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As simple as possible: 00 level trading

  • #33,221
  • Nov 18, 2015 5:33am Nov 18, 2015 5:33am
Quoting LuXing
Todays trades: EURUSD and EURJPY both to TP. The EURJPY took a bit longer due to the fact that the EURUSD H4 was not in sync. However, it synced with GJ. LuXing {image}

Time always comes before price
  • #33,222
  • Nov 18, 2015 6:37am Nov 18, 2015 6:37am
Quoting LuXing
Yesterdays only trade: GBPJPY to TP. LuXing {image}
Yes, thanks for demonstrating patience.
  • #33,223
  • Nov 19, 2015 12:51am Nov 19, 2015 12:51am
My trades from yesterday:
Trade #1+2: EURUSD to TP
Trade #3+4: EURJPY to TP

For both pairs have been in synch confirmed by strength. A good day

Attached Image (click to enlarge)
Click to Enlarge Name: 20151118_LT_M15_EURUSD(1).PNG Size: 24 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 20151118_LT_M15_EURJPY(1).PNG Size: 26 KB
  • #33,224
  • Nov 19, 2015 12:54am Nov 19, 2015 12:54am
Today is starting good as well. My first 2 trades:
Trade #1: EURJPY to TP
Trade #2: GBPJPY to TP

EURJPY was showing great strentgh/weakness and was in synch with GBPJPY.

A great trading day to all!

Attached Image (click to enlarge)
Click to Enlarge Name: 20151119_LT_M15_EURJPY(1).PNG Size: 26 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 20151119_LT_M15_GBPJPY(1).PNG Size: 32 KB
  • #33,225
  • Nov 19, 2015 1:46am Nov 19, 2015 1:46am
Quoting fx-guy
Today is starting good as well. My first 2 trades: Trade #1: EURJPY to TP Trade #2: GBPJPY to TP EURJPY was showing great strentgh/weakness and was in synch with GBPJPY. A great trading day to all! {image} {image}
keep up the good work !

Asian session trades:

AUDUSD twice to TP
AUDJPY to TP
NZDUSD one TP and one SL
NZDJPY twice to TP, the first grabbing 10 pips
Last but not least: AUDCHF to TP

Grand total: +34.8 pips

LuXing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB
Click to Enlarge Name: Screenshot3.png Size: 49 KB
Click to Enlarge Name: Screenshot4.png Size: 50 KB
Click to Enlarge Name: Screenshot5.png Size: 49 KB
Click to Enlarge Name: Screenshot2.png Size: 48 KB
Wisdom begins in wonder
  • #33,226
  • Nov 19, 2015 2:36am Nov 19, 2015 2:36am
Quoting LuXing
{quote} keep up the good work ! Asian session trades: AUDUSD twice to TP AUDJPY to TP NZDUSD one TP and one SL NZDJPY twice to TP, the first grabbing 10 pips Last but not least: AUDCHF to TP Grand total: +34.8 pips LuXing {image} {image} {image} {image} {image}
Hi LuXing,

I don't understand your trading system rule, please explain and share your indicator and template if you can. Many thanks
  • #33,227
  • Nov 19, 2015 2:44am Nov 19, 2015 2:44am
Quoting Robinho
Very simple EUR JPY + 10 NZDJPY +5 {image}
Hi Robinho,

I understand the way you choose pair to trade, but I don't know how price will you get. Will you wait 2 indicator (AbsoluteStrengthHistogram and M-CandlesSW1) in the same colour (the both red or the both green)?

What are two indicator (AbsoluteStrengthHistogram and M-CandlesSW1) use for ?
  • #33,228
  • Nov 19, 2015 2:54am Nov 19, 2015 2:54am
Quoting LuXing
{quote} keep up the good work ! Asian session trades: AUDUSD twice to TP AUDJPY to TP NZDUSD one TP and one SL NZDJPY twice to TP, the first grabbing 10 pips Last but not least: AUDCHF to TP Grand total: +34.8 pips LuXing {image} {image} {image} {image} {image}
Looks like the nzdusd SL would have made it to BE . . . Nice trading!
  • #33,229
  • Nov 19, 2015 5:29am Nov 19, 2015 5:29am
Quoting bapakjason
{quote} Looks like the nzdusd SL would have made it to BE . . . Nice trading!
Yes, Iīd used BE or trailstop, this one would indeed have ended in a BreakEven.

NY Open trade: CHFJPY to TP.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB
Wisdom begins in wonder
  • #33,230
  • Nov 19, 2015 5:32am Nov 19, 2015 5:32am
Quoting LuXing
{quote} Yes, Id used BE or trailstop, this one would indeed have ended in a BreakEven. NY Open trade: CHFJPY to TP. LuXing {image}
As usual, weldone and thank you for showing your charts


Yomi.
Time always comes before price
  • #33,231
  • Nov 19, 2015 5:38am Nov 19, 2015 5:38am
Quoting theone3000
{quote} Hi LuXing, I don't understand your trading system rule, please explain
If you read the first hundred pages of the thread you will certainly understand !!!

Quoting theone3000
{quote} and share your indicator and template if you can. Many thanks
All the indicators I use are freely available in this thread. Click on the paperclip top right corner.
I donīt share my template, it contains confidential information about my live account.
If you are serious about your trading you should really make your own template anyway.

LuXing
Wisdom begins in wonder
  • #33,232
  • Nov 19, 2015 5:52am Nov 19, 2015 5:52am
Last one for today:

CADJPY to TP.

Happy trading to all !

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB
Wisdom begins in wonder
  • #33,233
  • Nov 19, 2015 5:52am Nov 19, 2015 5:52am
Quoting theone3000
{quote} Hi LuXing, I don't understand your trading system rule, please explain and share your indicator and template if you can. Many thanks
One thing I will tell you about his trading system/method is that he does his thing when there is evidence of strong trend (strength and momentum = Strong trend), that's why I like to call him Power play Man.....



Happy trading,
Yomi.
Time always comes before price
  • #33,234
  • Nov 19, 2015 7:30am Nov 19, 2015 7:30am
Quoting fxrabbi
{quote} One thing I will tell you about his trading system/method is that he does his thing when there is evidence of strong trend (strength and momentum = Strong trend), that's why I like to call him Power play Man..... Happy trading, Yomi.
Hi fxrabbi,

Look at LuXing's chart, I don't know how he confirm strong trend ? How price he get long or short ?
  • #33,235
  • Nov 19, 2015 8:35am Nov 19, 2015 8:35am
Quoting theone3000
{quote} Hi fxrabbi, Look at LuXing's chart, I don't know how he confirm strong trend ? How price he get long or short ?
That one you have to figure it out yourself, I have given you a lead......



Happy trading,
yomi.
Time always comes before price
  • #33,236
  • Nov 19, 2015 10:43am Nov 19, 2015 10:43am
Quoting LuXing
{quote} keep up the good work ! Asian session trades: AUDUSD twice to TP AUDJPY to TP NZDUSD one TP and one SL NZDJPY twice to TP, the first grabbing 10 pips Last but not least: AUDCHF to TP Grand total: +34.8 pips LuXing {image} {image} {image} {image} {image}
Thanks for the kind words! I reduced number of pairs I trade to EU, EJ, GU, GJ, AU, AJ, NU, NJ. It is still a lot... for me! But staying focused on these pairs only helps me to keep the right focus. Once I am able to consistently green I may start consider more pairs... but step-by-step
Btw, these were my only 2 trades today because of many news this afternoon... but hey... target of 10 pips achieved!

@Luxing: Impressive results as usual I see you are trading the asian as well from time to time. Are there certain triggers/situations for you to do so or is it just as time permits? Seems your trading is 100% to the same rules when trading asian session?

Thanks!
  • #33,237
  • Nov 19, 2015 10:56am Nov 19, 2015 10:56am
Aeseme, quick question...sorry if it been ask before, but for past three days...using autotrade and ALL of my orders have only been just "BUY"
I'm using EA version: mt4b890, on daily chart on EURJPY.
Thanks for your contribution.
  • #33,238
  • Nov 19, 2015 11:05am Nov 19, 2015 11:05am
i think you need to post in the dashboards thread

Quoting getting
Aeseme, quick question...sorry if it been ask before, but for past three days...using autotrade and ALL of my orders have only been just "BUY" I'm using EA version: mt4b890, on daily chart on EURJPY. Thanks for your contribution.
  • #33,239
  • Nov 19, 2015 12:10pm Nov 19, 2015 12:10pm
Quoting fx-guy
{quote} Thanks for the kind words! I reduced number of pairs I trade to EU, EJ, GU, GJ, AU, AJ, NU, NJ. It is still a lot... for me! But staying focused on these pairs only helps me to keep the right focus. Once I am able to consistently green I may start consider more pairs... but step-by-step Btw, these were my only 2 trades today because of many news this afternoon... but hey... target of 10 pips achieved! @Luxing: Impressive results as usual I see you are trading the asian as well from time to time. Are there certain triggers/situations...
"I reduced number of pairs I trade to EU, EJ, GU, GJ, AU, AJ, NU, NJ."
Good choice. Find Nasaps post on stats per pair, per day, per hour. Useful info.
As & Ns are excellent for the Asian and the NY session.

"Btw, these were my only 2 trades today because of many news this afternoon... but hey... target of 10 pips achieved!"
Good. Theres no such thing as "only two". Keep having "only two" every day and trust me, you ll do much better than most people.
If you can, once you get reasonably consistent results, trade microlots on a live account rather than demo. Different game altogether.

"Are there certain triggers/situations for you to do so or is it just as time permits?"
Yes. This "activity" has to pay the bills. In situations of plenty of high impact news during London and NY I prefer to get my pips in, rather than depending on potentially erratic market behaviour.

"Seems your trading is 100% to the same rules when trading asian session?"
I slightly "up" my criteria, in view of the fact that the markets only been open for little time (taking Sydney Open as a reference).
A part from that, the exact same rules apply.

Hope this answers your questions. Good luck !!!

LuXing
Wisdom begins in wonder
  • #33,240
  • Nov 19, 2015 12:23pm Nov 19, 2015 12:23pm
If I'm right should not have taken GBPJPY as there was GBP red news

Quoting fx-guy
Today is starting good as well. My first 2 trades: Trade #1: EURJPY to TP Trade #2: GBPJPY to TP EURJPY was showing great strentgh/weakness and was in synch with GBPJPY. A great trading day to all! {image} {image}
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