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As simple as possible: 00 level trading

  • #14,541
  • Jul 30, 2014 7:34am Jul 30, 2014 7:34am
Quoting Udine
{quote} it has been P#ssing around the 1.34 level for 4 hours...and its near its 10 week low.. all the reasons not to take a trade Udine
I thought that would have been obvious by now but I guess it wasn't ....

......hmmm.......

Masterrmind..............
Master your Mind then Master your Trades
  • #14,542
  • Jul 30, 2014 7:37am Jul 30, 2014 7:37am
Quoting Masterrmind
{quote} I thought that would have been obvious by now but I guess it wasn't .... ......hmmm....... Masterrmind..............

still too many looking for reasons to take a trade instead of looking for reasons NOT to take a trade

Udine
Sleep less, live fast, as it aint gonna last
  • #14,543
  • Jul 30, 2014 7:38am Jul 30, 2014 7:38am
Trade #3

GJ +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 55 KB


Done for the day!

Masterrmind...........
Master your Mind then Master your Trades
  • #14,544
  • Jul 30, 2014 7:43am Jul 30, 2014 7:43am
Quoting Udine
{quote} still too many looking for reasons to take a trade instead of looking for reasons NOT to take a trade Udine
That appears to be the situation.

Get the probability of winning the trade on your side ....at the bare minimum or it's only going to be a gamble and we are not gamblers.....

We are......... Traders!

Masterrmind............
Master your Mind then Master your Trades
  • #14,545
  • Jul 30, 2014 7:53am Jul 30, 2014 7:53am
no trades for me... was standing on the sidelines....

Udine
Sleep less, live fast, as it aint gonna last
  • #14,546
  • Jul 30, 2014 7:53am Jul 30, 2014 7:53am
Bonus trades #1 & #2 o/t day:

GJ and NJ to TP.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 99 KB
  • #14,547
  • Jul 30, 2014 8:04am Jul 30, 2014 8:04am
GJ to TP +4.8pips
today +0.1 this week -3.2
done for the day.
I'm growing rich slowly...
Attached Image
My hope has been almost completely shattered, but not completely yet
  • #14,548
  • Jul 30, 2014 8:05am Jul 30, 2014 8:05am
Done for the day

EJ to TP

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #14,549
  • Jul 30, 2014 8:06am Jul 30, 2014 8:06am
Missed this trade on GJ
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH120140730.png Size: 66 KB
Look for reasons not to take a trade.
  • #14,550
  • Jul 30, 2014 8:09am Jul 30, 2014 8:09am
Quoting overseaz
Missed this trade on GJ {image}

so did I... there will be others

Udine
Sleep less, live fast, as it aint gonna last
  • #14,551
  • Jul 30, 2014 8:10am Jul 30, 2014 8:10am
Quoting Udine
Done for the day EJ to TP Udine {image}
Wasn't EJ supposed not to trade today?
I thought so, that's why I didn't trade EJ.
My hope has been almost completely shattered, but not completely yet
  • #14,552
  • Jul 30, 2014 8:10am Jul 30, 2014 8:10am
12. Distance to RN > 10 pips (see 3 & 4)
Looking for clarity as i may have overlooked this...

if the eur/jpy opens at the london open at the start of the hour at 136.950 would a long at 137.000 be invalid because its only 5 pips from 137.000 plus its also the first 00 level??????????
  • #14,553
  • Jul 30, 2014 8:13am Jul 30, 2014 8:13am
Quoting pj9999
12. Distance to RN > 10 pips (see 3 & 4) Looking for clarity as i may have overlooked this... if the eur/jpy opens at the london open at the start of the hour at 136.950 would a long at 137.000 be invalid because its only 5 pips from 137.000 plus its also the first 00 level??????????

you should have analyzed now tens or maybe even hundred charts by now....

what do you think ??

Udine
Sleep less, live fast, as it aint gonna last
  • #14,554
  • Jul 30, 2014 8:13am Jul 30, 2014 8:13am
EJ to TP,
+5 pips today on balance
  • #14,555
  • Jul 30, 2014 8:13am Jul 30, 2014 8:13am
Quoting Udine
{quote} so did I... there will be others Udine
Thank you Master. I will wait right here
Look for reasons not to take a trade.
  • #14,556
  • Jul 30, 2014 8:15am Jul 30, 2014 8:15am
Quoting pj9999
12. Distance to RN > 10 pips (see 3 & 4) Looking for clarity as i may have overlooked this... if the eur/jpy opens at the london open at the start of the hour at 136.950 would a long at 137.000 be invalid because its only 5 pips from 137.000 plus its also the first 00 level??????????
This type of question was asked again and again and again in this thread.
And Udine hasn't changed the expression of RULE #12.
So I think there's some intention of the creator of this thread.

I'm sure if you read through this thread, its meaning will become very clear to you because there are many examples of trades by Udine himself and his explanations IMHO.
My hope has been almost completely shattered, but not completely yet
  • #14,557
  • Jul 30, 2014 8:15am Jul 30, 2014 8:15am
Quoting Udine
{quote} you should have analyzed now tens or maybe even hundred charts by now.... what do you think ?? Udine
I think take the trade?as per previous charts?
  • #14,558
  • Jul 30, 2014 8:15am Jul 30, 2014 8:15am
cadjpy tp hit
thanks udine
  • #14,559
  • Jul 30, 2014 8:21am Jul 30, 2014 8:21am
Quoting pj9999
{quote} I think take the trade?as per previous charts?

that was your analysis ??

Udine
Sleep less, live fast, as it aint gonna last
  • #14,560
  • Jul 30, 2014 8:22am Jul 30, 2014 8:22am
Quoting fxaus
cadjpy tp hit thanks udine

didn't do a damn thing...

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