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As simple as possible: 00 level trading

  • #27,861
  • Mar 16, 2015 6:34pm Mar 16, 2015 6:34pm
Quoting diallist
{quote} No more looking at H1? I didn't see Mcandle 60 in your KISS rules, just Mcandle 1440 (D1) and ash on M30 chart.
@Dial

ASH colour change = the safest entry.

You want to adventure beyond and take "level 2, level 3, advanced" and more risky entries ?
Slap on another indi and take your pick between i.e. SwingMan´s Trix indi (value 1), Price To Open M30, Heikin Ashi on steroids, ...
Basically any indicator that will signal a candle colour change for re-entry.

You´ll get double the signals at half the reliability...

My advice: trade AC, AJ, AU, CJ, EJ, EU, GJ, GU, NJ, NU, UC, (UJ) and only trade the ASH color change.
This should give you - between FFO & LC - 1 or 2 highly reliable signals per cross.
10 pairs x 1 signal x 5 pips = 50 pips...

Look at the trades I posted today and you´ll see...

Just my 2 cents...

LuXing
Wisdom begins in wonder
  • #27,862
  • Mar 16, 2015 6:44pm Mar 16, 2015 6:44pm
Quoting dimdel
another question These orders is correct or not; udine said me only in every new change color so ... i did this new color= ASH+1440+60+CANDLE {image} thanks
@Dimdel

Can´t see the symbol on your chart, but this looks like a FTSE100 chart to me. I don´t trade indices, but hey, I am open minded.
I cannot see the TF either, following rhtrader´s eye opener, did you put this on M1 or M5 ?

The most important thing here (from my point of view), is to trade the M30 ASH colour change.

Any doubts you should have, let me know !

LuXing
Wisdom begins in wonder
  • #27,863
  • Mar 16, 2015 10:57pm Mar 16, 2015 10:57pm
Good afternoon everyone (in Australia its afternoon now )

I'd like to thank everyone who has been contributing to this thread, its has been really great, especially the last 10 pages or so which have really made things "click" with me.

I feel like I am approaching that "epiphany" that Udine was sharing in the Traders Hill, if not in actual trading, then in my understanding.

Recently I have been understanding more and more of what is required to follow this system. It is not hard, but as with any new system a trader tries, you experiment, try to adjust and modify, think "why not do this" etc... I have found that this is detrimental to my efforts, and the last 10 pages have given me some clarity in what needs to be done.

Today I will start fresh, and I will use the following positive affirmations to keep me moving in the right direction.

A) I will only trade between the Frankfurt open and 2 hours into the London session. I will NOT look for other opportunities throughout the day.
B) I will only watch the 4 suggested pairs by Udine, being GU, GJ, EU & EJ. I will NOT be tempted to open other charts and look for additional setups.
C) I will only take 1 trade per hour, per pair, IF the opportunity arises. I will NOT chase trades.
D) I will avoid the RN, 900 & 100 levels, and be aware of major support, resistance & pivot levels. I will NOT ignore these are they are psychological barriers.
E) I will be happy with my results. If I don't get clean setups on those pairs today, they WILL be there tomorrow. If I don't make that 2-5% in a day, I WILL make it tomorrow!

Good luck to everyone!
Life is like a snickers, its full of nuts!
  • #27,864
  • Mar 16, 2015 11:25pm Mar 16, 2015 11:25pm
Quoting firewight
Good afternoon everyone (in Australia its afternoon now ) I'd like to thank everyone who has been contributing to this thread, its has been really great, especially the last 10 pages or so which have really made things "click" with me. I feel like I am approaching that "epiphany" that Udine was sharing in the Traders Hill, if not in actual trading, then in my understanding. Recently I have been understanding more and more of what is required to follow this system. It is not hard, but as with any new system a trader tries, you experiment, try...
Sounds like a good plan
  • #27,865
  • Mar 16, 2015 11:30pm Mar 16, 2015 11:30pm
Quoting LuXing
{quote} @Dial ASH colour change = the safest entry. You want to adventure beyond and take "level 2, level 3, advanced" and more risky entries ? Slap on another indi and take your pick between i.e. SwingMans Trix indi (value 1), Price To Open M30, Heikin Ashi on steroids, ... Basically any indicator that will signal a candle colour change for re-entry. Youll get double the signals at half the reliability... My advice: trade AC, AJ, AU, CJ, EJ, EU, GJ, GU, NJ, NU, UC, (UJ) and only trade the ASH color change. This should give you - between FFO & LC...
Hi LuXing,

Thank you for thinking of me and giving me valuable suggestions. Most appreciated!

I have several questions but I'll ask only the two I'd most like answers to:

1. In your list of recommended pairs, why is UJ in parentheses?

2. When you say only trade the ASH color change, do you mean the ASH all by itself or when the change comes into agreement with the D1?

I'll save my other questions for later. I need to digest what you've suggested a little at a time.

Thanks again for your thoughtfulness.

Dial

1.
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #27,866
  • Mar 16, 2015 11:31pm Mar 16, 2015 11:31pm
Quoting firewight
Good afternoon everyone (in Australia its afternoon now ) I'd like to thank everyone who has been contributing to this thread, its has been really great, especially the last 10 pages or so which have really made things "click" with me. I feel like I am approaching that "epiphany" that Udine was sharing in the Traders Hill, if not in actual trading, then in my understanding. Recently I have been understanding more and more of what is required to follow this system. It is not hard, but as with any new system a trader tries, you experiment, try...
Excellent game plan firewight! It should do wonders for you PDF & BCC, not to mention your trading results!
Thanks for sharing. I've copied and pasted it into my treasured files folder.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #27,867
  • Mar 16, 2015 11:51pm Mar 16, 2015 11:51pm
Quoting dimdel
{quote} 1) it's bad if someone make questions? 2) of course there are stupid questions but if you dont want to affect someone then dont give corresponding answers you could tell no answer 2) i wrote (suppose) we are in M30 candle so i dont make fake questions 3) My purposes iIt to know your system as best i can 4) i am teacher , and i would never give such answer either of my worst students 5) propably i have not learned this new method of communication with my students perhaps practicing in future 6) it is not right to ask someone to leave because...

Dimdel,

As a teacher you, more than anybody else, should know that you start with the basics.

If you teach Science, you start wit the Einsteins theory, or you start with the basics ???

Well my friend, why dont you:

1. start with the basics of this system and
2. start to make real money instead of
3. complicating matters which will result on you being on demo forever

so chill and start to focus: the ONLY reason you entered in the world of forex is to make money, so get started!!!!!!!!!!!!!

PDF & BCC

Udine
Sleep less, live fast, as it aint gonna last
  • #27,868
  • Mar 17, 2015 12:08am Mar 17, 2015 12:08am
Quoting diallist
{quote} No more looking at H1? I didn't see Mcandle 60 in your KISS rules, just Mcandle 1440 (D1) and ash on M30 chart.
Dial,

there is more in this than you have seen so far...

There are three levels of entries on the M30, but the Mcandles 1H hs nothing to do with level 1 and 2

here the level 1 and 2 in chart:

Attached Image (click to enlarge)
Click to Enlarge Name: levels.jpg Size: 214 KB


DONT ASK FOR LEVEL 3.. it will only confuse matters more..

Cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #27,869
  • Mar 17, 2015 12:12am Mar 17, 2015 12:12am
Quoting diallist
{quote} Hi LuXing, Thank you for thinking of me and giving me valuable suggestions. Most appreciated! I have several questions but I'll ask only the two I'd most like answers to: 1. In your list of recommended pairs, why is UJ in parentheses? 2. When you say only trade the ASH color change, do you mean the ASH all by itself or when the change comes into agreement with the D1? I'll save my other questions for later. I need to digest what you've suggested a little at a time. Thanks again for your thoughtfulness. Dial 1.

Dial,

I will anser for LuXing (and I am sure he will correct me when I am wrong), as I have checked more pairs than my basic 4 , but decided to stick to my 4 mistresses

1. I believe UJ is between parentheses, because has a lowere ADR, which is why I would add CJ also between parentheses
2. ASH into Agreement with D1

Cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #27,870
  • Mar 17, 2015 12:13am Mar 17, 2015 12:13am
Quoting firewight
Good afternoon everyone (in Australia its afternoon now ) I'd like to thank everyone who has been contributing to this thread, its has been really great, especially the last 10 pages or so which have really made things "click" with me. I feel like I am approaching that "epiphany" that Udine was sharing in the Traders Hill, if not in actual trading, then in my understanding. Recently I have been understanding more and more of what is required to follow this system. It is not hard, but as with any new system a trader tries, you experiment, try...
Firewight,

GREAT PLAN !!!

Love to be in good company

PDF & BCC

Udine
Sleep less, live fast, as it aint gonna last
  • #27,871
  • Mar 17, 2015 12:32am Mar 17, 2015 12:32am
Quoting Udine
{quote} Dial, there is more in this than you have seen so far... There are three levels of entries on the M30, but the Mcandles 1H hs nothing to do with level 1 and 2 here the level 1 and 2 in chart: {image} DONT ASK FOR LEVEL 3.. it will only confuse matters more.. Cheers Udine
Udine a question for you, as shown in my chart at 6:30 candle shown by vertical line we have ASH color change matching with daily candle but in next three candles order didn't trigger but ASH color remained same, so can we still enter on break of that trigger point or now we have to wait for next color change and signal.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM30.png Size: 39 KB
  • #27,872
  • Mar 17, 2015 1:00am Mar 17, 2015 1:00am
Quoting zohaib
{quote} Udine a question for you, as shown in my chart at 6:30 candle shown by vertical line we have ASH color change matching with daily candle but in next three candles order didn't trigger but ASH color remained same, so can we still enter on break of that trigger point or now we have to wait for next color change and signal. {image}
Currently I would not suggest the GBPJPY no matter what color ASH shows. Since beginning of the day it's in a range. Strength of both pairs almost equal. Maybe after BOJ Press Conference there will be a bit more PA.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.03.17_13h50m28s_008_.png Size: 26 KB


Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #27,873
  • Mar 17, 2015 1:10am Mar 17, 2015 1:10am
Quoting JibalaPasan
{quote} Currently I would not suggest the GBPJPY no matter what color ASH shows. Since beginning of the day it's in a range. Strength of both pairs almost equal. Maybe after BOJ Press Conference there will be a bit more PA. {image} Jibala
you are rite JibalaPasan i am not trading this at the moment, just found the situation so asked it.
  • #27,874
  • Mar 17, 2015 1:15am Mar 17, 2015 1:15am
EJ to TP
Attached Image
  • #27,875
  • Mar 17, 2015 1:20am Mar 17, 2015 1:20am
Quoting cycle
EJ to TP {image}
Violating the rules!
Attached Image

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #27,876
  • Mar 17, 2015 1:35am Mar 17, 2015 1:35am
Quoting JibalaPasan
{quote} Violating the rules! {image} Jibala
FF calender showed only tentative...
Attached Image (click to enlarge)
Click to Enlarge Name: news.png Size: 3 KB
  • #27,877
  • Mar 17, 2015 1:38am Mar 17, 2015 1:38am
Quoting LuXing
{quote} @Dial ASH colour change = the safest entry. You want to adventure beyond and take "level 2, level 3, advanced" and more risky entries ? Slap on another indi and take your pick between i.e. SwingMans Trix indi (value 1), Price To Open M30, Heikin Ashi on steroids, ... Basically any indicator that will signal a candle colour change for re-entry. Youll get double the signals at half the reliability... My advice: trade AC, AJ, AU, CJ, EJ, EU, GJ, GU, NJ, NU, UC, (UJ) and only trade the ASH color change. This should give you - between FFO & LC...
Hi LuXing,

I find it difficult to focus on Udine's 4 'mistresses', how do you keep up to date with eleven plus charts?

Thank you,
Rapid
  • #27,878
  • Mar 17, 2015 1:43am Mar 17, 2015 1:43am
Quoting zohaib
{quote} Udine a question for you, as shown in my chart at 6:30 candle shown by vertical line we have ASH color change matching with daily candle but in next three candles order didn't trigger but ASH color remained same, so can we still enter on break of that trigger point or now we have to wait for next color change and signal. {image}

Zohaib,

I prefer to wait for a new signal, as clearly there is no momentum to get us fast our 5 pips.

Besides I trade from Frankfurt open - London close

Cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #27,879
  • Mar 17, 2015 1:49am Mar 17, 2015 1:49am
Quoting Udine
{quote} Zohaib, I prefer to wait for a new signal, as clearly there is no momentum to get us fast our 5 pips. Besides I trade from Frankfurt open - London close Cheers Udine
Thanks Udine. I also trade from Frankfurt open but found the situation and wanted to know how you will act in this situation.
Green pips to you
  • #27,880
  • Mar 17, 2015 2:19am Mar 17, 2015 2:19am
another EJ to TP (long)
Attached Image
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