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As simple as possible: 00 level trading

  • #25,021
  • Dec 18, 2014 9:55am Dec 18, 2014 9:55am
Quoting Udine
{quote} Hey Empire, thx and I wish you all the best as well...and that your goals will be reached in 2015 you're good, all going according to plan?? Udine
I am doing great and already looking forward to 2015, will close shop tomorrow and head to Europe for x-mass.

same too my bud for up coming year.
Passion, Persist, Patience, Protect
  • #25,022
  • Dec 18, 2014 10:04am Dec 18, 2014 10:04am
H1 entry: EJ +4 and EC ts
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  • #25,023
  • Dec 18, 2014 11:09am Dec 18, 2014 11:09am
CJ H1 Entry +5.4
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  • #25,024
  • Dec 18, 2014 12:26pm Dec 18, 2014 12:26pm
EU +5
H1
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  • #25,025
  • Dec 18, 2014 1:02pm Dec 18, 2014 1:02pm
whats the name of the indicator where you can see the daily candle on the right ? thx 4 help, cant find it at the paperclip :/
  • #25,026
  • Dec 18, 2014 1:03pm Dec 18, 2014 1:03pm
EJ+5
H1
Attached Image (click to enlarge)
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  • #25,027
  • Dec 18, 2014 1:09pm Dec 18, 2014 1:09pm
Quoting Hoffi4201
whats the name of the indicator where you can see the daily candle on the right ? thx 4 help, cant find it at the paperclip :/
I believe it's called AnyCandle.
  • #25,028
  • Dec 18, 2014 1:11pm Dec 18, 2014 1:11pm
right, thanks !!
  • #25,029
  • Dec 18, 2014 2:28pm Dec 18, 2014 2:28pm
EJ +5
Attached Image (click to enlarge)
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  • #25,030
  • Dec 18, 2014 3:48pm Dec 18, 2014 3:48pm
Quoting Udine
ok here the update of the account I played with yesterday.. remember both are demo accounts, as you know I dont trade live anymore until the 7th of January !! {image} the median renko is doing its work as well.. {image} will keep on testing request to any non believers, please keep your comments to yourself... thx in advance... stay green Udine
Hello Udine,

Where can i find that profit indicator you had on the screenshot. Really would like to use one

Thanks
  • #25,031
  • Dec 18, 2014 4:18pm Dec 18, 2014 4:18pm
Quoting Chalkedon
{quote} Hello Udine, Where can i find that profit indicator you had on the screenshot. Really would like to use one Thanks
http://assets.forexfactory.net/images/attach/mq4.gif i-Profit Tracker-Fixed.mq4
  • #25,032
  • Edited 10:57pm Dec 18, 2014 10:16pm | Edited 10:57pm
I would like to be on your side, work less earn more. numberman

Number, it does not work that way, even it seems to....
  • #25,033
  • Dec 18, 2014 11:40pm Dec 18, 2014 11:40pm
Quoting Udine
{quote} Welcome Empire, no you simply check the moment... so like the EJ trade of just now.. 1. the 1D candle is red so we know we only trade short.. 2. the previous 1H candle closed @ 138.537 (you dont care about the color of the candle) 3. as we only trade short and only the first 00 level, which is 138.500, we put in a pending order at 138.500 and then simply wait. 4. if the price goes up, the trade wont be triggered, so nothing lost there, but 5. if the price goes down, the 1H candle "magically" turns red and the trade gets triggered... It is...
Udine.

Question to ask:
Refer to above case, if the short triggered but the price didn't went as your way.
How to explain this?
Sorry if this is a stupid question.
  • #25,034
  • Dec 19, 2014 12:59am Dec 19, 2014 12:59am
Quoting ngeng
{quote} Udine. Question to ask: Refer to above case, if the short triggered but the price didn't went as your way. How to explain this? Sorry if this is a stupid question.

Ngeng,

this is an old reply, could you please post your questions with chart, so I know exactly what we are talking about ??

thx in advance

Udine
Sleep less, live fast, as it aint gonna last
  • #25,035
  • Dec 19, 2014 2:20am Dec 19, 2014 2:20am
Buenos días!

Trade #1 EUR/JPY to TP.
Attached Image
  • #25,036
  • Dec 19, 2014 2:38am Dec 19, 2014 2:38am
Quoting Udine
{quote} Ngeng, this is an old reply, could you please post your questions with chart, so I know exactly what we are talking about ?? thx in advance Udine
Sorry Udine.
It's just my assumption if the trade didn't went according to your way. But entry was base on the rules.
  • #25,037
  • Dec 19, 2014 2:49am Dec 19, 2014 2:49am
Quoting ngeng
{quote} Sorry Udine. It's just my assumption if the trade didn't went according to your way. But entry was base on the rules.

sorry I dont understand your question...

If you have a pending set and the trade gets triggered, you have 3 possibilities:

1. hit Stoploss
2. out by trailstop
3. hit take profit

If a pending is set and the trade does not get triggered, you simply remove the pending order..

What is is there to understand ???

Udine
Sleep less, live fast, as it aint gonna last
  • #25,038
  • Dec 19, 2014 3:00am Dec 19, 2014 3:00am
GU to SL

Mr. Udine can you help me with this.
Attached Image
  • #25,039
  • Dec 19, 2014 3:14am Dec 19, 2014 3:14am
Quoting numberman
GU to SL Mr. Udine can you help me with this. {image}
Hi numberman, me too got SL. There were at least two "errors" taking this trade: 1) too close to DO 2) you can see in my chart the pink dashed line, it is the weekly pivot, a enough strong resistance level since a while.

Best Bubincka
Attached Image (click to enlarge)
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Porta itineris dicitur longissima esse
  • #25,040
  • Dec 19, 2014 3:16am Dec 19, 2014 3:16am
Quoting numberman
GU to SL Mr. Udine can you help me with this. {image}

IMHO
1. no clear direction
2. the weekly pivot is @ .720, does not help either..

conclusion: no low risk entry.., ther will be better entries

Udine
Sleep less, live fast, as it aint gonna last
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