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As simple as possible: 00 level trading

  • #24,861
  • Dec 17, 2014 3:34am Dec 17, 2014 3:34am
Quoting bubincka
{quote} 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.

ok

was afraid you had not checked the news

Udine
Sleep less, live fast, as it aint gonna last
  • #24,862
  • Dec 17, 2014 3:46am Dec 17, 2014 3:46am
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...
I don't think you will find that a problem at all Udine.

You might need some S+R lines and a couple of trendlines from time to time but I'm betting you will be able to get the 2%/day

I think more is likely though

Good trading to you........

Masterrmind...............
Master your Mind then Master your Trades
  • #24,863
  • Dec 17, 2014 3:52am Dec 17, 2014 3:52am
Quoting Masterrmind
{quote} I don't think you will find that a problem at all Udine. You might need some S+R lines and a couple of trendlines from time to time but I'm betting you will be able to get the 2%/day I think more is likely though Good trading to you........ Masterrmind...............

nahh only left eye and right eye, should do it..

Udine
Sleep less, live fast, as it aint gonna last
  • #24,864
  • Dec 17, 2014 4:04am Dec 17, 2014 4:04am
Quoting Udine
{quote} nahh only left eye and right eye, should do it.. Udine
As long as you pick up the zones of hesitation and the little bounces one way or the other I think you will do fine.

Correction........ I know you will do fine....

Masterrmind............
Master your Mind then Master your Trades
  • #24,865
  • Dec 17, 2014 4:19am Dec 17, 2014 4:19am
Hello ,Traders,

Today I`ve started traiding M15, got hit SL . Was it good trade? If not, why?
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Thank You
  • #24,866
  • Dec 17, 2014 4:32am Dec 17, 2014 4:32am
Don't know why M15 strategy doesn't work for me
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  • #24,867
  • Dec 17, 2014 4:33am Dec 17, 2014 4:33am
Quoting Bendamdam
Hello ,Traders, Today I`ve started traiding M15, got hit SL . Was it good trade? If not, why? {image} Thank You

when you start out, start trading AFTER London open..

Udine
Sleep less, live fast, as it aint gonna last
  • #24,868
  • Dec 17, 2014 4:35am Dec 17, 2014 4:35am
H1 system, TP. I am so confused, I don't know now if there was lucky or what...
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  • #24,869
  • Dec 17, 2014 4:36am Dec 17, 2014 4:36am
GJ to SL [M15]
Comment : definitely not my best day !
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Porta itineris dicitur longissima esse
  • #24,870
  • Dec 17, 2014 4:40am Dec 17, 2014 4:40am
Udine, please explaine why this trade was wrong?
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thanks in advance.
  • #24,871
  • Dec 17, 2014 4:54am Dec 17, 2014 4:54am
Is this is a correct entry ??

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  • #24,872
  • Dec 17, 2014 5:03am Dec 17, 2014 5:03am
Quoting Kubiasty
Is this is a correct entry ?? {image}
I would be in this one too .. but i'm late so no trade! Good one for me...
  • #24,873
  • Dec 17, 2014 5:04am Dec 17, 2014 5:04am
GBP/JPY to TP [H1 System]
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  • #24,874
  • Dec 17, 2014 5:05am Dec 17, 2014 5:05am
Quoting bubincka
GJ to SL [M15] Comment : definitely not my best day ! {image}
I wasn't able to take this trade but if i was.... probably i take the same trade... GJ is one of the most difficoult pair to trade... and i'm thinking to avoid it for the moment...
  • #24,875
  • Dec 17, 2014 5:07am Dec 17, 2014 5:07am
Quoting sEit89
H1 system, TP. I am so confused, I don't know now if there was lucky or what... {image}

when you are confused, dont trade, go over old charts, sit and watch the charts AND DO NOTHING..

Udine
Sleep less, live fast, as it aint gonna last
  • #24,876
  • Dec 17, 2014 5:08am Dec 17, 2014 5:08am
Quoting fakeylover
{quote} I wasn't able to take this trade but if i was.... probably i take the same trade... GJ is one of the most difficoult pair to trade... and i'm thinking to avoid it for the moment...
True. Somebody here call it "The Beast". Maybe there were hints to avoid this entry in spite of signal given by the strategy and hopefully masters will give reasons.
Porta itineris dicitur longissima esse
  • #24,877
  • Dec 17, 2014 5:12am Dec 17, 2014 5:12am
Quoting musicant
Udine, please explaine why this trade was wrong? {image} thanks in advance.

I know we were 30 minutes after the red news, but when I look at your chart, I see the GJ ranging... no clear direction..

so ask yourself, was that a nice low risk entry ??

Udine
Sleep less, live fast, as it aint gonna last
  • #24,878
  • Dec 17, 2014 5:14am Dec 17, 2014 5:14am
Quoting Udine
{quote} I know we were 30 minutes after the red news, but when I look at your chart, I see the GJ ranging... no clear direction.. so ask yourself, was that a nice low risk entry ?? Udine
Thank you/ I'll try to understand it
  • #24,879
  • Dec 17, 2014 5:14am Dec 17, 2014 5:14am
Quoting Kubiasty
Is this is a correct entry ?? {image}

does it comply with the guidelines ??

Udine
Sleep less, live fast, as it aint gonna last
  • #24,880
  • Dec 17, 2014 5:20am Dec 17, 2014 5:20am
UJ to SL

Anything wrong with this entry?

regards, tommsen
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