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As simple as possible: 00 level trading

  • #15,661
  • Aug 8, 2014 11:26am Aug 8, 2014 11:26am
Trade #8 GJ TP.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.08.09_00h20m19s_011_.png Size: 73 KB


Finish na. Gud night everybody!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #15,662
  • Aug 8, 2014 11:29am Aug 8, 2014 11:29am
Quoting JibalaPasan
{quote} Just go back in your chart for two days then you will see why! Jibala
I see.. That resistance is very hard.
Funny thing that price hitted it in 3 hours today, the first 2 turned TS, the third TP.. And obviously i only entered the first two.
High risk trade btw, should stay out.

Goodnight Jibala!

Lrt
"Every battle is won before it's fought."
  • #15,663
  • Aug 8, 2014 11:49am Aug 8, 2014 11:49am
came back from shopping, seeing a movie, eating out.
all the 4 pairs have been reached RmUP or RmDn.
I think I'm done today. (or I may short UJ)
This week: +22.4pips
My hope has been almost completely shattered, but not completely yet
  • #15,664
  • Aug 8, 2014 12:53pm Aug 8, 2014 12:53pm
Have a good W/End.
Take care
  • #15,665
  • Aug 8, 2014 1:01pm Aug 8, 2014 1:01pm
Quoting rapple
Dear forum Is it possible to change the Daily Open time on the UFX TREND multiMeter? The default is the brokers 0 hour. Kind regards Rapple
Here you go.

Attached File(s)
File Type: mq4 UFX TREND multiMeter.mq4   10 KB | 645 downloads
  • #15,666
  • Aug 8, 2014 4:32pm Aug 8, 2014 4:32pm
22 pips per week...? I think that if i randomly open positions and close them after standart Sl and TP it will be same or beter! So many manipulations and what is result? Nothing! All i see here is tp images and about sl everyone just dont talks. This strategy just dont work well.
  • #15,667
  • Aug 8, 2014 6:20pm Aug 8, 2014 6:20pm
Hey dude - did you try this method ?
Why do you know such exactly that it doesn't work ?
Yes - I tried it and it's really hard to get gains continously ... but I think you cant say it will fail !
Or do you have any proof for your claim ?
Hmmm ... strange: you are member since 2011 (!) and you did your first post today ? Was you lurking in the bushes all the time ?
  • #15,668
  • Aug 8, 2014 6:30pm Aug 8, 2014 6:30pm
Quoting Serx78
22 pips per week...? I think that if i randomly open positions and close them after standart Sl and TP it will be same or beter! So many manipulations and what is result? Nothing! All i see here is tp images and about sl everyone just dont talks. This strategy just dont work well.
I don't get it, do people really think that forex trading success will come from a set of rulles on a public forum?

It that was so we would all be rich just knowing how to read!!

Udine, I know a forum where people don't get rant for sharing their trading ideas with others, glad to share with you by PM...
  • #15,669
  • Aug 8, 2014 9:52pm Aug 8, 2014 9:52pm
Quoting JibalaPasan
{quote} San Pablo, Laguna

Hey Jibala, you're from the south... I am from the north (Baguio City). nice to meet you here.

Good Weekend everyone.


Isko
SMT, IPDA, Market Structure
  • #15,670
  • Aug 8, 2014 9:55pm Aug 8, 2014 9:55pm
Quoting Serx78
22 pips per week...? I think that if i randomly open positions and close them after standart Sl and TP it will be same or beter! So many manipulations and what is result? Nothing! All i see here is tp images and about sl everyone just dont talks. This strategy just dont work well.
This strategy just dont work well... FOR YOU, so move on quietly.
SMT, IPDA, Market Structure
  • #15,671
  • Aug 8, 2014 10:13pm Aug 8, 2014 10:13pm
Quoting Nidolap
{quote} I don't get it, do people really think that forex trading success will come from a set of rulles on a public forum? It that was so we would all be rich just knowing how to read!! Udine, I know a forum where people don't get rant for sharing their trading ideas with others, glad to share with you by PM...
This is not a very useful comment also! Udine has the rights and privileges to ignore people and cast them out of this thread. And he should do this strictly!

Shame on those who are unsuccessful and speaking bad about others! But it seems to be human. Being jealous while others are doing well and they are not.

One can watch reactions like this in a very early stage. While other kids play in the sandbox and create nice figures and forms, others cannot because they don't have the tools. Thus the only thing they wanna do is to destroy!

Be creative, use your brain, take out all positive stuff of this thread and leave the dirt behind. So many useful hints have been mentioned already. But if you still can not turn it into a positive result you really should not waste more time on this because it is not meant for you!

A blessed weekend to everybody.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #15,672
  • Aug 9, 2014 1:18am Aug 9, 2014 1:18am
As for people thinking 22 pips a week is nothing you are totally wrong.

If you earn those 22 pips consistantly every week you won't be talking here soon anymore. I hope you get what I mean.

Forex is about that you earn something consistantly. For example I would be very happy if I could make every week just a little 5 pips.

- First forex is about that you earn something consistently no matter how big.
- Secondly it is all about the MM, there comes the money from.

For example if I only want 5 pips a week. I only need to spot 1 good trade with Udine's strategy, must be possible right? A good MM for this would be risking 20% a trade. Because you just know that you will make this 1 trade good and you have a whole week to search for this trade.

So risking 20% a trade and you start with low account like 500$.

500 x 1.10 ^40(work weeks in a year) would make you 22629.62$
  • #15,673
  • Aug 9, 2014 2:17am Aug 9, 2014 2:17am
Quoting Serx78
I think that if i randomly open positions and close them after standart Sl and TP it will be same or beter!
Thank you for caring, but don't worry I'm happy with my results. Don't forget I'm on my way of learning, improving. I hope I'll gain more pips in the future. I enjoy my learning process. I feel I'm improving thanks to Udine. And I'm afraid your random strategy has nothing do with Udine's. You'd better start a new thread explaining your random strategy IMHO; yours is much simpler than Udine's. If it works, people will welcome you. And let me point out one thing: according to your post, you are just THINKING, while I'm doing a forward testing with my small account. Yes, it costs me money, time, energy, etc. I think Udine's strategy is worth it. Worth my time, worth my energy. So far, I respect him, thanking him for guiding others and me. Yes, I may be wrong. Udine's method may turn out to be a failure, but I wanna test it. I wanna believe it until I find it doesn't work because right now I believe in it. I see hope in it. I post my trades for showing gratitude to Udine (he wrote about posting charts), hoping others to learn something from them, and my growing up as a trader. The thread owner is absent this month. You are trying to break my faith. That's a good BCC training, but sorry I'll put you on my ignore list.
My hope has been almost completely shattered, but not completely yet
  • #15,674
  • Aug 9, 2014 3:11am Aug 9, 2014 3:11am
Quoting ericjschroed
{quote} Here you go. {file}
Hi Eric,

I actually PM'd rapple about the modifications to the Indi but still have not had a reply.

I hope your hard work is not in vain.

ps. I guess others can benefit.

Masterrmind...........
Master your Mind then Master your Trades
  • #15,675
  • Aug 9, 2014 10:22am Aug 9, 2014 10:22am
Week 01

For all people who doubt this, for me it is working really well.

25 wins
1 lose

Excluding 1 win because that was a news trade. So far so good.

Live results.
Attached Image (click to enlarge)
Click to Enlarge Name: Week 1.png Size: 81 KB
  • #15,676
  • Aug 10, 2014 12:52am Aug 10, 2014 12:52am
Quoting Juan007
could we use like a guide like you run yours? {file} {file} {image} {image}
As a guideline, what I could see in short, only trade pairs above 80 to 90 / below -90 to -80 and strength also shows equivalent value.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #15,677
  • Aug 10, 2014 5:51am Aug 10, 2014 5:51am
Quoting JibalaPasan
{quote} Hello Juan, I have this indicator also but never used it! The values in the red box are very similar to my relative strength meter but dont know about the left side. Give it a try, maybe it will lead you to success. Tell or show us your results it may work for others as well. {image} Jibala

Thanks JibalaPasan

i like this info from you The values in the red box are very similar to my relative strength meter


i check it and tell you here for all

gracias JibalaPasan
  • #15,678
  • Aug 10, 2014 7:39am Aug 10, 2014 7:39am
Quoting Jysticim
Week 01 For all people who doubt this, for me it is working really well. 25 wins 1 lose Excluding 1 win because that was a news trade. So far so good. Live results. {image}
GREAT!
I'm waiting for someone who failed and got mad with the method (instead of with himself) to tell you that's photoshopped .

Lrt
"Every battle is won before it's fought."
  • #15,679
  • Aug 10, 2014 9:01am Aug 10, 2014 9:01am
Hello All,

Previous week stats (28/7 - 1/8).

Pips gain: +24; pips loss: -35; Net pips: -11
Net account: negative.

Trades total: 12
Win: 3 [25%]
Partial win: 1 [8%] (2p < profit < 5p)
BE: 5 [42%] (wrong entry to manual SL: 1; correct entry to manual SL: 2; correct entry to TS: 2)
Loss: 3 [25%] (correct entry to SL: )

Not all entries by the rules -- room for improvement.
Ratio of wins decreased, losses grew -- struggling with finding the balance between finding reasons not to take a trade and taking trades.
Ratio of BEs unchanged -- trading in the market open between hours, less volatility, more uncertainty.

Objectives:
(1) Keep taking only rule-compliant trades.
(2) Improve setup selection. Create a limited amount of rules for checking "Do you see ANY reason not enter?"
(3) Focus on market open + 1 (FF, LO, NY) hours, trade less in silent hours.

Áron
  • #15,680
  • Aug 10, 2014 9:04am Aug 10, 2014 9:04am
This week stats.

Pips gain: +5; pips loss: 0; Net pips: +5
Net account: positive.

Trades total: 1
Win: 1 [100%]

Did not have time to follow markets with this style of trading, took only one trade one day, so the stats are just for sake of consistency.

Objectives (as of previous week's):
(1) Keep taking only rule-compliant trades.
(2) Improve setup selection. Create a limited amount of rules for checking "Do you see ANY reason not enter?"
(3) Focus on market open + 1 (FF, LO, NY) hours, trade less in silent hours.

Áron
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