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As simple as possible: 00 level trading

  • #9,901
  • Edited 10:35am Jul 11, 2014 10:08am | Edited 10:35am
Masterrmind Results for the week Monday to Friday 7th to 11th (GMT +10) trading Udine Method

Trading all sessions (Asian through 1 st few hours of NY session)

Monday

2 x trades
4 x bonus trades
1 x BE trade

+31 pips
[no loss]

Tuesday

2 x trades
4 x bonus trades
1x TS (trailing stop)
+Silver (8.5 pips)

+39 pips
[no loss]

Wednesday

2 x trades
4 x bonus trades
2 x TS (trailing stop)
1 x BE trade

+32 pips
[no loss]

Thursday

2 x trades
4 x bonus trades
1 x TS (trailing stop)
1 x BE trade

+28.6 pips
[1 loss on EU (-2 pips - closed manually)]

Friday

2 x trades
9 x bonus trades
1 x BE trade (actually it's a 0.1 pip loss : refer to screen shot, was closed manually)


+54.9 pips
[0.1 pip loss]

Final Trade of the week closed out end of week (time for rest)

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 45 KB


EDIT: turns out that the last EJ trade would have made TP as well - who would have thought!

Total pips = 177 pips for the week.

Note: Based on a TP = 5 calculation when most of my trades were TP > 5 (6.5 etc) and most of my trades have been shown throughout this thread.

Looking forward to next weeks trades.

Wishing all traders a great weekend!

All the best,

Masterrmind............
Master your Mind then Master your Trades
  • #9,902
  • Jul 11, 2014 10:12am Jul 11, 2014 10:12am
Fantastic results!! Have you dine a breakdown by session? If you do let us know. Have abreast and well deserved weekend!!!


Quoting Masterrmind
Masterrmind Results for the week Monday to Friday 7th to 11th (GMT +10) trading Udine Method Trading all sessions (Asian through 1 st few hours of NY session) Monday 2 x trades 4 x bonus trades 1 x BE trade +31 pips [no loss] Tuesday 2 x trades 4 x bonus trades 1x TS (trailing stop) +Silver (8.5 pips) +39 pips [no loss] Wednesday 2 x trades 4 x bonus trades 2 x TS (trailing stop) 1 x BE trade +32 pips [no loss] Thursday 2 x trades 4 x bonus trades 1 x TS (trailing stop) 1 x BE trade +28.6 pips [1 loss on EU (-2 pips - closed manually)] Friday 2...
  • #9,903
  • Jul 11, 2014 10:13am Jul 11, 2014 10:13am
Bonus Trade #6 and #7

Attached Image (click to enlarge)
Click to Enlarge Name: Screen_EURAUD_H1_23-8-54.gif Size: 44 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Screen_GBPJPY_H1_23-7-29.gif Size: 45 KB


Nice weekend to everybody.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #9,904
  • Jul 11, 2014 10:18am Jul 11, 2014 10:18am
Quoting Masterrmind
Masterrmind Results for the week Monday to Friday 7th to 11th (GMT +10) trading Udine Method Trading all sessions (Asian through 1 st few hours of NY session) Monday 2 x trades 4 x bonus trades 1 x BE trade +31 pips [no loss] Tuesday 2 x trades 4 x bonus trades 1x TS (trailing stop) +Silver (8.5 pips) +39 pips [no loss] Wednesday 2 x trades 4 x bonus trades 2 x TS (trailing stop) 1 x BE trade +32 pips [no loss] Thursday 2 x trades 4 x bonus trades 1 x TS (trailing stop) 1 x BE trade +28.6 pips [1 loss on EU (-2 pips - closed manually)] Friday 2...
impressive!
  • #9,905
  • Jul 11, 2014 10:20am Jul 11, 2014 10:20am
Quoting panamamike
Fantastic results!! Have you dine a breakdown by session? If you do let us know. Have abreast and well deserved weekend!!! {quote}
Thanks Mike........same to you mate.

I don't plan to trade all sessions continually but at this stage in my opinion it's accelerated learning of the system which I must admit requires a degree of market analysis sense.

Great results (so far) can be achieved but it's not truly a place and forget type of method although you could probably do quite ok treating it that way.
I found experience and market wit for want of a better word the advantage.

Anyway I'm very happy so far let's see what the future holds.

Next update might be in a month (not sure at the moment)

ps. One thing is for sure and that is if enough time is committed to learning it and applying the "common sense" factor then good results are likely!

Masterrmind........
Master your Mind then Master your Trades
  • #9,906
  • Jul 11, 2014 10:29am Jul 11, 2014 10:29am
EJ to TS
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 71 KB
Luck is what happens when preparation meets opportunity
  • #9,907
  • Jul 11, 2014 10:31am Jul 11, 2014 10:31am
Even though quite late in the NY session, if playing by the rules and careful analysis, targets can still be reached...2 for 2 and 2% gain today..so out for the weekend...
Attached Image (click to enlarge)
Click to Enlarge Name: Capture Friday.PNG Size: 58 KB
  • #9,908
  • Jul 11, 2014 10:46am Jul 11, 2014 10:46am
Come on GU! Hoping to get my last 5 pips before London closes
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 124 KB
Luck is what happens when preparation meets opportunity
  • #9,909
  • Jul 11, 2014 10:50am Jul 11, 2014 10:50am
Quoting ShanghaiMoon
Come on GU! Hoping to get my last 5 pips before London closes {image}
Are you not trading the method as taught in this thread? Rule number 5 for example?
  • #9,910
  • Jul 11, 2014 10:53am Jul 11, 2014 10:53am
Quoting Swede
{quote} Are you not trading the method as taught in this thread? Rule number 5 for example?
The trade was triggered at 1.71(000) not 1.71(100).
if I'm not mistake this still fits all the rules yes?
Luck is what happens when preparation meets opportunity
  • #9,911
  • Jul 11, 2014 10:55am Jul 11, 2014 10:55am
Hi Udine,
How would you choose between pairs if all the pairs you are monitoring meet the criteria of your rules?
  • #9,912
  • Jul 11, 2014 10:57am Jul 11, 2014 10:57am
BRN very tough imho....good luck
  • #9,913
  • Jul 11, 2014 10:59am Jul 11, 2014 10:59am
Quoting Swede
BRN very tough imho....good luck
Sorry for noob question but what does BRN mean? Big resistance Near?
Luck is what happens when preparation meets opportunity
  • #9,914
  • Jul 11, 2014 11:00am Jul 11, 2014 11:00am
Quoting sada69
Today's result : GJ +5, GU +5. This week +30. I'm happy with the result for the first week on this method. BTW, I found many traders here take 2 trades at a time. Actually I can't take so. Because leverage is limited to 25 by low in Japan, so can't take 2 trades at a time so as to gain 1% each with 5pips. But perhaps that's not a big problem at all. There are many chances to trade. Anyway this thread is awesome. Thank you Udine and other people! Have a good weekend, Good night!
Maybe open another account
  • #9,915
  • Jul 11, 2014 11:02am Jul 11, 2014 11:02am
Quoting ShanghaiMoon
{quote} Sorry for noob question but what does BRN mean? Big resistance Near?
Big Round Number....
  • #9,916
  • Jul 11, 2014 11:05am Jul 11, 2014 11:05am
Quoting Masterrmind
Masterrmind Results for the week Monday to Friday 7th to 11th (GMT +10) trading Udine Method Trading all sessions (Asian through 1 st few hours of NY session)
What pairs did you monitor/trade?

Great Results!!
  • #9,917
  • Jul 11, 2014 11:06am Jul 11, 2014 11:06am
Quoting Masterrmind
Masterrmind Results for the week Monday to Friday 7th to 11th (GMT +10) trading Udine Method Trading all sessions (Asian through 1 st few hours of NY session) Monday 2 x trades 4 x bonus trades 1 x BE trade +31 pips [no loss] Tuesday 2 x trades 4 x bonus trades 1x TS (trailing stop) +Silver (8.5 pips) +39 pips [no loss] Wednesday 2 x trades 4 x bonus trades 2 x TS (trailing stop) 1 x BE trade +32 pips [no loss] Thursday 2 x trades 4 x bonus trades 1 x TS (trailing stop) 1 x BE trade +28.6 pips [1 loss on EU (-2 pips - closed manually)] Friday 2...
Are you sure you´re human and not a robot ?

Congrats anyway, many nice green pips there.

Enjoy your weekend & see you guys on Monday.
  • #9,918
  • Jul 11, 2014 11:07am Jul 11, 2014 11:07am
Quoting Swede
{quote} Big Round Number....
Ahh I see. God call, ran price up in London close so down 1% on the day
Luck is what happens when preparation meets opportunity
  • #9,919
  • Jul 11, 2014 11:22am Jul 11, 2014 11:22am
Quoting ShanghaiMoon
{quote} Ahh I see. God call, ran price up in London close so down 1% on the day
Shanghai...try to get yourself an Mt4 platform....FXCM has that available as I notice you are on their standard platform.. (but the best is to get with an ECN broker with very small spreads).........the reason for this is quite simple, the charts that have been formatted by Udine really have some special qualities...not just the 00 but also highlighted are the BRN like your just experienced....the warning was very clear...it was a dangerous place to try to short and you paid the price.....
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdih1.png Size: 47 KB
  • #9,920
  • Jul 11, 2014 11:27am Jul 11, 2014 11:27am
Quoting Masterrmind
Masterrmind Results for the week Monday to Friday 7th to 11th (GMT +10) trading Udine Method Trading all sessions (Asian through 1 st few hours of NY session) Monday 2 x trades 4 x bonus trades 1 x BE trade +31 pips [no loss] Tuesday 2 x trades 4 x bonus trades 1x TS (trailing stop) +Silver (8.5 pips) +39 pips [no loss] Wednesday 2 x trades 4 x bonus trades 2 x TS (trailing stop) 1 x BE trade +32 pips [no loss] Thursday 2 x trades 4 x bonus trades 1 x TS (trailing stop) 1 x BE trade +28.6 pips [1 loss on EU (-2 pips - closed manually)] Friday 2...
Very fine results.....
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