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As simple as possible: 00 level trading

  • #33,861
  • Mar 18, 2016 9:03am Mar 18, 2016 9:03am
Quoting Lioe
dear luxing, is my entry right? or just luck thank you {image} {image} {image}
Fantastic results Lioe, congratulations !

Some stoplosses, but you canīt win them all. Try and avoid entries if thereīs a pivot, resistance, support between your entry level and the TP level.

Keep up the good work and keep posting your charts !

LuXing
Wisdom begins in wonder
  • #33,862
  • Mar 18, 2016 9:43am Mar 18, 2016 9:43am
Quoting LuXing
{quote} Fantastic results Lioe, congratulations ! Some stoplosses, but you cant win them all. Try and avoid entries if theres a pivot, resistance, support between your entry level and the TP level. Keep up the good work and keep posting your charts ! LuXing
Thank you luxing
  • #33,863
  • Mar 18, 2016 10:40am Mar 18, 2016 10:40am
Lioe,

Maybe stop trading Franfurt Open, it is known for many false breakouts.
I saw some SL in your charts at Frankfurt open, they could have been prevented, but on the other hand i don't know how many profits you got at Franfurt open, maybe it's worth it.
Persistence will get it. Consistency will keep it.
  • #33,864
  • Mar 18, 2016 10:41am Mar 18, 2016 10:41am
GBPAUD to TP.

LuXing
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  • #33,865
  • Mar 18, 2016 10:43am Mar 18, 2016 10:43am
NZDUSD to TP

LuXing
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  • #33,866
  • Mar 18, 2016 10:47am Mar 18, 2016 10:47am
AUDUSD to TP

Against the rules (no short at 100 levels), but I will do the burpees.

LuXing
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  • #33,867
  • Mar 19, 2016 8:27am Mar 19, 2016 8:27am
Gav,

Here goes.

LuXing
Wisdom begins in wonder
  • #33,868
  • Mar 19, 2016 8:41am Mar 19, 2016 8:41am
Quoting LuXing
Gav, Here goes. LuXing
  • #33,869
  • Mar 20, 2016 7:59am Mar 20, 2016 7:59am
Quoting LuXing
AUDUSD to TP Against the rules (no short at 100 levels), but I will do the burpees. LuXing {image}
Nice Luxing I have always eyes on you! Keep green my friend! 😜

Alin
  • #33,870
  • Mar 21, 2016 3:03pm Mar 21, 2016 3:03pm
Hi all,
I had a break from trading for a bit after trying this system with different SL's and TP's, which combined with bad entries, didn't work out.
I'm glad I got it out of my system.
Currently using 6TP and 9SL.
Still learning a lot and trying to master the mental side of things to pick high probability entries.
I tend to focus mainly on trades where PA is re-testing a level that has recently been reached and where PA rejects higher/lower levels.
A few trades from LO this morning:

CHFJPY TP (M5)
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USDCHF TP (M5)
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EURJPY TP (M5)
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  • #33,871
  • Mar 21, 2016 3:16pm Mar 21, 2016 3:16pm
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  • #33,872
  • Mar 22, 2016 7:37am Mar 22, 2016 7:37am
wrong here (((
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should wait until M30 close..

Stay Positive, Multimillion
"All will be correctly, in this world is built" - The Master and Margarita
  • #33,873
  • Edited 3:15pm Mar 22, 2016 2:16pm | Edited 3:15pm
Quoting ender600ro
{image}{image}{image}
Nice ender600ro

My trades today:

#1 GBPAUD to TP
#2 EURGBP to TP
#3 GBPCAD to TP
#4 NZDCAD to TP
#5 GBPCAD to TP again
#6 AUDUSD to TP

LuXing
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Wisdom begins in wonder
  • #33,874
  • Mar 22, 2016 2:22pm Mar 22, 2016 2:22pm
Quoting Multimillion
wrong here ((( {image} should wait until M30 close.. Stay Positive, Multimillion
General thoughts:

1. GCAD, GAUD, ECAD, EAUD, GNZD, ENZD are volatile pairs, maybe too volatile for you
2. Don' t trade on M5, it's noisy and a recipee for disaster, unless you have the same PA and pattern skills as Masterrmind
3. I don't know what the lines (MA?) and arrows on your chart represent, but if its given you "an entry signal" it's crap.
GBPAUD has continuously dropped almost 400 (!!!) pips since Tokyo open and yet you managed to trade the sole pullback, after a 76 pips H1 candle (almost twice the usual H1 candle size)...

LuXing
Wisdom begins in wonder
  • #33,875
  • Mar 22, 2016 3:17pm Mar 22, 2016 3:17pm
Quoting LuXing
{quote} Nice ender600ro My trades today: #1 GBPAUD to TP #2 EURGBP to TP #3 GBPCAD to TP #4 NZDCAD to TP #5 GBPCAD to TP again #6 AUDUSD to TP LuXing {image} {image} {image} {image} {image} {image}
Thanks bro and you like always clean and tidy! Keep green!
  • #33,876
  • Mar 23, 2016 4:03am Mar 23, 2016 4:03am
FFO trades:

NZDUSD & NZDJPY to TP
In spite of the DS1 "in the way" in the NZDUSD, NZD was so weak that I decided to take the trade anyway.

LuXing
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  • #33,877
  • Mar 23, 2016 4:07am Mar 23, 2016 4:07am
London Open trades:

NZDCAD & USDJPY to TP

LuXing
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  • #33,878
  • Mar 23, 2016 4:44am Mar 23, 2016 4:44am
Bit of a NZD selloff...
Another NZDCAD to TP.

LuXing
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  • #33,879
  • Edited 6:12am Mar 23, 2016 6:00am | Edited 6:12am
Quoting LuXing
{quote} General thoughts: 1. GCAD, GAUD, ECAD, EAUD, GNZD, ENZD are volatile pairs, maybe too volatile for you 2. Don' t trade on M5, it's noisy and a recipee for disaster, unless you have the same PA and pattern skills as Masterrmind 3. I don't know what the lines (MA?) and arrows on your chart represent, but if its given you "an entry signal" it's crap. GBPAUD has continuously dropped almost 400 (!!!) pips since Tokyo open and yet you managed to trade the sole pullback, after a 76 pips H1 candle (almost twice the usual H1 candle size)... LuXing...
Thanks for your comments. You are right - it was not clear trade.
1. The MA and fractals on chart it is not triggers off course.
2. I am trying to stay with M30 entrance but also look into M5 situation to go further with PA understanding
3. You trade different setups in diff situations. Can you comment your USDJPY? I believe there was the entry point on the M5 chart? Tell me why not 112.500 гаеук first M5 closed? Maybe you were waiting untill H4 became green with next M5 close at least?
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This is my one today
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M5 view
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Stay positive, Multimillion
"All will be correctly, in this world is built" - The Master and Margarita
  • #33,880
  • Mar 23, 2016 6:32am Mar 23, 2016 6:32am
Quoting Multimillion
{quote} Thanks for your comments. You are right - it was not clear trade. 1. The MA and fractals on chart it is not triggers off course. 2. I am trying to stay with M30 entrance but also look into M5 situation to go further with PA understanding 3. You trade different setups in diff situations. Can you comment your USDJPY? I believe there was the entry point on the M5 chart? Tell me why not 112.500 гаеук first M5 closed? Maybe you were waiting untill H4 became green with next M5 close at least? {image} This is my one...
USDJPY convincingly broke the Previous Day' s High, H4 turned green from the 400 level already (my H4 open was 112.445).
When it had cleared PDH by 5-6 pips, and H4 was green, I put in a pending order.
I don't look at M5 TF Multimillion, so I really do not know what you are referring to when you talk about the next M5 close.

Your CADJPY was a bit risky IMHO, there are 3 reasons I did not take it.

1. look left what happened when PA repeatedly bounced off the .200 level.
2. previous M30 candle was bearish
3. current M30 was crossing the Daily Open and might very well have closed below the D.O.

LuXing
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