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As simple as possible: 00 level trading

  • #13,101
  • Jul 24, 2014 4:43am Jul 24, 2014 4:43am
Quoting FXEmpire
{quote} what is m8?
Mate...
  • #13,102
  • Jul 24, 2014 4:43am Jul 24, 2014 4:43am
Quoting FXEmpire
{quote} what is m8?
An amazing german work of art.. http://3.bp.blogspot.com/-7WMpguihzl...-BMW-M8-14.jpg


Lrt
"Every battle is won before it's fought."
  • #13,103
  • Jul 24, 2014 4:45am Jul 24, 2014 4:45am
ok I start now with this one, lol
Attached Image
Passion, Persist, Patience, Protect
  • #13,104
  • Jul 24, 2014 4:45am Jul 24, 2014 4:45am
Quoting FXEmpire
{quote} what is m8?
Highway M-8 "holmogor" Moscow - Yaroslavl - Vologda - Arkhangel'sk
  • #13,105
  • Jul 24, 2014 4:46am Jul 24, 2014 4:46am
Quoting panamamike
{quote} Mate...
thanks.. i thought he was talking about some kind of a weapon of something..
Passion, Persist, Patience, Protect
  • #13,106
  • Jul 24, 2014 4:46am Jul 24, 2014 4:46am
Quoting FXEmpire
ok I start now with this one, lol {image}
hmmmm.....glad u made pips...BUT, RMup is red and don't long 90 levels.
  • #13,107
  • Jul 24, 2014 4:47am Jul 24, 2014 4:47am
Quoting Lrt.Ita
{quote} An amazing german work of art.. http://3.bp.blogspot.com/-7WMpguihzl...-BMW-M8-14.jpg Lrt
That is a beautiful thing........
  • #13,108
  • Jul 24, 2014 4:49am Jul 24, 2014 4:49am
I just want you all to know.. that the only person in here that is transparent with the results is me, period.
Passion, Persist, Patience, Protect
  • #13,109
  • Jul 24, 2014 4:50am Jul 24, 2014 4:50am
Quoting sj9bp20
{quote} That is a beautiful thing........
That's a prototype, maybe will be out in 2016..
Lrt
"Every battle is won before it's fought."
  • #13,110
  • Jul 24, 2014 4:52am Jul 24, 2014 4:52am
Hi,
Re the White Line. Only a newbie on this site, but I noticed that different brokers put their new day start lines on different candles, which means that there could be as much as 10 pips difference between daily opens across various brokers, if their opens are three or more candles apart depending on time zone, and could mean the difference between a good trade and a failed one, especially in the Asian session.

Any comments on this, or has it been discounted?

Personally, I consider the start of the new day, irrespective of which broker I use, as being the first H1 candle after US close.

There; I've said it...now for my flak jacket


Mike
  • #13,111
  • Jul 24, 2014 4:56am Jul 24, 2014 4:56am
Quoting blott
Hi, Re the White Line. Only a newbie on this site, but I noticed that different brokers put their new day start lines on different candles, which means that there could be as much as 10 pips difference between daily opens across various brokers, if their opens are three or more candles apart depending on time zone, and could mean the difference between a good trade and a failed one, especially in the Asian session. Any comments on this, or has it been discounted? Personally, I consider the start of the new day, irrespective of which broker I use,...
Udine stated just to use whatever your broker has for the open. Some adjust the indis to be first bar after US close, others for Tokyo open. Dealer's choice....it's your game. if u want, put two different on your computer and track the results.
  • #13,112
  • Jul 24, 2014 5:02am Jul 24, 2014 5:02am
GJ in no mans land at the moment
  • #13,113
  • Jul 24, 2014 5:03am Jul 24, 2014 5:03am
Quoting panamamike
{quote} hmmmm.....glad u made pips...BUT, RMup is red and don't long 90 levels.

my discretion validates that trade just like everyone else uses theirs..

but i only showed the was a discussion about otherwise i don't show whats not according to whats laid out here..
Passion, Persist, Patience, Protect
  • #13,114
  • Jul 24, 2014 5:04am Jul 24, 2014 5:04am
I think we can't set any pendings today, my filters show no opportunities to trade.
(I mean 4 pairs - GU, GJ, EU, EJ).
...To trade long at least..
  • #13,115
  • Jul 24, 2014 5:07am Jul 24, 2014 5:07am
Quoting FXEmpire
{quote} my discretion validates that trade just like everyone else uses theirs.. but i only showed the was a discussion about otherwise i don't show whats not according to whats laid out here..
fair enough. To each their own. I would think discretion would be for pulling the trigger on setups that meet the rules for valid trades.
  • #13,116
  • Jul 24, 2014 5:10am Jul 24, 2014 5:10am
Personally, I use discretion to eliminate trades that meet criteria, but fail due to PA, etc. I don't use it to validate trades that do not meet the initial criteria. But that's just me. I wish you green pips.
  • #13,117
  • Jul 24, 2014 5:18am Jul 24, 2014 5:18am
Quoting panamamike
Personally, I use discretion to eliminate trades that meet criteria, but fail due to PA, etc. I don't use it to validate trades that do not meet the initial criteria. But that's just me. I wish you green pips.
sounds good to me...

also with udine`s saying " find a reason NOT to take a trade"

selection is all in this game!
  • #13,118
  • Jul 24, 2014 5:23am Jul 24, 2014 5:23am
Quoting yag
{quote} sounds good to me... also with udine`s saying " find a reason NOT to take a trade" selection is all in this game!
Discretion is in the hands of the trader (it's individual by nature and not related to other traders opinions in any way whatsoever).

Keep it simple........Look for a reason NOT to take the trade as outlined by Udine.



Masterrmind........
Master your Mind then Master your Trades
  • #13,119
  • Jul 24, 2014 5:28am Jul 24, 2014 5:28am
Quoting FXEmpire
ok I start now with this one, lol {image}
That was the easy one. Try to wait when all ducks are in line lol.
I want to ask you smth: did you change the RR to a positive territory?
Look for reasons not to take a trade.
  • #13,120
  • Jul 24, 2014 5:33am Jul 24, 2014 5:33am
Anyone can tell confidently - if first level is --10 for short, or --90 for long, can we get next level?
I know that we must trade only first levels...
But, it is better to ask one more question, than to get one more SL.
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