As simple as possible: 00 level trading | Page 1275 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

As simple as possible: RENKO M5 trading 75 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple Level Trading 1 reply

Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies

Attachments: As simple as possible: 00 level trading
Exit Attachments

As simple as possible: 00 level trading

  • #25,481
  • Jan 8, 2015 5:34am Jan 8, 2015 5:34am
Quoting Udine
{quote} prior 1H bar color is not important, only the present bar color counts Udine
in this case in H1 method i can trade every new candle formed... if the price go in my direction ( considering D1) is normal that the H1 and D1 colour match...
  • #25,482
  • Jan 8, 2015 5:37am Jan 8, 2015 5:37am
Quoting Udine
1. D1 & 1H candle color MUST be both red or both green 2. Entry ONLY the FIRST 00 level
This means that the H1 & D1 candle must be both red or green at moment of close of the actual H1 candle... i say this beacause of the rules N 2...
  • #25,483
  • Jan 8, 2015 5:41am Jan 8, 2015 5:41am
calchide,

if you want a reply to your PM, please adjust your settings..

Udine
Sleep less, live fast, as it aint gonna last
  • #25,484
  • Jan 8, 2015 5:46am Jan 8, 2015 5:46am
Quoting Vlad13685
GBPJPY to SL - -10 {image}
This was a no-go. RED news for GBP at the top of the hour. Wait for 30mins, right? And by the time 830 passed, it already hit the supposed -10 so wait for the new hour.
  • #25,485
  • Jan 8, 2015 5:47am Jan 8, 2015 5:47am
Quoting yelena
{quote} To me its very clear and set on stone. TP and SL at close of M15 candle knowing in mind that 7/10 it will go according to plan. Just wait. Once I saw a -12 and -4 together with EY and GY happened in NY open. But that day made more than 40+ The worst end of day close (2 hours after NY open) was with 4 succeeding losses but it ended at +23 {quote}candle that hit the +5 target I'm on it too, GU +19. It's market open hour anyway, just let it ride. 28 more days of observation. Stay focused and more black pips yo everyone. {image}
Thank you Yelena!
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #25,486
  • Jan 8, 2015 5:48am Jan 8, 2015 5:48am
Quoting fakeylover
{quote} This means that the H1 & D1 candle must be both red or green at moment of close of the actual H1 candle... i say this beacause of the rules N 2...

This means that the H1 & D1 candle must be both red or green at moment of close of the actual H1 candle. = NO

This means that the H1 & D1 candle must be both red or green at moment of ENTRY

Udine
Sleep less, live fast, as it aint gonna last
  • #25,487
  • Jan 8, 2015 5:49am Jan 8, 2015 5:49am
Quoting Vlad13685
GBPJPY to SL - -10 {image}
Late entry.... Would have been a winner if you entered at the right time...
  • #25,488
  • Jan 8, 2015 5:51am Jan 8, 2015 5:51am
Only one valid trade for me today,

AUD/USD, +3.4

See u tomorrow, stay green.
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla 2015-01-08 a las 14.49.43.png Size: 64 KB
  • #25,489
  • Jan 8, 2015 5:54am Jan 8, 2015 5:54am
Quoting yelena
{quote} This was a no-go. RED news for GBP at the top of the hour. Wait for 30mins, right? And by the time 830 passed, it already hit the supposed -10 so wait for the new hour.
Hi yelena,

Red news for GBP was 2pm (my time) and I entered the trade at 3pm (my time). so an hour was long enough to wait? maybe not....

Quote

  1. moretti12line Now

Quoting Vlad13685
GBPJPY to SL - -10 {image}
Late entry.... Would have been a winner if you entered at the right time...


How was it a late entry? it was a buy by the way.

Vlad
  • #25,490
  • Jan 8, 2015 5:57am Jan 8, 2015 5:57am
You should had put a pending order at 118.500 just after the prior 1hr candle had closed
  • #25,491
  • Jan 8, 2015 5:58am Jan 8, 2015 5:58am
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
Hi Jibalapasan, you have said this same thing once somewhere in this thread. please can you expanciate more on this, a chart example will be most preferable. thanks
  • #25,492
  • Jan 8, 2015 6:01am Jan 8, 2015 6:01am
EURJPY H1 method sell stop at 140.80. Everyone agrees?
  • #25,493
  • Jan 8, 2015 6:07am Jan 8, 2015 6:07am
Quoting gigicualex
EURJPY H1 method sell stop at 140.80. Everyone agrees?
Yes...mine hit BE
  • #25,494
  • Jan 8, 2015 6:09am Jan 8, 2015 6:09am
Quoting Vlad13685
{quote} Red news for GBP was 2pm (my time) and I entered the trade at 3pm (my time). so an hour was long enough to wait?
I synchronized FF with my chart. 2pm FF, 14:00 or 2pm chart (yellow vertical line). Within that 30 mins the original -10 SL was already hit if the trade was placed. But the 30 mins is out of bounds. Hence, wait for new hour.

Maybe you just didn't synch them?
Attached Image (click to enlarge)
Click to Enlarge Name: GBP.png Size: 77 KB
  • #25,495
  • Jan 8, 2015 6:09am Jan 8, 2015 6:09am
Quoting moretti12
You should had put a pending order at 118.500 just after the prior 1hr candle had closed
My pending was at 118.500... it was just the spread that pushed it up a bit.
  • #25,496
  • Jan 8, 2015 6:11am Jan 8, 2015 6:11am
EJ ts...
Attached Image (click to enlarge)
Click to Enlarge Name: ejts.PNG Size: 107 KB
  • #25,497
  • Jan 8, 2015 6:13am Jan 8, 2015 6:13am
Quoting Vlad13685
{quote} My pending was at 118.500... it was just the spread that pushed it up a bit.
the correct entry was 14.15 GMT not 14.45
  • #25,498
  • Jan 8, 2015 6:19am Jan 8, 2015 6:19am
GU... momentum come TP also +6
Attached Image (click to enlarge)
Click to Enlarge Name: gutp.PNG Size: 107 KB
  • #25,499
  • Jan 8, 2015 6:21am Jan 8, 2015 6:21am
[Quote = moretti12; 7981255] {quote} správný záznam byl 14.15 GMT ne 14,45 [/ quote]

Writes nonsense entered the correct command for good value, only not enter because of the message on how to GBP 14:00 wrote Yelena
  • #25,500
  • Jan 8, 2015 6:50am Jan 8, 2015 6:50am
Quoting diallist
{quote} Thank you Yelena!


This is how the M15 exits went about. Just additional 2 points. Closing the day at +67. Too early to say, 28 more days.

2 hrs have passed. I'm gone. See you at Franky. Black pips to all!
Attached Image (click to enlarge)
Click to Enlarge Name: 010815_4.png Size: 74 KB
13 traders viewing now