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As simple as possible: 00 level trading

  • #25,461
  • Jan 8, 2015 1:23am Jan 8, 2015 1:23am
Quoting numberman
{quote} Why was that e​ntry on AJ? ​​Numberman
I do not blindly follow the rules just to get in a trade! One can not expect to have the right momentum & strength always at the 1st break of a specified level. Therefore, whenever it happens, a order will be send.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #25,462
  • Jan 8, 2015 1:32am Jan 8, 2015 1:32am
Quoting yelena
{quote} This system trades away from red news. So PA is relatively stable and consistent. Therefore, stops are counter-intuitive IMHO. No hard stop no trailing stop. Just close of M15 candle that bears the should-have-been-5-pips. Instead of looking at charts I look only at the time. Patience means Still on testing phase. 28 more days.
Thank you

Its a bold strategy, really interested to see how it works out! Please let us know
  • #25,463
  • Jan 8, 2015 1:34am Jan 8, 2015 1:34am
Quoting JibalaPasan
{quote} I do not blindly follow the rules just to get in a trade! One can not expect to have the right momentum & strength always at the 1st break of a specified level. Therefore, whenever it happens, a order will be send. Jibala
Jibala. What help you made that decision.

Numberman
  • #25,464
  • Jan 8, 2015 1:50am Jan 8, 2015 1:50am
today testing the median renko on a small live account...

results so far satisfactory

Udine
Attached Image(s) (click to enlarge)
Click to Enlarge Name: test mini live account.jpg Size: 113 KB
Click to Enlarge Name: statement summary.jpg Size: 116 KB
Sleep less, live fast, as it aint gonna last
  • #25,465
  • Jan 8, 2015 2:00am Jan 8, 2015 2:00am
Quoting Udine
today testing the median renko on a small live account... results so far satisfactory Udine {image} {image}
spill it!
  • #25,466
  • Jan 8, 2015 2:07am Jan 8, 2015 2:07am
Quoting yelena
{quote} spill it!

patience Grasshopper..

still finetuning

Udine
Sleep less, live fast, as it aint gonna last
  • #25,467
  • Jan 8, 2015 2:20am Jan 8, 2015 2:20am
Quoting yelena
And these are follow-up trades EY+GY= +1 Edit add EU: +9 +29 total running {image}
+7 +28

total 65 (less my stupid huge spreads)

I think my $ are on the close of the M15 candles. For 3 hours of trading I''m very satisfied with the results, entries and exits.
Attached Image (click to enlarge)
Click to Enlarge Name: 010815_3.png Size: 41 KB
  • #25,468
  • Jan 8, 2015 2:24am Jan 8, 2015 2:24am
Quoting yelena
{quote} +7 +28 total 65 (less my stupid huge spreads) I think my $ are on the close of the M15 candles. For 3 hours of trading I''m very satisfied with the results, entries and exits. {image}


Udine
Sleep less, live fast, as it aint gonna last
  • #25,469
  • Jan 8, 2015 2:38am Jan 8, 2015 2:38am
Quoting yelena
{quote} +7 +28 total 65 (less my stupid huge spreads) I think my $ are on the close of the M15 candles. For 3 hours of trading I''m very satisfied with the results, entries and exits.
Do you place orders only when new hour bar starts? If so, does that order valid till the end of hour?
  • #25,470
  • Jan 8, 2015 2:43am Jan 8, 2015 2:43am
Hi,

I just want to check if my ADR Indicator and RmUp and RmDn are correct. Is it normal that my RbH is so close to my Daily Open Line, and Rgl Low is way down there?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: ADR.PNG Size: 76 KB
  • #25,471
  • Jan 8, 2015 2:45am Jan 8, 2015 2:45am
Quoting Dezil
{quote} Do you place orders only when new hour bar starts? If so, does that order valid till the end of hour?
Hi Dezil,

From what I understand yes, only when new bar starts we place pending orders. It is valid until the hour ends, but most of the time it gets filled in the first 30 mins. I normally close the pending order if not filled by then, because I don't feel like the Market has got the momentum to get to my TP (not sure if this is in line with the rules though...)
  • #25,472
  • Jan 8, 2015 2:46am Jan 8, 2015 2:46am
Quoting Vlad13685
Hi, I just want to check if my ADR Indicator and RmUp and RmDn are correct. Is it normal that my RbH is so close to my Daily Open Line, and Rgl Low is way down there? Thanks {image}

all is correct

Udine
Sleep less, live fast, as it aint gonna last
  • #25,473
  • Jan 8, 2015 2:54am Jan 8, 2015 2:54am
i see many of you open a trade using the H1 method when the prior bar is not according with the D1 colour... is out of rules or am i wrong?
  • #25,474
  • Jan 8, 2015 2:57am Jan 8, 2015 2:57am
Quoting fakeylover
i see many of you open a trade using the H1 method when the prior bar is not according with the D1 colour... is out of rules or am i wrong?

prior 1H bar color is not important, only the present bar color counts

Udine
Sleep less, live fast, as it aint gonna last
  • #25,475
  • Jan 8, 2015 3:28am Jan 8, 2015 3:28am
Quoting yelena
{quote} +7 +28 total 65 (less my stupid huge spreads) I think my $ are on the close of the M15 candles. For 3 hours of trading I''m very satisfied with the results, entries and exits. {image}
I'm wondering why stupid huge spreads? 0.3 on EU and 1.1 on GY are not bad at all.
  • #25,476
  • Jan 8, 2015 4:27am Jan 8, 2015 4:27am
Quoting piphunt3r
{quote} I'm wondering why stupid huge spreads? 0.3 on EU and 1.1 on GY are not bad at all.
Because at 65 points that should have been 13%. But when I look at the $, only 10% growth. 3% went to the spreads that enlarges whenever I exit aside from the broker's spread. That's huge!
  • #25,477
  • Jan 8, 2015 5:06am Jan 8, 2015 5:06am
NY Open:


Pending Long GJ @ 180.500
Pending Short EJ @ 140.900

Correct?
  • #25,478
  • Edited 5:44am Jan 8, 2015 5:13am | Edited 5:44am
Quoting Vlad13685
NY Open: Pending Long GJ @ 180.500 Pending Short EJ @ 140.900 Correct?
Seems correct to me.
But long and short on the JPY ?

LuXing
Wisdom begins in wonder
  • #25,479
  • Jan 8, 2015 5:14am Jan 8, 2015 5:14am
GBPJPY to SL - -10
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY NY Open.PNG Size: 116 KB
  • #25,480
  • Jan 8, 2015 5:25am Jan 8, 2015 5:25am
But a win for the EURJPY... so down 5 for the day.

Lets see what NY Open +1 has in store for us...
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY NY Open.PNG Size: 107 KB
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