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As simple as possible: 00 level trading

  • #16,721
  • Aug 26, 2014 10:45am Aug 26, 2014 10:45am
Quoting JibalaPasan
Thanks a lot to Lrt & Mariner. It was and it will be always like this. Where money is in play, jealousy and greed is very close too! Since I have to do my work, trading, I am not willed to discuss with such people. Therfore I just pressed the "Ignore" button and that's it. I'm done for today. Jibala
I don't think it's something personal, you should understand that it is not correct to show trades based on a secret indicator on a thread that it's absolutely free.

I appreciate your inputs on the market and would like to continue to read them, we all know that it is not that indicator that will change the losses in wins for those who are struggling, so why even show it? Money really generates jealous reactions and you are sponsoring that reaction

Best of luck and many pips!
  • #16,722
  • Aug 26, 2014 11:48am Aug 26, 2014 11:48am
Quoting JibalaPasan
Thanks a lot to Lrt & Mariner. It was and it will be always like this. Where money is in play, jealousy and greed is very close too! Since I have to do my work, trading, I am not willed to discuss with such people. Therfore I just pressed the "Ignore" button and that's it. I'm done for today. Jibala
i like your work Jibala

could you give us the link to contact your Mentor Please?
  • #16,723
  • Aug 26, 2014 11:58am Aug 26, 2014 11:58am
Guys quit crying about the indicator she showing trades based on the rules. So man up and learn to trade with what you have. Don't try to rely on someone spoon feeding you. Even if she shared it you probably would fail with it anyway.
  • #16,724
  • Aug 26, 2014 12:02pm Aug 26, 2014 12:02pm
Quoting turboguru
Guys quit crying about the indicator she showing trades based on the rules. So man up and learn to trade with what you have. Don't try to rely on someone spoon feeding you. Even if she shared it you probably would fail with it anyway.
  • #16,725
  • Aug 26, 2014 12:09pm Aug 26, 2014 12:09pm
Quoting Juan007
{quote}
Hola Juan,

I sent you a PM !

Gracias
  • #16,726
  • Aug 26, 2014 12:09pm Aug 26, 2014 12:09pm
Got 3 out 3 trades todays. this is really great. I'm tempted to increase my lot size, maybe i'll wait till the week ends.
Jibala is a great person and I've listened and read his post here a lot. infact, I go through all his TP trades to pick a point or two.
Whether he shares his indicator or not is simply left to him, pls lets not be too quick to castigate.
Another way out is simply to ask him to share his broker and then start trying out the broker's indicators until you get the right one
  • #16,727
  • Aug 26, 2014 12:31pm Aug 26, 2014 12:31pm
Hi

New here, not exactly new to forex...

First of all, I would like to thank Udine for his work, and for sharing it.
I found this a very interesting system, after a little backtesting, and thought I would try a few weeks of forward testing too.

It seems to me, that Udine's original system, as it is, evolved a lot with this thread, unfortunately, also Udine is absent to correct a few of the ideas as they come up.
Evolution is good, sometimes, but for the sake of the thread and the system, the major rules should be kept, in my opinion.
Seeing lots of the trade samples and charts, I believe couple trades opened against one or other of the rules, and some of the losses probably can partly be contributed to those.
Anyway, I am sure I do break a few things here and there along the way too.

For the sake of testing, and getting more samples, I ignored also the suggested most profitable times, however kept the no more than 1 trade on the same pair the same hour, as well the ignore .100 and .900 levels, and of course traded in the right directions only.

I did end up with 7 trades today,
5 TP, 1SL, and 1TS...a total of +15.4pips ( yes, some slippage here and there).

The loss was my stupidity/ignorance; I like the USDTRY pair, but failed to notice the then 8 pips spread at entry...doesnt take long to SL. That isnt a pair suitable for this system, that's for sure!!

For the forward test sake, a realistic 5000$ account equity used, with 1 lot positions...this way I risk 2%/trade, tolerable, and if the system good, then no danger to blow up the account any time soon. ( 40 consecutive loss? to run out the necessery margin?)
Todays's return of +3.15% is a good start.

I will time to time also try to contribute a bit as the forward testing goes ahead.
there is always, always another trade!!
  • #16,728
  • Aug 26, 2014 1:00pm Aug 26, 2014 1:00pm
control panel

good day today
Attached Image (click to enlarge)
Click to Enlarge Name: control panel 3.png Size: 79 KB
  • #16,729
  • Aug 26, 2014 1:17pm Aug 26, 2014 1:17pm
Quoting Juan007
control panel good day today {image}
Nice result!
What currency meter is that one you have on the right showing only the strenghts?

Lrt
"Every battle is won before it's fought."
  • #16,730
  • Aug 26, 2014 1:38pm Aug 26, 2014 1:38pm
Quoting Lrt.Ita
{quote} Nice result! What currency meter is that one you have on the right showing only the strenghts? Lrt
It was shared here:

http://www.forexfactory.com/showthre...60#post7697360
  • #16,731
  • Aug 26, 2014 2:02pm Aug 26, 2014 2:02pm
Quoting Axiom
{quote} It was shared here: http://www.forexfactory.com/showthre...60#post7697360
Thankyou, I really missed that post!

Lrt
"Every battle is won before it's fought."
  • #16,732
  • Aug 26, 2014 5:01pm Aug 26, 2014 5:01pm
PLEASE ONLY TRADE UDINES RULES

control panel

only is to study
buy level=80
sell level=20

those are free
the web to find meters
free web to study

http://newdigital-world.com/trading-...-strenght.html
Attached Image (click to enlarge)
Click to Enlarge Name: control panel currency.png Size: 57 KB
Attached File(s)
File Type: tpl !! 1 a 5 y 10 pips a a a a a control panel 3.tpl   366 KB | 830 downloads
File Type: mq4 forexdashboardFull2.mq4   49 KB | 961 downloads
File Type: mq4 Currency Strength - Giraia.mq4   18 KB | 989 downloads
File Type: ex4 PsyLevels_Dashboard_v1.ex4   16 KB | 1,019 downloads
  • #16,733
  • Aug 26, 2014 6:19pm Aug 26, 2014 6:19pm
Quoting Juan007
PLEASE ONLY TRADE UDINES RULES control panel only
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 47 KB
is to study buy level=80 sell level=20 those are free the web to find meters free web to study http://newdigital-world.com/trading-...-strenght.html {file} {file} {file} {image} {file}
thanks for sharing.

on my platform it doesn't show the bottom part, any idea why? seems like the giraia indicator doesn't load on template and it fails to add manually too...
  • #16,734
  • Aug 26, 2014 6:59pm Aug 26, 2014 6:59pm
Can someone please tell me if there is modified UFX TREND multiMETER where I can change it so that it is similar to the Daily Open LINE which is set at [7] TIMEZONE OF DATA?

Thanks guys for the information.
With God all things are possible.
  • #16,735
  • Aug 26, 2014 7:10pm Aug 26, 2014 7:10pm
aj +5
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYH1 1.png Size: 70 KB
  • #16,736
  • Edited 10:22pm Aug 26, 2014 10:02pm | Edited 10:22pm
Trade #1 UC TP.

Tokyo weak again, and the pairs with a bit PA at least no RmUp / RmDn.

Sry, forgot not to post chart!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #16,737
  • Edited 10:57pm Aug 26, 2014 10:35pm | Edited 10:57pm
Quoting JibalaPasan
Trade #1 UC TP. Tokyo weak again, and the pairs with a bit PA at least no RmUp / RmDn. Sry, forgot not to post chart! Jibala
Hi JibalaPasan,

I really enjoy all the charts that you, Masterrmind, and the rest that have posted (Though mostly winning) . These charts are so valuable to a trader. They shows how a winning trade looks like, how to avoid a losing trade and how TS affect the trade management. I don't understand why other traders prefer to look at indicators than these charts. To me, these charts have direct impact on my winnings than those indicators.

I also don't see posting of winning charts are showing off... but rather giving credits to Udine by showing how his method works.

So please continue to post charts and keep within the rules Udine has provided.

Thanks for all the charts. It keeps me awake while waiting for trades.

Green PIPS.
Trade what you see. Not what you think.
  • #16,738
  • Aug 27, 2014 12:29am Aug 27, 2014 12:29am
Indicators are simply that just indicators. You should never ever place a single trade by relying on an indicator!

The better the trader you become the less indicators you tend to use!

Personally I use indicators purely as an alert.

It is the analysis of the chart (S+R, pivots, PA patterns, candle formations, DO relative location to PA, momentum and the anticipation of momentum, when simply not to trade etc etc) as well as all other important factors that allow me to determine a probability of success for that trade to which I will trade it or not trade it.

Don't ever underestimate relevant chart time.........it's the key!

Good trading!

Masterrmind..........
Master your Mind then Master your Trades
  • #16,739
  • Aug 27, 2014 12:34am Aug 27, 2014 12:34am
Quoting Dehyah
Can someone please tell me if there is modified UFX TREND multiMETER where I can change it so that it is similar to the Daily Open LINE which is set at [7] TIMEZONE OF DATA? Thanks guys for the information.
Thanks to me ,I have found it.I changed the UFX TREND METER start hour to 7 as well.
With God all things are possible.
  • #16,740
  • Aug 27, 2014 2:53am Aug 27, 2014 2:53am
Quoting JibalaPasan
Trade #1 UC TP. Tokyo weak again, and the pairs with a bit PA at least no RmUp / RmDn. Sry, forgot not to post chart! Jibala
So true, but what can one do if trading from Asia, and has to pick up the kid from school when London just open?

Test day#2

8 trades, 4TP, 3TS, 1SL= +15.8pips.Some missed opportunities too, as usual.Still impressed!
there is always, always another trade!!
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