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As simple as possible: 00 level trading

  • #13,141
  • Jul 24, 2014 8:03am Jul 24, 2014 8:03am
Hi guys,

Lurker for a while here just demoing this system. Looks good. Thanks Udine for sharing!

I have a couple of questions that I cant seem to see the answer to in the threads.

1) Which Daily Open time is everyone using? GMT or New York or ? (I know its supposed to be whatever your broker provides but it doesn't make sense since it could be the whole daily range)

2) I know this system Udine been using for around 6 months. This year has been relatively low forex volume so would things change to the system if volume picks up after the summer?

...farx
  • #13,142
  • Jul 24, 2014 8:05am Jul 24, 2014 8:05am
Quoting Lrt.Ita
100% Transparency.. ..just sayin'. Lrt {image}

doing great with the difficult market buddy

Udine
Sleep less, live fast, as it aint gonna last
  • #13,143
  • Jul 24, 2014 8:07am Jul 24, 2014 8:07am
Quoting Carpathian
I am EA LONG @1.4280
I wish you good luck with that trade but I would not have entered that trade.

Reason: PA constantly rejected at the 800 level.

I hope in your case PA smashes up through it with renewed enthusiasm to surge higher which is always a possibility.

Masterrmind.......
Master your Mind then Master your Trades
  • #13,144
  • Jul 24, 2014 8:07am Jul 24, 2014 8:07am
Quoting nitecop
GJ buy ->TP

Nitecop - Didn't u trade this against the trend? Price was below the white line.
Blindly following others will make you blind!
  • #13,145
  • Jul 24, 2014 8:09am Jul 24, 2014 8:09am
I think I'm done for the day I've been trading for 13hrs now and I've had only 1 trade Lol I'd be happy to end it with no trades as well. will compare notes tmr it's 9am here! good night
  • #13,146
  • Jul 24, 2014 8:10am Jul 24, 2014 8:10am
Quoting Georgebaker
{quote} Nitecop - Didn't u trade this against the trend? Price was below the white line.
not for my broker; bought at 173.000
  • #13,147
  • Jul 24, 2014 8:13am Jul 24, 2014 8:13am
Quoting Masterrmind
.........I would not have entered that trade. Reason: PA constantly rejected at the 800 level. ....
Yeah, it's again rather what I think instead of seeing, as I see EU strong AU weak today so I expect their production upwards. When I only look at PA of EA you are just damn right.
  • #13,148
  • Jul 24, 2014 8:14am Jul 24, 2014 8:14am
Quoting panamamike
{quote} Question. Is that program able to differentiate between strategies by magic number?
I don't know, it just shows me the general stats of the account..

Lrt
"Every battle is won before it's fought."
  • #13,149
  • Jul 24, 2014 8:15am Jul 24, 2014 8:15am
What pair can Udine's system be applied to ? mastermind would u mind answering ? thanks !
  • #13,150
  • Jul 24, 2014 8:17am Jul 24, 2014 8:17am
Quoting Carpathian
{quote} Yeah, it's again rather what I think instead of seeing, as I see EU strong AU weak today so I expect their production upwards. When I only look at PA of EA you are just damn right.
If you are looking to match strong vs weak, i would suggest a currency strength meter to help pick the correct timing. Just my .02
  • #13,151
  • Jul 24, 2014 8:18am Jul 24, 2014 8:18am
first one of the day... GJ to TP

never been so late i think..

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #13,152
  • Jul 24, 2014 8:21am Jul 24, 2014 8:21am
Quoting panamamike
{quote} Question. Is that program able to differentiate between strategies by magic number?
This should do the job Mike. I have used it to do what you´re looking for.

http://www.mql5.com/en/code/10456

flx69
  • #13,153
  • Jul 24, 2014 8:23am Jul 24, 2014 8:23am
Quoting Udine
first one of the day... GJ to TP never been so late i think.. Udine {image}


Nice one, the master at work.

Didn´t dare to take it, some more waiting to do.

flx69
  • #13,154
  • Jul 24, 2014 8:24am Jul 24, 2014 8:24am
Quoting Udine
first one of the day... GJ to TP never been so late i think.. Udine {image}
Nice! Too risky for me
I was short on .800 and then removed every pending as this hour opened near DO and price was already above it last hour.
Maybe I need to be a little more brave .

Lrt
"Every battle is won before it's fought."
  • #13,155
  • Jul 24, 2014 8:24am Jul 24, 2014 8:24am
Quoting Udine
first one of the day... GJ to TP never been so late i think.. Udine {image}
Patience of a monk!! well done.
  • #13,156
  • Jul 24, 2014 8:25am Jul 24, 2014 8:25am
Quoting Udine
first one of the day... GJ to TP never been so late i think.. Udine {image}
great!

i could not see a trend, so for me it was the reason not to take the trade
  • #13,157
  • Jul 24, 2014 8:25am Jul 24, 2014 8:25am
Quoting flx69
{quote} Nice one, the master at work. Didn´t dare to take it, some more waiting to do. flx69

all GBP pairs were down.. only GJ was lagging..., but GBPUSD had reached ADR, so was tricky..

not a 110 % ironclad trade

Udine
Sleep less, live fast, as it aint gonna last
  • #13,158
  • Jul 24, 2014 8:26am Jul 24, 2014 8:26am
Lucky one for me GJ>TP+5
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  • #13,159
  • Jul 24, 2014 8:26am Jul 24, 2014 8:26am
Quoting flx69
{quote} This should do the job Mike. I have used it to do what you´re looking for. http://www.mql5.com/en/code/10456 flx69
Thank you very much! I will test it out and if all is good I will set it up to start the first trading day of August.
  • #13,160
  • Jul 24, 2014 8:28am Jul 24, 2014 8:28am
Quoting Carpathian
{quote} Yeah, it's again rather what I think instead of seeing, as I see EU strong AU weak today so I expect their production upwards. When I only look at PA of EA you are just damn right.
Made it in the end.... EA LONG @1.4280 +5 TP.
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