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As simple as possible: 00 level trading

  • #30,041
  • Apr 20, 2015 9:56pm Apr 20, 2015 9:56pm
Quoting nasap
{quote} Don't give up mate because of one rotten fruit in your basket! Too many people count on you in this thread. Keep on posting and make more use of ignore button! nasap
Are you seriously calling me "rotten fruit"?
Life is like a snickers, its full of nuts!
  • #30,042
  • Apr 20, 2015 10:07pm Apr 20, 2015 10:07pm
robinho use only the ignore button
  • #30,043
  • Apr 20, 2015 10:08pm Apr 20, 2015 10:08pm
Quoting firewight
{quote} Are you seriously calling me "rotten fruit"?
Let's keep this a positive thread guys I think sometimes people can misconstrue how things are said which can lead to people getting on the defense.
Nasap, Cycle, Robinho (and others) - we all value your input, including firewight.

Happy (green) days
  • #30,044
  • Apr 20, 2015 10:08pm Apr 20, 2015 10:08pm
Quoting firewight
{quote} Are you seriously calling me "rotten fruit"?
I didn't name you with a single letter but If the shoe fits, wear it!

nasap
The little nut in your head is called brain. Use it!
  • #30,045
  • Apr 20, 2015 10:12pm Apr 20, 2015 10:12pm
Quoting Kozij
{quote} Let's keep this a positive thread guys I think sometimes people can misconstrue how things are said which can lead to people getting on the defense. Nasap, Cycle, Robinho (and others) - we all value your input, including firewight. Happy (green) days
This space should be only Peace and generosity, but there are times when the lack patience ... sorry all,,,
is better we close the chat
  • #30,046
  • Apr 20, 2015 10:24pm Apr 20, 2015 10:24pm
P &.......PDF
Whats That? you're trading What?
  • #30,047
  • Apr 20, 2015 10:36pm Apr 20, 2015 10:36pm
Quoting cycle
AJ to TP {image} {image}
@Cycle you seem to watch so many charts mate, are you waiting for the CSM to tell you where to look, or do you have them open & ready to go in advance?
Life is like a snickers, its full of nuts!
  • #30,048
  • Apr 20, 2015 10:41pm Apr 20, 2015 10:41pm
Quoting orangutangas
{quote} Nasap, Robinho, Guys are you trading just before Frankfurt Open? Today 30Mins till Frankfurt Open there were strong signals which all went to SL.... {image}

When you read carefully posts of Nasap trades Asia but stops trading 2 hours before Frankurt open, and continues at London open.

Udine
Sleep less, live fast, as it aint gonna last
  • #30,049
  • Apr 20, 2015 10:42pm Apr 20, 2015 10:42pm
Quoting LFN
{quote} I took those trades on demo. All of them went to stoploss. All were by Udines rules (except it was before Frankfurt open) and then the strength was around 7 against 2 on all. CADCHF - buy - stoploss NZDCHF - buy - stoploss EURNZD - sell - stoploss EURJPY - sell - stoploss CHFJPY - sell - stoploss CHFJPY - sell - stoploss NZDUSD - buy - stoploss Maybe it was to early to start just before Frankfurt open?

Want to be more sure???

Start at London open, have mentioned it too many times already !!!

udine
Sleep less, live fast, as it aint gonna last
  • #30,050
  • Apr 20, 2015 10:44pm Apr 20, 2015 10:44pm
Quoting kofix11
@ Robinho You'r the only one which has the indicator "Market Panel Display Conroller" on the right side of the chart. How can I do this too?

Open the indicator in the editor and adjust the corner from 0 to 1.

starts in rule 220

Udine
Sleep less, live fast, as it aint gonna last
  • #30,051
  • Apr 20, 2015 11:08pm Apr 20, 2015 11:08pm
Quoting firewight
{quote} @Cycle you seem to watch so many charts mate, are you waiting for the CSM to tell you where to look, or do you have them open & ready to go in advance?
There are few fundamental aspects of using CSM as per my experience:

1. Setup as per Udine method is the primary reason to take a trade.

2. CSM is additional and secondary confirmatory help.

3. CSM shows what happened in past. I cannot trade based on CSM alone.

Further, only rising/falling values in CSM confirming Udine setup should be used as help.

4. CSM has to be real time tick based. I wonder how a daily/hourly CSM can help( Dashboard Trading thread).
Someone mentioned back-testing CSM. That is just impossible for there are no ask/bid prices in even M5 candles.
Nasap just shown the light, i followed (never ever sent a pm to her) And in that i've learnt much.

5. I've profiles in MT4 based on each currency. For example, if i've a setup on EJ as per Udine and CSM confirms both currencies Eur (all green) and Jpy(all red)
i open EUR and JYP profiles. And take trades on those currencies (when markets are ranging i also give a look at sentiment indicator(excel)- buyer/ seller % should be >80) which are as per the correlation table. It takes time and therefore i miss few trades.

And its all fun.
  • #30,052
  • Apr 20, 2015 11:17pm Apr 20, 2015 11:17pm
Quoting cycle
{quote} There are few fundamental aspects of using CSM as per my experience: 1. Setup as per Udine method is the primary reason to take a trade. 2. CSM is additional and secondary confirmatory help. 3. CSM shows what happened in past. I cannot trade based on CSM alone. Further, only rising/falling values in CSM confirming Udine setup should be used as help. 4. CSM has to be real time tick based. I wonder how a daily/hourly CSM can help( Dashboard Trading thread). Someone mentioned back-testing CSM. That is just impossible for there are no ask/bid...
Great information mate, thank you for taking the time to explain how you're trading with the CSM!
Life is like a snickers, its full of nuts!
  • #30,053
  • Apr 20, 2015 11:21pm Apr 20, 2015 11:21pm
Quoting cycle
{quote} There are few fundamental aspects of using CSM as per my experience: 1. Setup as per Udine method is the primary reason to take a trade. 2. CSM is additional and secondary confirmatory help. 3. CSM shows what happened in past. I cannot trade based on CSM alone. Further, only rising/falling values in CSM confirming Udine setup should be used as help. 4. CSM has to be real time tick based. I wonder how a daily/hourly CSM can help( Dashboard Trading thread). Someone mentioned back-testing CSM. That is just impossible for there are no ask/bid...
Thanks Cycle for a great explanation
  • #30,054
  • Apr 20, 2015 11:26pm Apr 20, 2015 11:26pm
Quoting cycle
{quote}And its all fun.
Very good statement cycle!

Btw its more fun in the Philippines.

nasap
The little nut in your head is called brain. Use it!
  • #30,055
  • Apr 20, 2015 11:40pm Apr 20, 2015 11:40pm
Cycle never thought of having seperate profiles ,very good idea imo ..Q
Whats That? you're trading What?
  • #30,056
  • Apr 20, 2015 11:45pm Apr 20, 2015 11:45pm
Quoting Qed
Cycle never thought of having seperate profiles ,very good idea imo ..Q
I have separate profiles for Asian market (AU, AJ, NU, NJ) & Euro zone market (EU, EJ, GU, GJ) however it does take a little to switch between with the new charts loading...

Perhaps unique profiles would be a faster way to get prepared!
Life is like a snickers, its full of nuts!
  • #30,057
  • Apr 20, 2015 11:49pm Apr 20, 2015 11:49pm
I would never touch other pairs than majors, however, with Robinho explanations how he uses meter, I ventured out into wild...

Thanks, Robinho.

Getting there. :nerd:
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  • #30,058
  • Apr 20, 2015 11:53pm Apr 20, 2015 11:53pm
Quoting nasap
{quote} Btw its more fun in the Philippines. nasap
Yeah i know. Once i had a friend from there - Rosalyn...... Those were the days...
  • #30,059
  • Apr 21, 2015 12:51am Apr 21, 2015 12:51am
fun and easy...
Attached Images
  • #30,060
  • Apr 21, 2015 1:08am Apr 21, 2015 1:08am
EU to TP
Attached Image (click to enlarge)
Click to Enlarge Name: EU_TP.png Size: 60 KB
Porta itineris dicitur longissima esse
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