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As simple as possible: 00 level trading

  • #15,761
  • Aug 11, 2014 4:51am Aug 11, 2014 4:51am
Quoting kevinickel
So, why there are so many pros are still using it and achieve a supreme outcome?
so many? I would so so few, which is normal for forex anyway, this strategy like any other will work for very few, and its not because the masses can't follow the rules... think about it.
  • #15,762
  • Aug 11, 2014 4:53am Aug 11, 2014 4:53am
Quoting JibalaPasan
{quote} What I could see both almost the same strength, GBP 4,8 / CHF 4,3. Additional GBP not sync! Jibala
This is what i see now, but at the moment i entered the trade the situation was completely different.. GBP >8 and CHF <2.
Maybe my strenght meter isn't set up properly..

Lrt
"Every battle is won before it's fought."
  • #15,763
  • Aug 11, 2014 4:56am Aug 11, 2014 4:56am
Quoting Lrt.Ita
GC long @.200 SL. -10pips на данный момент GBP был сильнее и ХСН слабее, это было границе и не было никаких сопротивлений.....
My indicator shows at this place the pivot level. I do not put their orders near these levels. http://screencast.com/t/UkdFlGAg
  • #15,764
  • Aug 11, 2014 5:04am Aug 11, 2014 5:04am
Trade #4 AJ TP.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.08.11_17h38m39s_007_.png Size: 72 KB


While I was busy with the EJ, the mentor took the strong sell signal of AJ.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #15,765
  • Aug 11, 2014 5:09am Aug 11, 2014 5:09am
Also, I look at several indicators of the strength of currencies, it may help to filter the trade. Indicator in the attachment, there is a description, read it carefully. Just want to say that it does not work at all brokers, try ..
http://screencast.com/t/9x8gGJSN65
Attached File(s)
File Type: rar Cruscotto сила валют.rar   2.0 MB | 552 downloads
  • #15,766
  • Aug 11, 2014 5:14am Aug 11, 2014 5:14am
Quoting Lrt.Ita
GC long @.200 to SL. -10pips At the moment GBP was the stronger and CHF the weaker, it was uptrending and there were no resistances.. Bad luck? Any suggestions? Lrt {image}
On the hourly you could see 200 lvl was a supply zone that sold off with momentum. So I wouldn't take the trade just based on that.
  • #15,767
  • Aug 11, 2014 5:16am Aug 11, 2014 5:16am
Hello Everybody,
I am AUDCAD SHORT @1.0160
  • #15,768
  • Aug 11, 2014 5:18am Aug 11, 2014 5:18am
Hi Mastermind,

I sent you a PM.
Thanks
BB
  • #15,769
  • Aug 11, 2014 5:20am Aug 11, 2014 5:20am
Quoting JibalaPasan
Trade #4 AJ TP. {image} While I was busy with the EJ, the mentor took the strong sell signal of AJ. Jibala
Hello Jibala,
Nice one though not according to Udine's rules, first level was 94.70 in the hour.
  • #15,770
  • Aug 11, 2014 5:21am Aug 11, 2014 5:21am
GJ TS
Attached Image
  • #15,771
  • Aug 11, 2014 5:30am Aug 11, 2014 5:30am
EJ SLed -10pips today -3.7pips
I shouldn't have taken this trade because there was a support around 136.600
Attached Image (click to enlarge)
Click to Enlarge Name: 1408111928145546.png Size: 33 KB
My hope has been almost completely shattered, but not completely yet
  • #15,772
  • Aug 11, 2014 5:33am Aug 11, 2014 5:33am
Quoting Carpathian
.....I am AUDCAD SHORT @1.0160
Closed at +1 as PA took a turn after having touched .0155 w/o going to my TP.
  • #15,773
  • Aug 11, 2014 5:34am Aug 11, 2014 5:34am
Quoting Carpathian
{quote} Hello Jibala, Nice one though not according to Udine's rules, first level was 94.70 in the hour.
No correct entry! Look at the spread, the high was @708! How to enter@700?

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #15,774
  • Aug 11, 2014 5:35am Aug 11, 2014 5:35am
GJ TPed +5pips　　Today +1.3pips
I plan to go see a movie, so this might be my last trade today.
Green pips to you all
Attached Image (click to enlarge)
Click to Enlarge Name: 1408111932515548.png Size: 32 KB
My hope has been almost completely shattered, but not completely yet
  • #15,775
  • Aug 11, 2014 5:36am Aug 11, 2014 5:36am
I'm short .800 on EUR CAD, and it is reversing.
I forgot to check sync with EU and EJ. If it ends ti SL, this time i deserve it .

Lrt
"Every battle is won before it's fought."
  • #15,776
  • Aug 11, 2014 5:47am Aug 11, 2014 5:47am
Quoting JibalaPasan
{quote} No correct entry! Look at the spread, the high was @708! How to enter@700? Jibala
AFAIK MT4 draws charts based on bid price, so with a spread of 1.7 bid was 708 and ask was 715 so a short entry is possible at 700, nevertheless maybe lvl 600 is a better setup, I just made the remark because of the rules.

More important that I find the ideas you shared on CSM very useful and important, so thanks for that!
And thanks Juan007 for sharing the supreme-meter!
  • #15,777
  • Aug 11, 2014 5:48am Aug 11, 2014 5:48am
Quoting bugyibuci
Hi Mastermind, I sent you a PM. Thanks BB
All PM's have now been answered!

Masterrmind...........
Master your Mind then Master your Trades
  • #15,778
  • Aug 11, 2014 5:50am Aug 11, 2014 5:50am
Quoting Lrt.Ita
I'm short .800 on EUR CAD, and it is reversing. I forgot to check sync with EU and EJ. If it ends ti SL, this time i deserve it . Lrt
Hi, TS not kicked in at +3.5?
  • #15,779
  • Aug 11, 2014 5:53am Aug 11, 2014 5:53am
Quoting Carpathian
{quote} Hi, TS not kicked in at +3.5?
Not reached the level .765..

Lrt
"Every battle is won before it's fought."
  • #15,780
  • Aug 11, 2014 5:59am Aug 11, 2014 5:59am
Quoting Lrt.Ita
{quote} Not reached the level .765.. Lrt
Sorry, you're right, only bid went to .760 for me as well.
Juan's CSM shows it quite weak so it may just continue downwards!
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