Rule #2?

As simple as possible: 00 level trading

I look at ADR(50) which for UJ is 42, and today the pair only moved 21 pips in total that is 50% so there's room. I also tend to look at this from a spread+comission vs. ADR perspective. My indicator for this shows that the UJ ADR(50)/avg(spread) is ...

As simple as possible: 00 level trading

image Not the best one to have taken... As Udine said, try to find out why you should not take one. Previous H1 green candle closed low, maybe at 50%. Still valid, however at the time of taking the trade, upward momentum has decreased. Not a lost ...

As simple as possible: 00 level trading

I am USDJPY LONG @101.500

As simple as possible: 00 level trading

Good Morning Everyone, EJ to TP. EU and UJ were moving the same direction that's why I picked EJ. Áron image

As simple as possible: 00 level trading

Okay, I start the weekend now, see you next week folks!

As simple as possible: 00 level trading

I was eyeing that too, but somehow just felt incomfortable with the whole situation. In first 3 hours of europe it went up 35 pips. But it'll be okay now seems! EDIT: or not...

As simple as possible: 00 level trading

Agree. Not to mention a live account may show some (negative?) difference in trade execution performance (timing, slippage, etc.) that is good to learn about as well. Áron psedit: sayin' all this while being on a demo. still learning the system ...

As simple as possible: 00 level trading

Closed @ BE. image

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Pulled to BE, as this is a riskier situ considering all!

As simple as possible: 00 level trading

Ohh, holy... I just see on my other account with other broker that UJ DO is slightly below 101.300! Anyway, at my UdineSystem trading account setup is valid, so I keep it.

As simple as possible: 00 level trading

I am UJ SHORT @101.300.

As simple as possible: 00 level trading

Londoners ... conservative people ... they don't seem to be definite about this new color for their old city-buses

As simple as possible: 00 level trading

Thank you! And I thank to Udine, one of the very few such inspiring system and trader I've met since started wandering fx-world. Many AHA-moments thanks to this thread!

As simple as possible: 00 level trading

EU +5. image Yeah, I was crossing fingers as well, but the 10 p SL is also part of the rules/game. Also I had the DO line 2 pips above the .36050 so I was expecting some support there, waiting to see what happens. And it payed off! Anyway no one ...

As simple as possible: 00 level trading

Hey 29, Why did you SL @ -5 pips?

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I am EU LONG @1.3610

As simple as possible: 00 level trading

Good Morning All, Udine, you're a buddha, and that's what makes it right! Let's just watch him, folks.

As simple as possible: 00 level trading

Given the circumstances and that it fast jumped out of first 00 touch after merely dipping 2 pips would have been wiser not to take first 00 touch but wait to see if it gets weaker and take only the second 00 touch (of same level!) if any (see blue ...

As simple as possible: 00 level trading

Yeah, made it well right at the end of the hour, still I am not proud of the entry. The market was kind of UP-ish and as Udine pointed out late-ish.

As simple as possible: 00 level trading