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As simple as possible: 00 level trading

  • #16,641
  • Aug 25, 2014 9:16am Aug 25, 2014 9:16am
Good Luck everyone!

Time for rest.

Masterrmind..........
Master your Mind then Master your Trades
  • #16,642
  • Aug 25, 2014 9:18am Aug 25, 2014 9:18am
Quoting Lrt.Ita
Very strong CHF a few minutes ago, >8. Entered short on USDCHF @.500 and AUDCHF @.200. Guess what? Looks like I'm going to lose both . See you after, bye! Lrt
I mentioned it already, don't trust that FPS indicator too much. It is not working accurate and it is slow!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #16,643
  • Aug 25, 2014 9:31am Aug 25, 2014 9:31am
Quoting JibalaPasan
don't trust that FPS indicator too much.
Which one can be trusted?
  • #16,644
  • Aug 25, 2014 9:43am Aug 25, 2014 9:43am
Hello all!

I see you all make a alot good trades in here

Question: Is there anyone trade this risk 1:1 with sucsses? and if what pips target do you use??

Happy trading all!!
  • #16,645
  • Aug 25, 2014 9:43am Aug 25, 2014 9:43am
Quoting messiahua
{quote} Which one can be trusted?
Actually no one can be trusted
Only combination of signs which confirm each other.
  • #16,646
  • Aug 25, 2014 9:44am Aug 25, 2014 9:44am
Quoting messiahua
{quote} Which one can be trusted?
Who really can say what's the best? I can't tell you because I don't know. You can compare them one by one and you'll find out some are better some others are not. But you can't trust even only one of them, that's fact!

Have you read my post here http://www.forexfactory.com/showthre...33#post7694133 ?

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #16,647
  • Aug 25, 2014 9:46am Aug 25, 2014 9:46am
Quoting owner2005
{quote} Actually no one can be trusted Only combination of signs which confirm each other.


And most of all use your brain, trade what you see and not what you want to see!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #16,648
  • Aug 25, 2014 10:18am Aug 25, 2014 10:18am
The pendings i put after the CHF strenghtening i saw on the indicator were three, at the moment i wrote only 2 got triggered.
I came back to my PC and i found that:

CADCHF TP
USDCHF SL (unlucky, the trade afterall was right)
AUDCHF TP

Second day in loss for me in a row for me.

3TP
2SL

Lrt
Attached Image (click to enlarge)
Click to Enlarge Name: CADCHF TP USDCHF SL AUDCHF TP.jpg Size: 311 KB
"Every battle is won before it's fought."
  • #16,649
  • Aug 25, 2014 10:36am Aug 25, 2014 10:36am
Quoting owner2005
{quote} It is a very good book. ....I know this feeling. By the way great russian scientists Pavlov and Uktomsky wrote about this. This is a psychological condition and they called it "dominant". If dominant is positive then all that you touch and think is absolutely wonderful and profitable. If it's negative, even very very simple things, simple trades may look like it's against you. Key words here "may look" they look like, but they really don't. Actually our psychology paints things in different colours. And if thing objectively positive, but...
Thank you a lot for the very nice answer, truly appreciated .
I'll serch if i find something wrote by those scientists.
http://en.wikipedia.org/wiki/Alexei_...vich_Ukhtomsky
http://en.wikipedia.org/wiki/Ivan_Pavlov
I've always been interested in psychology and philosophy and studied the two matters some years just for passion .

Lrt
"Every battle is won before it's fought."
  • #16,650
  • Aug 25, 2014 12:08pm Aug 25, 2014 12:08pm
Quoting Lrt.Ita
........I'm reading a book this days ......("Trading in the zone", M.Douglas. Helpful!) Lrt
Very good book indeed! It helped me a lot.
  • #16,651
  • Aug 25, 2014 12:10pm Aug 25, 2014 12:10pm
Quoting Masterrmind
......The logic of trade success is really simple....just choose the trade that will hit TP before it hits SL and then repeat the process over and over.....
Best phrased ever.
  • #16,652
  • Aug 25, 2014 12:50pm Aug 25, 2014 12:50pm
Quoting JibalaPasan
Trade #5 AJ TP. {image} The only reason for that trade was a very strong JPY against the weak AUD. {image} Patience again was the key! Jibala
Hi JibalaPasan,

Is that currency meter available?

Thank you for your interesting and helpful posts.

Cheers!
  • #16,653
  • Aug 25, 2014 2:51pm Aug 25, 2014 2:51pm
What happened to Udine. This thread is morphing into using all kinds of other pairs and new indicators.
  • #16,654
  • Aug 25, 2014 3:07pm Aug 25, 2014 3:07pm
Quoting mess7777
What happened to Udine. This thread is morphing into using all kinds of other pairs and new indicators.
Udine is on an August holiday.
  • #16,655
  • Aug 25, 2014 4:14pm Aug 25, 2014 4:14pm
Quoting mess7777
What happened to Udine. This thread is morphing into using all kinds of other pairs and new indicators.
only take the Udines Rules
  • #16,656
  • Aug 25, 2014 5:37pm Aug 25, 2014 5:37pm
nj +5
nu ts
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYH1 2.png Size: 58 KB
  • #16,657
  • Aug 25, 2014 6:55pm Aug 25, 2014 6:55pm
NU +5

2% ON TOKYO
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15 1.png Size: 54 KB
  • #16,658
  • Aug 25, 2014 7:08pm Aug 25, 2014 7:08pm
Gud morning everybody! Let's rock it again.

Trade #1 NU TP.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.08.26_07h58m08s_017_.png Size: 77 KB


You know the reason for that trade already? Right, the stronger USD against the weak NZD. Almost all other pairs no more RmUp / RmDn.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.08.26_07h59m15s_018_.png Size: 13 KB


Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #16,659
  • Aug 25, 2014 8:13pm Aug 25, 2014 8:13pm
usdjpy maybe downtrend?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 175 KB
  • #16,660
  • Aug 25, 2014 8:46pm Aug 25, 2014 8:46pm
Trade #2 GJ TP.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.08.26_09h41m35s_019_.png Size: 72 KB


Sorry guys, couldn't resist, thus it has become a triple TP.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
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