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As simple as possible: 00 level trading

  • #11,241
  • Jul 17, 2014 2:54am Jul 17, 2014 2:54am
247 traders watching ,,, GREAT going Udine
Whats That? you're trading What?
  • #11,242
  • Jul 17, 2014 2:57am Jul 17, 2014 2:57am
Quoting Udine
For the third time I have the pleasure of having company while trading... we have just set up his platform and charts.. we are ready to go... Cheers Udine

hey Udine is she pretty.. .. any need for an assistant I am here..
Passion, Persist, Patience, Protect
  • #11,243
  • Jul 17, 2014 2:59am Jul 17, 2014 2:59am
Quoting Qed
247 traders watching ,,, GREAT going Udine
Yeah, I think last Friday I saw 350, waiting to see if it gets beaten. Good stuff Udine, trust your associate appreciates what they have.
  • #11,244
  • Jul 17, 2014 2:59am Jul 17, 2014 2:59am
GU - TP .. after seeing everyone get TS i realized perhaps my wbtrail had gone offline so i restarted it
  • #11,245
  • Jul 17, 2014 2:59am Jul 17, 2014 2:59am
Quoting FXEmpire
{quote} dear easy.. i recommend to drop you lot size to half but keep trading all valid signals.. whatever you do, do not start second guessing and cherry picking too much.. your confidence will drain and drain..
Thanks. I'll do that. I'll reduce my lot size to half from the next hour.

I'm thinking what's different when I was winning and now.
I think I need to be more relaxed.
My hope has been almost completely shattered, but not completely yet
  • #11,246
  • Jul 17, 2014 3:01am Jul 17, 2014 3:01am
New hour..

3 shorts..

EJ @.300
GJ @.600
GU @.000

Keeping my fingers crossed.

Lrt
"Every battle is won before it's fought."
  • #11,247
  • Jul 17, 2014 3:02am Jul 17, 2014 3:02am
EJ / Sellstop 300 level.
EU / Buystop 400 level.

any thoughts about GJ's short from 600 level?
Stay Hungry Stay Foolish
  • #11,248
  • Jul 17, 2014 3:05am Jul 17, 2014 3:05am
Quoting Nik13
EJ / Sellstop 300 level. EU / Buystop 400 level. any thoughts about GJ's short from 600 level?
by the time it gets there rmdn could be red
  • #11,249
  • Jul 17, 2014 3:05am Jul 17, 2014 3:05am
Quoting Lrt.Ita
New hour.. 3 shorts.. EJ @.300 GJ @.600 GU @.000 Keeping my fingers crossed. Lrt
are you sure about GBP pairs?
Stay Hungry Stay Foolish
  • #11,250
  • Jul 17, 2014 3:05am Jul 17, 2014 3:05am
Quoting frietzak
{quote} Hi Yag, I'l try to explain why I have not taken those trades. Let's start with EJ. EJ opened with H1 green and turned H1 red so normally you would say place a pending short. However EU is H1 and D1 green, which means that euro rises. So you can not expect the euro to go down against the yen while it's winning ground against the dollar. Conclusion: no short trade on EJ. Now the GJ trade on which many people lost. GJ and GU were in sync, on both pairs was the pound losing ground against the Yen and the dollar. So manually I would say; yes...
thx, good argument!
i just look at the charts and there both EJ and GJ where in a sync downtrend...
  • #11,251
  • Jul 17, 2014 3:05am Jul 17, 2014 3:05am
Hi everyone,

No EJ and EU trade for me here. EU and EJ are in disagreement.

Best regards,

Frietzak
  • #11,252
  • Jul 17, 2014 3:06am Jul 17, 2014 3:06am
Quoting Nik13
EJ / Sellstop 300 level. EU / Buystop 400 level. any thoughts about GJ's short from 600 level?
Hey Nik,
Why would you take the same EUR based pairs SHORT and LONG at the same time?
  • #11,253
  • Jul 17, 2014 3:07am Jul 17, 2014 3:07am
Quoting FXEmpire
{quote} hey Udine is she pretty.. .. any need for an assistant I am here..

he aint...

Udine
Sleep less, live fast, as it aint gonna last
  • #11,254
  • Jul 17, 2014 3:07am Jul 17, 2014 3:07am
Euro red news 1 h IPC
  • #11,255
  • Jul 17, 2014 3:10am Jul 17, 2014 3:10am
Quoting easygoing
{quote} Thanks. I'll do that. I'll reduce my lot size to half from the next hour. I'm thinking what's different when I was winning and now. I think I need to be more relaxed.

its not only that... just check the calendar and see how many news we had... news means sudden moves, direction changes, spikes anything can happen..

So far it simply has been a very difficult week..

As I mentioned earlier this week.. I should not even have opened my platform and be doing somehting else..

Dont dispear.. PDF & BCC

Udine
Sleep less, live fast, as it aint gonna last
  • #11,256
  • Jul 17, 2014 3:11am Jul 17, 2014 3:11am
Quoting Carpathian
{quote} Hey Nik, Why would you take the same EUR based pairs SHORT and LONG at the same time?

hey Carpathian.

I don't think that both of this trades will be activated, so the chanses are higher, than to open orders only in one direction. IMAO. How do you think?
Stay Hungry Stay Foolish
  • #11,257
  • Jul 17, 2014 3:11am Jul 17, 2014 3:11am
Quoting angeloarc
Euro red news 1 h IPC
Medium impact, not red.
  • #11,258
  • Jul 17, 2014 3:11am Jul 17, 2014 3:11am
EJ out by TS
Should not have entered as close is 137.307 (<1 pip) but it was higher whenb I placed the order a few seconds before.
I think the right entry level would have been 137.200 as it would have shown a real sync between EJ and GJ .
I thought the period betweel FFO and LO was a bounce to go lower and return in sync with GJ but it wasn't true.

GJ manually stopped at 173.700.
When I saw that the BE was passed and that sync with EJ was going bader, moved my SL to 0.
Seems I was wrong as it stopped at 173.799 and went down to TP at 173.645 ;-(

I don't know which sync to look to get the trend and take the decision to enter :
Sync between EJ and GJ or
Sync between EJ and EU + Sync between GJ and GU.

What do you think about it, Udine, please ?
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  • #11,259
  • Jul 17, 2014 3:14am Jul 17, 2014 3:14am
Quoting frietzak
Hi everyone, No EJ and EU trade for me here. EU and EJ are in disagreement. Best regards, Frietzak

good choice, i concur as well
  • #11,260
  • Jul 17, 2014 3:15am Jul 17, 2014 3:15am
Quoting Carpathian
....GJ SHORT @.700 out -10 SL. Could have picked the battle more wisely: it has already come down 50 pips today and 25 out of that w/o a smallest retrace when triggered .700. Áron
BTW: bid only reached .797 in that hour, so if I set the SL at .800+spread (as it is actually a buy order triggering at ask price) then the trade would've TPd in the end. But still I think it is the battlepicikng that counts in the long term.
Or I could have manually BE-d during the first two 15 mins of the hour, having picked a riskier battle and seeing it just wasn't FIFO. And that is called risk/pos mgmt.
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