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As simple as possible: 00 level trading

  • #19,321
  • Oct 7, 2014 2:50am Oct 7, 2014 2:50am
Quoting iwan73
I was ready to enter short GJ on LO open but lack of sync with GU stoped me to do that.
Me too
  • #19,322
  • Oct 7, 2014 2:50am Oct 7, 2014 2:50am
Trade #1

AUDUSD +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 55 KB


Comment: 3rd M15 candle in and straight to TP!

Masterrmind...........
Master your Mind then Master your Trades
  • #19,323
  • Oct 7, 2014 2:50am Oct 7, 2014 2:50am
Quoting JibalaPasan
Trade #1 EURUSD TP. {image} 100% safe trade on level 2! Jibala
@400 was the first level of that hour, not?
  • #19,324
  • Oct 7, 2014 2:55am Oct 7, 2014 2:55am
Quoting Morcos
{quote} @400 was the first level of that hour, not?
Yes, 1st level of the hour but 2nd level counted from DO.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #19,325
  • Oct 7, 2014 3:19am Oct 7, 2014 3:19am
Quoting Masterrmind
Trade #1 AUDUSD +5 TP {image} Comment: 3rd M15 candle in and straight to TP! Masterrmind...........
Hi MM

I examined your trade on M5 and i realized that your entry was when price moved through 8800 level for 3rd time during H1. I think that it is less risker to enter on 1st break 00 level.
My question is :
Do your opinion is the same as mine?
If Yes, why did you take higher risk trade.

Iwan
  • #19,326
  • Oct 7, 2014 3:30am Oct 7, 2014 3:30am
Short entry EJ TP.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.lmxM15.png Size: 58 KB
  • #19,327
  • Oct 7, 2014 3:39am Oct 7, 2014 3:39am
3 trades today.
in EC and UC I skipped rules go along with ASH hi red. I saw clearly the weakness of CAD, UC went well, EC no ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADH1.png Size: 41 KB
Click to Enlarge Name: AUDNZDH1.png Size: 41 KB
Click to Enlarge Name: EURCADH1.png Size: 40 KB
  • #19,328
  • Oct 7, 2014 4:04am Oct 7, 2014 4:04am
Hi everyone,

I've read the first and last pages of this thread and I do like the method. I understand that it's profitable with a 75+% hit rate. But that's 1 loss in 4 trades, so 10 pips. So 3 wins @ 5 pips leaves you with a total profit of 5 pips. Udine, you want 2 wins to reach your target. So, do you make an average of 8 trades per day? If not so, what am I missing?
  • #19,329
  • Oct 7, 2014 4:11am Oct 7, 2014 4:11am
Quoting Masterrmind
Trade #1 AUDUSD +5 TP {image} Comment: 3rd M15 candle in and straight to TP! Masterrmind...........
Buenos días familia,

Nice trade MM, same here ;-)

AU flashed to TP.

Green pips to all of you today.

flx69
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 43 KB
  • #19,330
  • Oct 7, 2014 4:13am Oct 7, 2014 4:13am
Good morning everyone,

Trade #1: EJ short +4.5 pips. Closed manually as it was in the support area, and I wasn't sure if it will make it to full TP (it actually did)
Comment: RmDn was still green when I entered the trade.
Thanks
BB.
Attached Image
  • #19,331
  • Oct 7, 2014 4:14am Oct 7, 2014 4:14am
Ciao a tutti, ringrazio Udine e tutti per questo meraviglioso 3d. MI scuso se scrivo in italiano, ho letto TUTTI i post in inglese con l'aiuto del traduttore di google e sto testando il TS in demo con buoni risultati. da domani comincerò in real, e ...SE MI è PERMESSO...vorrei postare i risultati qui.
Grazie ancora udine per la condivisione e grazie a coloro che hanno collaborato per renderla sempre più comprensibile.

Hello everyone, sorry for my english is not correct
thank you all for this wonderful Udine and 3d. MI apologize if I write in Italian, I read ALL the posts in English with the help of the translator googleWhew! Smile and I'm testing the demo for TS with good results. tomorrow I will start in real, and ... if I may ... I would post the results here.

Udine Thanks again for sharing and thanks to those who have worked to make it more understandable.
  • #19,332
  • Oct 7, 2014 4:17am Oct 7, 2014 4:17am
Trade #2

EURAUD +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 57 KB


Trade #3 [Bonus trade #1]

CADJPY +5 TP

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


Comment: Done for the day!

Masterrmind.........
Master your Mind then Master your Trades
  • #19,333
  • Oct 7, 2014 4:19am Oct 7, 2014 4:19am
Quoting Masterrmind
Trade #2 EURAUD +5 TP {image} Trade #3 [Bonus trade #1] CADJPY +5 TP {image} Comment: Done for the day! Masterrmind.........
lol. Your EA short is soooo far down that I cannot even see the D.O. line anymore.
As long as it´s profitable though

flx69
  • #19,334
  • Oct 7, 2014 4:20am Oct 7, 2014 4:20am
Quoting flx69
{quote} Buenos días familia, Nice trade MM, same here ;-) AU flashed to TP. Green pips to all of you today. flx69 {image}
Its always nice when they hit TP !

Well done to you too.....

Masterrmind..........
Master your Mind then Master your Trades
  • #19,335
  • Oct 7, 2014 4:21am Oct 7, 2014 4:21am
GJ SL -10
Comment: 6th level down from DO ... maybe difficult to continue, but there was still 60 pips of room down
Attached Image (click to enlarge)
Click to Enlarge Name: GJ_SL.png Size: 55 KB
Porta itineris dicitur longissima esse
  • #19,336
  • Oct 7, 2014 4:22am Oct 7, 2014 4:22am
Quoting flx69
{quote} lol. Your EA short is soooo far down that I cannot even see the D.O. line anymore. As long as it´s profitable though flx69
The distance from the DO (around the 300 level not shown on my chart still have issues with some indi's on my chart since the upgrade) is not the main concern to me.

Of course you need to be careful and analyse correctly but PA is the king of my charts at the end of the day!

Masterrmind..........
Master your Mind then Master your Trades
  • #19,337
  • Oct 7, 2014 4:28am Oct 7, 2014 4:28am
Hello everyone.
One quick question...

Usually how long do you wait after a candle opens to setup a trade? Especially on H1 chart..... 5 mins, 15 mins?
I know it depends on many factors, but would like some insight from more experienced traders. I'm new to trading.

Ty

Asmodai
  • #19,338
  • Oct 7, 2014 4:32am Oct 7, 2014 4:32am
flx69, I have sent PM to you.
  • #19,339
  • Oct 7, 2014 5:12am Oct 7, 2014 5:12am
if the price action is right your pending order should be in close to hours end IMO ... after all ur not going to enter right at hours end just imo, the entry should be far enuff away to give you time to cancel if candle goes wrong way
Whats That? you're trading What?
  • #19,340
  • Oct 7, 2014 5:14am Oct 7, 2014 5:14am
Quoting Asmodai
Hello everyone. One quick question... Usually how long do you wait after a candle opens to setup a trade? Especially on H1 chart..... 5 mins, 15 mins? I know it depends on many factors, but would like some insight from more experienced traders. I'm new to trading. Ty Asmodai

Hi Asmodai,

you dont wait, you anticipate... you can set the pending order immediately

Cheers

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