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As simple as possible: 00 level trading

  • #17,681
  • Sep 9, 2014 7:04am Sep 9, 2014 7:04am
Quoting javaboy
{quote} What does that mean, entry on the first 00 level?

start at page 1, post 1 please

Udine
Sleep less, live fast, as it aint gonna last
  • #17,682
  • Sep 9, 2014 7:05am Sep 9, 2014 7:05am
Quoting ChrisGC
{quote} Udine, what is your definition of a "low risk, high probability set up"? and what will it look like. We keep on throwing terms and hints around but not clear definition of what it really is. Rules and setups that we have to discover for ourselves without any explanation but what are these? There are less than a handful of traders on here that post successful trades, so I think we need a bit of help here.
look at the charts I have posted... there are plenty examples in the thread..

Udine
Sleep less, live fast, as it aint gonna last
  • #17,683
  • Sep 9, 2014 7:07am Sep 9, 2014 7:07am
Okay folks, thanks for all the thoughts, gotta go now, see you later!
Áron
  • #17,684
  • Sep 9, 2014 7:09am Sep 9, 2014 7:09am
Quoting Udine
{quote} look at the charts I have posted... there are plenty examples in the thread.. Udine
eh thanks for nothing
The problem is not giving offence but taking offence!
  • #17,685
  • Sep 9, 2014 7:16am Sep 9, 2014 7:16am
Quoting Udine
{quote} change broker: 2 pip spread is too high Udine
I am not complaining about strategy or my broker. Just asking for 110% clarification.
For example my broker's spread is variable plus 4 EUR per 1 lot traded. At this moment spreads are:

EU 0.1 - 0.2 pips
GU 0.5 - 0.7 pips
EJ 0.7 - 0.9 pips
GJ 1.0 - 1.4 pips

In worst case GJ 1.4 + commission is roughly around 2 pips.
Did you find much better broker?

So simply asking: do you aim for 5 pips (then deduct costs)?
  • #17,686
  • Sep 9, 2014 7:18am Sep 9, 2014 7:18am
Quoting ChrisGC
{quote} eh thanks for nothing
I think Udine has done enough sharing this great system. All the information you need is in this thread, or available on the charts themselves to be read. If you want a comprehensive "how can I make tons of consistent pips" forex system, maybe drop $2000 for a personal tutoring session with Udine (if he is willing rofl).
  • #17,687
  • Sep 9, 2014 7:25am Sep 9, 2014 7:25am
Quoting ChrisGC
{quote} eh thanks for nothing

Chris it has been discussed several times in the thread... its all there..

I am not going to repeat myself over and over...

first I trade and make money, second is posting here...

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #17,688
  • Sep 9, 2014 7:27am Sep 9, 2014 7:27am
Quoting understandFX
{quote} I am not complaining about strategy or my broker. Just asking for 110% clarification. For example my broker's spread is variable plus 4 EUR per 1 lot traded. At this moment spreads are: EU 0.1 - 0.2 pips GU 0.5 - 0.7 pips EJ 0.7 - 0.9 pips GJ 1.0 - 1.4 pips In worst case GJ 1.4 + commission is roughly around 2 pips. Did you find much better broker? So simply asking: do you aim for 5 pips (then deduct costs)?

for me 5 pips -/- costs is enough for me

Udine
Sleep less, live fast, as it aint gonna last
  • #17,689
  • Sep 9, 2014 7:32am Sep 9, 2014 7:32am
Quoting Udine
{quote} Chris it has been discussed several times in the thread... its all there.. I am not going to repeat myself over and over... first I trade and make money, second is posting here... cheers Udine
My apologies.

It was just my frustrations getting the better of me.
The problem is not giving offence but taking offence!
  • #17,690
  • Sep 9, 2014 7:33am Sep 9, 2014 7:33am
Quoting Udine
{quote} for me 5 pips -/- costs is enough for me Udine
Thanks for answer
  • #17,691
  • Sep 9, 2014 7:35am Sep 9, 2014 7:35am
Quoting Dave.Z
{quote} I think Udine has done enough sharing this great system. All the information you need is in this thread, or available on the charts themselves to be read. If you want a comprehensive "how can I make tons of consistent pips" forex system, maybe drop $2000 for a personal tutoring session with Udine (if he is willing rofl).
Your 2c's is not appreciated.

Udine is man enough to speak for himself.

Mr. come lately if you had any idea you would know Udine has been teaching people for free at his place.
The problem is not giving offence but taking offence!
  • #17,692
  • Sep 9, 2014 7:37am Sep 9, 2014 7:37am
Quoting Dave.Z
{quote} I think Udine has done enough sharing this great system. All the information you need is in this thread, or available on the charts themselves to be read. If you want a comprehensive "how can I make tons of consistent pips" forex system, maybe drop $2000 for a personal tutoring session with Udine (if he is willing rofl).

nahh,

there have been people ( 2 people of this thread) trading with me side by side for the price of a coffee and probably next month somebody else is coming over for a trading session..

all free, I have no secrets..

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #17,693
  • Sep 9, 2014 7:42am Sep 9, 2014 7:42am
Quoting ChrisGC
{quote} Your 2c's is not appreciated. Udine is man enough to speak for himself. Mr. come lately if you had any idea you would know Udine has been teaching people for free at his place.
And this nice person has to be hassled by random strangers like you for detailed and step-by-step instructions
  • #17,694
  • Sep 9, 2014 7:47am Sep 9, 2014 7:47am
relax guys, the world is already messed up enough

Udine
Sleep less, live fast, as it aint gonna last
  • #17,695
  • Sep 9, 2014 7:48am Sep 9, 2014 7:48am
Quoting Udine
relax guys, the world is already messed up enough Udine


Alright I'm done, its almost 9pm over here. See you guys tomorrow
  • #17,696
  • Sep 9, 2014 7:50am Sep 9, 2014 7:50am
Quoting Dave.Z
{quote} Alright I'm done, its almost 9pm over here. See you guys tomorrow
ciao
Sleep less, live fast, as it aint gonna last
  • #17,697
  • Sep 9, 2014 8:10am Sep 9, 2014 8:10am
GU to TP

Daily target reached

done for the day... lots of patience needed

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #17,698
  • Sep 9, 2014 8:11am Sep 9, 2014 8:11am
Gbpaud ts +4
Attached Image

euraud tp +5
Attached Image
The problem is not giving offence but taking offence!
  • #17,699
  • Sep 9, 2014 8:19am Sep 9, 2014 8:19am
Quoting Udine
GU to TP Daily target reached done for the day... lots of patience needed Udine {image}
I was contemplating to take this one as well but I took EU instead as I saw higher probability reaching 5 pips, however since then the price retraced but managed to gain 5 pips so I am done for the day as well.
Good luck for anyone else still trading
BB.
Attached Image (click to enlarge)
Click to Enlarge Name: EU.jpg Size: 116 KB
  • #17,700
  • Sep 9, 2014 8:22am Sep 9, 2014 8:22am
Quoting ChrisGC
Gbpaud ts +4 {image} euraud tp +5 {image}

well done

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