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As simple as possible: 00 level trading

  • #3,481
  • Jun 18, 2014 6:15am Jun 18, 2014 6:15am
Quoting flx69
{quote} @hugecat Itīs obiously a bummer when your TPīs hit and the broker doesnīt close the transaction. Having said that, what if it were just a millisec spike ? Has this happened more often ? Did you use the EA (that had difficulties in following this spike), cannot see the smiley in your chart ?
Flx, I'm guilty as charged, I don't use EA. I gave up setting it up, Wukar just doesn't want to kick in, when the trade is open. Nevertheless, it doesn't excuse broker for not closing my TP. I haven't had this problem for a week, but today it happened twice - once it was a spike, but it held in the zone for 3 sec, other time it went down more and the trade was still open for about 5-7 sec when I managed to close it manually.
Those who know don't talk. Those who talk don't know.
  • #3,482
  • Jun 18, 2014 6:24am Jun 18, 2014 6:24am
Quoting hugecat
{quote} Flx, I'm guilty as charged, I don't use EA. I gave up setting it up, Wukar just doesn't want to kick in, when the trade is open. Nevertheless, it doesn't excuse broker for not closing my TP. I haven't had this problem for a week, but today it happened twice - once it was a spike, but it held in the zone for 3 sec, other time it went down more and the trade was still open for about 5-7 sec when I managed to close it manually.

Wukar should work..

Udine
Sleep less, live fast, as it aint gonna last
  • #3,483
  • Jun 18, 2014 6:25am Jun 18, 2014 6:25am
Quoting Qed
Ive been doing xagusd for 12 months ,,, b/e overall in real a/c , but this system is the best ive come across ,demo means nothing to me ,, too easy to win all the time ,,no emotion ,
I think Udine has a great system going that's for sure!

The main reason why I'm so interested in it is because of its simple application to what I have planned.

That is to load up at the right time on an entry into silver (large lots if you will looking for small movements of 5 to 10 pips) and I think this system has the potential.

Lets wait and see and in the meantime keep milking the other currencies!

Masterrmind..........
Master your Mind then Master your Trades
  • #3,484
  • Jun 18, 2014 6:29am Jun 18, 2014 6:29am
I gave curriencies away oveer 12 months ago , concentrate on gold silver oil spi200 and dj30 , dj30 has beeen good but I can see this system kicking real goals ,
Whats That? you're trading What?
  • #3,485
  • Jun 18, 2014 6:30am Jun 18, 2014 6:30am
Quoting hugecat
{quote} Flx, I'm guilty as charged, I don't use EA. I gave up setting it up, Wukar just doesn't want to kick in, when the trade is open. Nevertheless, it doesn't excuse broker for not closing my TP. I haven't had this problem for a week, but today it happened twice - once it was a spike, but it held in the zone for 3 sec, other time it went down more and the trade was still open for about 5-7 sec when I managed to close it manually.
Then I suggest put at least Wheelbarrel on one of your charts, with a tight trailing step...
Whatīs the problem you have setting up Wukar ?
Is it the original version or one of the pimped ones ?
  • #3,486
  • Jun 18, 2014 6:30am Jun 18, 2014 6:30am
Quoting HannesJoub
Just to confirm, red news refers to ANY red news, not just the news that relates to the pairs that you are trading, as red news can affect all currencies, yes? H
I am assuming that the question has already been answered elsewhere in the thread, so forgive me for asking again...but really, stop ALL trading on ANY red news, or only the pairs affected by the red news?

Thanks & cheers

H
  • #3,487
  • Jun 18, 2014 6:34am Jun 18, 2014 6:34am
Quoting HannesJoub
{quote} I am assuming that the question has already been answered elsewhere in the thread, so forgive me for asking again...but really, stop ALL trading on ANY red news, or only the pairs affected by the red news? Thanks & cheers H

READ THE RULES:

7. No trading 1 hour before RED NEWS on the pair
8. No trading for 30 minutes after RED NEWS on the pair
Sleep less, live fast, as it aint gonna last
  • #3,488
  • Jun 18, 2014 6:36am Jun 18, 2014 6:36am
@Udine
GJ almost at max. ADR, due to a phenomenal spike (screenhot).
Question: do you discard this 68 pip peak or would you stick to the rules. No room in ADR, no trade ?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
  • #3,489
  • Jun 18, 2014 6:38am Jun 18, 2014 6:38am
Thanks Udine, I understand your frustration, but my indicator / rules did not specify "on the pair"...I have updated it though.

Thanks again

H
  • #3,490
  • Jun 18, 2014 6:38am Jun 18, 2014 6:38am
Quoting flx69
@Udine GJ almost at max. ADR, due to a phenomenal spike (screenhot). Question: do you discard this 68 pip peak or would you stick to the rules. No room in ADR, no trade ? {image}

DISCIPLINE = RULES RULE !!

Udine
Sleep less, live fast, as it aint gonna last
  • #3,491
  • Jun 18, 2014 6:41am Jun 18, 2014 6:41am
If In DOUBT , READ THE RULES .................RE-READ the RULES
Whats That? you're trading What?
  • #3,492
  • Jun 18, 2014 6:43am Jun 18, 2014 6:43am
OK Sensei.

That leaves one more possible EJ bonus trade at NY Open, and the rest o/t afternoon rummaging through the H1 chart history.
  • #3,493
  • Jun 18, 2014 6:44am Jun 18, 2014 6:44am
Quoting Udine
{quote} Wukar should work.. Udine
Udine, I understand that Wukar cannot work at the same time with Wheelbarrel - right? Wheelbarrel is responsible for TS, so in order to activate it I just have to have it open before the trade - right? At least this is what I'm doing and it doesn't kick in...
Thanx for the help.
Those who know don't talk. Those who talk don't know.
  • #3,494
  • Jun 18, 2014 6:47am Jun 18, 2014 6:47am
It will, but on a separate chart.

Stick it on a XAUUSD chart, or any other pair you donīt trade.
It will manage trailing stop for all your trades.
  • #3,495
  • Jun 18, 2014 6:48am Jun 18, 2014 6:48am
Quoting hugecat
{quote} Udine, I understand that Wukar cannot work at the same time with Wheelbarrel - right? Wheelbarrel is responsible for TS, so in order to activate it I just have to have it open before the trade - right? At least this is what I'm doing and it doesn't kick in... Thanx for the help.

I trade only EJ and GJ.. with each WUKAR EA on them

My rules are on the UJ chart and I added the Wheelbarrel EA

solved..

Udine
Sleep less, live fast, as it aint gonna last
  • #3,496
  • Jun 18, 2014 6:48am Jun 18, 2014 6:48am
Quoting hugecat
{quote} Flx, I'm guilty as charged, I don't use EA. I gave up setting it up, Wukar just doesn't want to kick in, when the trade is open. Nevertheless, it doesn't excuse broker for not closing my TP. I haven't had this problem for a week, but today it happened twice - once it was a spike, but it held in the zone for 3 sec, other time it went down more and the trade was still open for about 5-7 sec when I managed to close it manually.
hugecat,
Which broker is it? Don't know if you saw my question earlier today. Would like to know as I am also looking for a new broker and don't want to waste my time. You can PM me if you feel more comfortable. Thanks.
  • #3,497
  • Jun 18, 2014 6:52am Jun 18, 2014 6:52am
Quoting Udine
{quote} I trade only EJ and GJ.. with each WUKAR EA on them My rules are on the UJ chart and I added the Wheelbarrel EA solved.. Udine
Thank you, Udine. I did that, let's see how it goes.
Those who know don't talk. Those who talk don't know.
  • #3,498
  • Jun 18, 2014 6:59am Jun 18, 2014 6:59am
Quoting MKFXTrader
{quote} hugecat, Which broker is it? Don't know if you saw my question earlier today. Would like to know as I am also looking for a new broker and don't want to waste my time. You can PM me if you feel more comfortable. Thanks.
MK, check PM
Those who know don't talk. Those who talk don't know.
  • #3,499
  • Jun 18, 2014 7:03am Jun 18, 2014 7:03am
Quoting hugecat
{quote} MK, check PM
Got it. Did you get my response. Seems like I'm having trouble sending you a response.
  • #3,500
  • Jun 18, 2014 7:06am Jun 18, 2014 7:06am
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.
IBFX demo - GMT
Excel Markets Demo - GMT+3
Small disciplines repeated with consistency lead to great achievements.
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