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As simple as possible: 00 level trading

  • #28,481
  • Mar 24, 2015 7:07am Mar 24, 2015 7:07am
Quoting Adam84
{quote} Nasap, I value your input very much and I do not want to see you leaving. Your explanantion of your method last Friday was very clear and it shows your generous intentions. It also makes a lot of sense to me. Although I respect him, I don not agree with gigicualex' comment above. Please keep posting in the supporting way you have done last days
Thanks a lot for your kind words. Maybe I will post some more trades and that's it, because all is said already and everything can be found inside the thread. Imho it has become very easy to identify if a pair is ready to trade or not. It's all up to you if you want to pick the raisins! I just lend a helping hand but nobody is forced to take it.

nasap
The little nut in your head is called brain. Use it!
  • #28,482
  • Mar 24, 2015 7:16am Mar 24, 2015 7:16am
Quoting Robinho
Good morning everyone. I do not know if I can get my goal, I've said in the post 27364, but this system is very quiet playing. Arriving in 10k making 1% or 2% per day will be happy like paint in the trash. have to leave, I do not know if I can operate in NY. Today 8.84% {image}
Using rule of 70, which I posted about a few pages back:

70 / 8.84 = 7.919 days to double.
Call it eight days.

Start with $500
8 days to $1000
16 days to $2000
24 days to $4000
32 days to $8000
40 days to $16000

40 / 5 = 8 weeks

I wish I could understand how you are choosing and placing your trades but I'm afraid the language barrier is just too great.

Robinho, you are in Brazil, and Asmodai appears to be in Portugal, so I assume you both speak Portuguese.
Perhaps you could explain what you are doing to him and he can then explain to the rest of us.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,483
  • Mar 24, 2015 7:19am Mar 24, 2015 7:19am
Quoting diallist
{quote} Using rule of 70, which I posted about a few pages back: 70 / 8.84 = 7.919 days to double. Call it eight days. Start with $500 8 days to $1000 16 days to $2000 24 days to $4000 32 days to $8000 40 days to $16000 40 / 5 = 8 weeks I wish I could understand how you are choosing and placing your trades but I'm afraid the language barrier is just too great. Robinho, you are in Brazil, and Asmodai appears to be in Portugal, so I assume you both speak Portuguese. Perhaps you could explain what you are doing to him and he can then explain to the...
If the opportunity is arrises, i have no problem talking to Robinho and then translate it to english.... my english if far from perfect, but its ok.

Asmodai
  • #28,484
  • Mar 24, 2015 7:19am Mar 24, 2015 7:19am
Quoting Chake
{quote} Hello nasap, thanks for showing, i've got two questions. 1. is the range filter part of the entry decision making? 2. why enter at the top of the candle and not first 00/05 line after entry signal. Do you trail a limit order once you have an entry signal?
1. No, it is not! It's still in the chart for confirmation that everything works fine and I do not have to correct any of my statements / posts. This filter was developed for offline charts and I use it in my basket system.

2. I forgot to mention that it was automated trading again! For manual trading you should have entered on prior level.

3. I or the system doesn't use limit orders (buy / sell stop instead) and never trail or use BE!

nasap
The little nut in your head is called brain. Use it!
  • #28,485
  • Mar 24, 2015 7:20am Mar 24, 2015 7:20am
Quoting diallist
{quote} Using rule of 70, which I posted about a few pages back: 70 / 8.84 = 7.919 days to double. Call it eight days. Start with $500 8 days to $1000 16 days to $2000 24 days to $4000 32 days to $8000 40 days to $16000 40 / 5 = 8 weeks I wish I could understand how you are choosing and placing your trades but I'm afraid the language barrier is just too great. Robinho, you are in Brazil, and Asmodai appears to be in Portugal, so I assume you both speak Portuguese. Perhaps you could explain what you are doing to him and he can then explain to the...
Im also interested on knowing that. Im from brazil and can help in the translations if needed
  • #28,486
  • Mar 24, 2015 7:20am Mar 24, 2015 7:20am
Quoting diallist
I wish I could understand how you are choosing and placing your trades but I'm afraid the language barrier is just too great.
Unfortunately yes I have to agree with you Dial, I struggle just to understand what is being said, let alone the technical reasons for the trades...
Life is like a snickers, its full of nuts!
  • #28,487
  • Mar 24, 2015 7:27am Mar 24, 2015 7:27am
Quoting nasap
{quote} and never trail or use BE! nasap
Isn't that much higher risk?
Life is like a snickers, its full of nuts!
  • #28,488
  • Edited 7:56am Mar 24, 2015 7:31am | Edited 7:56am
Quoting Qed
D. it was purely enter after color change in trend ....I had discussed continuation patterns with another trader , but trading the next level after cl{image}or change just dint gell before 10pts here {image}
Thanks Qed. Did you miss my post yesterday where I asked Udine specifically whether the pending order was to be placed past the body or the wick of the retrace candle?

It is the first 00/50 level past the body and is triggered during the continuation candle before it closes.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,489
  • Mar 24, 2015 7:48am Mar 24, 2015 7:48am
Quoting Asmodai
{quote} If the opportunity is arrises, i have no problem talking to Robinho and then translate it to english.... my english if far from perfect, but its ok. Asmodai
That is very kind of you. It was rude of me to post that before asking you first. Sorry.

Perhaps you and Robinho could speak via Skype and some type Live screen sharing software.

Thanks
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,490
  • Mar 24, 2015 7:55am Mar 24, 2015 7:55am
Quoting mokuro89
{quote} Im also interested on knowing that. Im from brazil and can help in the translations if needed
Thank you mokuro for your kind offer!
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,491
  • Mar 24, 2015 8:02am Mar 24, 2015 8:02am
Quoting diallist
{quote} That is very kind of you. It was rude of me to post that before asking you first. Sorry. Perhaps you and Robinho could speak via Skype and some type Live screen sharing software. Thanks
No problem diallist.

We'll see what we can do.

But if you see Robinhos posts, he already says alot.

He trades alot of pairs and uses a forex strenght meter to chose very strong or very weak currencies and trade those.

Of course there are some details missing, but i assume he uses Udine's entries, but with 20 SL and 5 TP.

Asmodai
  • #28,492
  • Mar 24, 2015 8:12am Mar 24, 2015 8:12am
Quoting firewight
{quote} Unfortunately yes I have to agree with you Dial, I struggle just to understand what is being said, let alone the technical reasons for the trades...
I am a typical stupid American, speaking only English. To show just how stupid I am, I lived in France when I was 10 and in Panama (Canal Zone) when I was 17 and learned neither French nor Spanish.

But, on the bright side, I can understand you Ozzies!
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,493
  • Mar 24, 2015 8:13am Mar 24, 2015 8:13am
Quoting firewight
{quote} Isn't that much higher risk?
It's allways the same question and imho nobody can give a clear statement. For me it is a no go because from the past there were to many BEs and to many TSs which after all went to TP.

nasap
The little nut in your head is called brain. Use it!
  • #28,494
  • Mar 24, 2015 8:44am Mar 24, 2015 8:44am
Three basic trades for me so far today. Trading EU / EJ / GU / GJ.

GU - TS (sorry, broke rule 3 in Frankfurt open here)
GU - TP
GU - TP

Finished for the day +10.5 pips, unless there is some bonus trades in NY session.


https://charts.mql5.com/7/353/gbpusd...rime-pty-2.png
  • #28,495
  • Mar 24, 2015 9:12am Mar 24, 2015 9:12am
Nasap what is your sl and tp? Thanks for your charts and explanations
  • #28,496
  • Mar 24, 2015 10:09am Mar 24, 2015 10:09am
Good afternoon ...

I wish to thank you once again to our friend UDINE master the patience and dedicação.Pois another person would be quiet and not pass anything to anyone.

Many friends posting on box and asking questions. I play the system Udine, the difference is that I put a stop 20 and Tp 05 ... the basic difference is this.

I'm working only with pairs of couples, enjoyed nasap idea.

EURUSD, EURJPY / GBPUSD, GBPJPY / AUDUSD, AUDJPY / NZDUSD, NZDJPY / USDCHF, CHFJPY / USDCAD, CADJPY

See all Udine rules and enter the couple is the best force conditions.

My SETUP is in (image 01).
Anything different.

BUT CAUTION: Excusing the UDINE and all I would let those in a power panel (image 02) that has helped me a lot. The panel has peer group, as I am using only 12 pairs, I'm just with the Group's USD and the JPY group.

I'll leave the (image 03) using the power panel.

I'll leave the indicators of all groups, for those who work with all pairs.
Hope that helps everyone, the Base is to follow the rules UDINE and nothing else.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Imagem 01.png Size: 264 KB
Click to Enlarge Name: Imagem 02.png Size: 138 KB
Click to Enlarge Name: imagem 03.png Size: 236 KB
Attached File(s)
File Type: ex4 KG TREND_ MTF_MULTIPAIRS AUD.ex4   75 KB | 473 downloads
File Type: ex4 KG TREND_ MTF_MULTIPAIRS CAD.ex4   75 KB | 448 downloads
File Type: ex4 KG TREND_ MTF_MULTIPAIRS CHF.ex4   76 KB | 446 downloads
File Type: ex4 KG TREND_ MTF_MULTIPAIRS EUR.ex4   76 KB | 480 downloads
File Type: ex4 KG TREND_ MTF_MULTIPAIRS GBP.ex4   76 KB | 460 downloads
File Type: ex4 KG TREND_ MTF_MULTIPAIRS JPY.ex4   75 KB | 476 downloads
File Type: ex4 KG TREND_ MTF_MULTIPAIRS NZD.ex4   76 KB | 480 downloads
  • #28,497
  • Edited 10:25am Mar 24, 2015 10:10am | Edited 10:25am
HI Asmodai and all,
I used the same forexprofitmeter than Robinho and I used in the same way, the only difference is I used aften the level entry 4 from Udine ..the breakout ... until now for this morning I have 16.17% of return but I traded differently from Udine ( sorry Iceman...), I took 1 trade and when I have a gain... I manage it ( chabge tp AND sl) some time I add a second trade and I manage also... protect the gain .

I also habe a script named @close all@ in case react again me or I closed partienly my positions...

In summary, with the philosophy Udine... I Watch very careful My goal of the gain ( 2%) and if I have more time...I continue to manage very closely....


I think everyone I have to have to learn this KISS system and adapy with your personnal restrictions and no need to greed...

It is why I don't put to more charts because it is different from Udine and I don't mix togother....

for trade this kiss system what you need is practice or PDF ùand BCC....



if you took some mistakes is not important... the important is how you save your account and work to retablish your account....
after that, i think , you will be better trader....

your succes is in your mind and here you learn how to use some concepts...


Have a nice day at all very happy for Robinho ( near 10K...)

DON'T FORGET THE RULE 0F 70..

Liberty55
  • #28,498
  • Mar 24, 2015 10:13am Mar 24, 2015 10:13am
Quoting Robinho
Good afternoon ... I wish to thank you once again to our friend UDINE master the patience and dedicao.Pois another person would be quiet and not pass anything to anyone. Many friends posting on box and asking questions. I play the system Udine, the difference is that I put a stop 20 and Tp 05 ... the basic difference is this. I'm working only with pairs of couples, enjoyed nasap idea. EURUSD, EURJPY / GBPUSD, GBPJPY / AUDUSD, AUDJPY / NZDUSD, NZDJPY / USDCHF, CHFJPY / USDCAD, CADJPY See all Udine rules and enter the couple is the best force conditions....
CONTINUED post 28498

KG index MTF V1.0 (image 04)
250
50

Highest Lowest (image 05)

300
500
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Imagem 04.png Size: 223 KB
Click to Enlarge Name: Imagem 05.png Size: 281 KB
Attached File(s)
File Type: ex4 KG TREND_ MTF_MULTIPAIRS USD.ex4   75 KB | 547 downloads
File Type: ex4 KG INDEX MTF V1.0.ex4   49 KB | 546 downloads
File Type: ex4 Highest_Lowest_Index V1.0.ex4   29 KB | 537 downloads
  • #28,499
  • Mar 24, 2015 3:01pm Mar 24, 2015 3:01pm
Quoting nasap
Most profitable pairs to trade: {image}
nasap
Hi Nasap, are theese pairs still the best? Do you have any updated stats of the pairs performance?
Attached Image
  • #28,500
  • Mar 24, 2015 3:34pm Mar 24, 2015 3:34pm
Quoting Robinho
{quote} CONTINUED post 28498 KG index MTF V1.0 (image 04) 250 50 Highest Lowest (image 05) 300 500 {file} {file} {file} {image} {image}
My indicators is not updating. Any sugestions?
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de tela 2015-03-24 17.32.44.png Size: 11 KB
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