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As simple as possible: 00 level trading

  • #20,741
  • Nov 5, 2014 8:27am Nov 5, 2014 8:27am
EU +5 TP
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDpost.png Size: 113 KB
  • #20,742
  • Nov 5, 2014 8:31am Nov 5, 2014 8:31am
Quoting Masterrmind
{quote} Nope! I took both trades @ virtually the same time, anticipating a push to the long side. For the EJ trade my thinking was that if PA moved up the 8-9 pips to my entry level as well as pushing away from the MR1 then very likely it had another 5 pips in the tank. I was prepared to accept the risk in this case but would have much preferred my TP to be in recently tested zone although the CJ trade was! Masterrmind...........
Ty sir
  • #20,743
  • Nov 5, 2014 8:41am Nov 5, 2014 8:41am
Quoting Pierre
{quote} Udine do you trade only EURJPY and GBPJPY ? can you suggest some other pairs you trade ? Thanks

its in the thread..

EU / EJ/ GJ / GU..

all i need...

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #20,744
  • Nov 5, 2014 8:49am Nov 5, 2014 8:49am
Quoting Udine
{quote} its in the thread.. EU / EJ/ GJ / GU.. all i need... Udine {image}

well done mate, well done!!


Greetz Michael
  • #20,745
  • Nov 5, 2014 9:04am Nov 5, 2014 9:04am
Quoting mwsteiner
{quote} well done mate, well done!! Greetz Michael

thx...

simply love trading..

Udine
Sleep less, live fast, as it aint gonna last
  • #20,746
  • Nov 5, 2014 9:07am Nov 5, 2014 9:07am
I'm out of here.. we speak tomorrow..

Udine
Sleep less, live fast, as it aint gonna last
  • #20,747
  • Nov 5, 2014 9:09am Nov 5, 2014 9:09am
Quoting Pierre
{quote} Udine do you trade only EURJPY and GBPJPY ? can you suggest some other pairs you trade ? Thanks
Pierre, according to the rules the system works best for currency pairs having high ADR. You can setup an indicator that shows these pairs and then choose one.

As an example I've attached my template with 3 different indicators. One of them, called 'Display Info All Pairs' by hanover, builds a table with four parameters for each pair:

  1. ADR for the last 20 days, showing only those having ADR > 90;
  2. Today's range as a percentage of ADR;
  3. Current spread;
  4. (and the most useful) spread as a percentage of ADR - the table is sorted by this parameter.

So you can see the average ADR, how big was today's move compared to the average, and choose the pair with the best conditions in terms of spread.

Attached Image (click to enlarge)
Click to Enlarge Name: info panel.png Size: 29 KB
Attached File(s)
File Type: rar level trading info panel.rar   86 KB | 570 downloads
  • #20,748
  • Nov 5, 2014 9:12am Nov 5, 2014 9:12am
Quoting Udine
I'm out of here.. we speak tomorrow.. Udine
m2 have a nice evening/day all.


Greetz Michael
  • #20,749
  • Nov 5, 2014 9:38am Nov 5, 2014 9:38am
Quoting Udine
{quote} its in the thread.. EU / EJ/ GJ / GU.. all i need... Udine {image}
Would be interesting to hear what another holy grail you discovered that pairs today not being in sync for all day you made 10%
  • #20,750
  • Nov 5, 2014 10:50am Nov 5, 2014 10:50am
Last one today.

AU +10

Bye till tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDpost.png Size: 98 KB
  • #20,751
  • Nov 5, 2014 12:00pm Nov 5, 2014 12:00pm
Udine, on Twitter you talked about "adjustments to the system with satisfying results".
Any details? What have you changed?
  • #20,752
  • Nov 5, 2014 12:54pm Nov 5, 2014 12:54pm
Quoting orangutangas
{quote} Would be interesting to hear what another holy grail you discovered that pairs today not being in sync for all day you made 10%
Not in sync ? Not on my charts !
A part from the occasional Red News effect, EJ & GJ, or EU and GU were generally nicely in sync...

flx69
  • #20,753
  • Nov 5, 2014 7:35pm Nov 5, 2014 7:35pm
Good day All,

Lets see what's on offer out of Tokyo today....

Masterrmind...........
Master your Mind then Master your Trades
  • #20,754
  • Nov 5, 2014 7:40pm Nov 5, 2014 7:40pm
Trade #1

AUDJPY +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB


Trade #2

USDJPY +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 49 KB


Done for the day!

Masterrmind...........
Master your Mind then Master your Trades
  • #20,755
  • Nov 5, 2014 8:16pm Nov 5, 2014 8:16pm
Trade #3 [Bonus trade #1]

NZDJPY +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB


Masterrmind............
Master your Mind then Master your Trades
  • #20,756
  • Nov 5, 2014 8:55pm Nov 5, 2014 8:55pm
Masterrmind,

You said earlier that you use scripts to trade, Do you use the Udine instant scripts or something else? I like them, but not being able to set how many lots to purchase is kind of irritating since I don't increase lot size at a static percentage of my account.
War. Is my profession.
  • #20,757
  • Nov 5, 2014 9:32pm Nov 5, 2014 9:32pm
Quoting Masterrmind
Trade #3 [Bonus trade #1] NZDJPY +5 TP {image} Masterrmind............
Hi Master ! All in all you finished day in 40 mins.
  • #20,758
  • Nov 5, 2014 10:51pm Nov 5, 2014 10:51pm
Quoting orangutangas
{quote} Would be interesting to hear what another holy grail you discovered that pairs today not being in sync for all day you made 10%

sync was there all day..

EU - GU and EJ - GJ

no holy grail....

to be continued..

Udine
Sleep less, live fast, as it aint gonna last
  • #20,759
  • Nov 5, 2014 10:56pm Nov 5, 2014 10:56pm
Quoting Olarion1975
Udine, on Twitter you talked about "adjustments to the system with satisfying results". Any details? What have you changed?

exactly details:

1. added one indicator.. which you should already have noticed on my last few charts.... (flx69 (attention for details) already mentioned it in a post )
2. timeframe 15M
3. adjusted the sweetspot and entries to 50 / 00 level...

nothing else...

its all in the details...

To be honest I was surprised that during this time (1038 pages) nobody ever mentioned it in the thread...

It is almost impossible to believe that nobody thought about it... or they simply never mentioned it and are trading it successfully...

Udine
Sleep less, live fast, as it aint gonna last
  • #20,760
  • Nov 5, 2014 11:11pm Nov 5, 2014 11:11pm
Quoting snail69
{quote} Hi Master ! All in all you finished day in 40 mins.
Yes very satisfying way to trade and stress free.

Masterrmind............
Master your Mind then Master your Trades
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