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  • #181
  • May 4, 2023 4:21pm May 4, 2023 4:21pm
Quoting nadi-fx
{quote} Its okey... repetition will build confidence in time. I probably would have been in this trade still if I had not missed the buy trade on Tuesday (good for 140pips) and down 30 pips on Wednesdays. If was sitting on +100 with a open position in profit at zero risk, I would have let it ride and risk to get more with NFP. But must deal with reality of current position. GL
Might sell again if it manages to get to the marked area during London trading before NFP
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  • #182
  • May 4, 2023 5:05pm May 4, 2023 5:05pm
Quoting Jewel1996
{quote} Might sell again if it manages to get to the marked area during London trading before NFP {image}
Sounds good... but my level is up higher where it was before, 10845 ish LV
I know you see the new wick but it's not a peak and is just a continuation of that bear move, however price could just react to that and bounce, it's just not my structure that I could go by.

GL
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  • #183
  • May 4, 2023 5:40pm May 4, 2023 5:40pm
Quoting nadi-fx
{quote} Sounds good... but my level is up higher where it was before, 10845 ish LV I know you see the new wick but it's not a peak and is just a continuation of that bear move, however price could just react to that and bounce, it's just not my structure that I could go by. GL
yes my LV is 1.10865 too. Just expecting a bounce if it gets to that area and treat it as a sort of sell trade continuation
  • #185
  • Edited 11:34pm May 4, 2023 11:17pm | Edited 11:34pm
Keep focus on, Trading and Profitability, rest is nothing but fairy dust.

so...
A new buy level developed today at 9908.
Going into tomorrow to close out the week on NFP day we got three levels to deal with. I have my orders set on each.

GL
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  • #186
  • May 5, 2023 12:38am May 5, 2023 12:38am
Good luck today folks.
Have a great day everyone
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #187
  • May 5, 2023 1:22am May 5, 2023 1:22am
Quoting nadi-fx
Keep focus on, Trading and Profitability, rest is nothing but fairy dust. so... A new buy level developed today at 9908. Going into tomorrow to close out the week on NFP day we got three levels to deal with. I have my orders set on each. GL {image}
I would have thought that today being NFP news day, you would have reduced your limit orders to just the extremes 0940/1086 because of anticipated volatility.
I believe it is the reason you put the new buy limit order at 9908 instead of 9960.May be I am not yet getting somethings right
  • #188
  • May 5, 2023 1:39am May 5, 2023 1:39am
looking to short here if the H4 close at 1,1036 or just below
Its all just one persons opinion
  • #189
  • May 5, 2023 1:57am May 5, 2023 1:57am
Quoting Jewel1996
{quote} I would have thought that today being NFP news day, you would have reduced your limit orders to just the extremes 0940/1086 because of anticipated volatility. I believe it is the reason you put the new buy limit order at 9908 instead of 9960.May be I am not yet getting somethings right
No, just doing what I do normally. The wick is about 21 pips so down 2/3.. or inward 7 pips.

about orders on extremes, you are correct to be in safe side. I am just hoping to be triggered before the release, which most likely won't happen. Price atm is 50 pips away from each limit, it's a decent distance I just keep it.
I will be sleep most likely when NFP happens, but I am comfortable with the orders and stop hits.

GL
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  • #190
  • May 5, 2023 9:06am May 5, 2023 9:06am
Goodmorning, so not whole lot of action on NFP, straight bear shoot for 40 and bounce... triggered my 9908 LV by going through it but withstand the stops... now at Breakeven point and going.
hopefully continues for profit to get me to my weekly goal... at +50 prior to this trade.
Go bulls lol...

Hope you all having a great day so far.
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  • #191
  • May 5, 2023 10:11am May 5, 2023 10:11am
Quoting nadi-fx
Goodmorning, so not whole lot of action on NFP, straight bear shoot for 40 and bounce... triggered my 9908 LV by going through it but withstand the stops... now at Breakeven point and going. hopefully continues for profit to get me to my weekly goal... at +50 prior to this trade. Go bulls lol... Hope you all having a great day so far. {image}

Nice nadi-fx

That's about the same here too.

What would you recommend with the current trade we are in. would you normally close the trade before weekend closing?

The other limit trades not yet triggered, would you normally cancel them before close of today and re-evaluate on next weeks opening.

I remember you writing about it but cant seem to find it now.

Thank you for your time.
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Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #192
  • May 5, 2023 10:28am May 5, 2023 10:28am
Quoting Seabreeze
{quote} Nice nadi-fx That's about the same here too. What would you recommend with the current trade we are in. would you normally close the trade before weekend closing? The other limit trades not yet triggered, would you normally cancel them before close of today and re-evaluate on next weeks opening. I remember you writing about it but cant seem to find it now. Thank you for your time. {image}
I see where it lands hour before the close... I normally close open position, but most likely i will keep this one open over weekend I like the engulf in the making.
Other orders I will delete them all at close.
plz find that post because I think I went more in depth on this matter.

Great trade. well done.

GL
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  • #193
  • May 5, 2023 10:29am May 5, 2023 10:29am
Hi nadi-fx

Would you now be considering 10475 ish as a new mid level on market open next week if price hasn't reached it today ?
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #194
  • May 5, 2023 11:53am May 5, 2023 11:53am
Quoting Seabreeze
Hi nadi-fx Would you now be considering 10475 ish as a new mid level on market open next week if price hasn't reached it today ?
Yes, I would, it is a level. It is a mediocre level with some FOMC implications. This a refection spinner H4 spinner candle.
I wouldn't put a sell limit there for a new trade because is Friday and market close and give the buy trade a chance to break it hopefully. so it remains to be seen still.
i will make post about all this near close or after.

I like how you are paying attention to details... it becomes handy when things get rough at times

GL
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  • #195
  • May 5, 2023 12:26pm May 5, 2023 12:26pm
Buy trade as it stands now, love the engulf, mass of money i hope was inserted there for big move... atm 40+ gain and stop at BE.
Will see if it gains more and how it reacts at 10475 area.

... on my chart levels are all set for next week... we got Four LV, two peaks and valleys and two mid-range.
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  • #196
  • May 5, 2023 1:48pm May 5, 2023 1:48pm
Quoting nadi-fx
Buy trade as it stands now, love the engulf, mass of money i hope was inserted there for big move... atm 40+ gain and stop at BE. Will see if it gains more and how it reacts at 10475 area. ... on my chart levels are all set for next week... we got Four LV, two peaks and valleys and two mid-range. {image}
I exited with 40+ pips gain. Hoping for a re entry at around 1.10 on Monday if it retraces down to that level.
Thank you once again nadi-fx
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  • #197
  • May 6, 2023 3:57pm May 6, 2023 3:57pm
Hello Nadi and thank you for your work!
Quoting nadi-fx
all set for next week
For better understanding may I ask you to post one more picture without non actual old levels? I see here so many lines that I'm afraid I'm lost in them.
Thank you!
Just an opinion. Based on research
  • #198
  • Edited 4:21pm May 6, 2023 4:08pm | Edited 4:21pm
Quoting since80808
Hello Nadi and thank you for your work! {quote} For better understanding may I ask you to post one more picture without non actual old levels? I see here so many lines that I'm afraid I'm lost in them. Thank you!
I can't do that buddy I like to have the old lines on my chart.
But, my chart is always up to date with levels. Any Level lines that you see is cut, that level no longer is in play.

GL
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  • #199
  • May 6, 2023 4:20pm May 6, 2023 4:20pm
I came to think of it I can open a new chart... here it is.
I drew the current LV in play and the origin of it (red circles)

I hope it helps.

GL
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  • #200
  • Edited May 7, 2023 12:48am May 6, 2023 6:47pm | Edited May 7, 2023 12:48am
Week in review...
We were blessed with five level to level trade opportunities to deal with in sideway action. FOMC/NFP week and no real breakout occurred... NFPs dust still is not settled tho, and that is why I kept my buy position open hoping for bullish continuation.
Produced two winners +140/+80... one stop hit -30... one BE and one pending, in profit for 20 at zero risk as of now.
Overall, a successful week with surpassing the weekly goal and beyond.
However, as you all know some of us did not trigger on the buy trade and I was one of them. But still, managed to bank +50 for the week with an open buy position at +20 on zero risk. Hopefully shoots up so I can meet my weekly goal of 100 and plus.

For the coming week we got 4 solid levels to place limit order, two extremes and two mid-range levels all clearly visible in the chart below.

I thought people were more engaged, active, posing great questions, observing and some expressed concern and dismissal about the whole deal, which is all good and fine.
The fact is forums belong to public, and everyone are surly the master of their own judgement for their own good as to beak who and what is right or benefits them to follow or unfollow. All that is good as long as agendas are purely to only serve good.
I am only sharing not teaching technicals, everything in this market has been already taught and shared for million times. Everyone does it in their own taste, style, flair and some tweaking which might fall in-line and suitable with some others, to trade together in a peaceful community. All systems and methods etc after X's and O's, comes down to how well you manage risk consistently in a structural manner... and that is a never-ending process of learning, practice and executions in the heat of the battle.
Respect is all I have asked for and kindly reminding it.

Looking forward to the new week and positive results.

GL
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