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As simple as possible: 00 level trading

  • #14,761
  • Jul 31, 2014 5:43am Jul 31, 2014 5:43am
Quoting Carpathian
{quote} Hello Kurzor, te is lenni magyar?
Bizony
  • #14,762
  • Jul 31, 2014 5:47am Jul 31, 2014 5:47am
Thanks for all the answers, it's clear now.
In these times it's better to avoid trades after 2-3 hours of LO.

Bests,
Kurzor
  • #14,763
  • Jul 31, 2014 5:47am Jul 31, 2014 5:47am
Quoting kurzor
{quote} Bizony
Sok sikert!
  • #14,764
  • Jul 31, 2014 5:51am Jul 31, 2014 5:51am
Quoting Patron
.........I also hope you correct me if my reasoning misses right, exhibited at the chart.........
I like your pure PA (+wave) approach!
  • #14,765
  • Jul 31, 2014 5:52am Jul 31, 2014 5:52am
evening Udine ,Masterrrmind et al , unable to concentrate on trading atm but catching up on posts is a must. I see "steady improvement " in a couple of posters which would be most pleasing to Udine Im sure ... cheers Q
Whats That? you're trading What?
  • #14,766
  • Jul 31, 2014 5:58am Jul 31, 2014 5:58am
Quoting Qed
evening Udine ,Masterrrmind et al , unable to concentrate on trading atm but catching up on posts is a must. I see "steady improvement " in a couple of posters which would be most pleasing to Udine Im sure ... cheers Q

hi Qed,

yup, very pleasing

Udine
Sleep less, live fast, as it aint gonna last
  • #14,767
  • Jul 31, 2014 7:12am Jul 31, 2014 7:12am
Can we trade when NY and London session overlay?
  • #14,768
  • Jul 31, 2014 7:16am Jul 31, 2014 7:16am
Next trade by the rules

GJ short from .600 right after NYO.
I checked the rules, now I guess I don't violate them.
I am curious what will happen to this trade...

Bests,
kurzor
  • #14,769
  • Jul 31, 2014 7:24am Jul 31, 2014 7:24am
Quoting kurzor
Next trade by the rules GJ short from .600 right after NYO. I checked the rules, now I guess I don't violate them. I am curious what will happen to this trade... Bests, kurzor
I just close GBPJPY, losing 4 pips. However GBPUSD gained 5 pips.
He would not publish these operations because they seem very risky, but anyway ...
These trades I have made ​​little leverage.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPY arriesgada.PNG Size: 78 KB
Click to Enlarge Name: GBPUSD ARRIESGADA.PNG Size: 71 KB
Donde hay Patron no manda Marinero
  • #14,770
  • Jul 31, 2014 7:24am Jul 31, 2014 7:24am
Quoting kurzor
Next trade by the rules GJ short from .600 right after NYO. I checked the rules, now I guess I don't violate them. I am curious what will happen to this trade... Bests, kurzor
On my chart the hour opened a few pips under the .600, so first level to take SHORT should be .500.
Also, price hit and reversed on .600 a lot of times.
Wrong entry and risky trade, in my opinion.

Lrt
"Every battle is won before it's fought."
  • #14,771
  • Jul 31, 2014 7:28am Jul 31, 2014 7:28am
Quoting kurzor
......GJ short from .600 right after NYO. I checked the rules, now I guess I don't violate them. I am curious what will happen to this trade... Bests, kurzor
Upcoming red US news unemployment. Do you remember that spreads may go as wide as 6-9 pips at times of specific red US news. Though GJ is not directly affected by not having the USD component directly in it but spread widening may come up there as well, which in turn may SL out positions.
  • #14,772
  • Jul 31, 2014 7:29am Jul 31, 2014 7:29am
Quoting Lrt.Ita
{quote} On my chart the hour opened a few pips under the .600, so first level to take SHORT should be .500. Also, price hit and reversed on .600 a lot of times. Wrong entry and risky trade, in my opinion. Lrt

correct..
1H opened below the .600 so pending would be set @ .500

Udine
Sleep less, live fast, as it aint gonna last
  • #14,773
  • Jul 31, 2014 7:29am Jul 31, 2014 7:29am
Like today I have not had to cook, I was bored lol.
Donde hay Patron no manda Marinero
  • #14,774
  • Jul 31, 2014 7:30am Jul 31, 2014 7:30am
My bar for WUKAR_News doesn't turn red for EU, GU while I guess it should. And I get this error:

FFCal-WUKAR GBPUSD,H1: Alert: FFCal Error - Web page download was not complete!

It worked before, does anyone know what could be the reason ?
Porta itineris dicitur longissima esse
  • #14,775
  • Jul 31, 2014 7:36am Jul 31, 2014 7:36am
Quoting Udine
{quote} correct.. 1H opened below the .600 so pending would be set @ .500 Udine
My open was 2 pips (20 points) above .600 -- this difference is a bit annoying.
I agree on the riskiness however being the .600 a strong support quite a few times.

Bests,
kurzor
  • #14,776
  • Jul 31, 2014 7:38am Jul 31, 2014 7:38am
Hello Udine you trade on London two hours? and then to New York, too, two hours after opening? You are trading at the moment when the session London and New York intersect or not? . I write to you from Ukraine, through Google translator.
  • #14,777
  • Jul 31, 2014 7:39am Jul 31, 2014 7:39am
Quoting Carpathian
{quote} Upcoming red US news unemployment. Do you remember that spreads may go as wide as 6-9 pips at times of specific red US news. Though GJ is not directly affected by not having the USD component directly in it but spread widening may come up there as well, which in turn may SL out positions.
There you go (they're two screen captures copied together):
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 15 KB

Check out the MX:5.7 for EJ and MX:5.7 for GJ @15:29 (GMT+2). Certainly the extent of these maxes if occur at all depend on your broker as well.
  • #14,778
  • Jul 31, 2014 7:46am Jul 31, 2014 7:46am
Quoting bubincka
My bar for WUKAR_News doesn't turn red for EU, GU while I guess it should. And I get this error: FFCal-WUKAR GBPUSD,H1: Alert: FFCal Error - Web page download was not complete! It worked before, does anyone know what could be the reason ?
Anything suspicious message in Experts or Journal tab of the terminal?
  • #14,779
  • Jul 31, 2014 7:48am Jul 31, 2014 7:48am
Quoting kurzor
{quote} My open was 2 pips (20 points) above .600 -- this difference is a bit annoying. I agree on the riskiness however being the .600 a strong support quite a few times. Bests, kurzor
can happen due to broker difference

Udine
Sleep less, live fast, as it aint gonna last
  • #14,780
  • Jul 31, 2014 7:55am Jul 31, 2014 7:55am
Boys / girls, I say goodbye to you all, until after August.
This is the best thread in the world.Take care of!
Donde hay Patron no manda Marinero
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