EURAUD (M1) BE at LO - EU and AU close to resistance levels, so slightly risky. Probably why PA ended up ranging. SL moved to BE when up a few pips. image

As simple as possible: 00 level trading

Yes nicely done. Both pairs were pretty much a mirror image. For the moment, I'm only really looking at EU, EJ, UJ, AU AJ. I found in the past that too many pairs was just too much to follow. Now I think I know a bit more about what I'm looking for, ...

As simple as possible: 00 level trading

AUDUSD TP -A little risky entering just before LO image

As simple as possible: 00 level trading

Thanks for your advice. Some interesting points have been raised. From how I understand it, filtering out extreme values as pairs containing those currencies are more likely to reverse. Meaning the others will have more room to move. I still prefer ...

As simple as possible: 00 level trading

Hi LuXing, Thankyou very much for sharing this with us. It is greatly appreciated. Your trading knowledge and the charts you have posted have been invaluable. I do hope that you can contribute in some way by sharing your wisdom and your trades on ...

As simple as possible: 00 level trading

Hi ewokuk, Thankyou very much for your in-depth reply. It is greatly appreciated. I will have to keep the 50 levels in mind. I have heard of them mentioned in other threads (as well as 25 levels) but I hadn't thought too much about them. Currency ...

As simple as possible: 00 level trading

AUDUSD SL from FFO yesterday (TP if using 5 pip TP) I made two mistakes here: 1. I initially mis-read the strength of the USD when entering the trade. 2. I didn't protect my capital by moving my SL up to at least BE when the price quickly moved up ...

As simple as possible: 00 level trading

Hi Everyone, I'm hoping to be able to trade a lot more from now on. Still figuring out how I want to trade the method and how to find the best entries. I like to wait for a re-test of the level (after a 5 pips+ pullback) before entering. From what ...

As simple as possible: 00 level trading

EUR USD (Closed out manually for a small gain due to some sideways PA) Eventually would have gone to TP. I need to do some more back-testing to better determine my trade management. My entry is on a small TF, but should I be more patient and base my ...

As simple as possible: 00 level trading

Hi Everyone, I am trying a new approach to this method. Going to be watching just EU, EJ and UJ pairs. I am using an M1 chart with M5 Any Candles and will wait for a re-test of a level, or a good pullback prior to PA reaching the level (at least 5 ...

As simple as possible: 00 level trading

Yes I did read your posts about not entering in the first 5min of a new market open. I remember one where you mentioned that PA either goes your way very quickly, or goes against you (or words to that effect). I might actually make that a rule from ...

As simple as possible: 00 level trading

Trades from this morning: AUDUSD TP - Entered after PA broke the 0.76500 level, hit the 0.76450 level and moved up slightly. image AUDCHF SL - PA reversed after LO. Should have waited for a re-test of the level after LO. There were also signs that ...

As simple as possible: 00 level trading

Yep there are heaps of examples. I should look at them all again. Yes, in using the 9 pip SL, I try to look for high probability setups, zooming down to the lower TF to get a read on PA. During FFO, I tend to wait for a re-test of a level to ...

As simple as possible: 00 level trading

Hi LuXing, I read most of the thread last year and found that Masterrminds trades appealed to me the most. So I studied Masterrminds charts and I try to base my entries on an understanding of Price Action that I developed from looking at those ...

As simple as possible: 00 level trading

Trades from London Open this morning (News headlines not correct): AUDUSD TP image USDJPY TP image GBPUSD TP image

As simple as possible: 00 level trading

A few trades from last Thursday (24th) (Spreads shown not correct) GBPUSD SL - A little unlucky. The initial test of the entry level at LO was very brief. In hindsight, I should have waited for another test before shorting that level. image USDCHF ...

As simple as possible: 00 level trading

A few trades from FFO (Note that spreads are not accurate for FFO as the screenshots were taken later) USDCHF TP (M5) image GBPUSD SL (M5) - Only just hit 9 pip SL - Against the Rules (shouldn't trade 700 level at FFO) Burpees Done image EURJPY ...

As simple as possible: 00 level trading

Hi all, I had a break from trading for a bit after trying this system with different SL's and TP's, which combined with bad entries, didn't work out. I'm glad I got it out of my system. Currently using 6TP and 9SL. Still learning a lot and trying to ...

As simple as possible: 00 level trading

EURJPY and AUDUSD from TO: (Note: The two pending short orders on the AU were only to test hotkeys in mt4) image image

As simple as possible: 00 level trading

EURAUD SL - Got a bit carried away. Not a low risk entry. image

As simple as possible: 00 level trading