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As simple as possible: 00 level trading

  • #31,381
  • May 27, 2015 5:43pm May 27, 2015 5:43pm
Quoting masofras
{quote} hello thank you for kinds words I will try to answer your questions: 1. conditional formatting is used for one reason: read most of information in blink of eye so if you see in bottom row two digits (10.0+) (you recognize it fast) there is potential strength ( i tried to do it as simple as possible) 2. yes there are little differences but idea is : red= low strength and if strength is raising then is just added brightness etc. I think you will find your way how to work with... it is just question of time 3. both rows are calculated...
Thank you for your answer. It is very helpful!

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #31,382
  • May 27, 2015 6:22pm May 27, 2015 6:22pm
Quoting masofras
{quote} try this. It wrote me some errors, I dont know if that will work :S masofras {file}
Hello masofras, I tried jojo_strength_1.1_MS2003 and getting error, image is attached may it is because I am running excel version 2000 or any other setting require please help

Thanks And Regards,
Moti
Attached Image (click to enlarge)
Click to Enlarge Name: jojo_strength_1.1_MS2003.png Size: 35 KB
  • #31,383
  • May 27, 2015 6:55pm May 27, 2015 6:55pm
Quoting marcoFF
{quote} Hi Milfortra, thank you for the feedback. Do you mean that was an entry lvl1 at 189,900 to 189,950? Mine is not an entry 2 lvl? Both indy remains green (during the red candle) so if the next candle is green i put the pending order above.. or I miss something? Thanks, Marco.
Hi Marco.
You may want to read this post by Udine again on the different levels. http://www.forexfactory.com/showthre...15#post8157115

Milfortra.
  • #31,384
  • May 28, 2015 12:28am May 28, 2015 12:28am
Quoting masofras
{quote} hello yes you are right, thank you very much for your feedback. It shoudnt be divided by 7 . I was making this spreadsheet only by nasaps screenshots. thank you again Here is updated version masofras {file}
Great. Now I can sleep quiet.

BTW, this error was only a small distortion of the value. Great work!
  • #31,385
  • May 28, 2015 1:44am May 28, 2015 1:44am
EU +5 TP
USDCHF +4 : closed manually for the DS1 proximity.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU_TP.png Size: 38 KB
Click to Enlarge Name: UCHF_TP.png Size: 32 KB
Porta itineris dicitur longissima esse
  • #31,386
  • May 28, 2015 1:47am May 28, 2015 1:47am
Hi All,

First 2 trades of today with the 5min strategy.
Quick, easy and stressfree

EURJPY Long -> TP
EURUSD Long -> TP

Kind regards,

Gizmo
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2015-05-28 om 08.21.48.png Size: 77 KB
Click to Enlarge Name: Schermafbeelding 2015-05-28 om 08.21.40.png Size: 83 KB
  • #31,387
  • Edited 2:38am May 28, 2015 2:17am | Edited 2:38am
Quoting VinceHS
{quote} Thanks hollandpippin. Yes saw the DS1 and didn't short it. But having a confirming short term trend ind is a great idea. If you don't mind sharing, what are you using as a short term trend ind ? Much appreciated.
VinceHs,

What i am using as the short term trend indicator is ....parabolic SAR standard settings and available on every MT4 platform.
I am also only trading LO+2 hours and NY+2 hours and watching out for support and resistance levels and News events.
So i am not trading every opportunity just looking for the most possible trades out there.
  • #31,388
  • May 28, 2015 2:32am May 28, 2015 2:32am
Hi all,

Trade#3
EURJPY Long -> TS, or negative slippage.
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2015-05-28 om 09.31.19.png Size: 143 KB
  • #31,389
  • May 28, 2015 2:44am May 28, 2015 2:44am
Quoting bubincka
EU +5 TP USDCHF +4 : closed manually for the DS1 proximity. {image} {image}
hi bubincka i don't understand your EU, correct entry is't 1.09450?
Thanks,
Marco.
  • #31,390
  • May 28, 2015 3:50am May 28, 2015 3:50am
Hi all,

Trade #4.
GBPJPY Long -> TS.

I made 2 changes to the 5min strategy.
1. I'm using WUKAR 1.3.2e because I can add 0.7 pips to cover the commission (I kept the BE and trailing settings the same, 3 pips), furthermore this has a hidden TP;
2. I'm placing the orders with the scripts that were provided earlier in the thread, reason for this is that I can change settings (if I require) with SetUdineGlobals.

Kind regards,

Gizmo
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2015-05-28 om 10.37.56.png Size: 138 KB
  • #31,391
  • May 28, 2015 4:14am May 28, 2015 4:14am
Quoting marcoFF
{quote} hi bubincka i don't understand your EU, correct entry is't 1.09450? Thanks, Marco.
Hi Marco, correct entry according to Udine's rules should have been @ 1.09200 on previous candle.
Since I lost it, after monitoring that EUR strength against USD was still there, I put manually a pending buy limit order @ 1.09350, it went well.

Best regards,
Bubincka
Attached Image (click to enlarge)
Click to Enlarge Name: EU_TP.png Size: 39 KB
Porta itineris dicitur longissima esse
  • #31,392
  • May 28, 2015 4:31am May 28, 2015 4:31am
Quoting hollandpippin
{quote} VinceHs, What i am using as the short term trend indicator is ....parabolic SAR standard settings and available on every MT4 platform. I am also only trading LO+2 hours and NY+2 hours and watching out for support and resistance levels and News events. So i am not trading every opportunity just looking for the most possible trades out there.
That makes sense. Thank you hollandpippin. Just like Udine's H1 and M30 trades, we have to keep the odds in our favor with the M5 strategy too.
Do good and disappear...
  • #31,393
  • May 28, 2015 4:47am May 28, 2015 4:47am
Quoting bubincka
{quote} Hi Marco, correct entry according to Udine's rules should have been @ 1.09200 on previous candle. Since I lost it, after monitoring that EUR strength against USD was still there, I put manually a pending buy limit order @ 1.09350, it went well. Best regards, Bubincka {image}
Very clear now, thanks!
  • #31,394
  • May 28, 2015 5:18am May 28, 2015 5:18am
Hi everyone.

My two trades today..... EJ manual close and GU to TP.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 64 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 56 KB


Asmodai
  • #31,395
  • May 28, 2015 6:05am May 28, 2015 6:05am
It's a correct LVL 1? Thanks all for the feedback!

Attached Image (click to enlarge)
Click to Enlarge Name: GJ.gif Size: 15 KB
  • #31,396
  • May 28, 2015 6:23am May 28, 2015 6:23am
Quoting marcoFF
It's a correct LVL 1? Thanks all for the feedback! {image}
Perfect
Time always comes before price
  • #31,397
  • May 28, 2015 6:46am May 28, 2015 6:46am
Buenos días,

Trade #1 and #2 of the day:

AUDUSD and AUDJPY to TP.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 117 KB
Wisdom begins in wonder
  • #31,398
  • May 28, 2015 6:49am May 28, 2015 6:49am
Trades #3 and #4:

NZDJPY and NZDUSD to TP.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 121 KB
Wisdom begins in wonder
  • #31,399
  • May 28, 2015 7:07am May 28, 2015 7:07am
2 consecutive loss on GJ, i think i wrong something on appling lvl2 rules.. any comment?
Can someone rexplain with an example a lvl 2 entry?
Thank you all!
Attached Image (click to enlarge)
Click to Enlarge Name: Gj-2LOSS.gif Size: 5 KB
  • #31,400
  • May 28, 2015 7:45am May 28, 2015 7:45am
Quoting marcoFF
2 consecutive loss on GJ, i think i wrong something on appling lvl2 rules.. any comment? Can someone rexplain with an example a lvl 2 entry? Thank you all! {image}
Hi Marco,
There are a few quite obvious reasons the probability of your trades were not in your favor. One of them is obviously the news. What is the rules when there is news? If you have read all the post from Post No. 1, you will be required to do again as you have not collected all the gems in this thread. You would have known your mistakes if you had collected and practice every one of them. You will be reading this kind of comment very frequently in this thread as those who have gone through the necessary reading will find that the probability of your trades hitting TP is extremely high.
Happy trading always!

Milfortra.
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