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As simple as possible: 00 level trading

  • #33,161
  • Nov 12, 2015 9:38am Nov 12, 2015 9:38am
Today´s only 00-level trade:

#1 EURUSD to TP (albeit with entry slippage of 1.4 pips) at the BRN. 6 pips net.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 59 KB
Wisdom begins in wonder
  • #33,162
  • Nov 13, 2015 2:52am Nov 13, 2015 2:52am
Firstly good morning !!!
See this, entries that done now, so opened LONDON see how was the strength. (Picture 1). Then see the results (image 2)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU EJ CHJ.png Size: 92 KB
Click to Enlarge Name: EU EJ CHJ. resultado.png Size: 111 KB
  • #33,163
  • Nov 13, 2015 3:35am Nov 13, 2015 3:35am
Quoting Robinho
07 victories so far Look just the couple, you need not be looking at all pairs. JUST LOOK 1x8 2x8 1x7 2x7 preferably only 1x8 and 1x7 {image}
@Robinho

What do you mean by 1x8, etc?
What is this?
  • #33,164
  • Nov 13, 2015 3:37am Nov 13, 2015 3:37am
Quoting Robinho
Firstly good morning !!! See this, entries that done now, so opened LONDON see how was the strength. (Picture 1). Then see the results (image 2) {image} {image}
@Robinho
You mentioned in an earlier post you use Udine rules and as an extra filter us the ForexPowerStrengthMeter. I used it as well, but did not have much luck with it.
Do you select the most strongest pairs either up or down, lets say in this case 3 down and then just focus on those charts to follow Udine's rules and trade?
  • #33,165
  • Nov 13, 2015 4:02am Nov 13, 2015 4:02am
Quoting POC-Trader
{quote} @Robinho You mentioned in an earlier post you use Udine rules and as an extra filter us the ForexPowerStrengthMeter. I used it as well, but did not have much luck with it. Do you select the most strongest pairs either up or down, lets say in this case 3 down and then just focus on those charts to follow Udine's rules and trade?
Exactly...

Udine created rules to discipline operators ... if we see that the strength of one currency is in line with pair (couple) why do we have to wait an H1 or M30 sailing close to the entrances? we have to have some experience and make the entrance because we seek only 05 pips ...

Note that the individual panel, EURO and CHF were the weakest currencies and USD and JPY were stronger ... so agreed with the pairs EURUSD, EURJPY and CHFJPY (SELL)

See also the couple was in sync with his family.

EURUSD and EURJPY
USDCHF and CHFJPY

Note: It could have input in USDCHF and did not go ... I was the 1st of the table

Note: Entries London best time of opening and also observe the force 05 minutes after the news. The currency news go to 1st or 8th in force.

1x8 (Stronger x weaker)

I have helped a hug
  • #33,166
  • Edited 6:08am Nov 13, 2015 5:18am | Edited 6:08am
IMAGE 01
AUD stronger currency
USD currency weaker

IMAGE 02 RESULT

AUDUSD BUY + 5 PIPS
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD 13-11.png Size: 86 KB
Click to Enlarge Name: audusd RESULTADO 13-11.png Size: 113 KB
  • #33,167
  • Nov 13, 2015 5:52am Nov 13, 2015 5:52am
Thank you Robinho, here is a hug for you
  • #33,168
  • Nov 13, 2015 7:25am Nov 13, 2015 7:25am
EURUSD + 5
EURJPY + 5
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur FRACO FRACO.png Size: 84 KB
Click to Enlarge Name: eur RESULTADO.png Size: 113 KB
  • #33,169
  • Nov 13, 2015 7:48am Nov 13, 2015 7:48am
FRIENDS THE SECRET IS AS FOLLOWS.

WHEN USD and JPY ARE WEAK, ONLY LOOK FOR:

EURUSD, EURJPY BUY
GBPUSD, GBPJPY BUY
AUDUSD, AUDJPY BUY
NZDUSD, NZDJPY BUY
USDCHF (SELL), CHFJPY (BUY)
USDCAD (SELL), CADJPY (BUY)

WHAT CURRENCY IS STRONGER? (EUR, GBP, AUD, NZD, CHF or CAD) SEE WHO IS STRONG AND CHOOSE THE BEST FAMILY PLACED.

SEE IMAGE 01.AUD STRONGER. SELECT FAMILY AUD

WHEN USD and JPY ARE STRONG, ONLY LOOK FOR:

EURUSD, EURJPY SELL
GBPUSD, GBPJPY SELL
AUDUSD, AUDJPY SELL
NZDUSD, NZDJPY SELL
USDCHF (BUY), CHFJPY (SELL)
USDCAD (BUY), CADJPY (SELL)

WHAT CURRENCY ARE WEAKEST? (EUR, GBP, AUD, NZD, CHF or CAD) SEE WHO IS WEAK AND CHOOSE THE BEST FAMILY PLACED.

ALWAYS WORK IN SYNC WITH FAMILIES OF COINS

SEE IMAGE 02.EURO MORE WEAK. SELECT FAMILY EURO
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD 13-11.png Size: 86 KB
Click to Enlarge Name: eur FRACO FRACO.png Size: 84 KB
  • #33,170
  • Nov 13, 2015 8:15am Nov 13, 2015 8:15am
Eur usd + 5 bonus
eur jpy + 5 bonus
only 03 minutes
Attached Image (click to enlarge)
Click to Enlarge Name: eurO BONUS.png Size: 116 KB
  • #33,171
  • Nov 13, 2015 8:21am Nov 13, 2015 8:21am
EURJPY (M15) +15pips.



Trade Ideas:

1. Sync in pair.
2. Strength.
3. Momentum.
4. Supported by the talking Stochs.


Cheers,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 53 KB
Time always comes before price
  • #33,172
  • Nov 13, 2015 9:03am Nov 13, 2015 9:03am
Quoting Robinho
Eur usd + 5 bonus eur jpy + 5 bonus only 03 minutes {image}
Please share your indicators and template.
  • #33,173
  • Nov 13, 2015 9:20am Nov 13, 2015 9:20am
AUD JPY +5
CADJPY + 5
07 minutes
Attached Image (click to enlarge)
Click to Enlarge Name: audjpycadjpy.png Size: 115 KB
  • #33,174
  • Nov 13, 2015 9:55am Nov 13, 2015 9:55am
Quoting saad007
{quote} Please share your indicators and template.
ABSOLUTE STRENGHT HISTO2
M-Candles SW1 (1440)
POST 4945
http://www.forexfactory.com/showthre...32236&page=248



POST 28256
FOREXPROFITSUPREME ROBINHO
http://www.forexfactory.com/showthread.php?p=8154003


EXPERTS Wukar_WB_trail_v1_3_3e
POST 1146
http://www.forexfactory.com/showthread.php?p=8450319
  • #33,175
  • Nov 13, 2015 11:08am Nov 13, 2015 11:08am
Roninho
Do you still use the dashboard ........ Forum dashboard trading?
  • #33,176
  • Nov 13, 2015 11:44am Nov 13, 2015 11:44am
Quoting Mooz
Roninho Do you still use the dashboard ........ Forum dashboard trading?
no ... the panel has to be used in another way ...

see that in this way, we need little and your Mt4 is not catching ... few indicators and only 12 pairs ... do not forget ... 2% per day,, turned a bill every 35 days,,, we need panel? we need 28 pairs, some with high spreads ...

good weekend for all friends
  • #33,177
  • Nov 13, 2015 1:13pm Nov 13, 2015 1:13pm
Today´s only 00-level trade (luckily compensated by some other winning trades).

USDCHF to SL.

No more trading on Friday the 13th for me ;-)
Have a good weekend.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 71 KB
Wisdom begins in wonder
  • #33,178
  • Nov 14, 2015 10:32am Nov 14, 2015 10:32am
2. Entry ONLY the FIRST 00 level

Can somebody explain this rule, because iam not really sure what it means.Thank you
  • #33,179
  • Nov 14, 2015 1:59pm Nov 14, 2015 1:59pm
Quoting FriendTrend
2. Entry ONLY the FIRST 00 level Can somebody explain this rule, because iam not really sure what it means.Thank you
The way I understand it unless I am wrong and please someone correct me if I am wrong:

You are on the H1 chart.
Clock is 09h58.
You wait till new candle.
Clock now 10h00 and candle close and a new candle start
You set a Pending order just points above for a BUY or points below for a SELL of the next 000 line.
IOW, pair is now at EURUSD 1.07685
You want to put in a BUY
You set pending order for 1.07705 (I think rule is to go for exactly 1.07700, but I like to go slightly higher then I am sure it cross the line.
That is the first 000 for the NEW hour and you only trade this 000 for this hour and no more. You don't go for the next one at say 1.07800 as that will be the second 000 for the same hour.
  • #33,180
  • Nov 15, 2015 2:12am Nov 15, 2015 2:12am
Quoting LuXing
Todays only 00-level trade (luckily compensated by some other winning trades). USDCHF to SL. No more trading on Friday the 13th for me ;-) Have a good weekend. LuXing {image}
Kinda curious why you didn't enter at 1.0065 which is the next level above the previous candle. That would have prevented the loss.
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