Why, I don't see any rules violated. Am I missing something?

As simple as possible: 00 level trading

EU LONG @.300 +2 manual TP. image Entry: Prior H1 retrace broken up in previous hour continued confirmed at entry of 00 level. Violation of red news rule (forgot about it). Exit: Wrong entry, red news coming.

As simple as possible: 00 level trading

EURGBP SHORT @.500 -10 SL. image Entry made based on M5 retrace pattern showing breakdown. Maybe too little retrace. And entry in pre-NYO then it gets decided in NYO, too risky..

As simple as possible: 00 level trading

EU LONG @.200 +5 TP. image Previous M15 retrace was broken up at entry at 00 level. EJ LONG @.400 BE SL. image Previous M15 small retrace was broken up at entry at 00 level. EUR strong against JPY but risky trade concerning dry pre-NYO hour and ...

As simple as possible: 00 level trading

Hello People, EJ LONG @.300 -3 manual SL. image Entry: A high risk, low probability trade... did not really like anything I saw this morning so I started digging down to lower TF on high momentum pair(s). Exit: Entered at top of a LH swing... when ...

As simple as possible: 00 level trading

Hello Chris and Everyone, Ever since I saw this I wanted to reflect on this as you address a very important question. For me this is and has been the biggest issue as well, what is a 'low risk high probability setup'? How do I find them, how do I ...

As simple as possible: 00 level trading

Well Michael, I don't understand why you are looking for other reasons when you have ignored/violated just one of the rules. It is enough start looking for reasons when you get a loss on a trade that first of all complied all the rules.

As simple as possible: 00 level trading

Hello Euril, I am still on demo however I do get (some) slippage maybe 50% the time. Check this one for example: url Usually I check the position after it was opened what is the level it was filled at and may adjust TP accordingly. Nevertheless ...

As simple as possible: 00 level trading

Thanks! Dear All, That's all for me today, see you later! - Áron

As simple as possible: 00 level trading

EURCAD SHORT @ .900 +5 TP. image Took the entry watching M1 PA. Ranging below BRN then breakdown from the range. I got entry at .888 so almost 1 pip slippage where I originally put the sell stop (.895). Applied manual position management ie. only ...

As simple as possible: 00 level trading

EURAUD LONG @.100 +5 TP. image Switched down to M5 to get proper insight to PA. Price found support above BRN forming a range, then M5 breakout from the range with confirmed continuation at .100 level made an entry for me.

As simple as possible: 00 level trading

Too much volatility on GJ now, last 4 hour bars 30-40 pips range, may quickly kick you out of your 10 pips SL. Better to wait until H1 range contracts. Or switch to lower TF and wait for a PA contraction/concentration there then enter at breakout ...

As simple as possible: 00 level trading

Hello Dave, As this is a scalping system going for mere 5 pips IMO the 'traditional' analysis that goes for 20-50-100 pips or more does not fit in here. On the other hand I agree not more than 5 extra 'rules' are needed to make it successful. On the ...

As simple as possible: 00 level trading

Good Morning Everyone, Joining only nowish, seems most of the markets made big moves already so it is waiting time now... isn't it.

As simple as possible: 00 level trading

Okay folks, thanks for all the thoughts, gotta go now, see you later! Áron

As simple as possible: 00 level trading

Back to this topic, very rarely it happened I also used limit order to enter, however it is tricky: 1. When it has already reached the 3.5 pips BE level I would not use a limit order to enter as that PA would originally take you to BE in this system ...

As simple as possible: 00 level trading

Sorry I just missed it somehow! Seems today I am not really focused... You know what is blowing my mind? That it was just in the past 2 weeks that I realized the importance of retrace/range - breakout/breakdown in this system (as well!). Okay, now I ...

As simple as possible: 00 level trading

AUDCAD LONG @1.0200 -10 SL image Entry: previous hour candle jumping away from DO got continuation confirmation upon entering the level, a reason for me to enter. Conclusions: could have manually got out at BE. I was too stubborn to acknowledge my ...

As simple as possible: 00 level trading

I've just realized I didn't even check the news calendar today.

As simple as possible: 00 level trading

CHFJPY LONG @.600 -10 SL. image FFO high followed by retrace, missed .500 entry, entered at .600. Good example of why you want to be looking for levels which are the first after a retrace is broken. Check out the same pair done well by MM from ...

As simple as possible: 00 level trading