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As simple as possible: 00 level trading

  • #34,361
  • Jul 1, 2016 3:24am Jul 1, 2016 3:24am
My trades at FFO. I had 1 TP in less than a second and +3.4 pips closed manually, my 2% daily target is 0.5% away so let's see if there will be chances in NYO.
At FFO there were much better opportunities to short GBP against JPY and USD but I missed them.

#1 AUDJPY to TP
#2 USDCHF closed manually +3.4 pips

Bubincka
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: UCHF-3.4.jpg Size: 302 KB
Porta itineris dicitur longissima esse
  • #34,362
  • Jul 1, 2016 3:57am Jul 1, 2016 3:57am
Missed a very good setup on AUDUSD to enter long @ 0.74750 just above previous day high and WP, sustained by AUD strength and USD weakness. Can't stay all day long in front of the screen.

Bubincka
Attached Image (click to enlarge)
Click to Enlarge Name: AU-SETUP.jpg Size: 174 KB
Porta itineris dicitur longissima esse
  • #34,363
  • Jul 1, 2016 4:47am Jul 1, 2016 4:47am
Quoting bubincka
My trades at FFO. I had 1 TP in less than a second and +3.4 pips closed manually, my 2% daily target is 0.5% away so let's see if there will be chances in NYO. At FFO there were much better opportunities to short GBP against JPY and USD but I missed them. #1 AUDJPY to TP #2 USDCHF closed manually +3.4 pips Bubincka {image} {image}
Great trades as usual please keep posting! I still have lots to learn from you.
  • #34,364
  • Jul 1, 2016 5:51am Jul 1, 2016 5:51am
Quoting bubincka
Missed a very good setup on AUDUSD to enter long @ 0.74750 just above previous day high and WP, sustained by AUD strength and USD weakness. Can't stay all day long in front of the screen. Bubincka {image}
Yeah, that analysis looks about right ;-)

#1 AUDUSD to TP
#2 NZDUSD to TP

LuXing
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot2.png Size: 56 KB
Wisdom begins in wonder
  • #34,365
  • Jul 1, 2016 6:45am Jul 1, 2016 6:45am
Quoting eak154
{quote} Great trades as usual please keep posting! I still have lots to learn from you.
Hi eak154, as for today you did far better. Strategy is clear, we are here to learn from each other.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #34,366
  • Jul 1, 2016 6:47am Jul 1, 2016 6:47am
Quoting LuXing
{quote} Yeah, that analysis looks about right ;-) #1 AUDUSD to TP #2 NZDUSD to TP LuXing {image} {image}
I was sure that you would have taken it.
Porta itineris dicitur longissima esse
  • #34,367
  • Jul 1, 2016 7:13am Jul 1, 2016 7:13am
Quoting bubincka
{quote} I was sure that you would have taken it.
lol.

And of course this one.

#3 NZDUSD to TP

LuXing
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Click to Enlarge Name: Screenshot1.png Size: 55 KB
Wisdom begins in wonder
  • #34,368
  • Jul 1, 2016 8:26am Jul 1, 2016 8:26am
Just in time, 34 minutes before US Red News.

EURUSD to TP.

LuXing
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Click to Enlarge Name: Screenshot1.png Size: 62 KB
Wisdom begins in wonder
  • #34,369
  • Jul 1, 2016 8:42am Jul 1, 2016 8:42am
TP in 9 seconds flat.

USDCAD +5

LuXing
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Click to Enlarge Name: Screenshot2.png Size: 63 KB
Wisdom begins in wonder
  • #34,370
  • Jul 1, 2016 9:41am Jul 1, 2016 9:41am
GBPCAD to TP.

Wanted to take it at 150, but came too late.

LuXing
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Click to Enlarge Name: Screenshot2.png Size: 59 KB
Wisdom begins in wonder
  • #34,371
  • Jul 1, 2016 5:56pm Jul 1, 2016 5:56pm
Quoting LuXing
GBPCAD to TP. Wanted to take it at 150, but came too late. LuXing {image}
Hi Luxing, great trades and clear strategy . One question for me. How do you decide to enter those late entry? i.e. GBPCAD do you tune down to lower timeframe? thank you
  • #34,372
  • Jul 4, 2016 2:52am Jul 4, 2016 2:52am
Today trades at FFO & LO.

#1 AUDUSD to TP
#2 AUDJPY +2.4 pips

Since trade #2 was taking to long to hit 5 pips target I closed it manually, so now I'm up 1.31% for the day. Lately i'm finding it easier to reach my 2% daily goal actively managing my trades: if it doesn't go to TP in a matter of few minutes, I close it manually provided that it's up at least half of the original set TP.

Bubincka
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AU-TP.jpg Size: 334 KB
Click to Enlarge Name: AJ-2.4.jpg Size: 383 KB
Porta itineris dicitur longissima esse
  • #34,373
  • Jul 4, 2016 3:32am Jul 4, 2016 3:32am
good work bubincka!

I took EURAUD +3.5 (after entering the trade Rmdn turn red so I moved my SL closer. This could have been easily +10 but yep I accepted it.)
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDeM30.png Size: 17 KB
  • #34,374
  • Jul 4, 2016 3:48am Jul 4, 2016 3:48am
Quoting eak154
good work bubincka! I took EURAUD +3.5 (after entering the trade Rmdn turn red so I moved my SL closer. This could have been easily +10 but yep I accepted it.) {image}
Good eak154! I'm trying too having the PATIENCE to collect some pips each and every day to make something between 1% and 2%.

Bubincka
Porta itineris dicitur longissima esse
  • #34,375
  • Jul 4, 2016 3:52am Jul 4, 2016 3:52am
Quoting bubincka
{quote} Good eak154! I'm trying too having the PATIENCE to collect some pips each and every day to make something between 1% and 2%. Bubincka
Hi Bubincka, totally agree! It reminds me when Udine mentioned 2% a day is what we need.

Green pips to all
  • #34,376
  • Jul 4, 2016 4:44am Jul 4, 2016 4:44am
#1 & #2 AUDJPY to TP
#3 EURAUD to TP

LuXing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 59 KB
Click to Enlarge Name: Screenshot2.png Size: 62 KB
Wisdom begins in wonder
  • #34,377
  • Jul 4, 2016 4:47am Jul 4, 2016 4:47am
Quoting eak154
{quote} Hi Luxing, great trades and clear strategy . One question for me. How do you decide to enter those late entry? i.e. GBPCAD do you tune down to lower timeframe? thank you
An entry is never "late" if it hits your TP target.
Today we took the same EURAUD trade, I got in one level lower when I saw EUR tanking.
In answer to your question, it's a matter of discretion.

LuXing
Wisdom begins in wonder
  • #34,378
  • Jul 4, 2016 4:50am Jul 4, 2016 4:50am
Quoting sharingan9
{quote} Nice trades buddy. How do you find a broker to give nice spreads like that? 1.5 spread on NZDJPY is really nice. Mine is like 3 pips lol. I also took that same AUDJPY trade that you took. Was a nice sell off there then a huge bounce off the DS1 but I got my 10 pips before the upward retrace. Been following your tips. Thanks a bunch buddy
You can find (one of the) broker(s) I use in my profile.
I know finding a suitable broker is rather complicated for US citizens. Unfortunately there is not much you can do about it.

LuXing
Wisdom begins in wonder
  • #34,379
  • Jul 4, 2016 5:21am Jul 4, 2016 5:21am
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}
Bubincka,

Just double-checking:based on your experience of using the StrengthLine, are the settings yPeriod=15, xPriod=60, multiplier = 1 acceptable. Is it what you are using? Thank you.
  • #34,380
  • Jul 4, 2016 6:00am Jul 4, 2016 6:00am
Quoting MidnightRun
{quote} Bubincka, Just double-checking:based on your experience of using the StrengthLine, are the settings yPeriod=15, xPriod=60, multiplier = 1 acceptable. Is it what you are using? Thank you.
Hi MidnightRun, I use yPeriod = 60, xPriod = 1440, multiplier = 1 because I prefer to rely upon a more robust signal, therefore favoring D1 and H1 TFs.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
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