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As simple as possible: 00 level trading

  • #27,561
  • Mar 13, 2015 3:15am Mar 13, 2015 3:15am
Quoting Udine
{quote} 4 losers during the day = go do a lot of burpees doing the burpees is for letting off some steam .. but no more trading Udine
so you already did your 10 burpees this morning ?
I thougth burpees has to be done when some mistake is done not when a trade turned to be a loser

ciao!
  • #27,562
  • Mar 13, 2015 3:39am Mar 13, 2015 3:39am
Quoting dimdel
{quote} IF I MADE 10 PUSHUPS FOR EACH ERROR ORDER THEN I WILL BE SUPERMAN only i make pushups? so my friend Udine is no good to win because with this way you cant make gum

Dimdel,

there are 2 possibilities:

1. you make no mistakes = no burpees = a lot of winning trades = a lot of money, so you get your dreamgirl

or

2. you make too many mistakes = a LOT of burpees = you become an adonis = you get your dreamgirl anyway
(you wont be rich, but look damn good)

Udine
Sleep less, live fast, as it aint gonna last
  • #27,563
  • Mar 13, 2015 3:41am Mar 13, 2015 3:41am
Quoting skyline
{quote} so you already did your 10 burpees this morning ? I thougth burpees has to be done when some mistake is done not when a trade turned to be a loser ciao!

Burpees are only to be done after a mistake, correct

but after 4 losers you would need to get rid of some aggression and there is no better way than to do burpees

I already did my daily dose of burpees, before I opened my platform.. as part of my daily routine..

Saluti a Pisa (bellissima citta )

Udine
Sleep less, live fast, as it aint gonna last
  • #27,564
  • Mar 13, 2015 3:43am Mar 13, 2015 3:43am
Quoting Udine
{quote} Dimdel, there are 2 possibilities: 1. you make no mistakes = no burpees = a lot of winning trades = a lot of money, so you get your dreamgirl or 2. you make too many mistakes = a LOT of burpees = you become an adonis = you get your dreamgirl anyway (you wont be rich, but look damn good) Udine
Hummmmm, so thats why we trade forex..... to get girls. It all makes sence now.

Asmodai
  • #27,565
  • Mar 13, 2015 3:49am Mar 13, 2015 3:49am
Quoting firewight
Hi Guys, I just made this postmortem on a trade that hit my TS. Please fell free to comment where I have gone wrong here... {image} Cheers!
Dear Firewight,
I would like to have the indicator at the bottom of your chart.
I have search many times and couldn't find it.
IF you don't mind, kindly let me know where to find it.
Thanks a lot.
Be Happy
  • #27,566
  • Mar 13, 2015 3:58am Mar 13, 2015 3:58am
Quoting Udine
{quote} Burpees are only to be done after a mistake, correct but after 4 losers you would need to get rid of some aggression and there is no better way than to do burpees I already did my daily dose of burpees, before I opened my platform.. as part of my daily routine.. Saluti a Pisa (bellissima citta ) Udine
ehehe ok I see , well I usually do burpees before going to train into swimming pool

Udine don't you think for all who's trading your system to have a common reference price as daily open price is a better way to trade? In this way we all should trade on the same signal (more or less)
Infact I see there is a very different outcome between different brokers that have different daily open start time.
For example this morning Oanda already closed an EU trade (winning) and i have another pending on GJ waiting to be activated, while with ICMarket any order was still opened, and this is due to daily open price which is quite different between the two brokers.

So as a further rule we can all agree that daily open line is the same as your , what do you think ?

Si Pisa è proprio carina come città !
  • #27,567
  • Mar 13, 2015 3:59am Mar 13, 2015 3:59am
Hello GM all,

My broker seems to use another time zone, it differs in day open. What should I do?
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de tela 2015-03-13 05.58.02.png Size: 41 KB
  • #27,568
  • Mar 13, 2015 4:00am Mar 13, 2015 4:00am
Quoting allhappy
{quote} Dear Firewight, I would like to have the indicator at the bottom of your chart. I have search many times and couldn't find it. IF you don't mind, kindly let me know where to find it. Thanks a lot. Be Happy
Hey mate,

Diallist explains it best in

  1. Post 27,524


    AbsoluteStrengthHisto2
    #PriceToOpen (60)
    #PriceToOpen (1440)

Life is like a snickers, its full of nuts!
  • #27,569
  • Mar 13, 2015 4:13am Mar 13, 2015 4:13am
Quoting skyline
{quote} ehehe ok I see , well I usually do burpees before going to train into swimming pool Udine don't you think for all who's trading your system to have a common reference price as daily open price is a better way to trade? In this way we all should trade on the same signal (more or less) Infact I see there is a very different outcome between different brokers that have different daily open start time. For example this morning Oanda already closed an EU trade (winning) and i have another pending on GJ waiting to be activated, while with ICMarket...

The idea is not bad, but I think that each with his/her own broker should be able to trade this successfully.

In the end our entries might be slightly different but overall the results will be the same..

I believe by now most know what broker I am using (wont mention it in the thread though), but I believe you can make it work with the material you have and the broker you have, unless your spreads are too big..

Please try to keep it as simple as possible

Udine
Sleep less, live fast, as it aint gonna last
  • #27,570
  • Mar 13, 2015 4:17am Mar 13, 2015 4:17am
Some may find this useful. MTF Absolute Strength Histogram with Alert.

The settings will need to be changed to those being used here. hopefully you all know what they are by now.

Good luck to all.
Attached File(s)
File Type: mq4 AbsoluteStrength mtf & alerts histo nmc.mq4   9 KB | 500 downloads
  • #27,571
  • Mar 13, 2015 4:18am Mar 13, 2015 4:18am
Before anybody asks why I did not enter the GBPJPY..

look at the chart: does it look like the GJ is going anywhere?

Its not a low risk entry...

the previous one neither (look to the left), but there I thought maybe the new money flowing into the market with Frankfurt open might make a move up, but it did not..

there will be other opportunities, if not today then next week

Udine

Edit: sorry forgot the chart..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.jpg Size: 207 KB
Sleep less, live fast, as it aint gonna last
  • #27,572
  • Mar 13, 2015 4:22am Mar 13, 2015 4:22am
Quoting firewight
{quote} Hey mate, Diallist explains it best in Post 27,524 AbsoluteStrengthHisto2 #PriceToOpen (60) #PriceToOpen (1440)
Thanks firewight.

@allhappy

Here's my chart, with the indie's at the bottom as firewight explained my explaining.
I figured I'd head you off before you asked me about the indies at the bottom of my chart.

Just having a little fun with you.

You stay all happy, okay!

Dial
Attached Image (click to enlarge)
Click to Enlarge Name: ASH_PTO60_PTO1440.JPG Size: 151 KB
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #27,573
  • Mar 13, 2015 4:23am Mar 13, 2015 4:23am
Quoting Udine
Before anybody asks why I did not enter the GBPJPY.. look at the chart: does it look like the GJ is going anywhere? Its not a low risk entry... the previous one neither (look to the left), but there I thought maybe the new money flowing into the market with Frankfurt open might make a move up, but it did not.. there will be other opportunities, if not today then next week Udine Edit: sorry forgot the chart.. {image}
Alot of resistence at the 650 and 700 area.

Asmodai
  • #27,574
  • Mar 13, 2015 4:47am Mar 13, 2015 4:47am
Quoting Udine
Before anybody asks why I did not enter the GBPJPY.. look at the chart: does it look like the GJ is going anywhere? Its not a low risk entry... the previous one neither (look to the left), but there I thought maybe the new money flowing into the market with Frankfurt open might make a move up, but it did not.. there will be other opportunities, if not today then next week Udine Edit: sorry forgot the chart.. {image}
More wisdom from the Ice Man! Ah thanks you kind suh!

Udine, how did you get your sweetspots to highlight both the 000 and the 500? I can only get mine to highlight the 000.

Also, which pivot indicator are you using please?

Thanks

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #27,575
  • Mar 13, 2015 4:48am Mar 13, 2015 4:48am
3 Trades to TP (+5, +5 and +5 pips)

GBPUSD + USDJPY and USDCAD

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 80 KB


Masterrmind...........
Master your Mind then Master your Trades
  • #27,576
  • Mar 13, 2015 4:51am Mar 13, 2015 4:51am
Quoting diallist
{quote} Udine, how did you get your sweetspots to highlight both the 000 and the 500? I can only get mine to highlight the 000. Also, which pivot indicator are you using please? Thanks Dial
FYI these settings will do what you want mate.

Attached Image
Life is like a snickers, its full of nuts!
  • #27,577
  • Mar 13, 2015 4:57am Mar 13, 2015 4:57am
Quoting firewight
{quote} FYI these settings will do what you want mate. {image}
That worked! You're my hero!

Thank you
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #27,578
  • Mar 13, 2015 5:02am Mar 13, 2015 5:02am
GU and GJ to TP

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #27,579
  • Mar 13, 2015 5:03am Mar 13, 2015 5:03am
Two pendings waiting to be triggered in my demo account placed by test EA

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 22 KB
  • #27,580
  • Mar 13, 2015 5:06am Mar 13, 2015 5:06am
Quoting diallist
{quote} More wisdom from the Ice Man! Ah thanks you kind suh! Udine, how did you get your sweetspots to highlight both the 000 and the 500? I can only get mine to highlight the 000. Also, which pivot indicator are you using please? Thanks Dial

Sweetspot has been shown

Pivot ..

here you go

Udine
Attached File(s)
File Type: mq4 ###Auto Pivot2.mq4   16 KB | 971 downloads
Sleep less, live fast, as it aint gonna last
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