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As simple as possible: 00 level trading

  • #7,261
  • Jul 3, 2014 2:28am Jul 3, 2014 2:28am
Dear Udine,

Good day,... Green Day,....

I just want to have your opinion if someone trade GOLD,... what parameters should changed ? If Forex we stick on 10 pips per stage,... how about GOLD ? Any opinion ?

Thanks,

Paolo
  • #7,262
  • Jul 3, 2014 2:31am Jul 3, 2014 2:31am
Quoting Uluwatu
My EJ hit at 139.218 > TP at 139.250 less than 5 pips. Was it caused by slippage ? {image}
Mine was 139.217. Yes slippage. If it's always negative and never positive slippage then start asking questions of broker. I'm watching closely.
I can't be too upset, EJ and GJ both in profit, below 2% but with another trade I had taken today I'm up over 2% so MT4 getting closed.
Thanks Udine and all.
  • #7,263
  • Jul 3, 2014 2:31am Jul 3, 2014 2:31am
Quoting budidharma19
Dear Udine, Good day,... Green Day,.... I just want to have your opinion if someone trade GOLD,... what parameters should changed ? If Forex we stick on 10 pips per stage,... how about GOLD ? Any opinion ? Thanks, Paolo

nope never looked at gold and most probably never will..

Udine
Sleep less, live fast, as it aint gonna last
  • #7,264
  • Jul 3, 2014 2:31am Jul 3, 2014 2:31am
Quoting Udine
{quote} no phone calls during trading... when I am setting my pendings the phone has to wait, even my wife.... and she knows it... now she never ever calls at the start of a new hour... I think she likes the green pips... Udine

what about the honies from red light st.. not sure if I could put them on hold,,
Passion, Persist, Patience, Protect
  • #7,265
  • Jul 3, 2014 2:33am Jul 3, 2014 2:33am
Hey guys, this is my first day with an ECN broker (and my first 2 win on a row.... )

Just a question, how do you deal with commissions?

I've net 10 pips in 2 trades but I haven't obviously reach 2% of incoming...

As you know I've read every single post in this thread since the start, but can't remember how to deal with commission....

Sorry for that
  • #7,266
  • Jul 3, 2014 2:34am Jul 3, 2014 2:34am
Quoting fxgold01
i am little bit confuse in time selection? which currency pair i can select for trading in london market opening and which currency is suitable for new york opening? some help me..

copy me, i only focus on the EJ and GJ, and when there is JPY news i have the EU and GU as back up

Udine
Sleep less, live fast, as it aint gonna last
  • #7,267
  • Jul 3, 2014 2:34am Jul 3, 2014 2:34am
Quoting lucariga
Hey guys, this is my first day with an ECN broker (and my first 2 win on a row.... ) Just a question, how do you deal with commissions? I've net 10 pips in 2 trades but I haven't obviously reach 2% of incoming... As you know I've read every single post in this thread since the start, but can't remember how to deal with commission.... Sorry for that

nothing.. you pay it.. cost of doing business..
Passion, Persist, Patience, Protect
  • #7,268
  • Jul 3, 2014 2:36am Jul 3, 2014 2:36am
Quoting FXEmpire
{quote} what about the honies from red light st.. not sure if I could put them on hold,,

sorry to say, but the ladies from the red light street in Amsterdam, can be completely ignored, definately not lloking good enough...

Udine
Sleep less, live fast, as it aint gonna last
  • #7,269
  • Jul 3, 2014 2:37am Jul 3, 2014 2:37am
Quoting Udine
{quote} sorry to say, but the ladies from the red light street in Amsterdam, can be completely ignored, definately not lloking good enough... Udine

you know when I come down to see you.. taking you there to party and you will udine man..

edit...
it's offical that Udine's wife hates me already, lol
Passion, Persist, Patience, Protect
  • #7,270
  • Jul 3, 2014 2:39am Jul 3, 2014 2:39am
Quoting FXEmpire
{quote} you know when come down to see you.. taking you there to party and you will udine man..

I know about every place there, I lived 20 miles away from there...

Udine
Sleep less, live fast, as it aint gonna last
  • #7,271
  • Jul 3, 2014 2:40am Jul 3, 2014 2:40am
Quoting Udine
{quote} I know about every place there, I lived 20 miles away from there... Udine

so we get a good deal based old times,
Passion, Persist, Patience, Protect
  • #7,272
  • Jul 3, 2014 2:42am Jul 3, 2014 2:42am
So no more GBP trading for the next 1.5 hours with the news coming out soon.
Lets WUKAR FIFO!! - Udine
  • #7,273
  • Jul 3, 2014 2:44am Jul 3, 2014 2:44am
@ Udine

I know about the open above DO then only Longs and open below DO then only shorts but what if it switch direction early on and go in the opposite direction crossing the DO line.
Lets WUKAR FIFO!! - Udine
  • #7,274
  • Jul 3, 2014 2:45am Jul 3, 2014 2:45am
Quoting GoldCoastFX
So no more GBP trading for the next 1.5 hours with the news coming out soon.
and also GJ next levl is .900 towards north.
  • #7,275
  • Jul 3, 2014 2:47am Jul 3, 2014 2:47am
Quoting jeetvirk
{quote} and also GJ next levl is .900 towards north.
a yes thx good reminder.
Lets WUKAR FIFO!! - Udine
  • #7,276
  • Jul 3, 2014 2:49am Jul 3, 2014 2:49am
Quoting GoldCoastFX
So no more GBP trading for the next 1.5 hours with the news coming out soon.
That is correct - no pending orders for GBP pairs.....

Masterrmind...........
Master your Mind then Master your Trades
  • #7,277
  • Jul 3, 2014 2:50am Jul 3, 2014 2:50am
Quoting FXEmpire
{quote} nothing.. you pay it.. cost of doing business..
Thanks for answer.

Perfectly as I thought.... So we can't net 2% in just 2 trades.
  • #7,278
  • Jul 3, 2014 2:50am Jul 3, 2014 2:50am
Quoting Selga
EJ +5
Thatīs the spirit !

  • #7,279
  • Jul 3, 2014 2:51am Jul 3, 2014 2:51am
Quoting GoldCoastFX
@ Udine I know about the open above DO then only Longs and open below DO then only shorts but what if it switch direction early on and go in the opposite direction crossing the DO line.

what do you think.. based on the rules ??

Udine
Sleep less, live fast, as it aint gonna last
  • #7,280
  • Jul 3, 2014 2:56am Jul 3, 2014 2:56am
Quoting Udine
{quote} what do you think.. based on the rules ?? Udine
As long as the D1 & H1 agree then it is OK?
Lets WUKAR FIFO!! - Udine
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