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As simple as possible: 00 level trading

  • #33,401
  • Dec 7, 2015 4:27pm Dec 7, 2015 4:27pm
Quoting ppuruswani
{quote} Hi snail- can you please share your template- i am not able to find MTF_indicator- Regard's
Snail won t share anything, but his dark green pips.
You will need to fill out the appropriate forms in the attachments section and give your Bank Account number

LuXing
Wisdom begins in wonder
  • #33,402
  • Dec 7, 2015 8:51pm Dec 7, 2015 8:51pm
Quoting LuXing
{quote} Snail won t share anything, but his dark green pips. You will need to fill out the appropriate forms in the attachments section and give your Bank Account number LuXing

Thanks for advising Luxing- the reason i asked because i downloaded indi and template from 1 post- and when i compare with your screenshot i found that some indi are missing example- the long candle in right and the CAN M1,M5,M15,M30 in right top corner-

of-course you also get it from somewhere or you are the inventor of these indicator?
  • #33,403
  • Dec 8, 2015 2:11am Dec 8, 2015 2:11am
Todayīs first trade: EURUSD to TP

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 51 KB
Wisdom begins in wonder
  • #33,404
  • Dec 8, 2015 2:25am Dec 8, 2015 2:25am
Quoting LuXing
Todays first trade: EURUSD to TP LuXing {image}
Hi there. I opted for EJ. :nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY+M15+p.png Size: 89 KB
  • #33,405
  • Dec 8, 2015 2:44am Dec 8, 2015 2:44am
GBP (M15) +15pips.



Trade Ideas:

1. The talking Stochs - Rope.
2. Sync in pair.
3. Strength.
4. Momentum.


Cheers,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 56 KB
Time always comes before price
  • #33,406
  • Dec 8, 2015 3:03am Dec 8, 2015 3:03am
GJ 15 min ABCD
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY+M15+p.png Size: 94 KB
  • #33,407
  • Dec 8, 2015 4:08am Dec 8, 2015 4:08am
2 trades before dinner. :nerd:

CHFJPY - ABCD is a possible outcome, but there is marked SD line.

USDCHF - ABCD is a possible outcome, missed entry at 0.99800 level by some pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CHFJPY+M15+p.png Size: 93 KB
Click to Enlarge Name: USDCHF+M15+p.png Size: 87 KB
  • #33,408
  • Dec 8, 2015 4:41am Dec 8, 2015 4:41am
Quoting LuXing
{quote} Congratulations & keep at it Kefx ! Not to bring you (or your results) down, but today was "an easy day". Ill be watching your charts. LuXing
Thanks LuXing - what I need to learn is how to be successful on "hard days" - if only it was always like it was yesterday; would be an easy game. That is the reason I decided to post all my trades from now, winners and losers, and hopefully get some tips from successful traders like yourself.
  • #33,409
  • Dec 8, 2015 4:48am Dec 8, 2015 4:48am
Managed to get in a couple more...

EURAUD to TP
AUDCHF to TP
AUDNZD to TP
CADJPY to TP
GBPCHF to TP, this one was triggered well before GBP red news.

LuXing
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot2.png Size: 76 KB
Click to Enlarge Name: Screenshot3.png Size: 68 KB
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Click to Enlarge Name: Screenshot5.png Size: 81 KB
Wisdom begins in wonder
  • #33,410
  • Edited 5:45am Dec 8, 2015 4:49am | Edited 5:45am
Tough day at the office ! Trades from London open here.

1- EURAUD - stopped at BE
2- EURCAD - stopped SL
3- EURGBP - stopped at BE
4- EURGBP - stopped SL

Got unlucky with some of the trades which spiked near BRN but ended up past my TP - learning point for me.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1 EURAUD BE.JPG Size: 247 KB
Click to Enlarge Name: 2 EURCAD SL.JPG Size: 214 KB
Click to Enlarge Name: 3 - EURGBP BE.JPG Size: 209 KB
Click to Enlarge Name: 4 -EURGBP SL.JPG Size: 195 KB
  • #33,411
  • Dec 8, 2015 6:24am Dec 8, 2015 6:24am
Quoting snail69
2 trades before dinner. :nerd: CHFJPY - ABCD is a possible outcome, but there is marked SD line. USDCHF - ABCD is a possible outcome, missed entry at 0.99800 level by some pips. {image} {image}
Update - it took a while, but both ABCD's reached their destination.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CHFJPY+USDCHF+a.png Size: 49 KB
Click to Enlarge Name: CHFJPY+USDCHF+M15.png Size: 52 KB
  • #33,412
  • Dec 8, 2015 7:18am Dec 8, 2015 7:18am
strong JPY

GBP, AUD, NZD and CAD weak
Attached Image (click to enlarge)
Click to Enlarge Name: 08 12 2015.png Size: 46 KB
  • #33,413
  • Dec 8, 2015 7:22am Dec 8, 2015 7:22am
EURUSD [M5]

+5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 48 KB


Pending Buy Stop via MT4 and closed by EA.... out of NY open......

Masterrmind...........
Master your Mind then Master your Trades
  • #33,414
  • Dec 8, 2015 7:30am Dec 8, 2015 7:30am
USDJPY [M5]

+5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 45 KB


pending order by Udine script and controlled by EA

An easy 4% gain in 2 simple trades.......

Masterrmind............
Master your Mind then Master your Trades
  • #33,415
  • Dec 8, 2015 10:21am Dec 8, 2015 10:21am
Quoting Masterrmind
USDJPY [M5] +5 TP {image} pending order by Udine script and controlled by EA An easy 4% gain in 2 simple trades....... Masterrmind............

By Far one of the greatest here on FF!!!

Today was a very tough day for EURJPY and there was signals that made a loss, i dont understand how everybody else managed to leave that pair and not even touch it, maybe im missing something or maybe im just stupid but i do want to learn so im gona ask, personaly i managed to stay out because i reached my target on the second hour of trading so i was lucky, some of the trades the other guys took on other pairs i took the exact identical trades and got the exact results so that tells me im not doing anything wrong, but i would like to know how people managed to not trade EURJPY............oh and please dont tell me its because that pair is going sideways because when the signals came we didnt know that it was in a range, please guys give me an answer, im eager to learn
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #33,416
  • Dec 8, 2015 10:31am Dec 8, 2015 10:31am
Quoting LuXing
Managed to get in a couple more... EURAUD to TP AUDCHF to TP AUDNZD to TP CADJPY to TP GBPCHF to TP, this one was triggered well before GBP red news. LuXing {image} {image} {image} {image} {image}

Hi, LuXing

Please, could you "explain" your trade : AUD/CHF ?

Thanks in Advance.

Best regards

BBF
BigBlackfeet Always on the(forex) war path !
  • #33,417
  • Dec 8, 2015 1:58pm Dec 8, 2015 1:58pm
Quoting Soros
{quote} By Far one of the greatest here on FF!!! Today was a very tough day for EURJPY and there was signals that made a loss, i dont understand how everybody else managed to leave that pair and not even touch it, maybe im missing something or maybe im just stupid but i do want to learn so im gona ask, personaly i managed to stay out because i reached my target on the second hour of trading so i was lucky, some of the trades the other guys took on other pairs i took the exact identical trades and got the exact results...
Struggling also sometimes with the selection of the right battles. Actually, I think this is what makes the difference in being successful or not with this system (and probably many others ). So if someone has a good answer to your point I would be curious as well!
Maybe it was strength and correlation, don't recall how this looked like at that time. Or Maybe it was just one of the cases where the system failed...

In short, I probably would have gotten trapped by EURJPY today as well... I guess I was just lucky that I was very limited in time today and thus only watching EURUSD which gave me 2 hits!

Trade #1&2: EURUSD to TP (both)

Green pips to all!

Attached Image (click to enlarge)
Click to Enlarge Name: 20151208_LT_M15_EURUSD(1).PNG Size: 37 KB
  • #33,418
  • Dec 8, 2015 2:13pm Dec 8, 2015 2:13pm
Quoting Kefx
Tough day at the office ! Trades from London open here. 1- EURAUD - stopped at BE 2- EURCAD - stopped SL 3- EURGBP - stopped at BE 4- EURGBP - stopped SL Got unlucky with some of the trades which spiked near BRN but ended up past my TP - learning point for me. {image} {image} {image} {image}
Right, letīs see. No time for feedback on the charts, but a couple of observations.

1. EAUD & ECAD have "high" candle sizes in pips, see screenshot below. On top of that, I see a whopping 3+ pips spread.
What happens when you set a pending to go long at letīs say .200 ? You get filled when price reaches .170, if price only pulls back half of the ABR your screwed with a 10 pip SL. My advice: stay clear of these pairs (for now).
2. You trade AUD and CAD, but how come youīre not watching these in psy levels ?
3. EURGBP is (like ECHF) a typical range bound pair. Although the spread as % of daily range (cost of business !) is not bad, itīs not the best of choices because it has a rather crappy daily range. Iīd stay clear of this one for now too.

"Got unlucky with some of the trades".
No such thing as unlucky, this is a business of probabilities.
You pick a trade to the very best of your knowledge, if it goes against you thatīs just the way it is... Start over again and wait for the next opportunity ;-)

Keep at it, perseverance is important.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 21 KB
Wisdom begins in wonder
  • #33,419
  • Dec 8, 2015 2:23pm Dec 8, 2015 2:23pm
Quoting Soros
{quote} By Far one of the greatest here on FF!!! Today was a very tough day for EURJPY and there was signals that made a loss, i dont understand how everybody else managed to leave that pair and not even touch it, maybe im missing something or maybe im just stupid but i do want to learn so im gona ask, personaly i managed to stay out because i reached my target on the second hour of trading so i was lucky, some of the trades the other guys took on other pairs i took the...
How do you mean, "there was signals" ?
I ripped the Giraia currency screenshot off Kefxīs chart. The quote of Robinho.
In terms of currency strength, EURJPY does not strike me as a super setup at all (EURUSD was at London Open, but only during 15 minutes or so).
So you are telling me you got signals on this pair, but you are wondering why other people managed not to trade that pair ?
Just my opinion, I think you are wondering "the wrong thing". You should maybe wonder about your signals ?
To make things easy, but really easy: why donīt you look at a currency pair using the Giraia strength indi and a M15-H4 heatmap and play the weakest against the strongest once all TFs line up ?

LuXing
Attached Images
Wisdom begins in wonder
  • #33,420
  • Dec 8, 2015 3:14pm Dec 8, 2015 3:14pm
Quoting LuXing
{quote} How do you mean, "there was signals" ? I ripped the Giraia currency screenshot off Kefxs chart. The quote of Robinho. In terms of currency strength, EURJPY does not strike me as a super setup at all (EURUSD was at London Open, but only during 15 minutes or so). So you are telling me you got signals on this pair, but you are wondering why other people managed not to trade that pair ? Just my opinion, I think you are wondering "the wrong thing". You should maybe wonder about your signals ? To make things easy, but really easy: why dont you...

Agreeeeed

Checked my full potential list of the day (done automatically) and EURJPY was never had any chance

Still learning from all of you
thanx for the good work and demonstrations here, seeing all those great trade done so easily is a great Motivation for me and all
Thank you guys again

green pips to all
cheers
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