As simple as possible: 00 level trading | Page 312 | Forex Factory

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As simple as possible: 00 level trading

  • #6,221
  • Edited 2:58pm Jun 27, 2014 1:57pm | Edited 2:58pm
mi problem was i start trade on 6 six pair and i dont have focus กกกก

when i was trade only 2 pair gj and ej i was profitable

i will trade only 2 pairs gy and ej




ej no rules trades
its an example of one of my problem
trades loss ... no rules trades

analisys i dont stop on 4 loss trade so look ...

rule 9

ej trade 1. we are near the 138.000 triple ceros 000 s/r
gu trade crazy day

gy trade
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  • #6,222
  • Jun 27, 2014 2:05pm Jun 27, 2014 2:05pm
Quoting FxMasterGuru
{quote} 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".
This has been pointed out a number of times in this thread. There should be no confusion with any thread on here, or any vendor for that matter: Day 1, no one starts making money consistently, I don't think. The nice part of forums like this is that people can figure that out without having paid a vendor for a strategy that, in and of itself, won't make them successful.
Small disciplines repeated with consistency lead to great achievements.
  • #6,223
  • Jun 27, 2014 2:11pm Jun 27, 2014 2:11pm
Hello fellow traders thought I'd have my first FF post here, as I've been following the thread for about 3 days now..(reading as much as I can, life gets in the way tho har har. on page 116 I think..) Ne ways, I've never used metatrader before or even intraday traded (been swinging for 2 years) But I love the concept of the simple system with price action and following the short-term trend for edge. I'm trying to get my meta trader charts to look like you guys.. for some reason the market display (showing gbp/jpy m15) stays frozen it never moves when I switch to say D1 or what not.. and never changes when price changes.. so thats problem one.. problem two is I seem to be missing like the gold (sweetspot) levels yellow dotted lines.. also missing the day open lines.. so yea Any help with what im doing wrong would be very much appreciated, I did re-read the first few pages but nothing seemed to help with my problem. All I did was take the 00 day template and load it and this is what I got.. pic included.. when I try to add the "rules" template, the rules like copy over everything and you cant see anything on the chart besides those rules..lol. I only had those two templates from the first page of thread.. ne help again thanks so much <3

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  • #6,224
  • Jun 27, 2014 4:31pm Jun 27, 2014 4:31pm
Quoting kman222
Hello fellow traders thought I'd have my first FF post here,
Not sure what the problem is, but try loading up a blank chart, load up the D1 timeframe, then load up the M15 timeframe, then switch the chart to the 00 template. Should fix the frozen up chart/terminal problem.
  • #6,225
  • Jun 27, 2014 5:03pm Jun 27, 2014 5:03pm
Quoting KennyForex
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
ANYBODY???? how do i get this grey lines on my chart,,,???

Thx again Udini for your excellent easy system, my first full time week with it made me 5,87% and then i just traded half of the risk you do here, so 0,5% per trade,

Happy Trading all!
  • #6,226
  • Jun 27, 2014 5:05pm Jun 27, 2014 5:05pm
Quoting KennyForex
{quote} ANYBODY???? how do i get this grey lines on my chart,,,??? Thx again Udini for your excellent easy system, my first full time week with it made me 5,87% and then i just traded half of the risk you do here, so 0,5% per trade, Happy Trading all!
its just the indicator, Grid_v2
  • #6,227
  • Jun 27, 2014 5:11pm Jun 27, 2014 5:11pm
Quoting FxMasterGuru
{quote}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...
100% agree

but do you think that posting orders before execution and discuss them teaches more than just post a chart with winner or looser trades?

If we all post orders instead of trades and Udine will add his comments we will grow much faster. I'm pretty sure

Just my 2 cents

Edit: On a side note, if we all place a pending order together at a certain price, the only thing that can happens is that we reach our TP much faster
  • #6,228
  • Jun 27, 2014 5:16pm Jun 27, 2014 5:16pm
You All got the RULES , You All got the method, NOW do the bloody work its not kindergarten its business , those pics with big losses ,110.00 etc ever heard of position sizing ?
Whats That? you're trading What?
  • #6,229
  • Jun 27, 2014 5:17pm Jun 27, 2014 5:17pm
Quoting lucariga
{quote} 100% agree but do you think that posting orders before execution and discuss them teaches more than just post a chart with winner or looser trades? If we all post orders instead of trades and Udine will add his comments we will grow much faster. I'm pretty sure Just my 2 cents
yes
  • #6,230
  • Jun 27, 2014 5:19pm Jun 27, 2014 5:19pm
Quoting lucariga
{quote} 100% agree but do you think that posting orders before execution and discuss them teaches more than just post a chart with winner or looser trades? If we all post orders instead of trades and Udine will add his comments we will grow much faster. I'm pretty sure Just my 2 cents
Sorry, this is the completely wrong attitude and view IMO. You can't expect to learn to trade exactly as Udine would and that is what you are trying to do with this. If you believe udines rules are profitable for udine you need to take those rules and adapt them to yourself, make it yours to fit you. Its the only way it will ever work. Udine has given so much in just sharing his method, let alone the time he takes (with bad eyes) to respond on this thread. Now its up to each of us to adapt it and make it work for yourself.

Break out of the mindset that you want to emulate what another trader does down to fine details, or your account will perish... slowly but surely - perhaps not even slowly
  • #6,231
  • Jun 27, 2014 5:21pm Jun 27, 2014 5:21pm
Callum 1 tip .... always put TP in order at same time as enter pending order , I had 5 losses in row yest morning because I put TP AFTER I was in the trade ,meaning that I was puting in TP from the current price Not from my entry price , meaning I was try to get 10pts instead of 5 ... result: faliures
Whats That? you're trading What?
  • #6,232
  • Jun 27, 2014 5:23pm Jun 27, 2014 5:23pm
Quoting Qed
You All got the RULES , You All got the method, NOW do the bloody work its not kindergarten its business , those pics with big losses ,110.00 etc ever heard of position sizing ?
I'm an engineer and I can absolutely assure you that teamwork is not only used in kindergarten.....

Teamwork is the base for the success of every single project in life....
  • #6,233
  • Jun 27, 2014 5:25pm Jun 27, 2014 5:25pm
Quoting Callum
{quote} Sorry, this is the completely wrong attitude and view IMO. You can't expect to learn to trade exactly as Udine would and that is what you are trying to do with this. If you believe udines rules are profitable for udine you need to take those rules and adapt them to yourself, make it yours to fit you. Its the only way it will ever work. Udine has given so much in just sharing his method, let alone the time he takes (with bad eyes) to respond on this thread. Now its up to each of us to adapt it and make it work for yourself. Break out of the...
Don't want to bother Udine at all (the only way I'll bother him will be on a golf course), I'm speaking of creating a thing called "trading room". Nothing more
  • #6,234
  • Jun 27, 2014 5:31pm Jun 27, 2014 5:31pm
Quoting lucariga
{quote} I'm an engineer and I can absolutely assure you that teamwork is not only used in kindergarten..... Teamwork is the base for the success of every single project in life....
Not so much in trading, many many highly successful traders work alone. In fact many will tell you that its only once they started working alone and not taking on board others views of the market that they became successful.

I don't doubt team work can have its benefits in some respects, but you can put together what ever team you like, its not going to help you figure out the markets...

I'm not trying to sound harsh lucariga but it seems you need to challenge your own thinking and break down some boxes... I have had to and it was Udine and this thread that has helped me see past where my previous barriers were holding me back.
  • #6,235
  • Jun 27, 2014 5:38pm Jun 27, 2014 5:38pm
Quoting Callum
{quote} its just the indicator, Grid_v2
THX alot, Now it works fine!!!!

Strange i got this grid on my eurjpy chart but i dont have this indy on it,,,
  • #6,236
  • Jun 27, 2014 5:43pm Jun 27, 2014 5:43pm
Quoting kman222
Hello fellow traders thought I'd have my first FF post here, as I've been following the thread for about 3 days now..(reading as much as I can, life gets in the way tho har har. on page 116 I think..) Ne ways, I've never used metatrader before or even intraday traded (been swinging for 2 years) But I love the concept of the simple system with price action and following the short-term trend for edge. I'm trying to get my meta trader charts to look like you guys.. for some reason the market display (showing gbp/jpy m15) stays frozen it never moves...
If I where you, I would remove the program and start over....go to page 1, post 4 and carefully unzip and install carefully in the directories shown....the indicators include all the ones you are missing such as sweet spots, open line etc. Also,after all indicators are in their place, install the template in the template folder...all should be in order....
  • #6,237
  • Jun 27, 2014 5:44pm Jun 27, 2014 5:44pm
Big deal you're an engineer, how long did you have to study to become 1.. FOREX is not a team game its 1 person aginst another ... for every winner there has to be a loser .. YOU just have to become better than the other by STUDYING IMO
Whats That? you're trading What?
  • #6,238
  • Jun 27, 2014 5:45pm Jun 27, 2014 5:45pm
Callum (I got interupted 1/2 way thru post ) PS if you need help along the way just ask but dont expect to be "spoon fed"
Whats That? you're trading What?
  • #6,239
  • Jun 27, 2014 5:45pm Jun 27, 2014 5:45pm
Quoting KennyForex
{quote} ANYBODY???? how do i get this grey lines on my chart,,,??? Thx again Udini for your excellent easy system, my first full time week with it made me 5,87% and then i just traded half of the risk you do here, so 0,5% per trade, Happy Trading all!
There is an update on page 10 post 199. The initial grid indi seems to have some problems depending on the mt4 version you are running....the update fixes those problems...
  • #6,240
  • Jun 27, 2014 5:55pm Jun 27, 2014 5:55pm
Quoting Swede
{quote} There is an update on page 10 post 199. The initial grid indi seems to have some problems depending on the mt4 version you are running....the update fixes those problems...
Now i got it on my chart and it works great
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