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As simple as possible: 00 level trading

  • #13,821
  • Jul 28, 2014 4:57am Jul 28, 2014 4:57am
Quoting FXEmpire
{quote} Udine.. eu was low adr last week too.. but you took some (winning) trades on it,

I know but the EJ is now pissing against the .900 level for 3 hours....

clearly no momentumto push through it.. not going to risk my cash on that ..

Udine
Sleep less, live fast, as it aint gonna last
  • #13,822
  • Jul 28, 2014 4:58am Jul 28, 2014 4:58am
Quoting yag
{quote} haha, i look also at pivots, but i dont think udine likes that...
looking for reasons not to take a trade. Good practice when risking 2 to get 1.
  • #13,823
  • Jul 28, 2014 5:07am Jul 28, 2014 5:07am
Quoting Udine
{quote} I know but the EJ is now pissing against the .900 level for 3 hours.... clearly no momentumto push through it.. not going to risk my cash on that .. Udine

no comment..


any particular reason you did not take the gj on the new hour..
Passion, Persist, Patience, Protect
  • #13,824
  • Jul 28, 2014 5:08am Jul 28, 2014 5:08am
i ll take a sleep till NY...
  • #13,825
  • Jul 28, 2014 5:09am Jul 28, 2014 5:09am
TS on GJ 173 BRN long.
it was .7 pop away from SL. Lucky....

It is not a good one.
  • #13,826
  • Jul 28, 2014 5:22am Jul 28, 2014 5:22am
GJ > TS -1.3 pips

TS didn't kick in untill EA was refreshed.
  • #13,827
  • Jul 28, 2014 5:29am Jul 28, 2014 5:29am
Quoting FXEmpire
{quote} no comment.. any particular reason you did not take the gj on the new hour..

as I said earlier... planning vacation... the market has already gone on holiday, so why shouldn't my family and me ??

not risking my money on this crappy market, prefer spending it on my vacation...

Udine
Sleep less, live fast, as it aint gonna last
  • #13,828
  • Jul 28, 2014 5:29am Jul 28, 2014 5:29am
Thinking ahead to Wednesday (unusual for my pea-sized brain).

Individual German states report CPI separately throughout the day and FF calendar has EUR All Day Red.

Any thoughts Udine? Ignore it or go play golf?
  • #13,829
  • Jul 28, 2014 5:30am Jul 28, 2014 5:30am
where is the fun in this ??

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #13,830
  • Jul 28, 2014 5:36am Jul 28, 2014 5:36am
Quoting Udine
where is the fun in this ?? Udine {image}

Agreed......have you tried the DAX?......10D ADR 125, ATR 65.....
Trading Levels with WRBs
  • #13,831
  • Jul 28, 2014 5:37am Jul 28, 2014 5:37am
GJ is being ridiculous, first up by few pips, then down to -90 then up to +34 (0,1 to TS) then down to -80 and looks like now is reversing again, -15..
Absolute abscence of direction.

Lrt
"Every battle is won before it's fought."
  • #13,832
  • Jul 28, 2014 5:38am Jul 28, 2014 5:38am
Quoting Islander
{quote} Agreed......have you tried the DAX?......10D ADR 125, ATR 65.....

never tried it, but a friend of mine is doing nicely trading DAX..

in the end might have to take a look and start testing it in September..

Udine
Sleep less, live fast, as it aint gonna last
  • #13,833
  • Jul 28, 2014 5:48am Jul 28, 2014 5:48am
From last week, I was thinking that it would be better to trade on no-news day, but it seems that only news in the market gives push to the currencies..really finding hard to trade in this choppy situation..None of the four going in any direction..
  • #13,834
  • Jul 28, 2014 5:51am Jul 28, 2014 5:51am
Quoting Udine
{quote} as I said earlier... planning vacation... the market has already gone on holiday, so why shouldn't my family and me ?? not risking my money on this crappy market, prefer spending it on my vacation... Udine
Hi Udine, Just interested to know if you looked into the historical data for trading in august? or if you going on holidays is just a regular thing and there is a general feeling that the market gets "thin"... Just been looking back at last year and august to me looks a lot better than the last 2 weeks that we have been dealing with!
  • #13,835
  • Jul 28, 2014 5:58am Jul 28, 2014 5:58am
Quoting Lrt.Ita
GJ is being ridiculous, first up by few pips, then down to -90 then up to +34 (0,1 to TS) then down to -80 and looks like now is reversing again, -15.. Absolute abscence of direction. Lrt
LVL 173.00 is under attack...
  • #13,836
  • Jul 28, 2014 6:00am Jul 28, 2014 6:00am
Trade #1

AU +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 51 KB


Comment: Tough going !

Masterrmind...........
Master your Mind then Master your Trades
  • #13,837
  • Jul 28, 2014 6:04am Jul 28, 2014 6:04am
Quoting Udine
{quote} as I said earlier... planning vacation... the market has already gone on holiday, so why shouldn't my family and me ?? not risking my money on this crappy market, prefer spending it on my vacation... Udine

then go what you doing here
Passion, Persist, Patience, Protect
  • #13,838
  • Jul 28, 2014 6:04am Jul 28, 2014 6:04am
Quoting Callum
{quote} Hi Udine, Just interested to know if you looked into the historical data for trading in august? or if you going on holidays is just a regular thing and there is a general feeling that the market gets "thin"... Just been looking back at last year and august to me looks a lot better than the last 2 weeks that we have been dealing with!

I already mentioned in 2011, that I feel that August is only good for holidays... and I will stick to that

besides it keeps the wife and son happy as well...

so if you can make a fortune in August, please feel free... the markets will be there in September so I will continue there

Udine
Sleep less, live fast, as it aint gonna last
  • #13,839
  • Jul 28, 2014 6:05am Jul 28, 2014 6:05am
Quoting FXEmpire
{quote} then go what you doing here

August... so need still some patience..

then wife is free also..

Udine
Sleep less, live fast, as it aint gonna last
  • #13,840
  • Jul 28, 2014 6:23am Jul 28, 2014 6:23am
Quoting Udine
{quote} never tried it, but a friend of mine is doing nicely trading DAX.. in the end might have to take a look and start testing it in September.. Udine
I'm trading the DAX for 6 years...
It's totally different of Forex, Dax is very good to scalp using Pivot points and Psychologic levels...
Trade Safe !
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