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As simple as possible: 00 level trading

  • #16,801
  • Aug 27, 2014 8:23am Aug 27, 2014 8:23am
bonus EURCAD +6 USDCAD +6
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurcad.png Size: 20 KB
Click to Enlarge Name: USDCAD.png Size: 20 KB
Timing
  • #16,802
  • Aug 27, 2014 8:26am Aug 27, 2014 8:26am
Quoting modeco
{quote} usdchf TP +5p first trade today! usdjpy still open {image}
usdjpy happily hit TP.
also eurjpy short @ 136.900 hit TP.

today 3 trades; +15p. Done for the day!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 40536406.png Size: 46 KB
Click to Enlarge Name: 40539994.png Size: 43 KB
  • #16,803
  • Aug 27, 2014 8:38am Aug 27, 2014 8:38am
Trade #10

[Bonus Trade #6]

GBPJPY +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB


Trade #11

[Bonus Trade #7]

EURCAD +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 62 KB


Trade #12

[Bonus Trade #8]

CADJPY +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 60 KB


Masterrmind...........
Master your Mind then Master your Trades
  • #16,804
  • Aug 27, 2014 8:39am Aug 27, 2014 8:39am
Quoting modeco
{quote} usdjpy happily hit TP. also eurjpy short @ 136.900 hit TP. today 3 trades; +15p. Done for the day! {image} {image}
Congrats!
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #16,805
  • Aug 27, 2014 8:47am Aug 27, 2014 8:47am
last., GJ buy stop
Attached Image (click to enlarge)
Click to Enlarge Name: GJ BUY STOP.png Size: 20 KB
Timing
  • #16,806
  • Aug 27, 2014 8:52am Aug 27, 2014 8:52am
Trade #13

GBPCAD out by TS (BE)

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 61 KB


Trade #14

[Bonus Trade #9]

AUDCAD +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 52 KB


Comment: GBPCAD trade very unlucky you might say...direction correct but TS strikes again!

Masterrmind..........
Master your Mind then Master your Trades
  • #16,807
  • Aug 27, 2014 9:01am Aug 27, 2014 9:01am
ec +5
ej +5
gj -10
gj ts
aj +5
uc +5
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCADH1 3.png Size: 65 KB
Click to Enlarge Name: EURJPYH1 1.png Size: 61 KB
Click to Enlarge Name: GBPJPYM15 3.png Size: 65 KB
Click to Enlarge Name: USDCADH1 1.png Size: 53 KB
Click to Enlarge Name: AUDJPYH1 2.png Size: 56 KB
  • #16,808
  • Aug 27, 2014 9:07am Aug 27, 2014 9:07am
Quoting Juan007
ec +5 ej +5 gj -10 gj ts aj +5 uc +5 {image} {image} {image} {image} {image}
Great to see you grabbing some of those trades too Juan007.....what a brilliant couple of hours!

The charts aligned with the 00 levels as good as I've seen it in quite awhile........

Masterrmind..........
Master your Mind then Master your Trades
  • #16,809
  • Aug 27, 2014 9:35am Aug 27, 2014 9:35am
Quoting Juan007
ec +5 ej +5 gj -10 gj ts aj +5 uc +5 {image} {image} {image} {image} {image}
Excellent Juan,

Keep green pips!
  • #16,810
  • Aug 27, 2014 9:44am Aug 27, 2014 9:44am
Time for rest but good luck to all remaining traders!

Masterrmind...........
Master your Mind then Master your Trades
  • #16,811
  • Aug 27, 2014 9:44am Aug 27, 2014 9:44am
Quoting Juan007
ec +5 ej +5 gj -10 gj ts aj +5 uc +5 {image} {image} {image} {image} {image}
One question, Juan: why in AJ and UC you've opened trades at 05 level and close at 00?
thks
  • #16,812
  • Aug 27, 2014 9:50am Aug 27, 2014 9:50am
Quoting xlcharly
{quote} One question, Juan: why in AJ and UC you've opened trades at 05 level and close at 00? thks
no rules trade
but a lot PA

force
  • #16,813
  • Aug 27, 2014 9:53am Aug 27, 2014 9:53am
Quoting easygoing
I just watched UJ and EJ going down (because I had already won twice today). I felt the potential of this method. Someday, I might begin hunting bonus trades too. 4 wins... 4%... that's fabulous, but I think I have to cope with my greed.
And on the other hand 2 SL = -4% I do overtrade a bit ( least to say being less selective while within the rules) for the sake of demo testing...Today ended up with a total of 12 positions - i think it is enough for today- and all i can say I just ended up where i was after 4 trades (2TP+2TS), basically. So, either bad luck, or being less selective entering, the next 8 positions only avaraged out at BE.The 2 full SL, and a negative TS, + commissions can eat fast into the profits. Anyway, not complaining, still up +2.1% today. (also had few annoying slippage too, on the SL, where else!)Udine surely come up with an easy to use system, that can see the account with no more than about 2% risk ( or whatever one decide) in the same time being flat most time is golden in my opinion too....
there is always, always another trade!!
  • #16,814
  • Aug 27, 2014 9:56am Aug 27, 2014 9:56am
Quoting Juan007
{quote} no rules trade but a lot PA force
for fairness, shouldnt those trades then kept to yourself, since it has little to do with this thread's rules, thus they are misleading or confusing for others?just asking
there is always, always another trade!!
  • #16,815
  • Aug 27, 2014 9:58am Aug 27, 2014 9:58am
Quoting profitfarmer
{quote} for fairness, shouldnt those trades then kept to yourself, since it has little to do with this thread's rules, thus they are misleading or confusing for others?just asking
ok thanks

i dont put more
  • #16,816
  • Aug 27, 2014 10:10am Aug 27, 2014 10:10am
Quoting profitfarmer
{quote} for fairness, shouldnt those trades then kept to yourself, since it has little to do with this thread's rules, thus they are misleading or confusing for others?just asking

only answer

only trade Udines rules
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1 control c.png Size: 66 KB
  • #16,817
  • Aug 27, 2014 10:29am Aug 27, 2014 10:29am
Quoting Masterrmind
Trade #13 GBPCAD out by TS (BE) {image} Trade #14 [Bonus Trade #9] AUDCAD +5 TP {image} Comment: GBPCAD trade very unlucky you might say...direction correct but TS strikes again! Masterrmind..........
Hello Masterrmind,

how do you monitoring so many pairs? visuell only with PsyLevelDash?
  • #16,818
  • Aug 27, 2014 10:58am Aug 27, 2014 10:58am
Quoting Juan007
{quote} only answer only trade Udines rules {image}
Hello Juan,

the left site of your dash looks very impressive. Is the source of them an excel file?
  • #16,819
  • Aug 27, 2014 11:30am Aug 27, 2014 11:30am
Quoting Meta1
{quote} Hello Juan, the left site of your dash looks very impressive. Is the source of them an excel file?
no

its a indicator
  • #16,820
  • Aug 27, 2014 11:32am Aug 27, 2014 11:32am
Quoting Masterrmind
Time for rest but good luck to all remaining traders! Masterrmind...........
Hi MM

Congrats on your trades today.

I would appreciate some insights into how you organise your workstation and processes in order to monitor and trade multiple pairs.

Do you have a monitor set up with multiple charts on M15 that you check every hour / continuously, and then zooming into specific promising charts?
Or do you cycle through individual charts every hour / continuously?
Or do you take your cue only from the Psy Levels dashboard every hour and then refer to promising individual charts?
Or do something else i've missed?

I guess, its the process you follow throughout the day that alerts you to potential setups that interests me. While my results don't yet demonstrate it, I believe trading is simple, but not easy. And what's important is simplicity, consistency and repetition (like a successful business).

Axiom
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