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Simplicity is the Ultimate Sophistication

  • #161
  • Mar 23, 2017 4:40am Mar 23, 2017 4:40am
Quoting 4x4free
yes quicky green day!, thanks zentrader
ur welcome
Did you enter the same trade?
  • #162
  • Mar 23, 2017 10:01am Mar 23, 2017 10:01am
Quoting Grimweasel
Agree Zen. Pair with lowest 'criminal' spread is best. Works well with the 30m candle 1.5hrs after the US open too. I've found my losing trades are around strong number 00 levels, such as EurUsd today around the 1.800 level (traded US open). These big levels often present significant battle lines between the bears/bulls. Trading the 1.840 to 850 level for example should be easier? Would have to conduct some forward testing. Still, green pips today!
yyes, usually the big 00 numbers is harder to push.
i check at the forexfactory time and your trade in the pict , you said it is 1,5 hours after the us open, but i saw it is 2.5 hours after the us open.
Can u confirm the time?
  • #163
  • Edited 5:20pm Mar 23, 2017 3:40pm | Edited 5:20pm
Hi Zen. Cash equity (ie S&P) currently opens at 1330 GMT until Mar 28 then goes to 1430 as usual when clocks get back in Sync. Don't forget I'm also using FxPro for charting which is GMT+2hrs!
Trade less and become more profitable!
  • #164
  • Mar 24, 2017 2:09am Mar 24, 2017 2:09am
Quoting zentrader8
{quote}...Did you enter the same trade?
yes
  • #165
  • Mar 24, 2017 2:14am Mar 24, 2017 2:14am
Sell stop @ 1.0760
SL at 1.0775
TP at 1.0750

Attached Image (click to enlarge)
Click to Enlarge Name: 24-3-2017.png Size: 46 KB


lets see
  • #166
  • Mar 24, 2017 3:05am Mar 24, 2017 3:05am
green day!!

thanks zentrader
  • #167
  • Mar 24, 2017 6:01am Mar 24, 2017 6:01am
Quoting zentrader8
Sell stop @ 1.0760 SL at 1.0775 TP at 1.0750 {image} lets see

I notice on your chart. You have a break even. The EA
I was just wondering would you like to share it.
Thank you for this system And all your good work.
  • #168
  • Mar 24, 2017 6:07am Mar 24, 2017 6:07am
Quoting zentrader8
Sell stop @ 1.0760 SL at 1.0775 TP at 1.0750 {image} lets see
Good trade, reach target
Risk comes from not knowing what you're doing.
  • #169
  • Edited 6:52am Mar 24, 2017 6:23am | Edited 6:52am
TP 1.07900
buy 1.07800
STOP 1.07700

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd11.png Size: 132 KB



Attached Image (click to enlarge)
Click to Enlarge Name: eurusd22.png Size: 106 KB


TP 0.86500
BUY 0.86400
STOP 0.86300

Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp11.png Size: 132 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP22.png Size: 98 KB
  • #170
  • Mar 24, 2017 6:46am Mar 24, 2017 6:46am
Quoting dragonexpert
{quote} Good trade, reach target

It looks like I must be missing something, because when I look at that TRADE. It's a losing trade. It does not hit take profit 1.0750
  • #171
  • Mar 24, 2017 6:49am Mar 24, 2017 6:49am
Quoting zentrader8
Sell stop @ 1.0760 SL at 1.0775 TP at 1.0750 {image} lets see


Question needs answering in the rules on page 1, you say that you take a trade at the first 00 level buy or sell this morning, the first level that I could put a trade on was a buy

TP 1.07900
buy 1.07800
STOP 1.07700
the first level that I could SELL WAS
STOP 1.07600
SELL 1.07500
TP 1 .07400 ALL these trades have 00 in them.

So the question is, why are you trading AT
Sell stop 1.0760
SL at 1.0775
TP at 1.0750
  • #172
  • Mar 24, 2017 8:29am Mar 24, 2017 8:29am
Quoting redfan
{quote} Question needs answering in the rules on page 1, you say that you take a trade at the first 00 level buy or sell this morning, the first level that I could put a trade on was a buy TP 1.07900 buy 1.07800 STOP 1.07700 the first level that I could SELL WAS STOP 1.07600 SELL 1.07500 TP 1 .07400 ALL these trades have 00 in them. So the question is, why are you trading AT Sell stop 1.0760 SL at 1.0775 TP at 1.0750

Today i just put a sell stop and it didnt touched, so i didnt took the trade.
the price went up and touch my buy stop.
So it is TP already.

here is the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: 24-3-2017.png Size: 37 KB

hope it clears your confusion.
  • #173
  • Mar 24, 2017 8:36am Mar 24, 2017 8:36am
Green pips this week.
ended the week with 5 consecutive wins this week(monday-friday).


Hope you all have green pips
  • #174
  • Mar 24, 2017 9:49am Mar 24, 2017 9:49am
Quoting zentrader8
{quote} Today i just put a sell stop and it didnt touched, so i didnt took the trade. the price went up and touch my buy stop. So it is TP already. here is the chart. {image} hope it clears your confusion.
Yes, thanks for letting me know. I took the same trade , I waited for it to hit 1.7800
and took profit at 1.7900. I'm glad I asked, It clears it up for me. You take the trade when it nearest 00.
PS. I notice you have a break even EA. Any chance of sharing it.
Thank you.
  • #175
  • Mar 24, 2017 10:15am Mar 24, 2017 10:15am
True, successful trading is really about simplicity. Yes it is simple, but it is certainly not easy. This "Might be" one of those simple and yet powerful methods, trying it out and getting the results would ultimately be the only way to remove the "Might be" words.
Looking forward to testing it.
  • #176
  • Mar 25, 2017 12:05am Mar 25, 2017 12:05am
Please write to the current rules. According to the original rules last week was disastrous.
Please excuse the bad English via Google Translate.
  • #177
  • Mar 25, 2017 3:22am Mar 25, 2017 3:22am
Quoting redfan
{quote} Yes, thanks for letting me know. I took the same trade , I waited for it to hit 1.7800 and took profit at 1.7900. I'm glad I asked, It clears it up for me. You take the trade when it nearest 00. PS. I notice you have a break even EA. Any chance of sharing it. Thank you.

Glad if you can ended the day with green pips.
Here is the EA.
Trade safely .
Attached File(s)
File Type: mq4 Breakeven EA v1.3.mq4   12 KB | 295 downloads
  • #178
  • Mar 25, 2017 3:23am Mar 25, 2017 3:23am
Quoting dokopy
Please write to the current rules. According to the original rules last week was disastrous.
Current rule is:
1.Look at the candle 2 hours before london open, wait until it close.
2.see the high and low
3.Trade the next 00 level above and under.

Its simple
  • #179
  • Mar 25, 2017 5:40am Mar 25, 2017 5:40am
Quoting zentrader8
{quote} Glad if you can ended the day with green pips. Here is the EA. Trade safely . {file}
Thank you
  • #180
  • Mar 25, 2017 12:47pm Mar 25, 2017 12:47pm
Quoting zentrader8
{quote} Current rule is: 1.Look at the candle 2 hours before london open, wait until it close. 2.see the high and low 3.Trade the next 00 level above and under. Its simple
Under these rules were two totally unprofitable days -120 pips. It is unlikely that there would be more than 12 successful days.
Please excuse the bad English via Google Translate.
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