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As simple as possible: 00 level trading

  • #15,361
  • Aug 6, 2014 3:41am Aug 6, 2014 3:41am
Quoting Emmpoli
{quote} Are you using a currency strength meter to determine the strength?
Yes, it's a proprietary development, no mt4 indicator. I took all GBP trades, means lots of burpees!

Attached Image


Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #15,362
  • Aug 6, 2014 3:45am Aug 6, 2014 3:45am
I think the market hates me.

I've been holding GU short 1.68600 since FO, closed it manually a couple of minutes before the news at BE, and seconds later skyrockets in my direction.
  • #15,363
  • Aug 6, 2014 3:45am Aug 6, 2014 3:45am
Quoting whitetrading
{quote} Look at chart. His trade was from LO open. And another before FF.
Hi,

His 1st image :GJ was at 9:00am at London open but it is still half an hour before red news, which came out at 9:30am.... I dont understand I thought the rule was not to trade an hour before the red news.
Thanks
BB
  • #15,364
  • Aug 6, 2014 3:48am Aug 6, 2014 3:48am
EJ +5
Attached Image (click to enlarge)
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  • #15,365
  • Aug 6, 2014 3:48am Aug 6, 2014 3:48am
Quoting JibalaPasan
{quote} Yes, it's a proprietary development, no mt4 indicator. I took all GBP trades, means lots of burpees! {image} Jibala
cant pm you and i dont know why, but please give me the link as to where to find the strength meter and is it an important arsenal in your trdaing?
  • #15,366
  • Aug 6, 2014 3:49am Aug 6, 2014 3:49am
Quoting bugyibuci
{quote} Hi, Wasn't this against the rule of not trading an hour before a red news (Manufacturing Production m/m @9:30am)? Sorry, I am just trying to understand the rules correctly . Thanks BB
Yes...... I have edited my post.

Red News is right so should have been no trading.

Masterrmind..........
Master your Mind then Master your Trades
  • #15,367
  • Aug 6, 2014 3:49am Aug 6, 2014 3:49am
Quoting bugyibuci
{quote} Hi, His 1st image :GJ was at 9:00am at London open but it is still half an hour before red news, which came out at 9:30am.... I dont understand I thought the rule was not to trade an hour before the red news. Thanks BB

LO open was 1:30 hours before the G news. you need to adjust your clock~~~
  • #15,368
  • Aug 6, 2014 3:50am Aug 6, 2014 3:50am
Quoting Masterrmind
{quote} Yes...... I have edited my post. Red News is right so should have been no trading. Masterrmind..........
Thanks Mastermind
  • #15,369
  • Aug 6, 2014 3:58am Aug 6, 2014 3:58am
I can see many did not follow the rules.

7. No trading 1 hour before RED NEWS on the pair
  • #15,370
  • Aug 6, 2014 3:58am Aug 6, 2014 3:58am
nice work MM ,, people have to realise as you gain confidence and experiernce and discipline "extras" can be taken as long as they in the basic model IMO cheers Q
Whats That? you're trading What?
  • #15,371
  • Aug 6, 2014 4:02am Aug 6, 2014 4:02am
Finally. TP #1
EU +5
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  • #15,372
  • Aug 6, 2014 4:03am Aug 6, 2014 4:03am
Trade #2 - EJ TP. Done for the day.
Attached Image (click to enlarge)
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Porta itineris dicitur longissima esse
  • #15,373
  • Aug 6, 2014 4:04am Aug 6, 2014 4:04am
EJ TS(1.1pips) (*_*)
Attached Image
  • #15,374
  • Aug 6, 2014 4:06am Aug 6, 2014 4:06am
I think i will put the orders manually from now on, the shortcuts work only when they want, sometimes immediately sometimes after 5 seconds from the command. I have just lost a nice trade opportunity on ej (sell .900) as i spent the last 20 sec of the hour pressing Alt+S (sell) and waiting for the pending to appear, and it didn't. Price then reached what would have been the TP super fast.

Do any any of you have problems with the shortcuts for the pendings?

Lrt
"Every battle is won before it's fought."
  • #15,375
  • Aug 6, 2014 4:08am Aug 6, 2014 4:08am
Quoting Lrt.Ita
I think i will put the orders manually from now on, the shortcuts work only when they want, sometimes immediately sometimes after 5 seconds from the command. I have just lost a nice trade opportunity on ej as i spent the last 20 sec of the hour pressing Alt+S (sell) and waiting for the pending to appear, and it didn't. Price then reached what would have been the TP super fast. Do any any of you have problems with the shortcuts for the pendings? Lrt
Yep, happen to me a lot. Very frustrating.
The problem is not giving offence but taking offence!
  • #15,376
  • Aug 6, 2014 4:09am Aug 6, 2014 4:09am
Bonus Trades

#1

EJ +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB


#2

NJ +5 TP

Attached Image (click to enlarge)
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#3

EU +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 49 KB


Comment: 3 trades with the last trade slightly more risk but worth taking in my mind!

Masterrmind...........
Master your Mind then Master your Trades
  • #15,377
  • Aug 6, 2014 4:16am Aug 6, 2014 4:16am
Quoting Lrt.Ita
I think i will put the orders manually from now on, the shortcuts work only when they want, sometimes immediately sometimes after 5 seconds from the command. I have just lost a nice trade opportunity on ej (sell .900) as i spent the last 20 sec of the hour pressing Alt+S (sell) and waiting for the pending to appear, and it didn't. Price then reached what would have been the TP super fast. Do any any of you have problems with the shortcuts for the pendings? Lrt
Seems to be faster when dragging the script directly.
  • #15,378
  • Aug 6, 2014 4:17am Aug 6, 2014 4:17am
Quoting Masterrmind
Bonus Trades #1 EJ +5 TP {image} #2 NJ +5 TP {image} #3 EU +5 TP {image} Comment: 3 trades with the last trade slightly more risk but worth taking in my mind! Masterrmind...........
for learning purpose, why didnt you trade the frankfurt open candle on EJ
  • #15,379
  • Aug 6, 2014 4:18am Aug 6, 2014 4:18am
Trade #1

Sold USD/JPY @102.500. TP +5. The reason for it because there was a little downtrend going on and it broke the last low.
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  • #15,380
  • Aug 6, 2014 4:19am Aug 6, 2014 4:19am
Quoting Go5
{quote} Seems to be faster when dragging the script directly.
Ok thanks, I'll try that way.

Lrt
"Every battle is won before it's fought."
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