As simple as possible: 00 level trading | Page 1376 | Forex Factory

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As simple as possible: 00 level trading

  • #27,501
  • Mar 12, 2015 2:26pm Mar 12, 2015 2:26pm
Hi, what does it mean "2. Entry ONLY the FIRST 00 level"

First 00 of the candle colour change?
  • #27,502
  • Mar 12, 2015 2:27pm Mar 12, 2015 2:27pm
Quoting Dobbsie
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! {image}
Same here Dobbsie.
Got 0.8 pip out of it.
Not to worry, donīt forget about rule #1

LuXing
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Wisdom begins in wonder
  • #27,503
  • Mar 12, 2015 2:49pm Mar 12, 2015 2:49pm
Quoting Udine
{quote} not using the Wheelbarrel EA to protect your capital ?? Udine
Hello Udine!

Glad to see that you spend a lot of time and activity here again!

Could you please show your actually settings for wheelbarrel EA?
  • #27,504
  • Mar 12, 2015 3:05pm Mar 12, 2015 3:05pm
Quoting Udine
{quote} Why enter where you did and no entry on the colorchange a couple of candles earlier?? Udine
Hi Udine , could you please explain what's the color change rules you are talking about ? is it related to M-candles, ASH or something else ?

TY
Cheers,
Skyline
  • #27,505
  • Mar 12, 2015 3:12pm Mar 12, 2015 3:12pm
Quoting Luy
{quote} Hello Udine! Glad to see that you spend a lot of time and activity here again! Could you please show your actually settings for wheelbarrel EA?
"Standard settings" have always been, and are still BE @35 and TS@35 step 1

LuXing
Wisdom begins in wonder
  • #27,506
  • Mar 12, 2015 3:15pm Mar 12, 2015 3:15pm
Quoting skyline
{quote} Hi Udine , could you please explain what's the color change rules you are talking about ? is it related to M-candles, ASH or something else ? TY Cheers, Skyline
ASH (M30) color change.

The M-Candles indicator (1440 = D1) only changes color when price moves above/below daily open !!!!

LuXing
Wisdom begins in wonder
  • #27,507
  • Mar 12, 2015 3:26pm Mar 12, 2015 3:26pm
Quoting LuXing
{quote} ASH (M30) color change. The M-Candles indicator (1440 = D1) only changes color when price moves above/below daily open !!!! LuXing
Hi Luxing , thx for reply
So basically this is a further filter to open a trade only when ASH M30 change color accordingly to correct trading side (long above daily open, short below), so if trading side is short we have to wait ASH to turn from green to red and if trading side is long we have to wait for ASH to turn from red to green.
  • #27,508
  • Mar 12, 2015 3:40pm Mar 12, 2015 3:40pm
Quoting skyline
{quote} Hi Luxing , thx for reply So basically this is a further filter to open a trade only when ASH M30 change color accordingly to correct trading side (long above daily open, short below), so if trading side is short we have to wait ASH to turn from green to red and if trading side is long we have to wait for ASH to turn from red to green.
Correctíssimo.

LuXing
Wisdom begins in wonder
  • #27,509
  • Mar 12, 2015 3:51pm Mar 12, 2015 3:51pm
7Wins 1 Loss today
Attached Image
  • #27,510
  • Mar 12, 2015 4:00pm Mar 12, 2015 4:00pm
Quoting LuXing
{quote} Correctssimo. LuXing
  • #27,511
  • Mar 12, 2015 4:27pm Mar 12, 2015 4:27pm
Quoting RoneyFX
7Wins 1 Loss today {image}
how many hours Roney?
  • #27,512
  • Mar 12, 2015 4:36pm Mar 12, 2015 4:36pm
Quoting RoneyFX
7Wins 1 Loss today {image}
What is your TP, SL & pairs traded? How about posting your trades?
  • #27,513
  • Mar 12, 2015 5:05pm Mar 12, 2015 5:05pm
Quoting dimdel
{quote} how many hours Roney?
3 Hours and trade every hour all forex majors
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  • #27,514
  • Mar 12, 2015 5:20pm Mar 12, 2015 5:20pm
Does anyone have a good lot size calculator indicator to share were the SL is in pips that equates to % risked of the equity? Wish everyone good trades tomorrow.
  • #27,515
  • Mar 12, 2015 5:47pm Mar 12, 2015 5:47pm
hi roneyfx, i saw your chart and i saw 2 pricetoopen indicator. i suppose you have a different setting for each... can you give your setting?


Tahnk you


have a nice day
  • #27,516
  • Mar 12, 2015 5:50pm Mar 12, 2015 5:50pm
Quoting diallist
{quote} 1. Price was near resistance. Look left on your chart. 2. Price was nearing BRN (Big Round Number = 000) price of 183.000 which can sometimes exert pressure against price and cause it to stall and/or reverse. 3. And the main reason is... the slope value was negative instead of positive and it was not above 0.8. The slope has to be above 0.8 for long, and below -0.8 for short. The slope went above 0.8 in the the third hour of London so your entry was about two hours early. Finally, the rule is one trade per hour per pair. Oh, yes,...
Where are these entry rules? cant find them in the main post neither in the .docs

You guys trade in asian sessions?
  • #27,517
  • Mar 12, 2015 5:51pm Mar 12, 2015 5:51pm
Quoting Udine
Guys, girls, We Dutch are great.. and I say that in all modesty here a Mcandles indicator that shows the past in the bottom window.. We have to thank our good friend Bert for that.. Enjoy Udine {file}
Thank you Bert!

Who are you here, that is, your screenname?
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  • #27,518
  • Mar 12, 2015 5:56pm Mar 12, 2015 5:56pm
Quoting mokuro89
{quote} Where are these entry rules? cant find them in the main post neither in the .docs You guys trade in asian sessions?
Read the first 50 pages of this thread for the basic info.
Read the most recent 50 pages of this thread to catch up on current discussion.
This will answer both your questions.
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  • #27,519
  • Mar 12, 2015 6:01pm Mar 12, 2015 6:01pm
Quoting LuXing
{quote} Same here Dobbsie. Got 0.8 pip out of it. Not to worry, dont forget about rule #1 LuXing {image}
Hi LuXing

On bottom left corner I read Hammok. May I ask what it is? Looks similar to the MCandle Udine is using
  • #27,520
  • Edited 6:15pm Mar 12, 2015 6:02pm | Edited 6:15pm
@LuXing

Hi LuXing,

Would you tell me about the Hammock Time indicator on your chart?
Also, what is the indicator directly underneath it?

Your charts are so clean and efficient looking BTW!

Thanks

Dial
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