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As simple as possible: 00 level trading

  • #3,381
  • Jun 18, 2014 3:25am Jun 18, 2014 3:25am
Quoting flx69
{quote} I have experienced the same thing. ThereŽs only 1 solution: change broker... Pending orders at a minimum distance of 10 pips - imposed by your broker - donŽt allow you to trade this system efficiently.

correct for this method and to be better off overall is to have broker with no pending order distance limitation.. gotta be zero.
Passion, Persist, Patience, Protect
  • #3,382
  • Jun 18, 2014 3:28am Jun 18, 2014 3:28am
Udine, if you are out by TS, do you have a net profit, if you allow commision ?
  • #3,383
  • Jun 18, 2014 3:31am Jun 18, 2014 3:31am
If is GBP RED NEWS, u can trade other pairs like EJ? or just stop trading for that moment all the pairs?
  • #3,384
  • Jun 18, 2014 3:32am Jun 18, 2014 3:32am
Quoting Udine
{quote} I leave the pending where it is, which is NOT breaking the RULES !!! Udine
Udine,

Ok, I thought that such a move would be considered as a double level cross. But the level cross is actually seen from the opening of the hour. Thanks for your clarification.

Archie
  • #3,385
  • Jun 18, 2014 3:34am Jun 18, 2014 3:34am
Quoting Traffex
Udine, if you are out by TS, do you have a net profit, if you allow commision ?
neutral or very small profit

Udine
Sleep less, live fast, as it aint gonna last
  • #3,386
  • Jun 18, 2014 3:35am Jun 18, 2014 3:35am
Quoting Contrax
If is GBP RED NEWS, u can trade other pairs like EJ? or just stop trading for that moment all the pairs?

Rule 7.
Sleep less, live fast, as it aint gonna last
  • #3,387
  • Jun 18, 2014 3:35am Jun 18, 2014 3:35am
Hi guys - I'm based in the UK and here we are now in BST (British Summer Time = GMT+1), Udine can you advise if you would move the Daily Open to 12am BST or leave it at 12am GMT all year round? I'm trying to think which is more legitimate (i.e a large % of the FX market is based in London and would they adjust for BST?) - also with the pairs we trade would people be looking at the GMT close?

Alas it makes quite a difference to trades taken - any other UK traders have an opinion on this either in this thread or elsewhere?
Cheers
  • #3,388
  • Jun 18, 2014 3:36am Jun 18, 2014 3:36am
Scusami udine in un post avevi scritto che avevi un indicatore che in automatico ti calcola la size puoi dirmi come si chiama grazie .

Sorry Udine in a post you wrote that you were an indicator that automatically calculates the size you can tell me what it's called, thanks.
  • #3,389
  • Jun 18, 2014 3:38am Jun 18, 2014 3:38am
Quoting messiah01
Hi guys - I'm based in the UK and here we are now in BST (British Summer Time = GMT+1), Udine can you advise if you would move the Daily Open to 12am BST or leave it at 12am GMT all year round? I'm trying to think which is more legitimate (i.e a large % of the FX market is based in London and would they adjust for BST?) - also with the pairs we trade would people be looking at the GMT close? Alas it makes quite a difference to trades taken - any other UK traders have an opinion on this either in this thread or elsewhere? Cheers

will leave it as it is... that 1 hour wont make a big difference..

Udine
Sleep less, live fast, as it aint gonna last
  • #3,390
  • Jun 18, 2014 3:39am Jun 18, 2014 3:39am
Quoting angeloarc
Scusami udine in un post avevi scritto che avevi un indicatore che in automatico ti calcola la size puoi dirmi come si chiama grazie . Sorry Udine in a post you wrote that you were an indicator that automatically calculates the size you can tell me what it's called, thanks.

It is in my scripts, which I wont share sorry..

Udine
Sleep less, live fast, as it aint gonna last
  • #3,391
  • Jun 18, 2014 3:43am Jun 18, 2014 3:43am
OK don't worry and thank you.


someone can tell me why I get this error?
http://i58.tinypic.com/2v0ej9t.png
  • #3,392
  • Jun 18, 2014 3:44am Jun 18, 2014 3:44am
Quoting angeloarc
Scusami udine in un post avevi scritto che avevi un indicatore che in automatico ti calcola la size puoi dirmi come si chiama grazie . Sorry Udine in a post you wrote that you were an indicator that automatically calculates the size you can tell me what it's called, thanks.
indicatore è l'ind dimensione postion
mettendo foglio excel con i risultati anche in grado di conoscere la dimensione del lotto
Attached File(s)
File Type: mq4 PositionSizeCalculator.mq4   13 KB | 427 downloads
File Type: ex4 PositionSizeCalculator.ex4   23 KB | 377 downloads
File Type: xlsx Account Tracking FF_V2.xlsx   384 KB | 617 downloads
  • #3,393
  • Jun 18, 2014 3:44am Jun 18, 2014 3:44am
Quoting angeloarc
Scusami udine in un post avevi scritto che avevi un indicatore che in automatico ti calcola la size puoi dirmi come si chiama grazie . Sorry Udine in a post you wrote that you were an indicator that automatically calculates the size you can tell me what it's called, thanks.
Angeloarc, if you go back in the thread, youŽll find a position size calculator that one of the members kindly posted.
I donŽt know on which page, but I am confident youŽll find it...
  • #3,394
  • Jun 18, 2014 3:45am Jun 18, 2014 3:45am
Quoting angeloarc
OK don't worry and thank you. someone can tell me why I get this error? {image}

no idea

contact the coder

Udine
Sleep less, live fast, as it aint gonna last
  • #3,395
  • Jun 18, 2014 3:55am Jun 18, 2014 3:55am
Quoting Udine
{quote} no idea contact the coder Udine

Udine... yesterday you said that someone will come to your house to trade with you...did he show up?
  • #3,396
  • Jun 18, 2014 3:56am Jun 18, 2014 3:56am
Quoting angeloarc
OK don't worry and thank you. someone can tell me why I get this error? {image}
angelo,
you can only open text files (with file extension .mq4). in this case you are trying to open ex4 (which is like executable), and closed source. hence you cant open and read.
  • #3,397
  • Jun 18, 2014 3:57am Jun 18, 2014 3:57am
Quoting angeloarc
OK don't worry and thank you. someone can tell me why I get this error? {image}
It is an ex4 file that you are trying to compile. Needs to be an mq4 file.
  • #3,398
  • Jun 18, 2014 4:00am Jun 18, 2014 4:00am
Hi friends.
I'm writing from Italy, so sorry for my english
I'm starting now with this strategy, thinking it sames really good. So thanks Udine for share and thank all of you for replies.
Now, I've just insert a pending buy in EJ at 138.60 SL 138.50 TP 138.65, TS 35 points. Is it correct?
Thanks
  • #3,399
  • Jun 18, 2014 4:02am Jun 18, 2014 4:02am
Quoting NewToForex14
{quote} Udine... yesterday you said that someone will come to your house to trade with you...did he show up?

not yet.. surprisingly..

Udine
Sleep less, live fast, as it aint gonna last
  • #3,400
  • Jun 18, 2014 4:06am Jun 18, 2014 4:06am
Quoting Udine
{quote} not yet.. surprisingly.. Udine
Hi Udine, if I may ask, do you find that EJ & GJ tend to move in the same direction a lot of the times given that JPY is the common thread? There may be a disconnect sometimes due to news (today is a case in point)...But, I guess what I am driving at, if you suffer losses on the one pair, will the other pair not follow suit? I guess not, otherwise you would not still be trading them hey?

CHeers

H
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