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As simple as possible: 00 level trading

  • #28,321
  • Mar 23, 2015 3:27am Mar 23, 2015 3:27am
PartySheeper,
Your trades are completely wrong as I see... all three..
  • #28,322
  • Mar 23, 2015 3:37am Mar 23, 2015 3:37am
Early entry UJ - BE. Correct entry TP.
Attached Image (click to enlarge)
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  • #28,323
  • Mar 23, 2015 3:40am Mar 23, 2015 3:40am
Good morning and good trading everyone.

Late start for me, really needed the extra sleep.

Asmodai
  • #28,324
  • Mar 23, 2015 3:48am Mar 23, 2015 3:48am
I also took that UJ to TP, on my alternate system, less indicators, more simple etc...

Attached Image (click to enlarge)
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Life is like a snickers, its full of nuts!
  • #28,325
  • Mar 23, 2015 3:51am Mar 23, 2015 3:51am
EU TP
GY TP
EY SL
GU TS

-5.2 pip, -1.78% today so far. (2 SL, 2 TP, 2 TS)
Without TS 2 more trades would be winners. With 15 pip SL 5 (maybe 6?) winners. (EY still in progress)
  • #28,326
  • Mar 23, 2015 3:51am Mar 23, 2015 3:51am
OK FW .. consider this ...YOU have filled your net ...... Q
Whats That? you're trading What?
  • #28,327
  • Mar 23, 2015 3:52am Mar 23, 2015 3:52am
EU to TP level 2 entry?
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-03-23 10.49.48.png Size: 291 KB
  • #28,328
  • Mar 23, 2015 3:54am Mar 23, 2015 3:54am
Quoting Qed
OK FW .. consider this ...YOU have filled your net ...... Q
I know, I'm off my main account (demo) & onto a sub account with slightly different setups (also demo)...

just practice now, the more I can reinforce the rules, the more comfortable I am becoming.
Life is like a snickers, its full of nuts!
  • #28,329
  • Mar 23, 2015 3:54am Mar 23, 2015 3:54am
Quoting diallist
{quote} Hi cycle, Given my current understanding of a Level 2 entry, I believe your entry was too early. I think you're supposed to wait until that red candle closed red and then place your pending order. But if I'm wrong I welcome correction. Dial
I also agree that the entry was too early from what i understand.

If your not waiting for the candle to close red, i think that at least you should enter at the level after it engulfs the previous green, in this case the 300 level.

My brain is at 50% today, so i might be missing something.

Asmodai
  • #28,330
  • Mar 23, 2015 3:58am Mar 23, 2015 3:58am
FW u need to do real acc smallest possible unit to start ... I promise its totally different to demo ... apply the same rules PDF ... repeat after me ....APPLY the SAME RULES ....
Whats That? you're trading What?
  • #28,331
  • Mar 23, 2015 4:01am Mar 23, 2015 4:01am
Quoting Qed
FW u need to do real acc smallest possible unit to start ... I promise its totally different to demo ... apply the same rules PDF ... repeat after me ....APPLY the SAME RULES ....
I intend to do just that, however I'm heading away on holidays next week (Thailand) so was just holding off till I return, give myself some time to get back into the groove, then start on my live account.

I appreciate your confidence though, cheers!
Life is like a snickers, its full of nuts!
  • #28,332
  • Mar 23, 2015 4:02am Mar 23, 2015 4:02am
GU to SL

Is this Lv2 entry? so close to TP.

Attached Image


Numberman
  • #28,333
  • Mar 23, 2015 4:06am Mar 23, 2015 4:06am
Quoting firewight
London open: GU, GJ & EU all to TP, 6 mins work. *EDIT* L2 entries as I understand them. Confirmation of candle colour change... {image} Technically I should stop now for the day, right?
Hi Firewight,

Great job, particularly combined with your efforts during the Asian session.

Rapid.
  • #28,334
  • Edited 4:22am Mar 23, 2015 4:08am | Edited 4:22am
EJ to TS due to spread or something... commission was set to 0 in EA.
Enter as i understand on level 2 after green candle with no change of indies color...
I think the first level is one and only choice for me because after that price went up very quickly.
Same trade EU to SL.
Attached Image (click to enlarge)
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  • #28,335
  • Mar 23, 2015 4:11am Mar 23, 2015 4:11am
GU TP
GY TS, another "wannabe".
Should've been TP.
0.3 pips today, but -1.04% (due to commission)
GU very weak today,USD, JPY strong, so it could have been an easy day.
  • #28,336
  • Mar 23, 2015 4:12am Mar 23, 2015 4:12am
guys, girls,

once and for all..

the 30 minutes charts have not 1, not 2, not 3 , but 4 entry levels

and they are all 4 here between London open and the Close line

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.jpg Size: 125 KB


the answer will come later today

Enjoy..

Udine
Sleep less, live fast, as it aint gonna last
  • #28,337
  • Mar 23, 2015 4:25am Mar 23, 2015 4:25am
As Qed says, my net is full at 2.42% so I'm done for the day.

Now I am just patiently waiting for Udine to finish what must be a 10 gallon coffee, so I can find out his clarification of Level 2 entries.

Udine is pronunced "you-dine" or "oo-deen"?

Thanks Ice Man!

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,338
  • Mar 23, 2015 4:26am Mar 23, 2015 4:26am
Quoting numberman
GU to SL Is this Lv2 entry? so close to TP. {image} Numberman
Hey numberman!

Are you not using TS?

Vlad
  • #28,339
  • Mar 23, 2015 4:28am Mar 23, 2015 4:28am
Quoting Udine
guys, girls, once and for all.. the 30 minutes charts have not 1, not 2, not 3 , but 4 entry levels and they are all 4 here between London open and the Close line {image} the answer will come later today Enjoy.. Udine
I think i can see all 4 entries, but have some doubts about the timing.

Eagerly awaiting for the answers.

Asmodai
  • #28,340
  • Mar 23, 2015 4:31am Mar 23, 2015 4:31am
Quoting diallist
As Qed says, my net is full at 2.42% so I'm done for the day. Now I am just patiently waiting for Udine to finish what must be a 10 gallon coffee, so I can find out his clarification of Level 2 entries. Udine is pronunced "you-dine" or "oo-deen"? Thanks Ice Man! Dial
Dial,

http://en.wikipedia.org/wiki/Udine

now for the level 2..

the answer will come together with the level 3 and level 4 entries

then I have said all that can be said about this system, and its up to you guys and girls, to grow your account..

Udine
Sleep less, live fast, as it aint gonna last
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