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As simple as possible: 00 level trading

  • #26,281
  • Jan 29, 2015 4:39am Jan 29, 2015 4:39am
Quoting moretti12
@Jibala The WSD does calculate the long, mid, and short tirm strength right? Do you know what time frames it consider?
It's not based on any timeframes but raw tick data coming from mt4.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #26,282
  • Jan 29, 2015 5:20am Jan 29, 2015 5:20am
Quoting Erebus
Nobody catching any trades? Come on, it's only 5 pips It sure seems slow market though
Hi, I'll post 2 trades during London session.
Recently I've trade only EU and UJ with SL = 5 pips.

EU +7.5
London open hour, It's near DO but took trade because I saw strong rejection from 1.13000
Attached Image


UJ +6.2
London's 5th hour, It's generally not high volatile hour, but entered because I saw strong momentum on M5 chart and broke today's high.
Attached Image
  • #26,283
  • Jan 29, 2015 5:42am Jan 29, 2015 5:42am
My first three trades today. I realize my spreads are very high but for right now, it is what it is.

GBPJPY +12.5
EURUSD +11.2
EURAUD +11.6

Total: 35.3 pips 4% account growth
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 62 KB
Click to Enlarge Name: EURUSDM15.png Size: 56 KB
Click to Enlarge Name: EURAUDM15.png Size: 55 KB
  • #26,284
  • Jan 29, 2015 6:15am Jan 29, 2015 6:15am
Where is Udine?
  • #26,285
  • Jan 29, 2015 6:16am Jan 29, 2015 6:16am
Quoting tantor1973
Any body now about udine?
Udine is spending time trading for some of his friends which tends to keep him rather busy.

He will likely drop in from time to time as time permits.

It has been mentioned in the thread several pages back.

Masterrmind............
Master your Mind then Master your Trades
  • #26,286
  • Edited 7:41am Jan 29, 2015 6:21am | Edited 7:41am
Quoting yelena
Exit strat, M15 close; the candle where either the +5 or -10 was hit. Total: +15 13 days left to observe. I am considering trading on the 2nd and 3rd hours of NY (30 minutes after red news). Not yet EOB. {image}
+27 EOB.

Black pips to all

EDIT: the original plan was to trade the 2nd and 3rd hours due to the news. And so I did.

Closing at +68

I will no longer post any trade and will not complete the 30 days. I think I have made my point. I will no longer respond to queries because they are futile. It's what the title said "as simple as." You guys make it so complicated. Any system will succeed until you deviate and add your human element. Act on it in cold blood. Do as you your trading plan. Assuming you even have a trading plan.

Black pips to all of you!
Attached Image (click to enlarge)
Click to Enlarge Name: 012915_2.png Size: 122 KB
  • #26,287
  • Jan 29, 2015 7:37am Jan 29, 2015 7:37am
Last trade of the day. Grabbed 10.4 pips. Total for today is 46 pips with a 5.5% account growth. Done for today. Be back for Asia.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 55 KB
  • #26,288
  • Jan 29, 2015 7:56am Jan 29, 2015 7:56am
Can anyone help me find an indicator? I am looking for the ASH indicator that Yelena uses on the charts. I have searched and can't seem to find it. The one I am using doesn't match Yelena's. Any help would be greatly appreciated. Thank you!
  • #26,289
  • Jan 29, 2015 8:08am Jan 29, 2015 8:08am
today was not a good day for gbpusd. kicked me 2 times. also i closed last CadJpy sell position because of the UsdJpy price action at last time.. it was a good decision...
btw this is a real account.
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy-m15-destekfx.png Size: 158 KB
do not stand out in the open with gun ;stand in the bushes with knife..
  • #26,290
  • Jan 29, 2015 8:17am Jan 29, 2015 8:17am
Quoting Erebus
Nobody catching any trades? Come on, it's only 5 pips It sure seems slow market though
these are my trades for today, EJ - TS, EU - TP, both H1 strategy.
Comment: sooner or later I've to find the courage to remove BE/TS and see what happens to my account-
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ_TS.png Size: 54 KB
Click to Enlarge Name: EU_TP.png Size: 52 KB
Porta itineris dicitur longissima esse
  • #26,291
  • Jan 29, 2015 8:30am Jan 29, 2015 8:30am
ok the last trade of the day comes from NzdUsd..End of the day +70 usd.. good luck all
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-m15-destekfx.png Size: 64 KB
do not stand out in the open with gun ;stand in the bushes with knife..
  • #26,292
  • Jan 29, 2015 12:45pm Jan 29, 2015 12:45pm
Quoting yelena
{quote} I will no longer post any trade and will not complete the 30 days. I think I have made my point. I will no longer respond to queries because they are futile. It's what the title said "as simple as." You guys make it so complicated. Any system will succeed until you deviate and add your human element. Act on it in cold blood. Do as you your trading plan. Assuming you even have a trading plan. Black pips to all of you! {image}

Sorry to see you go . . . many of us enjoyed studying your charts, trades, & results without ever PMing. Thanks for your contribution.

N.
  • #26,293
  • Jan 29, 2015 1:32pm Jan 29, 2015 1:32pm
What about using profit targets, or price targets as exits? Nope. Don’t even go there, unless you want a job on Wall Street.

Think about what placing a price target on a trade is saying. It’s saying:

“I want to limit my gains.”

“This is the most I’m prepared to make on this trade.” (What??!!)

“At this arbitrary point in the future I am predicting my analysis will suddenly be wrong.”

http://jonboorman.com/when-to-exit-a-trade/
It takes a lot for me to IGNORE you, but you can try.
  • #26,294
  • Jan 29, 2015 1:33pm Jan 29, 2015 1:33pm
Quoting Nik-Nyc
{quote} Sorry to see you go . . . many of us enjoyed studying your charts, trades, & results without ever PMing. Thanks for your contribution. N.
True! Thank you Yelena..
  • #26,295
  • Jan 29, 2015 3:13pm Jan 29, 2015 3:13pm
Quoting yelena
{quote} +27 EOB. Black pips to all EDIT: the original plan was to trade the 2nd and 3rd hours due to the news. And so I did. Closing at +68 I will no longer post any trade and will not complete the 30 days. I think I have made my point. I will no longer respond to queries because they are futile. It's what the title said "as simple as." You guys make it so complicated. Any system will succeed until you deviate and add your human element. Act on it in cold blood. Do as you your trading plan. Assuming you even have a trading plan. Black pips to all...
Hey Yelena,

Sorry to hear your stopping short of the 30 days.

Thank you for sharing your ideas.

Rapid.
  • #26,296
  • Jan 29, 2015 6:15pm Jan 29, 2015 6:15pm
Good morning all!
UJ +5.0
Attached Image
  • #26,297
  • Edited 7:26pm Jan 29, 2015 7:15pm | Edited 7:26pm
My three trades for the Tokyo session, please note all trades are H1 method:

Trade #1 USDJPY TP +5pips (edit: @sada69, we had same entry)
Trade #2 EURJPY TP +5pips
Trade #3 EURUSD TS +2.4pips (manual). Trade would have eventually hit TP, but after about a 1hr lateral move. I was not totally convinced with entry so was more than happy with manual TS. This was meant to be a bonus trade, but clearly more PDF is required.

Happy Pips
N

http://s15.postimg.org/6xw3l0jbf/Scr...0_04_37_PM.png

http://s15.postimg.org/5k4gppk23/Scr...0_05_09_PM.png

http://s15.postimg.org/fevlvxo0b/Scr...0_04_02_PM.png
  • #26,298
  • Jan 29, 2015 8:16pm Jan 29, 2015 8:16pm
Quoting yelena
{quote} +27 EOB. Black pips to all EDIT: the original plan was to trade the 2nd and 3rd hours due to the news. And so I did. Closing at +68 I will no longer post any trade and will not complete the 30 days. I think I have made my point. I will no longer respond to queries because they are futile. It's what the title said "as simple as." You guys make it so complicated. Any system will succeed until you deviate and add your human element. Act on it in cold blood. Do as you your trading plan. Assuming you even have a trading plan. Black pips to all...
Hi Yelena,

I'm really sorry to see you go and that you won't complete the 30 days! I was following this with great anticipation! Thank you for your solid contributions!

Vlad
  • #26,299
  • Jan 29, 2015 8:45pm Jan 29, 2015 8:45pm
Quoting yelena
{quote} +27 EOB. Black pips to all EDIT: the original plan was to trade the 2nd and 3rd hours due to the news. And so I did. Closing at +68 I will no longer post any trade and will not complete the 30 days. I think I have made my point. I will no longer respond to queries because they are futile. It's what the title said "as simple as." You guys make it so complicated. Any system will succeed until you deviate and add your human element. Act on it in cold blood. Do as you your trading plan. Assuming you even have a trading plan. Black pips to all...
Thank you for your excellent contribution. I've been doing your exit strategy myself with amazing results, so I thank you wholeheartedly for all the hard work you did in order to post your trades for our benefit. As you said, acting in cold blood is essential!

Wishing you the blackest of pips!

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #26,300
  • Jan 29, 2015 9:11pm Jan 29, 2015 9:11pm
Good morning!

Are there any reason not to put a sell pending order at 000 lv?

EDIT: When the 1st hour begin.

Numberman
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 43 KB
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