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As simple as possible: 00 level trading

  • #28,341
  • Mar 23, 2015 4:38am Mar 23, 2015 4:38am
Quoting Vlad13685
{quote} Hey numberman! Are you not using TS? Vlad
No, i dont.

Numberman
  • #28,342
  • Mar 23, 2015 4:48am Mar 23, 2015 4:48am
Quoting numberman
{quote} No, i dont. Numberman
Hi numberman

I was not using TS also, but since i started with the "30m method" i started using it again.

There is a big diference between 10 pips lost and 5 pips not won.

I think it makes a diference in the account and in your head. I found that i'm more relaxed with a trade open using a TS, but thats me.

Asmodai
  • #28,343
  • Mar 23, 2015 4:56am Mar 23, 2015 4:56am
To continue #Post 28,236 with 2 more and up to date trades:
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.03.23_17h07m31s_001_.png Size: 97 KB

Both trades automated trading. For manual trading entry should be on prior candle.

Wish you all a great week.

nasap
The little nut in your head is called brain. Use it!
  • #28,344
  • Mar 23, 2015 4:57am Mar 23, 2015 4:57am
Quoting Asmodai
{quote} Hi numberman I was not using TS also, but since i started with the "30m method" i started using it again. There is a big diference between 10 pips lost and 5 pips not won. I think it makes a diference in the account and in your head. I found that i'm more relaxed with a trade open using a TS, but thats me. Asmodai
I'm with you, Asmodai. I turned that supposedly vile and ugly TS off for a while, but now I have that thing of grace and beauty turned on ALL the time now, never to be turned off again!!

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,345
  • Mar 23, 2015 5:05am Mar 23, 2015 5:05am
Quoting nasap
To continue #Post 28,236 with 2 more and up to date trades: {image} Both trades automated trading. For manual trading entry should be on prior candle. Wish you all a great week. nasap
Nasap,

Thanks for the additional informative and useful charts!

Would you be willing to post your Range_Filter indy, along with a brief explanation of how it is used?

Thank you!

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,346
  • Mar 23, 2015 5:11am Mar 23, 2015 5:11am
Quoting diallist
{quote} I'm with you, Asmodai. I turned that supposedly vile and ugly TS off for a while, but now I have that thing of grace and beauty turned on ALL the time now, never to be turned off again!! Dial
I'm also with you guys, although I noticed that if you only take conservative and very well thought entries (more comprehensive pa analysis than just signal on the "price to open" and "ASH" indicators in line with the DO, such as fibo clusters, pivot levels, ABCD patterns, supp and resistance) then the TS is not required. Such analysis however, changes the KISS nature of this system in a way. Since I would like to trade Udine's simple (and effective!) system I try not to look at those factors too much (although supp and res is inevitable). For these trades the TS is absolutely a must (in my opinion).
  • #28,347
  • Mar 23, 2015 5:13am Mar 23, 2015 5:13am
Quoting Asmodai
{quote} Hi numberman I was not using TS also, but since i started with the "30m method" i started using it again. There is a big diference between 10 pips lost and 5 pips not won. I think it makes a diference in the account and in your head. I found that i'm more relaxed with a trade open using a TS, but thats me. Asmodai
Thanks. I should use TS again.

Numberman
  • #28,348
  • Mar 23, 2015 5:16am Mar 23, 2015 5:16am
Quoting diallist
{quote} Look at my post 27690, then starting with Udine's post 27304 look at every chart Udine posted since then.
Just wanted to say thanks for this post buddy
  • #28,349
  • Mar 23, 2015 5:19am Mar 23, 2015 5:19am
Quoting Griruk
PartySheeper, Your trades are completely wrong as I see... all three..
Can you explain it please in detail?
It's M30 method, 00/50 entry.
Thanks.
  • #28,350
  • Mar 23, 2015 5:26am Mar 23, 2015 5:26am
Quoting PartySheeper
{quote} Can you explain it please in detail? It's M30 method, 00/50 entry. Thanks.
Better start reading mate.

try here first: http://www.forexfactory.com/showthre...51#post8127051
Life is like a snickers, its full of nuts!
  • #28,351
  • Mar 23, 2015 5:28am Mar 23, 2015 5:28am
Finished for today, no trades after those huge candles.

Attached Image (click to enlarge)
Click to Enlarge Name: 2015_03_23_Daily_WUKAR_02.JPG Size: 615 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 2015_03_23_Daily_DETAILS.JPG Size: 55 KB

Attached Image


Should have been a much better day.
Next trade tomorrow at 9:00 CET.
  • #28,352
  • Mar 23, 2015 5:32am Mar 23, 2015 5:32am
Quoting PartySheeper
{quote} Can you explain it please in detail? It's M30 method, 00/50 entry. Thanks.

1. you use HA_SW and original method do not, instead of HA_SW you should put M-Candles_SW
2. you should open pending order on the first 50/00 level to candle close, your all orders are too late

May be I'm wrong... any comments guys?
EJ to TP
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM30.png Size: 106 KB
  • #28,353
  • Mar 23, 2015 5:47am Mar 23, 2015 5:47am
I couldnt find any setup today for EU GU EJ GJ on Europe session according to m30. Do i miss some rules for entry ?
  • #28,354
  • Mar 23, 2015 5:53am Mar 23, 2015 5:53am
Quoting msdogan
I couldnt find any setup today for EU GU EJ GJ on Europe session according to m30. Do i miss some rules for entry ?
If you stick to the exact rules firefight just linked, there wasn't any.
  • #28,355
  • Mar 23, 2015 5:53am Mar 23, 2015 5:53am
Quoting msdogan
I couldnt find any setup today for EU GU EJ GJ on Europe session according to m30. Do i miss some rules for entry ?
End of nice harmonic pattern and the set-up 30 mins for 5-10 pips,

EJ - dtto...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD+M30.png Size: 76 KB
  • #28,356
  • Mar 23, 2015 5:59am Mar 23, 2015 5:59am
Quoting snail69
{quote} End of nice harmonic pattern and the set-up 30 mins for 5-10 pips, EJ - dtto... {image}
Hehe.... always looking for those patterns snail69.

Asmodai
  • #28,357
  • Mar 23, 2015 6:06am Mar 23, 2015 6:06am
Cant wait for those lv entries.

Numberman
  • #28,358
  • Mar 23, 2015 6:07am Mar 23, 2015 6:07am
Quoting msdogan
I couldnt find any setup today for EU GU EJ GJ on Europe session according to m30. Do i miss some rules for entry ?
Not every session in every day can produce trades. Patience is the key here. I'm the same I want to trade trade trade, but I know waiting for the best chance at a positive trade will also help protect your hard earned pips as well!

There's always a new session & a new day just around the corner.
Life is like a snickers, its full of nuts!
  • #28,359
  • Mar 23, 2015 6:09am Mar 23, 2015 6:09am
Quoting diallist
Udine is pronunced "you-dine" or "oo-deen"? Thanks Ice Man! Dial
Wow, both my guesses at the pronunciation were wrong. Thanks Udine.

Now, if I can just figure out the correct Italian hand gesture to use with that, I'll be all set! <grin>

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,360
  • Mar 23, 2015 6:10am Mar 23, 2015 6:10am
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

the answer:

Level 1: ash color change to Mcandle color
Level 2: candle color change to same color ash & mcandles
Level 3: continuation of the 2nd 30M candle during the 1H and 1H Mcandle color = ash & daily Mcandle
Level 4: hourly breakout

Here in the chart

Attached Image (click to enlarge)
Click to Enlarge Name: 4 levels of entry M30 trading.jpg Size: 214 KB


Now dont start discussing the levels in detail... its all on there..

you decide for yourself, what you trade... the higher the level, the higher the risk... its up to you..

and if you dont understand, dont start asking, the answers are all in the chart!!

Now lets see if the questions about level 2 are answered..

cheers

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