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As simple as possible: 00 level trading

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  • Post #24,761
  • Quote
  • Dec 16, 2014 6:33am Dec 16, 2014 6:33am
  •  fakeylover
  • | Joined Nov 2014 | Status: Member | 193 Posts
wait wait wait and finally EJ in 40 sec +10
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  • Post #24,762
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  • Dec 16, 2014 6:35am Dec 16, 2014 6:35am
  •  fakeylover
  • | Joined Nov 2014 | Status: Member | 193 Posts
Quoting mwsteiner
Disliked
Trade #2 UJ to BE (would be TP) M15-Setup! Greetz Michael
Ignored
i'm looking to UJ too but the RMDN was red... don't you care about it?
 
 
  • Post #24,763
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  • Dec 16, 2014 6:36am Dec 16, 2014 6:36am
  •  Murksler
  • | Joined Oct 2012 | Status: Member | 159 Posts
3 trades all into TP. I think I'm done for today.
2 more risky trades but I was confident, that the resistances will be broken like the candles before, so I gave it a shot.

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  • Post #24,764
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  • Dec 16, 2014 6:36am Dec 16, 2014 6:36am
  •  francoxxx
  • | Joined Sep 2013 | Status: Member | 9 Posts
Hi everyone especially to the Big One,Mr Udine
I'm an assiduous reader (but not writer) of FF and for some time of this AWESOME thread...I would really like to thank Udine and all members that contribute everyday,you guys are great!
I hope to finish it in short time to actively partecipate.
Anyway grant me a little question : considering the necessity of low spread/commission, wich broker you recommended?
I saw many brokers like Armada or Ic market,both ecn brokers, but prefer your advices to avoid some troubles especially about their honesty.

Thanks in advance
 
 
  • Post #24,765
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  • Dec 16, 2014 6:37am Dec 16, 2014 6:37am
  •  snail69
  • Joined Jan 2010 | Status: Member | 2,020 Posts
Quoting sEit89
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Following the M15 system, would you enter in this situation? {image}
Ignored
No Seit, would enter here.

EJ +28
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  • Post #24,766
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  • Dec 16, 2014 6:39am Dec 16, 2014 6:39am
  •  piphunt3r
  • | Joined Dec 2013 | Status: Member | 176 Posts
Quoting mwsteiner
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Trade #3 EJ to TP (M15 nice and quick ) greetz Michael
Ignored
nice!

Took also a similar trade because of JPY weakness on NZDJPY

NZDJPY +5
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  • Post #24,767
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  • Dec 16, 2014 6:40am Dec 16, 2014 6:40am
  •  fakeylover
  • | Joined Nov 2014 | Status: Member | 193 Posts
Quoting snail69
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{quote} No Seit, would enter here. EJ +28 {image}
Ignored
Hi snail, pardon but the enter at 145.6 could be good by the m15 rules... am i wrong?
 
 
  • Post #24,768
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  • Dec 16, 2014 6:54am Dec 16, 2014 6:54am
  •  fakeylover
  • | Joined Nov 2014 | Status: Member | 193 Posts
ts on gj as always... and a second later +30
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  • Post #24,769
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  • Dec 16, 2014 6:57am Dec 16, 2014 6:57am
  •  snail69
  • Joined Jan 2010 | Status: Member | 2,020 Posts
Quoting fakeylover
Disliked
{quote} Hi snail, pardon but the enter at 145.6 could be good by the m15 rules... am i wrong?
Ignored
Let me explain. At the time as Seit wrote post, it was not clear what gonna happen. Entry after my entry at level 145.60 all good.
 
 
  • Post #24,770
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  • Dec 16, 2014 7:00am Dec 16, 2014 7:00am
  •  mwsteiner
  • | Joined Apr 2009 | Status: Member | 354 Posts
Quoting fakeylover
Disliked
ts on gj as always... and a second later +30 {image}
Ignored
When you have entered? time? normal that should be a SL!!

Greetz Michael
 
 
  • Post #24,771
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  • Dec 16, 2014 7:01am Dec 16, 2014 7:01am
  •  pullup
  • | Joined Nov 2014 | Status: Member | 364 Posts
Quoting snail69
Disliked
{quote} No Seit, would enter here. EJ +28 {image}
Ignored
Very nice snail, I'm still playing by the Udine rules(mostly) but its good to see the possibilities, keep them coming .
How did you set your TP?

EJ to TP
Attached Image


Thanks
PU
 
 
  • Post #24,772
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  • Dec 16, 2014 7:03am Dec 16, 2014 7:03am
  •  fakeylover
  • | Joined Nov 2014 | Status: Member | 193 Posts
Quoting mwsteiner
Disliked
{quote} When you have entered? time? normal that should be a SL!! Greetz Michael
Ignored
Trailing stop not stop loss! The entry was good and go 40+ away from my entry but i get out by TS! the setup was good!
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  • Post #24,773
  • Quote
  • Dec 16, 2014 7:29am Dec 16, 2014 7:29am
  •  snail69
  • Joined Jan 2010 | Status: Member | 2,020 Posts
Quoting pullup
Disliked
{quote} Very nice snail, I'm still playing by the Udine rules(mostly) but its good to see the possibilities, keep them coming . How did you set your TP? EJ to TP {image} Thanks PU
Ignored
Answer is here. http://www.slideshare.net/amibh/fibo...arolyn-boroden
 
 
  • Post #24,774
  • Quote
  • Dec 16, 2014 7:34am Dec 16, 2014 7:34am
  •  Axiom
  • | Joined Mar 2012 | Status: Member | 211 Posts
Quoting snail69
Disliked
{quote} Axiom, attached is pics with my comments. Hope it is clear in that form. You may measure whether you have enough room from your entry to the nearest peak or valley... or pivot level GU +10 was there enough room to the pivot - yes, trade effected ( original TP was also eventually hit , but do not want to risk what is the bag....) {image} {image}
Ignored
Snail69, thanks for your response.

Axiom
 
 
  • Post #24,775
  • Quote
  • Dec 16, 2014 7:43am Dec 16, 2014 7:43am
  •  pullup
  • | Joined Nov 2014 | Status: Member | 364 Posts
Quoting snail69
Disliked
{quote} Answer is here. http://www.slideshare.net/amibh/fibo...arolyn-boroden
Ignored
Thanks for the link, some more light reading .

PU
 
 
  • Post #24,776
  • Quote
  • Dec 16, 2014 7:58am Dec 16, 2014 7:58am
  •  pullup
  • | Joined Nov 2014 | Status: Member | 364 Posts
Quoting snail69
Disliked
{quote} No Seit, would enter here. EJ +28 {image}
Ignored
snail, another question for you.

On your entry, did you place your order at the close of the previous candle, or wait for price to test S1?

PU
 
 
  • Post #24,777
  • Quote
  • Dec 16, 2014 8:01am Dec 16, 2014 8:01am
  •  Udine
  • Joined Jul 2008 | Status: Member | 5,763 Posts
Quoting flinx
Disliked
Hi everyone, Complete newcomer here to the system. Was hoping someone could advise! I've read the first post many times, installed the indicators on post 4, and also read the guide several times, but now the system appears to have deleveoped, and 1237 pages later things are looking quite a bit different (coloured bars indicator along the bottom of peoples charts?) I was hoping someone could point me in the right direction as to where to start, or if someone could explain how to trade the system again in simpler terms.. I don't quite fully...
Ignored

dont worry ,

start at page 1 post 1, watch the charts I posted in the early days of the thread, you will get it soon enough..

the thread has evolved a little, but while you read the thread you will learn a lot and you will find the 15M strategy in there, but no need to rush it..

Udine
Sleep less, live fast, as it aint gonna last
 
 
  • Post #24,778
  • Quote
  • Dec 16, 2014 8:05am Dec 16, 2014 8:05am
  •  Udine
  • Joined Jul 2008 | Status: Member | 5,763 Posts
Quoting Axiom
Disliked
Hi I'm hoping the traders with experience (Udine / MM / Snail69 etc) will answer some queries of mine. Attached is a chart showing GU in a downtrend and pulling back before resuming the downtrend. My questions relates to the entry levels: The pullback after NY open was from a LL at 1.56450. 1. Generally, is it better to enter at a level above the last LL (in this case 1.56550 or 1.56500) and with the TP price above the last LL? 2. Or, is it better to wait for the price to go past the last LL and enter below the last LL level? (Assume the ADR Low...
Ignored

what do the guidelines (page 1) tell you ??

Udine
Sleep less, live fast, as it aint gonna last
 
 
  • Post #24,779
  • Quote
  • Dec 16, 2014 8:12am Dec 16, 2014 8:12am
  •  Udine
  • Joined Jul 2008 | Status: Member | 5,763 Posts
Quoting justomonla
Disliked
{quote} please where did you get the mtf absolute strength histogram?
Ignored

search the paperclip in the upper right hand corner of the page

Udine
Sleep less, live fast, as it aint gonna last
 
 
  • Post #24,780
  • Quote
  • Dec 16, 2014 8:15am Dec 16, 2014 8:15am
  •  Axiom
  • | Joined Mar 2012 | Status: Member | 211 Posts
Quoting Udine
Disliked
{quote} what do the guidelines (page 1) tell you ?? Udine
Ignored
As related to my questions re entry, only the first 00 level (also 05 if trading 15M method) in direction of trend?

Axiom
 
 
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