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As simple as possible: 00 level trading

  • #34,261
  • May 29, 2016 10:01pm May 29, 2016 10:01pm
Quoting Juan007
eurjpy 5 {image}
Hi, very like your template platform, could you share it please,

Very Thanks Juan007
  • #34,262
  • May 31, 2016 4:33am May 31, 2016 4:33am
Some trades to keep the thread alive.
Anyway, in the last days I experience lack of sustained trends, sudden inexplicable moves, in general difficult to spot good setups.

#1 USDJPY to SL
#2 USDJPY to TP
#3 GBPUSD to TP
#4 AUDJPY to TP

Bubincka
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UJ-SL-TP.jpg Size: 332 KB
Click to Enlarge Name: GU-TP.jpg Size: 511 KB
Click to Enlarge Name: AJ-TP.jpg Size: 413 KB
Porta itineris dicitur longissima esse
  • #34,263
  • May 31, 2016 5:45am May 31, 2016 5:45am
More trades.

#5 EURJPY to TP (x2)
#6 AUDUSD to TP (x2)
#7 AUDJPY to TP (x2)
#8 USDCHF toTP

Bubincka
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ-TP.jpg Size: 358 KB
Click to Enlarge Name: AU-TP.jpg Size: 338 KB
Click to Enlarge Name: AJ-TP.jpg Size: 401 KB
Click to Enlarge Name: UCHF-TP.jpg Size: 305 KB
Porta itineris dicitur longissima esse
  • #34,264
  • May 31, 2016 5:49am May 31, 2016 5:49am
Bubincka,
You are here since the beginning and never gave up.. Now I can see the results coming in.. Bravo..
  • #34,265
  • May 31, 2016 7:30am May 31, 2016 7:30am
Quoting bluejack
Bubincka, You are here since the beginning and never gave up.. Now I can see the results coming in.. Bravo..
Thank you bluejack.

Little by little I'm getting closer, across a lot of up and down. When I began to trade this strategy I started to adopt currency meters as soon as they appeared in the thread, but after a a few time I left them behind because I wanted to trade 100% according Udine's rules. After having discovered that I wasn't able to trade that way I returned to develop my indies based mainly on currency strength meters. According to me the bottom line is that each strategy has to be modified to suit your skills like a tailored suit. The model I follow is fellow trader LuXing that trades according to this concept and with his hints and charts has pointed me in the right way.

Best regards,
Bubinka
Porta itineris dicitur longissima esse
  • #34,266
  • May 31, 2016 7:45am May 31, 2016 7:45am
Quoting bubincka
More trades. #5 EURJPY to TP (x2) #6 AUDUSD to TP (x2) #7 AUDJPY to TP (x2) #8 USDCHF toTP Bubincka {image} {image} {image} {image}
Bubinca,
Thanks for posting. Could you post your template ?

Thanks.
  • #34,267
  • May 31, 2016 8:22am May 31, 2016 8:22am
Quoting MidnightRun
{quote} Bubinca, Thanks for posting. Could you post your template ? Thanks.
Hi MidnightRun,

here's the template. Apart StrengthLines indie posted on #34724 you can find all the other indicators on this thread.

Best regards,
Bubincka
Attached File(s)
File Type: tpl template_basic.tpl   220 KB | 628 downloads
Porta itineris dicitur longissima esse
  • #34,268
  • May 31, 2016 8:24am May 31, 2016 8:24am
Quoting bubincka
{quote} Hi MidnightRun, here's the template. Apart StrengthLines indie posted on #34724 you can find all the other indicators on this thread. Best regards, Bubincka {file}
Thanks!
  • #34,269
  • May 31, 2016 8:36am May 31, 2016 8:36am
One more.

#9 EURJPY to TP

Bubincka
Attached Image (click to enlarge)
Click to Enlarge Name: EJ-TP.jpg Size: 362 KB
Porta itineris dicitur longissima esse
  • #34,270
  • Jun 1, 2016 6:12am Jun 1, 2016 6:12am
Today trades.

#1 AUDJPY to TP
#2 EURUSD to TP

Bubincka
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AJ-TP.jpg Size: 466 KB
Click to Enlarge Name: EU-TP.jpg Size: 427 KB
Porta itineris dicitur longissima esse
  • #34,271
  • Jun 1, 2016 9:38am Jun 1, 2016 9:38am
Quoting bubincka
Today trades. #1 AUDJPY to TP #2 EURUSD to TP Bubincka {image} {image}
Great trades ! Congratulations on the good results !!

I have not had any time at all to trade during the last couple of days, today EURCAD and GBPJPY both to TP.

LuXing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 61 KB
Click to Enlarge Name: Screenshot3.png Size: 64 KB
Wisdom begins in wonder
  • #34,272
  • Jun 2, 2016 6:40am Jun 2, 2016 6:40am
Hi guys. It's time to celebrate - it's exactly 2 years from the 1st post of this great thread!
Many thanks to Udine for sharing this system and to all contributors!
I'm learning it now, hope to catch it up in the next couple of years )
  • #34,273
  • Jun 2, 2016 8:39am Jun 2, 2016 8:39am
AUDJPY & CADJPY to TP.

LuXing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 60 KB
Click to Enlarge Name: Screenshot2.png Size: 57 KB
Wisdom begins in wonder
  • #34,274
  • Jun 3, 2016 2:41am Jun 3, 2016 2:41am
Thank you all for contribution. I have been on demo with great success with this trading style. I blew up 1 small live account which I have learnt a lot about controlling my emotion and money management. Now I only trade live but still more to learn. All comments are welcome. Thank you

Today London session
AUDUSD +5
NZDUSD +5
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDeM30.png Size: 23 KB
Click to Enlarge Name: NZDUSDeM30.png Size: 23 KB
  • #34,275
  • Jun 3, 2016 3:13am Jun 3, 2016 3:13am
Quoting eak154
Thank you all for contribution. I have been on demo with great success with this trading style. I blew up 1 small live account which I have learnt a lot about controlling my emotion and money management. Now I only trade live but still more to learn. All comments are welcome. Thank you Today London session AUDUSD +5 NZDUSD +5 {image} {image}
Nice trades, but in terms of currency strength and momentum, AUD and NZD in combo with CHF would have been my choice.

Better get rid of the forex supreme meter indi. It lags horribly and is inaccurate.
As a substitute, take the RH ccy magic currency strength or the Giraia currency strength meter.
These are much "quicker" and precise.
Should the xADR Renko indictor be a cause of platform freezes (especially the 20 days calculation tends to be tough on the MT4 platform), replace it by one I modded to prevent this.
All above mentioned indis can be found in the attachments.

Happy trading.

LuXing
Wisdom begins in wonder
  • #34,276
  • Jun 3, 2016 3:20am Jun 3, 2016 3:20am
Quoting LuXing
{quote} Nice trades, but in terms of currency strength and momentum, AUD and NZD in combo with CHF would have been my choice. Better get rid of the forex supreme meter indi. It lags horribly and is inaccurate. As a substitute, take the RH ccy magic currency strength or the Giraia currency strength meter. These are much "quicker" and precise. Should the xADR Renko indictor be a cause of platform freezes (especially the 20 days calculation tends to be tough on the MT4 platform), replace it by one I modded to prevent this. All above mentioned indis...
Hi LuXing, many thanks for your comment. I will follow you advice.

Green Pips to all!
eak154
  • #34,277
  • Jun 6, 2016 10:02am Jun 6, 2016 10:02am
I'm back from a long week end.
First thought, as I saw from others fellow pro traders (Udine, Luxing...) when you're back from holiday time maybe it's better to start again on demo, to get into the flow. Then, I think discretionary trading has great advantage on automatic one (at least for my experience) but only if you can spend many hours in front of the screen. For a strategy like 00 levels, almost every day, sooner or later comes a time when market moves and if you are there and ready, you can place your setups with good chances to reap your profits. Of course this sounds obvious and it probably is, but to stay concentrated staring the display is a difficult task even if you don't have anything else to do. Instead, if you're like me and many others here that you can follow the market every now and then, it may be better to look for setups only at LO and NYO. Last consideration: as suggested by the best traders here it's better to avoid FO.

Today trades.

#1 NZDUSD to SL
#2 USDJPY to TP
#3 EURJPY to TP
#4 GBPJPY to TP
#5 AUDJPY to TP
#6 USDCHF to TP

Bubincka
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NU-SL.jpg Size: 316 KB
Click to Enlarge Name: UJ-TP.jpg Size: 271 KB
Click to Enlarge Name: EJ-TP.jpg Size: 340 KB
Click to Enlarge Name: GJ-TP.jpg Size: 497 KB
Click to Enlarge Name: AJ-TP.jpg Size: 409 KB
Click to Enlarge Name: UCHF-TP.jpg Size: 321 KB
Porta itineris dicitur longissima esse
  • #34,278
  • Jun 6, 2016 5:00pm Jun 6, 2016 5:00pm
Today trades
AUDJPY+5
AUDJPY+5
AUDUSD+5
AUDUSD -10 (this trade turn and hit TP after SL)
All comments are welcome thank you
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPYeM30.png Size: 20 KB
Click to Enlarge Name: AUDJPYeM30 2.png Size: 20 KB
Click to Enlarge Name: AUDUSDeM30.png Size: 16 KB
Click to Enlarge Name: AUDUSDeM30 SL.png Size: 15 KB
  • #34,279
  • Jun 7, 2016 2:46am Jun 7, 2016 2:46am
Quoting eak154
Today trades AUDJPY+5 AUDJPY+5 AUDUSD+5 AUDUSD -10 (this trade turn and hit TP after SL) All comments are welcome thank you {image} {image} {image} {image}
Hi eak154, just a quick question: from the pics I can't understand if your trades are buy or sell.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #34,280
  • Jun 7, 2016 2:52am Jun 7, 2016 2:52am
Today trades. Again I wasn't able to wait for LO, I must train myself in patience.
I left out GBP pairs, too much uncertainty for Brexit concerns. I discarded AUD pairs too due to the big jump at cash rate announcement.

#1 EURJPY to TP
#2 NZDJPY to TP
#3 NZDUSD to TP

Bubincka
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ-TP.jpg Size: 339 KB
Click to Enlarge Name: NJ-TP.jpg Size: 348 KB
Click to Enlarge Name: NU-TP.jpg Size: 383 KB
Porta itineris dicitur longissima esse
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