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As simple as possible: 00 level trading

  • #24,841
  • Dec 17, 2014 1:57am Dec 17, 2014 1:57am
GJ to SL, i was scared EJ would act the same so i closed it manually. Turned out, i was impatience.
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  • #24,842
  • Dec 17, 2014 1:58am Dec 17, 2014 1:58am
Quoting Udine
Good morning, 2014 was a great trading year, and until the 7th of januari, I will not be trading live anymore, so I thought its time for a test… to give you an idea, of how good, this was my result the last quarter of 2014: {image} THE TEST: Trading hours : Frankfurt open - London close Timeframe : 15M Currency : GBPJPY (The Beast) Daily target : 2 % SL : 10 pips TP : 5 pips Indicators : 1. Daily open line 2. Market Panel Display Controller 3. Grid (2x) 4. Wukar news Candles : All the same color The chart would look like this: {image} I want to...
Good morning Udine, besides the simplicity of the system, why all candles of the same color ?
Porta itineris dicitur longissima esse
  • #24,843
  • Dec 17, 2014 1:59am Dec 17, 2014 1:59am
trade 3..

getting close to the daily target of 2 %

Udine
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Sleep less, live fast, as it aint gonna last
  • #24,844
  • Dec 17, 2014 2:02am Dec 17, 2014 2:02am
Quoting bubincka
{quote} Good morning Udine, besides the simplicity of the system, why all candles of the same color ?

less distraction, basically for fun

Udine
Sleep less, live fast, as it aint gonna last
  • #24,845
  • Dec 17, 2014 2:03am Dec 17, 2014 2:03am
Quoting Udine
trade 3.. getting close to the daily target of 2 % Udine {image}
It was not the first level. Or i missed something.

numberman
  • #24,846
  • Dec 17, 2014 2:05am Dec 17, 2014 2:05am
Quoting numberman
{quote} It was not the first level. Or i missed something. numberman
Numberman,

this has nothing to do with the strategies presented in the thread, this is just a simple test..

Udine
Sleep less, live fast, as it aint gonna last
  • #24,847
  • Dec 17, 2014 2:11am Dec 17, 2014 2:11am
Trade #2 USD/JPY, +7.5
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  • #24,848
  • Dec 17, 2014 2:12am Dec 17, 2014 2:12am
Trade #2 UJ to TP (H1 Setup)

Greetz Michael
  • #24,849
  • Dec 17, 2014 2:15am Dec 17, 2014 2:15am
OK, you know the pair so well that'd almost like to play chess blind
Porta itineris dicitur longissima esse
  • #24,850
  • Dec 17, 2014 2:16am Dec 17, 2014 2:16am
trade 4

my platform froze and the wukar EA (to close the trade @ +5 pips did not kick in until much later...

my script did not even have the time to set the TP, that fast was the entry..

if the platform did not have this delay, and exited the trade @ .550, I would have reached the 2 % also..

So done for the day

Udine
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Sleep less, live fast, as it aint gonna last
  • #24,851
  • Dec 17, 2014 2:17am Dec 17, 2014 2:17am
Quoting bubincka
OK, you know the pair so well that'd almost like to play chess blind

that is what you need to get to

PDF & BCC

Udine
Sleep less, live fast, as it aint gonna last
  • #24,852
  • Dec 17, 2014 2:21am Dec 17, 2014 2:21am
Quoting Udine
stupid or what, forgot the take off the Wheelbarrel EA.. trade 2 now out @ BE instead of TP.. Udine {image}
i was in GBPJPY trade also, hit SL then went up again...
Udine, don mind can advise is it my setting wrong or???
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Click to Enlarge Name: GBPJPYM15.png Size: 23 KB
  • #24,853
  • Dec 17, 2014 2:23am Dec 17, 2014 2:23am
EJ to SL [H1]
Comment : after many consecutive wins obtained respecting PDF & BCC here is the terrible SL. Clearly for lack of patience...
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Porta itineris dicitur longissima esse
  • #24,854
  • Dec 17, 2014 2:26am Dec 17, 2014 2:26am
Quoting ngeng
{quote} i was in GBPJPY trade also, hit SL then went up again... Udine, don mind can advise is it my setting wrong or??? {image}

if you have less experience simply wait for London to open first and then pick your battles.

Udine
Sleep less, live fast, as it aint gonna last
  • #24,855
  • Dec 17, 2014 2:29am Dec 17, 2014 2:29am
Quoting Udine
{quote} if you have less experience simply wait for London to open first and then pick your battles. Udine
noted..
  • #24,856
  • Dec 17, 2014 2:43am Dec 17, 2014 2:43am
EU out by TS.
Comment : today, among the basics, the couple of pairs that clearly trend after LO are GJ & GU, but I DECIDED TO trade EJ & EU. Results speak by themselves, a clear beginner's mistake .
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Porta itineris dicitur longissima esse
  • #24,857
  • Dec 17, 2014 2:45am Dec 17, 2014 2:45am
Quoting bubincka
EU out by TS. Comment : today, among the basics, the couple of pairs that clearly trend after LO are GJ & GU, but I DECIDED TO trade EJ & EU. Results speak by themselves, a clear beginner's mistake . {image}

put the news indi on your charts..

GU and GJ were a no no, because of GBP red news coming up in 45 minutes !!

Udine
Sleep less, live fast, as it aint gonna last
  • #24,858
  • Dec 17, 2014 3:22am Dec 17, 2014 3:22am
auscad +5
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  • #24,859
  • Dec 17, 2014 3:23am Dec 17, 2014 3:23am
High impact soon on GBP and EURO took my first one on AJ +5
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  • #24,860
  • Dec 17, 2014 3:26am Dec 17, 2014 3:26am
Quoting Udine
{quote} put the news indi on your charts.. GU and GJ were a no no, because of GBP red news coming up in 45 minutes !! Udine
Hi Udine, I know of the news, I've NewsCal 1.07 active.
I meant there was half an hour before red news limit after LO in which it was better to choose GJ and GU.
Porta itineris dicitur longissima esse
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