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As simple as possible: 00 level trading

  • #20,081
  • Oct 21, 2014 6:44am Oct 21, 2014 6:44am
Quoting Anusragger
{quote} My take on it was lower low - lower high: new trend down.

you should look for reasons not to take a trade, not the other way around !!!

Udine
Sleep less, live fast, as it aint gonna last
  • #20,082
  • Edited 7:28am Oct 21, 2014 7:13am | Edited 7:28am
eu +5 today 3 wins on eu

rmdn=0 last time for sell

total

eu 3
cj 1
gu +1 -1
uc ts

total 1.97%

ciao
  • #20,083
  • Oct 21, 2014 8:37am Oct 21, 2014 8:37am
OK guys and girls, I´m out.

Green pips to all and speak tomorrow.

flx69
  • #20,084
  • Oct 21, 2014 9:19am Oct 21, 2014 9:19am
ciao a tutti,

speak tomorrow

stay green

Udine
Sleep less, live fast, as it aint gonna last
  • #20,085
  • Oct 21, 2014 9:21pm Oct 21, 2014 9:21pm
Very quiet Tokyo Session today apart from the AUD red news spike which of course we don't trade in this strategy.

Maybe FF will offer some trades .... if not then London........

Good luck to everyone trading today......

Masterrmind...........
Master your Mind then Master your Trades
  • #20,086
  • Oct 21, 2014 11:18pm Oct 21, 2014 11:18pm
Trade #1

NZDUSD +5 TP

Attached Image (click to enlarge)
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Masterrmind..........
Master your Mind then Master your Trades
  • #20,087
  • Oct 21, 2014 11:45pm Oct 21, 2014 11:45pm
Quoting Masterrmind
Trade #1 NZDUSD +5 TP {image} Masterrmind..........
Hi MM,

Did you consider this as Low Risk entry ? because it has to wait more than 1 hour to reach the target....
And it almost hit ur SL.

Tks,
  • #20,088
  • Oct 21, 2014 11:58pm Oct 21, 2014 11:58pm
Good morning everyone!

Hope we all have a green day.

BB
  • #20,089
  • Oct 22, 2014 12:00am Oct 22, 2014 12:00am
Quoting budim2006
{quote} Hi MM, Did you consider this as Low Risk entry ? because it has to wait more than 1 hour to reach the target.... And it almost hit ur SL. Tks,
was thinking the same ... and more important why did you decide to take this trade ? (bullish engulfing ?)
Porta itineris dicitur longissima esse
  • #20,090
  • Oct 22, 2014 12:09am Oct 22, 2014 12:09am
G´Day!

Trade #1 GJ to TP


Greetz Michael
Attached Image (click to enlarge)
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  • #20,091
  • Oct 22, 2014 12:19am Oct 22, 2014 12:19am
Trade #1 GJ +5 TP
Comment: this morning i was careful before placing the order checking there wasn't a sudden reversal (thanks MM ). Another thing is to consider to increase TP to 10 for this pair, but this is personal taste.
Attached Image (click to enlarge)
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Porta itineris dicitur longissima esse
  • #20,092
  • Oct 22, 2014 12:31am Oct 22, 2014 12:31am
Buenos dias familia,

Trade #1 o/t day: GJ to TP
Trade #2 o/t day: GC out by TS
Trade #3 o/t day: GA hit SL

flx69
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  • #20,093
  • Oct 22, 2014 12:43am Oct 22, 2014 12:43am
Tryin to be a 'Picky' trader ..... Trade #1 USDJPY Tp 6 SL 12.
Attached Image (click to enlarge)
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  • #20,094
  • Oct 22, 2014 1:11am Oct 22, 2014 1:11am
Just lost the race downward for EJ, EU ..
But the question is: how can you foresee such a move while looking at the flat going close to the DO line of these pairs ? Does anybody here could get in before it happened ?

Best,
Bubincka
Porta itineris dicitur longissima esse
  • #20,095
  • Oct 22, 2014 1:17am Oct 22, 2014 1:17am
CHFJPY Short 112.60 TP

Attached Image (click to enlarge)
Click to Enlarge Name: 22 Oct CHFJPY.png Size: 25 KB


- Waited for too long to place a pending order, so entered at market, hence the entry below the level.
- Ignore RgH and RgL, they are mis-behaving and aren't correct.
  • #20,096
  • Oct 22, 2014 1:22am Oct 22, 2014 1:22am
Quoting bubincka
Just lost the race downward for EJ, EU .. But the question is: how can you foresee such a move while looking at the flat going close to the DO line of these pairs ? Does anybody here could get in before it happened ? Best, Bubincka

you cannot forsee a move like that..

EU was not entry, as the first entry was @.100 level = no trade
EJ entry was @ .900, which you might have been able to set just before or right at the close of the previous hour candle

this happens, there will be others

Udine
Sleep less, live fast, as it aint gonna last
  • #20,097
  • Oct 22, 2014 1:44am Oct 22, 2014 1:44am
Trade #2 UC TP, playing on RN, saw momentum up.....
Ignore the Tokyo, FF, London open time, they're misbehave. need a little adjustment.
Attached Image (click to enlarge)
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  • #20,098
  • Oct 22, 2014 1:48am Oct 22, 2014 1:48am
Quoting Juan007
eu +5 today 3 wins on eu rmdn=0 last time for sell total eu 3 cj 1 gu +1 -1 uc ts total 1.97% ciao
hi juan:
well done!how about your nihilist ultra trending and psm?
thank you!
  • #20,099
  • Oct 22, 2014 1:53am Oct 22, 2014 1:53am
Quoting budim2006
{quote} Hi MM, Did you consider this as Low Risk entry ? because it has to wait more than 1 hour to reach the target.... And it almost hit ur SL. Tks,
It was the lowest risk trade of all the trades I analysed prior to FF session.

As for Bullish engulfing do you know what that means?

I went long for a trade I expected to go long after a minor retrace.

But PA went lower and re-tested lower levels before FF and my SL was tucked away nicely under this level which is where I like it to be.

I prefer to see a max of 5 pips (prefer less) in draw down however this trade went further.....that's the risk you have to be prepared to take or walk away is always the other option...I chose to trade it!

Good Trading,

Masterrmind............
Master your Mind then Master your Trades
  • #20,100
  • Oct 22, 2014 2:09am Oct 22, 2014 2:09am
Quoting bubincka
Just lost the race downward for EJ, EU .. But the question is: how can you foresee such a move while looking at the flat going close to the DO line of these pairs ? Does anybody here could get in before it happened ? Best, Bubincka
Thats the opposite of the system! Look my chart, 1st 00-level @200 too close to OPEN. 2nd 00-level is @100 already, thus no trade! 3rd 00-level @000 BRN? Only 1st break, so I didn't get anhthing of that nice move, although it was a very clear short! Just to stay with the rules! @900 I will not take anymore because of resistance zone.

Attached Image (click to enlarge)
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On the other hand there are pairs enough to choose from, thus I took a nice level 1 signal on AUDUSD.

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Attached Image


Half way done! Let's see if there will be some more.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
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