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As simple as possible: 00 level trading

  • #15,141
  • Aug 4, 2014 10:33am Aug 4, 2014 10:33am
Quoting plus50
Hello Udine, Thanks for sharing your thoughts! I have a very simple question, which no one else has asked therefore I assume I am being a little dense for not understanding. The 00 line, is that the point where 1hr and 15min candles are the same color in the direction of the trend after London open? Thanks you for your time, planning on installing your system and practicing on a demo account.

price is always the same on any timeframe

at the start of a new hour the 1M/5M/15M/30M/1H are all the same...

at the start of a new day the 1M/5M/15M/30M/1H/1D are all the same..

the 1H and 1D is to establish trend

as you only want to trade with the trend..

Udine
Sleep less, live fast, as it aint gonna last
  • #15,142
  • Aug 4, 2014 11:04am Aug 4, 2014 11:04am
Well, closing here today, no trades.

Lrt
"Every battle is won before it's fought."
  • #15,143
  • Aug 4, 2014 11:09am Aug 4, 2014 11:09am
GBP CHF to TP

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-08-04 11_08_04-GBPCHF,H1.png Size: 46 KB
  • #15,144
  • Aug 4, 2014 11:13am Aug 4, 2014 11:13am
Quoting Axiom
{quote} Hi panamamike I sent you a pm. Axiom
replied
  • #15,145
  • Aug 4, 2014 11:15am Aug 4, 2014 11:15am
GCHF sorry....forgot to drop trade on chart

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-08-04 11_13_54-GBPCHF,H1.png Size: 47 KB
  • #15,146
  • Aug 4, 2014 11:32am Aug 4, 2014 11:32am
Quoting cigarguy
{quote} Mine is build 670 Cigarguy
Mine is also 670 and seems to be okay, but I don't switch TFs too often either.
  • #15,147
  • Aug 4, 2014 11:37am Aug 4, 2014 11:37am
ok out of here...

need a 2nd beer..

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #15,148
  • Aug 4, 2014 11:57am Aug 4, 2014 11:57am
Quoting plus50
Hello Udine, Thanks for sharing your thoughts! I have a very simple question, which no one else has asked therefore I assume I am being a little dense for not understanding. The 00 line, is that the point where 1hr and 15min candles are the same color in the direction of the trend after London open? Thanks you for your time, planning on installing your system and practicing on a demo account.
The 00 lines are the entry points, where you put your pending order. eg. 173.300, 173.400, 173.500...
  • #15,149
  • Aug 4, 2014 12:27pm Aug 4, 2014 12:27pm
gu
only one today +5
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5 gan1.png Size: 65 KB
  • #15,150
  • Aug 4, 2014 12:59pm Aug 4, 2014 12:59pm
Quoting JDunkelheit
{quote} The 00 lines are the entry points, where you put your pending order. eg. 173.300, 173.400, 173.500...
Thank you
non si dimentichi mai
  • #15,151
  • Aug 4, 2014 1:00pm Aug 4, 2014 1:00pm
2 trades today:
EJ SL= -10 Wrong price reading. Momentum was south from 4H Supply. Missed trade(blue arrow)
GU TP +5
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYH120140804.png Size: 71 KB
Click to Enlarge Name: GBPUSDH120140804.png Size: 69 KB
Look for reasons not to take a trade.
  • #15,152
  • Aug 4, 2014 1:13pm Aug 4, 2014 1:13pm
GU to TP

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-08-04 13_12_37-GBPUSD,H1.png Size: 45 KB
  • #15,153
  • Aug 4, 2014 1:14pm Aug 4, 2014 1:14pm
Quoting cigarguy
{quote} Mine is build 670 Cigarguy
I have the same build 670 and red lines are disappearing with changing TF. I made BRN red, so I know if price close to it. If I reload the template on new TF red lines are back. Don't know how to fix the script. Not a big deal, but if somebody knows how to correct it will be nice.
Alec
Look for reasons not to take a trade.
  • #15,154
  • Aug 4, 2014 1:50pm Aug 4, 2014 1:50pm
Au, H1 was green when entered then PA reversed and went red. Closed manually for small gain with 5 lots, got other things to do.

Done for the day....Green pips to all!

Cigarguy
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDiM15.png Size: 95 KB
Keep It Simple
  • #15,155
  • Aug 4, 2014 4:15pm Aug 4, 2014 4:15pm
Does anyone know what the ATR setting of the indicator Udine uses to show it - in the little table where he has ADR and ATR side by side?

Just been doing some reading on exactly what ATR is, and would like to know if that indi is showing it based on the timeframe of the chart, or is it adjusted to use the daily TF...
  • #15,156
  • Aug 4, 2014 4:33pm Aug 4, 2014 4:33pm
Quoting cigarguy
{quote} Mine is build 670 Cigarguy
Larry,
Mine is build 670 also and i havent noticed any issues with the sweet spot indicator. I switch time frames constantly when im analyzing and have never noticed any problem.
Bill
  • #15,157
  • Edited 5:25pm Aug 4, 2014 5:06pm | Edited 5:25pm
Quoting billko1977
{quote} Larry, Mine is build 670 also and i havent noticed any issues with the sweet spot indicator. I switch time frames constantly when im analyzing and have never noticed any problem. Bill
billko1977,

Not the sweet spot indicator, the Udinfx RN clear levels indicator, must be refreshed when changing pairs or t/f's on the chart to which it is attached.

Cigarguy
Keep It Simple
  • #15,158
  • Aug 4, 2014 6:06pm Aug 4, 2014 6:06pm
Quoting cigarguy
{quote} billko1977, Not the sweet spot indicator, the Udinfx RN clear levels indicator, must be refreshed when changing pairs or t/f's on the chart to which it is attached. Cigarguy
Sorry Larry... Apparantly i got confused. what else is new!
I dont use the RN clear levels indicator so im of no help.
  • #15,159
  • Aug 4, 2014 6:14pm Aug 4, 2014 6:14pm
Trade #4 GU TP.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.08.05_06h48m14s_008_.png Size: 68 KB


It was late last night, but finally got the Pips.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #15,160
  • Aug 4, 2014 6:38pm Aug 4, 2014 6:38pm
Quoting JibalaPasan
Trade #4 GU TP. {image} It was late last night, but finally got the Pips. Jibala
Quoting Juan007
gu only one today +5 {image}
Quoting overseaz
2 trades today: EJ SL= -10 Wrong price reading. Momentum was south from 4H Supply. Missed trade(blue arrow) GU TP +5 {image} {image}
I was taking the same trade as all of you, GU long at 1.68400
But none of you were taking TS except I did.
I thought TS is one of the RULE.

Guess this is the room for me to improve.
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