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As simple as possible: 00 level trading

  • #6,301
  • Jun 28, 2014 11:23pm Jun 28, 2014 11:23pm
Quoting Qed
wonder if he would post it again when he comes in ...
Just click on the attachment paper clip, sort by posters name, go to ericjschroed, look for the sweetspots that has a v2 at the end. I'd post it but it's already here, and I'm on the cell phone :/
Small disciplines repeated with consistency lead to great achievements.
  • #6,302
  • Jun 28, 2014 11:29pm Jun 28, 2014 11:29pm
Quoting Qed
what you mean someone swings the golf club for Tiger? the bloke standing next to Tiger is UDINE... hes telling Tiger :"Follow the Rules ,but you have to swing the club: its your GAME Tiger ...."
Sleep less, live fast, as it aint gonna last
  • #6,303
  • Jun 28, 2014 11:35pm Jun 28, 2014 11:35pm
Quoting FxMasterGuru
{quote} 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...

not one strategy for forex is the holy grail... YOU ARE THE HOLY GRAIL in forextrading !!!

Its clear you lack experience, but that only comes when you spend a lot of time and hard work in analyzing...

You will never become succesful in forextrading if you think its simply a matter of pushing buy and sell when some rules apply, there is always more to it, but sometimes when all is going smoothly, simply following rules works, but when the market is difficult, like these last few weeks (low ADR) you have to be selective to choose your battless

I never said it was easy , but boy I can tell you its worth it !!

Udine
Sleep less, live fast, as it aint gonna last
  • #6,304
  • Jun 28, 2014 11:41pm Jun 28, 2014 11:41pm
Quoting FxMasterGuru
Has anybody else noticed that over the past week there were multiple entries (by the "Rules") which had been barely touched then moved to StopLoss really fast...? Guess, why? Brokers, banks, institutional traders also read this thread, and NOW they know exactly where to hunt down the amateurs... It is already HAPPENING... One should consider how it will effect the neccesary 8:2 Win/Loss ratio absolutely necessary (read above posts) to keep this strategy profitable... {image}

you give us too much credit, they dont give a damn about us.. we are simply a grain of sand in the desert...

Udine
Sleep less, live fast, as it aint gonna last
  • #6,305
  • Jun 28, 2014 11:44pm Jun 28, 2014 11:44pm
Quoting FxMasterGuru
{quote} Totally agree. Although one should not "preach water and drink wine" - so to speak symbolically. As it is turning out from multiple feedbacks, just by using the "rules" (i.e. without any additional discretion) may not produce the claimed 2% per day...

come over to Italy and trade with me (you would be the third person)... your more than welcome..
one person drove here, another one flew over...

how bad do you want it???

but to be honest, with this attitude I doubt you will make it, as your focussing on the wrong things...

Udine
Sleep less, live fast, as it aint gonna last
  • #6,306
  • Jun 28, 2014 11:46pm Jun 28, 2014 11:46pm
Quoting FxMasterGuru
Has anybody else noticed that over the past week there were multiple entries (by the "Rules") which had been barely touched then moved to StopLoss really fast...? Guess, why? Brokers, banks, institutional traders also read this thread, and NOW they know exactly where to hunt down the amateurs... It is already HAPPENING... One should consider how it will effect the neccesary 8:2 Win/Loss ratio absolutely necessary (read above posts) to keep this strategy profitable... {image}
ha ha ha that is the funniest thing I've read today. Yes the bankers and brokers and the powers that be are studiously watching FF and tracking the systems proposed on the forums to knock out all those $1000 accounts.... enjoy life under the tin foil hat
  • #6,307
  • Jun 28, 2014 11:50pm Jun 28, 2014 11:50pm
Quoting pj9999
{quote} I agree with you however there are a lot of rookies believing in this strategy now the question is:are they being led up the wrong path,who knows? all udine has to do is post a simple video?thats now much to ask....considering he spends most of his time on this tread anyway? If people spend so much time posting a strategy why not back it up with the following: 1.How long has this this strategy being traded 2.percentage of win/loss ratio 3.has he being trading this on a real account and what kind of returns have being made. If you read all...
read the bloody thread !!!

1. answered in the thread
2. answered in the thread
3. I live of this, if you check my charts and simply count , you know exactly my % per day

If and there is big if I make a video I wont show details of my live acccount, so what is your real issue here ??

Udine
Sleep less, live fast, as it aint gonna last
  • #6,308
  • Jun 29, 2014 12:01am Jun 29, 2014 12:01am
Quoting jmflukeiii
{quote} Just click on the attachment paper clip, sort by posters name, go to ericjschroed, look for the sweetspots that has a v2 at the end. I'd post it but it's already here, and I'm on the cell phone :/
Im dammed if i can see any paperclip to click on............
Whats That? you're trading What?
  • #6,309
  • Jun 29, 2014 12:08am Jun 29, 2014 12:08am
Quoting Qed
{quote} Im dammed if i can see any paperclip to click on............

upper right corner of the page..

Attached Image


click the paperclip with the number 1126

Udine
Sleep less, live fast, as it aint gonna last
  • #6,310
  • Jun 29, 2014 12:10am Jun 29, 2014 12:10am
Said paperclip is in the red circle on attached image.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2014-06-28 22.07.20.png Size: 305 KB
  • #6,311
  • Jun 29, 2014 12:11am Jun 29, 2014 12:11am
later guys/girls

Udine
Sleep less, live fast, as it aint gonna last
  • #6,312
  • Jun 29, 2014 12:12am Jun 29, 2014 12:12am
Dang, Udine's here on the weekend? What is going on???
  • #6,313
  • Jun 29, 2014 12:40am Jun 29, 2014 12:40am
Eric just the person i wanna see , could you post the link to move the price labels acrossthe page to rhs a bit please
Whats That? you're trading What?
  • #6,314
  • Jun 29, 2014 12:49am Jun 29, 2014 12:49am
Quoting Qed
Eric just the person i wanna see , could you post the link to move the price labels acrossthe page to rhs a bit please
Click on my name, go to Forum Attachments and look for SweetSpotsGOLD_TRO_MODIFIED_VERSION v2.1.mq4
  • #6,315
  • Jun 29, 2014 12:58am Jun 29, 2014 12:58am
ok thanks Eric
Whats That? you're trading What?
  • #6,316
  • Jun 29, 2014 1:09am Jun 29, 2014 1:09am
ok loaded that . price level labels havent moved to rhs of page at all
Whats That? you're trading What?
  • #6,317
  • Jun 29, 2014 2:05am Jun 29, 2014 2:05am
I will have another go of showing my template (what is here is plenty for me to do my trading).
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdh1.png Size: 53 KB
  • #6,318
  • Jun 29, 2014 2:11am Jun 29, 2014 2:11am
OK.....hahahaha...wrong template...this is my template for trading Gold (curtsey of my dearest friend from down under) .....I use Heiken Ashi candles combined with Udines indicators (majority of them)....My templates for currencies are more like the real thing - black background with standard candles....I better stop uploading stuff....may end up with my family birth day dinner for all to admire....lol...:-)))
  • #6,319
  • Jun 29, 2014 2:13am Jun 29, 2014 2:13am
hehe
Whats That? you're trading What?
  • #6,320
  • Jun 29, 2014 2:25am Jun 29, 2014 2:25am
These are two great things i learned from Udine:

- 200 pips a month consistently is good enough

- 1% risk per trade, 2% target per day, you would compound your account to 50% increment within 1 month, and 10 times within 6 months
Outcome is not important at all, but correct technique is what only matters
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