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As simple as possible: 00 level trading

  • #24,201
  • Dec 8, 2014 4:09am Dec 8, 2014 4:09am
Trade #5 [Bonus trade #3]

GBPJPY +5 TP

Attached Image (click to enlarge)
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Masterrmind...........
Master your Mind then Master your Trades
  • #24,202
  • Dec 8, 2014 4:18am Dec 8, 2014 4:18am
can i trade on this candle ?
gbpjpy trade price 188.500
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  • #24,203
  • Dec 8, 2014 4:24am Dec 8, 2014 4:24am
First trade today, EU to TS

Asmodai
Attached Image (click to enlarge)
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  • #24,204
  • Dec 8, 2014 4:34am Dec 8, 2014 4:34am
Quoting Asmodai
First trade today, EU to TS Asmodai {image}
If you see this, why you do not go for it ?

The most important is, you must feel confident in trade when taken. Well done.

22500 stopped this trade and I walked with +3 on this one. Not all are ideal. Keep digging.
  • #24,205
  • Dec 8, 2014 4:36am Dec 8, 2014 4:36am
EU to TP
Would appreciate any comments on this one. Think I might have been too aggressive on entry, not enough pullback perhaps and all the USD was weakening a lot on other pairs . Would 2 candles later have been a better spot? Or am I barking up the wrong tree altogether?
Attached Image (click to enlarge)
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TY
PU
  • #24,206
  • Dec 8, 2014 4:36am Dec 8, 2014 4:36am
Quoting snail69
{quote} If you see this, why you do not go for it ?
I'm still using a TS so it knocked me out.
I'm only starting and not confident enough to drop the TS, but from my weekend reviews i can see alot of the trades would go to TP if TS was not there.

Asmodai
  • #24,207
  • Dec 8, 2014 4:47am Dec 8, 2014 4:47am
Mastermmind,

I was having a look back through your earlier trades and didn't see this one. Interested to know why this was a pass.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_174.png Size: 39 KB

TY
PU
  • #24,208
  • Dec 8, 2014 4:56am Dec 8, 2014 4:56am
Quoting pullup
EU to TP Would appreciate any comments on this one. Think I might have been too aggressive on entry, not enough pullback perhaps and all the USD was weakening a lot on other pairs . Would 2 candles later have been a better spot? Or am I barking up the wrong tree altogether? {image} TY PU
Udine's entry at 2550 would be a safer choice. Was it not close to SL ?
  • #24,209
  • Dec 8, 2014 5:13am Dec 8, 2014 5:13am
Quoting snail69
{quote} Udine's entry at 2550 would be a safer choice. Was it not close to SL ?
TY for your comments,
SL 1.22700 price went to 1.22699, I had a couple of chances to bail out at BE but decided to let it run. As I am new to this method/thread, I am trading a mixture of small positions and demo.
I like to learn by doing and create a lot of "learning opportunities" eg overtrading and making mistakes. I review at the weekend and try to thin out the bad ones, taking advice along the way. As this seems to be a subject were answers begin with "well that depends", I feel I need to see how different trades fly in different conditions and the feedback here is a great help.

Thanks
PU
  • #24,210
  • Dec 8, 2014 5:56am Dec 8, 2014 5:56am
Quoting pullup
{quote} TY for your comments, SL 1.22700 price went to 1.22699, I had a couple of chances to bail out at BE but decided to let it run. As I am new to this method/thread, I am trading a mixture of small positions and demo. I like to learn by doing and create a lot of "learning opportunities" eg overtrading and making mistakes. I review at the weekend and try to thin out the bad ones, taking advice along the way. As this seems to be a subject were answers begin with "well that depends", I feel I need to see how different trades fly in...
Wow, so your spread was below 0.1 Pip!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #24,211
  • Dec 8, 2014 6:22am Dec 8, 2014 6:22am
Quoting JibalaPasan
{quote} Wow, so your spread was below 0.1 Pip! Jibala
Yes, was 0.0 when I entered

PU
  • #24,212
  • Dec 8, 2014 6:46am Dec 8, 2014 6:46am
Quoting pullup
{quote} Yes, was 0.0 when I entered PU
That's great!

Kindly pm me your broker, because my broker Oanda is asking much more (only EU).

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #24,213
  • Dec 8, 2014 6:51am Dec 8, 2014 6:51am
Quoting pullup
{quote} Yes, was 0.0 when I entered PU

Pullup,

If you don't mind could you PM me also? That spread would save me bundles!

TIA
Lionsden
  • #24,214
  • Dec 8, 2014 7:03am Dec 8, 2014 7:03am
USD/CHF +5

nice bounce back from Roundnumber
Attached Image (click to enlarge)
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  • #24,215
  • Dec 8, 2014 7:28am Dec 8, 2014 7:28am
GU +7.5 a bit earlier, even Udine's entry would be good for 5 pips.
Attached Image (click to enlarge)
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  • #24,216
  • Dec 8, 2014 7:46am Dec 8, 2014 7:46am
Trade #6 [Bonus trade #4]

GBPUSD +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 55 KB


Masterrmind.........
Master your Mind then Master your Trades
  • #24,217
  • Dec 8, 2014 7:48am Dec 8, 2014 7:48am
Quoting Masterrmind
Trade #6 [Bonus trade #4] GBPUSD +5 TP {image} Masterrmind.........
Good to shoot off those SD levels ... :nerd:
  • #24,218
  • Dec 8, 2014 7:53am Dec 8, 2014 7:53am
Quoting snail69
GU +7.5 a bit earlier, even Udine's entry would be good for 5 pips. {image}
Snail, Masterrmind

What made that break above 1.56200 more appealing to you than the ones that preceded it.

TY
PU
  • #24,219
  • Dec 8, 2014 8:06am Dec 8, 2014 8:06am
Quoting snail69
{quote} Good to shoot off those SD levels ... :nerd:
PA good.

WP well above entry

Anticipating a further push UP.

Masterrmind..........
Master your Mind then Master your Trades
  • #24,220
  • Dec 8, 2014 8:21am Dec 8, 2014 8:21am
Quoting pullup
{quote} Snail, Masterrmind What made that break above 1.56200 more appealing to you than the ones that preceded it. TY PU
Daily Pivot.
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