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As simple as possible: 00 level trading

  • #24,121
  • Dec 5, 2014 5:25am Dec 5, 2014 5:25am
Have a great weeekend all. cyas ltr Q
Whats That? you're trading What?
  • #24,122
  • Dec 5, 2014 5:27am Dec 5, 2014 5:27am
Trade #8 [Bonus trade #6]

GBPAUD +5 TP

Attached Image (click to enlarge)
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Masterrmind............
Master your Mind then Master your Trades
  • #24,123
  • Dec 5, 2014 5:29am Dec 5, 2014 5:29am
Quoting Qed
Have a great weeekend all. cyas ltr Q
Have a great weekend Qed..........

Masterrmind...........
Master your Mind then Master your Trades
  • #24,124
  • Dec 5, 2014 5:36am Dec 5, 2014 5:36am
Quoting Masterrmind
Trade #8 [Bonus trade #6] GBPAUD +5 TP {image} Masterrmind............

you don't mind trading 30 min before NFP when there is a good setup. and the pair is not directly influenced (no USD) right?
  • #24,125
  • Dec 5, 2014 5:45am Dec 5, 2014 5:45am
Quoting piphunt3r
{quote} you don't mind trading 30 min before NFP when there is a good setup. and the pair is not directly influenced (no USD) right?
That's right but better not too.

I'm far up on my net gain for today so I was prepared to take on the risk when the setup was good even though NFP was lingering close.

Masterrmind..........
Master your Mind then Master your Trades
  • #24,126
  • Dec 5, 2014 6:05am Dec 5, 2014 6:05am
Have a great weekend everyone.

Hope to see you all next week.

Masterrmind..........
Master your Mind then Master your Trades
  • #24,127
  • Dec 5, 2014 6:21am Dec 5, 2014 6:21am
Old good analyse. TP.

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  • #24,128
  • Dec 5, 2014 6:43am Dec 5, 2014 6:43am
Quoting Kubiasty
Old good analyse. TP. {image}
No Analyse in my eyes! You trade NEWS!! No Newstrading that's a Rule!Had 2 bad looooser today so I went out in the nature!!ChfJ to SLNU to SLBoth take my SL and went later to TP, wrong entry times :-(.Have all a great weekend and take care! I have to study some charts! Greetz Michael
PS: send from my phone so no charts sry.
  • #24,129
  • Dec 5, 2014 6:52am Dec 5, 2014 6:52am
Quoting Louisetano
Hi Masterrmind, Do you use S/L 10 and T/P 5 pips? The reason I ask is, I see a good setup, but then the price reverses and hits the S/L just before it continues back in the direction it was suppose to for a win. Any advice? PS. Thanks for posting your charts, they help alot
Please start on Page 1
  • #24,130
  • Dec 5, 2014 7:13am Dec 5, 2014 7:13am
Hey guys,

See very nice trades, well done. Now time to play padel...

Enjoy the weekend, see u on monday on the green way

Ops, my last for today...

EUR/JPY, +5 [H1 System]
Attached Image
  • #24,131
  • Dec 5, 2014 7:15am Dec 5, 2014 7:15am
Quoting Louisetano
{quote} I did!!! I know the rules!!! but I have a feeling that Masterrmind has "tweaked" the settings
Why you have the "feeling" that he uses a bigger SL?

I studied hundreds of his charts and i never saw that.
  • #24,132
  • Dec 5, 2014 8:59am Dec 5, 2014 8:59am
NZD/USD + 5
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  • #24,133
  • Dec 5, 2014 9:02am Dec 5, 2014 9:02am
Quoting flx69
{quote} Interesting. But tell me, how many traders on the longest running forums such as Trading Made Simple, THV, ... actually have a trade explorer ? Did you post the same question on those forums ? Seeing all those trade explorers, would it make any difference for you in choosing a suitable trading system for your personality ? Do you really think itīs the system or the trader that makes or breaks profitability ? Food for thought. flx69

Thanks for replay flx, but I am interested in this system, be sure, if somebody posts that "THIS SYSTEM WORKS" i'll ask him to make public his/her trade explorer.
that does not mean that he has to do so, if he don't want to show his explorer, it's fine, but I (supplier) will be dissapointed. BUT if he/she will show me an exlorer, I'll be sure about the system and it would be great for me as well as for him.

Don't you agree?
Stay Hungry Stay Foolish
  • #24,134
  • Dec 5, 2014 9:49am Dec 5, 2014 9:49am
This system is very simple but need a lot of experience to master!
Today i close my main account with a loss of 1%, i made to many error and i would share only the loss with you trying to improve.

My main questions is ( about 15m system) :

i have problem trying to follow the indication of the indi's, particular the "change of colour" that i think is correlated with the concept of retracement... this why i see many graph with entry that not follow this concept!

If i have price under DO, and the indi's below all red, for example, i need to wait that the price rise up a little bit and the indi's change from red to green and whhen the indi's change another time from green to red i place my order? Which indi's i need to look for this change of colour? because often are not in sync ( one turn and other two don't ecc.. )

If i'm searching for a short entry, for example, the last 1h candle need to be bearish or doesn't matter?

With 15 m system can i trade into a reverse 1h candle, example seaching short in a bullish 1h candle forming?

I've read all the 3d but i can't figure out this point!

I think that this system is very cool but without these point i can't master it!

Thanks a lot, in particular the "veteran"
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  • #24,135
  • Dec 5, 2014 10:07am Dec 5, 2014 10:07am
Does anybody can answer please?:

I see some traders open buy positions when last closed bar is red, the other green. Perhaps someone could explain how this should be in accordance with the rules? In Indicator UFX 15M Wukar rules written that Ash and HA green candle closes. But wait for retrace before re-entry, bar color change, but all Rules remain. How exactly understand this rules? It is only valid re-entry? When is entry when re-entry?
  • #24,136
  • Dec 5, 2014 10:52am Dec 5, 2014 10:52am
Why my charts show look like the picture with My Candle indi? And pls look at the GBPJPY's spread on 2nd picture (( Spread is 5 pips! Pls let me know a broker which you use. Sorry for bad english.
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  • #24,137
  • Dec 5, 2014 11:06am Dec 5, 2014 11:06am
Quoting Masterrmind
Trade #5 [Bonus trade #3] and Trade #6 [Bonus trade #4] 2 by AUDUSD +5 and +5 TP's {image} Trade #7 [Bonus trade #5] CHFJPY +5 TP {image} Masterrmind...........
Hi Masterrmind, those two AUDUSD trades were very interesting for me as I was watching this pair for the whole day, knowing that it was at its lowest since 2009, looking at the very strong support line at 0.83700, the price bouncing between DO and this line, and thinking to myself that there's no way on Earth I was going to short it off this level.
Please take a look at two charts below. Did you decide to finally short it after you saw two M15 candles closing below that support line?
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  • #24,138
  • Dec 5, 2014 11:08am Dec 5, 2014 11:08am
Quoting fakeylover
Today i close my main account with a loss of 1%, i made to many error and i would share only the loss with you trying to improve. My main questions is ( about 15m system) : i have problem trying to follow the indication of the indi's, particular the "change of colour" that i think is correlated with the concept of retracement... this why i see many graph with entry that not follow this concept! If i have price under DO, and the indi's below all red, for example, i need to wait that the price rise up a little bit and the indi's change from red to...
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This system is very simple but need a lot of experience to master! but one needs to adhere to the rules and newbies stick to only majors. Even EJ, GJ are a bit more than a little volatile.


OK, Fakey, let's go.

Pic. No:

1) & 2) NU - has large spread, very volatile, not proper trading time during Europe mostly - not for new traders
Your trade is during red marked news period !
On all your pics I marked Udine' s entries with X not taking into consideration NEWS !

3) GU - Signal and news are OK, but you sold right into major resistance are on LEFT ! And broke rule: Between entry and TP must not be a pivot level ! You have there S1

4) EJ - it is volatile pair, even conditions are met, not easy pair. Look how would entries look after marked haramis in circles....
Attached Images
  • #24,139
  • Dec 5, 2014 11:10am Dec 5, 2014 11:10am
Quoting fakeylover
This system is very simple but need a lot of experience to master! Today i close my main account with a loss of 1%, i made to many error and i would share only the loss with you trying to improve. My main questions is ( about 15m system) : i have problem trying to follow the indication of the indi's, particular the "change of colour" that i think is correlated with the concept of retracement... this why i see many graph with entry that not follow this concept! If i have price under DO, and the indi's below all red, for example, i need to wait that...
I am sorry i am not veteran. But I am sure you could avoid all of these losses. If you want I can explain it when I will be at home. Today I had onlly NU loss of your pictures but it was my falt.
  • #24,140
  • Dec 5, 2014 12:02pm Dec 5, 2014 12:02pm
Quoting Stingr
{quote} Hi Masterrmind, those two AUDUSD trades were very interesting for me as I was watching this pair for the whole day, knowing that it was at its lowest since 2009, looking at the very strong support line at 0.83700, the price bouncing between DO and this line, and thinking to myself that there's no way on Earth I was going to short it off this level. Please take a look at two charts below. Did you decide to finally short it after you saw two M15 candles closing below that support line? {image} {image}
Stingr, had also 2 trades in AU, however, did not like the PA and closed for +2 resp +1 pip. It was not very clean PA and def not an easy one. :nerd:

MM is Master, no doubt !
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