As simple as possible: 00 level trading | Page 1343 | 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

  • #26,841
  • Feb 24, 2015 4:24am Feb 24, 2015 4:24am
Quoting nasap
{quote} Hello Qed, first to clarify the name. The full name of JibalaPasan is Jibalana Pasanolo. Try to put in a name of that length! For the chart it was used for the purpose of posting here only. I / we usually don't use any charts! The system is fully automated, NO CHARTS, NO INTERVENTION required! nasap

nasap,

wsd get the buy / sell signal on excel and put the order in mt4 using M30 TF. for example: WSD give sell signal on nzdusd 0.74400 where the order is put 0.74350 or 0.74300? Jibala was talking about it but dont remember.

in other hand, WSD calculate the strengt for each currency and you make a rate between currency, the thing is i compare this with what? total strenght market?

thanks
  • #26,842
  • Feb 24, 2015 4:31am Feb 24, 2015 4:31am
the thing is nasap, what you see very clearly is a total fog to some others , many people read but do not comprehend ...
Whats That? you're trading What?
  • #26,843
  • Feb 24, 2015 4:44am Feb 24, 2015 4:44am
Quoting fxsosa
{quote} nasap, wsd get the buy / sell signal on excel and put the order in mt4 using M30 TF. for example: WSD give sell signal on nzdusd 0.74400 where the order is put 0.74350 or 0.74300? Jibala was talking about it but dont remember. in other hand, WSD calculate the strengt for each currency and you make a rate between currency, the thing is i compare this with what? total strenght market? thanks
Don't know if I fully understood but will try to answer:

1. The WSD is independent from any time frame, thus forget to talk about tf's

2. If there is a buy / sell signal on any 00/50 level an order is placed exactly on that level

3. You have to distinguish between market-, relative- and absolute strength

nasap
The little nut in your head is called brain. Use it!
  • #26,844
  • Feb 24, 2015 4:52am Feb 24, 2015 4:52am
Quoting nasap
{quote} When I started, almost 10 years ago, I also read in the FPA Forum. There was a trader with daily statements they just let me melt away. But I wasn't jealous at all, said to myself "one day I will beat this results!". Compared to the results from the past I am much better even. I guess most people do not understand even what I want to tell! nasap
yes, me too. THIS is what motivated me to work day in day out on everything to get there.

and its possible, when you dont throw in the towel too early

nasap`s result should for all of you give you a kick in the ass, a wake up call!

birdland
trading is like dancing, don't think and just listen to the music!
  • #26,845
  • Feb 24, 2015 5:21am Feb 24, 2015 5:21am
nasap, can you give me the name of the indicator for the support & resitance levels shown on your screenshot? thank you
  • #26,846
  • Feb 24, 2015 5:26am Feb 24, 2015 5:26am
Quoting Qed
the thing is nasap, what you see very clearly is a total fog to some others , many people read but do not comprehend ...
If you are a driver of a car and it becomes foggy or dark what usually you will do?

[X] I switch on the light

Someone has to tell you to do so?

[X] No, it's like an automatism

You got it? If not, read it again and again and again until you got it!

nasap
The little nut in your head is called brain. Use it!
  • #26,847
  • Feb 24, 2015 6:35am Feb 24, 2015 6:35am
Quoting Thunderxp
nasap, can you give me the name of the indicator for the support & resitance levels shown on your screenshot? thank you
I do not use a special indicator for S/R levels. Maybe you mean the TzPivotsD_v3.5 (Black).ex4

You can find it here http://www.forexfactory.com/showthre...09#post3484709

nasap
The little nut in your head is called brain. Use it!
  • #26,848
  • Feb 24, 2015 7:21am Feb 24, 2015 7:21am
[Demo] Only EJ 7.5TP 10SL 5TS, others 5TP 3.5TS

#4 AU to TP +4.7

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 49 KB


I focus on GU too, but i didnt trade because of weekly and monthly pv, if you have better idea, please share.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 48 KB


Numberman
  • #26,849
  • Feb 24, 2015 8:33am Feb 24, 2015 8:33am
To whom it may concern,

please keep the discussion civilized or I will take the necessary steps to get the discussion back in line..

Last warning.

PDF & BCC

Udine
Sleep less, live fast, as it aint gonna last
  • #26,850
  • Feb 24, 2015 8:36am Feb 24, 2015 8:36am
PM's have been replied to

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #26,851
  • Feb 24, 2015 9:04am Feb 24, 2015 9:04am
#5 EJ to SL -10.7

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 48 KB


Comment: PA acting like crazy, USD-CB Consumer Confidence effects all the pair.

Numberman
  • #26,852
  • Feb 24, 2015 9:18am Feb 24, 2015 9:18am
This is a method to "win" 5 pips with a very high win percentage
To use this method, one needs to be VERY careful with only taking high probability entries, if you are not willing to take ONLY the most high probability entries then the RR will make this a losing method. There is nothing wrong with the method, but if one does not 100% follow the rules then bad trades will happen.
Ultimately when you take away all the indicators there is only price, I find it is very helpful to strip away most if not all of the indicators and look just at price action, and consider money management. I would keenly love to get my hands on the currency strength meter that is discussed here, but alas that does not seem to be possible I enjoy reading about this method, but I must admit I often go for more than 5 pips, it makes up for when I make a mistake

PGPB
  • #26,853
  • Feb 24, 2015 11:36am Feb 24, 2015 11:36am
Hi all,

GU to TP yesterday
Attached Image (click to enlarge)
Click to Enlarge Name: 2GU_TP.png Size: 43 KB


and todey
Attached Image (click to enlarge)
Click to Enlarge Name: GU_TP.png Size: 61 KB


Stay positive Multimillion
"All will be correctly, in this world is built" - The Master and Margarita
  • #26,854
  • Feb 24, 2015 7:14pm Feb 24, 2015 7:14pm
Good morning @all! Great & perfect start for the day.
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.02.25_09h02m38s_057_.png Size: 34 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.02.25_08h25m16s_055_.png Size: 32 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.02.25_08h26m39s_056_.png Size: 31 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.02.25_09h04m03s_058_.png Size: 31 KB

Result for yesterday: 18 trades / +143.7 Pip (avg. 7.98 / trade)

Good luck to everybody.

nasap
The little nut in your head is called brain. Use it!
  • #26,855
  • Feb 24, 2015 7:17pm Feb 24, 2015 7:17pm
Gidday Nasap, make that "Good Fortune" rather than good luck
Whats That? you're trading What?
  • #26,856
  • Feb 24, 2015 8:29pm Feb 24, 2015 8:29pm
Quoting pgpb
This is a method to "win" 5 pips with a very high win percentage To use this method, one needs to be VERY careful with only taking high probability entries, if you are not willing to take ONLY the most high probability entries then the RR will make this a losing method. There is nothing wrong with the method, but if one does not 100% follow the rules then bad trades will happen. Ultimately when you take away all the indicators there is only price, I find it is very helpful to strip away most if not all of the indicators and look just at price action,...
Precisely my sentiments, as well. For almost all of us this strategy calls for serious discipline. We can't just take any qualified entry (at least without Nathalia's CSM which is her well earned intellectual property) without mixed to poor results.

So thanks PGPB for your concise summary of success. I suspect many of us view the incredible and consistent success of Nathalia and Jabala (fabulous stuff, ladies; I find it inspiring) and want to bend the rules, maybe more than a little, to approximate their success. I really doubt that (m)any will be able to do so, so relax.

What almost all of us can do is ruthlessly attend to Udine's rules plus paying due attention to PA and momentum to contribute to our edge.

Good success, everyone.

FS
  • #26,857
  • Feb 24, 2015 8:37pm Feb 24, 2015 8:37pm
Quoting nasap
Good morning @all! Great & perfect start for the day. nasap
It is rare to become steadily successful in forex . . . we all know this. I greatly admire your 10 year journey in forex, effort, perseverance and intellectual energy in crafting your CSM/system using the Udine structure. You have taken a good thing and made it great.

You set a standard for us to aspire to and challenge us to be smarter on our own journey.

Thank you! Do keep sharing.

FS
  • #26,858
  • Feb 25, 2015 2:16am Feb 25, 2015 2:16am
[Demo] Only EJ 7.5TP 10SL 5TS, others 5TP 3.5TS

#1 EU to TS +1.4

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 42 KB


#2 EJ to SL -10.6

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 46 KB


#3 AJ to SL -10.7

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM15.png Size: 50 KB


Comment: I should wait for the retrace instead.

Numberman
  • #26,859
  • Feb 25, 2015 3:03am Feb 25, 2015 3:03am
GJ to TS (x2)
Comment: two TS and the as usual it went far beyond TP. It's almost impossible to trade this pair with BE/TS active.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ_TS.png Size: 56 KB
Porta itineris dicitur longissima esse
  • #26,860
  • Feb 25, 2015 3:17am Feb 25, 2015 3:17am
#4 #5 EJ, EU to SL
Attached Image



Comment: WAIT FOR THE RETRACEMENT!!!!!!!

Numberman
3 traders viewing now