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As simple as possible: 00 level trading

  • #12,001
  • Jul 21, 2014 4:46am Jul 21, 2014 4:46am
Quoting Udine
{quote} expecting trend continuation... i can make mistakes also.... Udine
I really like your honesty, Udine .

I entered short on EJ too at London Open +1 because I thought there was a good sync between EJ an GJ (down) and between EJ and EU (down too but EU closing up).
I also thought there was enough room between 136.900 and the entry price to cope with a reversal due to EU closing up.

And it's very stressing this hour too.
I don't manage to see if the trend is still down or turning up.
Nothing really in sync and I don't know how to place my order to both :
- filter the moves,
- be triggered when needed and
- comply with the rules...

Quoting Udine
all P#ssing around the DO again.. waiting for NY.. Udine
Who has pending orders ?
AFAIC
EJ : pending short @ 136.900
GJ : pending short @ 172.800

Honestly, I don't if I must leave them at the same level, move them to comply with the rules at the end of the hour or remove them to wait for NY open.
  • #12,002
  • Jul 21, 2014 4:51am Jul 21, 2014 4:51am
Hi i have problem with Wheelbarrel EA.
Every time my trade is closed on BE it is loss trade.
For example today:
GJ S 172.90. Trade closed on BE at 172.893 = +33,18 -40,97 (commision) = -7,79.

Unfortunatelly i cant see any place i can change commision amount in WB settings.
I know that this option is in Wukar WB Trail EA but this EA is not working in right way on my PC (like "Psych daschboard" and "ADR ATR" indies too).
  • #12,003
  • Jul 21, 2014 4:53am Jul 21, 2014 4:53am
Quoting flx69
{quote} Look at volumes and you have the answer. i.e. GJ, usual daily volume 60K-100K, peaking to 120-140K. Today, 27K with another hour in LO and NY Open to come. A bit thin, but patience is a virtue... flx69
compared to friday the volume is normal...only in the asian session volume was thin due to japan bank holiday.
Attached Image (click to enlarge)
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  • #12,004
  • Jul 21, 2014 4:54am Jul 21, 2014 4:54am
Quoting Udine
all P#ssing around the DO again.. waiting for NY.. Udine
Well, if the G-trend continues Iīd look at GJ long @ 173.200 in the next hour.
  • #12,005
  • Jul 21, 2014 4:55am Jul 21, 2014 4:55am
Quoting Ff-fx
{quote} I really like your honesty, Udine . I entered short on EJ too at London Open +1 because I thought there was a good sync between EJ an GJ (down) and between EJ and EU (down too but EU closing up). I also thought there was enough room between 136.900 and the entry price to cope with a reversal due to EU closing up. And it's very stressing this hour too. I don't manage to see if the trend is still down or turning up. Nothing really in sync and I don't know how to place my order to both : - filter the moves, - be triggered when needed...

when you see nothing, go do something else... mowing the lawn, go ironing, do some burpees.. do something usefull, but no trading

Udine
Sleep less, live fast, as it aint gonna last
  • #12,006
  • Jul 21, 2014 4:55am Jul 21, 2014 4:55am
Second loss today: GU...
  • #12,007
  • Jul 21, 2014 4:58am Jul 21, 2014 4:58am
Quoting Carpathian
I am EU SHORT @1.3520
Yeah, you're right doubting this. The reason was I saw downtrend in M1 (uuuuhhh ) with price testing the level, which in the end may or may not break down. Not the best setup I agree. Also looking back this level proved to be support in the past couple days. Even worse...
However while GU being strong EU does not seem to go up, showing relative weakness against the USD.
  • #12,008
  • Jul 21, 2014 5:00am Jul 21, 2014 5:00am
Quoting yag
{quote} compared to friday the volume is normal...only in the asian session volume was thin due to japan bank holiday. {image}
It is not volume. It is number of ticks.
  • #12,009
  • Jul 21, 2014 5:02am Jul 21, 2014 5:02am
Quoting flx69
{quote} Well, if the G-trend continues Iīd look at GJ long @ 173.200 in the next hour.
GJ crossed DO in my case now..I place pending @ 173.200..Lets hope for better
  • #12,010
  • Jul 21, 2014 5:02am Jul 21, 2014 5:02am
Quoting MrTD
1st trade GU +5 {image}
MrTD I have a question about the script. . Would it be possible to not place SL & TP as i have the WUKAR trail for that, i know you need SL for calculating lot size, but it doesnt need to be placed.
  • #12,011
  • Jul 21, 2014 5:03am Jul 21, 2014 5:03am
Quoting Udine
{quote} when you see nothing, go do something else... mowing the lawn, go ironing, do some burpees.. do something usefull, but no trading Udine

Ok, lol...
Time for lunch here in France ;-)
  • #12,012
  • Edited 7:50am Jul 21, 2014 5:04am | Edited 7:50am
Quoting nitecop
gu SL
If your entered 1.7070 i think there is not enought sync with eu, ej, gj.

I'm looking at D1 and H1 direction of all 4 pairs.
At least 6 cubes of 8 (eu, ej, gu, gj pairs) in PsyLeveles Dashboard indicator must be the same color.
This can filter weak signals and guarantee sync.
  • #12,013
  • Jul 21, 2014 5:05am Jul 21, 2014 5:05am
Quoting iwan73
{quote} It is not volume. It is number of ticks.
ok thx, i dindt know...also i heard there is no official volume on forex markets?...but never found a detailed information on this rumor
  • #12,014
  • Jul 21, 2014 5:13am Jul 21, 2014 5:13am
EJ - 137
EU- pending 1.3520
GU- pending 1.7080
  • #12,015
  • Jul 21, 2014 5:14am Jul 21, 2014 5:14am
So far sync is good enough.
  • #12,016
  • Jul 21, 2014 5:22am Jul 21, 2014 5:22am
Quoting iwan73
Hi i have problem with Wheelbarrel EA. Every time my trade is closed on BE it is loss trade. For example today: GJ S 172.90. Trade closed on BE at 172.893 = +33,18 -40,97 (commision) = -7,79. Unfortunatelly i cant see any place i can change commision amount in WB settings. I know that this option is in Wukar WB Trail EA but this EA is not working in right way on my PC (like "Psych daschboard" and "ADR ATR" indies too).
Hello Iwan73.
Did you try to launch MT4 as Administrator ?
(Right button clic on MT4 icon then "launch as administrator")

You should be able to use Wukar WB Trail and the other indicators.
I had the same problem and I solved it this way...
  • #12,017
  • Jul 21, 2014 5:25am Jul 21, 2014 5:25am
Quoting Udine
{quote} when you see nothing, go do something else... mowing the lawn, go ironing, do some burpees.. do something usefull, but no trading Udine
Part of my problem is I work on my computer... seriously thinking about setting up a dedicated trading pc, so when I am working I'm working and there is no 'quick check' of the charts... that is until trading is my work of course...
  • #12,018
  • Jul 21, 2014 5:34am Jul 21, 2014 5:34am
Quoting Ff-fx
{quote} Hello Iwan73. Did you try to launch MT4 as Administrator ? (Right button clic on MT4 icon then "launch as administrator") You should be able to use Wukar WB Trail and the other indicators. I had the same problem and I solved it this way...
THX for reply.
I am logged in my PC as admin.
  • #12,019
  • Jul 21, 2014 5:38am Jul 21, 2014 5:38am
Good morning and it looks like some pips made on a sleepy Monday

Cigarguy
Keep It Simple
  • #12,020
  • Jul 21, 2014 5:53am Jul 21, 2014 5:53am
Quoting owner2005
So far sync is good enough.
Donīt only look for sync, I have made this mistake numerous times.

Also look for trend. Look at the screenshot below, do you see trend ?
Udine already mentioned a few posts back: the Yen pairs are p331ng around the DO.
Attached Image (click to enlarge)
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