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As simple as possible: 00 level trading

  • #20,981
  • Nov 10, 2014 1:17am Nov 10, 2014 1:17am
Good morning Udine

If a pair generates a signal but it is not in sync, would you skip the trade and wait until the sync has re-established?
  • #20,982
  • Nov 10, 2014 1:19am Nov 10, 2014 1:19am
Quoting Udine
Good morning, replied all PM's and questions I believe.. In case I missed one just remind me.. new day, new week, new opportunities.. enjoy the ride in the green bus .. Udine
Good morning! Lets drive...

Greetz Michael
  • #20,983
  • Nov 10, 2014 1:47am Nov 10, 2014 1:47am
Quoting basitata
{quote} DEAR MM. Can you help me out in getting updated set of indicators/templates pertaining to this system. Thanks, BA
The indi's etc in the thread are reasonably up to date.

What seams to be the trouble?

Masterrmind..........
Master your Mind then Master your Trades
  • #20,984
  • Nov 10, 2014 1:49am Nov 10, 2014 1:49am
Good morning all !
3 quick trades. AU, CJ, UJ +5
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD+M15+TP5.png Size: 80 KB
Click to Enlarge Name: CADJPY+M15+TP5.png Size: 81 KB
Click to Enlarge Name: USDJPY+M15+TP5.png Size: 77 KB
  • #20,985
  • Nov 10, 2014 1:51am Nov 10, 2014 1:51am
Quoting piphunt3r
Good morning Udine If a pair generates a signal but it is not in sync, would you skip the trade and wait until the sync has re-established?

depends on how the trading day has been..

it is not easy to answer.. but when I start the day I like syncs, as its lower risk..

Udine
Sleep less, live fast, as it aint gonna last
  • #20,986
  • Nov 10, 2014 1:54am Nov 10, 2014 1:54am
Done for the day..

EJ & GJ to TP..

Udine
Attached Images
Sleep less, live fast, as it aint gonna last
  • #20,987
  • Nov 10, 2014 1:58am Nov 10, 2014 1:58am
Quoting Udine
Done for the day.. EJ & GJ to TP.. Udine {image} {image}


EJ is also in my pocket!

Greetz Michael
  • #20,988
  • Nov 10, 2014 1:59am Nov 10, 2014 1:59am
Quoting mwsteiner
{quote} EJ is also in my pocket! Greetz Michael

well done !!

Udine
Sleep less, live fast, as it aint gonna last
  • #20,989
  • Nov 10, 2014 1:59am Nov 10, 2014 1:59am
Quoting mwsteiner
{quote} Good morning! Lets drive... Greetz Michael
Now that's the type of enthusiasm we all need.

Let's go get 'em.

Masterrmind...........
Master your Mind then Master your Trades
  • #20,990
  • Nov 10, 2014 2:03am Nov 10, 2014 2:03am
Quoting Udine
Done for the day.. EJ & GJ to TP.. Udine {image} {image}
You are great and far ahead of me...

I'm still learning what you said in Post #1.

I will catch up.
My hope has been almost completely shattered, but not completely yet
  • #20,991
  • Nov 10, 2014 2:04am Nov 10, 2014 2:04am
EJ +5
Attached Image
My hope has been almost completely shattered, but not completely yet
  • #20,992
  • Nov 10, 2014 2:09am Nov 10, 2014 2:09am
Quoting Masterrmind
{quote} Now that's the type of enthusiasm we all need. Let's go get 'em. Masterrmind...........
do you guys set pending orders manualy?
Enter Signature
  • #20,993
  • Nov 10, 2014 2:11am Nov 10, 2014 2:11am
Quoting Udine
{quote} I enter when I get the signal.. Udine
Good morning Udine, thank you for your reply. What I wanted to ask was if trading the M15 period means change rule N. 20 like this:
20. only 1 trade per 15M per pair
Porta itineris dicitur longissima esse
  • #20,994
  • Nov 10, 2014 2:13am Nov 10, 2014 2:13am
Quoting bubincka
{quote} Good morning Udine, thank you for your reply. What I wanted to ask was if trading the M15 period means change rule N. 20 like this: 20. only 1 trade per 15M per pair

for me its logical, but I will not change the rules on page 1...

this is for the people who have taken the time and efford to read the thread

Udine
Sleep less, live fast, as it aint gonna last
  • #20,995
  • Nov 10, 2014 2:15am Nov 10, 2014 2:15am
Quoting leorc
interesting idea. I played with this strategy for a few days. The result is ok. BUT, spread comes in as a BIG problem. For GBPJPY, one stop loss usually means 11.5 pips instead of 10, and I havent even include the 4 dollars commission. A win however, is usually just 3.5 pips. Since most of time stop limit order dont get filled and I have to use stop order to get in, and gave away 1.5 pips to the broker, and we have to deduct the commission off the profit. So, we are talking about 3:1 risk reward instead of 2:1. This makes the difference between...

We ... dont need to do anything, but if you want to adjust to fit your personality, please feel free..

this set up works perfectly for me...

Udine
Sleep less, live fast, as it aint gonna last
  • #20,996
  • Nov 10, 2014 2:26am Nov 10, 2014 2:26am
Quoting basitata
{quote} do you guys set pending orders manualy?
Use the scripts if you wish...... it's faster and easier.

I use scripts and manual as the case may be.

Masterrmind..........
Master your Mind then Master your Trades
  • #20,997
  • Nov 10, 2014 2:29am Nov 10, 2014 2:29am
Quoting easygoing
{quote} You are great and far ahead of me... I'm still learning what you said in Post #1. I will catch up.

stick to it, you will get there..

took me a long time ..

started reading in 2007
joined FF.com in 2008
found something that did fit my personality in 2011 and since then only having fun..

Udine
Sleep less, live fast, as it aint gonna last
  • #20,998
  • Nov 10, 2014 2:34am Nov 10, 2014 2:34am
Quoting Masterrmind
{quote} Use the scripts if you wish...... it's faster and easier. I use scripts and manual as the case may be. Masterrmind..........
Me too. Most of the time I use scripts but sometimes I enter orders manually.
My hope has been almost completely shattered, but not completely yet
  • #20,999
  • Nov 10, 2014 2:37am Nov 10, 2014 2:37am
Quoting Udine
{quote} stick to it, you will get there.. took me a long time .. started reading in 2007 joined FF.com in 2008 found something that did fit my personality in 2011 and since then only having fun.. Udine
Thanks Udine.

I'll stick and get there. only-having-fun stage... That sounds really good!
My hope has been almost completely shattered, but not completely yet
  • #21,000
  • Nov 10, 2014 2:41am Nov 10, 2014 2:41am
Quoting Udine
{quote} for me its logical, but I will not change the rules on page 1... this is for the people who have taken the time and efford to read the thread Udine
Udine, I've read the thread. I wanted to understand if you now condsider a valid entry the first 00/05 level of each M15 candle (any longer H1 candle). Looking at EJ & GJ trades you posted today it seems to me that the answer is yes.
Porta itineris dicitur longissima esse
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