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As simple as possible: 00 level trading

  • #24,321
  • Dec 9, 2014 8:42am Dec 9, 2014 8:42am
Quoting Masterrmind
{quote} Hints: 1. What was the trend (roughly) through FF ? 2. What was PA doing at the end of the very first candle of the London Open on your chart? Keep the probability on your side......... it clearly was not in this case. Masterrmind.............
Now i see, there was a huge reversal. Thanks MM, and sweet dreams.
  • #24,322
  • Dec 9, 2014 8:45am Dec 9, 2014 8:45am
GU +20
Attached Image (click to enlarge)
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  • #24,323
  • Dec 9, 2014 8:56am Dec 9, 2014 8:56am
Unlucky or what?
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  • #24,324
  • Dec 9, 2014 9:06am Dec 9, 2014 9:06am
Quoting fakeylover
Unlucky or what? {image}
You have should enter one candle before!

Greetz Michael

PS: Hello guys i´m back was away over the long weekend.

4 Trades today: SL (my fault enter to late...), 2xTP and BE (would be TP++)
  • #24,325
  • Dec 9, 2014 9:18am Dec 9, 2014 9:18am
Quoting messiah01
Hi Udine - with liquidity dying down over Christmas (like your August break) just wondering how much time off you will take from the markets at this time of year? - Cheers

this will probably be the last week live trading and then beack to live trading in the week of the 7th of january...

Udine
Sleep less, live fast, as it aint gonna last
  • #24,326
  • Dec 9, 2014 9:21am Dec 9, 2014 9:21am
Quoting piphunt3r
{quote} Harmonic is indeed very powerful On USD/JPY i spotted a Bat pattern if i'm not mistaken. Entry would have been with the M15 system (HA and ASH turned red) I didn't take this trade however because it was under the RgL. {image}
Really interesting picture afterwards.
  • #24,327
  • Dec 9, 2014 9:30am Dec 9, 2014 9:30am
Quoting snail69
{quote} Really interesting picture afterwards.
Would have been easy 150 pips and a lamborghini in my garage

But i followed the rules instead :nerd:

What the hell tomorrow there are new opportunities

edit: over 180 pips now. I need a drink now See you tomorrow
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  • #24,328
  • Dec 9, 2014 9:39am Dec 9, 2014 9:39am
Quoting piphunt3r
{quote} Would have been easy 150 pips and a lamborghini in my garage But i followed the rules instead :nerd: What the hell tomorrow there are new opportunities edit: over 180 pips now. I need a drink now See you tomorrow {image}
Sure enjoy. Just to help to see "extension" of Udine's teaching. What often happens after his entry. And this was just one pair.
  • #24,329
  • Dec 9, 2014 12:13pm Dec 9, 2014 12:13pm
hi mr udine
pleas correct me if I'm wrong
in a 10k account
stop-loss 10 pip
take profit 5 pip
3pip for broker
2 pip for me
if risk be at 10 percent per trade therefor the size of every trade should be 10 lots
right???
so if i want to make money i should win 6 trade out of 7 trades(86 percent more and less)
because every trade only gives me 200$ and if i lose 1 trade i actually lost 1000$

so mr udine do you have have 86 percent wining rate do you win enough so at the end of the week you'd be able to say this week i made 1000$
don't give me wrong i have been trading Forex for a long time and this system of yours probably is one of the best system i ever seen and trust me i seen a lot of junk but yours is different at least to me i don't know about other people
do you make your 200$ daily ?
what is your winning rate?
  • #24,330
  • Dec 9, 2014 4:25pm Dec 9, 2014 4:25pm
Trade #1

EURCAD +5 TP

Attached Image (click to enlarge)
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Early bird trade........

Masterrmind...........
Master your Mind then Master your Trades
  • #24,331
  • Dec 9, 2014 4:38pm Dec 9, 2014 4:38pm
Quoting Masterrmind
Trade #1 EURCAD +5 TP {image} Early bird trade........ Masterrmind...........
Day is not even "day" and you are already hunting.
  • #24,332
  • Dec 9, 2014 4:50pm Dec 9, 2014 4:50pm
Quoting snail69
{quote} Day is not even "day" and you are already hunting.
Just a quick look and found something I liked........... :nerd:

Will be away for a few hours.......

See you a couple of hours into Tokyo Session....

When the trades present themselves......... one must take advantage...yes?

Masterrmind............
Master your Mind then Master your Trades
  • #24,333
  • Dec 9, 2014 5:21pm Dec 9, 2014 5:21pm
Quoting snail69
UJ +17 a perfect Udine's entry, if you use Daily Open. :nerd: Edit: After a coffee, much better. {image}
regarding to your UJ trade from 8.12 you mentioned fibonacci extension level for setting the TP.

right after Udines M15 system entry the price dropped right to the 161.8 fibo extension level if i'm not mistaken.

I stick to the 5 pip TP according to the system. However when i see for example a nice harmonic setup and everything else looks also good i think its worth considering to think about adjusting the TP.

Thank you for the suggestion snail fibo extension is a useful tool to determine possible TP levels
  • #24,334
  • Dec 9, 2014 5:37pm Dec 9, 2014 5:37pm
2 trades during To session

Cj +5
Gj +5

The script are set to risk 2%, i've made 10 pips so i have to reach the target of 2% but the tracker show 1.16 % profit... i don't know
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Attached Image
  • #24,335
  • Dec 9, 2014 5:58pm Dec 9, 2014 5:58pm
Are the first trade that post
correct me if I did something wrong please

EU+5
UY+5
GU+2(trailstop)

Attached Image (click to enlarge)
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  • #24,336
  • Dec 9, 2014 9:14pm Dec 9, 2014 9:14pm
Quoting Gio10
Are the first trade that post correct me if I did something wrong please EU+5 UY+5 GU+2(trailstop) {image} {image} {image}
I think your trades are good!

Nice work!

Masterrmind............
Master your Mind then Master your Trades
  • #24,337
  • Dec 9, 2014 9:15pm Dec 9, 2014 9:15pm
Lets see what the Asian session still has to offer.

Masterrmind...........
Master your Mind then Master your Trades
  • #24,338
  • Dec 9, 2014 9:57pm Dec 9, 2014 9:57pm
Trade #2

EURCAD +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB


Done for the day!

Masterrmind...........
Master your Mind then Master your Trades
  • #24,339
  • Dec 9, 2014 10:25pm Dec 9, 2014 10:25pm
The yen is strengthening against most of its counterparts.
With God all things are possible.
  • #24,340
  • Dec 9, 2014 10:57pm Dec 9, 2014 10:57pm
hi Mr Mastermind.
i havent waited for the new hour, could it be against the 15M rule.
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