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As simple as possible: 00 level trading

  • #20,201
  • Oct 24, 2014 3:22am Oct 24, 2014 3:22am
Quoting JibalaPasan
{quote} Just for you! {image} Jibala
Thank you!

Greetz Michael
  • #20,202
  • Oct 24, 2014 3:25am Oct 24, 2014 3:25am
Trade #3 o/t day: NU to TP.

flx69
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 87 KB
  • #20,203
  • Oct 24, 2014 3:26am Oct 24, 2014 3:26am
AU - TP

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  • #20,204
  • Oct 24, 2014 3:29am Oct 24, 2014 3:29am
Quoting Andrew79
AU - TP {image}
Nice Andrew, were you aware that the DP stood at 3 pips above the pending ? This was the reason I didnīt take this one.

flx69
  • #20,205
  • Oct 24, 2014 3:32am Oct 24, 2014 3:32am
Quoting Alorente
{quote} Thanks for the king words, flx. You have been working with this system for a while... What kind of returns are you getting? Percentage of winners? Etc...
Working on it Alorente. Returns vary obviously depending on position size
Hit rate 76-80%% or so and still fine tuning (definitely need to try your indi) !

Which CCAA are you from ?

flx69
  • #20,206
  • Oct 24, 2014 3:34am Oct 24, 2014 3:34am
Quoting flx69
{quote} Nice Andrew, were you aware that the DP stood at 3 pips above the pending ? This was the reason I didnīt take this one. flx69
No, I wasn't, I don't use pivots , but maybe I should . This set up had a lot of going for it , ABCD pattern , in sync with AJ. Couldn't say no.
  • #20,207
  • Oct 24, 2014 3:38am Oct 24, 2014 3:38am
Quoting JibalaPasan
Gud day everybody! Although I know rule no. 3 I couldn't resist! GBPUSD short @300. {image} Gud luck and many green pips for all! Jibala
Ah, Iīm really disappointed JiPa !
Is this really the only trade you took so far ? No Aussie, Kiwi or CAD crosses at all ???

flx69
  • #20,208
  • Oct 24, 2014 3:55am Oct 24, 2014 3:55am
Quoting flx69
{quote} Working on it Alorente. Returns vary obviously depending on position size Hit rate 76-80%% or so and still fine tuning (definitely need to try your indi) ! Which CCAA are you from ? flx69
Thanks. I would love to see your results when you have them. Yes. the Top 8 Trender indi is cool. I cannot get myself to EVER enter a trade against a strong Daily trend. Thatīs why I use it.

What do you mean by CCAA?

I am from Madrid and live in Madrid, if that is what you are asking... Well, actually I am a US citizen. I lived in the USA for 35 years.
Observation is the path to discovery.
  • #20,209
  • Oct 24, 2014 3:59am Oct 24, 2014 3:59am
Alfredo without your dashboard, would not find this.... Thanks. It is good to screen pairs.

#1 AZ
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Click to Enlarge Name: AUDNZD+M15.png Size: 46 KB
  • #20,210
  • Oct 24, 2014 4:00am Oct 24, 2014 4:00am
Quoting snail69
Alfredo without your dashboard, would not find this.... Thanks. It is good to screen pairs. #1 AZ {image}
Yes. Once you get used to using it, you canīt live without it.
Observation is the path to discovery.
  • #20,211
  • Oct 24, 2014 4:08am Oct 24, 2014 4:08am
Quoting snail69
Alfredo without your dashboard, would not find this.... Thanks. It is good to screen pairs. #1 AZ {image}
I am starting to develop a routine with the system. 10 minutes before London open, I take 6 pairs from the Top 8 Daily column and place the stop orders on the 00 levels in the direction indicated by the color of the pair. Once London opens and the first two orders are filled, I delete all the others. It works well, and I am sure that I am not entering against the strong Daily trend, which I consider to be anathema to consistent profitable results. So far I have 4 winners out of 4.
Observation is the path to discovery.
  • #20,212
  • Oct 24, 2014 4:11am Oct 24, 2014 4:11am
Has anyone tryed with a 10 pips stop and 10 pips target or 5 pips stop and 5 pips target or will it make the win rate so low that it losing its meaning ?


Best regards
  • #20,213
  • Oct 24, 2014 4:20am Oct 24, 2014 4:20am
Can someone be good enough to explain to me what cells are supposed to be filled out on the Excel supplied by Udine? I fill out all the cells in the Daily Fills tab, but it doesnīt update the main body of the spreadsheet. I would appreciate the help.

Thanks.
Attached File(s)
File Type: xlsx Account Tracking FF_V2.xlsx   380 KB | 753 downloads
Observation is the path to discovery.
  • #20,214
  • Oct 24, 2014 4:21am Oct 24, 2014 4:21am
Quoting Alorente
{quote} I am starting to develop a routine with the system. 10 minutes before London open, I take 6 pairs from the Top 8 Daily column and place the stop orders on the 00 levels in the direction indicated by the color of the pair. Once London opens and the first two orders are filled, I delete all the others. It works well, and I am sure that I am not entering against the strong Daily trend, which I consider to be anathema to consistent profitable results. So far I have 4 winners out of 4.
May you have screenshots of this trades?
With this you also use TP5/SL10?


Greetz Michael
  • #20,215
  • Oct 24, 2014 4:31am Oct 24, 2014 4:31am
Quoting snail69
Alfredo without your dashboard, would not find this.... Thanks. It is good to screen pairs. #1 AZ {image}
Hi Snail,

Why did you open ur trade on the fourth candle of M15 ?
Dont we supposed to set pending orders at the beginning of the first candle ?
Trying to learn ur thinking process ...

Thanks in advance!
  • #20,216
  • Oct 24, 2014 4:38am Oct 24, 2014 4:38am
Quoting mwsteiner
{quote} May you have screenshots of this trades? With this you also use TP5/SL10? Greetz Michael
I posted the screenshots but here they are again.

I donīt use trailing stop. Just the 10 pip SL and the 5 pip TP.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcadc-h1.png Size: 70 KB
Click to Enlarge Name: audusdc-h1.png Size: 35 KB
Click to Enlarge Name: gbpnzdc-h1.png Size: 78 KB
Observation is the path to discovery.
  • #20,217
  • Oct 24, 2014 4:40am Oct 24, 2014 4:40am
Quoting Alorente
Can someone be good enough to explain to me what cells are supposed to be filled out on the Excel supplied by Udine? I fill out all the cells in the Daily Fills tab, but it doesnīt update the main body of the spreadsheet. I would appreciate the help. Thanks. {file}
you shoud fill the "Actual Date" in the "Growth Plan..."
you can do it manual every day you trade or you can use a formula to automaticly fill the working days
  • #20,218
  • Oct 24, 2014 4:59am Oct 24, 2014 4:59am
Quoting flx69
{quote} Ah, Iīm really disappointed JiPa ! Is this really the only trade you took so far ? No Aussie, Kiwi or CAD crosses at all ??? flx69
No other trades! More risk per trade = more choosy! The Dashboard has been modified and only shows signals on level 1. There were 2 more signals this morning I sorely missed (USDCAD & AUDJPY). Waiting on NYO now.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #20,219
  • Oct 24, 2014 4:59am Oct 24, 2014 4:59am
Quoting Alorente
{quote} I posted the screenshots but here they are again. I donīt use trailing stop. Just the 10 pip SL and the 5 pip TP. {image} {image} {image}
Thanky you Sir!

Greetz Michael
  • #20,220
  • Oct 24, 2014 5:19am Oct 24, 2014 5:19am
Quoting Alorente
Can someone be good enough to explain to me what cells are supposed to be filled out on the Excel supplied by Udine? I fill out all the cells in the Daily Fills tab, but it doesnīt update the main body of the spreadsheet. I would appreciate the help. Thanks. {file}
Hi Alorente,

I don't think it is meant to update from the Daily Fills to the 'Growth Plan & Statistics' tab. I just add up the figures from the Daily fills page and transfer it to the main page. This will update your cumulative profits on the left.
I hope this helps.
Thanks
BB
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