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As simple as possible: 00 level trading

  • #34,281
  • Jun 7, 2016 3:02am Jun 7, 2016 3:02am
Quoting bubincka
{quote} Hi eak154, just a quick question: from the pics I can't understand if your trades are buy or sell. Best regards, Bubincka
Hi Bubincka, the blue horizontal line is the entry. The red dot is the TP or SL. Thank you
  • #34,282
  • Edited 5:10am Jun 7, 2016 4:54am | Edited 5:10am
Back to base:

AUDUSD (M30) +41pips (three trades, total 41.pips)





Happy trading,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM30.png Size: 47 KB
Time always comes before price
  • #34,283
  • Jun 7, 2016 8:47am Jun 7, 2016 8:47am
Quoting bubincka
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 {image} {image} {image}
Great going Bubincka.. what's your SL and TP?

Thanks...
  • #34,284
  • Jun 7, 2016 8:59am Jun 7, 2016 8:59am
Quoting bluejack
{quote} Great going Bubincka.. what's your SL and TP? Thanks...
Hi bluejack, I use a fixed SL = 170 pips, borrowed from LuXing and an adaptive TP = 0.5 * ATR(480) being ATR calculated on M15 TF, no TS. You can't see them on my charts because I prefer to hide them from the broker.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #34,285
  • Jun 8, 2016 2:47am Jun 8, 2016 2:47am
Level 1 entry @ H1 on EURJPY = 69.3pips.





Happy trading,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 50 KB
Time always comes before price
  • #34,286
  • Jun 8, 2016 3:31am Jun 8, 2016 3:31am
Quoting fxrabbi
Level 1 entry @ H1 on EURJPY = 69.3pips. Happy trading, Yomi. {image}
Hi Yomi, which is your SL ?

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #34,287
  • Jun 8, 2016 4:03am Jun 8, 2016 4:03am
Quoting bubincka
{quote} Hi Yomi, which is your SL ? Best regards, Bubincka
1. SL = 25pips.
2. TP = 50pips.
3. BE/Lock-in-pips = 25pips.
4. Trail Activation after BE/25pips.



Happy trading,
Yomi.
Time always comes before price
  • #34,288
  • Jun 8, 2016 4:25am Jun 8, 2016 4:25am
Quoting fxrabbi
{quote} 1. SL = 25pips. 2. TP = 50pips. 3. BE/Lock-in-pips = 25pips. 4. Trail Activation after BE/25pips. Happy trading, Yomi.
Thank you.
Porta itineris dicitur longissima esse
  • #34,289
  • Jun 8, 2016 4:35am Jun 8, 2016 4:35am
Quoting bubincka
{quote} Thank you.
You are welcome, my good friend, keep up the good work
Time always comes before price
  • #34,290
  • Jun 8, 2016 7:27am Jun 8, 2016 7:27am
A bad day "roller coaster" trading with serious beginner's mistakes.
These things happen when you want to trade at all costs while instead it's safer to stay on the sidelines.

#1 NZDCHF to SL -entry before R1, fooled by NZD strength+momentum while CHF was weak and when the 1st is a loser like this one things get though
#2 CHFJPY to TP
#3 NZDUSD to TP
#4 EURAUD to SL
#5 GBPUSD to TP
#6 USDCAD to TP
#7 EURUSD to TP
#8 CHFJPY to TP

Bottom line: +0.03% after all this wandering !!

Best regards,
Bubincka
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NCHF-SL.jpg Size: 317 KB
Click to Enlarge Name: CHFJ-TP (2).jpg Size: 344 KB
Click to Enlarge Name: NU-TP.jpg Size: 317 KB
Click to Enlarge Name: EA-SL.jpg Size: 394 KB
Click to Enlarge Name: GU-TP.jpg Size: 348 KB
Click to Enlarge Name: UCAD-TP.jpg Size: 281 KB
Click to Enlarge Name: EU-TP.jpg Size: 348 KB
Click to Enlarge Name: CHFJ-TP.jpg Size: 409 KB
Porta itineris dicitur longissima esse
  • #34,291
  • Jun 8, 2016 7:31am Jun 8, 2016 7:31am
London session. many opportunities to trade but not quick enough to take them all. I just picked the one I like.
NZDUSD+5
USDCAD+5
all comments are welcome
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSDeM30.png Size: 19 KB
Click to Enlarge Name: USDCADeM30.png Size: 18 KB
  • #34,292
  • Jun 8, 2016 8:36am Jun 8, 2016 8:36am
Quoting eak154
London session. many opportunities to trade but not quick enough to take them all. I just picked the one I like. NZDUSD+5 USDCAD+5 all comments are welcome {image} {image}
Great eak154, you seems to be right on track.

One more trade.

#9 EURUSD to TP

Bubincka
Attached Image (click to enlarge)
Click to Enlarge Name: EU-TP.jpg Size: 352 KB
Porta itineris dicitur longissima esse
  • #34,293
  • Jun 8, 2016 9:23am Jun 8, 2016 9:23am
Quoting bubincka
{quote} Great eak154, you seems to be right on track. One more trade. #9 EURUSD to TP Bubincka {image}
You are still positive for the day even with two SLs... that's all it matters. Now You can sleep like a baby..
  • #34,294
  • Jun 8, 2016 9:47am Jun 8, 2016 9:47am
Quoting bluejack
{quote} You are still positive for the day even with two SLs... that's all it matters. Now You can sleep like a baby..
Yes. But today it was a fight.
Market is the same of course, maybe I need some rest, holidays are near.

Bubincka
Porta itineris dicitur longissima esse
  • #34,295
  • Edited 4:54am Jun 9, 2016 3:41am | Edited 4:54am
First consideration is that ADRs are low, only GBP pairs exceed 130 pips, but GBP is crazy approaching 23 of June, so a position with this currency can suddenly reverse on any news and without notice.
Nevertheless after LO there were good setups buying JPY, I lost them all but one.

#1 GBPJPY to TP

Bubincka
Attached Image (click to enlarge)
Click to Enlarge Name: GJ-TP.jpg Size: 564 KB
Attached Image
Porta itineris dicitur longissima esse
  • #34,296
  • Jun 9, 2016 3:49am Jun 9, 2016 3:49am
EURJPY ( M30) +51pips.






Happy trading,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM30.png Size: 49 KB
Time always comes before price
  • #34,297
  • Jun 9, 2016 9:43am Jun 9, 2016 9:43am
EURUSD (M30) +14.7pips.







Happy trading,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 46 KB
Time always comes before price
  • #34,298
  • Jun 9, 2016 4:52pm Jun 9, 2016 4:52pm
today trades
many good set up but not fast enough for perfect entry
AUDJPY +5
AUDJPY +5 (again)
EURAUD +5
CADJPY -10
all comments are welcome
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPYeM30.png Size: 17 KB
Click to Enlarge Name: AUDJPYeM30 2.png Size: 18 KB
Click to Enlarge Name: EURAUDeM30.png Size: 21 KB
Click to Enlarge Name: CADJPYeM30 sl.png Size: 21 KB
  • #34,299
  • Jun 10, 2016 3:29am Jun 10, 2016 3:29am
today trades Tokyo and London session
GBPJPY +5
GBPUSD+5
NZDJPY+5
NZDJPY+5(again)
NZDUSD -10 (just trigger my buy stop and run for SL straightaway) How do you guys trade DS,DP,DR?
all comments are welcome!
Green pips to all
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYeM30.png Size: 19 KB
Click to Enlarge Name: GBPUSDeM30.png Size: 15 KB
Click to Enlarge Name: NZDJPYeM30 2.png Size: 16 KB
Click to Enlarge Name: NZDJPYeM30.png Size: 18 KB
Click to Enlarge Name: NZDUSDeM30 SL.png Size: 17 KB
  • #34,300
  • Jun 10, 2016 3:56am Jun 10, 2016 3:56am
Quoting eak154
today trades many good set up but not fast enough for perfect entry AUDJPY +5 AUDJPY +5 (again) EURAUD +5 CADJPY -10 all comments are welcome {image} {image} {image} {image}
Hi eak154,

my considerations are the following:

1) I think that a SL = 10 pips is too tight
2) When there's trend, strength & momentum good entries are above / below pivot levels

Best regards,
Bubincka
Attached Image (click to enlarge)
Click to Enlarge Name: eak.jpg Size: 99 KB
Porta itineris dicitur longissima esse
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