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As simple as possible: 00 level trading

  • #17,801
  • Sep 10, 2014 5:38am Sep 10, 2014 5:38am
Quoting Udine
{quote} reason for being on the sidelines: market nervous for the upcoming referendum in Scotland and any news or rumors, could mess it all up, result could be a quick win or an even quicker loss its no low risk entry, with high probability of a winner.. cheers Udine
You are absolutely right. The market is too choppy, I shouldn't have taken my GU trade either.
  • #17,802
  • Sep 10, 2014 5:42am Sep 10, 2014 5:42am
Quoting Clipi
great great system! Today first day, I tried real 5 trades, 4 positive and only one negative. Thanks Udine
the wrong trade in EJ, H1,D1,ASH greens ADR 80 jumped SP. (no TS)
Attached Image (click to enlarge)
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  • #17,803
  • Sep 10, 2014 5:45am Sep 10, 2014 5:45am
Trade #2

GBPJPY +5 TP

Attached Image (click to enlarge)
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Comment: Allowed PA to bring me into the trade, note the candle I took for entry and why? Couldn't resist this GBP pair but will avoid most for a short time.

Done for the day!

Masterrmind..........
Master your Mind then Master your Trades
  • #17,804
  • Sep 10, 2014 5:56am Sep 10, 2014 5:56am
Quoting bugyibuci
{quote} You are absolutely right. The market is too choppy, I shouldn't have taken my GU trade either.
Hooked myself also on this trade..looks like when retrace is strong (20 pips or more) and there is no doji/shooting star formation, better not to enter that trade(same stuff from GJ):
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  • #17,805
  • Sep 10, 2014 5:57am Sep 10, 2014 5:57am
Quoting iwan73
I put pending order: GJ Long 171.70 Why? Up trend and nice pin bar on H1 chart. Lets see.
I really like this pinbar on H1 so i decided to reenter long from .70 level.
TP collected
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.lmxM15.png Size: 61 KB
  • #17,806
  • Sep 10, 2014 7:00am Sep 10, 2014 7:00am
Quoting Udine
Hi Jibala, welcome back Udine
Hello Udine,

a lot of posts to read. But what I can read, most of you guys doing well and also trading profitable. It seems your newly added indicators are a good help.

Our office is doing great as well, we are almost done for the month, 87.5% at current. Almost every day starting at 3pm, less than 2 hours of work and then leisure again. Wow, that's really amazing.

Best of luck to everybody! Continue with your good work guys.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #17,807
  • Sep 10, 2014 7:18am Sep 10, 2014 7:18am
Quoting JibalaPasan
{quote} Our office is doing great as well, we are almost done for the month, 87.5% at current. Almost every day starting at 3pm, less than 2 hours of work and then leisure again. Wow, that's really amazing. Best of luck to everybody! Continue with your good work guys. Jibala
JibalaPasan,

Good to see you drop in today. Great to hear that your office is doing so well. I sent you a PM.

Bruce
  • #17,808
  • Sep 10, 2014 7:32am Sep 10, 2014 7:32am
Quoting JibalaPasan
{quote} Hello Udine, a lot of posts to read. But what I can read, most of you guys doing well and also trading profitable. It seems your newly added indicators are a good help. Our office is doing great as well, we are almost done for the month, 87.5% at current. Almost every day starting at 3pm, less than 2 hours of work and then leisure again. Wow, that's really amazing. Best of luck to everybody! Continue with your good work guys. Jibala

Hi Jibala,

great to hear you guys/girls are doing so good..

dont start spending all the profits in all that free time

stay green

Udine
Sleep less, live fast, as it aint gonna last
  • #17,809
  • Sep 10, 2014 7:35am Sep 10, 2014 7:35am
Trade #3 [Bonus Trade #1]

AUDUSD +5 TP

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


Trade #4 [Bonus Trade #2]

NZDCAD +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 51 KB


Comment: AU trade below RgL ... but NY Open!

Masterrmind..........
Master your Mind then Master your Trades
  • #17,810
  • Sep 10, 2014 7:38am Sep 10, 2014 7:38am
EURUSD and NZDUSD into TP.
Maybe one more trade for today, but we will see how the PA will be developed.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #17,811
  • Sep 10, 2014 7:39am Sep 10, 2014 7:39am
Trade #3

EU short @ 1.29300 TS +1p (second trade from the same level, only this time on NYO)
Attached Image (click to enlarge)
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I liked that previous H1 bear candle with the tiny wick downside and the break through DO, which IMHO means that price action has momentum to continiue movement downwards. Now I see, that would have hit TP, if I didnt use TS, but as Udine says "better safe than sorry"

Guess thats it for me today 1TP; 2TS
  • #17,812
  • Sep 10, 2014 8:21am Sep 10, 2014 8:21am
Quoting JibalaPasan
{quote} Hello Udine, a lot of posts to read. But what I can read, most of you guys doing well and also trading profitable. It seems your newly added indicators are a good help. Our office is doing great as well, we are almost done for the month, 87.5% at current. Almost every day starting at 3pm, less than 2 hours of work and then leisure again. Wow, that's really amazing. Best of luck to everybody! Continue with your good work guys. Jibala
That's incredible.
have you added extra rules to Udine's method?
Thanks in advanced
  • #17,813
  • Edited 8:56am Sep 10, 2014 8:38am | Edited 8:56am
HI guys,

DEMO

Trade # 3 EC to TS +0,2 (would be TP without TS but like udine said "betetr safe then sorry" )

Trade # 4 EG to TP +5,0


Greetz Michael
Attached Image(s) (click to enlarge)
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  • #17,814
  • Sep 10, 2014 8:57am Sep 10, 2014 8:57am
Quoting mwsteiner
HI guys, Trade # 3 EC to TS +0,2 (would be TP without TS but like udine said "betetr safe then sorry" ) Trade # 4 EG to TP +5,0 Greetz Michael {image} {image}
EC trade against rule 2. If you had take the trade the next candle it would be a winner.
  • #17,815
  • Sep 10, 2014 9:05am Sep 10, 2014 9:05am
EURAUD LONG @.100 +5 TP.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 31 KB

Switched down to M5 to get proper insight to PA. Price found support above BRN forming a range, then M5 breakout from the range with confirmed continuation at .100 level made an entry for me.
  • #17,816
  • Sep 10, 2014 9:08am Sep 10, 2014 9:08am
All in one level trading
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 69 KB
Click to Enlarge Name: USDJPY.png Size: 69 KB
Attached File(s)
File Type: ex4 LEVEL TRADING 1.6.ex4   81 KB | 510 downloads
  • #17,817
  • Sep 10, 2014 9:30am Sep 10, 2014 9:30am
Quoting Murksler
{quote} EC trade against rule 2. If you had take the trade the next candle it would be a winner.
Thanks Murksler!

thats the reason i trade demo TY!



Greetz Michael
  • #17,818
  • Sep 10, 2014 9:41am Sep 10, 2014 9:41am
EURCAD SHORT @ .900 +5 TP.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 39 KB

Took the entry watching M1 PA. Ranging below BRN then breakdown from the range. I got entry at .888 so almost 1 pip slippage where I originally put the sell stop (.895).
Applied manual position management ie. only set BE after the second breakdown of the level.
  • #17,819
  • Sep 10, 2014 9:47am Sep 10, 2014 9:47am
Quoting antoniomago
{quote} That's incredible. have you added extra rules to Udine's method? Thanks in advanced
There are no changes in the rules, just some more filters to get the good trades only!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #17,820
  • Sep 10, 2014 9:49am Sep 10, 2014 9:49am
Quoting Carpathian
EURCAD SHORT @ .900 +5 TP. {image} Took the entry watching M1 PA. Ranging below BRN then breakdown from the range. I got entry at .888 so almost 1 pip slippage where I originally put the sell stop (.895). Applied manual position management ie. only set BE after the second breakdown of the level.
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