Stay the Course
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DislikedHi nadi-fx, thanks for sharing. EURUSD alone or does it also use more pairs? I understand that he uses any level marked on the chart to enter if he is given a 1:3. It looks Interesting and a good time stamp to not spend all day in front of the screen.Ignored
DislikedGreat Thread Nadi! Based on your first Post I can tell that you are a very experienced trader. Everyone who visits this thread should take this guy serious and learn from his Charts! ____________ Could you elaborate more on how you draw your Zones? I see a few squares and lines, how do they differentiate? Your lines are sometimes neither on the body nor on the bottom of the wick. Are the lines exactly where you want to enter, or do they just visually show where you generally want to enter (around this area). What if your desired 3R TP doesnt make...Ignored
DislikedCurrently short from 9805 LV. I would normally be short on this on its way up with sell limit but due to weekend on Friday i closed the hovering around breakeven and now since price looks to be resuming back to the LV I took it again with market order. I normally close all open positions (unless in massive gain) and remove all order for over weekend time just to be safe if there is a Armageddon, you never know in today's world lol. {image}Ignored
DislikedReading the thread I saw that an operation like the one he took was prepared, this time SL. Prepared the following levels and testing in demo. It treats the levels the same, sl and tp whether or not there is a trend?, as in the current case. One last thing, because of the translator I did not understand correctly, when the price goes in your favor, 30 pips move to BE and let the operation develop? {image}Ignored
Disliked10695 LV is the next one likely to be triggered with sell limit. 30pips hard stop in place the 30 pips one time trail in place and target I put it between the two jammed levels for about +140 I will exit that trade no matter what at that point, it's a good enough profit what my plan and goal I can care or less if this drops in mass. just thinking ahead of time based on structure and plan.. that level could get run through and shoot up to the moon and take me for 30, np... or yet worse, it could fake out for 40 hit my 30 stops then runs down, lol......Ignored
DislikedI noticed PA reacted to this tiny mediocre level, I don't mind taking a shot at it... the buy in on. There are two other levels below this one that I initially looked to take up on and still have buy limit on both... either price goes crazy bear and zip through all of them or bounce of off one of them, won't be in it till test it. GL {image}Ignored
DislikedHi nadi, When determining your levels, do you use any sort of trendline breaks to filter out the mediocre levels? I assume they are mediocre because they fall between a high and low levels? thx {quote}Ignored