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As simple as possible: 00 level trading

  • #8,581
  • Jul 8, 2014 7:51pm Jul 8, 2014 7:51pm
Quoting fxtrader29ca
{quote} Here is my chart: Finally got it setup! Does everything look right? {image}
Missing AnyCandle and Grid_V2, but they aren't necessarily necessary additions.
Small disciplines repeated with consistency lead to great achievements.
  • #8,582
  • Jul 8, 2014 7:51pm Jul 8, 2014 7:51pm
And sometimes you just plain have to be patient....ej only took 10 hours...whereas gj less than an hour.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture Asian Session.PNG Size: 69 KB
  • #8,583
  • Jul 8, 2014 7:52pm Jul 8, 2014 7:52pm
Quoting Masterrmind
{quote} If you like draw 2 vertical lines either side of the relevant 4 by 15M candles for this trade. I see only the first level short from 700 level as valid. Masterrmind..........
yes i short the EA @ 1.447 on the 2nd hour tokyo session (+5 TP)

and now, at 3rd hour tokyo session i'm long at EJ @ 138.3 and TS already put BE order.. let see if we get +5 or BE. both ways are ok
  • #8,584
  • Jul 8, 2014 7:55pm Jul 8, 2014 7:55pm
EJ out manually, cause it's time to go to the gym.
+3.6pips

I missed GJ. I avoided longing at 174.000 because there seem to be R/S near 174.000

See you guys in London!

Edit: I corrected the number of my profit.
Attached Image (click to enlarge)
Click to Enlarge Name: 1407095366.png Size: 3 KB
My hope has been almost completely shattered, but not completely yet
  • #8,585
  • Jul 8, 2014 7:56pm Jul 8, 2014 7:56pm
Quoting Swede
And sometimes you just plain have to be patient....ej only took 10 hours...whereas gj less than an hour. {image}
i got afraid from the proximity of the D1 open price. didn't take this one.
  • #8,586
  • Jul 8, 2014 7:58pm Jul 8, 2014 7:58pm
SPI been good , gold might get stopped out ,
Attached Image
Whats That? you're trading What?
  • #8,587
  • Jul 8, 2014 7:59pm Jul 8, 2014 7:59pm
Quoting gustcoelho
{quote} yes i short the EA @ 1.447 on the 2nd hour tokyo session (+5 TP) and now, at 3rd hour tokyo session i'm long at EJ @ 138.3 and TS already put BE order.. let see if we get +5 or BE. both ways are ok
As long as you know which hour you are trading in and following the colors of H1 and D1 it's fairly straight forward trading I think.

Masterrmind...........
Master your Mind then Master your Trades
  • #8,588
  • Jul 8, 2014 8:01pm Jul 8, 2014 8:01pm
Quoting szpowerx
{quote} Nope, i understand your thinking. But i don't agree with to AUD cross pair when CNY red news. Happy trading!
That's all good .... you are solely responsible for your trading!

Masterrmind...........
Master your Mind then Master your Trades
  • #8,589
  • Jul 8, 2014 8:02pm Jul 8, 2014 8:02pm
Quoting Masterrmind
{quote} If you like draw 2 vertical lines either side of the relevant 4 by 15M candles for this trade. I see only the first level short from 700 level as valid. Masterrmind..........
I compensated the losses by going long at 1.4480 with profit target 1.4487. TP hit.

EA - 10
EA +7

Chart attached.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 55 KB
Intraday only.
  • #8,590
  • Jul 8, 2014 8:11pm Jul 8, 2014 8:11pm
Quoting fxtrader29ca
{quote} Here is my chart: Finally got it setup! Does everything look right? {image}
Go through the following list of indicators provided by the screen shot:

Attached Image


Check that you have all these attached to your chart

EDIT: last one at the bottom of the list is not needed.

Masterrmind
Master your Mind then Master your Trades
  • #8,591
  • Jul 8, 2014 8:14pm Jul 8, 2014 8:14pm
Quoting navk
{quote} I compensated the losses by going long at 1.4480 with profit target 1.4487. TP hit. EA - 10 EA +7 Chart attached. {image}
Happy for your win but that was risky due to being close to the DO

Great profit all the same......

Masterrmind...........
Master your Mind then Master your Trades
  • #8,592
  • Jul 8, 2014 8:17pm Jul 8, 2014 8:17pm
Quoting Qed
SPI been good , gold might get stopped out , {image}
Hi Qed,

Still cracking out winners on the Spi.....

Great work mate!

Masterrmind........
Master your Mind then Master your Trades
  • #8,593
  • Jul 8, 2014 8:17pm Jul 8, 2014 8:17pm
EJ +5 @ 138.300

  • #8,594
  • Jul 8, 2014 8:19pm Jul 8, 2014 8:19pm
Mastermind, when you trade the Asian session what do you use as your daily open? GMT 00:00 or NY close?

Also, it is great to see you helping others and by doing so helping out Udine!
  • #8,595
  • Jul 8, 2014 8:19pm Jul 8, 2014 8:19pm
Every trader here helps everyone else to learn.

It's a team effort and that's what makes this thread so good in my opinion.

Masterrmind.............
Master your Mind then Master your Trades
  • #8,596
  • Jul 8, 2014 8:19pm Jul 8, 2014 8:19pm
Quoting Masterrmind
{quote} Happy for your win but that was risky due to being close to the DO Great profit all the same...... Masterrmind...........
and to clean up a chart...with not so much clutter on it...I place the psylevels on my Wheelbarrow chart so I can minimize it and only bring it up when I need to check it....
Attached Image (click to enlarge)
Click to Enlarge Name: Capture set up.PNG Size: 68 KB
  • #8,597
  • Jul 8, 2014 8:24pm Jul 8, 2014 8:24pm
Quoting Masterrmind
{quote} Go through the following list of indicators provided by the screen shot: {image} Check that you have all these attached to your chart EDIT: last one at the bottom of the list is not needed. Masterrmind
Here is my updated indicator list.
Attached Image
Know your edge and trade within it
  • #8,598
  • Jul 8, 2014 8:27pm Jul 8, 2014 8:27pm
Quoting jmflukeiii
EA to target. That was a close one. Halfway there - {image}
Somehow I deleted my post -

GJ +7.5. Done -
Attached Image (click to enlarge)
Click to Enlarge Name: gj 7.8.14.png Size: 21 KB
Small disciplines repeated with consistency lead to great achievements.
  • #8,599
  • Jul 8, 2014 8:30pm Jul 8, 2014 8:30pm
EJ +5 TP

2nd win for the session

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB


Masterrmind........
Master your Mind then Master your Trades
  • #8,600
  • Jul 8, 2014 8:32pm Jul 8, 2014 8:32pm
Quoting jmflukeiii
{quote} Somehow I deleted my post - GJ +7.5. Done - {image}
+7.5 Boner, I mean Bonus on EJ -
Attached Image (click to enlarge)
Click to Enlarge Name: ej 7.8.14.png Size: 21 KB
Small disciplines repeated with consistency lead to great achievements.
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