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As simple as possible: 00 level trading

  • #29,601
  • Apr 14, 2015 5:48am Apr 14, 2015 5:48am
Quoting Qed
that CSM works a treat FWight...
Lol I must have missed what it was when I was on holidays, cant seem to find it!
Life is like a snickers, its full of nuts!
  • #29,602
  • Apr 14, 2015 6:01am Apr 14, 2015 6:01am
http://www.currencynewstrading.com/c...ngth-meter-dow see if this is it ... not sure
Whats That? you're trading What?
  • #29,603
  • Apr 14, 2015 6:13am Apr 14, 2015 6:13am
Hey all
Just got a SL in EU, was the entry not according to the rules or just bad luck?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 35 KB
  • #29,604
  • Apr 14, 2015 6:28am Apr 14, 2015 6:28am
Quoting demp
Hey all Just got a SL in EU, was the entry not according to the rules or just bad luck? {image}
;O)

I would wait for a candle to break above white line (daily open?)
since been tested lots of times and acted as resistance.

Vic.
ReAl MoDe: ON
  • #29,605
  • Apr 14, 2015 6:43am Apr 14, 2015 6:43am
Quoting vicentis
{quote} ;O) I would wait for a candle to break above white line (daily open?) since been tested lots of times and acted as resistance. Vic.
Okay from here on I'll consider it more of a SR level, thank you for your answer :-)
  • #29,606
  • Apr 14, 2015 6:44am Apr 14, 2015 6:44am
Quoting demp
Hey all Just got a SL in EU, was the entry not according to the rules or just bad luck? {image}
Hi, your entry was late, you should have entered the first 50/00 level, at @750, would be a winner

Also, im not taking orders when the SL is crossing the DO line, as it higher the risks, but thats up to you, not a rule
  • #29,607
  • Apr 14, 2015 6:54am Apr 14, 2015 6:54am
Quoting mokuro89
{quote} Hi, your entry was late, you should have entered the first 50/00 level, at @750, would be a winner Also, im not taking orders when the SL is crossing the DO line, as it higher the risks, but thats up to you, not a rule
Yes you're right, if I'd knew about the technical relevance of the DO line I'd stayed out, of course. But the 750 would have been a better entry, thanks for pointing that out!

I'll add a rule to my own "frontpage-rules":
#22. DO line carries technical relevance that should be considered a SR-level.
  • #29,608
  • Edited 7:22am Apr 14, 2015 7:05am | Edited 7:22am
Quoting snail69
{quote} Is there a possibility that some skillful coder amends the meter to work with pairs with suffix like "i" or "+" ? {file} {file}
Hi snail69, my currency also have sulfix "b" like EURUSDb and it does work, I dont think this is the problem, please check the Experts tab to see if is there any errors
  • #29,609
  • Apr 14, 2015 7:42am Apr 14, 2015 7:42am
Quoting birdland
{quote} did you also take the AUDJPY short? that would have been -10SL
Hi Birdland,

I had a look at the screenshot, and I did place the pending order, but it didn't trigger.
When I saw that the price was going the other way, I cancelled the order.

You can have a look at the attached screenshot.

Kind regards,

Gizmo.
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2015-04-14 om 14.26.28.png Size: 249 KB
  • #29,610
  • Apr 14, 2015 7:44am Apr 14, 2015 7:44am
Quoting LuXing
{quote} @Mokuro89* As mentioned numerous times in the thread already, the RmUp/RmDn is calculated by the xADR indicator. "T" stands for Today "Y" is Yesterday 5d, 10d, and 20d, the "d" stands for "Days" and gives ADR for those periods. Study the code for yourself to see what it does, part of the learning curve. Especially the 20d calculation is a real CPU hog with a dozen charts open, that why I have "amputated" the xADR and taken this period out. Because I am a lousy programmer, values might be a bit off, but it generally does the trick. Whilst...
Hi LuXing, on the US news of today(big lags) I could test these properly with two instances of MT4 running the same mods but the xADRm, and Im very impressed with the difference, the normal one I could not do anything (100% freeze) as I have many charts open at same time, and the custom one w/o 20D was just a bit lag(due news), but full operative

Thanks again
  • #29,611
  • Apr 14, 2015 7:58am Apr 14, 2015 7:58am
Hi guys. What is my problem? EUR/JPY M30
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 18 KB
  • #29,612
  • Apr 14, 2015 8:05am Apr 14, 2015 8:05am
AUDUSD to TP
USDCAD to TP

LuXing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 64 KB
Click to Enlarge Name: Screenshot2.png Size: 67 KB
Wisdom begins in wonder
  • #29,613
  • Apr 14, 2015 8:18am Apr 14, 2015 8:18am
After 15 minutes of news EURO was strong, and fcou 1st in force ... so I tried to just 02 pairs with EURO. Even after 30 minutes of news could enter the two pairs would win. Choose only the strongest x weaker.

EURUSD +5
EURAUD +5

operate easily ...
Attached Image (click to enlarge)
Click to Enlarge Name: Show.png Size: 292 KB
  • #29,614
  • Apr 14, 2015 8:19am Apr 14, 2015 8:19am
Quoting gizmo96
{quote} Hi Birdland, I had a look at the screenshot, and I did place the pending order, but it didn't trigger. When I saw that the price was going the other way, I cancelled the order. You can have a look at the attached screenshot. Kind regards, Gizmo. {image}
ah i see thx...interesting that your pending was at 90.35...i thought 90.50 was the signal line?
trading is like dancing, don't think and just listen to the music!
  • #29,615
  • Apr 14, 2015 8:27am Apr 14, 2015 8:27am
Quoting birdland
{quote} ah i see thx...interesting that your pending was at 90.35...i thought 90.50 was the signal line?
The previous candle closed a little under the .500 (on my chart) and due to spread, the first .50/.00 entry was the .350.
In the screenshot you can see that the open was at .495.
If the order did get triggered, I think it would have been closed by TS.

Kind regards,

Gizmo
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2015-04-14 om 15.25.35.png Size: 354 KB
  • #29,616
  • Apr 14, 2015 8:28am Apr 14, 2015 8:28am
Quoting Robinho
After 15 minutes of news EURO was strong, and fcou 1st in force ... so I tried to just 02 pairs with EURO. Even after 30 minutes of news could enter the two pairs would win. Choose only the strongest x weaker. EURUSD +5 EURAUD +5 operate easily ... {image}


But why not take EURJPY too, was much better and stronger than EURAUD? And was in sync with EURUSD!

nasap
The little nut in your head is called brain. Use it!
  • #29,617
  • Apr 14, 2015 8:31am Apr 14, 2015 8:31am
Quoting nasap
{quote} But why not take EURJPY too, was much better and stronger than EURAUD? And was in sync with EURUSD! nasap
Yes ... I am worried about the risk,,, to get in various positions at the same time, but I saw it ... thank you.
  • #29,618
  • Apr 14, 2015 8:39am Apr 14, 2015 8:39am
Quoting gizmo96
{quote} The previous candle closed a little under the .500 (on my chart) and due to spread, the first .50/.00 entry was the .350. In the screenshot you can see that the open was at .495. If the order did get triggered, I think it would have been closed by TS. Kind regards, Gizmo {image}
Friends are here to learn together, no one owns the truth. only want to help.

Look for AUD and JPY ... power panel with equal force both,,, anything can happen. the two weak currencies together ... had a lot of other entries ... do not forget, the market nothing is certain, but the probability of winning with 1x8 is much higher.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD e JPY fracos.png Size: 375 KB
  • #29,619
  • Apr 14, 2015 8:52am Apr 14, 2015 8:52am
Quoting Robinho
{quote} Friends are here to learn together, no one owns the truth. only want to help. Look for AUD and JPY ... power panel with equal force both,,, anything can happen. the two weak currencies together ... had a lot of other entries ... do not forget, the market nothing is certain, but the probability of winning with 1x8 is much higher. {image}
Hi Robinho,

Thanks for replying on my message, your input is always welcome.
But this screenshot was taken long after I placed the trade.
At the time I placed the trade JPY was still very strong (Red) and AUD was very weak (Blue).
Therefor I did place the pending order, but it never triggered.
Attached is the screenshot at the time I placed my order.

Kind regards,

Gizmo.
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2015-04-14 om 11.02.32.png Size: 252 KB
  • #29,620
  • Apr 14, 2015 9:04am Apr 14, 2015 9:04am
Quoting gizmo96
{quote} Hi Robinho, Thanks for replying on my message, your input is always welcome. But this screenshot was taken long after I placed the trade. At the time I placed the trade JPY was still very strong (Red) and AUD was very weak (Blue). Therefor I did place the pending order, but it never triggered. Attached is the screenshot at the time I placed my order. Kind regards, Gizmo. {image}
Then I noticed that the price did not beat,,,,,, but it was a fraternal embrace.
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