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As simple as possible: 00 level trading

  • #10,141
  • Jul 14, 2014 3:25am Jul 14, 2014 3:25am
Quoting flx69
{quote} Interesting reasoning. Have a carajillo on me ! Cheers, flx69

thx , but too early for me...

Udine
Sleep less, live fast, as it aint gonna last
  • #10,142
  • Jul 14, 2014 3:27am Jul 14, 2014 3:27am
Quoting Udine
{quote} are you looking over my shoulder ???? Killer Jurn Udine
I sure hope so.. so i can copy your wins

EJ no entry as Price already reached RgH.

Done for the day, the lines on the chart are starting to get blur. World Cup insomnia.

Enjoy the day and green pips guys~
Pivot Boss in the making~
  • #10,143
  • Jul 14, 2014 3:28am Jul 14, 2014 3:28am
The first time I was using Udines script for a trade. Maybe not exactly in time, however it has become a winner.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.07.14_16h14m03s_001_.png Size: 73 KB


Gud luck and green pips for everbody!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #10,144
  • Jul 14, 2014 3:31am Jul 14, 2014 3:31am
Quoting Axiom
{quote} Hi Udine I attempted numerous times to put in a pending order for GJ long at 173.800. System wouldnt allow it and price moving fast. I think the price was too close to that level at the beginning of the hour. Should I have put in the order just before the beginning of the hour? Axiom

dont know your platform or what you use to set pendings..

you have to find out and learn your platform

Udine
Sleep less, live fast, as it aint gonna last
  • #10,145
  • Jul 14, 2014 3:32am Jul 14, 2014 3:32am
Bonus trade

#4

GU +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB


Masterrmind..........
Master your Mind then Master your Trades
  • #10,146
  • Jul 14, 2014 3:32am Jul 14, 2014 3:32am
Quoting Udine
you see it pays off to have patience... the GJ shows the direction and you just go with the flow... Train yourself not to jump into trades... look for reasons why you SHOULD NOT take a trade... and if you cannot find any.. set the pending orders.. Udine
I like your inverted reasoning. A sort of classical approach, trying to falsify, and if unable to do so, one would be closer to the truth. Or in this case, closer to being successful.

Archie
  • #10,147
  • Jul 14, 2014 3:34am Jul 14, 2014 3:34am
GJ and GU to TP
Also managed to get myself into two more "burpee" winners on EJ and GJ earlier , embarrassing, what was I thinking? Must have been the lack of coffee..
  • #10,148
  • Jul 14, 2014 3:37am Jul 14, 2014 3:37am
Quoting Udine
{quote} dont know your platform or what you use to set pendings.. you have to find out and learn your platform Udine
I use MT4 pending order buy/sell stop. Set the TP +- 5 pips and SL 10 pips at time of placing order. Could it be that the price i set is too close to the market price at the time i place the order? (According to the broker, the price i set must differ from market price by at least 2 pips).

Axiom
  • #10,149
  • Jul 14, 2014 3:38am Jul 14, 2014 3:38am
I am USDJPY LONG @101.500
  • #10,150
  • Jul 14, 2014 3:39am Jul 14, 2014 3:39am
Quoting Axiom
{quote} I use MT4 pending order buy/sell stop. Set the TP +- 5 pips and SL 10 pips at time of placing order. Could it be that the price i set is too close to the market price at the time i place the order? (According to the broker, the price i set must differ from market price by at least 2 pips). Axiom

so you know the answer..

Udine
Sleep less, live fast, as it aint gonna last
  • #10,151
  • Jul 14, 2014 3:39am Jul 14, 2014 3:39am
Quoting JibalaPasan
The first time I was using Udines script for a trade. Maybe not exactly in time, however it has become a winner. {image} Gud luck and green pips for everbody! Jibala

Hi JibalanPasan,

How you get the template? I download the template from the #1 post from 1st page provided by Udines, but it doesn't look like yours?

Mind to share???
  • #10,152
  • Jul 14, 2014 3:40am Jul 14, 2014 3:40am
Quoting Axiom
{quote} I use MT4 pending order buy/sell stop. Set the TP +- 5 pips and SL 10 pips at time of placing order. Could it be that the price i set is too close to the market price at the time i place the order? (According to the broker, the price i set must differ from market price by at least 2 pips). Axiom
then change the broker...you should be not limited by setting orders
  • #10,153
  • Jul 14, 2014 3:43am Jul 14, 2014 3:43am
Quoting Masterrmind
Bonus trade #4 GU +5 TP {image} Masterrmind..........

Hi Mastermind, how come my template doesnot look like yours. The 1H , 1D for many currency pairs at the right section.

Mind to share??
  • #10,154
  • Jul 14, 2014 3:44am Jul 14, 2014 3:44am
Gj tp +6.4
gu tp +10
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-usd_20140714TP.JPG Size: 131 KB
Lets WUKAR FIFO!! - Udine
  • #10,155
  • Jul 14, 2014 3:47am Jul 14, 2014 3:47am
Quoting yag
{quote} then change the broker...you should be not limited by setting orders
Thanks Udine and yag

The other broker i use has no such limitation, but the spreads are larger.

Will look into it further.
  • #10,156
  • Jul 14, 2014 3:47am Jul 14, 2014 3:47am
Quoting GoldCoastFX
Gj tp +6.4 gu tp +10 {image}
Excellent !

Masterrmind...........
Master your Mind then Master your Trades
  • #10,157
  • Jul 14, 2014 3:55am Jul 14, 2014 3:55am
Quoting Masterrmind
{quote} Excellent ! Masterrmind...........
Thx Mastermind. Appreciated.
Lets WUKAR FIFO!! - Udine
  • #10,158
  • Jul 14, 2014 4:10am Jul 14, 2014 4:10am
GJ pending long 173.800 and go out to eat.
My hope has been almost completely shattered, but not completely yet
  • #10,159
  • Jul 14, 2014 4:15am Jul 14, 2014 4:15am
Quoting easygoing
GJ pending long 173.800 and go out to eat.
What was the open of your last H1 candle ?

Mine was 173.697, my pending should therefore have been 173.700.

However, even though my broker permits a 0 pip distance from market price to pending, I didnīt manage to put in my pending @ 173.795 using the script (spread of .5 pips)...
  • #10,160
  • Jul 14, 2014 4:15am Jul 14, 2014 4:15am
Quoting Carpathian
I am USDJPY LONG @101.500
Attached Image

Not the best one to have taken... As Udine said, try to find out why you should not take one. Previous H1 green candle closed low, maybe at 50%. Still valid, however at the time of taking the trade, upward momentum has decreased. Not a lost one yet though.
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