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As simple as possible: 00 level trading

  • #15,201
  • Aug 5, 2014 2:32am Aug 5, 2014 2:32am
Thanks ericschroed. I cancelled the pending orders as the pending news are in less than an hour now.
  • #15,202
  • Aug 5, 2014 2:41am Aug 5, 2014 2:41am
Quoting ericjschroed
{quote} If you're playing with real money, it's time to switch to demo to give yourself a break and relax and learn! Gu and Gj both seem to fit the rules, but watch out for upcoming news and remember Udine does not trade in August.
Hi Eric, you're right. Anyway it's always difficult to take a position. Consider to short EU at LO @ .200 even if respecting all the rules it was the less promising because of the proximity to the DO line and the very low ADR now is nearly at BE if taken.
Porta itineris dicitur longissima esse
  • #15,203
  • Aug 5, 2014 2:49am Aug 5, 2014 2:49am
EJ to TP.

Comment: Took this trade coz of EJ,EU,GJ all showing downward movement. And previous low of the day.
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  • #15,204
  • Aug 5, 2014 2:50am Aug 5, 2014 2:50am
Trade #2 EA TP.

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Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #15,205
  • Aug 5, 2014 2:51am Aug 5, 2014 2:51am
exactly 65 seconds on market with EURJPY, and daily target raeched. What I will be doing all day?
Udine for president!! choose country
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  • #15,206
  • Aug 5, 2014 2:56am Aug 5, 2014 2:56am
Trade #1 EJ TP. But it was an hard decision to place this order... flat market, close to the DO. When EU started down then EJ followed.
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Porta itineris dicitur longissima esse
  • #15,207
  • Aug 5, 2014 2:58am Aug 5, 2014 2:58am
Quoting JibalaPasan
Trade #2 EA TP. {image} Jibala
If i may ask for learning purposes, what made you take this trade since price found strong support on this level in the previous candles?

Thanks in advance.
  • #15,208
  • Aug 5, 2014 3:07am Aug 5, 2014 3:07am
Quoting tonyTD
{quote} If i may ask for learning purposes, what made you take this trade since price found strong support on this level in the previous candles? Thanks in advance.
An absolute strength meter has shown high probability of AUD against EUR. Just enough to take 5 Pip.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #15,209
  • Aug 5, 2014 3:15am Aug 5, 2014 3:15am
WD Jibala, another trader nailing it , retrace there with pending sell at prev low basically , watch for the retrace in a trend and be ready cheers Q
Whats That? you're trading What?
  • #15,210
  • Aug 5, 2014 3:20am Aug 5, 2014 3:20am
Trade #1 EJ TP
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  • #15,211
  • Aug 5, 2014 3:22am Aug 5, 2014 3:22am
I actually made 11 pips on EJ instead of 5 pips. I guess "Wuka WB trail" trailed me that far up. Anybody else made more than 5 pips?
  • #15,212
  • Aug 5, 2014 3:38am Aug 5, 2014 3:38am
Trade 1

UChf TP

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  • #15,213
  • Aug 5, 2014 3:42am Aug 5, 2014 3:42am
Trade #2 EJ TP. EJ & EU perfectly correlated today, preferring EJ as it is the 1st choice.
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Porta itineris dicitur longissima esse
  • #15,214
  • Aug 5, 2014 3:43am Aug 5, 2014 3:43am
EJ two trades this am

1: +6.4 pips
2: +5.1 pips

my first attempt with the EA
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  • #15,215
  • Aug 5, 2014 3:47am Aug 5, 2014 3:47am
nice deals Morf....... bites out of the cherry red
Whats That? you're trading What?
  • #15,216
  • Aug 5, 2014 3:50am Aug 5, 2014 3:50am
Quoting Jysticim
Order GBP/AUD to sell @1.80500 Quick one before news? Edit: Triggered
Trade #1

Sold GBP/AUD @ 1.80500. To TP +5. For the guys struggling ill post soon something to help.
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  • #15,217
  • Aug 5, 2014 3:52am Aug 5, 2014 3:52am
EJ +5.5. Looks like some red news is welcome in August...
  • #15,218
  • Aug 5, 2014 3:53am Aug 5, 2014 3:53am
Trade #2

Sold EUR/JPY @ 137.500. To TP +5, up 10 for the day.
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  • #15,219
  • Aug 5, 2014 3:54am Aug 5, 2014 3:54am
Hi, everyone!
EJ TP +5, EU TP +5.
Both EJ & EU went down in the first hour of London open, so I took short of Both.
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  • #15,220
  • Aug 5, 2014 3:58am Aug 5, 2014 3:58am
I have a request. Is there someone on the forum who knows what the broker uses Udine? I mean spreads. I'll be grateful for PM. I do not want to engage in Udine and he does a great job for us
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