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As simple as possible: 00 level trading

  • #28,241
  • Mar 20, 2015 12:03pm Mar 20, 2015 12:03pm
Last trade o/t day: EURCAD out by TS (to go to well beyond TP 5 seconds after). +.9 pips

Stay green and enjoy your weekend !

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 73 KB
Wisdom begins in wonder
  • #28,242
  • Mar 20, 2015 12:23pm Mar 20, 2015 12:23pm
The only 2 losing trades I had today were both CHF pairs so I think it is probably a good idea for me to remove them completely.
  • #28,243
  • Mar 20, 2015 12:40pm Mar 20, 2015 12:40pm
Quoting ericjschroed
The only 2 losing trades I had today were both CHF pairs so I think it is probably a good idea for me to remove them completely.
Hey Eric,

Yeah, Swiss are only good at/for 3 things;

- bank secret (finished in 2018 anyway)
- watches (I donīt wear one, trading is a patience game)
- chocolate (prefer Belgian chocolate)

So, I agree. Letīs ban the CHF, from our charts, from FF, ban īm altogether.

Dammit, should have taken my medicine this morning.

LuXing
Wisdom begins in wonder
  • #28,244
  • Mar 20, 2015 12:56pm Mar 20, 2015 12:56pm
Quoting nasap
Hello guys, I know the past was not really what we call a good conversation. People become jealous on others just because of their success and started bad talking. But inside this thread there are so many hints that everybody who is able to calculate 1 + 1 can make its profits day by day. Hence, all you have to do is just reading the posts. My Dashboard, some people call it the or my holy grail, was designed to help me to pick the right pairs. However it is not free of faults but I know at any time what I have to do! Therefore, even I would share...
Hey !

Welcome "back" !!!!

OMG Iīm shocked, you need a dashboard ?
What are you, a truck driver or a trader ?
A strength meter for main direction ? You donīt have GPS ?

Sigh. Must be the eclipse, now whereīs that medicine...

Have a good weekend and a green week !

LuXing
Wisdom begins in wonder
  • #28,245
  • Mar 20, 2015 1:51pm Mar 20, 2015 1:51pm
@nasap

What an amazingly generous post!

I thank you for all the time I know it took you to put the post together before sending it, and even more time to research it before composing it. Your efforts are greatly appreciated and your generosity is truly amazing!

I won't even think of asking you any questions about what you've posted until I've taken a good amount of time to thoroughly test it myself.

Dial
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  • #28,246
  • Mar 20, 2015 3:56pm Mar 20, 2015 3:56pm
Hello,
I have the beginning of this thread. Simple enough to grasp.

The question I have is this one: any particular reason why this could win? I am NOT saying it is not winning. I just like to know why I put my money on the line. Any other reason than trading I hre in accordance with Daily. What are the use of the 00 lines? Can t mean too much.
It was probably answered somewher in the 1400 posts before. Dont mind if I dont want ot go through 1400 posts...

Insider
  • #28,247
  • Mar 20, 2015 4:50pm Mar 20, 2015 4:50pm
I made it, after hundreds of tests, modifications, calculations and insomnia i managed to have my formula, realizing that all these indicators create a wall that blocks the view and does not allow to get serious results, and layers 00, 05 are only estimated points for future orders, i moved on eurusd m1....
Attached Image

more i work on the past more i can get the future framework, performing my work this weekend im sure to do twice of pips
if i look at my desk there are meters of sheets
I have to buy a bigger one
  • #28,248
  • Mar 20, 2015 5:13pm Mar 20, 2015 5:13pm
Quoting nasap
Hello guys, I know the past was not really what we call a good conversation. People become jealous on others just because of their success and started bad talking. But inside this thread there are so many hints that everybody who is able to calculate 1 + 1 can make its profits day by day. Hence, all you have to do is just reading the posts. My Dashboard, some people call it the or my holy grail, was designed to help me to pick the right pairs. However it is not free of faults but I know at any time what I have to do! Therefore, even I would share...
nice explanation. Thanks.
  • #28,249
  • Mar 20, 2015 10:15pm Mar 20, 2015 10:15pm
Quoting Robinho
{quote} I do not understand the function of HA ... is not critical, just a question,,, only as a filter?
There is not so much to understand about, just open your eyes! Therefore lets have a closer look on a chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.03.21_10h45m32s_001_.png Size: 101 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.03.21_10h52m04s_002_.png Size: 25 KB

The 1st layer (indicator window 2) M-CanlesSW1 (Green/Maroon), 2nd HA_SWAlert (OliveDrab/FireBrick)), 3rd AbsoluteStrengthHisto2 (Lime/Red). I think it doesn't need further explanations because it is clear that it works as an additional filter and keeps you away from taking false signals.

Regards nasap
The little nut in your head is called brain. Use it!
  • #28,250
  • Mar 20, 2015 10:40pm Mar 20, 2015 10:40pm
Quoting LuXing
{quote} Hey Eric, Yeah, Swiss are only good at/for 3 things; - bank secret (finished in 2018 anyway) - watches (I dont wear one, trading is a patience game) - chocolate (prefer Belgian chocolate) So, I agree. Lets ban the CHF, from our charts, from FF, ban m altogether. Dammit, should have taken my medicine this morning. LuXing
LOL nice!
Life is like a snickers, its full of nuts!
  • #28,251
  • Mar 20, 2015 11:05pm Mar 20, 2015 11:05pm
Quoting RoneyFX
I made it, after hundreds of tests, modifications, calculations and insomnia i managed to have my formula, realizing that all these indicators create a wall that blocks the view and does not allow to get serious results, and layers 00, 05 are only estimated points for future orders, i moved on eurusd m1.... {image} more i work on the past more i can get the future framework, performing my work this weekend im sure to do twice of pips if i look at my desk there are meters of sheets I have to buy a bigger one
Congratulations Roney! I'm glad to see all your hard work is paying off for you.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,252
  • Mar 20, 2015 11:25pm Mar 20, 2015 11:25pm
Quoting nasap
{quote} There is not so much to understand about, just open your eyes! Therefore lets have a closer look on a chart. {image} {image} The 1st layer (indicator window 2) M-CanlesSW1 (Green/Maroon), 2nd HA_SWAlert (OliveDrab/FireBrick)), 3rd AbsoluteStrengthHisto2 (Lime/Red). I think it doesn't need further explanations because it is clear that it works as an additional filter and keeps you away from taking false signals. Regards nasap
Thank you friend, for his willingness to explain.
Ask for who knows is always good, and I will not let the opportunity pass. kkkkkkkkkkkk

Use the Forex Profit indicator supreme meter, but due to his explanation, I would leave only 12 pairs:
EURUSD, EURJPY, GBPUSD, GBPJPY, AUDUSD, AUDJPY, NZDUSD, NZDJPY, USDCHF, CHFJPY, USDCAD, CADJPY.

How do I leave the Forex Profit Supreme meter only with these 12 pairs?

thanks for everything.
  • #28,253
  • Mar 21, 2015 2:43am Mar 21, 2015 2:43am
Quoting Robinho
{quote} Thank you friend, for his willingness to explain. Ask for who knows is always good, and I will not let the opportunity pass. kkkkkkkkkkkk Use the Forex Profit indicator supreme meter, but due to his explanation, I would leave only 12 pairs: EURUSD, EURJPY, GBPUSD, GBPJPY, AUDUSD, AUDJPY, NZDUSD, NZDJPY, USDCHF, CHFJPY, USDCAD, CADJPY. How do I leave the Forex Profit Supreme meter only with these 12 pairs? thanks for everything.
@Robinho,

Try this, it should work for you.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 24 KB
Wisdom begins in wonder
  • #28,254
  • Mar 21, 2015 2:47am Mar 21, 2015 2:47am
Quoting RoneyFX
I made it, after hundreds of tests, modifications, calculations and insomnia i managed to have my formula, realizing that all these indicators create a wall that blocks the view and does not allow to get serious results, and layers 00, 05 are only estimated points for future orders, i moved on eurusd m1.... {image} more i work on the past more i can get the future framework, performing my work this weekend im sure to do twice of pips if i look at my desk there are meters of sheets I have to buy a bigger one
Fabulous RoneyFX !

Congratulations on your more than impressive results !
M1 charts are way too quick for me, makes me nervous.
Continue collecting pips like this and youīll be able to buy the biggest desk in the world

LuXing
Wisdom begins in wonder
  • #28,255
  • Mar 21, 2015 2:53am Mar 21, 2015 2:53am
Quoting Robinho
{quote} Use the Forex Profit indicator supreme meter, but due to his explanation, I would leave only 12 pairs: EURUSD, EURJPY, GBPUSD, GBPJPY, AUDUSD, AUDJPY, NZDUSD, NZDJPY, USDCHF, CHFJPY, USDCAD, CADJPY. How do I leave the Forex Profit Supreme meter only with these 12 pairs? thanks for everything.
Try this, Robinho.
(Ignore the "i" suffix in the screenshot. I've removed it from the code, so it should work for you.)

Dial
Attached Image
Attached File(s)
File Type: ex4 ForexProfitSupreme Meter_Robinho_12.ex4   97 KB | 1,182 downloads
File Type: mq4 ForexProfitSupreme Meter_Robinho_12.mq4   40 KB | 1,456 downloads
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,256
  • Mar 21, 2015 2:54am Mar 21, 2015 2:54am
Quoting insider999
Hello, I have the beginning of this thread. Simple enough to grasp. The question I have is this one: any particular reason why this could win? I am NOT saying it is not winning. I just like to know why I put my money on the line. Any other reason than trading I hre in accordance with Daily. What are the use of the 00 lines? Can t mean too much. It was probably answered somewher in the 1400 posts before. Dont mind if I dont want ot go through 1400 posts... Insider
@insider999
"any particular reason why this could win?"
I presume you are referring to the 00-level, Wukar, As Simple As Possible trading system ?
Its not the system, but the trader that "wins". A good trader with the right mindset will be able to make money with almost any system.
This particular system seems to suit a lot of people, that includes myself.

"What are the use of the 00 lines? Can t mean too much."
I refer to my signature. Try www.giyf.com to find more information on psychological price levels.

Happy studying and trading.

LuXing
Wisdom begins in wonder
  • #28,257
  • Mar 21, 2015 2:57am Mar 21, 2015 2:57am
Quoting diallist
{quote} Try this, Robinho. (Ignore the "i" suffix in the screenshot. I've removed it from the code, so it should work for you.) Dial {image} {file} {file}
Thanks Dial, saved me the time of doing it myself!
Life is like a snickers, its full of nuts!
  • #28,258
  • Mar 21, 2015 3:05am Mar 21, 2015 3:05am
Quoting LuXing
{quote} @insider999 "any particular reason why this could win?" I presume you are referring to the 00-level, Wukar, As Simple As Possible trading system ? Its not the system, but the trader that "wins". A good trader with the right mindset will be able to make money with almost any system. This particular system seems to suit a lot of people, that includes myself. "What are the use of the 00 lines? Can t mean too much." I refer to my signature. Try www.giyf.com to find more information on psychological price levels....
LuXing, I'm surprised you wasted time on Mr. SpoonFeedMeBecauseImTooDamnLazyToDoAnythingForMyself
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,259
  • Mar 21, 2015 3:08am Mar 21, 2015 3:08am
Quoting firewight
{quote} Thanks Dial, saved me the time of doing it myself!
HEY!, Put that back! You're name's not Robinho!

sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,260
  • Mar 21, 2015 4:24am Mar 21, 2015 4:24am
PDF 1minute charts are strickly for the birds IMO , seen many many punters go broke using anything less than 15 min ... . only when you conquer 1hr of longer can you try your hand at PUNTING ...IMO ....Udine started this thread with 1HR ......the system worked on 1 hour .....rinse ...repeat ...now because of GREED people thought ..HELLO if we get in earlier eg 30 mins we can make MORE .........WHO said "LESS IS MORE"?.... WINNERS say that ,,, Winners Do Simple as 00 trading, of course the individual can modify the "system" to suit their own personality ,,, but in the end if you dont have PDF you're wasting your time ... In the time Ive been doing forex Ive seen 2 traders blow $100k accounts,purely through LACK of PDF... GREED and EMOTION took their $$$ . Good Fortune to all who put the time and EFFORT into reading and understanding the RULES and being able to put them into PRACTISE.... RINSE AND REPEAT ....Q
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