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As simple as possible: 00 level trading

  • #11,121
  • Jul 16, 2014 7:30pm Jul 16, 2014 7:30pm
Quoting Callum
{quote} ha, quiet is also good as long as you are on the winning side... so the common denominator is.... win
Precisely!

Masterrmind......
Master your Mind then Master your Trades
  • #11,122
  • Jul 16, 2014 7:41pm Jul 16, 2014 7:41pm
quiet quiet quiet on everything i look at...
  • #11,123
  • Jul 16, 2014 7:52pm Jul 16, 2014 7:52pm
EN long TP hit
  • #11,124
  • Jul 16, 2014 7:52pm Jul 16, 2014 7:52pm
Gotta run. Back in a bit
  • #11,125
  • Jul 16, 2014 7:55pm Jul 16, 2014 7:55pm
Sorry MM, million questions...

How do you see EJ, to me its spent the last 4 hours getting wound up into a tight range right around 137.5 level. When it breaks it and breaches either 137.6(long) or 137.4(short) we ought to see the pop for our 5 pips? how are you reading it
  • #11,126
  • Jul 16, 2014 8:10pm Jul 16, 2014 8:10pm
Quoting Callum
Sorry MM, million questions... How do you see EJ, to me its spent the last 4 hours getting wound up into a tight range right around 137.5 level. When it breaks it and breaches either 137.6(long) or 137.4(short) we ought to see the pop for our 5 pips? how are you reading it
By the rules I can't short at that level you mention as my open candle was just above the 500 level.

This level is far too close for a pending short also so I'm not taking it and PA is engulfing the DO.

Trend has no direction at present so choose wisely.

Masterrmind...........
Master your Mind then Master your Trades
  • #11,127
  • Jul 16, 2014 8:15pm Jul 16, 2014 8:15pm
Unfortunately, my live account has taken a hit this week since I got the losses but could not stick around long enough for the wins. Here's a winning demo trade based on my new test of buying when the Bid reaches the 00 line. I'm still long on EA, but GA did not trigger because price made a high of 1.83094 which normally would have put me in the trade, but not based on the Bid.

Attached Image (click to enlarge)
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  • #11,128
  • Jul 16, 2014 8:22pm Jul 16, 2014 8:22pm
EA to TP, buy based on Bid. GA is now at least BE. Maybe I need to focus more on Asia?

Attached Image (click to enlarge)
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  • #11,129
  • Jul 16, 2014 8:22pm Jul 16, 2014 8:22pm
Got a GA to tp and AN to trailing SL for a break even... trading the smallest lot size possible
  • #11,130
  • Jul 16, 2014 8:23pm Jul 16, 2014 8:23pm
Waddayouknow! GA too.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud-m15-finfx-trading-oy.png Size: 59 KB
  • #11,131
  • Jul 16, 2014 8:25pm Jul 16, 2014 8:25pm
Quoting ericjschroed
EA to TP, buy based on Bid. GA is now at least BE. Maybe I need to focus more on Asia? {image}
Just need to choose which session suits you the best.

PA is generally a lot slower in Asian session but as long as it goes 5 pips in your direction in a reasonable length of time then who cares.

Good luck in choosing.

Masterrmind............
Master your Mind then Master your Trades
  • #11,132
  • Jul 16, 2014 8:26pm Jul 16, 2014 8:26pm
morning, guys.

this week I'm about -40pips, so I'm on the loosing side.

For me, this week is a very good PDF & BCC training.

I'm trying not to lose hope; it may take 2 weeks to get even.

As I said before, I began to lose after I put a larger capital in this method.

Tension and greed come in the way I think...

And now I'm trading only by Udine's way. I'm focusing to master this method.

Yesterday I learned a lot aboutdiscretion.

And discretion is finding reasons not to trade (I interpreted Master's saying as this).

I will not trade a daily first touch (first 00 line break from DO) for some time.

I will not trade when there's no apparent trend.

I will not trade when SL is not secured (when some kind of R/S doesn't exist between a entering price and its SL).

I will not trade without a good sync.

see you in LO.
My hope has been almost completely shattered, but not completely yet
  • #11,133
  • Jul 16, 2014 8:29pm Jul 16, 2014 8:29pm
Quoting MrTD
{quote} Good question! Here is an indicator that will help you all to trade according to Udine's rules. {image} I modified an existing News indicator to use only the news we need, which includes USD red news on all pairs. The indicator above gets info from the news indicator which downloads news from FF. It shows Lime bars when it is safe according to the rules, Red bars when between 1 hour before news and 30 minutes after news. DimGray bars for the next 30 minutes as a warning to be careful as news may still have an impact yet. You will need these...
Gr8 work thanks MrTD
  • #11,134
  • Jul 16, 2014 8:31pm Jul 16, 2014 8:31pm
GA and EA to target - EJ and GJ dead.
Attached Images
Small disciplines repeated with consistency lead to great achievements.
  • #11,135
  • Jul 16, 2014 8:50pm Jul 16, 2014 8:50pm
Quoting jmflukeiii
GA and EA to target - EJ and GJ dead. {image} {image}
Great work JM..........

Masterrmind...........
Master your Mind then Master your Trades
  • #11,136
  • Jul 16, 2014 8:52pm Jul 16, 2014 8:52pm
GA > TP
EA > TP

Having problem in uploading screenshot. after pressing ctrl-V, nothing happen?? Usually the screenshot is loading... Any clue ? My hotkey currently set to Alt B and S.
  • #11,137
  • Jul 16, 2014 9:05pm Jul 16, 2014 9:05pm
Ok got it now.
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  • #11,138
  • Jul 16, 2014 9:06pm Jul 16, 2014 9:06pm
Quoting Uluwatu
GA > TP EA > TP Having problem in uploading screenshot. after pressing ctrl-V, nothing happen?? Usually the screenshot is loading... Any clue ? My hotkey currently set to Alt B and S.
I had a problem a few months ago trying to upload using IE. Downloaded Chrome and vioala!, it worked much better. Don't know which you're using, but that might have something to do with it?
  • #11,139
  • Jul 16, 2014 9:24pm Jul 16, 2014 9:24pm
Wow I should have looked at EN earlier. Might have to keep that one on my radar in the future.
Lets WUKAR FIFO!! - Udine
  • #11,140
  • Jul 16, 2014 9:28pm Jul 16, 2014 9:28pm
Quoting Kobiet
{quote} I had a problem a few months ago trying to upload using IE. Downloaded Chrome and vioala!, it worked much better. Don't know which you're using, but that might have something to do with it?
It was my mistake, did not press the Print Screen. Thank you.
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