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As simple as possible: 00 level trading

  • #4,801
  • Jun 23, 2014 9:17am Jun 23, 2014 9:17am
Quoting MKFXTrader
{quote} Udine, I was wondering have you ever tested the BE settings on the wheelbarrel EA? Does it work or is it disabled? Thanks
Wheelbarrel EA works like a charm !!!

Udine
Sleep less, live fast, as it aint gonna last
  • #4,802
  • Jun 23, 2014 9:18am Jun 23, 2014 9:18am
Quoting Udine
{quote} Wheelbarrel EA works like a charm !!! Udine
Thank you.
  • #4,803
  • Jun 23, 2014 9:25am Jun 23, 2014 9:25am
hi all, i think my chart still not right. plss help to improve my chart
Attached Image (click to enlarge)
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  • #4,804
  • Jun 23, 2014 9:44am Jun 23, 2014 9:44am
Did anyone take EJ @ 138.40?
  • #4,805
  • Jun 23, 2014 9:45am Jun 23, 2014 9:45am
Quoting Vishamerica
Did anyone take EJ @ 138.40?
No, price is sleeping...
Trade Safe !
  • #4,806
  • Jun 23, 2014 9:48am Jun 23, 2014 9:48am
Quoting Goodgame42
{quote} No, price is sleeping...
goodgame do you say this based on watching the ticks or general rules
e.g. 2 hours after NY open etc?
  • #4,807
  • Jun 23, 2014 9:49am Jun 23, 2014 9:49am
Quoting Goodgame42
{quote} No, price is sleeping...
lol..
Passion, Persist, Patience, Protect
  • #4,808
  • Jun 23, 2014 9:50am Jun 23, 2014 9:50am
Quoting Ranua
hi all, i think my chart still not right. plss help to improve my chart {image}

upper circle = already mentioned in the thread = Market Panel Clock

middle circle = 1H and D1 candle color = UFX Trend multimeter

bottom circle = xADR indicator, what is wrong with it ??

Udine
Sleep less, live fast, as it aint gonna last
  • #4,809
  • Jun 23, 2014 9:52am Jun 23, 2014 9:52am
Quoting flash4
{quote} goodgame do you say this based on watching the ticks or general rules e.g. 2 hours after NY open etc?
Twice !
Big movements occured at LO and NYO so after a day like this we'll enter in a range.

A practice for you :
According to PA, why the trade at 138.50 level at 3pm is High Potential Trade and not the last one at 138.40 ?
Trade Safe !
  • #4,810
  • Jun 23, 2014 9:53am Jun 23, 2014 9:53am
Quoting Goodgame42
{quote} No, price is sleeping...

nope, had daily target AND 2 Bonus trades in the pocket... tried once. EJ out by TS).. with +4 % for the day dont need more..

Udine
Sleep less, live fast, as it aint gonna last
  • #4,811
  • Jun 23, 2014 9:59am Jun 23, 2014 9:59am
Quoting Goodgame42
{quote} Twice ! Big movements occured at LO and NYO so after a day like this we'll enter in a range. A practice for you : According to PA, why the trade at 138.50 level at 3pm is High Potential Trade and not the last one at 138.40 ?
looks like i have to study the movements a bit more then. but still struggling to put a good reason to NOT trade the 138.40 (apart from what Udine mentioned if you have hit your targets for the day)

also i recently entered a trade to test the WUKAR. can anyone please explain why i got stopped out even though the price didnt reach 173.40, my charts are saying a high of 173.388 so far (trade manager says it closed at 173.399)
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  • #4,812
  • Jun 23, 2014 10:00am Jun 23, 2014 10:00am
Quoting Udine
{quote} upper circle = already mentioned in the thread = Market Panel Clock middle circle = 1H and D1 candle color = UFX Trend multimeter bottom circle = xADR indicator, what is wrong with it ?? Udine
thank udine. i got it now.. tq
  • #4,813
  • Jun 23, 2014 10:03am Jun 23, 2014 10:03am
Quoting flash4
{quote} looks like i have to study the movements a bit more then. but still struggling to put a good reason to NOT trade the 138.40 (apart from what Udine mentioned if you have hit your targets for the day) also i recently entered a trade to test the WUKAR. can anyone please explain why i got stopped out even though the price didnt reach 173.40, my charts are saying a high of 173.388 so far (trade manager says it closed at 173.399) {image}

more learning to do..

ask price / bid price

Udine
Sleep less, live fast, as it aint gonna last
  • #4,814
  • Jun 23, 2014 10:13am Jun 23, 2014 10:13am
Quoting flash4
{quote} looks like i have to study the movements a bit more then. but still struggling to put a good reason to NOT trade the 138.40 (apart from what Udine mentioned if you have hit your targets for the day) also i recently entered a trade to test the WUKAR. can anyone please explain why i got stopped out even though the price didnt reach 173.40, my charts are saying a high of 173.388 so far (trade manager says it closed at 173.399) {image}

You don't need to study any movement for this method, it will bring nothing but a can worm for you into this.. if you don't have your daily target, then that is a valid setup, period.

That is why it's so vital to take advantage of the early good setups, to reach the daily goal and get the hell out.. that's the only real edge of this method.

some people in here claim they are making bonuses.. that would need some amazing cherry picking based on massive experience or, 90+% of all signals on that particular day to be flat easy winners.

..anything claimed above daily goal would need to be seen live on a TE account or something in a consistent manner.. otherwise is nothing but just fine line of good words.. I am not trying to offend anyone but its only fair to be real.
Passion, Persist, Patience, Protect
  • #4,815
  • Jun 23, 2014 10:18am Jun 23, 2014 10:18am
last trade for today, short eur/usd 1.3590

am i the only one?
  • #4,816
  • Jun 23, 2014 10:20am Jun 23, 2014 10:20am
Quoting NewToForex14
last trade for today, short eur/usd 1.3590 am i the only one?
short or long?

for me based on my DO it's a long..
Passion, Persist, Patience, Protect
  • #4,817
  • Jun 23, 2014 10:22am Jun 23, 2014 10:22am
Quoting FXEmpire
{quote} short or long? for me based on my DO is a long..
short... my daily open is 1.3603
  • #4,818
  • Jun 23, 2014 10:24am Jun 23, 2014 10:24am
Quoting FXEmpire
{quote} You don't need to study any movement for this method, it will bring nothing but a can worm for you into this.. if you don't have your daily target, then that is a valid setup, period. That is why it's so vital to take advantage of the early good setups, to reach the daily goal and get the hell out.. that's the only real edge of this method. some people in here claim they are making bonuses.. that would need some amazing cherry picking based on massive experience or, 90+% of all signals on that particular day to be flat easy winners. ..anything...
I believe that in these 20 days this thread is old, people should have been able to gather plenty information simply by watching the 1H charts on a daily basis to see for themselves, if the first 2 hours after London open would give 2 winners...

So no surprises there... but as usual people want more and continue trading.... the greed factor is not under control...

Its a matter of PDF, PDF and PDF...

BRAINS ARE NOT THE TICKET TO FREEDOM IN FOREX TRADING.... ITS PDF !!!

Udine
Sleep less, live fast, as it aint gonna last
  • #4,819
  • Jun 23, 2014 10:24am Jun 23, 2014 10:24am
Quoting NewToForex14
{quote} short... my daily open is 1.3603

long .. 35886 is my DO..
Passion, Persist, Patience, Protect
  • #4,820
  • Jun 23, 2014 10:27am Jun 23, 2014 10:27am
Quoting NewToForex14
{quote} short... my daily open is 1.3603
this DO is a freaking problem for me...why cant we have one , only one DO that is recognizable by everyone, or at least by one major session...so we can have less conflicting signals...
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