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As simple as possible: 00 level trading

  • #31,641
  • Jun 10, 2015 12:29pm Jun 10, 2015 12:29pm
Tell someone to keep adding 2+2 to get 4. Come back later, and he will let you know that instead, he rather squares 4 and devides by 4 to get 4. I have read 98% of this thread...and trust me, i have found in, an easier means to make 1-2% like neve before, than "catching a falling knife" supply and demand trading style. But who knows, maybe I am a not courageous enough. On the other hand, pgpb, I respect all you input into this thread. You are a part of why I trade the way I do now.
L.L.L.T
  • #31,642
  • Jun 10, 2015 1:11pm Jun 10, 2015 1:11pm
Quoting nasap
Can't get them all. {image} Total 62 pip. nasap
Hi nasap,

Your system has a very good performance, what do you use as trade filter besides the normal Udine rules? Currency strength? I sometimes notice your charts have some oscillator indicators that resemble short term stochastic... Thanks.

Jaime
  • #31,643
  • Jun 10, 2015 8:42pm Jun 10, 2015 8:42pm
Quoting hollandpippin
Just a few minutes ago my second trade for the day using MBA5min system on EJ (first was this morning on EU){image} As you can see the mini trend was up and a blue square so a buy on the green box using the scripts provided. Finished the day up 1.71%.
Hollandpippin, i am interested in knowing a few simple rules/ideas for filtering these MBA trades. Thank you in advance if you have a minute for this. Otherwise any trades you can post based on MBA would be helpful also. -Jason
  • #31,644
  • Jun 10, 2015 11:52pm Jun 10, 2015 11:52pm
Quoting mkfx
{quote} Is this your time or server time if server , which broker Thanks
Time is local time GMT +8. I'm 3h ahaed of the Australian broker.

nasap
The little nut in your head is called brain. Use it!
  • #31,645
  • Jun 11, 2015 12:02am Jun 11, 2015 12:02am
Quoting jmmac
{quote} Hi nasap, Your system has a very good performance, what do you use as trade filter besides the normal Udine rules? Currency strength? I sometimes notice your charts have some oscillator indicators that resemble short term stochastic... Thanks. Jaime
Charts only used to show trade results. I do not use any charts for trading the 00-level-system. All is based on 00-level-system rules. Besides I have developed special algorithm. The whole system / filters is / are dynamic, like the market!

nasap
The little nut in your head is called brain. Use it!
  • #31,646
  • Jun 11, 2015 2:09am Jun 11, 2015 2:09am
GU +5 TP
Got this trade on strength & momentum after some previous hesitations.
Attached Image (click to enlarge)
Click to Enlarge Name: GU_TP.png Size: 33 KB
Porta itineris dicitur longissima esse
  • #31,647
  • Jun 11, 2015 2:09am Jun 11, 2015 2:09am
Good morning everyone

First trade today....

GU to TP
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 62 KB


Asmodai
  • #31,648
  • Jun 11, 2015 2:14am Jun 11, 2015 2:14am
Buenos días,

Trade #1 o/t day: GBPUSD to TP.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 55 KB
Wisdom begins in wonder
  • #31,649
  • Jun 11, 2015 2:47am Jun 11, 2015 2:47am
Quoting bubincka
gu +5 tp got this trade on strength & momentum after some previous hesitations. {image}
we took the same trade for the same reasons. I went for 10pips
  • #31,650
  • Jun 11, 2015 3:05am Jun 11, 2015 3:05am
1. M30 Level 1 entry on EURUSD.

BE = 10pips.

Trade Ideas:

1. Momentum.
2. Strength.
3. Volume.


2. GBPUSD = 10pips + 10pips = 20pips

Trade Ideas:

1. Momentum.
2. Strength.
3. Volume.

Cheers,
Yomi
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 59 KB
Click to Enlarge Name: GBPUSDM30.png Size: 58 KB
Time always comes before price
  • #31,651
  • Jun 11, 2015 3:07am Jun 11, 2015 3:07am
Trade #2 o/t day: EURUSD to TP

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 56 KB
Wisdom begins in wonder
  • #31,652
  • Jun 11, 2015 3:07am Jun 11, 2015 3:07am
EU +5 TP
Again working on EUR weakness vs USD strength plus momentum.
(same trade as LuXing)
Attached Image (click to enlarge)
Click to Enlarge Name: EU_TP.png Size: 35 KB
Porta itineris dicitur longissima esse
  • #31,653
  • Jun 11, 2015 3:15am Jun 11, 2015 3:15am
Quoting Emmpoli
{quote} we took the same trade for the same reasons. I went for 10pips
Yes Emmpoli, I'm thinking to set TP to zero or increase it to 10 and then manage the trade manually. It's a long time I'd like to test this.
Porta itineris dicitur longissima esse
  • #31,654
  • Edited 3:56am Jun 11, 2015 3:31am | Edited 3:56am
Quoting bubincka
eu +5 tp again working on eur weakness vs usd strength plus momentum. (same trade as luxing) {image}
missed out on this one with 0.7 pips to tp. Exited manually with -1 pip which was the right decision because it would have hit my stoploss.
  • #31,655
  • Jun 11, 2015 3:31am Jun 11, 2015 3:31am
Trade #3 o/t day: USDCHF to TP
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 64 KB
Wisdom begins in wonder
  • #31,656
  • Jun 11, 2015 3:38am Jun 11, 2015 3:38am
Trade #4 o/t day: GBPJPY to TP

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 59 KB
Wisdom begins in wonder
  • #31,657
  • Jun 11, 2015 3:52am Jun 11, 2015 3:52am
Quoting fxrabbi
1. M30 level 1 entry on eurusd. Be = 10pips. Trade ideas: 1. Momentum. 2. Strength. 3. Volume. 2. Gbpusd = 10pips + 10pips = 20pips trade ideas: 1. Momentum. 2. Strength. 3. Volume. Cheers, yomi {image} {image}
good morning fxrabbi, i dont know if someone had made this request before, if yes, please forgive me. The currency strenght meter on the right buttom of your chart under the psylevel dashboard that shows only udine pairs, please can you share it with me including the settings? Thanks
  • #31,658
  • Edited 4:13am Jun 11, 2015 4:00am | Edited 4:13am
Quoting Emmpoli
{quote} good morning fxrabbi, i dont know if someone has made this request before, if yes, please forgive me. The currency strenght meter on the right buttom of your chart under the psylevel dashboard that shows only udine pairs, please can you share it with me including the settings? Thanks
Yes, I have share it before on post: 31,549.

Just change the currency pairs to the four pairs, like this, EURUSD,EURJPY,GBPUSD,GBPJPY, only.

and change the color too, if there is any still anything, please let me know.
Time always comes before price
  • #31,659
  • Jun 11, 2015 4:03am Jun 11, 2015 4:03am
Trade #5 o/t day: GBPJPY out by TS.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 59 KB
Wisdom begins in wonder
  • #31,660
  • Jun 11, 2015 4:06am Jun 11, 2015 4:06am
Trades 2, 3 and 4

UChf to SL
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFM30.png Size: 64 KB


UJ to TP
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM30.png Size: 65 KB


GJ to TP
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM30.png Size: 68 KB


Asmodai
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