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As simple as possible: 00 level trading

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  • Post #15,641
  • Quote
  • Aug 8, 2014 7:43am Aug 8, 2014 7:43am
  •  Lrt.Ita
  • | Joined Jun 2014 | Status: Member | 296 Posts
NZDUSD to TS because of a little spread..
Baaad day.
I put a lot of pendings (7) but only two got triggered, 1 SL and 1 TS.
3 of the 5 i removed for various reasons (RmUp/Dn RED, previous supports/resistances etc) would have ended to TP.
The other 2 wouldnt have been triggered during their hours.
For example the last one was EJ long @.500.. I removed it as i saw it was above RgH but it could be really profitable.

Lrt
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"Every battle is won before it's fought."
 
 
  • Post #15,642
  • Quote
  • Aug 8, 2014 7:47am Aug 8, 2014 7:47am
  •  cigarguy
  • Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Quoting Masterrmind
Disliked
{quote} Interesting idea however this has been knocked on the head previously by Udine. There have been a couple of times when I have posted my orders in advance documented in this thread which was to prove a point I guess. I think many traders have posted pending orders at times but usually seeking confirmation from others. The main idea of this thread is to learn the method and trade it so that you own it and don't have to rely on handouts from anyone else. It could be argued that some traders may choose not to learn the method if pending orders...
Ignored
MM,

Thanks for the comment and I completely understand. Just thought it might be helpful, especially for new traders who many times post questions related to closed trades requesting the entry reasoning which require additional comments.

Cigarguy
Keep It Simple
 
 
  • Post #15,643
  • Quote
  • Aug 8, 2014 7:50am Aug 8, 2014 7:50am
  •  Adeleke
  • | Joined May 2011 | Status: Member | 121 Posts
wow, it would seem everybody is here now. still reading but its looks great already.
 
 
  • Post #15,644
  • Quote
  • Aug 8, 2014 7:50am Aug 8, 2014 7:50am
  •  Masterrmind
  • Joined Jun 2013 | Status: Master chaos and you master trading | 11,257 Posts
Trade #8

[Bonus Trade #2]

GBPAUD +5 TP

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Masterrmind.......
Master your Mind then Master your Trades
 
 
  • Post #15,645
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  • Aug 8, 2014 8:14am Aug 8, 2014 8:14am
  •  Lrt.Ita
  • | Joined Jun 2014 | Status: Member | 296 Posts
LOL.

NZDUSD closed by TS again.
That resistance in the middle of nowhere seems to be pretty strong!

Lrt
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"Every battle is won before it's fought."
 
 
  • Post #15,646
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  • Aug 8, 2014 8:49am Aug 8, 2014 8:49am
  •  JibalaPasan
  • Joined Jun 2014 | Status: Member | 2,498 Posts
Quoting cigarguy
Disliked
{quote} MM, Thanks for the comment and I completely understand. Just thought it might be helpful, especially for new traders who many times post questions related to closed trades requesting the entry reasoning which require additional comments. Cigarguy
Ignored
Just the opposite will happen! They will become lazy and will rely on previous posted orders only!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
 
 
  • Post #15,647
  • Quote
  • Aug 8, 2014 8:55am Aug 8, 2014 8:55am
  •  cigarguy
  • Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Quoting JibalaPasan
Disliked
{quote} Just the opposite will happen! They will become lazy and will rely on previous posted orders only! Jibala
Ignored
Maybe so, just a thought!

Cigarguy
Keep It Simple
 
 
  • Post #15,648
  • Quote
  • Aug 8, 2014 9:04am Aug 8, 2014 9:04am
  •  Masterrmind
  • Joined Jun 2013 | Status: Master chaos and you master trading | 11,257 Posts
Good luck to all remaining traders!

Time for rest!

Masterrmind..........
Master your Mind then Master your Trades
 
 
  • Post #15,649
  • Quote
  • Aug 8, 2014 9:06am Aug 8, 2014 9:06am
  •  cigarguy
  • Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Quoting Masterrmind
Disliked
Good luck to all remaining traders! Time for rest! Masterrmind..........
Ignored
Have a good weekend

Cigarguy
Keep It Simple
 
 
  • Post #15,650
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  • Aug 8, 2014 10:52am Aug 8, 2014 10:52am
  •  cigarguy
  • Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Quoting cigarguy
Disliked
AU, is moving up nicely from RWL, H4 low and half number .92500 so set a pending buy @ .92800 and watching carefully Cigarguy
Ignored
AU, took lots of patience on this one and managed manually, but finally got my move up for small profit with 5 lots

Cigarguy
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Keep It Simple
 
 
  • Post #15,651
  • Quote
  • Aug 8, 2014 11:01am Aug 8, 2014 11:01am
  •  JibalaPasan
  • Joined Jun 2014 | Status: Member | 2,498 Posts
Quoting cigarguy
Disliked
{quote} AU, took lots of patience on this one and managed manually, but finally got my move up for small profit with 5 lots Cigarguy {image}
Ignored
To much risk for small profits!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
 
 
  • Post #15,652
  • Quote
  • Aug 8, 2014 11:13am Aug 8, 2014 11:13am
  •  JibalaPasan
  • Joined Jun 2014 | Status: Member | 2,498 Posts
Trade #6 GJ TP.

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The Yen is my fren. Last trade for today / this week. Yet another very profitable week has ended.

Wish you guys a nice weekend.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
 
 
  • Post #15,653
  • Quote
  • Aug 8, 2014 11:41am Aug 8, 2014 11:41am
  •  JibalaPasan
  • Joined Jun 2014 | Status: Member | 2,498 Posts
Trade #7 GU TP.

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When I was still writing the previous post I saw this nice opportunity.

Ok, stop na! Shut down & gud night.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
 
 
  • Post #15,654
  • Quote
  • Aug 8, 2014 11:41am Aug 8, 2014 11:41am
  •  cigarguy
  • Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Quoting JibalaPasan
Disliked
{quote} To much risk for small profits! Jibala
Ignored
IMO, AU will go to to RDH and after some ranging to BRN .93000 next week. If not for a Friday, I would have kept this position open.

Cigarguy
Keep It Simple
 
 
  • Post #15,655
  • Quote
  • Aug 8, 2014 11:54am Aug 8, 2014 11:54am
  •  JibalaPasan
  • Joined Jun 2014 | Status: Member | 2,498 Posts
Quoting cigarguy
Disliked
{quote} IMO, AU will go to to RDH and after some ranging to BRN .93000 next week. If not for a Friday, I would have kept this position open. Cigarguy
Ignored
AU is still in intact down trend. Its very risky to buy long term. Some small pips are always possible. Anyway gud luck!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
 
 
  • Post #15,656
  • Quote
  • Aug 8, 2014 11:57am Aug 8, 2014 11:57am
  •  cigarguy
  • Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Quoting JibalaPasan
Disliked
{quote} AU is still in intact down trend. Its very risky to buy long term. Some small pips are always possible. Anyway gud luck! Jibala
Ignored
Thanks, yes small pips with big lots IMO much safer and easier to achieve then going for mega pips. Been their and done that!!

Cigarguy
Keep It Simple
 
 
  • Post #15,657
  • Quote
  • Aug 8, 2014 12:12pm Aug 8, 2014 12:12pm
  •  JibalaPasan
  • Joined Jun 2014 | Status: Member | 2,498 Posts
Quoting Lrt.Ita
Disliked
LOL. NZDUSD closed by TS again. That resistance in the middle of nowhere seems to be pretty strong! Lrt {image}
Ignored
Just go back in your chart for two days then you will see why!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
 
 
  • Post #15,658
  • Quote
  • Aug 8, 2014 12:15pm Aug 8, 2014 12:15pm
  •  cigarguy
  • Joined Jan 2007 | Status: Senior Member | 6,517 Posts
jibalaPasan,

If I may ask, what part of PI are you? My wife is from Iloilo.

Cigarguy
Keep It Simple
 
 
  • Post #15,659
  • Quote
  • Aug 8, 2014 12:22pm Aug 8, 2014 12:22pm
  •  JibalaPasan
  • Joined Jun 2014 | Status: Member | 2,498 Posts
Quoting cigarguy
Disliked
jibalaPasan, If I may ask, what part of PI are you? My wife is from Iloilo. Cigarguy
Ignored
San Pablo, Laguna
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
 
 
  • Post #15,660
  • Quote
  • Aug 8, 2014 12:24pm Aug 8, 2014 12:24pm
  •  cigarguy
  • Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Quoting JibalaPasan
Disliked
{quote} San Pablo, Laguna
Ignored
Is most pretty much back to normal after the hurricane? Hopefully so.

Cigarguy
Keep It Simple
 
 
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