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As simple as possible: 00 level trading

  • #9,441
  • Jul 10, 2014 7:18pm Jul 10, 2014 7:18pm
Quoting Price
I've been watching this thread with interest, and I would only guess that some of you guys are currently short 137.80 EJ and 173.50 GJ. They both look like good likely trades to me. (just watching though)
Just like you, I am just watching... but would have take the GJ as candles would both be red at 400 line.
Wouldn't take the EJ because I apply the Frankfurt rules prior to London Open...
Rule #3. Frankfurt open only .400/.500/.600 levels

MrTD
  • #9,442
  • Jul 10, 2014 7:18pm Jul 10, 2014 7:18pm
Quoting Masterrmind
Trade #1 GJ +>5 TP {image} Masterrmind...........
Tokyo open time - your chart shows correctly.

Mine is wrong. How to adjust the open time?
Intraday only.
  • #9,443
  • Jul 10, 2014 7:22pm Jul 10, 2014 7:22pm
Quoting navk
{quote} Tokyo open time - your chart shows correctly. Mine is wrong. How to adjust the open time?
Post a zoomed in screenshot of your M15 chart and I will give you the parameter for PART 7 of the Market Panel Display Controller indicator.

I need to know where your Tokyo session line is relative to where it should be as in time difference.

Masterrmind..........
Master your Mind then Master your Trades
  • #9,444
  • Jul 10, 2014 7:27pm Jul 10, 2014 7:27pm
Quoting Masterrmind
{quote} Nice! Masterrmind........
Why thank you - FIFO Tokyo Drift -
Small disciplines repeated with consistency lead to great achievements.
  • #9,445
  • Jul 10, 2014 7:27pm Jul 10, 2014 7:27pm
Quoting Masterrmind
{quote} Post a zoomed in screenshot of your M15 chart and I will give you the parameter for PART 7 of the Market Panel Display Controller indicator. I need to know where your Tokyo session line is relative to where it should be as in time difference. Masterrmind..........
See this chart.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 54 KB
Intraday only.
  • #9,446
  • Jul 10, 2014 7:28pm Jul 10, 2014 7:28pm
Quoting jmflukeiii
{quote} Why thank you - FIFO Tokyo Drift -
Yes indeed.

Great start for you....

Masterrmind.........
Master your Mind then Master your Trades
  • #9,447
  • Jul 10, 2014 7:30pm Jul 10, 2014 7:30pm
Quoting navk
{quote} See this chart. {image}
Go into the indicator mentioned above and make sure Tokyo session time = Day start + 3

Yours is set to Day start +1 so you need to add +2 to your current Tokyo start session time.

Masterrmind...........
Master your Mind then Master your Trades
  • #9,448
  • Jul 10, 2014 7:33pm Jul 10, 2014 7:33pm
Quoting jmflukeiii
EJ & GJ to target - done! {image}
Quoting navk
A quick + 6 in GJ.
Quoting Masterrmind
Trade #1 GJ +>5 TP {image} Masterrmind...........
You guys are great! I'm so proud and happy. Now I go to the dentist. See you in FF & London!
My hope has been almost completely shattered, but not completely yet
  • #9,449
  • Jul 10, 2014 7:35pm Jul 10, 2014 7:35pm
Quoting easygoing
{quote} {quote} {quote} You guys are great! I'm so proud and happy. Now I go to the dentist. See you in FF & London!
It's funny you mentioned the dentist because I've been putting that trip off.

Sooner or later I will also have to go.

Hope it goes well for you but it is never a happy place to be.

Masterrmind...........
Master your Mind then Master your Trades
  • #9,450
  • Jul 10, 2014 7:39pm Jul 10, 2014 7:39pm
Quoting Masterrmind
{quote} It's funny you mentioned the dentist because I've been putting that trip off. Sooner or later I will also have to go. Hope it goes well for you but it is never a happy place to be. Masterrmind...........
Actually I like to go to the dentist. They get rid of my pain, clean my teeth and gums, reduce future risks... That's very good.

And most importantly, trading gives me the money to pay them
My hope has been almost completely shattered, but not completely yet
  • #9,451
  • Jul 10, 2014 7:41pm Jul 10, 2014 7:41pm
Quoting Beachie41
{quote} Thanks for such a quick response. But I'm lost here... where do I find it in the EA? I can't see any MN variable.
Sorry, I don't use it myself.. prefer to do as Udine does, since he has tested and is using this method to make money.
I don't understand why so many have to try to add variations.
If your broker doesn't give good spreads or allow pending orders close to price or has slippage, then change brokers! Not the method that already works!!

We need to stack the odds in our favour, not fight bad brokers!
We have a great method, a great mentor and all the tools we need to be successful right here for free.
All we need to do is follow the rules, be patient and disciplined and we can have the same results as Udine and many others here.

Not getting at you Beachie41, just general observation...
Give some a wheel and they will try to make a better one, but for all their effort they will still end up with a wheel!

All the best with your trading,
MrTD
  • #9,452
  • Jul 10, 2014 7:42pm Jul 10, 2014 7:42pm
I s this correct now?
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 42 KB
Intraday only.
  • #9,453
  • Jul 10, 2014 7:46pm Jul 10, 2014 7:46pm
Quoting easygoing
{quote} Actually I like to go to the dentist. They get rid of my pain, clean my teeth and gums, reduce future risks... That's very good. And most importantly, trading gives me the money to pay them
Great attitude!

Masterrmind........
Master your Mind then Master your Trades
  • #9,454
  • Jul 10, 2014 7:47pm Jul 10, 2014 7:47pm
Quoting navk
I s this correct now? {image}
100%

Masterrmind..........
Master your Mind then Master your Trades
  • #9,455
  • Jul 10, 2014 7:49pm Jul 10, 2014 7:49pm
Quoting Masterrmind
{quote} 100% Masterrmind..........

Thanks.
Intraday only.
  • #9,456
  • Jul 10, 2014 7:54pm Jul 10, 2014 7:54pm
what should tokyo be set at for melb trader please MM?
Whats That? you're trading What?
  • #9,457
  • Jul 10, 2014 8:05pm Jul 10, 2014 8:05pm
Quoting Qed
what should tokyo be set at for melb trader please MM?
Easier just to use start of day trading +3 hours.
Since Tokyo opens 3 hours after the trading day has commenced.

Masterrmind...........
Master your Mind then Master your Trades
  • #9,458
  • Jul 10, 2014 8:07pm Jul 10, 2014 8:07pm
so Tok +3 ff+9 and Lon +10
Whats That? you're trading What?
  • #9,459
  • Jul 10, 2014 8:11pm Jul 10, 2014 8:11pm
Quoting Qed
so Tok +3 ff+9 and Lon +10
Yes and of course 15 for NY

Masterrmind............
Master your Mind then Master your Trades
  • #9,460
  • Jul 10, 2014 8:18pm Jul 10, 2014 8:18pm
thanx
Whats That? you're trading What?
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