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As simple as possible: 00 level trading

  • #27,481
  • Mar 12, 2015 11:26am Mar 12, 2015 11:26am
EC to TS.

Another TS.

Dobbsie
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  • #27,482
  • Mar 12, 2015 11:49am Mar 12, 2015 11:49am
Quoting Dobbsie
EC to TS. Another TS. Dobbsie {image}
Why enter where you did and no entry on the colorchange a couple of candles earlier??

Udine
Sleep less, live fast, as it aint gonna last
  • #27,483
  • Mar 12, 2015 12:09pm Mar 12, 2015 12:09pm
Knowing just one pair make see at what time its mire likely to move the eurjpy tends to move at the close and the open of the 4h candle so around thet time if i am around the computer i will look for another set up for 10 pips
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FREEDOM IS NOT FREE
  • #27,484
  • Mar 12, 2015 12:10pm Mar 12, 2015 12:10pm
EXIT
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FREEDOM IS NOT FREE
  • #27,485
  • Mar 12, 2015 12:15pm Mar 12, 2015 12:15pm
Quoting tantor1973
Knowing just one pair make see at what time its mire likely to move the eurjpy tends to move at the close and the open of the 4h candle so around thet time if i am around the computer i will look for another set up for 10 pips {image}
I donīt see a grid or sweetspot levels, nor any indicators related to the 00-level system.
Not quite sure where your entry is.


LuXing
Wisdom begins in wonder
  • #27,486
  • Mar 12, 2015 12:17pm Mar 12, 2015 12:17pm
Quoting Udine
{quote} Why enter where you did and no entry on the colorchange a couple of candles earlier?? Udine
Valid question Udine and I should have. I actually wasn't in front of my machine when the color change happened.

The reason I entered where I did was I have noticed if that if there is an opposite candle to the ASH and M-Candle, and then there is a strong confirming candle in the direction of the ASH and M-candle, you can place an order at the open of the next candle which is what I did. Seems to work out quite often.
  • #27,487
  • Mar 12, 2015 12:18pm Mar 12, 2015 12:18pm
I am trying days to translate the system and to understand when put the orders and suddenly I see other SETUP and other ideas.......
please dont comfuse those who have no possibility of english language
its so simple to remain to the strategy without any adds or CHANGES
thanks
  • #27,488
  • Mar 12, 2015 12:20pm Mar 12, 2015 12:20pm
Quoting Dobbsie
{quote} Valid question Udine and I should have. I actually wasn't in front of my machine when the color change happened. The reason I entered where I did was I have noticed if that if there is an opposite candle to the ASH and M-Candle, and then there is a strong confirming candle in the direction of the ASH and M-candle, you can place an order at the open of the next candle which is what I did. Seems to work out quite often.
Here's an example of what I just explained.

GU to TP. I know it was close to RmDn but momentum was strong.

Dobbsie
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  • #27,489
  • Mar 12, 2015 12:22pm Mar 12, 2015 12:22pm
Quoting dimdel
I am trying days to translate the system and to understand when put the orders and suddenly I see other SETUP and other ideas....... please dont comfuse those who have no possibility of english language its so simple to remain to the strategy without any adds or CHANGES thanks
Sorry dimdel.

Understood.

Dobbsie
  • #27,490
  • Mar 12, 2015 12:24pm Mar 12, 2015 12:24pm
Quoting dimdel
I am trying days to translate the system and to understand when put the orders and suddenly I see other SETUP and other ideas....... please dont comfuse those who have no possibility of english language its so simple to remain to the strategy without any adds or CHANGES thanks
@Dimdel

The simplest way is to thoroughly read the first 50 pages of the thread.
Especially the Word document explaining the "raison dīętre" of the system.
Once you understand the basics, pick any timeframe (M15, M30, H1) and apply the principles.
Then only remaining question is which of the plethora of additional indicators you would like to use for "confirmation".

Happy reading and best of luck in your trading !!!

LuXing
Wisdom begins in wonder
  • #27,491
  • Mar 12, 2015 12:27pm Mar 12, 2015 12:27pm
ok my friends
you run so quickly
understand the speed and momentum of trading

but my tongue comeout to catch all of you
thanks
  • #27,492
  • Mar 12, 2015 12:33pm Mar 12, 2015 12:33pm
Quoting dimdel
I am trying days to translate the system and to understand when put the orders and suddenly I see other SETUP and other ideas....... please dont comfuse those who have no possibility of english language its so simple to remain to the strategy without any adds or CHANGES thanks
Dindel friend, I believe that my graph is very simple to read.

See the post image 27454, the USDCHF entry.

M30 Closed red candle
red windows ...

I place the pending order at 1st level below.

The system is very simple, and see friends complicate.

A big hug Dindel
  • #27,493
  • Mar 12, 2015 12:34pm Mar 12, 2015 12:34pm
thanks robinho
  • #27,494
  • Mar 12, 2015 12:39pm Mar 12, 2015 12:39pm
Quoting luxing
{quote} i dont see a grid or sweetspot levels, nor any indicators related to the 00-level system. Not quite sure where your entry is. Luxing
ok this is the chart from 128.600 to 128.700 pure price action
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FREEDOM IS NOT FREE
  • #27,495
  • Mar 12, 2015 12:48pm Mar 12, 2015 12:48pm
Quoting tantor1973
{quote} ok this is the chart from 128.600 to 128.700 pure price action {image}
Are you using range bars instead of time based bars?
  • #27,496
  • Mar 12, 2015 12:49pm Mar 12, 2015 12:49pm
Quoting Udine
{quote} Why enter where you did and no entry on the colorchange a couple of candles earlier?? Udine
Please Udine,

This maybe is a rookie question, but when you say entry on the colorchange, how do you exactly set yours depenting orders?
  • #27,497
  • Mar 12, 2015 1:02pm Mar 12, 2015 1:02pm
Quoting vlad13685
{quote} are you using range bars instead of time based bars?
yes more precise entry at 00 levels i use a atr size based for th eurjpy that at this moment 14 pip bar
FREEDOM IS NOT FREE
  • #27,498
  • Mar 12, 2015 1:19pm Mar 12, 2015 1:19pm
thank Udine, just a question about the last indicator you gave us ( price to open).... what is the setting???

have a nice day
  • #27,499
  • Mar 12, 2015 1:33pm Mar 12, 2015 1:33pm
Another TS!!

EJ to TS.

Dobbsie

BTW, does anyone know how I can get the entry arrow on my charts? I have the exit arrow but don't know how to add the entry arrow. Thanks!
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  • #27,500
  • Mar 12, 2015 1:56pm Mar 12, 2015 1:56pm
Quoting Dobbsie
...does anyone know how I can get the entry arrow on my charts? I have the exit arrow but don't know how to add the entry arrow.
Months ago I posted a SCRIPT to draw such arrows (http://www.forexfactory.com/showthre...63#post7866763)
Please try it and post the result...
Attached File(s)
File Type: ex4 MGH Script_DrawOrderArrows.ex4   10 KB | 326 downloads
File Type: mq4 MGH Script_DrawOrderArrows.mq4   7 KB | 440 downloads
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