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As simple as possible: 00 level trading

  • #31,761
  • Edited 8:50am Jun 15, 2015 8:37am | Edited 8:50am
Quoting nasap
{quote} Happy to see you are doing a great job! nasap
Madam, Thank you for showing us the way. I can not forget the day you said "Strength and Sync status is the key to success". Truely I found it out to be so, thank you.
Time always comes before price
  • #31,762
  • Jun 15, 2015 9:44am Jun 15, 2015 9:44am
please when you are free, upload all the indicators in ''one and two for me''. please also include the settings. I have indicated in the attached chart with black ink. Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: fx rai.png Size: 69 KB
  • #31,763
  • Edited 10:18am Jun 15, 2015 10:00am | Edited 10:18am
I have modified them with my setting, so no need to do any thing with them.

These are the arrangement:

window 1:
1. ASH2
2. ASH mtf(M30)
3. HA


window2:
1. Price To Open (1440)
2. Price To Open (240)
3. Price To Open (60)

Cheers,
Yomi
Attached File(s)
File Type: mq4 AbsoluteStrenghtHisto2-Alert.mq4   10 KB | 621 downloads
File Type: mq4 AbsoluteStrength mtfM30 & alerts + arrows histo nmc.mq4   11 KB | 661 downloads
File Type: mq4 Heiken Ashi_SWAlert.mq4   5 KB | 591 downloads
File Type: mq4 #PriceToOpen 1440.mq4   2 KB | 600 downloads
File Type: mq4 #PriceToOpen.mq4   2 KB | 618 downloads
File Type: mq4 #PriceToOpen 60.mq4   2 KB | 582 downloads
Time always comes before price
  • #31,764
  • Jun 15, 2015 10:02am Jun 15, 2015 10:02am
Quoting Emmpoli
please when you are free, upload all the indicators in ''one and two for me''. please also include the settings. I have indicated in the attached chart with black ink. Thank you {image}
Please check above post for your attention.
Time always comes before price
  • #31,765
  • Jun 15, 2015 10:13am Jun 15, 2015 10:13am
Quoting dagoods
{quote} please share how are you determining sync. Thanks
Hi Dagoods,
You may want to test out Joe12345 's advise on how he syncs his trade:

http://www.forexfactory.com/showthre...17#post8235617

It has really helped on increasing my WR. I don't use currency strength meter(although I still have it on my template) as I stick to Udine's 4 main pairs and noticed that during FO to LO +2 hours, these pairs have enough momentum to push for the 5 PIPs TP at the right time. In addition, I use the trend indies(15M, 30M, 1H, D) (whom LuXing has kind enough the share it earlier in the thread).
One last thing which has also helped is looking back at your trades journal's charts as I have noticed certain patterns/waves over time which help increases the probability on the trades you finally take.

Just my 2 cents. Happy trading always!

Milfortra.
  • #31,766
  • Jun 15, 2015 10:19am Jun 15, 2015 10:19am
Quoting fxrabbi
{quote} Please check above post for your attention.
thank you very much. i got this, hope you did. my confidence is gradually growing. hope it stays intact when i start trading with will $$
Attached Image (click to enlarge)
Click to Enlarge Name: trade4.png Size: 91 KB
  • #31,767
  • Jun 15, 2015 10:35am Jun 15, 2015 10:35am
Quoting LuXing
Buenos das, Trade #1 o/t day: EURJPY to TP. LuXing {image}
Luxing hi.

are you using ash indicator in your trading?
  • #31,768
  • Jun 15, 2015 10:42am Jun 15, 2015 10:42am
Quoting fxrabbi
I have modified them with my setting, so no need to do any thing with them. These are the arrangement: window 1: 1. ASH2 2. ASH mtf(M30) 3. HA window2: 1. Price To Open (1440) 2. Price To Open (240) 3. Price To Open (60) Cheers, Yomi {file} {file} {file} {file} {file} {file}
Hi fxrabbi

Is your setting is for all TF or just for the M30 TF,I remember there are different setting fot different TF?

thx a lot.
  • #31,769
  • Jun 15, 2015 11:10am Jun 15, 2015 11:10am
Quoting blueface
{quote} Hi fxrabbi Is your setting is for all TF or just for the M30 TF,I remember there are different setting fot different TF? thx a lot.
M30
Time always comes before price
  • #31,770
  • Jun 15, 2015 11:19am Jun 15, 2015 11:19am
Today´s last trade: EURUSD to TP.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 60 KB
Wisdom begins in wonder
  • #31,771
  • Jun 15, 2015 11:35am Jun 15, 2015 11:35am
Last trade for today: EURUSD

BE = +10pips.

Trade Ideas:
1. Sync in pairs.
2. Strength.

Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 61 KB
Time always comes before price
  • #31,772
  • Jun 15, 2015 11:37am Jun 15, 2015 11:37am
Quoting diallist
{quote} 1. I use primarily L4 & L3 entries on the M30 chart. In other words, The L4, which is the original entry used at the beginning of the 00 thread is at the beginning of the hour. The L3 is at the beginning of the half hour. Right before either of these I... 2. Use the CSM's to choose a currency. I try to pick the 1x8, but if the spread is too high I may choose the 2x8 or the 1x7 if thier spread is lower. 3. I monitor what the pair does during the first 5 to 15 minutes of the entry, per Robinho to see if the direction of movement is in agreement...
Thanks Dial
  • #31,773
  • Jun 15, 2015 11:48am Jun 15, 2015 11:48am
Quoting fxrabbi
Last trade for today: EURUSD BE = +10pips. Trade Ideas: 1. Sync in pairs. 2. Strength. Cheers, Yomi {image}
Another nice trade Yomi
Is your SL bigger than 10 pips ? Thank you.
Do good and disappear...
  • #31,774
  • Jun 15, 2015 11:51am Jun 15, 2015 11:51am
GBPUSD:

BE = +10pips

Trade Ideas:
1. Sync in pairs.
2. Strength.

See you all tommorrow.

Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 60 KB
Time always comes before price
  • #31,775
  • Jun 15, 2015 11:53am Jun 15, 2015 11:53am
Quoting VinceHS
{quote} Another nice trade Yomi Is your SL bigger than 10 pips ? Thank you.

TP = 20pips
BE = 10pips
SL = 20pips

Thank you,
Yomi
Time always comes before price
  • #31,776
  • Jun 15, 2015 11:57am Jun 15, 2015 11:57am
Quoting NewToForex14
{quote} Luxing hi. are you using ash indicator in your trading?
@NewToForex

No, I am not using the ASH indicator in my trading. Only the Forexgrail spreadsheet.

LuXing
Wisdom begins in wonder
  • #31,777
  • Jun 15, 2015 12:35pm Jun 15, 2015 12:35pm
Quoting Milfortra
{quote} Hi Dagoods, You may want to test out Joe12345 's advise on how he syncs his trade: http://www.forexfactory.com/showthre...17#post8235617 It has really helped on increasing my WR. I don't use currency strength meter(although I still have it on my template) as I stick to Udine's 4 main pairs and noticed that during FO to LO +2 hours, these pairs have enough momentum to push for the 5 PIPs TP at the right time. In addition, I use the trend indies(15M, 30M, 1H, D) (whom LuXing has kind enough the share it earlier in the...
Thats it! Udine started this thread with a method that followed Einstein's rule "Make everything as simple as possible, but not simpler". Trade less, make more and have a fulfilling life other than trading---what more can one ask for! Congratulations on your discipline. How do you teach this? Udine designed burpees. I drink bittergourd juice
  • #31,778
  • Jun 15, 2015 12:36pm Jun 15, 2015 12:36pm
Quoting LuXing
{quote} @NewToForex No, I am not using the ASH indicator in my trading. Only the Forexgrail spreadsheet. LuXing
Thanks.
  • #31,779
  • Jun 15, 2015 3:51pm Jun 15, 2015 3:51pm
Quoting fxrabbi
{quote} Thank you, Yomi
Yomi, I want to apologise for my "cheekiness" to ask you in my previous post -- to post your template - it was a moment of weakness on my side. Trust you accept my apology. I will appreciate it if you could clear my mind re the following
Do you use a trailing stop at all?
Do do sometimes manually exit a trade or do you wait for the BE =+10 or TP=+20 to be hit regardless
Are there times that you hit your SL = -20 ?
Do you manually exit a trade before the trade reach your SL
Regards
Kooza
  • #31,780
  • Jun 15, 2015 9:39pm Jun 15, 2015 9:39pm
Quoting fxrabbi
{quote} First of all, I trade only Udine recommended pairs which are: 1. EURUSD 2. EURJPY 3. GBPUSD 4. GBPJPY These are the pairing: 1. EURUSD counter-part EURJPY 2. GBPUSD counter-part GBPJPY NB: if you trade other pairs apart from the above, you need to find their correlated/couter-part pairs, and input the currencies into the psylevels Dashboard. Area of concentration is to look at what each of the pairings are doing at H1, H4 and D1. And if they are doing the same thing, then you are good to hit the button. This Psylevels Dashboard are use for...
Dear Fxrabbi,
I would like to have the Currency meter with only 4 pairs like you use.
Kindly guide me ,where to get it.
Thanking you in advance,
AllHappy
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