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As simple as possible: 00 level trading

  • #33,761
  • Mar 3, 2016 5:17am Mar 3, 2016 5:17am
Quoting the bourne
thx LuXing I managed to make Speedometer V4 excel work on my Pc no way for foregrail excel ,the file seems to be too much old and does not update in the usual mode about GAP trading ,it seems that the only source for the original method explanation are these fragmentary posts by MariaLuiza and the final touch is the poor English explanation she gave (no offense) so about GAP Excel we have: lack of infos not clear rules poor explanation I will try the hard way by myself in the next days,maybe your RH CCY Magic could be enough for trades picking but...
Of course Nasap or JibalaPasan will not come and post there formula's and we will start copy pasting them and get rich A short-cut like this doesn't exist in Forex.

I start my own excel not long time ago, with more then 8-10 hours per day working and documentation , including weekend's and I can tell you that all there trades are real, and all the info this girl's provide can be enough to match a approximate trading style with there trading style. Of course a student can't exceed the teacher in any reasonable time. So there is always something new to learn.

Since in this thread are a lot of veterans and they where here with nasap from begin I am curios if any of them manage to match nasap correlation number since we know how important it was that. That should be easy no? You have all historical data in forex, you can try diverse reverse-engineer methods.

Probably most of them just use a 15 Min Correlation since the thread start on M15 in the begin , or just ignore correlation this days, because they chose different trading style, and they stop trying to match nasap trading style.

So take it in easy steep's one by one, and in the end the puzzle will look more complete.

Since my English is even poor then JibalaPasan one , I hope this is not hard to understand

Project 13et
By failing to prepare, you are preparing to fail.
  • #33,762
  • Mar 3, 2016 5:59am Mar 3, 2016 5:59am
Quoting the bourne
thx LuXing I managed to make Speedometer V4 excel work on my Pc no way for foregrail excel ,the file seems to be too much old and does not update in the usual mode about GAP trading ,it seems that the only source for the original method explanation are these fragmentary posts by MariaLuiza and the final touch is the poor English explanation she gave (no offense) so about GAP Excel we have: lack of infos not clear rules poor explanation I will try the hard way by myself in the next days,maybe your RH CCY Magic could be enough for trades picking but...
Forexgrail should work spotlessly on any Windoze OS version and any Office version (although on OpenOffice it might be a bit harder to get it to work).
Thereīs plenty of ppl (on different threads) who can help you out with the tecnicalities, just post the exact description of problem including screenshots.
In the gap trading thread, the forexgrail thread, dashboard trading thread, etc. you should find an answer to the most common questions.

Regarding Gap Trading thereīs loads of information (again in various different threads) and looking for the pieces will take quite some reading time.
As for lack of clear rules in gap trading, every trader interprets information a different way and draws up his/her own set of rules.
Since this gap trading is relatively "young", I am afraid you will have to make the rules yourself !!!

Regarding 00-level trading, every trader applies different techniques (price action, patterns, currency strength, ...)
Again, you have your (psychological price) lines in the sand and apply whatever additional trading technique(s) you master.
Hope this helps.

LuXing
Wisdom begins in wonder
  • #33,763
  • Mar 3, 2016 6:10am Mar 3, 2016 6:10am
Busy day at the office.

Trade #1: NZDJPY to TP
Trade #2: EURJPY to TP
Trade #3: CADJPY to TP
Trade #4: AUDCAD to TP
Trade #5: GBPCAD to TP
Trade #6: EURCAD to TP
Trade #7: NZDCAD to TP
Trade #8: CADCHF to TP
Trade #9: EURCAD to TP


LuXing
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Wisdom begins in wonder
  • #33,764
  • Mar 3, 2016 6:11am Mar 3, 2016 6:11am
Bonus trade of the day. Yes, another CADCHF

Time for some rest now.

LuXing
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Wisdom begins in wonder
  • #33,765
  • Mar 3, 2016 1:10pm Mar 3, 2016 1:10pm
Quoting project13et
{quote} Of course Nasap or JibalaPasan will not come and post there formula's and we will start copy pasting them and get rich A short-cut like this doesn't exist in Forex. I start my own excel not long time ago, with more then 8-10 hours per day working and documentation , including weekend's and I can tell you that all there trades are real, and all the info this girl's provide can be enough to match a approximate trading style with there trading style. Of course a student can't exceed the teacher in any reasonable time....
I start my own excel not long time ago
Great stuff project13et. Itīs a hell of a task, but very rewarding so I wish you all the best of wisdom and luck !

always something new to learn
Yes, learning is growing. I am learning new trading related stuff every day !!!

manage to match nasap correlation number
Yes and no. Top down or bottom up ? The chicken or the egg ?
It is impossible to reverse engineer tick based data, unless you were to video 24/24 and/or take screenshots in 1/10th second intervals.
What is much more interesting rather than reverse engineering or replicating, is to understand the nature of the correlation strength tiger...
Once you understand and master the tigerīs character, you can manage it at your will.

my English is even poor
Good enough for me to understand. Remember, we are all here to learn and grow and from my point of view you are doing an excellent job at it
Last time you will see me on FF is the day there is nothing to help grow other traders anymore.

As usual, all the best of luck and green pips to you.

LuXing
Wisdom begins in wonder
  • #33,766
  • Mar 3, 2016 1:55pm Mar 3, 2016 1:55pm
Thx everybody for the comments

today I've tried 2\3 entries

EJ hitted my stopLoss at the London opening,entered Long at 124.100,the first H1 candle started green,everything was aligned,activated my long entry,then turned south

GJ was not viable at the London opening 'cos price was dancing just below 161.00,and 160.900 is a no -trade-long as x Udine's rools

AUDCAD,the "exotic" pair cherry-picked with RH CCY MAgic indicator,did the same of EJ,fake green rising candle H1-it was green at the beginning of the London Session,turned red a few minutes later- all indicator aligned ,pending buy activated at 98.300,stop loss hitted at 98.200

maybe I'm just lucky
or maybe I shouldn't use H1 candles

sorry no pics
at another PC now

LuXing,your charts are very interesting
how did you come up with that pair selection? NZDJPY ,EURJPY,CADJPY,AUDCAD,GBPCAD,EURCAD,NZDCAD, CADCHF,EURCAD
any tips?
obviously YEN and CAD gave you some clues
congrats
too bad I can't trade Asian Session
DO UT DES
  • #33,767
  • Edited 2:21pm Mar 3, 2016 2:05pm | Edited 2:21pm
Quoting the bourne
Thx everybody for the comments today I've tried 2\3 entries EJ hitted my stopLoss at the London opening,entered Long at 124.100,the first H1 candle started green,everything was aligned,activated my long entry,then turned south GJ was not viable at the London opening 'cos price was dancing just below 161.00,and 160.900 is a no -trade-long as x Udine's rools AUDCAD,the "exotic" pair cherry-picked with RH CCY MAgic indicator,did the same of EJ,fake green rising candle H1-it was green at the beginning of the London Session,turned red a few minutes later-...
EJ hitted my stopLoss at the London opening
Word of advice: DO NOT trade until the close of the first M5 candle.
If you do you are either "Done for the day" or you have a really sore ass. Same for AUDCAD, would have kept you from misery.

how did you come up with that pair selection?
1 x 8, 2 x 7, ... The compiled version of the currency strength meter I posted does all the hard work for you.
Red (the 2 weakest currencies) and green are really good tell tales. Add a bit of common sense and all of a sudden youre at 80% probability.

too bad I can't trade Asian Session
Of course you can, I sacrifice sleep too...

LuXing

EDIT: until the close of the first M5 candle of Tokyo, FF, London, NY open
Wisdom begins in wonder
  • #33,768
  • Mar 3, 2016 11:26pm Mar 3, 2016 11:26pm
Morning Luxing,

Is the pivot indicator you use in the thread somewhere? I have searched but to no avail.

Thanks in advance.
We're all just one trade away from humility.
  • #33,769
  • Mar 4, 2016 6:03am Mar 4, 2016 6:03am
Todayīs Tokyo session trades.

#1 CHFJPY to TP
#2 NZDCAD to TP
#3 AUDCHF to TP

LuXing
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Wisdom begins in wonder
  • #33,770
  • Mar 4, 2016 6:14am Mar 4, 2016 6:14am
@The Bourne

This is what I was referring to, the difference between done for the day and a sore ass....

London Opens, I am ready to short GBPAUD at the BRN, but I force myself and I donīt. Instead, I get a coffee and wait for the first M5 candle to close to see what happens. The first M5 candle opens at 192.026, PA goes down and comes within less than 0.5 pip from the BRN.
Not unthinkable at all a pending order would have been triggered.
What happens next ? Price shoots up more than 25 pips !!!
I short 10 minutes after and get a clean +8 pips, no hassle.

LuXing
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Wisdom begins in wonder
  • #33,771
  • Mar 4, 2016 6:17am Mar 4, 2016 6:17am
Quoting Drewas
Morning Luxing, Is the pivot indicator you use in the thread somewhere? I have searched but to no avail. Thanks in advance.
Afternoon,

Kindly use the search function, youīll find the answer to your question on the first page of the search results !!!

LuXing
Attached Image
Wisdom begins in wonder
  • #33,772
  • Mar 4, 2016 8:53am Mar 4, 2016 8:53am
Couldnīt resist.

AUDJPY and NZDJPY to TP.

Really done for today now.

LuXing
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Wisdom begins in wonder
  • #33,773
  • Mar 4, 2016 10:28am Mar 4, 2016 10:28am
Very nice Luxing I start to follow you on twitter
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You know how to fix ASH to have look like in another pic please? I search everyware and I don't find!

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Thanks in advance! Nice weekend to all!!!
  • #33,774
  • Mar 4, 2016 7:33pm Mar 4, 2016 7:33pm
Quoting LuXing
@The Bourne This is what I was referring to, the difference between done for the day and a sore ass.... {image}
Great example LuXing. Many thanks for this and your charts
Do good and disappear...
  • #33,775
  • Mar 5, 2016 1:37am Mar 5, 2016 1:37am
Quoting ender600ro
Very nice Luxing I start to follow you on twitter {image} You know how to fix ASH to have look like in another pic please? I search everyware and I don't find! {image} Thanks in advance! Nice weekend to all!!!
I donīt know how to fix it.

This and this post shed light on what you are trying to do.

All the best.

LuXing
Wisdom begins in wonder
  • #33,776
  • Mar 5, 2016 5:06am Mar 5, 2016 5:06am
Quoting LuXing
{quote} I dont know how to fix it. This and this post shed light on what you are trying to do. All the best. LuXing
Many thanks!

Alin
  • #33,777
  • Mar 5, 2016 5:57am Mar 5, 2016 5:57am
Quoting nasap
{quote} There is not so much to understand about, just open your eyes! Therefore lets have a closer look on a chart. {image} {image} The 1st layer (indicator window 2) M-CanlesSW1 (Green/Maroon), 2nd HA_SWAlert (OliveDrab/FireBrick)), 3rd AbsoluteStrengthHisto2 (Lime/Red). I think it doesn't need further explanations because it is clear that it works as an additional filter and keeps you away from taking false signals. Regards nasap
Nathalia is a blessing for this thread and for us!
  • #33,778
  • Mar 7, 2016 10:50am Mar 7, 2016 10:50am
Hello all! I am sorry for my poor english every time when I whrite ! I want to thanks a lot to big job of Udine and another people like Jibala,nasap,sniper and all another one on this thread who help to improve this system and I am very happy to know people like you and to make a part of this! Just for learning for now , but for me the biggest helper of all it was Luxing and I think about you are simple....perfect! I want to thank you so much for your big personaly help and YES you have right, this thread should be reading before start to ask for same question...
I put this 2 trading for my victory but my victory is becouse you, people, give as the possibility to learn and I want to thanks again and again!

p.s. Something is not accourding with all the rules but for me it is a victory...I have another one too...

Now I find on this thred BuySellGlobal and simply Buy00 and sell00 and I set hotkey and it work very fine for me becouse this detect the BRN too I want to ask you if someoane could share or modify this 2 for Buy50 and Sell50


At the last God bless you all and ONLY green for all!

p.s.2 I will do that trade after my job, I am ceiling fixer , and I do it after come home from my job!
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  • #33,779
  • Mar 7, 2016 11:58am Mar 7, 2016 11:58am
Quoting ender600ro
p.s.2 I will do that trade after my job, I am ceiling fixer ,{image}
Congratulations looks like there is no 'ceiling' to your success with this system

The trades appear to be against the rules? ie trading towards daily open?
We're all just one trade away from humility.
  • #33,780
  • Mar 7, 2016 12:35pm Mar 7, 2016 12:35pm
Quoting Drewas
{quote} Congratulations looks like there is no 'ceiling' to your success with this system The trades appear to be against the rules? ie trading towards daily open?
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