As simple as possible: 00 level trading | Page 1089 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

As simple as possible: RENKO M5 trading 75 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple Level Trading 1 reply

Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies

Attachments: As simple as possible: 00 level trading
Exit Attachments

As simple as possible: 00 level trading

  • #21,761
  • Nov 17, 2014 9:45am Nov 17, 2014 9:45am
I'm having a rough NY session as well Stingr.

Any reasons for today being a poor session?
  • #21,762
  • Nov 17, 2014 9:52am Nov 17, 2014 9:52am
Quoting Stingr
Udine, what do you think about that USDCAD setup from post 21754? Would you take it if you were trading USDCAD?

I would not know, as I cannot read the USDCAD,.. would need to learn it first, but dont want to.. so cannot answer...

In general, I did not see anything I liked, so did some training...

tomorrow there will be new opportunities..

Udine
Sleep less, live fast, as it aint gonna last
  • #21,763
  • Nov 17, 2014 9:54am Nov 17, 2014 9:54am
Quoting Udine
{quote} I would not know, as I cannot read the USDCAD,.. would need to learn it first, but dont want to.. so cannot answer... In general, I did not see anything I liked, so did some training... tomorrow there will be new opportunities.. Udine
Thanks Udine, have a nice evening and let's return to greening tomorrow ))
  • #21,764
  • Nov 17, 2014 10:27am Nov 17, 2014 10:27am
Quoting Kubiasty
Udine, wich one sign at your chart says about "daily target" ? This green and red lines ? (really last question , and im quiet forever ;-) )
none,

its a target you set for yourself

Udine
Sleep less, live fast, as it aint gonna last
  • #21,765
  • Nov 17, 2014 10:27am Nov 17, 2014 10:27am
Hi Udine! My first test-day results: +5pip AUDUSD sell and +4pip USDCAD buy. I’m done today, many thx for this thread!
Sorry my horrible english :-)
  • #21,766
  • Nov 17, 2014 10:27am Nov 17, 2014 10:27am
Quoting jmag4
I'm having a rough NY session as well Stingr. Any reasons for today being a poor session?

Japan 3rd quarter recession.... messed it all up..

Udine
Sleep less, live fast, as it aint gonna last
  • #21,767
  • Nov 17, 2014 10:28am Nov 17, 2014 10:28am
Quoting orkati
Hi Udine! My first test-day results: +5pip AUDUSD sell and +4pip USDCAD buy. I’m done today, many thx for this thread!

well done

rinse and repeat!!

Udine
Sleep less, live fast, as it aint gonna last
  • #21,768
  • Nov 17, 2014 11:02am Nov 17, 2014 11:02am
ok guys, I am out of here

speak tomorrow

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #21,769
  • Nov 17, 2014 1:23pm Nov 17, 2014 1:23pm
No trades for me today, I normally don't like Mondays for trading, will start looking at the set ups at the London open
FREEDOM IS NOT FREE
  • #21,770
  • Nov 17, 2014 6:19pm Nov 17, 2014 6:19pm
Hi do most of you use the TS or a fixed TP

I have read a few good runs with the trailing stop upto 15 pips but i also regularly hit TS for just a couple of pips cant decide the best way to do it
  • #21,771
  • Nov 17, 2014 6:22pm Nov 17, 2014 6:22pm
First trade of the week tokyo open 5 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY TOKYO OPEN.png Size: 74 KB
FREEDOM IS NOT FREE
  • #21,772
  • Nov 17, 2014 6:27pm Nov 17, 2014 6:27pm
+5 EURJPY M15

On demo
Attached Image (click to enlarge)
Click to Enlarge Name: demo 18112014.jpg Size: 39 KB


Rapid
  • #21,773
  • Nov 17, 2014 6:32pm Nov 17, 2014 6:32pm
+ 1.5 T/S USDJPY demo

Attached Image (click to enlarge)
Click to Enlarge Name: demo 18112014 b.jpg Size: 24 KB


Rapid
  • #21,774
  • Nov 17, 2014 6:47pm Nov 17, 2014 6:47pm
hi udine,

just tried the system yesterday and i got 3 TP's! thanks for the system! no wonder this thread went into 1000+ pages! cheers to everyone and happy green pips!!

cyd
  • #21,775
  • Nov 17, 2014 10:58pm Nov 17, 2014 10:58pm
Trade #1

EURAUD +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 45 KB


Masterrmind...........
Master your Mind then Master your Trades
  • #21,776
  • Nov 18, 2014 12:18am Nov 18, 2014 12:18am
Hi MM,

Would you like to share your reasons for choosing EURAUD?

Its very close to the DO...in the previous hour price broke down below the open and was rejected, apart from that the price action looks like a dogs breakfast.

Got up and running on demo this morning with a +5 and +1.5

Thanks,
Rapid
  • #21,777
  • Nov 18, 2014 12:41am Nov 18, 2014 12:41am
Quoting rapidedward
Hi MM, Would you like to share your reasons for choosing EURAUD? Its very close to the DO...in the previous hour price broke down below the open and was rejected, apart from that the price action looks like a dogs breakfast. Got up and running on demo this morning with a +5 and +1.5 Thanks, Rapid
Trading in the Asian session will generally entail opening a position which is close to or relatively close to the DO since the market is hardly awake at this time except for little surges in price that occur from either news related impacts or fresh money entering Tokyo Open.

I generally find that trading this session is an art!

It is arguably more risky trading the Asian session however positions opened rarely run away from you at the same rate of knots as say in the London Open so this can have its advantages. Although a SL is a SL no matter how fast or slow it takes to get there!

EURAUD in terms of the chart analysis represented a trade worth taking amongst a bag of others that didn't stack up.

Good trading,

Masterrmind............
Master your Mind then Master your Trades
  • #21,778
  • Nov 18, 2014 12:45am Nov 18, 2014 12:45am
Quoting Masterrmind
{quote} Trading in the Asian session will generally entail opening a position which is close to or relatively close to the DO since the market is hardly awake at this time except for little surges in price that occur from either news related impacts or fresh money entering Tokyo Open. .
Thank you for your insights MM.

Rapid
  • #21,779
  • Nov 18, 2014 12:51am Nov 18, 2014 12:51am
Trade #2

EURAUD +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 43 KB


Comment: Done for the day with 2 trades on EURAUD!

Masterrmind.........
Master your Mind then Master your Trades
  • #21,780
  • Nov 18, 2014 12:56am Nov 18, 2014 12:56am
Quoting rapidedward
{quote} Thank you for your insights MM. Rapid
No trouble at all.

However, if you study my charts and read along in this thread you will pick up many very helpful hints that will hopefully assist you in making better trading decisions.

Good luck in your trading......it is an adventure to say the least!

Masterrmind.........
Master your Mind then Master your Trades
44 traders viewing now