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As simple as possible: 00 level trading

  • #2,781
  • Jun 16, 2014 6:43am Jun 16, 2014 6:43am
Quoting MKFXTrader
{quote} He bought E/A at the top of the move. PA already moved 40 pips after ECB news release.
No one knows its the "top of the move" when its occurring. That is hindsight analysis.

He bought the second level during the same hour.
Small disciplines repeated with consistency lead to great achievements.
  • #2,782
  • Jun 16, 2014 6:46am Jun 16, 2014 6:46am
Quoting jmflukeiii
{quote} No one knows its the "top of the move" when its occurring. That is hindsight analysis. He bought the second level during the same hour.
Yes but even so, he entered late. His entry should've been at the 40 or 50 line for the scalp, not the 60. PA already moved.
  • #2,783
  • Jun 16, 2014 7:01am Jun 16, 2014 7:01am
Pending order on GJ @173.000...lets see
  • #2,784
  • Jun 16, 2014 7:14am Jun 16, 2014 7:14am
Quoting giulius777
Pending order on GJ @173.000...lets see
Same for me, keep fingers crossed now...
  • #2,785
  • Jun 16, 2014 7:21am Jun 16, 2014 7:21am
GJ out by TS

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #2,786
  • Jun 16, 2014 7:23am Jun 16, 2014 7:23am
Quoting Udine
GJ out by TS Udine {image}
Same here.
Wait for another hour and see if opportunity arises...
  • #2,787
  • Jun 16, 2014 7:33am Jun 16, 2014 7:33am
A goodie from my toolbox for those of you working with multiple monitors / laptop with TV or 2nd monitor.
Beware, this has a low WAF factor...

When you drop the script on any open chart, you can drag the chart completely "out of the MT4 software" to a monitor/TV of choice.
Re-insert chart by pressing "Re-dock" top left.
Attached File(s)
File Type: ex4 IBFX - Undock chart.ex4   2 KB | 325 downloads
  • #2,788
  • Jun 16, 2014 7:34am Jun 16, 2014 7:34am
Quoting giulius777
Pending order on GJ @173.000...lets see
Stopped right now by TS
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh1.png Size: 18 KB
  • #2,789
  • Jun 16, 2014 7:35am Jun 16, 2014 7:35am
Quoting flx69
A goodie from my toolbox for those of you working with multiple monitors / laptop with TV or 2nd monitor. Beware, this has a low WAF factor... When you drop the script on any open chart, you can drag the chart completely "out of the MT4 software" to a monitor/TV of choice. Re-insert chart by pressing "Re-dock" top left. {file}
I tried to use this previously on my FXCM MT4, but it says I must use IBFX. Does your version work on any broker?
Small disciplines repeated with consistency lead to great achievements.
  • #2,790
  • Jun 16, 2014 7:38am Jun 16, 2014 7:38am
Quoting jmflukeiii
{quote} I tried to use this previously on my FXCM MT4, but it says I must use IBFX. Does your version work on any broker?
AFAIK yes.
Armada & Alpari MT4 build 646 versions no problem.
  • #2,791
  • Jun 16, 2014 7:42am Jun 16, 2014 7:42am
Quoting flx69
{quote} AFAIK yes. Armada & Alpari MT4 build 646 versions no problem.
Live or demo? I'll give it a shot. Haven't had success before.
Small disciplines repeated with consistency lead to great achievements.
  • #2,792
  • Jun 16, 2014 7:45am Jun 16, 2014 7:45am
Quoting jmflukeiii
{quote} Live or demo? I'll give it a shot. Haven't had success before.
3 live accounts on different PCs, works no problem for me.
Just copy & paste into the scripts folder and restart your platform.
Iīd be surprised if it doesnīt work, if it doesnīt itīs maybe because your broker has a proprietary tool to do the same...
  • #2,793
  • Jun 16, 2014 7:46am Jun 16, 2014 7:46am
With my current working/sleeping schedule, i can get 4 - 6 trade opportunities at the start of the US open (2-3 hour candle opens on 2 pairs --> GJ, EJ)

Today's results:

GJ short at New York open: TS hit +0.5 pips
EJ long next hour: TS hit at +0.7 pips

could not trade recent GJ short.

2 TS is better than 1 SL! And tomorrow is another day.
Remember that guy who gave up? Neither does anyone else.
  • #2,794
  • Jun 16, 2014 7:50am Jun 16, 2014 7:50am
Quoting Sagramor
With my current working/sleeping schedule, i can get 4 - 6 trade opportunities at the start of the US open (2-3 hour candle opens on 2 pairs --> GJ, EJ) Today's results: GJ short at New York open: TS hit +0.5 pips EJ long next hour: TS hit at +0.7 pips could not trade recent GJ short. 2 TS is better than 1 SL! And tomorrow is another day.
Do you happen to live on the west coast of the US?
Small disciplines repeated with consistency lead to great achievements.
  • #2,795
  • Jun 16, 2014 7:53am Jun 16, 2014 7:53am
Quoting jmflukeiii
{quote} Do you happen to live on the west coast of the US?
Close -- in Idaho. Famous Potatoes!
Remember that guy who gave up? Neither does anyone else.
  • #2,796
  • Jun 16, 2014 7:58am Jun 16, 2014 7:58am
Quoting Sagramor
{quote} Close -- in Idaho. Famous Potatoes!
Washington state for me - similar schedule as well - if you can, try looking at the Tokyo open, about 5 PM for a couple hours [you are PST time zone right?].

Done for today, 13 pips after a number of trail stops and two wins.
Small disciplines repeated with consistency lead to great achievements.
  • #2,797
  • Jun 16, 2014 8:09am Jun 16, 2014 8:09am
2 more wins... both EJ and GJ to TP !!

Udine
Attached Image (click to enlarge)
Click to Enlarge Name: 140616 2 more.jpg Size: 234 KB
Sleep less, live fast, as it aint gonna last
  • #2,798
  • Jun 16, 2014 8:13am Jun 16, 2014 8:13am
Quoting mm2mm
{quote} u chickened out... U abandoned ur idea, Never proved wrong or right. TS would have been much better anyway

sonny you got a lot to learn.. this game is not about being right or wrong.. it's a survival game above all.
I live to play again, there is plenty of opportunity that come around which could be clean winners.

however i really don't know why I respond to people like you.
Passion, Persist, Patience, Protect
  • #2,799
  • Jun 16, 2014 8:13am Jun 16, 2014 8:13am
Excuse me guys; but I'm kinda of confused about the EA's. Could you tell me which one of the combo EA's is working properly?

Thank You,
FXGirl21
FXGirl21
  • #2,800
  • Jun 16, 2014 8:18am Jun 16, 2014 8:18am
Quoting FXEmpire
{quote} sonny you got a lot to learn.. this game is not about being right or wrong.. it's a survival game above all. I live to play again, there is plenty of opportunity that come around which could be clean winners. however i really don't know why I respond to people like you.

i agree...

I have about 50 general trading rules, of which I will share the first 2.

1. Dont loose your money to stay in the game
2. Dont forget Rule nr. 1

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