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As simple as possible: 00 level trading

  • #20,481
  • Oct 30, 2014 5:36am Oct 30, 2014 5:36am
Quoting Udine
{quote} no I wont, or she will start spending even more Udine
ahhh Clever man !

Demarko
'Simplicity is the ultimate sophistication'
  • #20,482
  • Oct 30, 2014 7:06am Oct 30, 2014 7:06am
Just gotta love this !

GBPUSD to Take Profit in 1 minute.

Daily target reached, done for today.

flx69
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  • #20,483
  • Oct 30, 2014 7:11am Oct 30, 2014 7:11am
Quoting flx69
Just gotta love this ! GBPUSD to Take Profit in 1 minute. Daily target reached, done for today. flx69 {image}

nice..

well done

Udine
Sleep less, live fast, as it aint gonna last
  • #20,484
  • Oct 30, 2014 7:20am Oct 30, 2014 7:20am
Quoting flx69
Just gotta love this ! GBPUSD to Take Profit in 1 minute. Daily target reached, done for today. flx69 {image}
I am checking each day how you take trades here and this one looks a bit risky(according what were you taking previously) as first level is just next to Do and there was little spike about 0.1 level
  • #20,485
  • Oct 30, 2014 10:22am Oct 30, 2014 10:22am
ok I'm out of here..

stay green

Udine
Sleep less, live fast, as it aint gonna last
  • #20,486
  • Oct 30, 2014 10:48am Oct 30, 2014 10:48am
Hello All,

Thanks for this simple thread. I am a complete newbie on Metatrader. I downloaded indicators from first post and put them in what I assume were the correct folders. I then applied the template in MT.

However I can't see the same screen as Udine and others.

Plus my values in top and bottom left corners as well as the colour of my h1 and d1 candle are fixed and dont change.

Also I dont have the 00 level lines (do I need to put these in manually.

Amfx
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  • #20,487
  • Oct 30, 2014 11:52am Oct 30, 2014 11:52am
Quoting amfx
Hello All, Thanks for this simple thread. I am a complete newbie on Metatrader. I downloaded indicators from first post and put them in what I assume were the correct folders. I then applied the template in MT. However I can't see the same screen as Udine and others. Plus my values in top and bottom left corners as well as the colour of my h1 and d1 candle are fixed and dont change. Also I dont have the 00 level lines (do I need to put these in manually. Amfx {image}

Hello amfx,

you need to add these indicators: sweetspotGOLD, M-Candles, AnyCandle, Daily open line
  • #20,488
  • Oct 30, 2014 1:02pm Oct 30, 2014 1:02pm
Thanks,

I managed to solve it. A lot of the videos on youtube show a different location for the indicators folder. I was putting it there.

I think they have changed where the indicators folder is located in new MT versions
  • #20,489
  • Oct 30, 2014 1:29pm Oct 30, 2014 1:29pm
Quoting amfx
Thanks, I managed to solve it. A lot of the videos on youtube show a different location for the indicators folder. I was putting it there. I think they have changed where the indicators folder is located in new MT versions
Yes, it was changed from 600 version. You can find it, if you use in the terminal menu select to view "File" - "Open the data directory" and then you know where is your MQL4 located
  • #20,490
  • Oct 30, 2014 5:05pm Oct 30, 2014 5:05pm
Late night trade!

Trade #1 NU to SL

Bad luck or bad trade?


Greetz Michael
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  • #20,491
  • Oct 30, 2014 5:15pm Oct 30, 2014 5:15pm
Quoting mwsteiner
Late night trade! Trade #1 NU to SL Bad luck or bad trade? Greetz Michael {image}
You went long @ 0.784?

From what I see: Below DO, and the price action was bearish to the left (dojo/pin and then a bearish candle)
  • #20,492
  • Oct 30, 2014 5:21pm Oct 30, 2014 5:21pm
Quoting scottik187
{quote} You went long @ 0.784? From what I see: Below DO, and the price action was bearish to the left (dojo/pin and then a bearish candle)

short from 0.78300
  • #20,493
  • Oct 30, 2014 5:25pm Oct 30, 2014 5:25pm
Quoting mwsteiner
{quote} short from 0.78300
In that case ... seems like an unlucky one to me.
  • #20,494
  • Oct 30, 2014 5:59pm Oct 30, 2014 5:59pm
hi udine, thx for the very simple method...
i've read the thread from page 1 til page 50
but i cant find an answer for my question...as you know there are 1025 pages on your thread
so please help me with this several question
1. if we are going to set the pending order buy at for example 137.800 on any chart an we know there is a spread between ask and bid, so are we set the buy stop @137.800 or @137.800+ our spread
2. on your strategy you've said Frankfurt open only .400/.500/.600 levels what is that means ?? for the example above the open daily is 137.800 and below the open daily 137.700??
3.no short @.100 and no long @.900 is it means we cant buy @137.900 and cant sell when the price reach 137.100 ??

hopefully you answer my stupid question
i wanna share my result yesterday hit SL on both GJ buy 174.400
and EJ sell @137.200
newyork open
why ? any wrong ???
thx a lot
regards Bobby from indonesia
  • #20,495
  • Oct 30, 2014 9:46pm Oct 30, 2014 9:46pm
Quoting bobbylia0306
hi udine, thx for the very simple method... i've read the thread from page 1 til page 50 but i cant find an answer for my question...as you know there are 1025 pages on your thread so please help me with this several question 1. if we are going to set the pending order buy at for example 137.800 on any chart an we know there is a spread between ask and bid, so are we set the buy stop @137.800 or @137.800+ our spread 2. on your strategy you've said Frankfurt open only .400/.500/.600 levels what is that means ?? for the example above the open daily...

Hi Bobby,

1. @ 137.800
2. see post 20.447 of Masterrmind
3. see post 20.447 of Masterrmind

show your charts

Udine
Sleep less, live fast, as it aint gonna last
  • #20,496
  • Oct 30, 2014 10:31pm Oct 30, 2014 10:31pm
Quoting Udine
{quote} Hi Bobby, 1. @ 137.800 2. see post 20.447 of Masterrmind 3. see post 20.447 of Masterrmind show your charts Udine

thx for the reply
really helpfull
this is my chart now
so in this chart could i say no trade today for both GJ and EJ bcoz the both ADR has been reach and the price above the 900 lvl ??

and about mastermind's post @20.447 if london open and the price below the 137.800 for EJ then i can setp buy stop @137.800 right ?? coz no long @.900
and for the short can be set until 137.200 right ??
note : *just imagine when london open and the price still below the 137.800 and adr has not reach allready* just want to clarify about post 20.447

thx alot for helping me...i am a newbie, and i'm really interested with your method
thx a lot to mastermind too
Bobby
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  • #20,497
  • Oct 30, 2014 10:35pm Oct 30, 2014 10:35pm
That was a wild half an hour.

+10 GJ on the new hour. That's me done for the week.

I've been trading this system for about a month now I'm finally finding my feet. Last week I broke even, this week I am up around 3% and I feel like I'm getting a lot better. Like everything in life, you have to break all the rules for yourself before realising that they're there for a reason.

As a recent newbie, here's four tips for the other newbies on this thread:

1. Stick to Udines rules
2. Get EJ GJ EU GU on the screen at the same time and watch them. Become familiar with them, watch how they correlate, how they react to news, and how they trade in quiet times. Don't worry about the other pairs.
3. If you're serious about learning this, find a mentor on the system who's willing to help you. It makes a world of difference having someone to talk to about it.
4. See point 1.

Have a great weekend everyone.
  • #20,498
  • Oct 31, 2014 12:11am Oct 31, 2014 12:11am
Quoting orangutangas
{quote} I am checking each day how you take trades here and this one looks a bit risky(according what were you taking previously) as first level is just next to Do and there was little spike about 0.1 level
Well, itīs not exactly next to the Daily Open line thatīs based on FFO.
PA from this Daily Open was up 3 levels...
So, in terms of risky it was really not that risky. The only difference would be the hour at which the trade was taken, the second hour of NYO.
I always try to get the green pips in during LO + 2 hours max.
Hope clarifies things for you.

flx69
  • #20,499
  • Oct 31, 2014 12:37am Oct 31, 2014 12:37am
Quoting bobbylia0306
{quote} thx for the reply really helpfull this is my chart now so in this chart could i say no trade today for both GJ and EJ bcoz the both ADR has been reach and the price above the 900 lvl ?? and about mastermind's post @20.447 if london open and the price below the 137.800 for EJ then i can setp buy stop @137.800 right ?? coz no long @.900 and for the short can be set until 137.200 right ?? note : *just imagine when london open and the price still below the 137.800 and adr has not reach allready* just want to clarify about post 20.447 thx alot...

1. no trades for EJ and GJ because of ADR, has nothing to do where the price is now..
2. London open say @ 137.727 pending long @ 137.800

read from page 1 and watch a lot of my posts and charts and you will learn.. its all in the thread

Udine
Sleep less, live fast, as it aint gonna last
  • #20,500
  • Oct 31, 2014 12:42am Oct 31, 2014 12:42am
Quoting flx69
{quote} Well, itīs not exactly next to the Daily Open line thatīs based on FFO. PA from this Daily Open was up 3 levels... So, in terms of risky it was really not that risky. The only difference would be the hour at which the trade was taken, the second hour of NYO. I always try to get the green pips in during LO + 2 hours max. Hope clarifies things for you. flx69
ty
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