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As simple as possible: 00 level trading

  • #5,281
  • Jun 25, 2014 2:21am Jun 25, 2014 2:21am
Quoting adler
" 2. Entry ONLY the FIRST 00 level" say the time is now @07.50 am and it is 10 mins to london open. 1. Please can you tell me what "Entry ONLY the FIRST 00 level" means 2. Also what time exactly we have to enter the pending buy stop or sell stop plz

1. dont think too much.... it simply means you only trade the first 00 level cross

2. at the start of the new hour

Udine
Sleep less, live fast, as it aint gonna last
  • #5,282
  • Jun 25, 2014 2:21am Jun 25, 2014 2:21am
Quoting Udine
{quote} for the dutch among us... I am watching this now.. http://www.youtube.com/watch?v=QHs4h8TKeOY Udine
HUP ORANJE HUP
  • #5,283
  • Jun 25, 2014 2:22am Jun 25, 2014 2:22am
Quoting flx69
{quote} So, if I understand the rules correctly, you´re up 10 pips and deleting your pending EJ orders now ?
no comment

Udine
Sleep less, live fast, as it aint gonna last
  • #5,284
  • Jun 25, 2014 2:22am Jun 25, 2014 2:22am
Quoting artem_t
{quote} Hello, Udine! Did you set a pending at EJ 138.600? P.S. Sorry. Just saw your answer to this.
During Frankfurt Open, that was a correct entry.
When London opened, EJ 138.700 short and 138.800 long.
  • #5,285
  • Jun 25, 2014 2:23am Jun 25, 2014 2:23am
Quoting Udine
{quote} You mean the EJ short @ Frankfurt open ?? You are correct, but had the pending short set but it did not hit my pending order, otherwise I would have had a loser there.. Udine

it shows hit on my plat... luckyyyy you, lol
Passion, Persist, Patience, Protect
  • #5,286
  • Jun 25, 2014 2:25am Jun 25, 2014 2:25am
Quoting Udine
{quote} no comment Udine
It smells like a bonus trade...

GJ +5 pips!

Regards!
Attached Image (click to enlarge)
Click to Enlarge Name: trade 22 +5.png Size: 43 KB
  • #5,287
  • Jun 25, 2014 2:25am Jun 25, 2014 2:25am
Quoting Udine
{quote} no comment Udine

there should be a rule says..

No holding back key stuff...

lol

69, make sure you get to bottom of this part, lol.. if you know what i mean
Passion, Persist, Patience, Protect
  • #5,288
  • Jun 25, 2014 2:27am Jun 25, 2014 2:27am
Udine:

Based on the rules should we not be short at 138.70 on EJ right now?
  • #5,289
  • Jun 25, 2014 2:27am Jun 25, 2014 2:27am
EURGBP +>5

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Click to Enlarge Name: Screenshot1.png Size: 35 KB


Masterrmind.............
Master your Mind then Master your Trades
  • #5,290
  • Jun 25, 2014 2:29am Jun 25, 2014 2:29am
Hey Team,

Do i have the correct setting for wheelbarrow? wondering if the trailing step should be 35 not 1.
Attached Image
Learn from your mistakes until you succeed. It's that simple.
  • #5,291
  • Jun 25, 2014 2:29am Jun 25, 2014 2:29am
Quoting Masterrmind
EURGBP +>5 {image} Masterrmind.............

you sure have picked the high adr pair there bud.. lol
Passion, Persist, Patience, Protect
  • #5,292
  • Jun 25, 2014 2:30am Jun 25, 2014 2:30am
Quoting flx69
{quote} During Frankfurt Open, that was a correct entry. When London opened, EJ 138.700 short and 138.800 long.
Yeah, I was talking about FO.
Let's go with the flow
  • #5,293
  • Jun 25, 2014 2:30am Jun 25, 2014 2:30am
Quoting Masterrmind
EURGBP +>5 {image} Masterrmind.............
Be carefull about this pair beacuse most of the time has really low ADR!
  • #5,294
  • Jun 25, 2014 2:33am Jun 25, 2014 2:33am
Quoting ExcessFX
Hey Team, Do i have the correct setting for wheelbarrow? wondering if the trailing step should be 35 not 1. {image}
Trailing step to 1 but I don't use Trailing stop only BreakEven
Trade Safe !
  • #5,295
  • Jun 25, 2014 2:33am Jun 25, 2014 2:33am
Quoting ExcessFX
Hey Team, Do i have the correct setting for wheelbarrow? wondering if the trailing step should be 35 not 1. {image}
Yeah those are correct settings!
  • #5,296
  • Jun 25, 2014 2:34am Jun 25, 2014 2:34am
Quoting joe12345
Udine: Based on the rules should we not be short at 138.70 on EJ right now?

is that according to the rules??

Udine
Sleep less, live fast, as it aint gonna last
  • #5,297
  • Jun 25, 2014 2:37am Jun 25, 2014 2:37am
Quoting Udine
{quote} is that according to the rules?? Udine
even i am short...which rule is broken here?on ej
you are the creator of your own destiny-Shivyog
  • #5,298
  • Jun 25, 2014 2:39am Jun 25, 2014 2:39am
ej short 138.7 valid
  • #5,299
  • Jun 25, 2014 2:39am Jun 25, 2014 2:39am
1. D1 & 1H candle color MUST be both red _ yes (The 1 H Current candle red...previous green and hence the confusion)
2. Entry ONLY the FIRST 00 level _ yes
3. Frankfurt open only .400/.500/.600 levels
4. London open all levels _ yes
5. No short @ .100 level_ yes
6. No long @ .900 level_ yes
7. No trading 1 hour before RED NEWS on the pair_ yes
8. No trading less than 30 minutes after RED NEWS in the pair_ yes
9. After 4 losses stop trading for the day_ yes
10. Higher probability at market opens (new money into the market_ yes
11. Check ADR_ yes
12. Distance to RN > 10 pips (see 3 & 4)
13. Stop trading after reaching daily target
14. Stop Loss 10 pips
15. Take profit 5 pips
16. Trailstop 3.5 pips & Stoploss to BE @ 3.5 pips
17. Only pending orders
18. Trade higher ADR pairs only
19. My pairs EJ and GJ
20. only 1 trade per hour per pair
21. a mistake is 10 burpee
  • #5,300
  • Jun 25, 2014 2:40am Jun 25, 2014 2:40am
Quoting Juan007
ej short 138.7 valid
not for me
Trade Safe !
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