Yeah I think you're right. Definite danger of over-analysis. IMHO as long as people know about correlation then just a quick eyeball of the currencies to look for discrepancies is all that's needed. KISS

As simple as possible: 00 level trading

Yeah, I think last Friday I saw 350, waiting to see if it gets beaten. Good stuff Udine, trust your associate appreciates what they have.

As simple as possible: 00 level trading

When placing pending orders do people look at being 1 pip away from the 00 level? Udine I think you mentioned early on that you do but it's not a rule. I had a few which opened pretty close to 00 (less than 1 pip) so I stayed out.

As simple as possible: 00 level trading

Things are all over the show. Might sit on hands for a while.

As simple as possible: 00 level trading

Think about sync, are you going short on one and long on the other?

As simple as possible: 00 level trading

Gr8 work thanks MrTD

As simple as possible: 00 level trading

I don't know how much your small deposit is but looks like your confidence is taking a hit. Easy thing to do now is start looking at other threads for the next "holy grail". Stick with this system. If possible go to .01 lots for the next few days ...

As simple as possible: 00 level trading

EJ also SL. The market giveth and the market taketh away. Now's the time for fortitude people, as FXEmpire says - winners are around the corner.

As simple as possible: 00 level trading

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As simple as possible: 00 level trading

GJ to SL, broke my own rule and traded inside 10 pips of DO (my DO .288), that'll learn me. Thought I'd test waters. EJ still going so, like many others here, I will watch with interest. Tempting to close out manually at BE but it's in line with EU ...

As simple as possible: 00 level trading

Good call on AUD folks. Stayed away coz of CNY news and how it can impact Aussie. See in NY session a few people got caught with red news on USD and were surprised at how it can affect other currencies. For newbies - for all it's trials and ...

As simple as possible: 00 level trading

My default has TS kicking in at 4 pips, that way if it retraces 3.5 pips there'll be .5 pips to cover commission.

As simple as possible: 00 level trading

TS is here as insurance. Many times I've seen price just fall short of TP and then revert to SL. This way if it gets to 4 pips, you'll at least get BE. Covered here before in the thread.

As simple as possible: 00 level trading

Yep. I'm 10 pips down, ADR's getting maxed, more news to come. I can stick around and hope to trade out of it but for me it will be little more than revenge trading. Today I think is a good day to be a spectator and I think we are all doing some ...

As simple as possible: 00 level trading

If you're not going to even TRY and follow rules, please don't post here.

As simple as possible: 00 level trading

Maybe put up a couple of your charts for people to have a look at and advise.

As simple as possible: 00 level trading

Burpees? Looks like start of hour was above 300

As simple as possible: 00 level trading

I've got BOJ press conference coming up in 37 mins according to my news indicator. FF has it tentative. Anyone have anything more definitive on timing. (edit. just saw panamamikes comment)

As simple as possible: 00 level trading

Do you see anything wrong with them?

As simple as possible: 00 level trading