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As simple as possible: 00 level trading

  • #21,301
  • Nov 13, 2014 1:37am Nov 13, 2014 1:37am
Trade #3, USDCHF TP +5
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  • #21,302
  • Nov 13, 2014 1:39am Nov 13, 2014 1:39am
Quoting Udine
{quote} dont worry, but I get the same kind of questions also by PM Udine Edit: the kindness is that I am here everyday sharing freely......
I recognize this, I'm grateful to you as I think they are all. Thank you one more time, your patience is great.
Porta itineris dicitur longissima esse
  • #21,303
  • Nov 13, 2014 1:39am Nov 13, 2014 1:39am
Justomonla thanks for the indi!!!
FREEDOM IS NOT FREE
  • #21,304
  • Nov 13, 2014 1:41am Nov 13, 2014 1:41am
AUDUSD TP +5
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  • #21,305
  • Nov 13, 2014 1:43am Nov 13, 2014 1:43am
Quoting Stingr
{quote} bubincka, I'd like to add that when we enter after retracement (candle turns red and then turns green again) we trade momentum. If you enter one candle later it means that momentum most probably has gone. If such a late trade turns positive it's due to other factors, for example a sharp short-term trend. So you have to decide what exactly would you like to trade - a retracement or an established sharp trend. In Udine's setup we trade moves after retracement as they are low-risk. As the same time there are several examples every day of a...
Hi Stingr, thank you for supporting. Now I'm getting closer to a full comprehension of the new M15 strategy.
Best,
Bubincka
Porta itineris dicitur longissima esse
  • #21,306
  • Nov 13, 2014 1:43am Nov 13, 2014 1:43am
Quoting nobby911
Hi i am just trying this on a demo account and was hoping someone could tell me where i went wrong with this one the order was placed @ 1.24700 which was the fist 00 level after the london open and all indicators where green and not too close to the DO Thanks {image}

this is called shit happens.. nothing wrong..

Udine
Sleep less, live fast, as it aint gonna last
  • #21,307
  • Nov 13, 2014 1:43am Nov 13, 2014 1:43am
Hi all,

Thank you for the thread Udine.

Practical question. I've started to learn this system this week and tried it out tonight at the London open (demo of course). I had four charts open. As we hit the open I had lines, bars lights flashing indicators blinking.....I didn't know where to look or what to do next. I haven't tried to scalp trade before. There's a lot to look at and only a short time to make decisions.

How many charts do you guys have open?

Apologies if this has already been discussed somewhere in the last 1064 pages. I'm slowly working my way through.

Rapid.
  • #21,308
  • Nov 13, 2014 1:44am Nov 13, 2014 1:44am
EURUSD TP +5
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  • #21,309
  • Nov 13, 2014 1:47am Nov 13, 2014 1:47am
Quoting Udine
{quote} entry was 1 candle earlier Udine
I think entry was correct. Both candles green 1 candle before. But you wait until close before you entry trade right? Before that, HA at my diagram red.
  • #21,310
  • Nov 13, 2014 1:48am Nov 13, 2014 1:48am
Quoting Stingr
Udine, GBPUSD is at year's low. Would you consider shorting it riskier than usual?

yes, its not low risk entry, but I did enter, because I am already up 14 % this week...

Udine
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Sleep less, live fast, as it aint gonna last
  • #21,311
  • Nov 13, 2014 1:52am Nov 13, 2014 1:52am
Quoting Udine
{quote} yes, its not low risk entry, but I did enter, because I am already up 14 % this week... Udine {image}
Exited at BE:
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  • #21,312
  • Nov 13, 2014 1:52am Nov 13, 2014 1:52am
2.3% UP, so I am done for today.

See you guys.
  • #21,313
  • Nov 13, 2014 1:55am Nov 13, 2014 1:55am
Quoting Stingr
Udine, GBPUSD is at year's low. Would you consider shorting it riskier than usual?
what is year's low. I can't see it.
  • #21,314
  • Nov 13, 2014 1:56am Nov 13, 2014 1:56am
Quoting sEit89
2.3% UP, so I am done for today. See you guys.

hasta manana

Udine
Sleep less, live fast, as it aint gonna last
  • #21,315
  • Nov 13, 2014 2:02am Nov 13, 2014 2:02am
For those of you who like to scalp on exotic pairs, why GBPCAD instead of the popular GBPUSD ? The volatility is about the same, but GBPCAD has twice the spread of GBPUSD.

Im getting 0.5 - 1 during active market for GU, but for GC, all i can see is 1.5-2, and mostly just 2

Quoting flx69
Trade #2 o/t day: GBPCAD out by TS. flx69 {image}
  • #21,316
  • Nov 13, 2014 2:03am Nov 13, 2014 2:03am
Quoting musicant
{quote} what is year's low. I can't see it.
Switch to W1 view. The last time the price was at 1.57500 was in September of 2013. And this level also served as resistance in June of 2013.
  • #21,317
  • Nov 13, 2014 2:15am Nov 13, 2014 2:15am
Quoting Stingr
{quote} Switch to W1 view. The last time the price was at 1.57500 was in September of 2013. And this level also served as resistance in June of 2013.
Thanks/ I got it.
  • #21,318
  • Nov 13, 2014 2:29am Nov 13, 2014 2:29am
Trade #3 o/t day (M15 system trade): EURCAD to TP.

flx69
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  • #21,319
  • Nov 13, 2014 2:33am Nov 13, 2014 2:33am
Hi Udine could you make tutorial and send into YT how do u trade? Please, this system dont work for me. Iam doing something wrong ;/
  • #21,320
  • Nov 13, 2014 2:33am Nov 13, 2014 2:33am
Cannot win them all.. but was prepared to take the risk..

GU out @ SL

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