As simple as possible: 00 level trading | Page 1720 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

As simple as possible: RENKO M5 trading 75 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple Level Trading 1 reply

Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies

Attachments: As simple as possible: 00 level trading
Exit Attachments

As simple as possible: 00 level trading

  • #34,381
  • Jul 4, 2016 6:55am Jul 4, 2016 6:55am
Quoting bubincka
{quote} 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
Thanks!
  • #34,382
  • Edited 8:44pm Jul 4, 2016 7:27pm | Edited 8:44pm
Tokyo session +33.5. just only less than an hour in the market.

CADJPY +10
NZDJPY +10
NZDUSD +10 manually entered (robot didn't work for some reason)
USDCAD +3.5 manually closed as already reached my daily target. CAD got stronger in that time. I minimise risk of losing trades.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CADJPYeM30.png Size: 16 KB
Click to Enlarge Name: NZDJPYeM30.png Size: 16 KB
Click to Enlarge Name: NZDUSDeM30.png Size: 15 KB
Click to Enlarge Name: USDCADeM30.png Size: 17 KB
  • #34,383
  • Jul 4, 2016 8:24pm Jul 4, 2016 8:24pm
today total +43.5
GBPJPY+10
can't resist good set up with momentum&strength. ATR30. Spread is 2.0-2.5 which is high but sure it will move.
Thanks LuXing for your answer. The entry is never late if it hits TP.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYeM30.png Size: 16 KB
  • #34,384
  • Jul 5, 2016 2:19am Jul 5, 2016 2:19am
FF and Tokyo
today total +67.5. Lets call it "done for today".

GBPJPY +14 (price moves too fast, robot couldnt close at 10TP)
NZDJPY+10
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYM30.png Size: 21 KB
Click to Enlarge Name: NZDJPYM30.png Size: 17 KB
  • #34,385
  • Jul 5, 2016 2:19am Jul 5, 2016 2:19am
First one for today:

GBPJPY to TP.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB
Wisdom begins in wonder
  • #34,386
  • Jul 5, 2016 2:42am Jul 5, 2016 2:42am
Quoting eak154
FF and Tokyo today total +67.5. Lets call it "done for today". GBPJPY +14 (price moves too fast, robot couldnt close at 10TP) NZDJPY+10 {image} {image}
Beware of GBP pairs, these are highly unpredicatable and volatile these days
Did you check the "Experts" tab in the terminal to see what happened ? Did you get an "Off quotes" warning ? If so, bear in mind that the same could have happened if the pair went the "wrong way", not respecting your stoploss...

Good trading, keep it up !!!

LuXing
Wisdom begins in wonder
  • #34,387
  • Jul 5, 2016 2:57am Jul 5, 2016 2:57am
Quoting LuXing
{quote} Beware of GBP pairs, these are highly unpredicatable and volatile these days Did you check the "Experts" tab in the terminal to see what happened ? Did you get an "Off quotes" warning ? If so, bear in mind that the same could have happened if the pair went the "wrong way", not respecting your stoploss... Good trading, keep it up !!! LuXing
Hi LuXing, it looks fine in the terminal. I am not quite sure what happened. I will monitor if it happens again. I agree that GBP is extremely volatile.

Total today +77.5
GBPJPY +10 (risky, almost hit SL)
I am really closing my MT4 now. no more trading today.

Green pips to all
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM30.png Size: 22 KB
  • #34,388
  • Jul 5, 2016 3:54am Jul 5, 2016 3:54am
Quoting eak154
Tokyo session +33.5. just only less than an hour in the market. CADJPY +10 NZDJPY +10 NZDUSD +10 manually entered (robot didn't work for some reason) USDCAD +3.5 manually closed as already reached my daily target. CAD got stronger in that time. I minimise risk of losing trades. {image} {image} {image} {image}
Great trades eak154! You're right on track.

Bubincka
Porta itineris dicitur longissima esse
  • #34,389
  • Edited 4:15am Jul 5, 2016 4:01am | Edited 4:15am
Today I could get only this one, in part because I'm inattentive due to preparation for my holidays and because I'm scared to put on trades on GBP pairs. Today of course the first choice would have been to short GBP after LO, but I still feel wary of GBP after Brexit.

#1 AUDJPY to TP

Bubincka
Attached Image (click to enlarge)
Click to Enlarge Name: AJ-TP.jpg Size: 459 KB
Porta itineris dicitur longissima esse
  • #34,390
  • Jul 5, 2016 5:49am Jul 5, 2016 5:49am
Quoting bubincka
Today I could get only this one, in part because I'm inattentive due to preparation for my holidays and because I'm scared to put on trades on GBP pairs. Today of course the first choice would have been to short GBP after LO, but I still feel wary of GBP after Brexit. #1 AUDJPY to TP Bubincka {image}
Enough other pairs to trade

EURCAD to TP

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 55 KB
Wisdom begins in wonder
  • #34,391
  • Jul 5, 2016 6:38am Jul 5, 2016 6:38am
EURAUD +4 pips manual close.

In hindsight, shouldn´t have touched it....

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 63 KB
Wisdom begins in wonder
  • #34,392
  • Jul 5, 2016 6:17pm Jul 5, 2016 6:17pm
Tokyo Open

#1 GBPUSD to TP
#2 AUDJPY to TP, albeit with a hefty 3.1 pip slippage.

New adventures @ FFO.

LuXing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB
Click to Enlarge Name: Screenshot2.png Size: 59 KB
Wisdom begins in wonder
  • #34,393
  • Jul 5, 2016 11:07pm Jul 5, 2016 11:07pm
Tokyo trade
I missed a good set up on AUDJPY &AUDUSD.

NZDJPY +10
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYeM30.png Size: 16 KB
  • #34,394
  • Jul 6, 2016 3:13am Jul 6, 2016 3:13am
Trades at LO.

#1 AUDCHF to TP

Bubincka
Attached Image (click to enlarge)
Click to Enlarge Name: ACHF-TP.jpg Size: 367 KB
Porta itineris dicitur longissima esse
  • #34,395
  • Jul 6, 2016 8:25am Jul 6, 2016 8:25am
In this case I preferred to take the 3.6 pips I lacked to reach my 2% daily target and stay in the trade only 19 secs instead of letting it go to the possible (but not sure) +5 pips TP, also considering that I entered @ .900 level. Then, after few minutes it went to full TP.

#2 AUDUSD +3.6 pips

Bubincka
Attached Image (click to enlarge)
Click to Enlarge Name: AU-3.6.jpg Size: 421 KB
Porta itineris dicitur longissima esse
  • #34,396
  • Jul 6, 2016 8:56am Jul 6, 2016 8:56am
Quoting bubincka
In this case I preferred to take the 3.6 pips I lacked to reach my 2% daily target and stay in the trade only 19 secs instead of letting it go to the possible (but not sure) +5 pips TP, also considering that I entered @ .900 level. Then, after few minutes it went to full TP. #2 AUDUSD +3.6 pips Bubincka {image}
Nice one Bubincka, getting the hang of it !!!
I missed the AUDUSD, but got the same AUDCHF you took this morning, although 1 level higher.

Keep up the green pips !!!

LuXing
Wisdom begins in wonder
  • #34,397
  • Jul 6, 2016 9:25am Jul 6, 2016 9:25am
Quoting LuXing
{quote} Nice one Bubincka, getting the hang of it !!! I missed the AUDUSD, but got the same AUDCHF you took this morning, although 1 level higher. Keep up the green pips !!! LuXing
Thanks Luxing you have had an important role in my training and looking at your trading style gave me confidence to follow a route that I was going to quit.
The hardest thing for me is to maintain discipline without letting me get carried away or lose my head if a trade goes bad. All this is what Udine called "Rinse & Repeat", simple but not easy.

Bubincka
Porta itineris dicitur longissima esse
  • #34,398
  • Jul 6, 2016 7:09pm Jul 6, 2016 7:09pm
Quoting bubincka
In this case I preferred to take the 3.6 pips I lacked to reach my 2% daily target and stay in the trade only 19 secs instead of letting it go to the possible (but not sure) +5 pips TP, also considering that I entered @ .900 level. Then, after few minutes it went to full TP. #2 AUDUSD +3.6 pips Bubincka {image}
Hi Bubincka, great trade! I could not find any good set up for my London session. I still end up +10 for a day which is positive.

I have a question about trading long 900/ short 100 level. What do you look for?

Thank you
Green pips to all
  • #34,399
  • Jul 8, 2016 2:25am Jul 8, 2016 2:25am
Tokyo trades

AUDJPY +9 (perfect TP spot. thanks LuXing and Bubincka for teaching)
USDJPY +9
GBPUSD - 18 (as warning from LuXing about GBP)


Greep pips to all
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPYeM30.png Size: 17 KB
Click to Enlarge Name: USDJPYeM30.png Size: 17 KB
Click to Enlarge Name: GBPUSDeM30 SL.png Size: 20 KB
  • #34,400
  • Jul 8, 2016 5:11am Jul 8, 2016 5:11am
Quoting eak154
{quote} Hi Bubincka, great trade! I could not find any good set up for my London session. I still end up +10 for a day which is positive. I have a question about trading long 900/ short 100 level. What do you look for? Thank you Green pips to all
Hi eak154,

I'm on holiday now.

Coming to your question I have to say that if I see trend/strength/ momentum I place the pending order at these levels too, but I'm aware that is against Udine's rules.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
72 traders viewing now