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As simple as possible: 00 level trading

  • #9,701
  • Jul 11, 2014 3:18am Jul 11, 2014 3:18am
GJ +5, EJ +5, GU +5, EU Ts, all Long, daily work done.
  • #9,702
  • Jul 11, 2014 3:18am Jul 11, 2014 3:18am
Quoting fxtrader29ca
{quote} It felt like 10 pip SL was going to get hit there so I just pulled it early.
EU +5.
Attached Image

Yeah, I was crossing fingers as well, but the 10 p SL is also part of the rules/game. Also I had the DO line 2 pips above the .36050 so I was expecting some support there, waiting to see what happens. And it payed off!

Anyway no one has the crystal ball -- the same way it could've gone to -10 SL, and then the one with the earlier -5 SL is the good one.
Áron
  • #9,703
  • Jul 11, 2014 3:19am Jul 11, 2014 3:19am
Quoting Jerkmiew
A why everyone long at GJ 1.714.Really cannot get it. Can someone pls explain, really need help. Thank you.
Back to page 1. Read, read, read then go thru checklist at start of every hour. I'm assuming you DO was below 1.71400, if so this was a standard entry.
  • #9,704
  • Jul 11, 2014 3:20am Jul 11, 2014 3:20am
Quoting Carpathian
{quote} EU +5. {image} Yeah, I was crossing fingers as well, but the 10 p SL is also part of the rules/game. Also I had the DO line 2 pips above the .36050 so I was expecting some support there, waiting to see what happens. And it payed off! Anyway no one has the crystal ball -- the same way it could've gone to -10 SL, and then the one with the earlier -5 SL is the good one. Áron
Very nice trade. MY AUDUSD long just triggered, waiting for Target.
Know your edge and trade within it
  • #9,705
  • Edited 5:58am Jul 11, 2014 3:20am | Edited 5:58am
Bonus Trade

#4

GU +>5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB


#5

GA +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 51 KB


2nd entry... strong downward thrust....

Masterrmind............
Master your Mind then Master your Trades
  • #9,706
  • Jul 11, 2014 3:21am Jul 11, 2014 3:21am
Quoting Jerkmiew
A why everyone long at GJ 1.714.Really cannot get it. Can someone pls explain, really need help. Thank you.
watch my chart

its all on there

Udine
Sleep less, live fast, as it aint gonna last
  • #9,707
  • Jul 11, 2014 3:23am Jul 11, 2014 3:23am
Quoting lazyegg
hows my pic? cool?

you seem hungy or angry... not sure..

Udine
Sleep less, live fast, as it aint gonna last
  • #9,708
  • Jul 11, 2014 3:24am Jul 11, 2014 3:24am
Quoting Udine
done for the day gj & gu to tp !!! Udine {image}

curious.. wasn't that also near DO?
  • #9,709
  • Jul 11, 2014 3:24am Jul 11, 2014 3:24am
today gu +5 EC -10
  • #9,710
  • Jul 11, 2014 3:25am Jul 11, 2014 3:25am
Quoting szpowerx
{quote} Looks like i understand this rule wrong too. For an example: Given DO at 100 This hour we have price below DO - 90 crossed - 80 crossed Now, price go upper DO, say 110 Then, 110 is the third time 00 level, not the first time 00 level. From words, i can only imagine it is just this. B.R.

Sleep less, live fast, as it aint gonna last
  • #9,711
  • Jul 11, 2014 3:28am Jul 11, 2014 3:28am
Quoting fxtrader29ca
{quote} Very nice trade. MY AUDUSD long just triggered, waiting for Target.
Thank you!
And I thank to Udine, one of the very few such inspiring system and trader I've met since started wandering fx-world. Many AHA-moments thanks to this thread!
  • #9,712
  • Jul 11, 2014 3:28am Jul 11, 2014 3:28am
Quoting nitecop
{quote} curious.. wasn't that also near DO?

did you see the EU, EJ, GJ and Gu started to move in the same direction... beauty ..

clearly London decided to go green, so why not join them in the green bus ??

Udine
Sleep less, live fast, as it aint gonna last
  • #9,713
  • Jul 11, 2014 3:28am Jul 11, 2014 3:28am
i closed my ej trade a bit early after some jittery moves.. kinda wussed out to be honest, lol

but.. it's Friday, and early on fortunate enough with daily goal made already.. so the call is preserving, securing it..
capital preservation call..

not to mention like to hit the court in couple hours or so..
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.im15.png Size: 47 KB
Passion, Persist, Patience, Protect
  • #9,714
  • Jul 11, 2014 3:28am Jul 11, 2014 3:28am
im half way there for the day

EJ - TS (just happened then)
GJ - +5
  • #9,715
  • Jul 11, 2014 3:29am Jul 11, 2014 3:29am
Quoting angeloarc
today gu +5 EC -10

stick to the 4 pairs and get consistent first

Udine
Sleep less, live fast, as it aint gonna last
  • #9,716
  • Jul 11, 2014 3:29am Jul 11, 2014 3:29am
EJ to ts for +1
  • #9,717
  • Jul 11, 2014 3:30am Jul 11, 2014 3:30am
ej out by TS..

time for another cup of coffee..

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #9,718
  • Jul 11, 2014 3:30am Jul 11, 2014 3:30am
GU +5, GJ +5, EJ TS .
Pivot Boss in the making~
  • #9,719
  • Jul 11, 2014 3:31am Jul 11, 2014 3:31am
EJ to TS
  • #9,720
  • Jul 11, 2014 3:31am Jul 11, 2014 3:31am
EJ +1 -TS
GU +5 -TP
GJ +5 -TP

done for the day. now only demo trading to learn better.
Porta itineris dicitur longissima esse
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