As simple as possible: 00 level trading | Page 166 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

As simple as possible: RENKO M5 trading 75 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple Level Trading 1 reply

Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies

Attachments: As simple as possible: 00 level trading
Exit Attachments

As simple as possible: 00 level trading

  • #3,301
  • Jun 18, 2014 1:17am Jun 18, 2014 1:17am
Quoting Contrax
Hey, you put the order with "UdinesOpenStopOrder"? Or just manually set up the order? and with the EA WUKAR_WB_Trail_v1_3_2e.mq4 ?

I use the original EA's : Wukar and wheelbarrel

For scripts I have my own, which I ownt share sorry..

but the scripts presented I believe hey work as well

Udine
Sleep less, live fast, as it aint gonna last
  • #3,302
  • Jun 18, 2014 1:20am Jun 18, 2014 1:20am
Is it a buy or sell or no trade? How to manage such situations (considering spread) when price is near round number? Usually i simply don't trade, but maybe i'm missing something?
Attached Image (click to enlarge)
Click to Enlarge Name: capture_06182014_091735.jpg Size: 64 KB
  • #3,303
  • Jun 18, 2014 1:22am Jun 18, 2014 1:22am
Quoting messiahua
Is it a buy or sell or no trade? How to manage such situations (considering spread) when price is near round number? Usually i simply don't trade, but maybe i'm missing something? {image}

that my friend:

D1 = green so only long
frankfurt open we trade only .400 /.500/.600 levels.. so in this case apending long @ 138.500 is correct

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #3,304
  • Jun 18, 2014 1:23am Jun 18, 2014 1:23am
GJ out by Trailstop

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #3,305
  • Jun 18, 2014 1:25am Jun 18, 2014 1:25am
Hello Udine. So as from my attached chart, the last hour candle was closed red, but the bias for this pair is bullish, since it is above daily open. As stated in your rules, the H1 candle and the daily must be of the same color, correct me if i am wrong. So in this situation, no trade for the 173.500 level ( Frankfurt open) since last hour close was red? Thank you, hope you can enlighten me a little bit. Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 126 KB
  • #3,306
  • Jun 18, 2014 1:28am Jun 18, 2014 1:28am
Morning everyone. Coffee for all
  • #3,307
  • Jun 18, 2014 1:28am Jun 18, 2014 1:28am
caveat emptor - Frankfurt fakey.
  • #3,308
  • Jun 18, 2014 1:29am Jun 18, 2014 1:29am
Quoting jmflukeiii
{quote} Nice trading - so we have the same broker time zone I believe, would you mind telling me what you use for Sydney and Tokyo open times ?
Thanks jmflukeiii.

Just follow Udine's trading rules.


Regards.-
  • #3,309
  • Jun 18, 2014 1:32am Jun 18, 2014 1:32am
Quoting Jordancee91
Hello Udine. So as from my attached chart, the last hour candle was closed red, but the bias for this pair is bullish, since it is above daily open. As stated in your rules, the H1 candle and the daily must be of the same color, correct me if i am wrong. So in this situation, no trade for the 173.500 level ( Frankfurt open) since last hour close was red. Thank you, hope you can enlighten me a little bit. Thanks {image}

nope the color of the past hour is not important, only the color of the present 1H color is important!!
so you should have a pending long order set @ 173.500

Udine
Sleep less, live fast, as it aint gonna last
  • #3,310
  • Jun 18, 2014 1:35am Jun 18, 2014 1:35am
Quoting Udine
{quote} nope the color of the past hour is not important, only the color of the present 1H color is important!! so you should have a pending long order set @ 173.500 Udine
Thanks Udine!
  • #3,311
  • Jun 18, 2014 1:35am Jun 18, 2014 1:35am
Quoting 2013
Morning everyone. Coffee for all
TP [email protected] +5. Balance +5 for daily target. Waiting [email protected]
  • #3,312
  • Jun 18, 2014 1:36am Jun 18, 2014 1:36am
Quoting 2013
{quote} TP [email protected] +5. Balance +5 for daily target. Waiting [email protected]
Sleep less, live fast, as it aint gonna last
  • #3,313
  • Jun 18, 2014 1:37am Jun 18, 2014 1:37am
Hi Udine,

I have one doubt ?

Generally we should take one trade per hour on first cossing , if it is positive than ok , but suppose if it was SL / BE , Can we take second trade in same hour for same pair Or do we wait for next hour first corssing on same pair.

I want to know, should we restrict to us only one trade per hour irrespective of win or loss in that hour ?

Please advice..


Thanks
  • #3,314
  • Jun 18, 2014 1:38am Jun 18, 2014 1:38am
Quoting ericjschroed
Anyone including Udine (if you have the same Broker GMT offset as Udine) please tell me or PM with brokers I can get a demo account (is it +1 or -1 now?) so I can see the same setup without a lot of coding to modify indis? I am in US so many non-US brokers won't even give me a demo account.
hello everyone.. just now finished reading all the posts.. the only question i have got is about which brokerage udine is using?.. can you eric or anyone PM me..

super strategy UDINE.. thanks for sharing..
  • #3,315
  • Jun 18, 2014 1:40am Jun 18, 2014 1:40am
Gbpjpy +5

thx great system!!!!
  • #3,316
  • Jun 18, 2014 1:43am Jun 18, 2014 1:43am
Buenos días familia,

When using the scripts UdinesOpenBuyStopOrder and UdinesOpenSellStopOrder, I only get the blue mark on my chart where it opened the order.

I don´t see the dotted line, nor the mark on my chart where the order closed.

Is anybody experiencing the same thing or is it just me having this inconvenience ?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 81 KB
  • #3,317
  • Jun 18, 2014 1:44am Jun 18, 2014 1:44am
Quoting 2013
Morning everyone. Coffee for all

THANKS 2014

remember four you Colombian Coffee the best of the word​ and for all
  • #3,318
  • Jun 18, 2014 1:47am Jun 18, 2014 1:47am
Be safe traders. News coming out for GBP one and a half hour later. Green pips to y'all
  • #3,319
  • Jun 18, 2014 1:50am Jun 18, 2014 1:50am
EJ to TP

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #3,320
  • Jun 18, 2014 1:50am Jun 18, 2014 1:50am
Quoting Udine
{quote}
Thanks. EJ+5 done for today. Daily target achieve. Time to see world cup highlights

Quoting Juan007
{quote} THANKS 2014 remember four you Colombian Coffee the best of the word​ and for all
Thank you. Yes coffee is best ever in my life.
6 traders viewing now