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As simple as possible: 00 level trading

  • #6,581
  • Jun 30, 2014 9:16am Jun 30, 2014 9:16am
Quoting Udine
{quote} If i am not able to make my pips during London, then I better look for a job Udine
Yes that's for sure.

It's usually the easiest session to make your money.

Masterrmind..........
Master your Mind then Master your Trades
  • #6,582
  • Jun 30, 2014 9:16am Jun 30, 2014 9:16am
Quoting Masterrmind
{quote} Yes my time zone GMT+10 allows me to trade through most of the sessions except the very last part of New York so I'm lucky in that respect. Masterrmind..........
Unfortunately, I'm stuck with Tokyo and New York, no London in my time zone. Although I have contemplated setting an alarm, waking up for the London open, setting trades and the trail stop and going back to bed. So far, I've been doing very well just with Tokyo and NY, but London always seems to have such nice moves! (It opens at 12am for me).

EDIT: For clarification, London still does exist in my time zone, i'm just sleeping!
Small disciplines repeated with consistency lead to great achievements.
  • #6,583
  • Jun 30, 2014 9:16am Jun 30, 2014 9:16am
Quoting Udine
{quote}
Thanks mate daily target hit for first day

Cu all tomo, thanks again Udine
Give yourself a chance and trade it like it's layed out...
  • #6,584
  • Jun 30, 2014 9:20am Jun 30, 2014 9:20am
Quoting well72
2.22%. I think, not bad for a first day on the new system. Trades was 18. But I'm still learning {image}
Excellent work my friend !

Masterrmind.............
Master your Mind then Master your Trades
  • #6,585
  • Jun 30, 2014 9:25am Jun 30, 2014 9:25am
Quoting jmflukeiii
{quote} Unfortunately, I'm stuck with Tokyo and New York, no London in my time zone. Although I have contemplated setting an alarm, waking up for the London open, setting trades and the trail stop and going back to bed. So far, I've been doing very well just with Tokyo and NY, but London always seems to have such nice moves! (It opens at 12am for me). EDIT: For clarification, London still does exist in my time zone, i'm just sleeping!
There is always plenty of green pips hanging around in the Asian and New York sessions.

As long as you can grab your fair share then you most likely don't need the London session.

Once you have made your fortune then you simply go and live in a time zone that suits your lifestyle...........

Masterrmind............
Master your Mind then Master your Trades
  • #6,586
  • Jun 30, 2014 9:25am Jun 30, 2014 9:25am
Quoting Masterrmind
{quote} Excellent work my friend ! Masterrmind.............
Thanks By the way, just cable updated monthly high.
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Greed causes poverty
  • #6,587
  • Jun 30, 2014 9:30am Jun 30, 2014 9:30am
Quoting well72
2.22%. I think, not bad for a first day on the new system. Trades was 18. But I'm still learning {image}
great start !!

Udine
Sleep less, live fast, as it aint gonna last
  • #6,588
  • Jun 30, 2014 9:30am Jun 30, 2014 9:30am
Quoting well72
{quote} Thanks By the way, just cable updated monthly high. {image}
Yes I've been watching the cable for a number of months now.

All the news for the GBP has been super positive no surprise it keeps surging higher.

When to take the short is the million dollar question?

Masterrmind.............
Master your Mind then Master your Trades
  • #6,589
  • Jun 30, 2014 9:31am Jun 30, 2014 9:31am
Quoting Bizzzle
{quote} Thanks mate daily target hit for first day Cu all tomo, thanks again Udine

rinse and repeat

Udine
Sleep less, live fast, as it aint gonna last
  • #6,590
  • Jun 30, 2014 9:35am Jun 30, 2014 9:35am
That's what I like about your system Udine ..... just wake up the next trading day and do it all over again

Fantastic as long as you're sensible and use your brains it works brilliantly.

Masterrmind............
Master your Mind then Master your Trades
  • #6,591
  • Jun 30, 2014 9:38am Jun 30, 2014 9:38am
GJ -10/+5 EJ 0/+5, BE today.
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  • #6,592
  • Jun 30, 2014 9:39am Jun 30, 2014 9:39am
Quoting Masterrmind
That's what I like about your system Udine ..... just wake up the next trading day and do it all over again Fantastic as long as you're sensible and use your brains it works brilliantly. Masterrmind............

true words my friend..
Sleep less, live fast, as it aint gonna last
  • #6,593
  • Jun 30, 2014 9:39am Jun 30, 2014 9:39am
Quoting Selga
GJ -10/+5 EJ 0/+5, BE today.
well done, it was a difficult day..

Udine
Sleep less, live fast, as it aint gonna last
  • #6,594
  • Jun 30, 2014 9:41am Jun 30, 2014 9:41am
Quoting Masterrmind
{quote} Yes I've been watching the cable for a number of months now. All the news for the GBP has been super positive no surprise it keeps surging higher. When to take the short is the million dollar question? Masterrmind.............
This is how market makers will want ...
Greed causes poverty
  • #6,595
  • Jun 30, 2014 9:42am Jun 30, 2014 9:42am
Hi Udine,

Been Following this Thread a bit. The Question that comes to my mine is: Why the "00". In ur first Post u wrote that ur not inventing anything new. Whats behind the "00" Idea. Are These Lvls so heavily watched buy all Traders? do bigger players enter at those lvls which gives us more Edge to Ride new Momentum? I Know the value of Big Round numbers and that the function as S/R, but don't quite grasp ur train of though.

in Addition i wanted to Ask if u also look at Different lvls like S/R on higher TF or PP, Fibs, etc to skip Trades? Or are u only considered about the .900 and .100?


Thx!
  • #6,596
  • Jun 30, 2014 9:44am Jun 30, 2014 9:44am
Quoting Udine
{quote} great start !! Udine
Thanks, master
Greed causes poverty
  • #6,597
  • Jun 30, 2014 9:45am Jun 30, 2014 9:45am
Daily target reached even late in session....total work day so far 1 hour..trading from the West Coast in Canada...great system Udine....can trade very relaxed this way...
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  • #6,598
  • Jun 30, 2014 9:46am Jun 30, 2014 9:46am
Quoting Udine
{quote} true words my friend..
Likewise...........

Masterrmind........
Master your Mind then Master your Trades
  • #6,599
  • Jun 30, 2014 9:46am Jun 30, 2014 9:46am
and yes I know little room upside due to atr...but seemed trading very strong...once BRN breached
  • #6,600
  • Jun 30, 2014 9:46am Jun 30, 2014 9:46am
Quoting Swede
Daily target reached even late in session....total work day so far 1 hour..trading from the West Coast in Canada...great system Udine....can trade very relaxed this way... {image}

great to hear !!

Udine
Sleep less, live fast, as it aint gonna last
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