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As simple as possible: 00 level trading

  • #30,461
  • Apr 29, 2015 2:10am Apr 29, 2015 2:10am
Quoting iwan73
First trades today. EJ L SL GJ L TP {image}
same GJ here but out by TS ^^
  • #30,462
  • Apr 29, 2015 2:21am Apr 29, 2015 2:21am
GU L, close this trade manualy because price stals at 790 for almost one minute
Attached Image (click to enlarge)
Click to Enlarge Name: GU TP manual.png Size: 29 KB
  • #30,463
  • Apr 29, 2015 2:28am Apr 29, 2015 2:28am
Trade #1 o/t day:

EURJPY to TP.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 61 KB
Wisdom begins in wonder
  • #30,464
  • Apr 29, 2015 2:36am Apr 29, 2015 2:36am
Hi all
EJ +4 closed manually cause price has stalled
Target adjusted to previous Range High
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_5.png Size: 64 KB
  • #30,465
  • Apr 29, 2015 2:57am Apr 29, 2015 2:57am
EU +5 TP : orthodox L1 Udine's entry
EJ +5 TP : leveraging on pairs strong correlation

Maybe GJ and GU were even better choices at LO but I wasn't ready to enter timely.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ_TP.png Size: 60 KB
Click to Enlarge Name: EU_TP.png Size: 59 KB
Porta itineris dicitur longissima esse
  • #30,466
  • Apr 29, 2015 3:07am Apr 29, 2015 3:07am
Late start for me this morning. EJ to TP +5
Attached Image (click to enlarge)
Click to Enlarge Name: ej.jpg Size: 123 KB
"Amat Victoria Curam" Victory Loves Preparation
  • #30,467
  • Apr 29, 2015 3:15am Apr 29, 2015 3:15am
EURJPY@TP +20pips on L1 Entry.

Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: 1. Level 1 entry with 5ema cross..png Size: 54 KB
Time always comes before price
  • #30,468
  • Apr 29, 2015 4:08am Apr 29, 2015 4:08am
Trade #2 EJ to TP +5 EU BE
Attached Image (click to enlarge)
Click to Enlarge Name: ej.jpg Size: 109 KB
"Amat Victoria Curam" Victory Loves Preparation
  • #30,469
  • Edited 8:31am Apr 29, 2015 5:12am | Edited 8:31am
Done for the session

Attached Image
  • #30,470
  • Apr 29, 2015 6:54am Apr 29, 2015 6:54am
Quoting LuXing
{quote} Mmm, lets see. First screenshot, clear enough. AUD is strong, right ? JPY is weak, right ? USD is also weak, right ? Now, lets forget about RmUp/RmDn, ADR, ... for a moment. Youll want to play the weak against the strong. In this case, long on AUDJPY and long on AUDUSD. AJ and AU have a positive correlation of 93 and something % on a M15 TF, see screenshot, right ? My avg trade duration (500+ trades is 12m32 secs) so Ive pulled up M15 correlation as a reference. By all means, take H1 or H4 as TF on the myfxbook website. Now, the red and...

Thanks LuXing for your very detailed explanation....

  • #30,471
  • Apr 29, 2015 8:32am Apr 29, 2015 8:32am
Very clean L2 setup from M15 (~1h after the news at NO).
1:1 RR

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-04-29_14h30_18-EJ.png Size: 41 KB
  • #30,472
  • Apr 29, 2015 8:34am Apr 29, 2015 8:34am
Now, done for the day

Attached Image
  • #30,473
  • Apr 29, 2015 8:53am Apr 29, 2015 8:53am
Quoting tradista
Now, done for the day {image}
Tradista,
Awesome.. Do you mind showing the trades?
  • #30,474
  • Apr 29, 2015 9:08am Apr 29, 2015 9:08am
I couldn't resist to take this bonus trade on EU. USD was showing strong weakness, i figured that if the market had enough momentum to take out 65 (tested 3 times) it would definately move higher.

Edit: RmUp wasn't red at time of entry.

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-04-29_15h00_06-EU.png Size: 41 KB


Will call it a day now

Attached Image
  • #30,475
  • Apr 29, 2015 9:10am Apr 29, 2015 9:10am
Last 2 trades of the day

http://screencast.com/t/GJXbYAYZO
  • #30,476
  • Apr 29, 2015 9:15am Apr 29, 2015 9:15am
Gread job today Tradeista. I'm calling it a day as well.
AudJpy winner even though I had positive slippage going in and
slightly worse on exit.
Attached Image (click to enlarge)
Click to Enlarge Name: aud.jpg Size: 80 KB
"Amat Victoria Curam" Victory Loves Preparation
  • #30,477
  • Apr 29, 2015 9:19am Apr 29, 2015 9:19am
Quoting bluejack
{quote} Tradista, Awesome.. Do you mind showing the trades?
Thanks. I will post the screenshots later in the evening, while reviewing the trades.
  • #30,478
  • Apr 29, 2015 9:24am Apr 29, 2015 9:24am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 36 KB
  • #30,479
  • Apr 29, 2015 10:06am Apr 29, 2015 10:06am
Quoting LuXing
{quote} Sounds like you are a Basket Trader type of personality. You might want to look at Seller9, gvc/DingDong99 stuff. Open source @ full throttle, albeit more complicated, than Udine s ASAP system. Semper reformanda... LuXing
It is not complicated, all rules by Udine but instead of sync of 2 pairs, waiting for a sync of a basket
  • #30,480
  • Apr 29, 2015 10:19am Apr 29, 2015 10:19am
Being among champions with such astonishing results is beatiful, however I'm happy with my daily green pips portion, working hard on the last two "C" : Confidence + Consistency
Attached Image
Porta itineris dicitur longissima esse
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