As simple as possible: 00 level trading | Page 481 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

As simple as possible: RENKO M5 trading 75 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple Level Trading 1 reply

Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies

Attachments: As simple as possible: 00 level trading
Exit Attachments

As simple as possible: 00 level trading

  • #9,601
  • Jul 11, 2014 2:12am Jul 11, 2014 2:12am
Quoting Udine
{quote} Patiece Udine
Good morning first!

Market this morning reminds me of what we saw the 7/7: lost 35 pips....
  • #9,602
  • Jul 11, 2014 2:12am Jul 11, 2014 2:12am
Quoting Beachie41
GJ S +5 TP
dont think it was according to the rules

Udine
Sleep less, live fast, as it aint gonna last
  • #9,603
  • Jul 11, 2014 2:12am Jul 11, 2014 2:12am
Ok, EURUSD just can't make up its mind! It keeps flip flopping red / green.
Know your edge and trade within it
  • #9,604
  • Jul 11, 2014 2:12am Jul 11, 2014 2:12am
While waiting for some movement, lets celebrate with a friday song!
Inserted Video
  • #9,605
  • Jul 11, 2014 2:13am Jul 11, 2014 2:13am
2 pending orders:
EJ s 70
GJ s 40

and

EA L 00, but just on paper trading
  • #9,606
  • Jul 11, 2014 2:13am Jul 11, 2014 2:13am
Quoting Dumper
While waiting for some movement, lets celebrate with a friday song! https://www.youtube.com/watch?v=kfVsfOSbJY0
Thanks Dumper, now I will have this song stuck in my head all day.
Know your edge and trade within it
  • #9,607
  • Jul 11, 2014 2:14am Jul 11, 2014 2:14am
Quoting fxtrader29ca
{quote} Thanks Dumper, now I will have this song stuck in my head all day.
HAHA
  • #9,608
  • Jul 11, 2014 2:15am Jul 11, 2014 2:15am
Quoting Go5
{quote} Good morning first! Market this morning reminds me of what we saw the 7/7: lost 35 pips....

what happened ??

Udine
Sleep less, live fast, as it aint gonna last
  • #9,609
  • Jul 11, 2014 2:16am Jul 11, 2014 2:16am
...


folks.. settle down.. let the game come to you..
there will be plenty of opportunities.. enjoy zipping that coffee yet..
Passion, Persist, Patience, Protect
  • #9,610
  • Jul 11, 2014 2:18am Jul 11, 2014 2:18am
EURUSD PENDING 100 LEVEL Long
Know your edge and trade within it
  • #9,611
  • Jul 11, 2014 2:18am Jul 11, 2014 2:18am
Quoting Udine
{quote} what happened ?? Udine
Ranging market and a couple of entries too close to DO put the account back to zero.
It was the 8th of July btw...
  • #9,612
  • Jul 11, 2014 2:21am Jul 11, 2014 2:21am
Same thing ucariga
EJ pending short @ 137.700
GJ pending short @ 137.400
Sticking to the rule.

But I don't feel things well :

- a 20 pips channel since DO for both EJ and DJ
- proximity of DO + BRN 138.000 (+ daily pivot @ 138.030) for EJ
- proximity of DO + strong resistance @ 173.600 and 173.400(+ daily pivot @ 133.671) for GJ
- No important news on that day
And in both case the sell order is at the boootm of the channel and the stop under the graphic point of invalidation.

Shouldn't we wait to have a clearer view ???
Udine says "Choose your battles wisely..."
  • #9,613
  • Jul 11, 2014 2:21am Jul 11, 2014 2:21am
Big moves to the short side yesterday. Retracements today??
  • #9,614
  • Jul 11, 2014 2:25am Jul 11, 2014 2:25am
again, EU long @ .100 but i didn't put on this order due to lack of confidence (close to DO, low ADR...)
Porta itineris dicitur longissima esse
  • #9,615
  • Jul 11, 2014 2:28am Jul 11, 2014 2:28am
Quoting Udine
{quote} Patiece Udine
Good Morning All,
Udine, you're a buddha, and that's what makes it right!
Let's just watch him, folks.
  • #9,616
  • Jul 11, 2014 2:29am Jul 11, 2014 2:29am
I'm in the US (GMT-6), so today was my first London Open... have back-tested plenty and decided I needed to give it a shot.

Less than 25 minutes for GJ and EJ to TP

DONE!

Get to go back to bed happy!

London open moves nicely!
Remember that guy who gave up? Neither does anyone else.
  • #9,617
  • Jul 11, 2014 2:30am Jul 11, 2014 2:30am
Udine I got a question bud..

speaking of first cross of 00lv of the hour..

live example right now on ej.. price start of the hour first cross of the 00 is the 137.800lv.. now price is approaching the 138.000 lv after crossing the DO which makes it the 3rd 00 lv cross but the first 00 cross off the new daily direction..

in such case.. does the current 138.000lv cross considers the 1st 00lv and a valid trade?

thx in advance
Passion, Persist, Patience, Protect
  • #9,618
  • Jul 11, 2014 2:31am Jul 11, 2014 2:31am
Quoting Carpathian
{quote} Good Morning All, Udine, you're a buddha, and that's what makes it right! Let's just watch him, folks.
Maybe he was, but with all the burpees he did figuring out this strategy.. well.. he's no more fat at all

Lrt
"Every battle is won before it's fought."
  • #9,619
  • Jul 11, 2014 2:31am Jul 11, 2014 2:31am
Done for the day. I took that GBPUSD on 1.71300, didnt think that was to close to DO. Maybe it was too risky, will need to evaluate that. GBPCHF short at 1.52800 to TP just now.

That`s it for me today. Have a nice weekend everyone.
  • #9,620
  • Jul 11, 2014 2:33am Jul 11, 2014 2:33am
is anybody out with EJ long @ 138.000 ?
Porta itineris dicitur longissima esse
20 traders viewing now