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As simple as possible: 00 level trading

  • #26,181
  • Jan 27, 2015 12:37am Jan 27, 2015 12:37am
Well, price answer that question, whether or not is by the rules, I'm not sure yet
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It takes a lot for me to IGNORE you, but you can try.
  • #26,182
  • Jan 27, 2015 1:11am Jan 27, 2015 1:11am
EUR JPY short from 132.700 to 132.600 + 10pips
FREEDOM IS NOT FREE
  • #26,183
  • Jan 27, 2015 2:07am Jan 27, 2015 2:07am
Quoting tantor1973
EUR JPY short from 132.700 to 132.600 + 10pips
You started early

It takes a lot for me to IGNORE you, but you can try.
  • #26,184
  • Jan 27, 2015 2:20am Jan 27, 2015 2:20am
Trade #1

USDJPY +5 TP

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Trade #2

AUDUSD +5 TP

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Masterrmind...........
Master your Mind then Master your Trades
  • #26,185
  • Jan 27, 2015 2:22am Jan 27, 2015 2:22am
Exit strat, M15 close; the candle where either the +5 or -10 was hit. Total: +33

15 days left to observe.

Click image for original rendering. Black pips to all!
End of business for today (EOB)
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  • #26,186
  • Jan 27, 2015 2:24am Jan 27, 2015 2:24am
Quoting yelena
Exit strat, M15 close; the candle where either the +5 or -10 was hit. Total: +33 15 days left to observe. Click image for original rendering. Black pips to all! End of business for today (EOB) {image}
A lot better result today than yesterday Yelena.......

More pips to your tally!

Good trading,

Masterrmind.........
Master your Mind then Master your Trades
  • #26,187
  • Jan 27, 2015 2:34am Jan 27, 2015 2:34am
Quoting turboguru
{quote} He only uses the news indie that's why it's different than yours.
Ty. I got it now.
do not stand out in the open with gun ;stand in the bushes with knife..
  • #26,188
  • Jan 27, 2015 2:42am Jan 27, 2015 2:42am
Long eur jpy from 133.200 to 133.300 +10, iam done for the day, concentrating only in the eurjpy. Good luck to all. Started early finished early
FREEDOM IS NOT FREE
  • #26,189
  • Jan 27, 2015 4:33am Jan 27, 2015 4:33am
GJ +5
I entered about five seconds before close of candle. Not sure of validity of trade as the actual "first" level of the new candle was 100, on which no shorts can be taken.

Burpees?
Attached Image (click to enlarge)
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sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #26,190
  • Jan 27, 2015 5:15am Jan 27, 2015 5:15am
really bad day today with this strategy, took 4 SLs of 10p each... the last one few min ago on a GU short. Shorted at 1.50700 using H1 entry(levedl marked on my chart below by a red small arrow on last candle)

Could anyone help me understand why or if it was a mistake from my side entering this trade?
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  • #26,191
  • Jan 27, 2015 5:26am Jan 27, 2015 5:26am
Quoting gigicualex
really bad day today with this strategy, took 4 SLs of 10p each... the last one few min ago on a GU short. Shorted at 1.50700 using H1 entry(levedl marked on my chart below by a red small arrow on last candle) Could anyone help me understand why or if it was a mistake from my side entering this trade? {image}
Could you show me another three loses of yours?

Numberman
  • #26,192
  • Jan 27, 2015 5:36am Jan 27, 2015 5:36am
Trades of the day GBPCHF short!
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Duration of each trade 5 to 6 sec.

Low risk trade because of a very clear strength.
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Gud luck and many green pips for all of you.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #26,193
  • Jan 27, 2015 5:53am Jan 27, 2015 5:53am
Quoting gigicualex
really bad day today with this strategy, took 4 SLs of 10p each... the last one few min ago on a GU short. Shorted at 1.50700 using H1 entry(levedl marked on my chart below by a red small arrow on last candle) Could anyone help me understand why or if it was a mistake from my side entering this trade? {image}
Only thing I can think of is looking at the price action on the 15M chart...

Price is looking for direction 2 candles before your entry, and then the previous candle is bullish, suggesting price might want to move in a bullish direction.

Vlad
Attached Image
  • #26,194
  • Jan 27, 2015 6:13am Jan 27, 2015 6:13am
Quoting gigicualex
really bad day today with this strategy, took 4 SLs of 10p each... the last one few min ago on a GU short. Shorted at 1.50700 using H1 entry(levedl marked on my chart below by a red small arrow on last candle) Could anyone help me understand why or if it was a mistake from my side entering this trade? {image}
It's always in the eyes of the beholder, thus for me

1. too close to the DO
2. very long pinbar followed by a higher low

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #26,195
  • Jan 27, 2015 6:51am Jan 27, 2015 6:51am
Quoting JibalaPasan
Trades of the day GBPCHF short! {image} Duration of each trade 5 to 6 sec. Low risk trade because of a very clear strength. {image} Gud luck and many green pips for all of you. Jibala
Hi Jib...

Could you please share that currency strength meter?
  • #26,196
  • Jan 27, 2015 6:58am Jan 27, 2015 6:58am
M15 method

EA L SL
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  • #26,197
  • Jan 27, 2015 7:28am Jan 27, 2015 7:28am
Hi Ji can you tell what is the indic on your second chart post 26194? what are the parameters for this indicator and how do you use that?

Have a nice day

Liberty55
  • #26,198
  • Jan 27, 2015 7:35am Jan 27, 2015 7:35am
Quoting numberman
{quote} Could you show me another three loses of yours? Numberman
Sure Numberman, here u go.
Below image shows 3 failed trades all using H1 method.
1) CADJPY short at 94.600. Previous H1 closed at 94.550 price in zigzag making lower highs, plenty room down (~90pips)
2) CADJPY short at 94.800 as previous candle closed 94.86. I considered 94.9 resist area(if u look left) also last H1 couldn't break the DO
3) EJ short 133.100. Previous H1 pushing down hard, no wicks, closed below DO. I thought momentum favors a short but no luck
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  • #26,199
  • Jan 27, 2015 7:41am Jan 27, 2015 7:41am
Trade #1 for the day, AUDJPY short for 9 pips.
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  • #26,200
  • Jan 27, 2015 7:51am Jan 27, 2015 7:51am
Quoting ozziedave
Trade #1 for the day, AUDJPY short for 9 pips. {image}
Risky trade IMO. u shorted into support(look left)
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