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As simple as possible: 00 level trading

  • #10,621
  • Edited 8:46am Jul 15, 2014 8:36am | Edited 8:46am
I will save you all the details, but these are the 2 last lines of transcript with my brokerīs customer support...

Me
So just to be clear: you are saying that US red news caused the EURJPY spread to be 4.9 pips ?

XXXX Support
yes since this is a cross, announcements on the USD can affect most pairs as banks use the majors to make prices fro crosses. For this reason there will tend to be spread variation and episodic volatility when there is news that affects the USD and JPY predominantly
  • #10,622
  • Jul 15, 2014 8:38am Jul 15, 2014 8:38am
Quoting flx69
I will save you all the details, but these are the 2 last lines of transcript with my brokerīs customer support... Me So just to be clear: you are saying that US red news caused the EURJPY spread to be 4.9 pips ? IC Markets Support yes since this is a cross, announcements on the USD can affect most pairs as banks use the majors to make prices fro crosses. For this reason there will tend to be spread variation and episodic volatility when there is news that affects the USD and JPY predominantly

I really appreciate your share, thanks!
  • #10,623
  • Jul 15, 2014 8:44am Jul 15, 2014 8:44am
Eurusd short 000 level
Know your edge and trade within it
  • #10,624
  • Jul 15, 2014 8:47am Jul 15, 2014 8:47am
Quoting fxtrader29ca
Eurusd short 000 level
Against the rules, USD red to come in 15 min..


I'm out for today, bye!

Lrt
"Every battle is won before it's fought."
  • #10,625
  • Jul 15, 2014 8:52am Jul 15, 2014 8:52am
Quoting Lrt.Ita
{quote} Against the rules, USD red to come in 15 min.. I'm out for today, bye! Lrt
Wow didn't realize that I am out now though with +6 on the EURUSD SHORT 000 LEVEL
Know your edge and trade within it
  • #10,626
  • Jul 15, 2014 8:52am Jul 15, 2014 8:52am
EJ ==TP
Attached Image (click to enlarge)
Click to Enlarge Name: Snap 2014-07-15 at 21.52.36.jpg Size: 65 KB
  • #10,627
  • Jul 15, 2014 8:54am Jul 15, 2014 8:54am
Quoting PureHeart
EJ ==TP {image}
Ditto, took +5
  • #10,628
  • Jul 15, 2014 8:56am Jul 15, 2014 8:56am
Just short EJ to .150 for TP +5. Only trade for today, hopefully more green pips tomorrow!
  • #10,629
  • Jul 15, 2014 8:58am Jul 15, 2014 8:58am
Quoting PureHeart
EJ ==TP {image}
same trade, same result
  • #10,630
  • Jul 15, 2014 9:09am Jul 15, 2014 9:09am
I've had my order @ .400 on EJ triggered.... Can't understand why because price never reached that level

Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym15.png Size: 38 KB
  • #10,631
  • Jul 15, 2014 9:09am Jul 15, 2014 9:09am
Quoting Udine
ok guys/girls, today no more trades .. so a losing day.... -2 % today, +1 % for the week... we still have some days to go. that will be celebrated with a beer later on... Udine
Iīm out for the day, more trading at all.
Iīll think three times about rule #8 when thereīs US red news.

That beer, Iīll have it right now

See you guys tomorrow for new TP adventures...
  • #10,632
  • Jul 15, 2014 9:09am Jul 15, 2014 9:09am
Quoting jmflukeiii
{quote} The chart won't show the ask unfortunately. It's just showing you the bid. The ask probably jumped from the news well above whatever level you are talking about.
In my other 1 min system I have an indicator that shows the bid and ask on the chart. I can post it if Nyone wants it and Udine does not mind
  • #10,633
  • Jul 15, 2014 9:11am Jul 15, 2014 9:11am
Quoting panamamike
{quote} In my other 1 min system I have an indicator that shows the bid and ask on the chart. I can post it if Nyone wants it and Udine does not mind

dont mind

Udine
Sleep less, live fast, as it aint gonna last
  • #10,634
  • Jul 15, 2014 9:11am Jul 15, 2014 9:11am
I had one trade today sold EJ at 138.20 for +5. It was the only valid trade I saw today due to news.
  • #10,635
  • Jul 15, 2014 9:19am Jul 15, 2014 9:19am
Quoting Udine
{quote} dont mind Udine
PMed you about my issue with our broker
  • #10,636
  • Jul 15, 2014 9:19am Jul 15, 2014 9:19am
Here is the Bid ask indicator I use.
Attached File(s)
File Type: mq4 Dna-Spread.mq4   3 KB | 391 downloads
  • #10,637
  • Jul 15, 2014 9:29am Jul 15, 2014 9:29am
Quoting lucariga
{quote} PMed you about my issue with our broker

replied

Udine
Sleep less, live fast, as it aint gonna last
  • #10,638
  • Jul 15, 2014 9:30am Jul 15, 2014 9:30am
running xux99 EA

the sell dont open
138.000 invalida

near the level .000 no valid trade
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY-ProM15 EA 1.png Size: 61 KB
  • #10,639
  • Jul 15, 2014 9:39am Jul 15, 2014 9:39am
3.7 % today until now.

Now I am thinking of closing down the shop for today.
Intraday only.
  • #10,640
  • Jul 15, 2014 9:40am Jul 15, 2014 9:40am
Hi Udine if you r still here I would like to ask you regarding the GJ pair, since after news GJ pair give us 3 clean wins but we all didn't took the trades becuse of RMup value turing red. cant we change these values so that it give us more room to trade. i hope u under stand what i want to ask.

thanks

regards
jeet
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