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As simple as possible: 00 level trading

  • #22,661
  • Nov 25, 2014 1:47am Nov 25, 2014 1:47am
Quoting Udine
Good morning all, this time i am also part of the early bird group... great to see more and more people catching them green ones Took GJ to TP, but missed the EJ though otherwise I would have been ready before my 2nd coffee of the morning.. Udine {image}
There was also a signal after Frankfurt Open on GU.

I assume you didn't trade it because it was not in sync with EU at that time?
  • #22,662
  • Nov 25, 2014 1:52am Nov 25, 2014 1:52am
I guess that's the hardest part of the system its to call it for the day with to wins. But is the most important thing, you don't want to give your wins back to the market
FREEDOM IS NOT FREE
  • #22,663
  • Nov 25, 2014 1:52am Nov 25, 2014 1:52am
Quoting piphunt3r
{quote} There was also a signal after Frankfurt Open on GU. I assume you didn't trade it because it was not in sync with EU at that time?
Gu is in sync with EU. Both below DO.
  • #22,664
  • Nov 25, 2014 1:54am Nov 25, 2014 1:54am
EA long, exit at MR2 +20, SL 15
Attached Image (click to enlarge)
Click to Enlarge Name: pEURAUD+M15.png Size: 50 KB
  • #22,665
  • Nov 25, 2014 1:54am Nov 25, 2014 1:54am
Quoting Udine
{quote} sorry its just a visual indi i am trying to code.. ( trying to improve my coding while waiting for set ups..) Udine
It's okay! Thanks Udine!
  • #22,666
  • Nov 25, 2014 1:57am Nov 25, 2014 1:57am
Quoting piphunt3r
{quote} There was also a signal after Frankfurt Open on GU. I assume you didn't trade it because it was not in sync with EU at that time?

not really there was a pivot very close..

Udine
Sleep less, live fast, as it aint gonna last
  • #22,667
  • Nov 25, 2014 2:04am Nov 25, 2014 2:04am
GBP/JPY +5!

This trade profit in less than minute !

Regards!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM3.png Size: 35 KB
  • #22,668
  • Nov 25, 2014 2:09am Nov 25, 2014 2:09am
GU short, exit intended at S1 (eventually hit), exit earlier +10, SL 15
Attached Image (click to enlarge)
Click to Enlarge Name: pGBPUSD+M15.png Size: 40 KB
  • #22,669
  • Nov 25, 2014 2:09am Nov 25, 2014 2:09am
Hello All,

Are there any opinions about time shift on daily pivots?

Thanks
PU
  • #22,670
  • Nov 25, 2014 2:09am Nov 25, 2014 2:09am
GU +5

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 21 KB


Entered pending two bars before
Persistence will get it. Consistency will keep it.
  • #22,671
  • Nov 25, 2014 2:11am Nov 25, 2014 2:11am
Coffee time. :nerd:
  • #22,672
  • Nov 25, 2014 2:31am Nov 25, 2014 2:31am
Trade #1 GJ -10
Attached Image (click to enlarge)
Click to Enlarge Name: Tuesday1.jpg Size: 29 KB


Using 15 min method, any obvious mistakes?

Thx

Rapid
  • #22,673
  • Nov 25, 2014 2:36am Nov 25, 2014 2:36am
Quoting rapidedward
Trade #1 GJ -10 {image} Using 15 min method, any obvious mistakes? Thx Rapid
Watch the big wick on the previous candle, it was screaming for price to go up.
Dont just rely on indicators only.
I saw that to, but didnt take it.

Asmodai
  • #22,674
  • Nov 25, 2014 2:40am Nov 25, 2014 2:40am
GU +5
I placed a pending at the yellow dot and left it there. Any thoughts on doing this? I'm not really sure if it classes as a late entry. Late in time but not in price
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_34.png Size: 21 KB


Thanks
PU
  • #22,675
  • Nov 25, 2014 2:40am Nov 25, 2014 2:40am
Quoting Asmodai
{quote} Watch the big wick on the previous candle, it was screaming for price to go up. Dont just rely on indicators. I saw that to, but didnt take it. Asmodai

exactly the reason why I did not take it..

Udine
Sleep less, live fast, as it aint gonna last
  • #22,676
  • Nov 25, 2014 2:41am Nov 25, 2014 2:41am
Quoting rapidedward
Trade #1 GJ -10 {image} Using 15 min method, any obvious mistakes? Thx Rapid
Besides what Asmodai said, on my chart it reached 184.715 so would be BE.
Persistence will get it. Consistency will keep it.
  • #22,677
  • Nov 25, 2014 2:44am Nov 25, 2014 2:44am
Hi As, thanks for that.

I think I need to change my screen setup to black background with colored candles. Like Udine I have an eyes issue. I prefer a light background but I missed that large wick it disappeared into the hourly vertical line. Lesson learned.

Thanks again,
Rapid.
  • #22,678
  • Nov 25, 2014 2:49am Nov 25, 2014 2:49am
Quoting Chake
{quote} Besides what Asmodai said, on my chart it reached 184.715 so would be BE.
Hi Chake,

Went back and checked, current spread 2.2 didn't make BE...Bugger!

Rapid
  • #22,679
  • Nov 25, 2014 3:00am Nov 25, 2014 3:00am
Quoting rapidedward
{quote} Hi Chake, Went back and checked, current spread 2.2 didn't make BE...Bugger! Rapid
Ok, another reason (for me) not to trade when the spread is that big.
I like 1 pip max spread, but on GJ that's not allways possible, so on this cross 1,5 pip max.
Persistence will get it. Consistency will keep it.
  • #22,680
  • Nov 25, 2014 3:04am Nov 25, 2014 3:04am
Quoting Udine
{quote} I had on that entry level my daily pivot.. Udine
This could be a serious problem. I hadn't DP at this level. I'll check if the indi correctly repaint as days go by. Thank you.
Porta itineris dicitur longissima esse
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