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As simple as possible: 00 level trading

  • #10,401
  • Jul 15, 2014 2:22am Jul 15, 2014 2:22am
ej, gj SL.
Porta itineris dicitur longissima esse
  • #10,402
  • Jul 15, 2014 2:24am Jul 15, 2014 2:24am
Quoting linhpip
GJ - SLed EJ - Sled What is my mistake? Could you tell me? Udine. Thanks. {image}
My friend you r in forex world. Losses are also part of trading.

regards

jeet
  • #10,403
  • Jul 15, 2014 2:24am Jul 15, 2014 2:24am
was only short on EJ..

GJ and EJ might still have effects of JPY RED NEWS, but GJ and GU RED NEWS Coming up, so thought it is better to stay out

EU was down for the day..so thought entry on EJ was less risky... not...

EJ hit SL..

Looks like I have to work today...

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #10,404
  • Jul 15, 2014 2:24am Jul 15, 2014 2:24am
Quoting panamamike
{quote} I had no valid trades trigger. I wouldn't trade JPY pairs until 30 Mins after the presser ended, which then puts you into 30 mins after LO, and the next hour opens in violation of 1 HR before the next red news.....as i see it anyway.

when did the press started?
Passion, Persist, Patience, Protect
  • #10,405
  • Jul 15, 2014 2:25am Jul 15, 2014 2:25am
-10 on EJ. Still in the trade on EA but doesn't look good.
Those who know don't talk. Those who talk don't know.
  • #10,406
  • Jul 15, 2014 2:26am Jul 15, 2014 2:26am
i see no mistake...its just part of the game to loose some times
  • #10,407
  • Jul 15, 2014 2:26am Jul 15, 2014 2:26am
Quoting panamamike
{quote} I had no valid trades trigger. I wouldn't trade JPY pairs until 30 Mins after the presser ended, which then puts you into 30 mins after LO, and the next hour opens in violation of 1 HR before the next red news.....as i see it anyway.
Sounds about right to me!

Masterrmind...........
Master your Mind then Master your Trades
  • #10,408
  • Jul 15, 2014 2:27am Jul 15, 2014 2:27am
Quoting yag
{quote} a little bit too late my friend GJ -10 EJ -10 so the work begins for today....it will be a long day
I wish I had followed my own advice !!
With USD news 1/2 hour after NY open its going to be a difficult day.
I wont trade more than 2 hours after each open so all there will be is choppy pricing.
  • #10,409
  • Jul 15, 2014 2:27am Jul 15, 2014 2:27am
Quoting panamamike
{quote} I had no valid trades trigger. I wouldn't trade JPY pairs until 30 Mins after the presser ended, which then puts you into 30 mins after LO, and the next hour opens in violation of 1 HR before the next red news.....as i see it anyway.
I agree.
I'm not an expert on Japanese culture but I would guess that any formal press conference will be laden with formalities. Any real news 'meat' might not be announced until well into the speech. I'm staying away from JPY pairs until well after it's over.
  • #10,410
  • Jul 15, 2014 2:28am Jul 15, 2014 2:28am
Quoting FXEmpire
{quote} when did the press started?

check the ff.com calendar its on there... @ 08:30 my time

Udine
Sleep less, live fast, as it aint gonna last
  • #10,411
  • Edited 2:41am Jul 15, 2014 2:28am | Edited 2:41am
GJ = SL -10
EJ = SL -10
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYH120140715.png Size: 80 KB
Click to Enlarge Name: EURJPYH120140715.png Size: 75 KB
Look for reasons not to take a trade.
  • #10,412
  • Jul 15, 2014 2:28am Jul 15, 2014 2:28am
Quoting Udine
was only short on EJ.. GJ and EJ might still have effects of JPY RED NEWS, but GJ and GU RED NEWS Coming up, so thought it is better to stay out EU was down for the day..so thought entry on EJ was less risky... not... EJ hit SL.. Looks like I have to work today... Udine {image}
does that count as burpees?
  • #10,413
  • Jul 15, 2014 2:28am Jul 15, 2014 2:28am
Quoting hugecat
-10 on EJ. Still in the trade on EA but doesn't look good.
BE on EA. Shit day so far.
Those who know don't talk. Those who talk don't know.
  • #10,414
  • Jul 15, 2014 2:29am Jul 15, 2014 2:29am
Quoting FXEmpire
{quote} when did the press started?
More or less 30 mins before LO....the more important point is when it ended.....definitely NOT 30 mins before LO.
  • #10,415
  • Jul 15, 2014 2:30am Jul 15, 2014 2:30am
As i'm not trading against the rules, mostly my trades hit SL.

I am a bit confused as i don't seem to be doing something wrong, following the rules, trading only first levels and so on.
  • #10,416
  • Jul 15, 2014 2:32am Jul 15, 2014 2:32am
Quoting panamamike
{quote} I had no valid trades trigger. I wouldn't trade JPY pairs until 30 Mins after the presser ended, which then puts you into 30 mins after LO, and the next hour opens in violation of 1 HR before the next red news.....as i see it anyway.
but how do you know when the press conference ended? or will end?
  • #10,417
  • Jul 15, 2014 2:33am Jul 15, 2014 2:33am
gj= -10

EA=+5

http://i59.tinypic.com/18oh8z.png
  • #10,418
  • Jul 15, 2014 2:34am Jul 15, 2014 2:34am
Quoting Udine
{quote} check the ff.com calendar its on there... @ 08:30 my time Udine

I already have it says press conference tentative.. that is why I watch Bloomberg to know when it comes on.. it has not yet or it was hours ago..
Passion, Persist, Patience, Protect
  • #10,419
  • Jul 15, 2014 2:34am Jul 15, 2014 2:34am
EJ hit SL beacause Rule 1 condition Not available.
Persian Gulf forever
  • #10,420
  • Jul 15, 2014 2:36am Jul 15, 2014 2:36am
Quoting panamamike
{quote} More or less 30 mins before LO....the more important point is when it ended.....definitely NOT 30 mins before LO.

if it was started at time you say.. it is unbelievable that Bloomberg f*cks did not talk about it much as less showing it.. they always do..
Passion, Persist, Patience, Protect
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