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As simple as possible: 00 level trading

  • #6,941
  • Jul 1, 2014 9:10pm Jul 1, 2014 9:10pm
Quoting jmflukeiii
{quote} EA to target - all the way there, except this dang GJ trade - {image}
GJ Bonus - finally...- FISO (fast in slow out).
Attached Image
Small disciplines repeated with consistency lead to great achievements.
  • #6,942
  • Jul 1, 2014 9:10pm Jul 1, 2014 9:10pm
GJ at TS. Pound generally been on a roll so contemplated taking TS off but stuck to rules. Looks like now it's on it's way.
  • #6,943
  • Jul 1, 2014 9:10pm Jul 1, 2014 9:10pm
and target hit in another couple min...very nice
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyim15 and target hit.png Size: 46 KB
  • #6,944
  • Jul 1, 2014 9:16pm Jul 1, 2014 9:16pm
Nice ones
  • #6,945
  • Jul 1, 2014 9:20pm Jul 1, 2014 9:20pm
Quoting Swede
running the two charts for the same currency certainly works well....one with target and stop...the second using the Wheelbarrow ea....here is a shot of what just happenned on the last little spike up...once 3.5 pips are attained the trailing kicks in...now a safe trade as far as losses are concerned...very smart system indeed.. {image}
now the only downside is if you have the wheelbarrow running on one chart....it will activate on all the charts you have running....thus my Aussie short was stopped with only 1.5 pips on the last little retrace....
  • #6,946
  • Jul 1, 2014 9:21pm Jul 1, 2014 9:21pm
Quoting Swede
{quote} now the only downside is if you have the wheelbarrow running on one chart....it will activate on all the charts you have running....thus my Aussie short was stopped with only 1.5 pips on the last little retrace....
GJ was very, very close to hitting TS on mine , .2 pips away I think.
Small disciplines repeated with consistency lead to great achievements.
  • #6,947
  • Jul 1, 2014 9:23pm Jul 1, 2014 9:23pm
Quoting Swede
{quote} now the only downside is if you have the wheelbarrow running on one chart....it will activate on all the charts you have running....thus my Aussie short was stopped with only 1.5 pips on the last little retrace....
You can use the 1.3.2e EA I posted (thanks to Pannet1) if you want each pair managed separately. (and don't use wheelbarrow.)
  • #6,948
  • Jul 1, 2014 9:27pm Jul 1, 2014 9:27pm
Quoting jmflukeiii
{quote} GJ was very, very close to hitting TS on mine , .2 pips away I think.
but all in all that is an excellent control...how many times over the years have we had a nice trade going, only to see it turn into a nasty drawdown...simply because the human factor didn't allow the stop, whereas the mechanical factor took over in this case an saved the bacon if a reversal kicked in....
  • #6,949
  • Jul 1, 2014 9:33pm Jul 1, 2014 9:33pm
GJ +>5 TP

Finally got there.....

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 34 KB


1 more to go..........

Masterrmind.............
Master your Mind then Master your Trades
  • #6,950
  • Jul 1, 2014 9:33pm Jul 1, 2014 9:33pm
Pending longs MM 5403 ..5404 wit 5pt TP , readu for next leg up spi
Whats That? you're trading What?
  • #6,951
  • Jul 1, 2014 9:36pm Jul 1, 2014 9:36pm
Quoting Qed
Pending longs MM 5403 ..5404 wit 5pt TP , readu for next leg up spi
Yes ............

Masterrmind..........
Master your Mind then Master your Trades
  • #6,952
  • Jul 1, 2014 9:43pm Jul 1, 2014 9:43pm
5 set from 00/04 all 5tp .that'l be the day done ( apart from bonus) ps xag got stopped in profit o/night
Whats That? you're trading What?
  • #6,953
  • Jul 1, 2014 9:48pm Jul 1, 2014 9:48pm
Quoting Qed
5 set from 00/04 all 5tp .that'l be the day done
Yes indeed.

I picked up a TS for a couple of pips on gold earlier.

Currently long GU from 1.71500 see how that runs.

EJ is no closer to filling my pending orders

Masterrmind............
Master your Mind then Master your Trades
  • #6,954
  • Jul 1, 2014 9:53pm Jul 1, 2014 9:53pm
cancelled all .. too far away now
Whats That? you're trading What?
  • #6,955
  • Jul 1, 2014 10:01pm Jul 1, 2014 10:01pm
missed the EA and GA longs.. too busy with work
  • #6,956
  • Jul 1, 2014 10:03pm Jul 1, 2014 10:03pm
Quoting Qed
cancelled all .. too far away now
Ok best you take that action .......

Masterrmind............
Master your Mind then Master your Trades
  • #6,957
  • Jul 1, 2014 10:09pm Jul 1, 2014 10:09pm
I wish you luck with the gu trade - interested to know why you chose that pair. It generally is pretty inactive until much closer to europe waking up.
  • #6,958
  • Jul 1, 2014 10:14pm Jul 1, 2014 10:14pm
tokyo time

UJ +TP
Attached Image (click to enlarge)
Click to Enlarge Name: Snap 2014-07-02 at 11.13.15.jpg Size: 69 KB
  • #6,959
  • Jul 1, 2014 10:17pm Jul 1, 2014 10:17pm
Quoting silversurfer
I wish you luck with the gu trade - interested to know why you chose that pair. It generally is pretty inactive until much closer to europe waking up.
It's a GBP pair for starters and the decision to place the pending order was based on the belief that I would be filled by the EJ order first and in that case would have deleted the pending order on GU.

GU is actually traded at half my usual position size.

I don't mind waiting out this order since in the event that EJ order is actioned and goes to profit and if GU is going no where I can simply close out GU.

Hope that helps explain my reasoning.

Masterrmind.............
Master your Mind then Master your Trades
  • #6,960
  • Jul 1, 2014 10:28pm Jul 1, 2014 10:28pm
Fair enough.
Any thoughts on how non farm data followed by a US public holiday will impact the market? I might just call it quits after the London open on Thursday and take a trading holiday myself.
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