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As simple as possible: 00 level trading

  • #21,461
  • Nov 14, 2014 1:10am Nov 14, 2014 1:10am
Thanx Udine , not real bright here .... I only have asia/eur/us open times and in Aust the 3rd hourly candle has just opened 9 mins ago on the eur session cheers Q ok reading back ,it looks like to get mt eur session opening I need to move the open time +2hrs on the chart we have daylight saving time here as ell ,, dammed confusing
Whats That? you're trading What?
  • #21,462
  • Nov 14, 2014 1:12am Nov 14, 2014 1:12am
THere is nothing about how you do with commission. Suppose you set pending order to buy at 1.3200. SO your position opens at 1.3180 because commission - spread.
So you dont know if the level was broken yet, but position is open. DO you guys have accounts without spreads ? (and please dont send me to page 1, i read all)
  • #21,463
  • Nov 14, 2014 1:12am Nov 14, 2014 1:12am
Quoting Qed
Thanx Udine , not real bright here .... I only have asia/eur/us open times and in Aust the 3rd hourly candle has just opened 9 mins ago on the eur session cheers Q

I am just starting my 2nd coffee of the day so not at my brightest at the moment either..

Udine
Sleep less, live fast, as it aint gonna last
  • #21,464
  • Nov 14, 2014 1:16am Nov 14, 2014 1:16am
Quoting Kubiasty
THere is nothing about how you do with commission. Suppose you set pending order to buy at 1.3200. SO your position opens at 1.3180 because commission - spread. So you dont know if the level was broken yet, but position is open. DO you guys have accounts without spreads ? (and please dont send me to page 1, i read all)
As I have mentioned several times in the thread, I take 5 pips,....

If that in reality is a little less due to commission or spread I dont care...

I can live off half of the profits of 1 trade a day..

hope that answers your question

Udine
Sleep less, live fast, as it aint gonna last
  • #21,465
  • Nov 14, 2014 1:25am Nov 14, 2014 1:25am
a friend of mine said i must read this thread, and what caught my atention even more is Udine's multiple streams of income philosophy which i strongly believe in, i have been watching this thread for some time and reading it, and i have a question, i need some clarity. I will try to be as respectful as i can with this and hopefuly i can get the same from the community, theres alot of disrespect here on the forum and i dont know why.

Ok, this seems like a great and sound system and by the look of things people are making profits, who here has been using this system for more than 6months and has been making profits consistently? have you ever had a negative month? how long of a track record do you have with this system?

i have noticed that there is alot of threads here on FF that apear great and people posting trades and all that stuff, but the system in use does not have a proper track record of consistency, some threads have been going on for years but there is no solid proof that the system works, and when i PM the frequent members i realise that they are not making any money at all, im not here to critisize or to fight or to argue, i come here with great respect and humility towards this thread and the members here.

thanks in advance.
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #21,466
  • Nov 14, 2014 1:25am Nov 14, 2014 1:25am
Quoting Kubiasty
THere is nothing about how you do with commission. Suppose you set pending order to buy at 1.3200. SO your position opens at 1.3180 because commission - spread. So you dont know if the level was broken yet, but position is open. DO you guys have accounts without spreads ? (and please dont send me to page 1, i read all)
Kubiasty, EA WUKAR_WB_Trail_v1_3_2e sets TP and TS considering commissions, i.e. 5 pips + 0.7 pips for commissions. Spread is included automatically: you buy at ask and sell at bid.
  • #21,467
  • Nov 14, 2014 1:26am Nov 14, 2014 1:26am
UJ to BE by TS
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  • #21,468
  • Nov 14, 2014 1:31am Nov 14, 2014 1:31am
Quoting Kubiasty
THere is nothing about how you do with commission. Suppose you set pending order to buy at 1.3200. SO your position opens at 1.3180 because commission - spread. So you dont know if the level was broken yet, but position is open. DO you guys have accounts without spreads ? (and please dont send me to page 1, i read all)

Kubiasty, try this.

Be "process oriented" not "profit oriented". Check the results after a while. You might be well surprised. :nerd:
  • #21,469
  • Nov 14, 2014 1:37am Nov 14, 2014 1:37am
Hi all,

Goodmorning.
Here are my 2 trades for today before LO.
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  • #21,470
  • Nov 14, 2014 1:38am Nov 14, 2014 1:38am
Quoting Soros
a friend of mine said i must read this thread, and what caught my atention even more is Udine's multiple streams of income philosophy which i strongly believe in, i have been watching this thread for some time and reading it, and i have a question, i need some clarity. I will try to be as respectful as i can with this and hopefuly i can get the same from the community, theres alot of disrespect here on the forum and i dont know why. Ok, this seems like a great and sound system and by the look of things people are making profits, who here has been...
Don't be greedy Soros. You have already over 20 billions on your account. What more do you want?
  • #21,471
  • Nov 14, 2014 1:42am Nov 14, 2014 1:42am
Quoting Soros
a friend of mine said i must read this thread, and what caught my atention even more is Udine's multiple streams of income philosophy which i strongly believe in, i have been watching this thread for some time and reading it, and i have a question, i need some clarity. I will try to be as respectful as i can with this and hopefuly i can get the same from the community, theres alot of disrespect here on the forum and i dont know why. Ok, this seems like a great and sound system and by the look of things people are making profits, who here has been...

Soros,

thx for the kind words..

I can only speak for myself, but I even never had a losing week,

max. a losing day but most of the time I was able to recuperate a losing trade (or 2) during the day....

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #21,472
  • Nov 14, 2014 1:43am Nov 14, 2014 1:43am
Quoting Qed
Masterrrmind , if you dont mind are we on the 2nd hrly candle of eur session, ,just need to make sure my settings are right thanx Q
In 17 minutes from exactly now London session will kick off!

Masterrmind...........
Master your Mind then Master your Trades
  • #21,473
  • Nov 14, 2014 1:55am Nov 14, 2014 1:55am
Quoting Soros
a friend of mine said i must read this thread, and what caught my atention even more is Udine's multiple streams of income philosophy which i strongly believe in, i have been watching this thread for some time and reading it, and i have a question, i need some clarity. I will try to be as respectful as i can with this and hopefuly i can get the same from the community, theres alot of disrespect here on the forum and i dont know why. Ok, this seems like a great and sound system and by the look of things people are making profits, who here has been...
Hi Soros,

I've read a few of your posts throughout FF.

You could always PM every long term trader asking them for their results in trading a certain strategy as you say you have done in other threads.

I find it a little hard to believe that this would even remotely give you the answer you are searching for!

Traders will tell you what they want you to know and most likely not a lot more.

Whether I tell you I am consistently winning my trades or not really will have little impact on how successful or not you will be!

The question begging to be asked is "What is your core concern for asking?"

Best way is for you to trade the system and test the system over several months and then you will know if this 00 method suits you or not.

If not move on!
If yes trade it like you own it and reach your ultimate goal...whatever that may be.

Note: I guess the problem is that individuals are simply individual and how successful Udine or myself or others trade this method will in no way reflect in how successful you might be.

Good trading,

Masterrmind.............
Master your Mind then Master your Trades
  • #21,474
  • Nov 14, 2014 2:09am Nov 14, 2014 2:09am
Good Mornig....
First trade , first loss
Second trade , second loss
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  • #21,475
  • Nov 14, 2014 2:10am Nov 14, 2014 2:10am
Buenos días amigos,

London opened, so time to looking for trades... Good look to all!
  • #21,476
  • Nov 14, 2014 2:11am Nov 14, 2014 2:11am
Quoting Udine
I was asked in a PM, how this weeks' results are.. thought I post the reply here.. well here it is.. an average week... Udine {image}
Really nice Udine, amazing numbers. Keep going so well!
  • #21,477
  • Nov 14, 2014 2:16am Nov 14, 2014 2:16am
Hi,

Can i know how to set 3 indicator so that can join together?

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Thank you.
  • #21,478
  • Nov 14, 2014 2:17am Nov 14, 2014 2:17am
Quoting Udine
{quote} Thanks Gluvina for helping me out here.. forgot to add that.. sorry for the confusion guys, girls... Gluvina thx again.. Udine
no problem
  • #21,479
  • Nov 14, 2014 2:18am Nov 14, 2014 2:18am
Good morning all.
Do you trade pairs in correlation? Let's say you got the signal for EUR/USD going down, so you place the trade. Most likely EUR/JPY will show same pattern.
Would you advice setting pending in both pairs or do you decide only for one as 1 loss will most likely cause the other one to hit Sl aswell?
  • #21,480
  • Nov 14, 2014 2:18am Nov 14, 2014 2:18am
Quoting Masterrmind
Continuing to analyse through the Asian session............. in search of bonus trades.......... Masterrmind........... :nerd:
Very nice trades Masterrmind
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