As simple as possible: 00 level trading | Page 1396 | 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

  • #27,901
  • Mar 17, 2015 1:38am Mar 17, 2015 1:38am
GJ SL -10 Ouch!

R
  • #27,902
  • Mar 17, 2015 1:39am Mar 17, 2015 1:39am
Quoting Gokay
nice Indicator, {file} {image}

overkill

Keep it simple

Udine
Sleep less, live fast, as it aint gonna last
  • #27,903
  • Mar 17, 2015 1:40am Mar 17, 2015 1:40am
Anyone else took GU short at 1.47750 that hit SL?
  • #27,904
  • Mar 17, 2015 1:40am Mar 17, 2015 1:40am
Quoting pipcruiser
{quote} Yes. It started 30 mins before and when I saw the bullish momentum on both EU and EJ I decided to take the trade. PC

but that also caused higher spread at entry and slippage

Udine
Sleep less, live fast, as it aint gonna last
  • #27,905
  • Mar 17, 2015 1:41am Mar 17, 2015 1:41am
Loss 1 today

GU to SL

Attached Image (click to enlarge)
Click to Enlarge Name: loss 1.jpg Size: 135 KB
Life is like a snickers, its full of nuts!
  • #27,906
  • Mar 17, 2015 1:42am Mar 17, 2015 1:42am
Quoting yelena
{quote} (In respect to Udine's teaching I will delete this post in an hour. I just placed it to point out PA + ASH) From PA perspective GJ is a clear short. That's how the ASH is actually used for long haul trades. Only shorted GJ with a -15 SL, the candles in EJ was in odd formation. Wheelbarrel will have it at BE at +15 and move +15 on every 30. If not retaraced, will close it at 1330 candle close, during LO lunchtime. {image}
Yelena,

no need to delete..

you add more intelligence to this thread than I do

Stick around, I love female comapny

Udine
Sleep less, live fast, as it aint gonna last
  • #27,907
  • Mar 17, 2015 1:43am Mar 17, 2015 1:43am
Quoting Udine
{quote} but that also caused higher spread at entry and slippage Udine
Se nota
Less is more...
  • #27,908
  • Mar 17, 2015 1:44am Mar 17, 2015 1:44am
Quoting gigicualex
Anyone else took GU short at 1.47750 that hit SL?

Why enter after a candle of almost 50 pips ??

that is asking for trouble...

look at the past, how many times it did not retrace first ???

Udine
Sleep less, live fast, as it aint gonna last
  • #27,909
  • Mar 17, 2015 1:47am Mar 17, 2015 1:47am
Quoting gigicualex
Anyone else took GU short at 1.47750 that hit SL?
Almost....

Got smashed of the GJ...instead

Maybe we shouldn't enter after such a large candle.

Any advice from the luminaries watching on?

Rapid
  • #27,910
  • Mar 17, 2015 1:47am Mar 17, 2015 1:47am
Quoting Udine
{quote} Why enter after a candle of almost 50 pips ?? that is asking for trouble... look at the past, how many times it did not retrace first ??? Udine
Thanks Udine. Will keep in mind next time
  • #27,911
  • Mar 17, 2015 1:49am Mar 17, 2015 1:49am
Quoting Udine
{quote} Why enter after a candle of almost 50 pips ?? that is asking for trouble... look at the past, how many times it did not retrace first ??? Udine
Thanks Udine...got caught up in rule following and left common sense behind.

Rapid
  • #27,912
  • Mar 17, 2015 1:51am Mar 17, 2015 1:51am
Quoting Udine
{quote} Why enter after a candle of almost 50 pips ?? that is asking for trouble... look at the past, how many times it did not retrace first ??? Udine
I had a gut feeling about that myself.

Will add that to my mental checklist of things to watch for.

Cheers mate!
Life is like a snickers, its full of nuts!
  • #27,913
  • Mar 17, 2015 1:52am Mar 17, 2015 1:52am
Trade #1 o/t day: AUDCAD out by TS.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 85 KB
Wisdom begins in wonder
  • #27,914
  • Mar 17, 2015 2:14am Mar 17, 2015 2:14am
Quoting Udine
{quote} Why enter after a candle of almost 50 pips ?? that is asking for trouble... look at the past, how many times it did not retrace first ??? Udine

Just a suggestion. If the candle is double the ATR (480 is this case) then definitely avoid the trade after it and wait for a PB. Damn - I'm analyzing again
  • #27,915
  • Mar 17, 2015 2:16am Mar 17, 2015 2:16am
GBP has given some good opportunities to sell. So I did.
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.03.17_16h55m37s_012_.png Size: 27 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.03.17_16h57m53s_013_.png Size: 34 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.03.17_16h58m58s_014_.png Size: 27 KB

Additional 2 trades on USD
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.03.17_17h01m22s_015_.png Size: 27 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.03.17_17h03m07s_016_.png Size: 26 KB

And the only trade from the early Tokyo Session
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.03.17_11h06m50s_007_.png Size: 25 KB

Happy trading!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #27,916
  • Mar 17, 2015 2:54am Mar 17, 2015 2:54am
Quiet night for setups that match the rules!

If anyone wants to chat or discuss, feel free to FB me!

https://www.facebook.com/nathan.johnston.1276

Cheers!
Life is like a snickers, its full of nuts!
  • #27,917
  • Mar 17, 2015 2:55am Mar 17, 2015 2:55am
CADJPY: +5

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 84 KB
Wisdom begins in wonder
  • #27,918
  • Mar 17, 2015 2:57am Mar 17, 2015 2:57am
USDCAD out by TS: + 1 pip

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 86 KB
Wisdom begins in wonder
  • #27,919
  • Mar 17, 2015 3:04am Mar 17, 2015 3:04am
GBPJPY out by TS, only to race to TP just after.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 83 KB
Wisdom begins in wonder
  • #27,920
  • Mar 17, 2015 3:05am Mar 17, 2015 3:05am
Déjà vu, more trailstop.

GBPÜSD this time.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 85 KB
Wisdom begins in wonder
5 traders viewing now