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As simple as possible: 00 level trading

  • #13,121
  • Jul 24, 2014 7:33am Jul 24, 2014 7:33am
Trade #2

AU +5 TP

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Comment: close to red news but by the rules!

Masterrmind............
Master your Mind then Master your Trades
  • #13,122
  • Jul 24, 2014 7:36am Jul 24, 2014 7:36am
Broke the RgH rules but seemed liked a probable trade to me
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  • #13,123
  • Jul 24, 2014 7:38am Jul 24, 2014 7:38am
Quoting Masterrmind
Trade #2 AU +5 TP {image} Comment: close to red news but by the rules! Masterrmind............

that was kinda risky no? as in no clear direction? any reason why you decided to choose that trade?
  • #13,124
  • Jul 24, 2014 7:40am Jul 24, 2014 7:40am
GJ buy ->TP
  • #13,125
  • Jul 24, 2014 7:45am Jul 24, 2014 7:45am
Quoting FXEmpire
I just want you all to know.. that the only person in here that is transparent with the results is me, period.
Nah FXEmpire.

Me too, Iīm transparent with the results. I post all my trades, both winners and losers.
Itīs just that I donīt have one of those fancy trade explorers, like you do.

flx69
  • #13,126
  • Jul 24, 2014 7:46am Jul 24, 2014 7:46am
Quoting nitecop
GJ buy ->TP
good!

i didnt take it because of the overhead resistance above 173.000 the last 2 days.

did you take also the signal 1 hour before?
  • #13,127
  • Jul 24, 2014 7:47am Jul 24, 2014 7:47am
Quoting nitecop
GJ buy ->TP
...Risky.
  • #13,128
  • Jul 24, 2014 7:49am Jul 24, 2014 7:49am
Quoting nitecop
GJ buy ->TP
Nice one Nitecop.

Iīll wait for the true nature of the beast and attack at the 173.100 level.

flx69
  • #13,129
  • Jul 24, 2014 7:50am Jul 24, 2014 7:50am
Quoting nitecop
GJ buy ->TP
Nice. I did not place any JPY pending. Sat out with red US numbers...JPY often moves in synch across pairs, especially if USDJPY is the driver.
  • #13,130
  • Jul 24, 2014 7:51am Jul 24, 2014 7:51am
Quoting yag
{quote} good! i didnt take it because of the overhead resistance above 173.000 the last 2 days. did you take also the signal 1 hour before?

i did not take any others before; it's my first trade of the day, i was kinda hesitant at first but then i realized it's also a strong momentum upwards.

my trade went only this hour, it wasn't valid to me an hour earlier
  • #13,131
  • Jul 24, 2014 7:53am Jul 24, 2014 7:53am
Quoting owner2005
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.

no

Udine
Sleep less, live fast, as it aint gonna last
  • #13,132
  • Jul 24, 2014 7:55am Jul 24, 2014 7:55am
Quoting nitecop
{quote} that was kinda risky no? as in no clear direction? any reason why you decided to choose that trade?
Chart setup looked good to me.

Anticipated positive USD data.

SL @ 500 level was above recent highs = reduced risk

Met my criteria for taking the trade

Result.......as posted!

Masterrmind.............
Master your Mind then Master your Trades
  • #13,133
  • Jul 24, 2014 7:57am Jul 24, 2014 7:57am
100% Transparency..
..just sayin'.

Lrt
Attached Image
"Every battle is won before it's fought."
  • #13,134
  • Jul 24, 2014 7:59am Jul 24, 2014 7:59am
Quoting Lrt.Ita
100% Transparency.. ..just sayin'. Lrt {image}
Good for you Lrt.....

Masterrmind.........
Master your Mind then Master your Trades
  • #13,135
  • Jul 24, 2014 7:59am Jul 24, 2014 7:59am
Quoting Masterrmind
{quote} Chart setup looked good to me. Anticipated positive USD data. SL @ 500 level was above recent highs = reduced risk Met my criteria for taking the trade Result.......as posted! Masterrmind.............

thank you for your reasoning!
  • #13,136
  • Jul 24, 2014 8:00am Jul 24, 2014 8:00am
Quoting Udine
{quote} no Udine
Thanks, Udine.

..Conservative traders is fishing today. )
  • #13,137
  • Jul 24, 2014 8:00am Jul 24, 2014 8:00am
Udine - What broker are you using?
Blindly following others will make you blind!
  • #13,138
  • Jul 24, 2014 8:01am Jul 24, 2014 8:01am
Quoting Lrt.Ita
100% Transparency.. ..just sayin'. Lrt {image}

Question.

Is that program able to differentiate between strategies by magic number?
  • #13,139
  • Jul 24, 2014 8:01am Jul 24, 2014 8:01am
Quoting nitecop
{quote} thank you for your reasoning!
No problem.

Masterrmind...........
Master your Mind then Master your Trades
  • #13,140
  • Jul 24, 2014 8:02am Jul 24, 2014 8:02am
I am EA LONG @1.4280
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