As simple as possible: 00 level trading | Page 902 | Forex Factory

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As simple as possible: 00 level trading

  • #18,021
  • Sep 12, 2014 4:52am Sep 12, 2014 4:52am
No opportunities for me atm. Will check again in 1 hour.

Gl for the rest of you.
  • #18,022
  • Sep 12, 2014 5:41am Sep 12, 2014 5:41am
Quoting Udine
{quote} Sorry I missed your post... not in the best shape at the moment.. here the situation of that example (which btw was simply an explanation of of the 00 level and where to set a pending order).... the date was 5th september... here in the pic. from left to right: EU/EJ/GJ/GU {image} What do you see ?? I see EU going above DO EJ coming below DO GJ coming below DO GU below DO hope that answers your question.. Udine

Yeah, in your words it looks very simple)
Big thanks for your answer.
  • #18,023
  • Sep 12, 2014 5:44am Sep 12, 2014 5:44am
Trade #3 [Bonus Trade #1]

CHFJPY +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 52 KB


Masterrmind.............
Master your Mind then Master your Trades
  • #18,024
  • Sep 12, 2014 5:48am Sep 12, 2014 5:48am
ok guys i am out of here..

enjoy the weekend

speak on monday

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #18,025
  • Sep 12, 2014 5:50am Sep 12, 2014 5:50am
Quoting Udine
ok guys i am out of here.. enjoy the weekend speak on monday cheers Udine

Have a good one Udine!

Greetz Michael
  • #18,026
  • Sep 12, 2014 5:57am Sep 12, 2014 5:57am
Quoting Udine
ok guys i am out of here.. enjoy the weekend speak on monday cheers Udine
Rest up well and see you on Monday........

Masterrmind..........
Master your Mind then Master your Trades
  • #18,027
  • Sep 12, 2014 6:30am Sep 12, 2014 6:30am
EURUSD into TP.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 89 KB
  • #18,028
  • Sep 12, 2014 6:34am Sep 12, 2014 6:34am
Trade #4 [Bonus Trade #2]

EURAUD +5 TP

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


Masterrmind..........
Master your Mind then Master your Trades
  • #18,029
  • Sep 12, 2014 7:32am Sep 12, 2014 7:32am
Quoting flx69
Whilst we´re all riding out the news. Are there any "coding guys" here who could add H4 (and possibly M15) to the UFX multimeter ? Nobody here would take a trade against the H4 candle, but only the H1 and D1 show. Thanks in advance. flx69 {file} {file}
The original coder showed all of the timeframes.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.png Size: 51 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,030
  • Sep 12, 2014 7:37am Sep 12, 2014 7:37am
GJ +5 TP. After a long pinbar down i guessed a bounce (used script with TP = 5 pips this time because little confidence).
And with red news what an effort to find tradable setups on the 4 pairs (GJ, EJ, GU, EU).
Attached Image (click to enlarge)
Click to Enlarge Name: GJ_TP.jpg Size: 135 KB
Porta itineris dicitur longissima esse
  • #18,031
  • Edited 9:21am Sep 12, 2014 7:37am | Edited 9:21am
Hello All,

Better avoid trading during US red news ON ALL PAIRS due to spread widening. The below AUDCHF and AUDNZD trades were -10 SL both immediately due to spread widening to 13 pips on both pairs.
Also notice the slippage how bad the stop orders were filled.

I think this was already discussed in this thread. I just forgot about it.

Have a nice weekend,
Áron

ps. and it is even worse, I lost -30 pips on two positions due to slippages. So it is not only that you get kicked out of the position however you may suffer a bigger loss than your set SLs.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 32 KB
  • #18,032
  • Sep 12, 2014 7:38am Sep 12, 2014 7:38am
Hi all,

Trade #1 EN - SL

Anyone know my fault??


Greetz Michael
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDH1SL.png Size: 80 KB
  • #18,033
  • Sep 12, 2014 7:41am Sep 12, 2014 7:41am
Quoting Carpathian
Hello All, Better avoid trading during US red news ON ALL PAIRS due to spread widening. The below AUDCHF and AUDNZD trades were -10 SL both immediately due to spread widening to 13 pips on both pairs. Also notice the slippage how bad the stop orders were filled. I think this was already discussed in this thread. I just forgot about it. Have a nice weekend, Áron {image} {image}

Ok thanks, maybe thats also my reason for SL.


Greetz Michael
  • #18,034
  • Sep 12, 2014 8:01am Sep 12, 2014 8:01am
Trade #5 [Bonus Trade #3]

GBPAUD +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 62 KB


Trade #6 [Bonus Trade #4]

AUDNZD +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 50 KB


Masterrmind...........
Master your Mind then Master your Trades
  • #18,035
  • Sep 12, 2014 8:22am Sep 12, 2014 8:22am
Hi Mastermind,


may i know what indicator do you use to list so many pairs of H1 and D1?

thanks alot!
  • #18,036
  • Sep 12, 2014 8:23am Sep 12, 2014 8:23am
done for today
Attached Image
Timing
  • #18,037
  • Sep 12, 2014 8:52am Sep 12, 2014 8:52am
Quoting stanvy
Hi Mastermind, may i know what indicator do you use to list so many pairs of H1 and D1? thanks alot!
It's the Psy levels Dashboard available in this thread but easier to click the paper clip and scroll through the indicator section until you find it.

All the best,

Masterrmind..........
Master your Mind then Master your Trades
  • #18,038
  • Sep 12, 2014 8:59am Sep 12, 2014 8:59am
Quoting Masterrmind
{quote} It's the Psy levels Dashboard available in this thread but easier to click the paper clip and scroll through the indicator section until you find it. All the best, Masterrmind..........

thanks Mastermind, appreciate
  • #18,039
  • Sep 12, 2014 9:01am Sep 12, 2014 9:01am
Quoting mwsteiner
Hi all, Trade #1 EN - SL Anyone know my fault?? Greetz Michael {image}
Michael,

Although it´s not a rule in the 00-level system, I would advise against trading all pairs during US red news.
I´ve traded many pairs and it´s very much a lottery due to unexpected fluctuations...

flx69
  • #18,040
  • Sep 12, 2014 9:14am Sep 12, 2014 9:14am
Quoting Udine
late this morning.. having too much allergy... so not trading today.. only watching cheers stay green Udine
Hi Udine! Sorry to hear you have that allergy. Feel better.
See you guys in a week. Vacation time.
Green pips to all.
Alec
Look for reasons not to take a trade.
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