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As simple as possible: 00 level trading

  • #21,041
  • Nov 10, 2014 3:31am Nov 10, 2014 3:31am
Tough day to trade. Not many opportunities
  • #21,042
  • Nov 10, 2014 3:32am Nov 10, 2014 3:32am
Quoting Takeo
Tough day to trade. Not many opportunities

Patience grasshopper

a great day to train PDF & BCC

Udine
Sleep less, live fast, as it aint gonna last
  • #21,043
  • Nov 10, 2014 3:33am Nov 10, 2014 3:33am
Quoting Takeo
First Day with real money ... GBPUSD +5 TP {image}
sorry ply what MA do you use?
  • #21,044
  • Nov 10, 2014 3:39am Nov 10, 2014 3:39am
Bubinka - I still don't like trades that are super close to the Daily Open like the first two you've highlighted. The last one would be ok.

Still no shorts at 050 and 100 level, no longs at 900 950 for me.

Just general caution around the BIR (big round number) is advised. You'll find better trades with high probability elsewhere. Lots of traders put stops and limit orders around those numbers, so price is erratic. When you're trading with only 10 pips of room it's better if you can get it away from those sorts of areas, somewhere where price has room to go with the momentum.
  • #21,045
  • Nov 10, 2014 3:39am Nov 10, 2014 3:39am
Quoting Udine
{quote} dont mix things.. MM is trading the 1H system on the 15M charts me however I am trading the 15M set ups on the 15M charts cheers Udine
Thanks Udine....... that should make it crystal clear!

Masterrmind..........
Master your Mind then Master your Trades
  • #21,046
  • Nov 10, 2014 3:45am Nov 10, 2014 3:45am
Quoting justomonla
{quote} sorry ply what MA do you use?
Hey I use Alorente's settings, with a period of 50.
See post
http://www.forexfactory.com/showthre...92#post7819892
  • #21,047
  • Nov 10, 2014 3:47am Nov 10, 2014 3:47am
I just loaded a template to a new graph in MT4 and now the Trader chrashes whenever I start it. Is there a way to reset the Platform?
  • #21,048
  • Nov 10, 2014 3:54am Nov 10, 2014 3:54am
Quoting Takeo
I just loaded a template to a new graph in MT4 and now the Trader chrashes whenever I start it. Is there a way to reset the Platform?

probably the XADR indi.. remove it and try again..

Udine
Sleep less, live fast, as it aint gonna last
  • #21,049
  • Nov 10, 2014 3:54am Nov 10, 2014 3:54am
Quoting Takeo
I just loaded a template to a new graph in MT4 and now the Trader chrashes whenever I start it. Is there a way to reset the Platform?
yes i had the same problem. The xADR.02renko indi causes the problem. I went into User/AppData/Roaming/MetaQoutes/Terminal into the MT4 plattform that crashed and deleted the xADR indi.

If you want to load the template on a new chart, load it on the daily timeframe first. Then you should have no problem.
  • #21,050
  • Nov 10, 2014 3:57am Nov 10, 2014 3:57am
Trade #2

EURUSD +2 pips (closed out manually)

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 48 KB


Plenty of patience exercised but when you have to close it ...you have to close it!

Done for the day!

Masterrmind.............
Master your Mind then Master your Trades
  • #21,051
  • Nov 10, 2014 3:59am Nov 10, 2014 3:59am
Good luck everyone.

Early finish for me today as the market is quite calm!

Masterrmind............
Master your Mind then Master your Trades
  • #21,052
  • Nov 10, 2014 4:07am Nov 10, 2014 4:07am
Quoting Udine
{quote} dont mix things.. MM is trading the 1H system on the 15M charts me however I am trading the 15M set ups on the 15M charts cheers Udine
So you'd enter long also at 1.59000 and 1.58950 levels of the M15 candle while MM would only enter the first H1 00 level, that is 1.59050. At least is what I've understood. Having two methods is much like having two clocks, you never knows what time it is ..
Porta itineris dicitur longissima esse
  • #21,053
  • Nov 10, 2014 4:08am Nov 10, 2014 4:08am
Good to see people still trading TROs systems!
  • #21,054
  • Nov 10, 2014 4:08am Nov 10, 2014 4:08am
Quoting iwan73
Is this right setup? HA returned from red to green and ASH become green. Entry at 2480 (candle marked with red vertical line) {image}
pls can i have your template,my absolute strength don't appear like yours
  • #21,055
  • Nov 10, 2014 4:10am Nov 10, 2014 4:10am
UJ -10
I overlooked hourly lows got higher.
Attached Image
My hope has been almost completely shattered, but not completely yet
  • #21,056
  • Nov 10, 2014 4:34am Nov 10, 2014 4:34am
Quoting bubincka
{quote} So you'd enter long also at 1.59000 and 1.58950 levels of the M15 candle while MM would only enter the first H1 00 level, that is 1.59050. At least is what I've understood. Having two methods is much like having two clocks, you never knows what time it is ..

its up to you to decide what system you want to trade, but choose.. otherwise it wont work..

Udine
Sleep less, live fast, as it aint gonna last
  • #21,057
  • Nov 10, 2014 4:38am Nov 10, 2014 4:38am
Quoting Froyo12345
Good to see people still trading TROs systems!

thanks wiseguy...

Should I put you on ignore thx to some other posts you made in another thread..??

but you seem to be interested as your trying out the EA of Iamgotzaa...

did you make up your mind already ???

Udine
Sleep less, live fast, as it aint gonna last
  • #21,058
  • Nov 10, 2014 4:47am Nov 10, 2014 4:47am
Quoting Udine
{quote} its up to you to decide what system you want to trade, but choose.. otherwise it wont work.. Udine
Right.

I'm going to consider a valid entry only the first 00/05 level after the hourly open of the candle, being the chance to enter at 05 levels the only difference with the original system, leaving all the other rules unchanged. Thank you.
Porta itineris dicitur longissima esse
  • #21,059
  • Nov 10, 2014 4:53am Nov 10, 2014 4:53am
Loss trade. At the time of entry ASH was red.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY. loss.png Size: 68 KB
  • #21,060
  • Nov 10, 2014 4:57am Nov 10, 2014 4:57am
Quoting iwan73
Loss trade. At the time of entry ASH was red. {image}

was looking at the same trade, but my pending was @ .350 and did not get hit..

Edit: the DS1 was @ .400

Udine
Sleep less, live fast, as it aint gonna last
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