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As simple as possible: 00 level trading

  • #7,361
  • Jul 3, 2014 6:24am Jul 3, 2014 6:24am
Quoting Udine
{quote} violation of Rule 6!! Udine
got it...thanks...
  • #7,362
  • Jul 3, 2014 6:37am Jul 3, 2014 6:37am
did not trade but the EJ and GJ would have given each 5 pips..

Ohh well there will be others...

Udine
Sleep less, live fast, as it aint gonna last
  • #7,363
  • Jul 3, 2014 6:39am Jul 3, 2014 6:39am
Quoting Udine
{quote} webcams
  • #7,364
  • Jul 3, 2014 6:42am Jul 3, 2014 6:42am
so i have been trading this method for maybe two weeks now with mixed results

i understand the rules now, although there is one thing i want to clarify.

can someone please tell me if my understanding is correct:

1) Only trade on the first two hourly opens after London open
2) If no trade in this time period, then wait for New York open
3) Only trade on the first two hourly opens after New York open

these will help maximise the momentum we are trying to catch

is this correct?
  • #7,365
  • Jul 3, 2014 6:42am Jul 3, 2014 6:42am
Quoting Udine
did not trade but the EJ and GJ would have given each 5 pips.. Ohh well there will be others... Udine
GJ was a close one, Rmup in green but it turned red 5 pips beyond the TP...

Next time youŽre over weŽll take Pippy the cat to Sausolito
  • #7,366
  • Jul 3, 2014 6:46am Jul 3, 2014 6:46am
Quoting flash4
so i have been trading this method for maybe two weeks now with mixed results i understand the rules now, although there is one thing i want to clarify. can someone please tell me if my understanding is correct: 1) Only trade on the first two hourly opens after London open 2) If no trade in this time period, then wait for New York open 3) Only trade on the first two hourly opens after New York open these will help maximise the momentum we are trying to catch is this correct?
yup
Sleep less, live fast, as it aint gonna last
  • #7,367
  • Jul 3, 2014 7:03am Jul 3, 2014 7:03am
Quoting flx69
{quote} Now John, I am willing to do cat sharing, but only for the Sydney/Tokyo session (thatŽs when I sleep you see). Pippy (strange name for a cat, innit) however, gets really active during those sessions. ThereŽs one thing of the utmost importance that you should know. When showing the EJ or GJ charts, you have to hold up a piece of sashimi next to the chart. This will considerably accelerate the decision making process resulting in the confirmation, thus having a swifter entry at the next 00 level. Be warned, my backtests showed that using sushi...
Perhaps if you age the sashimi and place it, with just a bit of ginger, behind the monitor, we can avoid slippage. Although we are going to need to experiment with the proper setting...i mean... amount... of ginger to use. Damn... we might need to backtest multiple weights of sashami as well. Can might get a few more cats to backtest all of the combinations of sashimi weight and ginger weight in order to find the most ideal settings?

Now I think the sashimi probably works well during the Tokyo session, but should we perhaps backtest with a dog and cheeseburger for the NY session?
Small disciplines repeated with consistency lead to great achievements.
  • #7,368
  • Edited 7:40am Jul 3, 2014 7:05am | Edited 7:40am
Quoting Udine
did not trade but the EJ and GJ would have given each 5 pips.. Ohh well there will be others... Udine
I took the GJ and let it ride for my only trade this morning. No trading tomorrow for me due to the holiday -
Attached Image (click to enlarge)
Click to Enlarge Name: gj 7.3.14.png Size: 48 KB
Small disciplines repeated with consistency lead to great achievements.
  • #7,369
  • Jul 3, 2014 7:08am Jul 3, 2014 7:08am
hi, back.. skipped the dipping, lol..
I hope you all stayed out of trouble but from a glance of chart not much of fireworks, pretty weak actually.. maybe can get couple of trades in..
Passion, Persist, Patience, Protect
  • #7,370
  • Jul 3, 2014 7:23am Jul 3, 2014 7:23am
Quoting flx69
Now, whereŽs the trend ? Anybody who has a pending short @ .100, this is the time to delete it... {image}
Actually there should be no pending shorts @ the 100 level because it breaks two rules.... Don't sell at the 100 level and don't sell if the RmDn has exceeded its max and is red.

GREEN pips to all.
  • #7,371
  • Jul 3, 2014 7:38am Jul 3, 2014 7:38am
Last few days i also look at NZD* currencies. So far very impressive in spite of the fact that ADR of that pairs is ordinary.
  • #7,372
  • Jul 3, 2014 7:48am Jul 3, 2014 7:48am
Just one trade today +5 on GJ.

4 day no loses, hope I can keep it up

Cu all in the morning!
Give yourself a chance and trade it like it's layed out...
  • #7,373
  • Jul 3, 2014 7:49am Jul 3, 2014 7:49am
Quoting Bizzzle
Just one trade today +5 on GJ. 4 day no loses, hope I can keep it up Cu all in the morning!
great job..
Passion, Persist, Patience, Protect
  • #7,374
  • Jul 3, 2014 7:54am Jul 3, 2014 7:54am
Udine.. who is your world cup winner?..
Passion, Persist, Patience, Protect
  • #7,375
  • Jul 3, 2014 7:57am Jul 3, 2014 7:57am
Quoting FXEmpire
Udine.. who is your world cup winner?..
Well the Netherlands off course

Edit: proud to be Dutch !!

Udine
Sleep less, live fast, as it aint gonna last
  • #7,376
  • Jul 3, 2014 7:59am Jul 3, 2014 7:59am
Quoting Udine
{quote} Well the Netherlands off course Edit: proud to be Dutch !! Udine

Netherlands vs Colombia

we are the champion
  • #7,377
  • Jul 3, 2014 7:59am Jul 3, 2014 7:59am
Quoting Udine
{quote} Well the Netherlands off course Edit: proud to be Dutch !! Udine

You think they will actually win it!!! ... now seriously, lol
Passion, Persist, Patience, Protect
  • #7,378
  • Jul 3, 2014 8:05am Jul 3, 2014 8:05am
Quoting Juan007
{quote} Netherlands vs Colombia we are the champion

Juanito, you atta get passed Brasssil first..
Passion, Persist, Patience, Protect
  • #7,379
  • Jul 3, 2014 8:09am Jul 3, 2014 8:09am
Quoting FXEmpire
{quote} You think they will actually win it!!! ... now seriously, lol
I am serious !!!
Sleep less, live fast, as it aint gonna last
  • #7,380
  • Jul 3, 2014 8:11am Jul 3, 2014 8:11am
Quoting FXEmpire
{quote} Juanito, you atta get passed Brasssil first..
yes firts Brasil

second France and Germany ?


no panic .... we are the champion
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