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As simple as possible: 00 level trading

  • #7,801
  • Jul 5, 2014 12:18am Jul 5, 2014 12:18am
Guys be sweet and respect all in the thread please, there is already enough misery in the world

Udine
Sleep less, live fast, as it aint gonna last
  • #7,802
  • Jul 5, 2014 12:21am Jul 5, 2014 12:21am
Quoting driven18
So, there is still no understanding why this loss trade(see white arrow) should not be taken...it was in sync with EJ and at the proper level...all per rules..comments? {image}

Ok here is the simple answer..

first of all its a valid entry, but ...
1. I already made my 2 % on the London open..
2. US bank holiday and its friday

why should I put my hard earned money at risk ???

I might not be able to regain it during the rest of the day..

Thats all the reasoning behind it..

Udine
Sleep less, live fast, as it aint gonna last
  • #7,803
  • Jul 5, 2014 12:26am Jul 5, 2014 12:26am
Quoting pj9999
Post 1 Cleanup Quote First Post: Nov 9, 2011 8:24am | Edited Jan 30, 2012 4:51am Udine Joined Jul 2008 | Status: Member | 3,203 Posts UPDATE: I have made a minor adjustment to the...

Simple answer...

INVICTUS works perfectly during trending times or times with large ADRs, now we have a time with low ADRs... so it works less..

Dont know what you looking for, but if you can teach me a new trick in trading, please open a thread and show to the world and share.. So far you only have been on the negative side of things...

In case this system does not work for you .. why dont you simply move on??

If you dont start posting usefull things, you might become the second one...

have a nice weekend

Udine
Sleep less, live fast, as it aint gonna last
  • #7,804
  • Jul 5, 2014 12:30am Jul 5, 2014 12:30am
gidday Udine , question If i may , I cant find the indicator to load london etc opening times hint please
Whats That? you're trading What?
  • #7,805
  • Jul 5, 2014 1:21am Jul 5, 2014 1:21am
Quoting Udine
{quote} Ok here is the simple answer.. first of all its a valid entry, but ... 1. I already made my 2 % on the London open.. 2. US bank holiday and its friday why should I put my hard earned money at risk ??? I might not be able to regain it during the rest of the day.. Thats all the reasoning behind it.. Udine
not such a sexy answer for you there Driven kid, is it!!.. not a rule, right!!.. but pure commonsense, and he has mentioned it at least a dozen times in this thread. This is known as Daily Management.. picking your battle technical wise and management wise.
..oh yes, trading is hard and not for everyone bcz it ain't the black and white thing that you have imagined for yourself or folks alike.

That's all I was trying to hit home with some extra techniques to ponder on, in the time of need.

.. but hey I am the idiot according to you.
Passion, Persist, Patience, Protect
  • #7,806
  • Edited 8:40am Jul 5, 2014 2:03am | Edited 8:40am
Now we have got the answer

There is one more thing.
...The yesterday's back test showed (from January 1 to June 30) that TP=25 is more profitable.
But this was EA and news weren't processed.
  • #7,807
  • Jul 5, 2014 3:04am Jul 5, 2014 3:04am
Udine excellent system proposed by the search for general inspection and testing thanks. Amazed your exposure when responding to blunt questionsAbout
Sincerely
  • #7,808
  • Jul 5, 2014 3:07am Jul 5, 2014 3:07am
FXEmpire,

Maybe tone it down a little? no need to come back at driven18 just to prove you are right.
In my opinion driven18 asked a valid question, you tried to explane and he respected you for that but still needed an answer from Udine to be sure.
Nothing wrong with that right?

Some traders like your style some don't, relax, live is to precious to waste on negativity.

Tonight we play against Costa Rica, i'm busy filling my fridge right now
Persistence will get it. Consistency will keep it.
  • #7,809
  • Jul 5, 2014 3:32am Jul 5, 2014 3:32am
Quoting Chake
FXEmpire, Maybe tone it down a little? no need to come back at driven18 just to prove you are right. In my opinion driven18 asked a valid question, you tried to explane and he respected you for that but still needed an answer from Udine to be sure. Nothing wrong with that right? Some traders like your style some don't, relax, live is to precious to waste on negativity. Tonight we play against Costa Rica, i'm busy filling my fridge right now

calling me an idiot is respect in your book while I only tried to help?.. I don't understand your logic..

however from now on I just stay as a humble observer..

.. and folks do me a favor.. stop pm me about details of this method or broker or this and that.. that is why I make posts that I make to answer all in one out in the public for everyone's benefits.

enjoy the match chake
Passion, Persist, Patience, Protect
  • #7,810
  • Jul 5, 2014 3:40am Jul 5, 2014 3:40am
looks very interesting Udine
Will give it a go next week
I have read the whole thread
Only thing I am not clear on is are there times when not to trade?
Your explanation of Fridays trades was clear and does not need to be explained to anyone with trading experience
But discretion in picking trades is not normally that clear
I will stop for the day when +10
I will wait for London Open
I will put valid orders in according to rules on all 4 pairs you trade and take the first 2 that are triggered and then cancel all remaining orders
If my morning trades have not given me my +10 then I will trade new york open the same way I traded the London open
Is that how you would approach it?
stay green
  • #7,811
  • Jul 5, 2014 3:41am Jul 5, 2014 3:41am
Quoting Chake
FXEmpire, Maybe tone it down a little? no need to come back at driven18 just to prove you are right. In my opinion driven18 asked a valid question, you tried to explane and he respected you for that but still needed an answer from Udine to be sure. Nothing wrong with that right? Some traders like your style some don't, relax, live is to precious to waste on negativity. Tonight we play against Costa Rica, i'm busy filling my fridge right now
What do you expect from a spoiled millionaire "bullyboy"...??

"Bullyboy" thinks that his millions had made him a better, smarter and wiser person than anybody else on Earth, so now he feels entitled to live out his insticts and bully the ones (except for those whom he considers richer, smarter or wiser) who dare to challenge his views. Just ignore him! Without his millions his Ego would srink to a size of peanut...
  • #7,812
  • Jul 5, 2014 3:53am Jul 5, 2014 3:53am
Quoting FxMasterGuru
{quote} What do you expect from a spoiled millionaire "bullyboy"...?? "Bullyboy" thinks that his millions had made him a better, smarter and wiser person than anybody else on Earth, so now he feels entitled to live out his insticts and bully the ones (except for those whom he considers richer, smarter or wiser) who dare to challenge his views. Just ignore him! Without his millions his Ego would srink to a size of peanut...

Thanks for the kind words..
may 2014 be full of success and achievements for you.
Passion, Persist, Patience, Protect
  • #7,813
  • Jul 5, 2014 3:53am Jul 5, 2014 3:53am
Quoting pj9999
Post 1 Cleanup Quote First Post: Nov 9, 2011 8:24am | Edited Jan 30, 2012 4:51am Udine Joined Jul 2008 | Status: Member | 3,203 Posts UPDATE: I have made a minor adjustment to the...
Congrats.
You´re the first person to meet each and every one of the criteria on my extensive list: IGNORED
  • #7,814
  • Jul 5, 2014 3:56am Jul 5, 2014 3:56am
Quoting Udine
{quote} Simple answer... INVICTUS works perfectly during trending times or times with large ADRs, now we have a time with low ADRs... so it works less.. Dont know what you looking for, but if you can teach me a new trick in trading, please open a thread and show to the world and share.. So far you only have been on the negative side of things... In case this system does not work for you .. why dont you simply move on?? If you dont start posting usefull things, you might become the second one... have a nice weekend Udine
Fair enough Udine....
  • #7,815
  • Jul 5, 2014 4:07am Jul 5, 2014 4:07am
Quoting FxMasterGuru
{quote} What do you expect from a spoiled millionaire "bullyboy"...?? "Bullyboy" thinks that his millions had made him a better, smarter and wiser person than anybody else on Earth, so now he feels entitled to live out his insticts and bully the ones (except for those whom he considers richer, smarter or wiser) who dare to challenge his views. Just ignore him! Without his millions his Ego would srink to a size of peanut...
You're wrong there. He just likes a good fight and there's plenty of that going on here!
  • #7,816
  • Jul 5, 2014 4:15am Jul 5, 2014 4:15am
Quoting jen101
{quote} You're wrong there. He just likes a good fight and there's plenty of that going on here!
You are right... But isn't it what bullies like and enjoy even in schools? I.e. a "good fight" which they can win simply by brute force of muscle or rude words...

Once bully mentality is combined with financial wealth and some wits, it is the "perfect storm" for EGO-MANIA...
  • #7,817
  • Jul 5, 2014 4:55am Jul 5, 2014 4:55am
Quoting FxMasterGuru
{quote} You are right... But isn't it what bullies like and enjoy even in schools? I.e. a "good fight" which they can win simply by brute force of muscle or rude words... Once bully mentality is combined with financial wealth and some wits, it is the "perfect storm" for EGO-MANIA...
The worst bullies are the ones who do it on the sly; jobs worths, civil servants and those who feel they have been hard done by. They get a little bit of power and milk it to death. You'd find they were probably inadequate at school and have big chips.
  • #7,818
  • Jul 5, 2014 5:35am Jul 5, 2014 5:35am
Quoting FXEmpire
{quote} calling me an idiot is respect in your book while I only tried to help?.. I don't understand your logic..

FXEmpire,

I know you had good intentions, so respect for the help you offered.
And no.. calling idiot is not respect in my book!
It went wrong when driver18 wasn't satisfied with youre help, and you told him: "your beyond hope probably"

Nobody is beyond hope if you (FXEmpire) cannot help him/her, it probably just takes another teacher.

Enough off this, next week i start demoiing this system, if it is worth it (in wich i have high hopes) in a month or two i will trade it with life money.
Persistence will get it. Consistency will keep it.
  • #7,819
  • Jul 5, 2014 5:43am Jul 5, 2014 5:43am
Quoting Chake
{quote} FXEmpire, I know you had good intentions, so respect for the help you offered. And no.. calling idiot is not respect in my book! It went wrong when driver18 wasn't satisfied with youre help, and you told him: "your beyond hope probably" Nobody is beyond hope if you (FXEmpire) cannot help him/her, it probably just takes another teacher. Enough off this, next week i start demoiing this system, if it is worth it (in wich i have high hopes) in a month or two i will trade it with life money.

I wish you success.

stay green.
Passion, Persist, Patience, Protect
  • #7,820
  • Jul 5, 2014 5:45am Jul 5, 2014 5:45am
just put anyone that you find rude or don't like on ignore folks I already have a few ,that are a waste of space on my screen

saves lot of stress easy
goodluck all
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