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As simple as possible: 00 level trading

  • #10,421
  • Jul 15, 2014 2:37am Jul 15, 2014 2:37am
Quoting parsfx
EJ hit SL beacause Rule 1 condition Not available.
whatever a hell that means,,
Passion, Persist, Patience, Protect
  • #10,422
  • Jul 15, 2014 2:38am Jul 15, 2014 2:38am
Quoting yag
{quote} but how do you know when the press conference ended? or will end?
well.....someone posted a link earlier. Bloomberg wires....etc. I don't need it real time as I am not trading the news,

Regardless, a press conference is an event not eco number release. Starting 30 mins before LO....hence no trading for FF or LO on JPY pairs.
  • #10,423
  • Jul 15, 2014 2:39am Jul 15, 2014 2:39am
Quoting FXEmpire
{quote} 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..
The calendar indicator updates the time pretty well.
  • #10,424
  • Jul 15, 2014 2:39am Jul 15, 2014 2:39am
Why GU and EU not available too when BOJ in meeting ?
  • #10,425
  • Jul 15, 2014 2:39am Jul 15, 2014 2:39am
Quoting Callum
{quote} does that count as burpees?
I had my burpees already done in my fitness program earlier this morning..

Udine
Sleep less, live fast, as it aint gonna last
  • #10,426
  • Jul 15, 2014 2:40am Jul 15, 2014 2:40am
Think BOJ over, as announcement already made it appears http://uk.reuters.com/article/2014/0...0FK07620140715
  • #10,427
  • Jul 15, 2014 2:42am Jul 15, 2014 2:42am
Trade #1 for the day

EA about 5 TP

Attached Image (click to enlarge)
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Masterrmind...........
Master your Mind then Master your Trades
  • #10,428
  • Jul 15, 2014 2:43am Jul 15, 2014 2:43am
Quoting Vikingi
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.

trading with so much red news around is more risky..

if you dont like the risk on days like this... dont open your platform and go do something else...

you dont have to trade always ..

Udine
Sleep less, live fast, as it aint gonna last
  • #10,429
  • Jul 15, 2014 2:44am Jul 15, 2014 2:44am
Quoting parsfx
EJ hit SL beacause Rule 1 condition Not available.

not correct..

all rules were met..

Udine
Sleep less, live fast, as it aint gonna last
  • #10,430
  • Jul 15, 2014 2:45am Jul 15, 2014 2:45am
Quoting Udine
{quote} trading with so much red news around is more risky.. if you dont like the risk on days like this... dont open your platform and go do something else... you dont have to trade always .. Udine
Yesterday was also a bad day , but there were no red news upcoming.
Seems like i'm doing something wrong, but i don;t see any mistakes, as i'm following the rules

No Idea what's happening
  • #10,431
  • Jul 15, 2014 2:45am Jul 15, 2014 2:45am
Quoting jeetvirk
{quote} My friend you r in forex world. Losses are also part of trading. regards jeet
Yes, I accept that.

A lot of professional trader here, and I want to learn from them.

Learn a lot from these SLs.

Cheer!
  • #10,432
  • Jul 15, 2014 2:45am Jul 15, 2014 2:45am
Quoting Beachie41
Think BOJ over, as announcement already made it appears http://uk.reuters.com/article/2014/0...0FK07620140715

there were 2 news events..

1. announcement
2. press conference

the discussion is about the 2nd one

Udine
Sleep less, live fast, as it aint gonna last
  • #10,433
  • Jul 15, 2014 2:47am Jul 15, 2014 2:47am
Until now, 1.69 %.
Intraday only.
  • #10,434
  • Jul 15, 2014 2:48am Jul 15, 2014 2:48am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Udine
{quote} I had my burpees already done in my fitness program earlier this morning.. Udine
extra burpees on top of usual daily burpees required
An expert is a man who has made all the mistakes which can be made
  • #10,435
  • Jul 15, 2014 2:49am Jul 15, 2014 2:49am
Quoting Vikingi
{quote} Yesterday was also a bad day , but there were no red news upcoming. Seems like i'm doing something wrong, but i don;t see any mistakes, as i'm following the rules No Idea what's happening

you have a tradelog/journal ??
you compare your trades with the trades people are posting ??
you analyze the differences??
you know where these differences come from??
you know the mistakes you made??
you look for reasons not to take a trade, or you look for reasons to take a trade??

Udine
Sleep less, live fast, as it aint gonna last
  • #10,436
  • Jul 15, 2014 2:50am Jul 15, 2014 2:50am
Quoting Vikingi
{quote} Yesterday was also a bad day , but there were no red news upcoming. Seems like i'm doing something wrong, but i don;t see any mistakes, as i'm following the rules No Idea what's happening
yesterday was a great day for the method.. all winners on ej and gj at least..
this is coming from the guy who who lost 20% yesterday.. bcz I did some mistakes of my own..
it all depends on YOU, how you treat the situations and make key decisions.. always firstly point the finger at yourself before anything else..
Passion, Persist, Patience, Protect
  • #10,437
  • Jul 15, 2014 2:53am Jul 15, 2014 2:53am
Quoting FXEmpire
{quote} yesterday was a great day for the method.. all winners on ej and gj at least.. this is coming from the guy who who lost 20% yesterday.. bcz I did some mistakes of my own.. it all depends on YOU, how you treat the situations and make key decisions.. always firstly point the finger at yourself before anything else..

Good Morning All!
  • #10,438
  • Jul 15, 2014 2:53am Jul 15, 2014 2:53am
Today quite every pair I follow is influenced by news in crucial hours.. LO, NYO...
I don't think I will trade again today, unless a really strong trend appears.
I don't like to lose at all and I have already eaten 2/3 of yesterdays profit.

Lrt
"Every battle is won before it's fought."
  • #10,439
  • Jul 15, 2014 2:54am Jul 15, 2014 2:54am
Quoting FXEmpire
{quote} yesterday was a great day for the method.. all winners on ej and gj at least.. this is coming from the guy who who lost 20% yesterday.. bcz I did some mistakes of my own.. it all depends on YOU, how you treat the situations and make key decisions.. always firstly point the finger at yourself before anything else..
In the end the trader is solely responsible for the positions he/she places.

Masterrmind.......
Master your Mind then Master your Trades
  • #10,440
  • Jul 15, 2014 2:55am Jul 15, 2014 2:55am
Quoting panamamike
{quote} The calendar indicator updates the time pretty well.

thanks bud..
but it's amazing that I did not see any sign of it on the Bloomberg tv for the start or end of it.. I purposely was watching closely..

i guess for us it was important to know when it finished but starting 30min before which is what ff indicates the call for sure was to stay out of it for least an hour.. bcz they don't normally so quick and still some time after the end it has effects..
Passion, Persist, Patience, Protect
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