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whatfx replied Jun 5, 2014i dont see where you got the pending order for GJ from. GJ actually opened too close to 171.700 at london open, so no possibility there. EJ had a possibilty to enter at 139.400 short, but according to my charts it never reached that level. i guess ...
As simple as possible: 00 level trading
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whatfx replied Jun 5, 2014can't see how tokyo can be traded with this. there is no daily candle at the time, as it is just about to form, so nothing to base your entries on. and market at this time is usually very lathargic.
As simple as possible: 00 level trading
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whatfx replied Jun 5, 2014you folks should be in on ej short at 50, and gj short at 80, right now.
As simple as possible: 00 level trading
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whatfx replied Jun 4, 2014yes, your explanation is better. You may be right in what you say. However I see various issues with it. And trading this way resulted in two losses of 10 pips in a row on yestedays Eurjpy during London open. Will get back to you folks tomorrow, off ...
As simple as possible: 00 level trading
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whatfx replied Jun 4, 2014udine just remembered a question i forgot to ask previously. say daily candle is red. i.e. price below the daily open. after 3 hrs we decide to start trading . the price is now well below the daily open. now, waiting for the next 1 hr candle to ...
As simple as possible: 00 level trading
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whatfx replied Jun 4, 2014if you take 1 trade per hour, and if that trade is a loss of 10 pips, do you stop trading for the day ? say you take 1 trade in the hour, at level 172.300. a long trade. you get your 5 pips. next hour, again you enter long at 172.300 as price went ...
As simple as possible: 00 level trading
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whatfx replied Jun 4, 2014well, the reason i asked is because i did not see the BRN bit in your rules. but iam glad you have updated it. i normally take BRN'S not to enter trades, but to take profit. unless of course the BRN is breached emphatically. in the 1hr, whats the ...
As simple as possible: 00 level trading
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whatfx replied Jun 4, 2014this needs to be clarified a bit more. what do you mean by a distance to the round number ? if both your daily and hourly candles are in agreement, i cannot see why a pending order at 171.900 cannot be set. its still at 00 level. i think, whether a ...
As simple as possible: 00 level trading
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whatfx replied Jun 4, 2014i see there was a loss of 10 pips on the last EJ long trade @139,800 ? did anyone take that.
As simple as possible: 00 level trading
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whatfx replied Jun 4, 2014very well explained
i think the problem i see, after backtesting on three daily 'doji' candles, is that during these 'doji' days, the 00 levels act as resistance or support, and do not get breached, and therefore you will have likely ...As simple as possible: 00 level trading
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whatfx replied Jun 4, 2014say my daily candle opens at 00.00 midnight. the next morning at 8:00 am , its london open. now between 00.00 and 8:00 am, the price may have gone above or below the daily open several times. so how do you decide which way the price is from the ...
As simple as possible: 00 level trading
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whatfx replied Jun 4, 2014is there a way of trading this manually without using the wukar or wheelbarrow indicators ? just by following the candlestick colours and round numbers ? of course, this is for those who cannot download stuff on thier computers.
As simple as possible: 00 level trading
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whatfx replied May 31, 2014well, you have yet to describe the trade set up, the triangle formation. what is the max trade losses you will take a day ?
Genuine 5m 4R/R system
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whatfx replied May 26, 2014hello clive, long time no see. sorry to hear about your loss. we all have to go one day, its difficult, but life has to go on. i thought you were doing swell, with your 1 min scalping method ? what happened to that ?
Trading is as simple as ABCD
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whatfx replied May 21, 2014hey muhiuddin where are you ? are you not making money with this method, hence you stopped using it ?
Best Trading System (Only Momentum)
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whatfx replied May 21, 2014what happened to this thread, seemed quite interesting.
15M Envelope Strategy
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whatfx replied May 21, 2014why would you take trade 1,2,3, ? according to your rules, the wick of the candle must be less than 20% of the body of the candle . in candle 1 and candle 3 , they both have wicks greater than 20% of thier bodies. so this trade will be invalid. ...
3 Consecutive High Low Method
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whatfx replied May 19, 2014how is it going folks. long time no see. how you doin tony ? still at it ?

Central Banks & Big Players
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whatfx replied May 19, 2014very confusing in the way you have explained things. leaves a lot to be desired. incoherent.
Daily Chart Trading - The Naked Way