As simple as possible: 00 level trading | Page 650 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

As simple as possible: RENKO M5 trading 75 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple Level Trading 1 reply

Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies

Attachments: As simple as possible: 00 level trading
Exit Attachments

As simple as possible: 00 level trading

  • #12,981
  • Jul 24, 2014 2:41am Jul 24, 2014 2:41am
Quoting Patron
{quote} You're right. That trade (GBPJPY) was risky, but it was not against the rules.

I dunno if udine said this, but your AJ was illeagal too!
  • #12,982
  • Jul 24, 2014 2:42am Jul 24, 2014 2:42am
Quoting Patmontes
I'm outta here... Slightly different settings on TP and TSL but entries almost the same. Green Pips to all! {image}

looks like you enjoyed yourself this morning

Udine
Sleep less, live fast, as it aint gonna last
  • #12,983
  • Jul 24, 2014 2:44am Jul 24, 2014 2:44am
Quoting flx69
{quote} Buenos días familia, Patiently waiting with a second coffee, to see how all of this is unfolding. @sj9bp20 In answer to your question: that would be the Grandmaster Flash indi. It´s all explained here: http://www.youtube.com/watch?v=HsTJaP2tC0A flx69

now that is a classic...

you made me feel old !!!

Udine
Sleep less, live fast, as it aint gonna last
  • #12,984
  • Jul 24, 2014 2:46am Jul 24, 2014 2:46am
Quoting Patron
{quote} Esto no son horas!
Madrugando, Tokyo open...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB
  • #12,985
  • Jul 24, 2014 2:46am Jul 24, 2014 2:46am
Quoting Patron
{quote} You're right. That trade (GBPJPY) was risky, but it was not against the rules.
No, it wasn't against the rules. BUT, I prefer to take nice clean setups, especially when risk is 2X reward. my account thanks me for it

i am happy you made your pips. I am also happy I passed on that setup and would gladly do so again.
  • #12,986
  • Jul 24, 2014 2:48am Jul 24, 2014 2:48am
Quoting nitecop
{quote} I dunno if udine said this, but your AJ was illeagal too!
Yes, you are right.
Donde hay Patron no manda Marinero
  • #12,987
  • Jul 24, 2014 2:49am Jul 24, 2014 2:49am
Quoting Udine
{quote} looks like you enjoyed yourself this morning Udine
thanks so much for this wonderul method!!!! be blessed always for not being selfish and for sharing a truly profitable method!
  • #12,988
  • Jul 24, 2014 2:49am Jul 24, 2014 2:49am
Quoting panamamike
{quote} Really? you'd trade that? Look at the previous hourly candle. Was it a winner? Yes. Coin flip at best IMO. I gladly passed on that trade. When risking 2 to get 1, being selective is very important.
Not sure if i understand you correctly.
If previous H1 candle is green you avoid short trades on current H1 candle?
  • #12,989
  • Jul 24, 2014 2:50am Jul 24, 2014 2:50am
Quoting panamamike
{quote} No, it wasn't against the rules. BUT, I prefer to take nice clean setups, especially when risk is 2X reward. my account thanks me for it i am happy you made your pips. I am also happy I passed on that setup and would gladly do so again.
I agree with you. What happens is that these early trades, for me, are key and sin of impatience.
Donde hay Patron no manda Marinero
  • #12,990
  • Jul 24, 2014 2:50am Jul 24, 2014 2:50am
Quoting panamamike
{quote} Really? you'd trade that? Look at the previous hourly candle. Was it a winner? Yes. Coin flip at best IMO. I gladly passed on that trade. When risking 2 to get 1, being selective is very important.
very good and true quote
  • #12,991
  • Jul 24, 2014 2:51am Jul 24, 2014 2:51am
Quoting panamamike
{quote} Really? you'd trade that? Look at the previous hourly candle. Was it a winner? Yes. Coin flip at best IMO. I gladly passed on that trade. When risking 2 to get 1, being selective is very important.
I'm glad you mentioned that. Thanks.
Look for reasons not to take a trade.
  • #12,992
  • Jul 24, 2014 2:51am Jul 24, 2014 2:51am
I've done 30 burpees today.
Donde hay Patron no manda Marinero
  • #12,993
  • Jul 24, 2014 3:01am Jul 24, 2014 3:01am
Time to grind some coffee and read my book until the next hour.
  • #12,994
  • Jul 24, 2014 3:03am Jul 24, 2014 3:03am
eur/jpy=buy 136.700
  • #12,995
  • Jul 24, 2014 3:05am Jul 24, 2014 3:05am
Quoting iwan73
{quote} Not sure if i understand you correctly. If previous H1 candle is green you avoid short trades on current H1 candle?
That is not that simple.
Just some examples: (1) If it is a big green candle, say more than 10 pips, maybe 15-20, closing high that means there's still upward momentum left. If the candle before the green one is red, and the green candle is small, say less than 10 pips, that's only a retrace so you have better chances for a continuation downwards.
And so on... so on... all the time, all these considerations to be made...
  • #12,996
  • Jul 24, 2014 3:05am Jul 24, 2014 3:05am
I am EJ LONG @136.700
  • #12,997
  • Jul 24, 2014 3:11am Jul 24, 2014 3:11am
I only have a pending on EU; EJ dint seem like good odds unless EU had the momentum

also experimenting with EuroCAD
  • #12,998
  • Jul 24, 2014 3:12am Jul 24, 2014 3:12am
I am patient..

Udine
Sleep less, live fast, as it aint gonna last
  • #12,999
  • Jul 24, 2014 3:15am Jul 24, 2014 3:15am
Quoting Udine
I am patient.. Udine
why didnt you take the EJ trade at the 700 level??
  • #13,000
  • Jul 24, 2014 3:16am Jul 24, 2014 3:16am
Quoting pj9999
{quote} why didnt you take the EJ trade at the 700 level??

i saw reasons not to take the trade... and you ??

Udine
Sleep less, live fast, as it aint gonna last
51 traders viewing now