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As simple as possible: 00 level trading

  • #8,161
  • Jul 7, 2014 4:53pm Jul 7, 2014 4:53pm
Quoting balouf
{quote} I try to download the dasboard but for me it's impossible to activate it. Does exist the same indicator but with the extension .mq4?

i have only this

no more excuse me
Attached File(s)
File Type: ex4 PsyLevels_Dashboard_v1.ex4   16 KB | 416 downloads
  • #8,162
  • Jul 7, 2014 4:54pm Jul 7, 2014 4:54pm
Quoting ericjschroed
{quote} Ok, this is what I used: EJ, GJ, EU, GU from June 6 to July 4. First column is all trades, all pairs. 2nd column is all pairs but stopping after 2 wins. 3rd column is only trading EJ and GJ unless news, then EU or GU, stopping after 2 wins. There were also 3 more wins and 4 losses for me trading the 000 level so I removed that and will not trade it right now. I'm guessing the TS averages about 1 pip so 0.2%. I think some of the TS would be TP if I did not include commission, or had a lower spread. Yes, I did check for all red news. Why is...


thanks eric
  • #8,163
  • Jul 7, 2014 6:14pm Jul 7, 2014 6:14pm
TRADING DAY FOR TUESDAY

Looking forward to more profitable trades

Good morning all traders

Masterrmind............
Master your Mind then Master your Trades
  • #8,164
  • Jul 7, 2014 6:33pm Jul 7, 2014 6:33pm
Quoting Masterrmind
TRADING DAY FOR TUESDAY Looking forward to more profitable trades Good morning all traders Masterrmind............
You clock up some screen/chart hours don't you MM!
  • #8,165
  • Jul 7, 2014 7:04pm Jul 7, 2014 7:04pm
GJ + 6

Started the day with profit.
Intraday only.
  • #8,166
  • Jul 7, 2014 7:05pm Jul 7, 2014 7:05pm
Trade 1....EJ...TH
  • #8,167
  • Jul 7, 2014 7:06pm Jul 7, 2014 7:06pm
Trade 2 GJ ....TH

LOL....done until London session....less than 5 minutes
  • #8,168
  • Jul 7, 2014 7:07pm Jul 7, 2014 7:07pm
I normally do not take risk with two jpy pairs at the same since most probably they move in same direction.
Intraday only.
  • #8,169
  • Jul 7, 2014 7:13pm Jul 7, 2014 7:13pm
+5 uj
+5 ej
Not bad for first Tokyo session
  • #8,170
  • Jul 7, 2014 7:14pm Jul 7, 2014 7:14pm
Tokyo has been good to us all. Way to go. If you hit your daily profit, don't be greedy.

I realize that the more we trade the more comfortable we get with the 'feel' of the markets, however, once you have hit your daily goal it's advisable to reduce your risk level. I personally crank it way down by a factor of TEN.

GREEN pips to all
  • #8,171
  • Jul 7, 2014 7:16pm Jul 7, 2014 7:16pm
Quoting Callum
{quote} You clock up some screen/chart hours don't you MM!
Yes I do .... I love trading.

Best way to describe me would be as a Dynamic Trader

Masterrmind...........
Master your Mind then Master your Trades
  • #8,172
  • Jul 7, 2014 7:19pm Jul 7, 2014 7:19pm
Quoting Masterrmind
{quote} Yes I do .... I love trading. Best way to describe me would be as a Dynamic Trader Masterrmind...........
I love it too, but i do find it a weakness of mine, Personally I get better results at the moment with quality time over quantity... maybe once I give up my J.O.B i will be able to get more quality hrs...
  • #8,173
  • Jul 7, 2014 7:20pm Jul 7, 2014 7:20pm
Good morning. Done for the day. EJ TP +5 GJ TP +5
Attached Image

Attached Image
Lets WUKAR FIFO!! - Udine
  • #8,174
  • Jul 7, 2014 7:24pm Jul 7, 2014 7:24pm
Asian session trades

EJ >+5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 42 KB


GJ >+5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 43 KB


Bonus #1

UJ +>5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 41 KB


Done for the Asian session plus a bonus on UJ..........

Will now wait for Frankfurt........

Masterrmind........
Master your Mind then Master your Trades
  • #8,175
  • Jul 7, 2014 7:24pm Jul 7, 2014 7:24pm
Quoting Callum
{quote} I love it too, but i do find it a weakness of mine, Personally I get better results at the moment with quality time over quantity... maybe once I give up my J.O.B i will be able to get more quality hrs...
How do you define quality hours?

Is it time that you study the market and how you react to it, or is it by the profits that you make?

When I started out trading, I was taught to study your mistake more so that you can learn from them and try to eliminate them from your trading. Unfortunately most people just look at the profits without asking the question why.

Be a perpetual student of the markets, and don't forget to be a student of yourself and how you react to the makets.

GREEN pips to all.
  • #8,176
  • Edited 11:41pm Jul 7, 2014 7:26pm | Edited 11:41pm
Quoting Callum
{quote} I love it too, but i do find it a weakness of mine, Personally I get better results at the moment with quality time over quantity... maybe once I give up my J.O.B i will be able to get more quality hrs...
Trading is my passion (job!) although qualified in other areas....no need to elaborate here though!

Trade well!

Masterrmind..........
Master your Mind then Master your Trades
  • #8,177
  • Jul 7, 2014 7:27pm Jul 7, 2014 7:27pm
Quoting panamamike
{quote} thanks for doing the test and sharing the results. I'd be interested to see the results of Ea and GA over the same period, due to their larger daily range and the prevailing lower volatility throughout forex.
When you find out, let us know
  • #8,178
  • Jul 7, 2014 7:28pm Jul 7, 2014 7:28pm
Quoting SmoothTrader
{quote} How do you define quality hours? Is it time that you study the market and how you react to it, or is it by the profits that you make? When I started out trading, I was taught to study your mistake more so that you can learn from them and try to eliminate them from your trading. Unfortunately most people just look at the profits without asking the question why. Be a perpetual student of the markets, and don't forget to be a student of yourself and how you react to the makets. GREEN pips to all.
My advice:

Trading journal of all your trades ...wins and losses.

If you don't have time to analyse each and every one of them during the working week then you MUST do it on the weekend.

Masterrmind............
Master your Mind then Master your Trades
  • #8,179
  • Jul 7, 2014 7:31pm Jul 7, 2014 7:31pm
Jeez UR FIRING MM WELL DONE
Whats That? you're trading What?
  • #8,180
  • Jul 7, 2014 7:32pm Jul 7, 2014 7:32pm
Quoting Masterrmind
{quote} My advice: Trading journal of all your trades ...wins and losses. If you don't have time to analyse each and every one of them during the working week then you MUST do it on the weekend. Masterrmind............
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