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As simple as possible: 00 level trading

  • #23,641
  • Dec 2, 2014 10:19am Dec 2, 2014 10:19am
Quoting mwsteiner
GU to TP Greetz Michael {image}
good setup. GU is in a nice trendchannel right now.

See you tomorrow with another wheelbarrow full of pips :-)
  • #23,642
  • Dec 2, 2014 10:25am Dec 2, 2014 10:25am
Quoting flx69
{quote} SEit89, Nice & profitable (but your entry was 1 bar too late). flx69
Hey flx69,

Could you explain me why should I entry the bar before? I was waiting for confirmation of ABS+HE as you can see in my chart.

Thank you in advance friend,
  • #23,643
  • Dec 2, 2014 10:29am Dec 2, 2014 10:29am
Quoting flx69
{quote} Gluvina, Look at the GU chart below, this is the M15 strategy. I´ve drawn red lines, where the HA, ASH M15 and ASH H1 all give a sell signal. Entry would be by means of a pending order on the next bar after the red line, on the next .50 or .00 level. Hope this helps. flx69 {image}
Didn't I?
  • #23,644
  • Dec 2, 2014 10:33am Dec 2, 2014 10:33am
Quoting flx69
{quote} Gluvina, Look at the GU chart below, this is the M15 strategy. I´ve drawn red lines, where the HA, ASH M15 and ASH H1 all give a sell signal. Entry would be by means of a pending order on the next bar after the red line, on the next .50 or .00 level. Hope this helps.
yes, yes

1H rules - pending at 1.5660
15min rules - pending at 1.5650

all i am saying sEit89 entry wasn't one bar late
it was good as per 15 min rules

thanks
  • #23,645
  • Dec 2, 2014 10:38am Dec 2, 2014 10:38am
What about this set up? I think it's wrong because I should enter at .400, right?
Attached Image
  • #23,646
  • Dec 2, 2014 10:39am Dec 2, 2014 10:39am
Quoting sEit89
{quote} Didn't I?
you did
  • #23,647
  • Dec 2, 2014 10:41am Dec 2, 2014 10:41am
Hi, I am using the SweetSpotGold Indicator to see the 00 level trades. But, for the 15M strategy I would like the 0.50 levels highlighted as well. Can someone point me to that indicator or how SweetSpotGold can be modified.
Thanks, K
  • #23,648
  • Dec 2, 2014 10:50am Dec 2, 2014 10:50am
Quoting sEit89
What about this set up? I think it's wrong because I should enter at .400, right? {image}
With M15 System yes.

Greetz
  • #23,649
  • Dec 2, 2014 11:00am Dec 2, 2014 11:00am
Quoting kashTrader
Hi, I am using the SweetSpotGold Indicator to see the 00 level trades. But, for the 15M strategy I would like the 0.50 levels highlighted as well. Can someone point me to that indicator or how SweetSpotGold can be modified. Thanks, K
you can use Grid v2 indicator for .50 levels

Attached Image


if you want to use only SweetSpotsGOLD indy, change "sublevels" to 5

Attached Image
  • #23,650
  • Dec 2, 2014 11:27am Dec 2, 2014 11:27am
Quoting sEit89
{quote} Hey flx69, Could you explain me why should I entry the bar before? I was waiting for confirmation of ABS+HE as you can see in my chart. Thank you in advance friend,
sEit89,

Look at the chart below.
Approximately 1 hour after NYO, the HA, ASH M15 and ASH H1 are all red (I´ve drawn a vertical red line).
This bar closes at 1.56513.

2 questions for you:

1. At which level should the pending sell order be placed ?
2. Where did you place it ?

flx69
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 96 KB
  • #23,651
  • Dec 2, 2014 11:28am Dec 2, 2014 11:28am
Quoting sEit89
What about this set up? I think it's wrong because I should enter at .400, right? {image}
Yes, the correct entry would be at the .400 level.

flx69
  • #23,652
  • Dec 2, 2014 11:39am Dec 2, 2014 11:39am
Quoting Gluvina
{quote} yes, yes 1H rules - pending at 1.5660 15min rules - pending at 1.5650 all i am saying sEit89 entry wasn't one bar late it was good as per 15 min rules thanks
Correctíssimo.
The trade was profitable, but entry was 1 bar too late nonetheless.
Here´s the chart in question posted.
http://www.forexfactory.com/attachme...mentid=1563339

flx69
  • #23,653
  • Dec 2, 2014 11:51am Dec 2, 2014 11:51am
Quoting flx69
{quote} Correctíssimo. The trade was profitable, but entry was 1 bar too late nonetheless. Here´s the chart in question posted. http://www.forexfactory.com/attachme...mentid=1563339 flx69
ahhh, i see the problem now flx69
that little triangle, it is his take profit level at 1.5645
his entry level was at 1.5650 - see few dashed red lines above the triangle

am i right sEit89?
  • #23,654
  • Dec 2, 2014 12:00pm Dec 2, 2014 12:00pm
Quoting Gluvina
{quote} ahhh, i see the problem now flx69 that little triangle, it is his take profit level at 1.5645 his entry level was at 1.5650 - see few dashed red lines above the triangle am i right sEit89?


"The viewer" doesn´t really know Gluvina. The reason being that the trade wasn´t dragged and dropped on the chart.
Normally the entry is marked by a little arrow pointing to the right and the TP by a little triangle pointing to the left.

Bottom line is that a correct entry - according to the M15 system - would be made after the M15 bar has closed with all 3 indis in red or green.

flx69
  • #23,655
  • Dec 2, 2014 12:01pm Dec 2, 2014 12:01pm
Last Trade AU to TP

I´m out guys cya tomorrow.

Greetz Michael
  • #23,656
  • Dec 2, 2014 12:06pm Dec 2, 2014 12:06pm
Guys, I am totally confused. I entered at 1.56500 and using M15 system. I can't see what was wrong...
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla 2014-12-02 a las 19.03.16.png Size: 10 KB
  • #23,657
  • Dec 2, 2014 12:12pm Dec 2, 2014 12:12pm
Quoting sEit89
Guys, I am totally confused. I entered at 1.56500 and using M15 system. I can't see what was wrong... {image}
sEit89

No need to be confused at all.
Nothing wrong either.
The entry is correct at .500 !!!
However, the only "thing" I saw on the chart was a mark at the .450 level.

flx69
  • #23,658
  • Dec 2, 2014 12:14pm Dec 2, 2014 12:14pm
Quoting flx69
{quote} "The viewer" doesn´t really know Gluvina. The reason being that the trade wasn´t dragged and dropped on the chart. Normally the entry is marked by a little arrow pointing to the right and the TP by a little triangle pointing to the left. Bottom line is that a correct entry - according to the M15 system - would be made after the M15 bar has closed with all 3 indis in red or green. flx69
agree!

thanks flx69
  • #23,659
  • Dec 2, 2014 12:15pm Dec 2, 2014 12:15pm
Quoting mwsteiner
Last Trade AU to TP I´m out guys cya tomorrow. Greetz Michael


Nice Michael, but wasn´t RmDn just a bit in red ? But just a bit ?

flx69
  • #23,660
  • Dec 2, 2014 12:28pm Dec 2, 2014 12:28pm
Quoting flx69
{quote} sEit89 No need to be confused at all. Nothing wrong either. The entry is correct at .500 !!! However, the only "thing" I saw on the chart was a mark at the .450 level. flx69
Ok, many thanks flx69. The mark at .450 shows TP.

So time for rest, see u tomorrow!

Buenas noches
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