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As simple as possible: 00 level trading

  • #12,241
  • Jul 22, 2014 1:07am Jul 22, 2014 1:07am
Quoting Masterrmind
{quote} I wish I had the ability to do that setup manually.......I'd probably be immortal! Masterrmind............
LOL
  • #12,242
  • Jul 22, 2014 1:13am Jul 22, 2014 1:13am
Quoting panamamike
{quote} Just out of curiosity....why bother with Euro session at all? If you are successful with Asia, and NY, you should be able to make a nice steady return. Peraps your bio-rhythms are not in tune with trading at this hour.
I agree i feel so miserable trading so late and then followed by early morning for ny open. but I'm still new and I want to determine that with time and consistency plus even though I'm not gaining money for this session I'm gaining experience to hone my skills.
  • #12,243
  • Jul 22, 2014 1:17am Jul 22, 2014 1:17am
Quoting ericjschroed
{quote} {quote} Cool. Here are 2 versions. NOTE: (Anyone) DO NOT bug me if you lose money in a Live account without testing in Demo! The first one will place a Market Buy order when price (Bid) reaches the trigger line. The second one also allows for a Sell order so you can place a (pending) sell order within 0.1 pips (1 point) of price and your broker won't reject it. 2nd one also adds an option for ATR trailing stop which kicks in right away if set to True. Otherwise, same as the previous ones with HiddenSL and TS. You must use the EJS_PL (pending...
Thanks for your great work Eric...
I use it all the time.
Very appreciated :-)
  • #12,244
  • Jul 22, 2014 1:23am Jul 22, 2014 1:23am
Quoting nitecop
{quote} I agree i feel so miserable trading so late and then followed by early morning for ny open. but I'm still new and I want to determine that with time and consistency plus even though I'm not gaining money for this session I'm gaining experience to hone my skills.
Food for thought.....

If you are "tired and miserable" trading so late, it is likely having a negative effect on your trading. Is that experience of any benefit? If it contributes to poor execution, or trading against the rules due to mental or physical fatigue, I would argue that it is doing more harm than good. Just my .02
  • #12,245
  • Jul 22, 2014 1:24am Jul 22, 2014 1:24am
Quoting Ff-fx
EJ : pending long @ 137.400 GJ : pending long @ 173.500
Arhhh.....but market says .......NO !

Masterrmind...........
Master your Mind then Master your Trades
  • #12,246
  • Jul 22, 2014 1:26am Jul 22, 2014 1:26am
Quoting Masterrmind
{quote} Arhhh.....but market says .......NO ! Masterrmind...........
frankie opened right on weekly pivot for GJ.... Was not on my radar.
  • #12,247
  • Jul 22, 2014 1:27am Jul 22, 2014 1:27am
I expect fearlessly today green pips and wish it's for everyone )
...Because other days in this week will be much more difficult.
  • #12,248
  • Jul 22, 2014 1:29am Jul 22, 2014 1:29am
Quoting panamamike
{quote} Food for thought..... If you are "tired and miserable" trading so late, it is likely having a negative effect on your trading. Is that experience of any benefit? If it contributes to poor execution, or trading against the rules due to mental or physical fatigue, I would argue that it is doing more harm than good. Just my .02
true, but I also dunno if it's cause and effect because most of my losses happened in euro session, it stressed me more.. either way if i make another killing week or two in asian session, i assure you i won't be around for euro . Will help anybody else who prefers asia/ny.
  • #12,249
  • Jul 22, 2014 1:31am Jul 22, 2014 1:31am
Quoting panamamike
{quote} frankie opened right on weekly pivot for GJ.... Was not on my radar.
You can see how clearly price turned.......

I'm more interested in a couple of others for the time being.....

Masterrmind............
Master your Mind then Master your Trades
  • #12,250
  • Jul 22, 2014 1:35am Jul 22, 2014 1:35am
Quoting Masterrmind
{quote} You can see how clearly price turned....... I'm more interested in a couple of others for the time being..... Masterrmind............
the pullback may give a nice opportunity for the start of London. I rarely trade Frankie...it has to be a 5star setup and even then only half size for me.
  • #12,251
  • Jul 22, 2014 1:39am Jul 22, 2014 1:39am
Quoting panamamike
{quote} the pullback may give a nice opportunity for the start of London. I rarely trade Frankie...it has to be a 5star setup and even then only half size for me.
Yes and PA can turn on a dime coming out of Franky..........

Masterrmind..........
Master your Mind then Master your Trades
  • #12,252
  • Jul 22, 2014 1:43am Jul 22, 2014 1:43am
Quoting panamamike
{quote} the pullback may give a nice opportunity for the start of London. I rarely trade Frankie...it has to be a 5star setup and even then only half size for me.
also my experience...there are enough opportunities in LO...and i can sleep a bit longer
  • #12,253
  • Jul 22, 2014 1:45am Jul 22, 2014 1:45am
Buenos días familia,

Browsing through the previous pages, I see the Asian session´s been very interesting with plenty of green pips !
Getting ready for LO, with hopefully 2 TPs in under 5 minutes

flx69
  • #12,254
  • Jul 22, 2014 1:58am Jul 22, 2014 1:58am
Quoting Masterrmind
{quote} Arhhh.....but market says .......NO ! Masterrmind...........
Quote
You can see how clearly price turned.......
I'm more interested in a couple of others for the time being.....

Yes, you're right, Mastermind ;-)
FFO reversal...

EU and GU were too close from their DO line and not .400 .500 .600, so I choosed to put these orders here because :
- the 2 pairs EJ and GJ were in good sync and with a rising trend since yesterday evening
- the trigger line was far enough to absorb a short variation before a reversal
- the levels were .400 / .500 and complying with Udine's rules.
But EU and GU were reversing so there was no real strenght and not a great probability of success...

As Panamike says :
Quote
the pullback may give a nice opportunity for the start of London.
  • #12,255
  • Jul 22, 2014 2:00am Jul 22, 2014 2:00am
CADJPY TS
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM15_20140722TS.png Size: 42 KB
Lets WUKAR FIFO!! - Udine
  • #12,256
  • Jul 22, 2014 2:02am Jul 22, 2014 2:02am
EJ and GJ LONG pending orders
  • #12,257
  • Jul 22, 2014 2:03am Jul 22, 2014 2:03am
Quoting iwan73
EJ and GJ LONG pending orders
yep 400 and 300 levels
  • #12,258
  • Jul 22, 2014 2:04am Jul 22, 2014 2:04am
well those orders didnt last long
deleted them already!
  • #12,259
  • Jul 22, 2014 2:06am Jul 22, 2014 2:06am
GJ to SL
bad luck...pending order got triggered at .40 and then straight went down to SL ( 90 min)
  • #12,260
  • Jul 22, 2014 2:08am Jul 22, 2014 2:08am
five minutes late for LO (I hurried back home to see the charts!)

it seems I'd better wait for the next hour...
My hope has been almost completely shattered, but not completely yet
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