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As simple as possible: 00 level trading

  • #28,581
  • Mar 25, 2015 2:52am Mar 25, 2015 2:52am
Quoting Robinho
When market peers are not in sync, this happens: {image}
While some other more experienced traders took their profits already, we are practicing a lot of "P", show much "D" and finally focus again.

nasap
The little nut in your head is called brain. Use it!
  • #28,582
  • Mar 25, 2015 2:55am Mar 25, 2015 2:55am
Quoting rapidedward
{quote} Hi Party, I could be wrong..in fact I'm wrong regularly...but anyway try this.. {image} Rapid
By the time the ASH changed the EUR news were too close
  • #28,583
  • Mar 25, 2015 2:57am Mar 25, 2015 2:57am
Yelena,

I will only say this about it...

the leverage will not be adjusted by your accountsize. It could be adjusted based on your riskprofile and normally is reviewed by a risk management team, unless you decide to reduce it yourself before.

and with an account size of 50K it is NOT reduced to 1:1, I can tell you that 110% for sure

Udine
Sleep less, live fast, as it aint gonna last
  • #28,584
  • Mar 25, 2015 2:58am Mar 25, 2015 2:58am
Quoting sisoco
Hi Undine and everyone) this is corret trade? Thank's {image} {image}

If you read one of my earlier postst you will know the answer..

btw your market open lines are wrong..

Udine
Sleep less, live fast, as it aint gonna last
  • #28,585
  • Mar 25, 2015 2:59am Mar 25, 2015 2:59am
Quoting Vikingi
Just had my 3rd SL today. Unlucky day {image}

What the hell????

M1 charts... are you nuts ????

Udine
Sleep less, live fast, as it aint gonna last
  • #28,586
  • Mar 25, 2015 3:00am Mar 25, 2015 3:00am
Quoting PartySheeper
{quote} Dear Udine, I can't find a valid level 1 long EU trade this morning... Anyone?

PDF & BCC

Udine
Sleep less, live fast, as it aint gonna last
  • #28,587
  • Mar 25, 2015 3:01am Mar 25, 2015 3:01am
Quoting msdogan
Pls someone can tell me that levels ? I knew that i trade just .10 .20 .30 .40 ......90 . But what is that 4 level ? for example 149.00 149.25 149.50 149.75 you mean that 4 levels ?

print the image and study !!

And dont ask what image, as that would mean you have not read the last few days !!!

Udine
Sleep less, live fast, as it aint gonna last
  • #28,588
  • Mar 25, 2015 3:03am Mar 25, 2015 3:03am
Quoting Vlad13685
{quote} Both hit SL... -4% today Any advice? Thanks, Vlad

higher level entries is higher risk..

why do you think I only trade level 1 entries ??

Udine
Sleep less, live fast, as it aint gonna last
  • #28,589
  • Mar 25, 2015 3:03am Mar 25, 2015 3:03am
Quoting Udine
{quote} higher level entries is higher risk.. why do you think I only trade level 1 entries ?? Udine
True that I'm going back to basics!

Vlad
  • #28,590
  • Mar 25, 2015 3:12am Mar 25, 2015 3:12am
Quoting nasap
{quote} While some other more experienced traders took their profits already, we are practicing a lot of "P", show much "D" and finally focus again. nasap
Hi nasap

if you can upload your Template and indi, not the WSD,I know that is your secret weapon.

I just want to know your setting.

thx a lot for your share and post.

Best Wish.
  • #28,591
  • Mar 25, 2015 3:25am Mar 25, 2015 3:25am
Quoting rapidedward
{quote} Thanks for your assessment.... Obviously I can't speak for others here but for me it's the 'F' word..... FEAR The Risk Reward scenario scares me. For the years I've mucked around with FX I've constantly heard NEVER risk more than 1:1, NEVER! This mantra is everywhere. In the last six months I'm taking trading seriously and have explored many avenues only to find more and more complexity. I was attracted to your thread because of the simplicity but must plead guilty to trying to add stuff...not out of greed or impatience, just looking for...
Study all the conventional wisdom, and then do NOT do that...is in fact true for this trading approach

birdland
trading is like dancing, don't think and just listen to the music!
  • #28,592
  • Mar 25, 2015 3:36am Mar 25, 2015 3:36am
Level 2 GU to TP.
-11.8 pip, -3.12% today. 2 TP, 2 SL.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_03_25_Daily_WUKAR_02.JPG Size: 132 KB
  • #28,593
  • Mar 25, 2015 3:39am Mar 25, 2015 3:39am
just took EU long.
Seems promising

Anyone else took this trade?

BTW, Strange thing happened. The TS was triggered and it still ended up losint 0.5 points. Strange isn't it
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 90 KB
  • #28,594
  • Mar 25, 2015 3:58am Mar 25, 2015 3:58am
how to execute the trade faster? I only have enough time to put one trade at one time?
Anyone can teach me?
Trade With PDF & Wisdom
  • #28,595
  • Mar 25, 2015 4:01am Mar 25, 2015 4:01am
Quoting MosesNMY
how to execute the trade faster? I only have enough time to put one trade at one time? Anyone can teach me?
Right Click, and set pending order
  • #28,596
  • Mar 25, 2015 4:06am Mar 25, 2015 4:06am
Quoting MosesNMY
how to execute the trade faster? I only have enough time to put one trade at one time? Anyone can teach me?
Look at post 22503.
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,597
  • Mar 25, 2015 4:11am Mar 25, 2015 4:11am
Quoting diallist
{quote} Look at post 22503.
wow nice, going to try this scripts!
Thanks for this dialist
  • #28,598
  • Mar 25, 2015 4:16am Mar 25, 2015 4:16am
Trade #3 o/t day: NZDUSD out by TS.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 88 KB
Wisdom begins in wonder
  • #28,599
  • Mar 25, 2015 4:18am Mar 25, 2015 4:18am
Quoting Udine
Yelena, I will only say this about it... the leverage will not be adjusted by your accountsize. It could be adjusted based on your riskprofile and normally is reviewed by a risk management team, unless you decide to reduce it yourself before. and with an account size of 50K it is NOT reduced to 1:1, I can tell you that 110% for sure Udine
yes, i second this. i had way more than 50k in my account but still leverage remain unchanged
  • #28,600
  • Mar 25, 2015 4:24am Mar 25, 2015 4:24am
Quoting Udine
ok just to be clear here.. how many trades would have been this morning since Frankfurt open: this does not mean I did take all these, but just to give you an idea EURUSD: 1. level 1 short signal : not taken entry @ 050 = a no go 2. level 4 long signal: tp 3. level 1 long signal: tp EURJPY: 1. level 1 short signal: not triggered 2. level 1 long signal: not taken: Daily pivot between entry & tp 3. level 4 long signal: tp GBPUSD: 1. level 1 long signal: tp 2. level 3 long signal: tp 3. level 4 long signal: no triggered GBPJPY: 1. level 2 long signal:...
Hi Udine,
I'm a little bit lost with all the changes along this thread, is it possible to define precisely all levels rules and stick them to post #1 , with all indicators and charts in order to explain once and for all different entries level 1,2,3,4 ? I can give an help creating a little word document but i have to be sure about all rules which actually are all scattered along the thread...

Ty
Cheers,
Skyline
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