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As simple as possible: 00 level trading

  • #32,061
  • Jul 1, 2015 4:15am Jul 1, 2015 4:15am
Quoting birdland
{quote} sorry but bad excuse. i am a professional trader and always have a trade journal with charts. when i save my charts i have additional 10-20seconds left to post here charts like others... but no offense birdland
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #32,062
  • Jul 1, 2015 4:21am Jul 1, 2015 4:21am
Quoting 4xgmp
{quote} Well done Yomi! I love reading your posts! I didn't place that trade because one of the Absolute Strength indicators was still green. It didn't bother you?
You are very correct, I was watching the pairs, so I knew that the momentum that was following that close of that candle was going to give me my BE of 10pips, and mind you the original ASH was red (the down one). The second ASH was just for filter but, I ignore it because of the momentum.

Cheers,
Yomi
Time always comes before price
  • #32,063
  • Jul 1, 2015 4:28am Jul 1, 2015 4:28am
Thanks for your feedback. Another thing that kept me on the sideline is what is going on in Greece. I feel the EUR pairs are not reliable. As a matter of fact, there was a big green candle about an hour later...
  • #32,064
  • Jul 1, 2015 4:37am Jul 1, 2015 4:37am
Quoting 4xgmp
Thanks for your feedback. Another thing that kept me on the sideline is what is going on in Greece. I feel the EUR pairs are not reliable. As a matter of fact, there was a big green candle about an hour later...
That's better
Time always comes before price
  • #32,065
  • Jul 1, 2015 5:35am Jul 1, 2015 5:35am
M30 Level 1 Entry on GBPUSD.

BE +10pips.

Trade Ideas:

1. Typical M30 level 1 setup.

2. Momentum.

3. Volume.


Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 57 KB
Time always comes before price
  • #32,066
  • Jul 1, 2015 5:53am Jul 1, 2015 5:53am
Quoting fxrabbi
M30 Level 1 Entry on GBPUSD. BE +10pips. Trade Ideas: 1. Typical M30 level 1 setup. 2. Momentum. 3. Volume. Cheers, Yomi {image}
You were not worried about the red news on GBP???

You are totally insane my friend lol. Insane but successful! lol (I am joking)
  • #32,067
  • Jul 1, 2015 5:55am Jul 1, 2015 5:55am
Quoting diallist
{quote} nasap my dear lady, Do not worry. You said nothing to offend me. I understood what you meant in your post about sharing mistakes with others so they could learn to avoid them. But in my reply, I tried to be humorous and facetious. But it appears that my attempt did not make it across the cultural and language barrier between us. Such are the trials of using text for international communications. Much is lost or misinterpreted. My apologies if I happened to offend you. Dial
I didn't feel offended in any way! Different languages sometimes lead to misunderstanding / misinterpretation, hence we have something to talk about. It's ok as long as we respect each others. Wish you good luck and many green pips.

NZDCHF not executed @900 (signal will always be given), EURCHF joined a bit later after its strength has raised:
Attached Image

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.07.01_18h00m53s_019_.png Size: 32 KB

It's nice to play with the kids while the bot is doing its work.

Good luck to everybody!

nasap
The little nut in your head is called brain. Use it!
  • #32,068
  • Jul 1, 2015 5:58am Jul 1, 2015 5:58am
By the way: by playing with the settings of the NewsCal indicator, you can arrange to display red vertical lines for each red news. I find this very convenient. See the two dashed red lines on the chart below:
Attached Image
  • #32,069
  • Jul 1, 2015 6:01am Jul 1, 2015 6:01am
Quoting diallist
{quote} I'm glad you found value in some of my posts. The reason I don't post more trade screenshots are three: 1. My trades are not strictly by Udine's rules and that makes them off topic for this thread. 2. Because my trades are not strictly Udine compliant, I think it would cause confusion. 3. I simply don't have time. I'm already spending too much of my time in this forum as it is. I really need to step away for a while. I wish you many green pips for years to come
Crystal clear and well argued.
All the best and many green pips to you and all of us here.
Porta itineris dicitur longissima esse
  • #32,070
  • Jul 1, 2015 6:19am Jul 1, 2015 6:19am
Quoting nasap
{quote} I didn't feel offended in any way! Different languages sometimes lead to misunderstanding / misinterpretation, hence we have something to talk about. It's ok as long as we respect each others. Wish you good luck and many green pips. nasap
Good and pure clear mind, same goes to diallist. Weldone
Time always comes before price
  • #32,071
  • Jul 1, 2015 6:28am Jul 1, 2015 6:28am
Quoting 4xgmp
{quote} You were not worried about the red news on GBP??? You are totally insane my friend lol. Insane but successful! lol (I am joking)
But, I took that trade M30 after the red news, please check the attached chart for clarification.

Thank you,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 72 KB
Time always comes before price
  • #32,072
  • Jul 1, 2015 6:44am Jul 1, 2015 6:44am
Quoting nasap
{quote} I didn't feel offended in any way! Different languages sometimes lead to misunderstanding / misinterpretation, hence we have something to talk about. It's ok as long as we respect each others. Wish you good luck and many green pips. NZDCHF not executed @900 (signal will always be given), EURCHF joined a bit later after its strength has raised: {image} {image} It's nice to play with the kids while the bot is doing its work. Good luck to everybody! nasap
FINALLY I THINK I AM GETTING TO UNDERSTAND HOW YOU TRADE AFTER COUNTLESS TIMES OF STUDYING YOUR POST. I TOOK A TRADE ON GBPCHF and later took a trade on EURCHF. I dont have the right tool nor coding knowledge like you do. So doing it manually is like suicide. Anyways, green pips to you and i'll still keep an eye on you post. If ever you have spare time and you feel like coding, you can help me edit the psy level dashBoard uploaded By Mastermind. If you are ok with it, i will tell you what I want. it should Be really easy. cheers
  • #32,073
  • Jul 1, 2015 7:42am Jul 1, 2015 7:42am
only 20min after red news . . . but . . .

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD+M15.png Size: 109 KB


Attached Image
  • #32,074
  • Jul 1, 2015 8:15am Jul 1, 2015 8:15am
Quoting fxrabbi
{quote} But, I took that trade M30 after the red news, please check the attached chart for clarification. Thank you, Yomi {image}
There was another red news just after... you placed your trade right between two red news on GBP. Very risky. This is why I think it's good to configure NewsCal indicator to display the red news on the chart.

(time below is given in Mauritian time GMT+4)
Attached Image
  • #32,075
  • Jul 1, 2015 8:26am Jul 1, 2015 8:26am
Quoting 4xgmp
{quote} There was another red news just after... you placed your trade right between two red news on GBP. Very risky. This is why I think it's good to configure NewsCal indicator to display the red news on the chart. (time below is given in Mauritian time GMT+4) {image}
he played right in between the two GBP red news...so from the risk point thats fine
personally i have a 15minutes filter before and after red news and with that i never had a problem.
trading is like dancing, don't think and just listen to the music!
  • #32,076
  • Jul 1, 2015 8:29am Jul 1, 2015 8:29am
Quoting 4xgmp
{quote} There was another red news just after... you placed your trade right between two red news on GBP. Very risky. This is why I think it's good to configure NewsCal indicator to display the red news on the chart. (time below is given in Mauritian time GMT+4) {image}
Ok, no problem, my news indicator did not show its red flag, and I'm not aware of another red news, anyway thank you.

Yomi
Time always comes before price
  • #32,077
  • Jul 1, 2015 8:31am Jul 1, 2015 8:31am
Quoting birdland
{quote} he played right in between the two GBP red news...so from the risk point thats fine personally i have a 15minutes filter before and after red news and with that i never had a problem.
Thanks for sharing that birdland. 15 minutes seems rather short to me: I would afraid to be in negative territory when the news come. I guess you can do that because you are very confident the trade will be quick?
  • #32,078
  • Jul 1, 2015 8:34am Jul 1, 2015 8:34am
Quoting fxrabbi
{quote} Ok, no problem, my news indicator did not show its red flag, and I'm not aware of another red news, anyway thank you. Yomi
I am using NewsCal-v107. You can probably easily find it by clicking on the paperclip. Else let me known and I will post it.
  • #32,079
  • Jul 1, 2015 8:43am Jul 1, 2015 8:43am
Quoting 4xgmp
{quote} I am using NewsCal-v107. You can probably easily find it by clicking on the paperclip. Else let me known and I will post it.
I have it too
Time always comes before price
  • #32,080
  • Jul 1, 2015 9:05am Jul 1, 2015 9:05am
Quoting 4xgmp
{quote} Thanks for sharing that birdland. 15 minutes seems rather short to me: I would afraid to be in negative territory when the news come. I guess you can do that because you are very confident the trade will be quick?
yes, my trades are often filled within 5-10 minutes to TP.
if they are not filled 2-3 minutes before red news i will close them anyway
trading is like dancing, don't think and just listen to the music!
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