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As simple as possible: 00 level trading

  • #24,681
  • Dec 15, 2014 3:20am Dec 15, 2014 3:20am
Quoting tantor1973
I personally, just watching the markets not trading until next year just waking up early to keep up with the routine
That's what I call commitment to better trading!

Hope it pays well for you!

Masterrmind............
Master your Mind then Master your Trades
  • #24,682
  • Dec 15, 2014 3:21am Dec 15, 2014 3:21am
Quoting Emmpoli
{quote} nice one bubincka. @ Mastermind, this is exactly what I'm talking about.
Yes good.....

PM's replied to all....

Masterrmind...........
Master your Mind then Master your Trades
  • #24,683
  • Dec 15, 2014 3:28am Dec 15, 2014 3:28am
EU ---> TS
Attached Image
It must come from a need!
  • #24,684
  • Dec 15, 2014 3:29am Dec 15, 2014 3:29am
Quoting GoForPip
{quote} As I wrote "SL is SL". No major support on 147.200. My S1 is 147.250. {image}
Well, S1 is a major support.
Attached Image (click to enlarge)
Click to Enlarge Name: ppEURJPY+M15.png Size: 99 KB
  • #24,685
  • Dec 15, 2014 3:30am Dec 15, 2014 3:30am
GJ ----> TP
Attached Image
It must come from a need!
  • #24,686
  • Dec 15, 2014 3:33am Dec 15, 2014 3:33am
Quoting GoForPip
{quote} As I wrote "SL is SL". No major support on 147.200. My S1 is 147.250. {image}
Support is a zone of levels not a single price level......based off the screen shot in post #24681 of the EJ pair.

I see multiple instances of support related concerns at or near the 200 level..........

Carefully thought out trades are needed!

Masterrmind............. :nerd:
Master your Mind then Master your Trades
  • #24,687
  • Dec 15, 2014 3:33am Dec 15, 2014 3:33am
Good morning GJ +5 , EJ +5 , H1 STRATEGY
http://i57.tinypic.com/xdck12.png

http://i57.tinypic.com/jpx3pw.png
  • #24,688
  • Dec 15, 2014 3:38am Dec 15, 2014 3:38am
Hi guys nice Start into the new week!!

EA and EJ to TP

Greetz Michael
  • #24,689
  • Dec 15, 2014 3:41am Dec 15, 2014 3:41am
Quoting snail69
{quote} Well, S1 is a major support. {image}
S1 is major support period.
Price broke trough S1.
No major support below S1.
Price could easily gone to TP without any obstacles. It did not!

No trade is absolutely risk free. We trade we risk.

I am not saying my deduction is absolute or correct, but it think with wick up harami in game, and lower close, that was a good entry.
Price already proved me wrong but I could also be right.
  • #24,690
  • Dec 15, 2014 3:42am Dec 15, 2014 3:42am
EU +8, i closed it manually.
Attached Image
  • #24,691
  • Dec 15, 2014 3:43am Dec 15, 2014 3:43am
EU +16

Finish now, before cowboys' session.
Attached Image (click to enlarge)
Click to Enlarge Name: pEURUSD+M15.png Size: 39 KB
  • #24,692
  • Dec 15, 2014 3:48am Dec 15, 2014 3:48am
Quoting Masterrmind
{quote} Support is a zone of levels not a single price level......based off the screen shot in post #24681 of the EJ pair. I see multiple instances of support related concerns at or near the 200 level.......... Carefully thought out trades are needed! Masterrmind............. :nerd:
I agree with you. I am all for sniping trades. But it really had no major support on 5 pip scalp scale. I would ( and I believe other traders also) very much appreciate if you can make chart with support related concerns. Thanks in advance.
  • #24,693
  • Dec 15, 2014 3:57am Dec 15, 2014 3:57am
Quoting GoForPip
{quote} S1 is major support period. Price broke trough S1. No major support below S1. Price could easily gone to TP without any obstacles. It did not! No trade is absolutely risk free. We trade we risk. I am not saying my deduction is absolute or correct, but it think with wick up harami in game, and lower close, that was a good entry. Price already proved me wrong but I could also be right.
Price broke S1 , BUT did not close below S1 and you just happened to sell into demand. (magenta line)
Attached Image (click to enlarge)
Click to Enlarge Name: ppEURJPY+M15.png Size: 117 KB
  • #24,694
  • Dec 15, 2014 3:58am Dec 15, 2014 3:58am
Quoting Emmpoli
{quote} nice one bubincka. @ Mastermind, this is exactly what I'm talking about.
Thank you Emmpoli. In the beginning I traded H1 method entering almost always the first M15 candle and took many losses. Then, after studying many Mastermind's trades I refined my entries and things began to get better. Still a lot to learn, for the moment a big thank you to Mastermind.
Porta itineris dicitur longissima esse
  • #24,695
  • Dec 15, 2014 4:05am Dec 15, 2014 4:05am
not very satisfy but a little better....

Too much TS beacuse of spread could be a very big problem for me...

Look at GJ, 2 TP that become two +1....
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Click to Enlarge Name: eujpy.png Size: 63 KB
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  • #24,696
  • Dec 15, 2014 4:06am Dec 15, 2014 4:06am
GJ ----> TS
Attached Image
It must come from a need!
  • #24,697
  • Dec 15, 2014 4:10am Dec 15, 2014 4:10am
Quoting GoForPip
{quote} I agree with you. I am all for sniping trades. But it really had no major support on 5 pip scalp scale. I would ( and I believe other traders also) very much appreciate if you can make chart with support related concerns. Thanks in advance.
The post I quoted from shows an EJ chart clearly with these zones!

Should be obvious.

If not then try this one:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 69 KB


I hope that answers your question.

Good trading,

Masterrmind............
Master your Mind then Master your Trades
  • #24,698
  • Dec 15, 2014 4:34am Dec 15, 2014 4:34am
Another TS on Gj
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Click to Enlarge Name: beasts.png Size: 65 KB
  • #24,699
  • Dec 15, 2014 4:40am Dec 15, 2014 4:40am
had also quite a few TS today. very strange market.
  • #24,700
  • Dec 15, 2014 4:45am Dec 15, 2014 4:45am
GU to TP

I hope this will continue every day.
Attached Image
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