour you'll wait for the next hour to open.

Can I clarify, does that apply to a single pair?
For example, if you have a win on GJ in this current hour, will you still have a pending trade open on EJ if the conditions are met?

Hope that makes sense.
Healthy, Wealthy & Steady!!
  • #1,839
  • Jun 12, 2014 2:36am Jun 12, 2014 2:36am
Quoting MKFXTrader
{quote} You should put that on the first post as well as the word doc Udine. That's a great point for all newbies.

done
Sleep less, live fast, as it aint gonna last
  • #1,840
  • Jun 12, 2014 2:37am Jun 12, 2014 2:37am
Quoting SunnyFx2002
Udine, no hurry on this question and apologize if this has already been covered, although I think I've followed everything pretty well so far. I like your rule that if you have 1 winning/losing trade per hour you'll wait for the next hour to open. Can I clarify, does that apply to a single pair? For example, if you have a win on GJ in this current hour, will you still have a pending trade open on EJ if the conditions are met? Hope that makes sense.

correct

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