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As simple as possible: 00 level trading

  • #13,221
  • Jul 24, 2014 10:39am Jul 24, 2014 10:39am
Just got back to my PC to find GJ to TS, 1 pip.
Grand total of the day: 11 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 86 KB
  • #13,222
  • Jul 24, 2014 10:40am Jul 24, 2014 10:40am
Quoting Patron
{quote} Bad trades. Today has been a day too lucky in my trades. I hope not pay tomorrow.
How did that paella work out Patron ?

flx69
  • #13,223
  • Jul 24, 2014 10:52am Jul 24, 2014 10:52am
Quoting flx69
{quote} How did that paella work out Patron ? flx69
Buf... Las paellas me salen a mi como a nadie!
Me he comío 2 platos hasta arrriba
Luego he dormío la siesta.
Y ahora estoy aquí, consciente de que he hecho un trading malo, pero con suerte, pero...

Tomorrow I will push harder than today!!....(Udine)
Donde hay Patron no manda Marinero
  • #13,224
  • Jul 24, 2014 10:58am Jul 24, 2014 10:58am
Quoting Patron
{quote} Buf... Las paellas me salen a mi como a nadie! Me he comío 2 platos hasta arrriba Luego he dormío la siesta. Y ahora estoy aquí, consciente de que he hecho un trading malo, pero con suerte, pero... Tomorrow I will push harder than today!!....
That´s the spirit.
Let´s see if we´re lucky during FFO with all this red news for tomorrow !
I´m out guys, will see you tomorrow at FFO.

flx69
  • #13,225
  • Jul 24, 2014 11:01am Jul 24, 2014 11:01am
Quoting flx69
{quote} That´s the spirit. Let´s see if we´re lucky during FFO with all this red news for tomorrow ! I´m out guys, will see you tomorrow at FFO. flx69
I also am going to review the work of today. Tomorrow everyone!
Donde hay Patron no manda Marinero
  • #13,226
  • Jul 24, 2014 11:02am Jul 24, 2014 11:02am
hasta manana amigos

Udine
Sleep less, live fast, as it aint gonna last
  • #13,227
  • Jul 24, 2014 11:08am Jul 24, 2014 11:08am
Quoting flx69
{quote} Nah FXEmpire. Me too, I´m transparent with the results. I post all my trades, both winners and losers. It´s just that I don´t have one of those fancy trade explorers, like you do. flx69

then your not transparent..

not to say your not trading live.. you may do.. but it's not transparent..
Passion, Persist, Patience, Protect
  • #13,228
  • Jul 24, 2014 11:18am Jul 24, 2014 11:18am
Hi Udine, awesome thread, thanks for sharing all your hard work!

I'm still very new to forex so forgive any stupid questions I may ask...

my question is, at the beginning of the hour when all the conditions meet and you initiate a pending order, do you use an EA for that? I ask this because sometimes the price is close enough to the next 00 level that it doesn't meet my broker's requirement of at least 70 pip difference between Market price and pending order price (for GJ) pair...

Thank you!
  • #13,229
  • Jul 24, 2014 11:33am Jul 24, 2014 11:33am
ok guys/girls,

I am out of here....

speak tomorrow

Udine
Sleep less, live fast, as it aint gonna last
  • #13,230
  • Jul 24, 2014 11:33am Jul 24, 2014 11:33am
Quoting Qed
PANA if u read back I dont post trades cos I trade SPI200/xauusd/xagusd/ftse/dj30.......totally irrelevant to curriencies... BUT Udines method/system has been a godsend for me .... THE MESSAGE to Empire was purely motivational...... STOP LOSING CHECK UDINE RULES so you really need to add your 2bobs worth?
it it was the second time you mentioned "check the rules" but you never said which rule you felt was being violated. Some trades just don't work out as no system is perfect, but sometimes there are reasons such as direct rule violations. When I comment on someone's trading, I explain my point. Why I did or did not take a trade and if a trade violated the rules. So yes, I did feel fine with adding my 2bobs worth.
  • #13,231
  • Jul 24, 2014 3:03pm Jul 24, 2014 3:03pm
Thank you so much Udine.
Your strategy is genuinely profitable and all traders like me can build money from that.
I have been trading for more than 6 years but never saw a profitable and simple system like yours.

Thank you for sharing your experiences here.


Please never leave us.
God bless you bro.
  • #13,232
  • Jul 24, 2014 3:04pm Jul 24, 2014 3:04pm
Hello,

I asked some questions, but owner of this thread blame me to read the thread 1st. ( but I have already read the whole the thread upto now )
But I am a newbie, that's why I asked some stupid questions.

please give me the forex factory calender indicator.

Should I only open the trade on the 1st 00 line on the both sides of the daily open line ? OR 1st 00 line of the day that full fill the all the criteria ?
  • #13,233
  • Jul 24, 2014 3:38pm Jul 24, 2014 3:38pm
Quoting oneki
Hello, I asked some questions, but owner of this thread blame me to read the thread 1st. ( but I have already read the whole the thread upto now ) But I am a newbie, that's why I asked some stupid questions. please give me the forex factory calender indicator. Should I only open the trade on the 1st 00 line on the both sides of the daily open line ? OR 1st 00 line of the day that full fill the all the criteria ?
Top of the page has a paperclip sign click on it all the indicators are there.
  • #13,234
  • Jul 24, 2014 4:36pm Jul 24, 2014 4:36pm
Quoting flash4
any smart people know if the trailing WB can be modified to close partial positions?
Yes it can. If I find time, I will look at this.
  • #13,235
  • Jul 24, 2014 4:43pm Jul 24, 2014 4:43pm
Quoting sunrisetofu
Hi Udine, awesome thread, thanks for sharing all your hard work! I'm still very new to forex so forgive any stupid questions I may ask... my question is, at the beginning of the hour when all the conditions meet and you initiate a pending order, do you use an EA for that? I ask this because sometimes the price is close enough to the next 00 level that it doesn't meet my broker's requirement of at least 70 pip difference between Market price and pending order price (for GJ) pair... Thank you!
Yes, you can use my 2.1e EA (see next post) with the Pending Line script. That way it places a Market order when triggered.
  • #13,236
  • Jul 24, 2014 4:52pm Jul 24, 2014 4:52pm
I'm reposting the EAs because I found a bug that could mess up with multiple orders open at the same time. Don't forget you can Save your settings to a .set file and then Load it after updating.

Original EA.
Attached File(s)
File Type: mq4 WUKAR_WB_Trail_v1_3_2e.mq4   12 KB | 897 downloads


Same as above with Magic Number option.
Attached File(s)
File Type: mq4 WUKAR_WB_Trail_v1_3_3e.mq4   12 KB | 693 downloads


EA to Buy at Market based on Close price, not Ask, if you think you're getting in too early. Use Pending line.
Attached File(s)
File Type: mq4 WUKAR_WB_Trail_v2e.mq4   15 KB | 537 downloads


Same as above but Buy or Sell based on Close price, (not Ask). Use Pending line. Also added an ATR trailing stop option; starts even before BE.
Attached File(s)
File Type: mq4 WUKAR_WB_Trail_v2.1e.mq4   20 KB | 599 downloads


Same as above but Buy on Ask and Sell on Bid like normal using Pending line for people who can't place pending orders that close.
Attached File(s)
File Type: mq4 WUKAR_WB_Trail_v2.1.1e.mq4   20 KB | 752 downloads


Pending line script for last 3 EAs v2. Drag anywhere near a 00 line.
Attached File(s)
File Type: mq4 Eric Pending Order Line.mq4   1 KB | 750 downloads
  • #13,237
  • Jul 24, 2014 5:24pm Jul 24, 2014 5:24pm
thanks eric
& thanks udine for a great thread & system
  • #13,238
  • Jul 24, 2014 6:28pm Jul 24, 2014 6:28pm
Morning All,

Good luck for today's trading and lets hope it's better than yesterday.

@Eric.......as always thanks again for your contribution it is very much appreciated.

ps. Last trading day of the week let's collect those little lovely green pips shall we?

Good Trading!

Masterrmind......
Master your Mind then Master your Trades
  • #13,239
  • Jul 24, 2014 6:31pm Jul 24, 2014 6:31pm
Green pips to all
  • #13,240
  • Jul 24, 2014 6:32pm Jul 24, 2014 6:32pm
today will be the last day on this system for me for a while
i have failed the system (note i did not say the system failed me)
and i need to go back, look at my notes and see what i need to improve on
i should be back in a weeks time hopefully!
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