As simple as possible: 00 level trading | Page 221 | 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

  • #4,401
  • Jun 20, 2014 6:49am Jun 20, 2014 6:49am
Quoting Udine
Finally the EJ to TP Udine {image}

well done.. I missed that one.. tried to get on it on the pullback but chickened out, lol

whats your pips bottom line for today so far bud, if you don't mind me asking..
Passion, Persist, Patience, Protect
  • #4,402
  • Jun 20, 2014 6:52am Jun 20, 2014 6:52am
Quoting flx69
{quote} @Dear Alec I understand your concerns regarding RR 1:2, (W/L). Now, out of curiousity, did you really try to double 2 demo accounts in value (without taking the shortcut by trading 5 lots on a USD1000 demo) ? Just curious, I donīt think: - even Udine will get to 90% winning rate (although I may be wrong) - intraday behaviour in Forex, Spot Metals, will change that much. Letīs assume it does for a moment, and profoundly. The beauty here is that it doesnīt matter. PA will always go up and down, regardless of crisis, mayhem, etc. - once somebody...
Hi flx69,

If you replied for Udine I guess you are his friend. Very good. Udine's friend is my friend(that's how we say it here).
I think it's all in our beliefs. When I started FX few years ago first time I doubled my demo account I was looking for 5 pips per trade. Sometimes even for 3 pips. Didn't take long time with 60pips a day(50 was my daily target) to double my account. 50 pips! a day was not enough all of the sudden Oh! I forgot to mention where was my stop loss back then... What is a Stop Loss???
I actually believe that it is possible to make money looking just for 5 pips. May be with a negative RR. That's why I'm here. Thanks for the reply. It's always good to learn from people with great experience.
Sincerely,
Alec
Look for reasons not to take a trade.
  • #4,403
  • Jun 20, 2014 6:55am Jun 20, 2014 6:55am
Quoting FXEmpire
{quote} well done.. I missed that one.. tried to get on it on the pullback but chickened out, lol whats your pips bottom line for today so far bud, if you don't mind me asking..
no problem it was:

trade
1. gj +5 / +1 %
2. ej -10 / -1 %
3. gj +5 / neutral
4. ej @ BE / neutral
5. gj @ BE / neutral
6. ej +5 / +1 %

Udine
Sleep less, live fast, as it aint gonna last
  • #4,404
  • Jun 20, 2014 6:58am Jun 20, 2014 6:58am
Quoting Udine
{quote} no problem it was: trade 1. gj +5 / +1 % 2. ej -10 / -1 % 3. gj +5 / neutral 4. ej @ BE / neutral 5. gj @ BE / neutral 6. ej +5 / +1 % Udine

thanks bud.. nice trading..
Passion, Persist, Patience, Protect
  • #4,405
  • Jun 20, 2014 7:00am Jun 20, 2014 7:00am
see indicator profits green

thanks Udine and my work study and decision when trade or not

firts thanks Udine
Attached Image (click to enlarge)
Click to Enlarge Name: resultados 3.png Size: 55 KB
  • #4,406
  • Edited 7:19am Jun 20, 2014 7:06am | Edited 7:19am
Just FYI: Reminder that today is QUADRUPLE WITCHING during the U.S session. Could be very volatile swings with no clear direction.

Trade safe.


http://www.investopedia.com/terms/q/...lewitching.asp
  • #4,407
  • Jun 20, 2014 7:16am Jun 20, 2014 7:16am
EJ to BE
  • #4,408
  • Jun 20, 2014 7:18am Jun 20, 2014 7:18am
EJ out by trailstop...

Will call it a day & week

+15 % this week..

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #4,409
  • Jun 20, 2014 7:19am Jun 20, 2014 7:19am
Udine,

You may have addressed this already, but I looked through the thread without finding a solid answer. The smaller accounts, like mine, have large spreads on the GJ and EJ pairs (3.5 and 2.7), and make it really hard to manage trades tightly without needless SLs. Several SIM trades went in the direction they were supposed to, but the bid/ask spread tagged out as a loss, only to see it eventually go to the TP+spread. Any thoughts on how this can be handled?
  • #4,410
  • Jun 20, 2014 7:21am Jun 20, 2014 7:21am
EJ + 5, EU +5
  • #4,411
  • Jun 20, 2014 7:22am Jun 20, 2014 7:22am
Quoting Traffex
EJ + 5, EU +5
Sleep less, live fast, as it aint gonna last
  • #4,412
  • Jun 20, 2014 7:23am Jun 20, 2014 7:23am
That was quick - +10 between EU and EA. Done for the week -
Thanks Udine - sometimes I get way too caught up in over-complicating this business.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ea 6.20.14.png Size: 64 KB
Click to Enlarge Name: eu 6.20.14.png Size: 50 KB
Small disciplines repeated with consistency lead to great achievements.
  • #4,413
  • Jun 20, 2014 7:24am Jun 20, 2014 7:24am
Quoting jmflukeiii
That was quick - +10 between EU and EA. Done for the week - {image} {image}

dont get tired

Udine
Sleep less, live fast, as it aint gonna last
  • #4,414
  • Jun 20, 2014 7:29am Jun 20, 2014 7:29am
Quoting Udine
{quote} dont get tired Udine
Lol - I'm thinking about putting this coffee I'm drinking in the fridge and heading back to bed. Spent wayyyy too much energy just now clicking the mouse two times.
Small disciplines repeated with consistency lead to great achievements.
  • #4,415
  • Jun 20, 2014 7:33am Jun 20, 2014 7:33am
Quoting Udine
{quote} no problem it was: trade 1. gj +5 / +1 % 2. ej -10 / -1 % 3. gj +5 / neutral 4. ej @ BE / neutral 5. gj @ BE / neutral 6. ej +5 / +1 % Udine
Overall with +15% for the week is impressive.......

Now.......How many years would it take a bank to give you that return ?

Arrghh forget it ....who cares anyway

Have a great weekend and catch you next week for a whole lot more fun

Masterrmind...............
Master your Mind then Master your Trades
  • #4,416
  • Jun 20, 2014 7:36am Jun 20, 2014 7:36am
Quoting Masterrmind
{quote} Overall with +15% for the week is impressive....... Now.......How many years would it take a bank to give you that return ? Arrghh forget it ....who cares anyway Have a great weekend and catch you next week for a whole lot more fun Masterrmind...............

ING Direct pays in Italy 1.9 %

Udine
Sleep less, live fast, as it aint gonna last
  • #4,417
  • Jun 20, 2014 7:36am Jun 20, 2014 7:36am
Quoting jmflukeiii
That was quick - +10 between EU and EA. Done for the week - Thanks Udine - sometimes I get way too caught up in over-complicating this business. {image} {image}
EJ TS by the spread widening... lame. Oh well, small bonus -
Attached Image (click to enlarge)
Click to Enlarge Name: ej 6.20.14.png Size: 49 KB
Small disciplines repeated with consistency lead to great achievements.
  • #4,418
  • Jun 20, 2014 7:37am Jun 20, 2014 7:37am
Quoting Udine
{quote} ING Direct pays in Italy 1.9 % Udine
I searched for the best savings account I could find, the best in all of the US...... I get .98%
Small disciplines repeated with consistency lead to great achievements.
  • #4,419
  • Jun 20, 2014 7:38am Jun 20, 2014 7:38am
Quoting Udine
{quote} ING Direct pays in Italy 1.9 % Udine
The worst part is the 1.9% is not per week...........its per year.......

Oh stop it the laughter is killing me ............

Masterrmind...........
Master your Mind then Master your Trades
  • #4,420
  • Jun 20, 2014 7:39am Jun 20, 2014 7:39am
Another +10 pips on E/U w/TSL hit. 2 Trades = +20 pips total on E/U so far today. Thank you Mr. Market.
5 traders viewing now