Indeed, the first one arrived at SL and the second one already in BE.
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Disliked{quote} I am assuming NOT... because the candle broke the level and closed above the level. That said the close of the next 4 hour candle could indicate a fakeoutIgnored
DislikedIndeed, the first one arrived at SL and the second one already in BE.Ignored
Disliked{quote} Thank you for your response. I read everything before now. The post 7 is what I am trying to apply to this entry. from my understanding, the applicable swing is either H4 candle of April 21st at 8.00 or April 20th at 12.00. In the case of both candles, the wick is longer than 20 pips. So my understanding is the 10 pips inward rule should apply. The low of 20th is 1.09380 and so limit should be at 1.09480 and also; the low of 21st is 1.09334 and so limit should be at 1.09433. I hope that I have the right understanding of what you kindly shared?...Ignored
Disliked{quote} hi and thank you. The answer to this question is in my first post... but thread is young, and I'll answer it again. I filter with "Time", Two weeks. Recent levels! as you also mentioned. Recent to me is two weeks. Otherwise, you will have a level at every step of the price. If no reaction on a level after two weeks is dead to me, I don't care how strong once it was. so in short... * Two weeks with no rejection reaction * or... once is broken. GLIgnored
Disliked{quote} Please if I may ask, is the swing level of April 17th with buy limit order at 1.09118 still meeting the time filter of two weeks maximum? It is now two weeks and some few days old!!! just for clarifications please thank you {image}Ignored
DislikedBounced around and stopped out except for the sell triggered at 1.1089. Nadi, assuming we go back up and revisit that area would you have another sell limit order there, and if so would you shift your current stop loss above the entry point? ThanksIgnored
Disliked{quote} You are and should be already in it from earlier trigger, so no need to re-enter again as this trade never surpassed the turmoil. However, if you used the trail stop and now kicked out at BE it's also fine. But I would not re-renter on any level unless I get a whole now V action. I personally still in this as is shown on the chart below with stop at 30pip intact. GLIgnored