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As simple as possible: 00 level trading

  • #9,721
  • Jul 11, 2014 3:31am Jul 11, 2014 3:31am
WELL DONE GUYS/GIRLS !!!

Udine
Sleep less, live fast, as it aint gonna last
  • #9,722
  • Jul 11, 2014 3:33am Jul 11, 2014 3:33am
Only two trades taken today. two TP's +2% on the account.
I'm out for the day/week. Have a great weekend all!

ExcessFX
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Learn from your mistakes until you succeed. It's that simple.
  • #9,723
  • Jul 11, 2014 3:33am Jul 11, 2014 3:33am
Udine, is it allowed to jump in after a retrace?- like now with EJ fell under 000 - would be still first 00 lvl?
  • #9,724
  • Jul 11, 2014 3:35am Jul 11, 2014 3:35am
Quoting Go5
Udine, is it allowed to jump in after a retrace?- like now with EJ fell under 000 - would be still first 00 lvl?
That would be in violation of RULE #2 and possibly RULE #20.

Masterrmind..........
Master your Mind then Master your Trades
  • #9,725
  • Jul 11, 2014 3:36am Jul 11, 2014 3:36am
EJ with TS (+0.3)
GJ (short 173.60) with +5...i know this was tricky, but saw the sudden reverse of all pairs;-)
done for the day!
  • #9,726
  • Jul 11, 2014 3:37am Jul 11, 2014 3:37am
Quoting Masterrmind
{quote} That would be in violation of RULE #2 and possibly RULE #20. Masterrmind..........
No, I mean as first trade...
  • #9,727
  • Jul 11, 2014 3:38am Jul 11, 2014 3:38am
Quoting Go5
Udine, is it allowed to jump in after a retrace?- like now with EJ fell under 000 - would be still first 00 lvl?

nope wait for the next hour..

Udine
Sleep less, live fast, as it aint gonna last
  • #9,728
  • Jul 11, 2014 3:38am Jul 11, 2014 3:38am
Quoting Udine
WELL DONE GUYS/GIRLS !!! Udine

that's it Udine, taking you to Vegas on me, lol.. just imagine doing this by the pool side with all kinds of honeys around us..

don't worry gotta plan for the wifeies too..
we'll just give'em the plastic to go shopping, lol
Passion, Persist, Patience, Protect
  • #9,729
  • Jul 11, 2014 3:38am Jul 11, 2014 3:38am
Quoting Udine
done for the day gj & gu to tp !!! Udine {image}
Hey Udine, I didn't take those trades because some post back you said that we were too close to the open daily line and to let the market decide which way to go.

Why did you take those trades?
How much is "too close" in pips if we can define a number?

Thanks
  • #9,730
  • Jul 11, 2014 3:39am Jul 11, 2014 3:39am
Quoting Udine
.... clearly London decided to go green, so why not join them in the green bus ?? Udine
Londoners ... conservative people ... they don't seem to be definite about this new color for their old city-buses
  • #9,731
  • Jul 11, 2014 3:40am Jul 11, 2014 3:40am
Quoting Udine
{quote} nope wait for the next hour.. Udine
Thanks for the clarification!
Amazing how creative one can be interpreting and bending rules
  • #9,732
  • Jul 11, 2014 3:43am Jul 11, 2014 3:43am
i have made a mistake.
I opened S GA at 8220 what is second level in this hour. 10 berrpies for me.
  • #9,733
  • Jul 11, 2014 3:43am Jul 11, 2014 3:43am
Quoting lucariga
{quote} Hey Udine, I didn't take those trades because some post back you said that we were too close to the open daily line and to let the market decide which way to go. Why did you take those trades? How much is "too close" in pips if we can define a number? Thanks

replied in post 9716

Udine
Sleep less, live fast, as it aint gonna last
  • #9,734
  • Jul 11, 2014 3:44am Jul 11, 2014 3:44am
Quoting Udine
ej out by TS.. time for another cup of coffee.. Udine {image}
Why, in this case, you took 3 trades on the same hour and not only EJ and GJ?

Thanks
  • #9,735
  • Jul 11, 2014 3:47am Jul 11, 2014 3:47am
Quoting lucariga
{quote} Why, in this case, you took 3 trades on the same hour and not only EJ and GJ? Thanks
Rule 20 .
  • #9,736
  • Jul 11, 2014 3:48am Jul 11, 2014 3:48am
Quoting Udine
{quote} 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

I think i'm gonna put AUD on the backburner and focus on learning and mastering these four pairs.. clearly my trading will improve if i understand them and their relation to each other.
  • #9,737
  • Jul 11, 2014 3:48am Jul 11, 2014 3:48am
Quoting ExcessFX
Only two trades taken today. two TP's +2% on the account. I'm out for the day/week. Have a great weekend all! ExcessFX {image}

well done ex man for not only making the pips but leaving the pips by closing the platform..
Passion, Persist, Patience, Protect
  • #9,738
  • Jul 11, 2014 3:50am Jul 11, 2014 3:50am
Quoting jeetvirk
{quote} Rule 20 .
Rule 19

Other than that we use GU and EU only when EJ or GJ aren't availeable
  • #9,739
  • Jul 11, 2014 3:51am Jul 11, 2014 3:51am
Quoting lucariga
{quote} Why, in this case, you took 3 trades on the same hour and not only EJ and GJ? Thanks
I already was having a great week (+14 % before today)... the GU moved as a copy of the GJ, so too kthat one as well... IMHO I was basically risking nothing..

Udine
Sleep less, live fast, as it aint gonna last
  • #9,740
  • Jul 11, 2014 3:53am Jul 11, 2014 3:53am
Quoting Udine
{quote} I already was having a great week (+14 % before today)... the GU moved as a copy of the GJ, so too kthat one as well... IMHO I was basically risking nothing.. Udine
Your discretion makes this system great..... Hope one day I'll be able to do it as well
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