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As simple as possible: 00 level trading

  • #3,661
  • Jun 18, 2014 6:33pm Jun 18, 2014 6:33pm
Im at account demo with 10,000usd. And i always im in range about +-500... win loss win loss win loss loss win win win loss loss loss etc.. etc.. etc... hahahaha i dont know in where im taking the mistakes.. if i always before i put an order.. i check the rules.. hahah
  • #3,662
  • Jun 18, 2014 7:20pm Jun 18, 2014 7:20pm
Contrax , my advice would be forget you have $10k in a/c use only the amount you would put in real a/c to start off , even if that means playing with .01 (micro if you can )
Whats That? you're trading What?
  • #3,663
  • Jun 18, 2014 7:27pm Jun 18, 2014 7:27pm
MasterMind , if ur up and about , got 3 silver deals iTM trailing stop loss set @19.849 on all 3deals atm
Whats That? you're trading What?
  • #3,664
  • Jun 18, 2014 7:34pm Jun 18, 2014 7:34pm
Quoting flx69
{quote} @Zokynho No victory for the Spanish, but I support the Dutch team. Had dinner in restaurant Laterna na Dolcu tonight. Fabulous and I must admit your city´s beautiful (first time visit for me).
flx69,

Glad to hear that you are in my city,and true it is quite beautifull,will you visit coast?

I know where is Laterna,live half and hour from there ....

We can have some coffe tomorow when if you have time and will!

Wish you many green pips,

Regards!
  • #3,665
  • Jun 18, 2014 7:36pm Jun 18, 2014 7:36pm
Quoting Qed
MasterMind , if ur up and about , got 3 silver deals iTM trailing stop loss set @19.849 on all 3deals atm
Yes Im up and about........

Just need my daily coffee and I will be right to go!

Silver -10 last night (was a slow painful death by the looks - not to worry today is another day.

Plenty of movement through the latter part of NY

Lets see what today brings....

A few potential trades as you pointed out...

Masterrmind...........
Master your Mind then Master your Trades
  • #3,666
  • Jun 18, 2014 7:41pm Jun 18, 2014 7:41pm
Quoting pquin
{quote} Thanks Flx69! :-) I don't think you're understanding the gist of my question though. I understand the need to trade with lots of volume around. I'm just wondering why that volume appears at exactly midnight my time (8AM London). What is it that's bringing on all that volume at exactly the same time? I don't think that every bank / investment / hedge company in London opens for business at exactly the same time. Maybe the "London Open really starts at around 7:30 and builds till about 9AM when the last bank opens for business? Paul.
http://www.babypips.com/school/presc...-sessions.html

I'd recommend doing the full course
  • #3,667
  • Jun 18, 2014 7:49pm Jun 18, 2014 7:49pm
APOLIGIES to Udine , XAUUSD /XAGUSD/ nowhere near as quick to move as curriencies to take advantage of your TP targets BUT the system as a whole is great , thank you again cheers Q
Whats That? you're trading What?
  • #3,668
  • Jun 18, 2014 7:54pm Jun 18, 2014 7:54pm
MM trailng 35pts xag now 19.875 actually price is 19.910 (above the "00" line) so maybe wise to have trailing stop just under the 19.00, didnt know thsoe sweet spots could be so powerfull......
Whats That? you're trading What?
  • #3,669
  • Jun 18, 2014 7:58pm Jun 18, 2014 7:58pm
tokyo session:

1st trade

GJ - BE
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  • #3,670
  • Jun 18, 2014 8:01pm Jun 18, 2014 8:01pm
GBP/Jpy exit by T/S Hrrummpphh!
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Just trade the pullback you idiot!
  • #3,671
  • Jun 18, 2014 8:01pm Jun 18, 2014 8:01pm
ECAD SL -10pips (This opened before Tokyo open, should not trade this before Tokyo open, in Sydney open, just trade EAUD)
EJPY TP +5pips
Outcome is not important at all, but correct technique is what only matters
  • #3,672
  • Jun 18, 2014 8:02pm Jun 18, 2014 8:02pm
EJ - SL
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  • #3,673
  • Jun 18, 2014 8:06pm Jun 18, 2014 8:06pm
Quoting Qed
MM trailng 35pts xag now 19.875 actually price is 19.910 (above the "00" line) so maybe wise to have trailing stop just under the 19.00, didnt know thsoe sweet spots could be so powerfull......
Its those exact places at the right time that can really accelerate your account.

But you need the right direction!
Master your Mind then Master your Trades
  • #3,674
  • Jun 18, 2014 8:09pm Jun 18, 2014 8:09pm
gonna cancel the trailing ... stop is now 19.10 looks like being volatile , needs room to breathe atm
Whats That? you're trading What?
  • #3,675
  • Jun 18, 2014 8:10pm Jun 18, 2014 8:10pm
Pureheart look at your spread!!!!!!! My goodness mine is 0.7 at moment. much easier to make profit!!
Just trade the pullback you idiot!
  • #3,676
  • Jun 18, 2014 8:13pm Jun 18, 2014 8:13pm
too close all gone
Whats That? you're trading What?
  • #3,677
  • Jun 18, 2014 8:19pm Jun 18, 2014 8:19pm
Quoting Batavier
Pureheart look at your spread!!!!!!! My goodness mine is 0.7 at moment. much easier to make profit!!
This is the PROBLEM....spread issue...

pls pm me the broker that you have ...
  • #3,678
  • Jun 18, 2014 8:36pm Jun 18, 2014 8:36pm
Quoting Qed
Contrax , my advice would be forget you have $10k in a/c use only the amount you would put in real a/c to start off , even if that means playing with .01 (micro if you can )
Its the same thing... cuz i dont think about the amount in dollars... i see the profit in % of the capital. So if ur profit in 1 month is 50% if u invest 100 usd or 1000usd or 10,000usd ur profit is the 50% of the amount. So better see the % of the profit.

But i cant win in a row to many times.. for incrase the capital... Im with my own system of 4 hours (very different system) and i already got 160% in 2 months.. But with this system i cant win 10% in capital
  • #3,679
  • Jun 18, 2014 8:51pm Jun 18, 2014 8:51pm
Quoting Contrax
{quote} Its the same thing... cuz i dont think about the amount in dollars... i see the profit in % of the capital. So if ur profit in 1 month is 50% if u invest 100 usd or 1000usd or 10,000usd ur profit is the 50% of the amount. So better see the % of the profit. But i cant win in a row to many times.. for incrase the capital... Im with my own system of 4 hours (very different system) and i already got 160% in 2 months.. But with this system i cant win 10% in capital
Sounds like you should trade your other system then - fund it with $100 and trade micro's until you double it with real money. Then put some more money in or just keep trying to double what you already put in.
Small disciplines repeated with consistency lead to great achievements.
  • #3,680
  • Jun 18, 2014 8:52pm Jun 18, 2014 8:52pm
Pending Silver order @ 19.800

Masterrmind..........
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Master your Mind then Master your Trades
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