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As simple as possible: 00 level trading

  • #2,341
  • Jun 13, 2014 6:11am Jun 13, 2014 6:11am
Quoting ckikadikoi
+5 for me too !! {image}
nice job ckika.. you did it within the rules vs me,, and thats nice
Passion, Persist, Patience, Protect
  • #2,342
  • Jun 13, 2014 6:11am Jun 13, 2014 6:11am
Quoting jmflukeiii
{quote} What are the blue boxes are your chart?
Try to find some range and where are possible break but its not in the rules of this thread

and its a tool of mt4 not an automatic thing
  • #2,343
  • Jun 13, 2014 6:12am Jun 13, 2014 6:12am
Quoting pj9999
{quote} How do you mean?? Eg...if i buy at 10 get filled at 11 and tp at 16????
nope

pending order at 100, spread is 1 so tp = not 150 but 160

Udine
Sleep less, live fast, as it aint gonna last
  • #2,344
  • Jun 13, 2014 6:12am Jun 13, 2014 6:12am
Quoting ckikadikoi
{quote} Try to find some range and where are possible break but its not in the rules of this thread and its a tool of mt4 not an automatic thing
Got it -
Small disciplines repeated with consistency lead to great achievements.
  • #2,345
  • Jun 13, 2014 6:13am Jun 13, 2014 6:13am
Quoting FXEmpire
{quote} if you buy for those two instead of your wife... than I buy for your wife.. be careful, lol
Weel, she costs a lot !!
Trade Safe !
  • #2,346
  • Jun 13, 2014 6:13am Jun 13, 2014 6:13am
and another thing .. i use try to use the rules to enter

as you see ... .00 green candle .. etc etc
  • #2,347
  • Jun 13, 2014 6:13am Jun 13, 2014 6:13am
Quoting pj9999
it seems most people are profitable using this strategy
i guess as usual many who lose don't write about it at all, also time will tell, you can't really say someone is profitable after few days of trading
i'm also on the red side right now
  • #2,348
  • Jun 13, 2014 6:14am Jun 13, 2014 6:14am
I'm glad you guys are having fun and getting them green pips !!

Udine
Sleep less, live fast, as it aint gonna last
  • #2,349
  • Jun 13, 2014 6:14am Jun 13, 2014 6:14am
Quoting Udine
{quote} nope pending order at 100, spread is 1 so tp = not 150 but 160 Udine
You shouldn't need to adjust it for spread. You just set your BUY order for example at 100, it will get filled when the ask hits 100, and then target at 150, and that will be filled when the bid hits 150. So your profit will always be 5 pips as long as you set your PT at 5 pips from entry. Of course this would be different if you were waiting until the BID crossed the 00 line, in which case you ask would be 100 + spread, in which case your profit target would need to be 150 + spread.

But I believed that we were setting pending orders on the buy side for when the ASK hits the 00 line (not the BID). No?
Small disciplines repeated with consistency lead to great achievements.
  • #2,350
  • Jun 13, 2014 6:15am Jun 13, 2014 6:15am
Quoting ckikadikoi
{quote} Try to find some range and where are possible break but its not in the rules of this thread and its a tool of mt4 not an automatic thing
could you please put the indi of break please
  • #2,351
  • Jun 13, 2014 6:15am Jun 13, 2014 6:15am
Quoting messiahua
{quote} i guess as usual many who lose don't write about it at all, also time will tell, you can't really say someone is profitable after few days of trading i'm also on the red side right now

post charts of the trades.. might help

Udine
Sleep less, live fast, as it aint gonna last
  • #2,352
  • Jun 13, 2014 6:16am Jun 13, 2014 6:16am
Quoting FXEmpire
{quote} nice job ckika.. you did it within the rules vs me,, and thats nice
thxs ..
  • #2,353
  • Jun 13, 2014 6:18am Jun 13, 2014 6:18am
Quoting messiahua
{quote} i guess as usual many who lose don't write about it at all, also time will tell, you can't really say someone is profitable after few days of trading i'm also on the red side right now
this week, i am break even, last two days ate away the 6% profit i made.....
  • #2,354
  • Jun 13, 2014 6:22am Jun 13, 2014 6:22am
Quoting messiahua
{quote} i guess as usual many who lose don't write about it at all, also time will tell, you can't really say someone is profitable after few days of trading i'm also on the red side right now
Am Red too
  • #2,355
  • Jun 13, 2014 6:22am Jun 13, 2014 6:22am
Quoting mathprav
{quote} this week, i am break even, last two days ate away the 6% profit i made.....

patience it will come..

check during the weekend all your trades and see if you made any mistakes...
but yesterday was a very difficult day, so dont think about it too much

Udine

Edit: assuming everybody did set up a trading journal !!!!
Sleep less, live fast, as it aint gonna last
  • #2,356
  • Jun 13, 2014 6:23am Jun 13, 2014 6:23am
The first 3 days of the week, only few TS were hit and only 1 SL, but after that it changed
thursday and friday, almost 10 TS Trades( -ve due to the commission) and 6 wins and 5 SL ( todays SL were unfortunate ones, bcos of which i did'nt trade the next few setups where it jumped 20 pips for jpy pairs)....
  • #2,357
  • Jun 13, 2014 6:24am Jun 13, 2014 6:24am
Good day everybody!

Can I get link to the last files of this strategy (indicators, templates,...)?

I'll be grateful. Thanks!
  • #2,358
  • Jun 13, 2014 6:25am Jun 13, 2014 6:25am
Udine, I'm not sure if this question is already answered: when do you cancel an order if it is not triggered ?
  • #2,359
  • Jun 13, 2014 6:27am Jun 13, 2014 6:27am
looking for somebody who can convert the afl code and make it into a mt4 scanner
  • #2,360
  • Jun 13, 2014 6:27am Jun 13, 2014 6:27am
Quoting Traffex
Udine, I'm not sure if this question is already answered: when do you cancel an order if it is not triggered ?

yes i might forget it, so when its not going to be triggered, I cancel it..

I can easily set a pending order so dont lose time over it..

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