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As simple as possible: 00 level trading

  • #24,781
  • Dec 16, 2014 7:17am Dec 16, 2014 7:17am
Quoting Axiom
{quote} As related to my questions re entry, only the first 00 level (also 05 if trading 15M method) in direction of trend? Axiom

thats it keep it as imple as possible

Udine
Sleep less, live fast, as it aint gonna last
  • #24,782
  • Dec 16, 2014 7:20am Dec 16, 2014 7:20am
Quoting Udine
{quote} thats it keep it as imple as possible Udine


Axiom
  • #24,783
  • Dec 16, 2014 7:28am Dec 16, 2014 7:28am
think I have answered all questions and PM's in case I have missed one, just let me know

Udine
Sleep less, live fast, as it aint gonna last
  • #24,784
  • Dec 16, 2014 7:37am Dec 16, 2014 7:37am
Quoting pullup
{quote} 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
I watched PA and entered accordingly.
  • #24,785
  • Dec 16, 2014 7:40am Dec 16, 2014 7:40am
Quoting Udine
{quote} thats it keep it as imple as possible Udine
Udine

Would the guideline of only one trade per hour per pair still apply?

Or, perhaps safer still, to only take a trade on the same pair after a pullback and when a new setup presents itself?

Axiom
  • #24,786
  • Dec 16, 2014 7:43am Dec 16, 2014 7:43am
Could someone please Tel me if this is a correct order entry?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (8).png Size: 33 KB


Uptrend as h1 and d1 same colour
Above adr and not been reached

And then to my understanding when the next 00 level is reached enter long with 5tp and 10 SL?
  • #24,787
  • Dec 16, 2014 7:50am Dec 16, 2014 7:50am
Quoting yelena
{quote} thank you. very Machiavellian

I see that as a compliment

Udine
Sleep less, live fast, as it aint gonna last
  • #24,788
  • Dec 16, 2014 7:53am Dec 16, 2014 7:53am
Quoting flinx
Could someone please Tel me if this is a correct order entry? {image} Uptrend as h1 and d1 same colour Above adr and not been reached And then to my understanding when the next 00 level is reached enter long with 5tp and 10 SL?

looks good to me, and what do the rules say ??

Udine
Sleep less, live fast, as it aint gonna last
  • #24,789
  • Dec 16, 2014 8:09am Dec 16, 2014 8:09am
My mistake? or just a stop?
Attached Image (click to enlarge)
Click to Enlarge Name: ejstop.PNG Size: 59 KB
  • #24,790
  • Dec 16, 2014 8:12am Dec 16, 2014 8:12am
Quoting fakeylover
My mistake? or just a stop? {image}
stop
  • #24,791
  • Dec 16, 2014 8:13am Dec 16, 2014 8:13am
Look 4/5 candles back. You try to sell right into resistance. Also RmDn should be red at this entry point.
  • #24,792
  • Dec 16, 2014 8:15am Dec 16, 2014 8:15am
Dear Udine, pls send all indicators and so.. I downloaded them from .1page but my graf is different , thanks



quote=Udine;7947557]{quote} I see that as a compliment Udine[/quote]
  • #24,793
  • Dec 16, 2014 8:17am Dec 16, 2014 8:17am
Quoting Murksler
Look 4/5 candles back. You try to sell right into resistance. Also RmDn should be red at this entry point.
RmDn wasnt red though and the next candle actually went to TP. it just happens.
  • #24,794
  • Dec 16, 2014 8:20am Dec 16, 2014 8:20am
Trade #4 Ej to BE (after that boom to TP.... but as Udine always said: "better safe then sorry" )

Greetz Michael
  • #24,795
  • Dec 16, 2014 8:21am Dec 16, 2014 8:21am
Quoting lionsden
{quote} RmDn wasnt red though and the next candle actually went to TP. it just happens.
Don't you think that at the open of a new H candle ,trading the M15 system is better to wait 1 candle before to enter in a trade?
  • #24,796
  • Dec 16, 2014 8:22am Dec 16, 2014 8:22am
Quoting mwsteiner
Trade #4 Ej to BE (after that boom to TP.... but as Udine always said: "better safe then sorry" ) Greetz Michael
where is your entry? mine go straight into SL... or you trading the h1 ?
  • #24,797
  • Dec 16, 2014 8:24am Dec 16, 2014 8:24am
GJ seems nice...
  • #24,798
  • Dec 16, 2014 8:34am Dec 16, 2014 8:34am
Quoting fakeylover
{quote} Don't you think that at the open of a new H candle ,trading the M15 system is better to wait 1 candle before to enter in a trade?
depends on your indicators and PA....I have others on mine to give me a better look at PA. I was in that trade twice already and out with TP but I took earlier entries that were not in line with these rules. It is all about what you see and your trading experience. sorry to be so vague but I want to stay in line with the rules of the forum and not discuss other indi's. thanks

Lionsden
  • #24,799
  • Dec 16, 2014 8:39am Dec 16, 2014 8:39am
Trade #5 GJ to TP (M15 quick to TP)

Greetz Michael

PS: Last trade for the day! GREEN pips to ALL!!
  • #24,800
  • Dec 16, 2014 8:40am Dec 16, 2014 8:40am
Quoting fakeylover
{quote} where is your entry? mine go straight into SL... or you trading the h1 ?
I take the trade with the next candle!

Greetz Michael
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