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As simple as possible: 00 level trading

  • #21,701
  • Nov 17, 2014 4:22am Nov 17, 2014 4:22am
Good day everybody! Hope all is collecting well the crumbs from the big players.

My own challenge today against the robot 3:3 so far (not counting the pips, because the robot goes for 7.5 pip profit).

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Best of luck for you guys!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #21,702
  • Nov 17, 2014 4:23am Nov 17, 2014 4:23am
Quoting amfx
{quote} I can see the RgL on the chart. Can you explain what it stands for and signifies?

has been mentioned several times in the thread..

Udine
Sleep less, live fast, as it aint gonna last
  • #21,703
  • Nov 17, 2014 4:30am Nov 17, 2014 4:30am
Calling it for today.
No trades for me. Every pair I observe reached their ADR or is near to it.
Maybe tomorrow will be a better day to trade for me.

See you all tomorrow.
  • #21,704
  • Nov 17, 2014 4:31am Nov 17, 2014 4:31am
Quoting flx69
{quote} Nice ! Good thing you donīt have the xADR indi on your chart flx69
Flx , let me explain. I have ADR 5 days average on. On days like this price went far above BUT went back and thus stayed in the interval already marked for day.

ADR is 106.5 , today move was 159.9

So it is for me ok to take trades in the interval 0 - 159.9 for this particular day. all rest applicable. Hope clearer. :nerd:
  • #21,705
  • Nov 17, 2014 4:31am Nov 17, 2014 4:31am
#3 CJ +5
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  • #21,706
  • Nov 17, 2014 4:47am Nov 17, 2014 4:47am
I have found these scripts for pending order,just drag and drop at 00 or 50 line.Maybe could be helpul
Attached File(s)
File Type: ex4 DROP_PENDING_BUY.ex4   5 KB | 294 downloads
File Type: mq4 DROP_PENDING_BUY.mq4   2 KB | 439 downloads
File Type: ex4 DROP_PENDING_SELL.ex4   5 KB | 299 downloads
File Type: mq4 DROP_PENDING_SELL.mq4   2 KB | 425 downloads
  • #21,707
  • Nov 17, 2014 4:58am Nov 17, 2014 4:58am
Quoting snail69
#3 CJ +5 {image}
I Snail69, I'm in trouble to understand by which Udine's strategy did you take this trade (M15 or H1) ?
I speculate it's M15 because your entry is at 50 level, but it's impossible to to know for sure because you haven't nor HA neither ASH on you charts.
Can you explain a little more ? Thank you.
Porta itineris dicitur longissima esse
  • #21,708
  • Nov 17, 2014 5:48am Nov 17, 2014 5:48am
#4 CJ +5

CJ is kind today.
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  • #21,709
  • Nov 17, 2014 5:52am Nov 17, 2014 5:52am
Quoting bubincka
{quote} I Snail69, I'm in trouble to understand by which Udine's strategy did you take this trade (M15 or H1) ? I speculate it's M15 because your entry is at 50 level, but it's impossible to to know for sure because you haven't nor HA neither ASH on you charts. Can you explain a little more ? Thank you.

I trade only 15 mins. Simple, above line of reference ( daily open, in may case daily pivot ) only long and vice versa. Trades opened on 50 levels. Walk with price. :nerd:
  • #21,710
  • Nov 17, 2014 6:05am Nov 17, 2014 6:05am
Finally, AU to TP +5, fully complying to the rules.
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  • #21,711
  • Nov 17, 2014 6:08am Nov 17, 2014 6:08am
Good day everyone,

AUD/USD short to TP (I believe this was all according to the rules-but please correct me if I am wrong).

Thanks
BB.
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  • #21,712
  • Nov 17, 2014 6:14am Nov 17, 2014 6:14am
#5 AU -10 premature and bad entry, price paid.
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  • #21,713
  • Edited 6:37am Nov 17, 2014 6:15am | Edited 6:37am
Quoting snail69
{quote} I trade only 15 mins. Simple, above line of reference ( daily open, in may case daily pivot ) only long and vice versa. Trades opened on 50 levels. Walk with price. :nerd:
If you trade with Udine's rules H1 strategy, even if you do that on M15 charts you couldn't enter at 50 levels. Some days ago I did such a trade and Udine scolded me strongly . But in the end you're so profitable that what is allowed to you it isn't to others and maybe it's right.
Porta itineris dicitur longissima esse
  • #21,714
  • Nov 17, 2014 6:27am Nov 17, 2014 6:27am
#6 EJ +5
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  • #21,715
  • Nov 17, 2014 6:40am Nov 17, 2014 6:40am
Quoting snail69
#6 EJ +5 {image}
I don't know what strategy you're trading. But it's clearly not the system what Udine presented us.
So I suggest to you that you read the first page an the last 50 to 100 pages to understand it. Until then you shouldn't post any trade who is against all rules of the system.
After you understand it, you will hopefully see how wrong you're with your trades.
  • #21,716
  • Nov 17, 2014 6:47am Nov 17, 2014 6:47am
Quoting Murksler
{quote} I don't know what strategy you're trading. But it's clearly not the system what Udine presented us. So I suggest to you that you read the first page an the last 50 to 100 pages to understand it. Until then you shouldn't post any trade who is against all rules of the system. After you understand it, you will hopefully see how wrong you're with your trades.
Don't judge the winner buddy
  • #21,717
  • Nov 17, 2014 7:12am Nov 17, 2014 7:12am
Quoting Murksler
{quote} I don't know what strategy you're trading. But it's clearly not the system what Udine presented us. So I suggest to you that you read the first page an the last 50 to 100 pages to understand it. Until then you shouldn't post any trade who is against all rules of the system. After you understand it, you will hopefully see how wrong you're with your trades.

Murksler,

dont know what would be wrong with this trade...

look carefully and check if all rules comply with the 1H strategy traded on the 15M...

Udine
Sleep less, live fast, as it aint gonna last
  • #21,718
  • Nov 17, 2014 7:19am Nov 17, 2014 7:19am
Quoting musicant
{quote} Don't judge the winner buddy
If I see a wrong trade like this huge I will tell them that it was a mistake. If someone who really wants to learn this system and he sees a trade like this. It will be very confusing for him. Also this kind of don't judge the winner is in my opinion a serious misconception of you. If you build a nuclear power plant with the wrong parameters and someone tells you trat these a wrong. Don't you check them and look if they really wrong or you say no the plant is running atm it's fine?
  • #21,719
  • Nov 17, 2014 7:27am Nov 17, 2014 7:27am
Quoting Murksler
{quote} If I see a wrong trade like this huge I will tell them that it was a mistake. If someone who really wants to learn this system and he sees a trade like this. It will be very confusing for him. Also this kind of don't judge the winner is in my opinion a serious misconception of you. If you build a nuclear power plant with the wrong parameters and someone tells you trat these a wrong. Don't you check them and look if they really wrong or you say no the plant is running atm it's fine?
nothing is wrong with snail69 trade. He uses the H1 strategy.

It is the first 00level of the hour. The only small adjusment by him is that he uses the daily pivot instead of the daily open line. The price was over daily pivot. Thats why it was a buy trade.
  • #21,720
  • Nov 17, 2014 7:28am Nov 17, 2014 7:28am
Guys, anything wrong here please?
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