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As simple as possible: 00 level trading

  • #10,441
  • Jul 15, 2014 2:56am Jul 15, 2014 2:56am
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
could you show us what u trade? maybe we could learn something there ...together..

i didnt manage to trade anything.. on london . no trade = no loss
  • #10,442
  • Jul 15, 2014 2:57am Jul 15, 2014 2:57am
Quoting Masterrmind
{quote} In the end the trader is solely responsible for the positions he/she places. Masterrmind.......

thats what I said.. you see ME complaining?
Passion, Persist, Patience, Protect
  • #10,443
  • Jul 15, 2014 2:58am Jul 15, 2014 2:58am
Quoting Masterrmind
Trade #1 for the day EA about 5 TP {image} Masterrmind...........
Could you please upload your indicators and templates ? they seem amazingly clean and nice
  • #10,444
  • Jul 15, 2014 3:01am Jul 15, 2014 3:01am
The 2 E pairs are nicely in sync, arenīt they ?
EU almost breaking through daily open level again...
  • #10,445
  • Jul 15, 2014 3:01am Jul 15, 2014 3:01am
Quoting Masterrmind
Trade #1 for the day EA about 5 TP {image} Masterrmind...........
Burpees? Looks like start of hour was above 300
  • #10,446
  • Jul 15, 2014 3:03am Jul 15, 2014 3:03am
Quoting Udine
{quote} 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
1. Not exactly
2. Yes, but not always as we have different pairs
3. Yes
4. Yes
5. No
6. Reasons to take a trade i would say
  • #10,447
  • Jul 15, 2014 3:03am Jul 15, 2014 3:03am
Quoting Masterrmind
{quote} In the end the trader is solely responsible for the positions he/she places. Masterrmind.......
Perfectly true...

And 20% is so large. FXEmpire has a very strong mentality. I respect him for that (from a guy who lost 3.2% this week),
and I hope he will profit far more than 25%.

I have a lot of work (other than trading) today. So the last GJ short will be my only trade today. See you guys/girls tomorrow!
My hope has been almost completely shattered, but not completely yet
  • #10,448
  • Jul 15, 2014 3:03am Jul 15, 2014 3:03am
Quoting flx69
The 2 E pairs are nicely in sync, arenīt they ? EU almost breaking through daily open level again...
Yeah I am expecting EUR green today, however due to the news no chance for EUR/ and GBP/ pairs in the next 1.5 hour, I guess..
  • #10,449
  • Jul 15, 2014 3:05am Jul 15, 2014 3:05am
wow there's a lot of news going on.. i'm almost considering coming back at ny open lol
  • #10,450
  • Jul 15, 2014 3:06am Jul 15, 2014 3:06am
LO (London Open):

EU +5. EJ +5.

Regards,

Ty

Awaiting NYO (New York Open).
My job: I speculate and manage risk.
  • #10,451
  • Jul 15, 2014 3:07am Jul 15, 2014 3:07am
come back for NY

look at EJ and GJ now, up and down up and down
Never say no to PIPS
  • #10,452
  • Jul 15, 2014 3:11am Jul 15, 2014 3:11am
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..
That's what i'm doing. pointing the finger at myself not anyone esle.
That's why i wrote as i see everyone winning and i'm repeatedly losing and i can't find why, that's it

-4.58 % So far for me. Seems not good right
  • #10,453
  • Jul 15, 2014 3:11am Jul 15, 2014 3:11am
since it needs 4 winners to break even after 2 losses and plenty of red news maybe it's better not to trade at all today.
Porta itineris dicitur longissima esse
  • #10,454
  • Jul 15, 2014 3:12am Jul 15, 2014 3:12am
E/J SL ==> -6%...
Trade Safe !
  • #10,455
  • Jul 15, 2014 3:12am Jul 15, 2014 3:12am
Quoting TyLamai
LO (London Open): EU +5. EJ +5. Regards, Ty Awaiting NYO (New York Open).
EJ + 5 on LO?
Where you entered?
Persistence will get it. Consistency will keep it.
  • #10,456
  • Jul 15, 2014 3:15am Jul 15, 2014 3:15am
EJ - SLed

Stop for today.

Good luck to all!
  • #10,457
  • Jul 15, 2014 3:16am Jul 15, 2014 3:16am
Quoting Chake
{quote} EJ + 5 on LO? Where you entered?
138.30.

(*Note: Sent you a PM)

Regards,

Ty
My job: I speculate and manage risk.
  • #10,458
  • Jul 15, 2014 3:17am Jul 15, 2014 3:17am
EJ = SL -10
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1201407151.png Size: 74 KB
Look for reasons not to take a trade.
  • #10,459
  • Jul 15, 2014 3:18am Jul 15, 2014 3:18am
Quoting Vikingi
....That's why i wrote as i see everyone winning and i'm repeatedly losing and i can't find why, that's it....
Until you keep posting generic statements without showing some of your trades on charts no one can advise.
  • #10,460
  • Jul 15, 2014 3:18am Jul 15, 2014 3:18am
New York opens in 4 hours and because of news we can't trade till 2 hours at least, so better to wait for NY open. It'll be a long day
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