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As simple as possible: 00 level trading

  • #8,081
  • Jul 7, 2014 7:46am Jul 7, 2014 7:46am
Quoting jmflukeiii
{quote} In case anyone was curious why I traded the two pairs I did, this is why: EU was just barely above its open, same with EA. And EJ was below its open, but not very far. Not a lot of agreement between the three in terms of a strong direction. The G pairs on the other hand were all significantly below their opens. GJ was already at Red for RmDn, which simply left GU and GA to take trades on.
solid jm..

gu looked so good...
but of course with my head up my you know what I passed, lol
Passion, Persist, Patience, Protect
  • #8,082
  • Jul 7, 2014 7:50am Jul 7, 2014 7:50am
Quoting Masterrmind
Bonus trade #4 GU to +>5 TP {image} Masterrmind............
For me too bonus trade.

EURCAD +3 pips
Intraday only.
  • #8,083
  • Jul 7, 2014 7:53am Jul 7, 2014 7:53am
Quoting navk
{quote} For me too bonus trade. EURCAD +3 pips
Nice work!

I'm still short EJ from the 500 level it's not looking that great at the moment but let's wait and see.

Masterrmind..........
Master your Mind then Master your Trades
  • #8,084
  • Jul 7, 2014 7:53am Jul 7, 2014 7:53am
Million Thanks Udine for giving us Best system and Rules.

Rule @ 5
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm1 01.07.png Size: 53 KB
  • #8,085
  • Jul 7, 2014 7:54am Jul 7, 2014 7:54am
Quoting Patmontes
{quote} What are your TS settings if I may ask. No TP set at 5 pips?
My settings currently are TS 40, Commission 0.0, TP 50. I later noticed that expert in GJ trade took 10 pips profit instead of 5. No idea why. Nice in this case, but I hope it doesn't perform that way with SLs.
  • #8,086
  • Jul 7, 2014 7:55am Jul 7, 2014 7:55am
Quoting Bizzzle
{quote} I still haven't had a lose yet
that's awesome! how do you determine when to enter? Looking back there were quite a few trades that would have been a loser to me!
Everything you can imagine, is real - Pablo Picasso
  • #8,087
  • Jul 7, 2014 8:01am Jul 7, 2014 8:01am
ej sellstop 138.500 ???????
  • #8,088
  • Jul 7, 2014 8:06am Jul 7, 2014 8:06am
Quoting Direwolf
{quote} that's awesome! how do you determine when to enter? Looking back there were quite a few trades that would have been a loser to me!
Price always moves in waves... so I wait for price to gain some momentum and pull-back then continue!

That just my PA experience I suppose but notice while back-testing that after a pull-back price should continue moving in same direction!

Best of luck
Give yourself a chance and trade it like it's layed out...
  • #8,089
  • Jul 7, 2014 8:07am Jul 7, 2014 8:07am
Quoting Juan007
ej sellstop 138.500 ???????
I´m in, practicing on my demo account. It´s struggling, so a lot of patience needed...

Are you trading demo Juan ?
The reason I ask is that the number of trades you´ve already taken today would be rather excessive for a live account
  • #8,090
  • Jul 7, 2014 8:12am Jul 7, 2014 8:12am
Quoting flx69
{quote} I´m in, practicing on my demo account. It´s struggling, so a lot of patience needed... Are you trading demo Juan ? The reason I ask is that the number of trades you´ve already taken today would be rather excessive for a live account

yes demo for 2 mouths
i run a expert advisor and i check wich trade i run or cancel

its more fast and i only select the trades

the Expert check the rules

its a good teacher also
  • #8,091
  • Jul 7, 2014 8:18am Jul 7, 2014 8:18am
Quoting Udine
{quote} open the ea and adjust the settings to 35 Udine

Thanks Udine,

I take it is the Wheelbarrel with these settings..?
Attached Image
  • #8,092
  • Jul 7, 2014 8:19am Jul 7, 2014 8:19am
Another small bonus + 2 pips GBPAUD
Intraday only.
  • #8,093
  • Jul 7, 2014 8:20am Jul 7, 2014 8:20am
Quoting campco
{quote} Thanks Udine, I take it is the Wheelbarrel with these settings..? {image}
Most people have BE pips set @ 35.
  • #8,094
  • Jul 7, 2014 8:21am Jul 7, 2014 8:21am
Total for me today ;

EJ + 5
GU + 5
EC + 2
GA + 2
Intraday only.
  • #8,095
  • Jul 7, 2014 8:22am Jul 7, 2014 8:22am
I dedicate the success fully to Udine.
Intraday only.
  • #8,096
  • Jul 7, 2014 8:25am Jul 7, 2014 8:25am
Quoting campco
{quote} Thanks Udine, I take it is the Wheelbarrel with these settings..? {image}

no also the last one at 35

Udine
Sleep less, live fast, as it aint gonna last
  • #8,097
  • Edited 8:41am Jul 7, 2014 8:26am | Edited 8:41am
i run a expert advisor Mithen

when i dont like a pending order

i put off the ea and cancel the pending order

i like because
1. its more fast
2 its a rule trade
3 i make a analisis of the trade and rules and i learnd more

i have more time to think about all trades and study it

very imortant run on DEMO
experience and also i check the expert advisor


for example here

i dont like sellstop on ej 138.500

expert off pending trade cancel

DEMO account



also eu hight risk trade on 1.36000
expert put 2 orders buystop 1.36000 and sellstop 1.35900 i cancel all
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: ea 2 1 min no trade 2.png Size: 62 KB
  • #8,098
  • Jul 7, 2014 8:39am Jul 7, 2014 8:39am
hey buddies!

can anyone help me with the trailing stop feature? I know that EA does it automatically, but i didn't understand how it should work, since the fixed stop loss of 10 pips was set. this trailing stop of 3.5 pips begins takes place when? is this to look for more than 5 pips/trade?
  • #8,099
  • Jul 7, 2014 8:43am Jul 7, 2014 8:43am
Quoting gustcoelho
hey buddies! can anyone help me with the trailing stop feature? I know that EA does it automatically, but i didn't understand how it should work, since the fixed stop loss of 10 pips was set. this trailing stop of 3.5 pips begins takes place when? is this to look for more than 5 pips/trade?

you mix two EA's

1. The WUKAR is the one with the hidden SL of 10 pips
2. the wheelbarrel EA is for the trailing stop, which you put on a separate chart

Udine
Sleep less, live fast, as it aint gonna last
  • #8,100
  • Jul 7, 2014 8:44am Jul 7, 2014 8:44am
Bonus Trade

#5 EJ closed out manually for a small gain simply didn't like the look of it.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB


Masterrmind............
Master your Mind then Master your Trades
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