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As simple as possible: 00 level trading

  • #6,201
  • Jun 27, 2014 10:04am Jun 27, 2014 10:04am
Wow man. 7 posts per page by one guy...Ever heard of PM?
Sorry, iggy list.
Those who know don't talk. Those who talk don't know.
  • #6,202
  • Jun 27, 2014 10:19am Jun 27, 2014 10:19am
Quoting TooSlow
{quote} Serious analysis. Details?

each and everybody needs to do his/her own homework

Udine
Sleep less, live fast, as it aint gonna last
  • #6,203
  • Jun 27, 2014 10:20am Jun 27, 2014 10:20am
Quoting JibalaPasan
Last bonus trade for today / this week on EU! {image} My total only for today is +50 Pip incl. Gold (+25). Who says this system doesn't work? If it doesn"t work for you, it is not for you. Just look for something other. I wanna take the chance to say thank you master Udine for such a great and powerful system! I'm so much grateful that you shared the system and teach us all the details we need to know that we can master it. Have a nice weekend all together. Jibala
Sleep less, live fast, as it aint gonna last
  • #6,204
  • Jun 27, 2014 10:21am Jun 27, 2014 10:21am
Quoting TooSlow
{quote} Spoonfeeding? What about precision? Clarity? A smart teacher, blogger, guru would make it easy on themselves by eliminating as many questions as possible especially recurring questions. FAQ documents do this. You yourself said that sometimes you miss a post yet you repeatedly chastise those who miss an answer that was in a post. Do your readers, followers and yourself a favor and put the answers in the post 1 document or a FAQ document.
nope

do the legwork (= reading)

Udine
Sleep less, live fast, as it aint gonna last
  • #6,205
  • Jun 27, 2014 10:22am Jun 27, 2014 10:22am
Quoting TooSlow
{quote} Most traders would like to see the system is working via live charts, P/L, trade explorer or why else would they even consider trading said system?
do you have an explorer on your thread ??

and some dont need that "proof"

Udine
Sleep less, live fast, as it aint gonna last
  • #6,206
  • Jun 27, 2014 10:24am Jun 27, 2014 10:24am
Quoting TooSlow
{quote} An account can be posted after personal information has been redacted.

and can be faked as has been don by so many...

i dont bother..

get the thread back on track, or move that to PM's

Udine
Sleep less, live fast, as it aint gonna last
  • #6,207
  • Jun 27, 2014 10:28am Jun 27, 2014 10:28am
Quoting hugecat
Wow man. 7 posts per page by one guy...Ever heard of PM? Sorry, iggy list.
he is on a roll late Friday nys session, lol.. you know what that means..

Trading frustration..

in his case frustrated demo trading, imagine if he was flying live
Passion, Persist, Patience, Protect
  • #6,208
  • Jun 27, 2014 10:35am Jun 27, 2014 10:35am
Quoting Udine
{quote} have any of you an idea of how high the ADR's were say1 year ago, 6 months and how low now ??? that should tell you something.. these ADR's are low, so its more difficult to trade... If in these times you are able to be slightly negative or neutral.. with a little more PDF and BCC soon enough you will get there... But as usual it is lack of serious analysis that makes it useless... 2 /3 weeks on demo to decide if it works for you, without any form of analysis will bring nothing... only system hopping... and did it work a couple of years...

Well said.
Look at Central Bank rates......
  • #6,209
  • Jun 27, 2014 10:46am Jun 27, 2014 10:46am
Quoting TooSlow
{quote} An account can be posted after personal information has been redacted.

I pity some people in this forum. Today they shout hosanna tomorrow crucify him become their hard cry.The day most of you guys make easy pip with the system, praises of Udine fill up the whole thread but any day the god of forex decided to show its wickedness and ruthlessness on your trading account, traders here begin to ask for Udine acct.The truth is that if you have lost today Monday is another day.No system is perfect and this is where good mm comes in.Many trader are damn greedy, they want to make the whole money in one day and thereby resulting in large loss on their trading account Everyone is only aiming at perfection. YOUR SURVIVAL IN FOREX IS DIRECTLY PROPORTIONAL TO THE SYSTEM YOU ARE USING AND YOUR MONEY MANAGEMENT ABILITY If this style of trading does not suite you look for another system on ff.
  • #6,210
  • Jun 27, 2014 10:56am Jun 27, 2014 10:56am
Question:

In some chart i got grey line, on TP level etc 550, 650, 750 and more, I like to se this line on all chart but i just cant find how to do it,,,

thx Kenny
  • #6,211
  • Jun 27, 2014 11:09am Jun 27, 2014 11:09am
Quoting FxMasterGuru
{quote} I thought so, Udine... The concern is that many people believe that by following the "Rules" to the letter they will achieve the same 2% daily profit... Based on the above entries it is NOT necessarily so. In other words: a bunch of discretionary factors (i.e. "right eye" and "left eye") are also involved in making this strategy profitable. So I suggest listing it at the end of the "Rules" as a DISCLAIMER.
  • #6,212
  • Jun 27, 2014 11:20am Jun 27, 2014 11:20am
This is to the ones we know relates the most..

Every method does have a weakness one way or another.. this method goes wrong when PA is not trending well lacking momo.. to figure out the timing of when will it or when will it not is the billion dollar thing.. and are no systematic formula for it to be presented by anyone yet in this industry.

so what do you want now... you like to watch, is that it!!, lol.. if the guy next door is doing it and you don't.. how does that help you!!.. besides boosting your confidence (maybe) it does nothing else for you.
Udine seems to be able to dodge some losers by picking his battle when recognizing the range to stop trading that pair for that day any longer.. could that be thought.. fuck no..
it comes with experience.. not much else could be said about it.. he be the first to tell you that there is no magical formula to know exactly not trade that valid setup.

experience.. daily management.. that's all you gonna get matta faka... that's all there is to get.. lol

now let's say Udine does put up a TE...
and he starts to make money on it.. 2-3% day 10+% week... still, based on his experience and skill that he can not put in words or present, he dodges the losers and daily-manage well, to squeeze out daily goal..

now you.. still struggling, losing 10% week watching his TE, lol.. bcz his winners show up by numbers you see, and says nothing about how that experience etc, has worked out into it.. it certainly would not read into something special to serve you to avoid the losers showing up on your sheet..

all this means nothing but... he is great, you suck..
or, backward if he is losing and your wining.. your great, he sucks..

so in the end whats your basically left off with is nothing but a dumb ass request.. and soon you realize, you gotta work.. work to make things your own, to make fit to your brain comfort and agendas to someday become profitable, or quit the fucking thing bcz it just may not be the thing for you.

but again, it really don't matter what you just read above or other great posts about the matter, your just a fuck happy f-ing fellow who loves to watch others, or request shit all the time from others, or sliver platter to be delivered to you upon your immediate request, or whatever heck else.

last word.. pull up those damn shutters from your mind and go to WORK to make it your own.


on this note.. I am out.. have a great weekend you all.
Passion, Persist, Patience, Protect
  • #6,213
  • Jun 27, 2014 11:38am Jun 27, 2014 11:38am
And with that bombshell...
Persistence will get it. Consistency will keep it.
  • #6,214
  • Jun 27, 2014 12:21pm Jun 27, 2014 12:21pm
Got bored and tried another trade. EJ @ .30 and lost x.x
Luck is what happens when preparation meets opportunity
  • #6,215
  • Jun 27, 2014 12:22pm Jun 27, 2014 12:22pm
IMHO the best thing we can do to grow as a community (someone already call it "family") is to share our pending orders and discuss them BEFORE they are triggered.

Maybe Udine can comment our trading ideas and, following his advices, I'm sure we'll improove much faster than just watch or post PAST trades.

I think Udine isn't using too much subjectivity on this system because he's using mostly 2 pairs with a very strict set of rules.... When London opens, we can see exactely prices he sees.

This is not a system that involves subjectivity that much, so I think that working together and with his precious help, we can pick exactely the trades he picks with very similar results.

Remember the title "as simple as possible".
  • #6,216
  • Jun 27, 2014 12:40pm Jun 27, 2014 12:40pm
Quoting lucariga
IMHO the best thing we can do to grow as a community (someone already call it "family") is to share our pending orders and discuss them BEFORE they are triggered.
That, and also post why certain trades NOT automatically taken despite the rules being met. Some people on this thread occasionally do this eg S/R lines, market hugging the open price etc.
  • #6,217
  • Jun 27, 2014 12:52pm Jun 27, 2014 12:52pm
Thank you Udine and other contributors for sharing this system and tools. It sounds very much interesting!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #6,218
  • Edited 1:13pm Jun 27, 2014 12:52pm | Edited 1:13pm
Pending Orders:
UJ Sell @ 101.30
EJ Sell @ 138.30

Edit:
EJ Sell was triggered. Lets see if we can get 5 pips out before the weekend!
Luck is what happens when preparation meets opportunity
  • #6,219
  • Jun 27, 2014 1:11pm Jun 27, 2014 1:11pm
Quoting lucariga
IMHO the best thing we can do to grow as a community (someone already call it "family") is to share our pending orders and discuss them BEFORE they are triggered. Maybe Udine can comment our trading ideas and, following his advices, I'm sure we'll improove much faster than just watch or post PAST trades. I think Udine isn't using too much subjectivity on this system because he's using mostly 2 pairs with a very strict set of rules.... When London opens, we can see exactely prices he sees. This is not a system that involves subjectivity that much,...

I disagree. Based on what I have seen here, squeezing in GU here and there (in addition to EJ/GJ), and staying out of 2-3 losers a week can make the difference between making this strategy a winner or a loser.

As Udine has mentioned before, he "could write a book" about the "subjective" elements of trading he uses, but he will not. Not that anybody would expect him.

The bottom line is - what new traders should understand very well - that this strategy should not be viewed as the "Holy Grail" just by religiously following the Rules... In other words, very few people will become financially independent as Udine by using this strategy, i.e. without the additional "subjective elements".
  • #6,220
  • Edited 1:53pm Jun 27, 2014 1:22pm | Edited 1:53pm
Ii m looking for a history trades...

so we can study our trades mistakes and good trades ... no comission
Attached Image (click to enlarge)
Click to Enlarge Name: history trades 1.png Size: 71 KB
Attached File(s)
File Type: ex4 orders_indicator.ex4   29 KB | 391 downloads
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