this trade can serve as an illustration of what i mean (explanation in previous response): as you can see, the odds were stacked in my favor. image image image

As simple as possible: 00 level trading

Look at my chart in post 32,151. Weekly, daily, 4hr,1hr bid ratio all over 95. The 15 min was too while I was in the trade. This means price was just pushing its trend bias. This indi is bid ratio by sm jones. You can find a couple versions in ...

As simple as possible: 00 level trading

the good news is that I was up 7 trades. so, 1 SL for 7 profitable trades (not all TP, but some TS). no worries, they are far more of a blessing than trading. i didn't do my 10 burpies, i ran 4km of hills, lol.

As simple as possible: 00 level trading

meanwhile, just took my first non-profitable trade for this week. Advice to self, you can't watch your kids (preschoolers) and focus enough to trade. -Jason

As simple as possible: 00 level trading

And, looks like it was a smart idea to trade Asian session as many pairs are already over ADR now . . .

As simple as possible: 00 level trading

thats an awesome set of trades LuXing ! here's my meager 1st trade today (out by TS): image image image

As simple as possible: 00 level trading

Thanks.

Trading is as simple as ABCD

Is this chart a 1min chart? What are you cci and stochastic settings (if you are willing to share)? Thank you for your time- Jason

Trading is as simple as ABCD

Very nice post. Clear chart of bigger picture. Which 2 indicators are you using on bottom? Also, are those PVSRA candles (or other?)?

Trading is as simple as ABCD

image image image

As simple as possible: 00 level trading

Yomi, I'm applying the ema 5 break out indi to the L1 Udine set ups. Its a great trade for sure. Thanks for sharing. Jason image

00 Level Trading: EsikeM30Bomb

you guys got gbp/jpy, and i got gbp/usd. same + slippage like yesterday (but 30min later). TP set at 6pips, trade ended at 8.5 (could this be the EA slipping . . .?): image image image

As simple as possible: 00 level trading

@ devontrader, aud/cad broke long.

Trading is as simple as ABCD

Is it pushing down past your hourly band? The red one is hourly on your chart?

Trading is as simple as ABCD

Oh well, previous S/R was like a wall, but it did move up about 15 or so pips from the time of you post . . . Still time for it to resume climbing later . . .

Trading is as simple as ABCD

You could have grabbed 10 pips on both of your entries, but it has been dropping since Frankfort Open . . . Way past ADR now . . . I actually think your entries show the difference between Clive's CCI/MA system as it stood alone versus CCI entries ...

Trading is as simple as ABCD

Pushed up and stalling a moment at previous support/resistance around 9464. Good call.

Trading is as simple as ABCD

I needed to add a suffix manually also. Glad it is working for you now. It's a great tool. That's a good eye for detail to see the '.' after the pairs FerruFX.

MADdash (Moving Average Distance)

Well said. Having said that, the set ups given by Yomi at the start of the thread are extremely high probability trade set ups.

00 Level Trading: EsikeM30Bomb