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As simple as possible: 00 level trading

  • #16,941
  • Aug 29, 2014 1:49am Aug 29, 2014 1:49am
Quoting ChrisGC
{quote} Welcome back.

thx
Sleep less, live fast, as it aint gonna last
  • #16,942
  • Aug 29, 2014 1:51am Aug 29, 2014 1:51am
august profit 23%

i need work better
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  • #16,943
  • Aug 29, 2014 1:52am Aug 29, 2014 1:52am
Hi Udine, i hope you had a great vacation! Good to have you back here.
Persistence will get it. Consistency will keep it.
  • #16,944
  • Aug 29, 2014 1:52am Aug 29, 2014 1:52am
Quoting Udine
{quote} vacation was great...thx have been reading the thread once in a while, so no need to play catch up btw you are doing great... well done !! Udine
Hi Udine, glad to see that you're back. I've recently started back-testing your system and its displayed quite remarkable success.

There seem to be some pairs that don't work very well with it though - in particular for the last 2 weeks or so the GJ pair has not been doing very well. Also all the CHF pairs don't work very well either.
  • #16,945
  • Aug 29, 2014 1:56am Aug 29, 2014 1:56am
Quoting liuxiaobing
hi masterrmind: I have some mistake this morning.ts.the fps meter pairs were on top and bottom and psy was four red and price break first oolevel.but nzdusd reversaled? can you tell me what happened? thank you! {image}

remove some stuff from your chart..

the trend is defined by above or below the DO line...

I dont believe too much in strenght meters...do you know how its calculated??
based on daily data, 4H , 1H, 15M ??? and all lagging...

your last entry was late...0.83638 !!!
entry should have been 0.83700 and you would have a winner ..

just like the trade on the chart from yesterday... late entry...but that should have been a winner anyway...

you are not set up as it should be... go back and check the first few posts of the thread

Udine
Sleep less, live fast, as it aint gonna last
  • #16,946
  • Aug 29, 2014 1:57am Aug 29, 2014 1:57am
Quoting Juan007
august profit 23% i need work better {image}

better result than me

Udine
Sleep less, live fast, as it aint gonna last
  • #16,947
  • Aug 29, 2014 1:57am Aug 29, 2014 1:57am
Quoting Chake
Hi Udine, i hope you had a great vacation! Good to have you back here.

thx, and good to be back..

missed trading...

Udine
Sleep less, live fast, as it aint gonna last
  • #16,948
  • Aug 29, 2014 1:57am Aug 29, 2014 1:57am
Quoting Udine
good morning all... back from holidays and back to trading next week.. probably a week on demo to get into the flow.. will reply to the PM's first Stay green Udine

Hola Udine
welcome to your home in forex
  • #16,949
  • Aug 29, 2014 1:58am Aug 29, 2014 1:58am
Quoting Dave.Z
{quote} Hi Udine, glad to see that you're back. I've recently started back-testing your system and its displayed quite remarkable success. There seem to be some pairs that don't work very well with it though - in particular for the last 2 weeks or so the GJ pair has not been doing very well. Also all the CHF pairs don't work very well either.

I will stick to my 4 pairs only..

Udine
Sleep less, live fast, as it aint gonna last
  • #16,950
  • Aug 29, 2014 1:58am Aug 29, 2014 1:58am
Quoting Juan007
{quote} Hola Udine welcome to your home in forex

Gracias
Sleep less, live fast, as it aint gonna last
  • #16,951
  • Aug 29, 2014 2:05am Aug 29, 2014 2:05am
Quoting Udine
{quote} remove some stuff from your chart.. the trend is defined by above or below the DO line... I dont believe too much in strenght meters...do you know how its calculated?? based on daily data, 4H , 1H, 15M ??? and all lagging... your last entry was late...0.83638 !!! entry should have been 0.83700 and you would have a winner .. just like the trade on the chart from yesterday... late entry...but that should have been a winner anyway... you are not set up as it should be... go back and check the first few posts of the thread Udine
thank you udine!wellcome you back!
the price is changed so quickly it must crashed the 0.83700 in some seconds and I must filter a lot of currency.so I must make a ea to do it.
thank you!
  • #16,952
  • Aug 29, 2014 2:06am Aug 29, 2014 2:06am
Welcome back Udine and Good Morning to All!
  • #16,953
  • Aug 29, 2014 2:07am Aug 29, 2014 2:07am
Quoting Udine
good morning all... back from holidays and back to trading next week.. probably a week on demo to get into the flow.. will reply to the PM's first Stay green Udine
Welcome back Master!
My hope has been almost completely shattered, but not completely yet
  • #16,954
  • Aug 29, 2014 2:10am Aug 29, 2014 2:10am
Quoting Udine
{quote} I will stick to my 4 pairs only.. Udine
Ah which 4? I see from the first post that you do EJ and GJ
  • #16,955
  • Aug 29, 2014 2:13am Aug 29, 2014 2:13am
Quoting liuxiaobing
hi masterrmind: I have some mistake this morning.ts.the fps meter pairs were on top and bottom and psy was four red and price break first oolevel.but nzdusd reversaled? can you tell me what happened? thank you! {image}
It's great to see another trader apart from Udine trading with an account size similar to mine give or take a few dollars!!

I'm not going to tell you what to do about your chart but I'd love to see that fps meter put somewhere else as it's covering possibly the most vital information on your chart ...the price!

Might be best to PM you with what I think but here is some advise!

1. Don't make trading decisions based purely on a currency strength meter....not a good idea especially when PA can whip around on you!
2. It also looks like you are not trading by the rules (TP=5 and SL=10)

I can answer your question very quickly........... look at your chart and tell me if you see anything special about the 600 level...

starts with M_____y
ends with P__V__T

Equals a great place you'd likely find support (not always but plenty of times ...YES)

Something you might like to pay attention too!

Hope that helps!

Masterrmind.......
Master your Mind then Master your Trades
  • #16,956
  • Aug 29, 2014 2:14am Aug 29, 2014 2:14am
Are you well relaxed Udine? Still the same questions..
Persistence will get it. Consistency will keep it.
  • #16,957
  • Aug 29, 2014 2:15am Aug 29, 2014 2:15am
some opportunities i take in the fast price level 05 with half of the trade
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  • #16,958
  • Aug 29, 2014 2:16am Aug 29, 2014 2:16am
Quoting liuxiaobing
{quote} thank you udine!wellcome you back! the price is changed so quickly it must crashed the 0.83700 in some seconds and I must filter a lot of currency.so I must make a ea to do it. thank you!

set pending orders at the correct levels...

or use scripts

Udine
Sleep less, live fast, as it aint gonna last
  • #16,959
  • Aug 29, 2014 2:18am Aug 29, 2014 2:18am
Quoting Udine
good morning all... back from holidays and back to trading next week.. probably a week on demo to get into the flow.. will reply to the PM's first Stay green Udine
Welcome back Udine, Nice to see you here again!!!
  • #16,960
  • Aug 29, 2014 2:20am Aug 29, 2014 2:20am
Quoting Dave.Z
{quote} Ah which 4? I see from the first post that you do EJ and GJ

EJ and GJ are the first two

EU and GU alternatives

has been mentioned in the thread a few times

Udine
Sleep less, live fast, as it aint gonna last
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