As simple as possible: 00 level trading | Page 1462 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

As simple as possible: RENKO M5 trading 75 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple Level Trading 1 reply

Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies

Attachments: As simple as possible: 00 level trading
Exit Attachments

As simple as possible: 00 level trading

  • #29,221
  • Apr 6, 2015 2:41am Apr 6, 2015 2:41am
Quoting firewight
1st trade of the day & new week, still in Thailand lol! GU to TP {image}
Awesome, congratulations, any plans for more trades?

At least the news won't rule any out

Attached Image (click to enlarge)
Click to Enlarge Name: 6-04-2015 5-39-38 PM.png Size: 229 KB
It takes a lot for me to IGNORE you, but you can try.
  • #29,222
  • Apr 6, 2015 3:01am Apr 6, 2015 3:01am
Dear firewight

What kind of indicator gives you the arrwos on the chart?
Do you mind to share them?
Thanks and all the best!
  • #29,223
  • Apr 6, 2015 3:08am Apr 6, 2015 3:08am
Quoting kofix11
Dear firewight What kind of indicator gives you the arrwos on the chart? Do you mind to share them? Thanks and all the best!
Sorry mate, this is my indicator I am making, and it is still in development...

That being said, it is only a combination of the AbsoluteStrengthHistogram2 & PriceToOpen indicators, the same as is the basics on this thread. The arrows only come when those 2 indicators align for the first time.

As you can see I am still also using those 2 indicators, as my one is still "buggy"
Life is like a snickers, its full of nuts!
  • #29,224
  • Apr 6, 2015 3:10am Apr 6, 2015 3:10am
Quoting Erebus
{quote} Awesome, congratulations, any plans for more trades? At least the news won't rule any out {image}
Actually it's a fairly poor day for trading being Easter Monday, higher spreads & lower liquidity, so not sure if any decent opportunities will come along today...
Life is like a snickers, its full of nuts!
  • #29,225
  • Apr 6, 2015 3:21am Apr 6, 2015 3:21am
GbpUsd to TP +5 Market was in sync with GbpJpy.
Attached Image (click to enlarge)
Click to Enlarge Name: Gbp.jpg Size: 67 KB
"Amat Victoria Curam" Victory Loves Preparation
  • #29,226
  • Apr 6, 2015 3:27am Apr 6, 2015 3:27am
Quoting firewight
1st trade of the day & new week, still in Thailand lol! GU to TP {image}
I was waiting on confirmation from GJ therefore my entry a bit later on next level @300!. But also took the GJ of course!
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.04.06_16h15m44s_001_.png Size: 87 KB

nasap
The little nut in your head is called brain. Use it!
  • #29,227
  • Apr 6, 2015 3:29am Apr 6, 2015 3:29am
Quoting daytrade5
GbpUsd to TP +5 Market was in sync with GbpJpy. {image}
Yep, but why not take GJ too?

nasap
The little nut in your head is called brain. Use it!
  • #29,228
  • Apr 6, 2015 3:35am Apr 6, 2015 3:35am
Quoting nasap
{quote} Yep, but why not take GJ too? nasap
nasap, I was too focused on the resistance overhead around the 700 level. Otherwise there was no reason not to take it.
"Amat Victoria Curam" Victory Loves Preparation
  • #29,229
  • Apr 6, 2015 3:50am Apr 6, 2015 3:50am
Quoting daytrade5
{quote} nasap, I was too focused on the resistance overhead around the 700 level. Otherwise there was no reason not to take it.
To tell you the truth, if the pairs are sync I never ever care for it.

nasap
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #29,230
  • Apr 6, 2015 3:53am Apr 6, 2015 3:53am
Quoting daytrade5
GbpUsd to TP +5 Market was in sync with GbpJpy. {image}
correct me if Im wrong , but this is not a level 1 trade because ASH did not change ...maybe im missing something?
  • #29,231
  • Apr 6, 2015 3:59am Apr 6, 2015 3:59am
Quoting mebarrac
{quote} correct me if Im wrong , but this is not a level 1 trade because ASH did not change ...maybe im missing something?
mebarrac, all I was focused on was the market breaking prior resistance as well as the prior 1 hour bar and more important for me, in sync with the gbpjpy.
"Amat Victoria Curam" Victory Loves Preparation
  • #29,232
  • Apr 6, 2015 4:02am Apr 6, 2015 4:02am
Quoting daytrade5
{quote} mebarrac, all I was focused on was the market breaking prior resistance as well as the prior 1 hour bar and more important for me, in sync with the gbpjpy.
thought so! ...thank you for the clarification
  • #29,233
  • Apr 6, 2015 4:04am Apr 6, 2015 4:04am
Quoting JibalaPasan
{quote} To tell you the truth, if the pairs are sync I never ever care for it. nasap
First laugh of the day

Why did you sign off with "nasap" ? Did you mismatch between your both accounts ?
  • #29,234
  • Apr 6, 2015 4:05am Apr 6, 2015 4:05am
Quoting totowah
{quote} First laugh of the day Why did you sign off with "nasap" ? Did you mismatch between your both accounts ?
Because I was on her laptop and used her account to answer.

nasap
The little nut in your head is called brain. Use it!
  • #29,235
  • Apr 6, 2015 4:23am Apr 6, 2015 4:23am
Hi.
Can someone confirm correct Daily Pivot on EJ and GU?
I have the autopivot indicator showing 1.48239 on GU and 129.781 on EJ.
  • #29,236
  • Apr 6, 2015 4:25am Apr 6, 2015 4:25am
Quoting LFN
Hi. Can someone confirm correct Daily Pivot on EJ and GU? I have the autopivot indicator showing 1.48239 on GU and 129.781 on EJ.
GU 1.48241 and EJ 129.784 on my ###Auto Pivot 2, the same I think
  • #29,237
  • Apr 6, 2015 4:33am Apr 6, 2015 4:33am
Quoting mebarrac
{quote} Thanks Jibala , for me the confusing part is the entry which is most important in the system when shooting for small pips. Are we looking for 1 close bar (30 minutes) of matching 3 layered colors on the two pairs selected?or more previous bars of matching colors(strength), I guess the more bars the stronger. I think I understand the basics of what you and Nasap are trying to teach here! Thanks again for sharing
The best setup if you have prior candle sync already but this will not always happen. See my last post with GU & GJ. If I wait until GJ has a confirmed sync candle PA has gone and I will not enter anymore. Dont think too much (complicated)!

I think I gave some good additional infos incl. screens and now its up to you to go thru trial and error to find your style. It seems daytrade5 is trading successful that way already. But price action and sync pairs is not a holy grail, it only makes it a bit easier (imho).

nasap
The little nut in your head is called brain. Use it!
  • #29,238
  • Apr 6, 2015 4:52am Apr 6, 2015 4:52am
Quoting nasap
{quote} The best setup if you have prior candle sync already but this will not always happen. See my last post with GU & GJ. If I wait until GJ has a confirmed sync candle PA has gone and I will not enter anymore. Dont think too much (complicated)! I think I gave some good additional infos incl. screens and now its up to you to go thru trial and error to find your style. It seems daytrade5 is trading successful that way already. But price action and sync pairs is not a holy grail, it only makes it a bit easier (imho). nasap
This is great insight!...got plenty now to work on and I think you have given plenty of information.Thank you again!
  • #29,239
  • Apr 6, 2015 5:51am Apr 6, 2015 5:51am
I know it's a stupid question, but i need to ask because i'm not sure.

The TrendIndicator's Starting hour. Should it be set to Frankfurt open?
(e.g if my broker shows 8am at Frankfurt open, then i set it to 8)
Blindly following others will make you blind!
  • #29,240
  • Apr 6, 2015 9:17am Apr 6, 2015 9:17am
GBPJPY +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB


Masterrmind.........
Master your Mind then Master your Trades
7 traders viewing now