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As simple as possible: 00 level trading

  • #29,181
  • Apr 2, 2015 5:17pm Apr 2, 2015 5:17pm
change to summer time +1h
  • #29,182
  • Apr 2, 2015 6:45pm Apr 2, 2015 6:45pm
Fantastic thread and trading method, but there has to be a Trade Manager EA that is good enough to trail some of these trades for more than just the target

I guess that what 4 days long Easter weekend will give me time to research

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MAY THE TREND BE WITH YOU
  • #29,183
  • Apr 3, 2015 12:26am Apr 3, 2015 12:26am
Quoting mokuro89
{quote} Hi Multimillion, you need to ajust your indicators, this week had a +1hour change not sure why, you may need to ajust PriceToOpen, DailyOpen, Markethours indicators, i had to update mine
Hi,
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Does ForexFactory calendar shows not really LO opening?

Stay Positive! Multimillion
"All will be correctly, in this world is built" - The Master and Margarita
  • #29,184
  • Apr 3, 2015 12:44am Apr 3, 2015 12:44am
Hi Robinho!

Have not hear from you for a long time, hope all going well or any continuous loses trading your stile? Share your last weeks results please. I personally keep my ayes on 8 pair and USD JPY synk but last weeks not really successful if combining with ash change.. What is your viewing?

Thanks,

Stay positive! Multimillion

PS Trading as it should not look like)
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"All will be correctly, in this world is built" - The Master and Margarita
  • #29,185
  • Apr 3, 2015 3:39am Apr 3, 2015 3:39am
Hello, Can somebody post the updated rules, indicators and the template for this, I have gone through several pages initially but it seems most of it has got changed. Also it would be helpful for newbies joining. Thanks in advance for the help.
  • #29,186
  • Apr 3, 2015 3:45am Apr 3, 2015 3:45am
Also, what do we mean by Daily open? Does it mean the one which shows in the normal metatrader4 or the broker platform one?
  • #29,187
  • Apr 3, 2015 4:05am Apr 3, 2015 4:05am
Quoting jeffross
Hello, Can somebody post the updated rules, indicators and the template for this, I have gone through several pages initially but it seems most of it has got changed. Also it would be helpful for newbies joining. Thanks in advance for the help.

maybe start at page 1, post 1..

there is even mentioned a post with the latest template, but hey who am I to ask at least to check the first post before asking anything..

Udine
Sleep less, live fast, as it aint gonna last
  • #29,188
  • Apr 3, 2015 4:24am Apr 3, 2015 4:24am
Quoting jeffross
Also, what do we mean by Daily open? Does it mean the one which shows in the normal metatrader4 or the broker platform one?
Hi,
DO in your metatrader is = DO your broker time. It is different from broker to broker but as master Udine says you still can wok with it an earn money. It is really does not matter when price already gone fare from DO line and you just see if you are on the short or long side. But I personally adjusted my DO line indi & also Price to open indi to be synchronized with Udine's time settings to easy compare his trades with mine. You can do it with help of modified by Mr TD PriceToOpen indi and time shift in DO line indi.
http://www.forexfactory.com/showthre...10#post8170710
http://www.forexfactory.com/showthre...89#post8173089

Regarding rules - you need to read and find all of them from the beginning, starting from very first H1 entry and all important links posted by Mr Udine.

Stay positive, Multimillion
"All will be correctly, in this world is built" - The Master and Margarita
  • #29,189
  • Apr 3, 2015 5:24am Apr 3, 2015 5:24am
Keep on mind that "pairs must be sync" is not the holy grail and it will not work always and not for all of you (for some reason) but it is a great help to mostly prevent you from entering on false signals! (just a reminder!).
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Happy holidays!

nasap
The little nut in your head is called brain. Use it!
  • #29,190
  • Apr 3, 2015 5:38am Apr 3, 2015 5:38am
Very nice job Nasap. Market really seemed slow so I deceided to take a coffee/cigar break (breakfast of champions). Did take this GBP trade earlier for +5
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"Amat Victoria Curam" Victory Loves Preparation
  • #29,191
  • Apr 3, 2015 6:08am Apr 3, 2015 6:08am
Quoting nasap
Keep on mind that "pairs must be sync" is not the holy grail and it will not work always and not for all of you (for some reason) but it is a great help to mostly prevent you from entering on false signals! (just a reminder!). {image} {image} Happy holidays! nasap

Hey Nasap,

Happy holidays to you as well

What do you mean by price has to be in sync?
1. D1, H4, H1 and M15 has to all green/red?
2. Are you looking at you indicator - RangeFilter?
3. If price is above the fat white line go long only or short only if price is below?

Thanks!
Blindly following others will make you blind!
  • #29,192
  • Apr 3, 2015 6:11am Apr 3, 2015 6:11am
Quoting Georgebaker
{quote} Hey Nasap, Happy holidays to you as well What do you mean by price has to be in sync? 1. D1, H4, H1 and M15 has to all green/red? 2. Are you looking at you indicator - RangeFilter? 3. If price is above the fat white line go long only or short only if price is below? Thanks!
Kindly read my #Post 28236.

Regards nasap
The little nut in your head is called brain. Use it!
  • #29,193
  • Edited 6:38am Apr 3, 2015 6:26am | Edited 6:38am
Quoting nasap
Keep on mind that "pairs must be sync" is not the holy grail and it will not work always and not for all of you (for some reason) but it is a great help to mostly prevent you from entering on false signals! (just a reminder!). {image} {image} Happy holidays! nasap

thank you. What objective criteria can be used to determine if pairs are "in sync" beyond the pairs of Udine. Do you use correlations? If so how? I've tried to scour the internet to learn this concept and coming up empty. Please if anyone can help. I wish to understand it conceptually.

in the above mentioned post is written

"Further you need always two pairs like EU & EJ, GU & GJ, AU & AJ and NU & NJ. Simply start with EUR and GBP and add more if you are familiar already."

"The JPY was very weak and the signal was executed. It took long time to TP because the counter party was not sync!"
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http://www.forexfactory.com/attachme...1&d=1426861802

"After it changed, it straight went to TP!"
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What are the counterparts? can someone please elaborate.

Peaceful, Joyous, Lovey Holidays to all.
  • #29,194
  • Apr 3, 2015 6:30am Apr 3, 2015 6:30am
Quoting nasap
{quote} Kindly read my #Post 28236. Regards nasap
Thanks you nasap
Blindly following others will make you blind!
  • #29,195
  • Apr 3, 2015 6:37am Apr 3, 2015 6:37am
Quoting dagoods
{quote} thank you. What objective criteria can be used to determine if pairs are "in sync" beyond the pairs of Udine. Do you use correlations? If so how? I've tried to scour the internet to learn this concept and coming up empty. Please if anyone can help. I wish to understand it conceptually. in the above mentioned post is written "Further you need always two pairs like EU & EJ, GU & GJ, AU & AJ and NU & NJ. Simply start with EUR and GBP and add more if you are familiar already." can someone please elaborate. Peaceful, Joyous, Lovey Holidays to...
I'm almost sure that you'll find an answer!
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nasap
The little nut in your head is called brain. Use it!
  • #29,196
  • Apr 3, 2015 6:53am Apr 3, 2015 6:53am
I did it again!
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nasap
The little nut in your head is called brain. Use it!
  • #29,197
  • Apr 3, 2015 8:52am Apr 3, 2015 8:52am
Quoting nasap
I did it again! {image} nasap
Hi Nasap : Thank you for continuing to share your trades here. It is great to see that there is a strong correlation between your propriatory Robot system and the tools you have provided us here to pick similar trades!......Strong/Weak currency pair -> find correlated pairs -Synching strongly (with the color indicators)...KISS in its simplest formA question though? ...Are we looking for atleast 1 hr of strong synching (2 bars like you show) with the two basket pairs before entering near a level per Udine's rules? -it seems like you always highlight two in your examples....so I'm guessing that is a clue for us maybe?Please keep posting so I can correlate my results using the tools you kindly provided here to your results...which BTW are outstanding.!Thank you and Happy Easter-----Peeps- post 28236 if you don't follow , and also study Nasaps previous posts , plenty of hidden gems provided for us already...
  • #29,198
  • Apr 3, 2015 10:00am Apr 3, 2015 10:00am
Quoting Erebus
Fantastic thread and trading method, but there has to be a Trade Manager EA that is good enough to trail some of these trades for more than just the target I guess that what 4 days long Easter weekend will give me time to research {image}
One of my trade managers had some options for longer trades. I'll see if I can find it. One of the best methods is the 2 bar trailing. Whenever price makes a new high, move your stop under the the lowest of the new bar or the prior bar. Of course that means you don't move your stop for at least 2 bars after entering so you will have losses but a huge run like this one should make up for that. But that's not strictly FIFO.
  • #29,199
  • Apr 3, 2015 10:27am Apr 3, 2015 10:27am
Quoting nasap
I did it again! {image} nasap
Congratulations on your two winners

But you didn't follow the rules about waiting for momentum for that candle or did you?

You just wait for the everything to be green right?
Blindly following others will make you blind!
  • #29,200
  • Apr 3, 2015 10:55am Apr 3, 2015 10:55am
Quoting ericjschroed
{quote} One of my trade managers had some options for longer trades. I'll see if I can find it. One of the best methods is the 2 bar trailing. Whenever price makes a new high, move your stop under the the lowest of the new bar or the prior bar. Of course that means you don't move your stop for at least 2 bars after entering so you will have losses but a huge run like this one should make up for that. But that's not strictly FIFO.
You can use the WUKAR_WB_Trail_v2.1.1e and set it to trail with the ATR.
It gave me some nice results in the past.

Kind regards,

Gizmo
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