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As simple as possible: 00 level trading

  • #6,761
  • Jul 1, 2014 1:02am Jul 1, 2014 1:02am
Quoting Bizzzle
Day 2 TP +5 GJ Back-testing will help a lot to become a sniper {image}

true words

Udine
Sleep less, live fast, as it aint gonna last
  • #6,762
  • Jul 1, 2014 1:03am Jul 1, 2014 1:03am
@Udine,

Did you put in a EJ long at the BRN ?
  • #6,763
  • Jul 1, 2014 1:04am Jul 1, 2014 1:04am
202 traders watching Udine , brokers will start watching soon ....
Whats That? you're trading What?
  • #6,764
  • Jul 1, 2014 1:06am Jul 1, 2014 1:06am
Quoting flx69
@Udine, Did you put in a EJ long at the BRN ?

nope, my 1H closed above the BRN..

Udine
Sleep less, live fast, as it aint gonna last
  • #6,765
  • Jul 1, 2014 1:06am Jul 1, 2014 1:06am
Quoting messiahua
I've started trading this method three weeks ago with a very small live account on micro lots and decided to post this small report at the end of the month. I didn't fully understand the "only first cross of 00" rule in the first place, so I lost almost every time: {image} Also my broker provided me with huge spreads for GJ and EJ, so it was basically a no go even after I grasped all the basic rules. I've lost about $12 from June 12 till June 19 and decided to search for another broker. I've opened several demo accounts and started to trade on one,...
That's a very good post Messiahua honest and transparent!

The most important thing is that at BE you are extremely close to making your trading profitable.

Whether that means researching alternative brokers that suit you better or altering your trading slightly to reduce the errors brought on by making mistakes it would be best to continue trading.

I especially like how you started trading on a small live micro account.

Good luck with your trading.

Masterrmind............
Master your Mind then Master your Trades
  • #6,766
  • Jul 1, 2014 1:07am Jul 1, 2014 1:07am
Quoting Qed
202 traders watching Udine , brokers will start watching soon ....
Doesn't matter becoz we all take different trades at different levels!
Give yourself a chance and trade it like it's layed out...
  • #6,767
  • Jul 1, 2014 1:08am Jul 1, 2014 1:08am
Quoting nitecop
{quote} I made the same trade but got stopped at b/e due to b/e-sl @ 3.5 pips do you still use that s/l?
yes
Sleep less, live fast, as it aint gonna last
  • #6,768
  • Jul 1, 2014 1:09am Jul 1, 2014 1:09am
Quoting FxMasterGuru
{quote} Apparently your interpretation of rule 7 was wrong... Sorry you missed this nice trade.

pmi is a girly news, lol .. put that in your book

not any RED is blood.
Passion, Persist, Patience, Protect
  • #6,769
  • Jul 1, 2014 1:10am Jul 1, 2014 1:10am
EJ to BE
  • #6,770
  • Jul 1, 2014 1:10am Jul 1, 2014 1:10am
Quoting bubincka
Udine, do you have activated the TS feature ? If yes it should have to take on previous GJ...

yes and it did not take it out..

Udine
Sleep less, live fast, as it aint gonna last
  • #6,771
  • Jul 1, 2014 1:11am Jul 1, 2014 1:11am
FxMasterGuru,

You are the most negative person i've read in a long time.
Change you're attitude man, don't worry be happy, i'm affraid you are waisting a good life!
Persistence will get it. Consistency will keep it.
  • #6,772
  • Jul 1, 2014 1:11am Jul 1, 2014 1:11am
EJ BE 139.005
  • #6,773
  • Jul 1, 2014 1:12am Jul 1, 2014 1:12am
dear udine..
just an observation of mine..

Taking the 900 lv long off the Pullback might not be as bad of a play!!..
you thought appreciated.
Passion, Persist, Patience, Protect
  • #6,774
  • Jul 1, 2014 1:12am Jul 1, 2014 1:12am
Quoting Chake
FxMasterGuru, You are the most negative person i've read in a long time. Change you're attitude man, don't worry be happy, i'm affraid you are waisting a good life!
Oh yeah!

I couldn't agree more........

Masterrmind........
Master your Mind then Master your Trades
  • #6,775
  • Jul 1, 2014 1:15am Jul 1, 2014 1:15am
Quoting Qed
202 traders watching Udine , brokers will start watching soon ....

Sleep less, live fast, as it aint gonna last
  • #6,776
  • Jul 1, 2014 1:15am Jul 1, 2014 1:15am
Negativity even kills a gold mine..

Mediocrity is turned to gold with just a lil positivity..

edit.. oh forgot.. quote, empire, lol
Passion, Persist, Patience, Protect
  • #6,777
  • Jul 1, 2014 1:16am Jul 1, 2014 1:16am
Quoting FXEmpire
dear udine.. just an observation of mine.. Taking the 900 lv long off the Pullback might not be as bad of a play!!.. you thought appreciated.

could be but I stick to my rules..

Udine
Sleep less, live fast, as it aint gonna last
  • #6,778
  • Jul 1, 2014 1:18am Jul 1, 2014 1:18am
Quoting Udine
{quote} nope, my 1H closed above the BRN.. Udine
Find that really interesting, I believe we have the same broker and my hour close was 138.997 and the next candle opened at 138.994, not that I took the trade anyway just fascinated by the way different people in different locations get different prices
  • #6,779
  • Jul 1, 2014 1:21am Jul 1, 2014 1:21am
Quoting silversurfer
{quote} Find that really interesting, I believe we have the same broker and my hour close was 138.997 and the next candle opened at 138.994, not that I took the trade anyway just fascinated by the way different people in different locations get different prices
yep, I am in aussie land, and have the same broker as udine on an ecn account, my close was 138.995 and the next open was 138.994... i took the trade BTW, ended up being BE - commission... only trade for me so far today
  • #6,780
  • Jul 1, 2014 1:22am Jul 1, 2014 1:22am
Quoting silversurfer
{quote} Find that really interesting, I believe we have the same broker and my hour close was 138.997 and the next candle opened at 138.994, not that I took the trade anyway just fascinated by the way different people in different locations get different prices
My EJ close 139.002

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