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As simple as possible: 00 level trading

  • #14,381
  • Jul 30, 2014 1:43am Jul 30, 2014 1:43am
Anyone seeing anything good for the LD open?
Asian and FF didn't give trading that much room. T_T

Edit: Maybe a GJ 173.1 buy~~~
  • #14,382
  • Jul 30, 2014 1:57am Jul 30, 2014 1:57am
Good morning Udine!
Good morning guys!
I have a question to ask: how do we handle red news with All Day mark?
All DayEURGerman Prelim CPI m/m
Thanks in advance
Alec
Look for reasons not to take a trade.
  • #14,383
  • Jul 30, 2014 2:02am Jul 30, 2014 2:02am
Quoting g4rud4
is it fine to trade EURJPY and EURUSD at LO, cos red news on EUR (German Prelim CPI) all day ?
FF calendar says: all day because the news for all the bundesländer is not coming out all at once..

Last month I made one trade only on the GJ

Udine
Sleep less, live fast, as it aint gonna last
  • #14,384
  • Jul 30, 2014 2:04am Jul 30, 2014 2:04am
Quoting Udine
{quote} FF calendar says: all day because the news for all the bundesländer is not coming out all at once.. Last month I made one trade only on the GJ Udine
so it's fine to trade ?
  • #14,385
  • Jul 30, 2014 2:06am Jul 30, 2014 2:06am
Quoting g4rud4
{quote} so it's fine to trade ?

did I trade the Euro ??

Udine
Sleep less, live fast, as it aint gonna last
  • #14,386
  • Jul 30, 2014 2:08am Jul 30, 2014 2:08am
just changed GU's SL to BE manually because of its spread and slippage

EDIT: corrected the tense (imperative to simple past)
My hope has been almost completely shattered, but not completely yet
  • #14,387
  • Jul 30, 2014 2:11am Jul 30, 2014 2:11am
for those enough quick, short GU @ .400 was a possible entry
Porta itineris dicitur longissima esse
  • #14,388
  • Jul 30, 2014 2:11am Jul 30, 2014 2:11am
Quoting Udine
{quote} FF calendar says: all day because the news for all the bundesländer is not coming out all at once.. Last month I made one trade only on the GJ Udine
Thanks. I'll wait with Euro then until its over.
Look for reasons not to take a trade.
  • #14,389
  • Jul 30, 2014 2:12am Jul 30, 2014 2:12am
Quoting Udine
{quote} did I trade the Euro ?? Udine
thanks Udine, sorry for the misunderstanding..
  • #14,390
  • Jul 30, 2014 2:13am Jul 30, 2014 2:13am
GU protective stop hit -0.1pips
today -0.1 this week -3.4
if I had TPed by 4pips, 3 TS would have become TP this week, but my present plan is to stick to 5pips.

EDIT: If I hadn't put the protective stop manually, I would have TPed this trade.
Attached Image
My hope has been almost completely shattered, but not completely yet
  • #14,391
  • Jul 30, 2014 2:14am Jul 30, 2014 2:14am
GBPUSD close manual 4.5 pips

Impatience?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd manual close.PNG Size: 79 KB
Donde hay Patron no manda Marinero
  • #14,392
  • Jul 30, 2014 2:15am Jul 30, 2014 2:15am
Quoting bubincka
for those enough quick, short GU @ .400 was a possible entry
I got in, but got TS'd then it went straight to the TP - seems to be the story of my last 3 or 4 trading days... trying to not get frustrated but getting a winner across the line feels very difficult right now
  • #14,393
  • Jul 30, 2014 2:15am Jul 30, 2014 2:15am
Quoting Udine
with regards to ADR's {image} check this: http://www.forex4noobs.com/forex-too...-daily-ranges/ there you can see the ADR's for 3 of the four pairs I look at, from 2000 until 2013... and compare the numbers we have now... then you understand you have to choose your battles wisely Udine
Good morning to All,
Udine, what about adjusting SL and TP levels to the "new" ADR values, say 6 and 3 Pips?
  • #14,394
  • Jul 30, 2014 2:16am Jul 30, 2014 2:16am
Quoting bubincka
for those enough quick, short GU @ .400 was a possible entry

did see it did not enter..

Udine
Sleep less, live fast, as it aint gonna last
  • #14,395
  • Jul 30, 2014 2:18am Jul 30, 2014 2:18am
Quoting Go5
{quote} Good morning to All, Udine, what about adjusting SL and TP levels to the "new" ADR values, say 6 and 3 Pips?

I wont...

when the volatility and ADR's go back up I will adjust the TP (up), but I wont go down..

Udine
Sleep less, live fast, as it aint gonna last
  • #14,396
  • Jul 30, 2014 2:19am Jul 30, 2014 2:19am
Quoting JibalaPasan
{quote} I will give you a statement of my mentor: _____ It was mentioned many times already, but nobody wants to take notice of it. Also Udine tells always no need for additional indis, just follow the rules. Yes, he can do that very easily, because he exactly knows about the secrets behind without additional indies. But what about all the others not having years of experiences? What you guys need to know is when the right time has come to jump in a trade. You need pa, the power of momentum and especially the currency you are going to buy / sell...
good morning...

very good quote...i have no doubt that this is mucho importante
  • #14,397
  • Jul 30, 2014 2:20am Jul 30, 2014 2:20am
Quoting Callum
{quote} I got in, but got TS'd then it went straight to the TP - seems to be the story of my last 3 or 4 trading days... trying to not get frustrated but getting a winner across the line feels very difficult right now
Couldn´t get in.
Bar opened at 1.69404, with my spread of 0.5 I didn´t manage...
  • #14,398
  • Jul 30, 2014 2:21am Jul 30, 2014 2:21am
Man what a day. I decided to sit out the LD open.
I think I'll just chill out for a while.
  • #14,399
  • Jul 30, 2014 2:27am Jul 30, 2014 2:27am
Quoting Callum
{quote} I got in, but got TS'd then it went straight to the TP - seems to be the story of my last 3 or 4 trading days... trying to not get frustrated but getting a winner across the line feels very difficult right now
HI Callum,
I had a similar problem, kept getting stopped out prematurely, so I don't use the WUKAR EA any more. I exit manually. Works much better

Mike
  • #14,400
  • Jul 30, 2014 2:32am Jul 30, 2014 2:32am
GJ to TP

only reason to take is was because the GU was already down for the day

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
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