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As simple as possible: 00 level trading

  • #3,941
  • Jun 19, 2014 7:34am Jun 19, 2014 7:34am
Quoting Udine
{quote} would be more wise to wait for NY open Udine
Thanks :-)
  • #3,942
  • Jun 19, 2014 7:34am Jun 19, 2014 7:34am
EJ buy @ 138.800 -> SL
  • #3,943
  • Jun 19, 2014 7:34am Jun 19, 2014 7:34am
EJ does seem to struggle at that level...perhaps best to leave it alone until it breaks it?
  • #3,944
  • Jun 19, 2014 7:36am Jun 19, 2014 7:36am
Quoting HannesJoub
{quote} Well done friend, live or demo? H
Demo. I'm trying once 3 days .
the report :
http://i62.tinypic.com/2ihq877.png
  • #3,945
  • Jun 19, 2014 7:38am Jun 19, 2014 7:38am
I haven't found the answer to this anywhere.
Would you enter at a 50 level or only 00?
Dreaming is hard work...
  • #3,946
  • Jun 19, 2014 7:40am Jun 19, 2014 7:40am
Ten burpees for me....
didn't respect the news! Broke the rules and traded Gold at NY open...

At the end, this are nice burpees!!!
Wukar was set to take profit at 25 pips. fortunately the movement was so quick it took profit at 43 pip.
This is a massive profit.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLD.PNG Size: 49 KB
  • #3,947
  • Jun 19, 2014 7:40am Jun 19, 2014 7:40am
Quoting messiahua
EJ buy @ 138.800 -> SL
Mine still. But i need to sing this 1st.
Inserted Video
  • #3,948
  • Jun 19, 2014 7:41am Jun 19, 2014 7:41am
Quoting Edbegs
{quote} Discretion and an understanding of the markets might have helped on this one. At that time of day markets tend to revert, rather than break to new highs.
Wise words Oh Edbegs, Keep it simple is the heading and many would agree , It would be like swimming easily learned but be aware of the tide lest it rip you away !
Apart from the fact EJ is approaching yesterdays daily range. D
  • #3,949
  • Jun 19, 2014 7:41am Jun 19, 2014 7:41am
Brilliant thread Udine......

Have spent the last few weeks ( on and off ) reading everything from the start.

If possible, can someone PM me Udine's broker.

Thanks in advance.
Q
  • #3,950
  • Jun 19, 2014 7:42am Jun 19, 2014 7:42am
Udine, you prefer to start your u.s session off forex open and not NYS?
Passion, Persist, Patience, Protect
  • #3,951
  • Jun 19, 2014 7:43am Jun 19, 2014 7:43am
Quoting angeloarc
{quote} Demo. I'm trying once 3 days . the report : {image}
Looks good, keep it up
  • #3,952
  • Jun 19, 2014 7:45am Jun 19, 2014 7:45am
Quoting photize
{quote} Wise words Oh Edbegs, Keep it simple is the heading and many would agree , It would be like swimming easily learned but be aware of the tide lest it rip you away ! Apart from the fact EJ is approaching yesterdays daily range. D

wouldn't you think considering all this kind of things as such would bring much of second guessing to the game..
Passion, Persist, Patience, Protect
  • #3,953
  • Jun 19, 2014 7:46am Jun 19, 2014 7:46am
Quoting photize
{quote} Wise words Oh Edbegs, Keep it simple is the heading and many would agree , It would be like swimming easily learned but be aware of the tide lest it rip you away ! Apart from the fact EJ is approaching yesterdays daily range. D
Not that I use Fibs, But EJ is at a confluence of fibs at structure,
I am prepared either way using random lines.
  • #3,954
  • Jun 19, 2014 7:46am Jun 19, 2014 7:46am
Quoting FXEmpire
{quote} wouldn't you think considering all this kind of things as such would bring much of second guessing to the game..
True, but, is the entry not already more than two hours away from the London open? Therefore it could be considered a "no-no"? Do I have that correct?

And that is where the bonus trades can get you into trouble....

H
  • #3,955
  • Jun 19, 2014 7:46am Jun 19, 2014 7:46am
Quoting FXEmpire
Udine, you prefer to start your u.s session off forex open and not NYS?

i take 14:00 my time

Udine
Sleep less, live fast, as it aint gonna last
  • #3,956
  • Jun 19, 2014 7:48am Jun 19, 2014 7:48am
Quoting FXEmpire
{quote} wouldn't you think considering all this kind of things as such would bring much of second guessing to the game..
It does, but after a while you will recognize this Price action.
I have found discretion helps me win more.
  • #3,957
  • Jun 19, 2014 7:49am Jun 19, 2014 7:49am
Quoting Qed
sorry to bother you MM whats it called?
Do the following:

Open up the indicator called "M Candles" and change the variable "TFBar" to the time frame you want and when finished click ok and check your chart.

ps. If you want to see green or red horizontally colored sections that mirror the body of your "Daily" candle then select "true" for variable "Paintbars ()......
Hope that helps

Masterrmind..............
Master your Mind then Master your Trades
  • #3,958
  • Jun 19, 2014 7:50am Jun 19, 2014 7:50am
OK great thanx
Whats That? you're trading What?
  • #3,959
  • Jun 19, 2014 7:50am Jun 19, 2014 7:50am
Quoting 2013
{quote} Am follow Udine Rules. But thank you for your info and concern.
Yo 2013.
Rules are there to avoid bad trades they are not there to force you to take bad trades the area shown is indecisive i would avoid trying to make a call when the market cannot decide for itself, I maybe wron but i read somewhere take the 1st cross and only 1 trade per hour. ? enjoy D
  • #3,960
  • Jun 19, 2014 7:50am Jun 19, 2014 7:50am
Quoting ericjschroed
{quote} That is your choice, that is why I added that to my version of the EA. The way it functions is to add the commission to BE and TP but not TS. Unless you have a high % of wins, that commission really eats at the profit.
thx!
i thought BE and TS are the same. when the price is +3.5 pips i set a TS (trailingstop) at BE. or i am wrong?
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