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As simple as possible: 00 level trading

  • #10,821
  • Jul 16, 2014 2:28am Jul 16, 2014 2:28am
Quoting flash4
I don't know how one can say there was no direction on the GJ.. It had been circulating around the daily open and broke South just before London open... Thoughts?
it was a 100%clear short regarding the system of the thread.
the only argument against the trade was that the weekly and monthly open was lower, which means GJ was in a weekly and monthly uptrend.
  • #10,822
  • Jul 16, 2014 2:29am Jul 16, 2014 2:29am
GJ to SL, broke my own rule and traded inside 10 pips of DO (my DO .288), that'll learn me. Thought I'd test waters.
EJ still going so, like many others here, I will watch with interest. Tempting to close out manually at BE but it's in line with EU and I'm on minimum lots so lets see.
  • #10,823
  • Jul 16, 2014 2:30am Jul 16, 2014 2:30am
EU TS + 2.1
EJ 900 +6
EJ 800 BÔNUS
GJ 100
GU 200 e 500

Good morning ... WORK WITH THE PIPS tP 06 AND 12 SPREADS TO STOP BECAUSE OF MY BROKER
  • #10,824
  • Jul 16, 2014 2:31am Jul 16, 2014 2:31am
Quoting Lrt.Ita
Udine are you short on EJ too?

yes.. short on the EJ.. but no trade on the GJ...

the previous hour the GU was up, near the DO and the GJ was coming down.. so I prefered to stay out of the GJ trade..

but it looks like this hour wont be the best of starts for the day..

Udine
Sleep less, live fast, as it aint gonna last
  • #10,825
  • Jul 16, 2014 2:35am Jul 16, 2014 2:35am
Quoting Masterrmind
{quote} With GJ red news just around the corner I left it alone (price is chopping around on the charts) As for EJ I'm also short that pair from the 800 level. Let's see that pair come through for you! Be positive ........ Masterrmind...........

agree on gj comment mm..
bcz of the news around the corner i was finger ready and not willing to tolerate any much mess around ... straight to tp or out was the plan for me..
Passion, Persist, Patience, Protect
  • #10,826
  • Jul 16, 2014 2:35am Jul 16, 2014 2:35am
Quoting Udine
{quote} yes.. short on the EJ.. but no trade on the GJ... the previous hour the GU was up, near the DO and the GJ was coming down.. so I prefered to stay out of the GJ trade.. but it looks like this hour wont be the best of starts for the day.. Udine
Well Say, My GJ SL-10 becase i forget there is news is coming up, and it is so close to the OD line..
EJ still Short at 800
Never say no to PIPS
  • #10,827
  • Jul 16, 2014 2:38am Jul 16, 2014 2:38am
EJ -10
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My hope has been almost completely shattered, but not completely yet
  • #10,828
  • Jul 16, 2014 2:38am Jul 16, 2014 2:38am
Hi everyone,

I was wondering if anyone can help me with the correlation of different pairs.

EJ > GJ ?
GJ > EJ ?
EU > EJ, GU ?
GU > ?

Sorry if this question has already been asked.

Best regards,

Frietzak
  • #10,829
  • Jul 16, 2014 2:38am Jul 16, 2014 2:38am
Quoting FXEmpire
{quote} agree on gj comment mm.. bcz of the news around the corner i was finger ready and not willing to tolerate any much mess around ... straight to tp or out was the plan for me..
Sounds good....using market sense to guide you through the treacherous waters!

Masterrmind..........
Master your Mind then Master your Trades
  • #10,830
  • Jul 16, 2014 2:38am Jul 16, 2014 2:38am
EJ SL. Looks like these red days like today and yesterday are no good for trading.
Those who know don't talk. Those who talk don't know.
  • #10,831
  • Jul 16, 2014 2:38am Jul 16, 2014 2:38am
EJ SL -10
  • #10,832
  • Jul 16, 2014 2:38am Jul 16, 2014 2:38am
Quoting Udine
{quote} yes.. short on the EJ.. but no trade on the GJ... the previous hour the GU was up, near the DO and the GJ was coming down.. so I prefered to stay out of the GJ trade.. but it looks like this hour wont be the best of starts for the day.. Udine
Bad luck those two days, my goal by now is to end the week neutral..

Lrt
"Every battle is won before it's fought."
  • #10,833
  • Jul 16, 2014 2:38am Jul 16, 2014 2:38am
EJ SL. I repeat it is as scattershot
  • #10,834
  • Jul 16, 2014 2:38am Jul 16, 2014 2:38am
EJ -10

Not a great start after 4% loss yesterday
  • #10,835
  • Jul 16, 2014 2:38am Jul 16, 2014 2:38am
EJ - 10, no trade for now.
  • #10,836
  • Jul 16, 2014 2:38am Jul 16, 2014 2:38am
GJ -10
EJ -10

A bad start of the day.

i canceled GJ and GU trades because of the upcoming news.

EU and EJ will be searching for trades.
correct?
  • #10,837
  • Jul 16, 2014 2:38am Jul 16, 2014 2:38am
Quoting Udine
{quote} yes.. short on the EJ.. but no trade on the GJ... the previous hour the GU was up, near the DO and the GJ was coming down.. so I prefered to stay out of the GJ trade.. but it looks like this hour wont be the best of starts for the day.. Udine
Indeed, not the best start of the day.

Trade #2:
EJ to SL.
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  • #10,838
  • Jul 16, 2014 2:39am Jul 16, 2014 2:39am
i did not take the ej simply bcz the take off point was at 900 franky time, which was missed bcz sticking to the rule.. so decided to wait for the pull whenever the take off dies.. instead took gj with extra care.. and I was already in eu franky 600 level.. so passed at that time..
Passion, Persist, Patience, Protect
  • #10,839
  • Jul 16, 2014 2:39am Jul 16, 2014 2:39am
EJ to SL, -10pips.

Lrt
"Every battle is won before it's fought."
  • #10,840
  • Jul 16, 2014 2:40am Jul 16, 2014 2:40am
EJ hit SL...

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
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