As simple as possible: 00 level trading | Page 1239 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

As simple as possible: RENKO M5 trading 75 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple Level Trading 1 reply

Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies

Attachments: As simple as possible: 00 level trading
Exit Attachments

As simple as possible: 00 level trading

  • #24,761
  • Dec 16, 2014 5:35am Dec 16, 2014 5:35am
Quoting mwsteiner
Trade #2 UJ to BE (would be TP) M15-Setup! Greetz Michael
i'm looking to UJ too but the RMDN was red... don't you care about it?
  • #24,762
  • Dec 16, 2014 5:36am Dec 16, 2014 5:36am
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.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM15.png Size: 86 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 86 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 87 KB
  • #24,763
  • Dec 16, 2014 5:36am Dec 16, 2014 5:36am
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
  • #24,764
  • Dec 16, 2014 5:37am Dec 16, 2014 5:37am
Quoting sEit89
Following the M15 system, would you enter in this situation? {image}
No Seit, would enter here. :nerd:

EJ +28
Attached Image (click to enlarge)
Click to Enlarge Name: pEURJPY+M15.png Size: 41 KB
  • #24,765
  • Dec 16, 2014 5:39am Dec 16, 2014 5:39am
Quoting mwsteiner
Trade #3 EJ to TP (M15 nice and quick ) greetz Michael
nice!

Took also a similar trade because of JPY weakness on NZDJPY

NZDJPY +5
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYM15.png Size: 80 KB
  • #24,766
  • Dec 16, 2014 5:40am Dec 16, 2014 5:40am
Quoting snail69
{quote} No Seit, would enter here. :nerd: EJ +28 {image}
Hi snail, pardon but the enter at 145.6 could be good by the m15 rules... am i wrong?
  • #24,767
  • Dec 16, 2014 5:54am Dec 16, 2014 5:54am
ts on gj as always... and a second later +30
Attached Image (click to enlarge)
Click to Enlarge Name: tsgj.PNG Size: 58 KB
  • #24,768
  • Dec 16, 2014 5:57am Dec 16, 2014 5:57am
Quoting fakeylover
{quote} Hi snail, pardon but the enter at 145.6 could be good by the m15 rules... am i wrong?
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.
  • #24,769
  • Dec 16, 2014 6:00am Dec 16, 2014 6:00am
Quoting fakeylover
ts on gj as always... and a second later +30 {image}
When you have entered? time? normal that should be a SL!!

Greetz Michael
  • #24,770
  • Dec 16, 2014 6:01am Dec 16, 2014 6:01am
Quoting snail69
{quote} No Seit, would enter here. :nerd: EJ +28 {image}
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
  • #24,771
  • Dec 16, 2014 6:03am Dec 16, 2014 6:03am
Quoting mwsteiner
{quote} When you have entered? time? normal that should be a SL!! Greetz Michael
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!
Attached Image (click to enlarge)
Click to Enlarge Name: gj.PNG Size: 60 KB
  • #24,772
  • Dec 16, 2014 6:29am Dec 16, 2014 6:29am
Quoting pullup
{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
Answer is here. http://www.slideshare.net/amibh/fibo...arolyn-boroden
  • #24,773
  • Dec 16, 2014 6:34am Dec 16, 2014 6:34am
Quoting snail69
{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}
Snail69, thanks for your response.

Axiom
  • #24,774
  • Dec 16, 2014 6:43am Dec 16, 2014 6:43am
Quoting snail69
{quote} Answer is here. http://www.slideshare.net/amibh/fibo...arolyn-boroden
Thanks for the link, some more light reading .

PU
  • #24,775
  • Dec 16, 2014 6:58am Dec 16, 2014 6:58am
Quoting snail69
{quote} No Seit, would enter here. :nerd: EJ +28 {image}
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
  • #24,776
  • Dec 16, 2014 7:01am Dec 16, 2014 7:01am
Quoting flinx
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...

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
  • #24,777
  • Dec 16, 2014 7:05am Dec 16, 2014 7:05am
Quoting Axiom
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...

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

Udine
Sleep less, live fast, as it aint gonna last
  • #24,778
  • Dec 16, 2014 7:12am Dec 16, 2014 7:12am
Quoting justomonla
{quote} please where did you get the mtf absolute strength histogram?

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

Udine
Sleep less, live fast, as it aint gonna last
  • #24,779
  • Dec 16, 2014 7:15am Dec 16, 2014 7:15am
Quoting Udine
{quote} what do the guidelines (page 1) tell you ?? Udine
As related to my questions re entry, only the first 00 level (also 05 if trading 15M method) in direction of trend?

Axiom
  • #24,780
  • Dec 16, 2014 7:15am Dec 16, 2014 7:15am
Quoting yelena
Udine, in your twitter page, I saw trades entered in 05's instead of 00's. What's the rationale? Thanks.

Hi Yelena, it is the 15M strategy, if you search the paperclip in the upper right hand corner, you will find, think post 21.712 an indicator with the rules..

the 15M strategy is bonus for people whe read the thread

Udine
Sleep less, live fast, as it aint gonna last
11 traders viewing now