its all just one persons opinion....
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Disliked{quote} typo I think, but cant see what it should be. 1.0915 ish is the next low I haveIgnored
DislikedRight… have today installed MT5 iOS app to see if I can trade this method with iPhone while traveling (will be in Austria & Italy next 2 weeks). Only my second trade using this approach &, as I do not have an MT5 broker, all in Sim mode. I’m Long from just below my lowest level as price so often tags the 100 levels; as it’s Friday & trade has reached +20 or so, will move stop to b/e soon & def close position for weekend. Thanks for thread, nfx . {image}Ignored
DislikedI’m Long from just below my lowest level as price so often tags the 100 levels; as it’s Friday & trade has reached +20 or so, will move stop to b/e soon & def close position for weekend.Ignored
DislikedAlright guys I decided to take a stab at 9100 level even though it falls to my 2W filter. I see price reacting to it for several candles and the level is still within bracket I will make a audible and go for it... it's worth a shot. GL {image}Ignored
DislikedI am always intriqued at how people determine levels the way you do! When I look at a chart it just seems like so many levels. So I shall be following closely and learning more. Any tips on how you spot levels?Ignored
Disliked{quote} Goodmorning, so the none signal sell trade did not work out but I lost only 12 pips on that one moved the stops up before going to bed after a little cushion it gave. overall, a dumb trade not within the plan but I was up +40 and this probably was the only chance to get me back to my weekly goal... still finishing the week with +30. I consider this week a survival one... trades were against market will and that's when power of 3R comes handy, one win covers 3 losses, with 25%-win rate you breakeven. I am done for the week all orders removed....Ignored
Disliked{quote} Price pulls back gives you double top and shoots down you will make money and possibly continue to stay in the trend, (next phase I will show you, if still here) Please are you thinking of leaving soon? I do not understand what you meant by "if still here"Ignored
Dislikedif its not giving me the 3R I initially have the target at next level but if i see price is reacting to this mediocre level and not breaking through it then i just bank, but i give it a chance to break it. for example on the current short trade i got my tp at bottom level and not at the immediate one that is about 70 pips. Please do you have specific price action strategy to determine if price is reacting to or breaking a mediocre level? Do you sometimes go down to the lower time frames eg H1 to see this reactions? I guess it may also help to explain...Ignored
Disliked{quote} I never go to lower time frame if anything I go up. No specific PA strategy... it either breaks the level hard or reacts to it with a hesitation or bounce. I will at times give it the chance for the hard break, that's all. Now... 1. If level is short of my 3R, I hold for the break to bank at next level for 3R. (Like on the buy trade this past week) 2. If level satisfies 3Rs but it's in a sideway action I bank at the quickest hesitation. (like the sell trade mid this week for 103) 3. If level is in the trending mood PA stepping, I will be...Ignored
Disliked{quote} I never go to lower time frame if anything I go up. No specific PA strategy... it either breaks the level hard or reacts to it with a hesitation or bounce. I will at times give it the chance for the hard break, that's all. Now... 1. If level is short of my 3R, I hold for the break to bank at next level for 3R. (Like on the buy trade this past week) 2. If level satisfies 3Rs but it's in a sideway action I bank at the quickest hesitation. (like the sell trade mid this week for 103) 3. If level is in the trending mood PA stepping, I will be...Ignored
Disliked{quote} Price pulls back and resumes and breaks the valley hard every time you will lose 30 every time... but if shows slightest reaction/bounce you still might get away with BE results at times. This last scenario is not quite clear to me. Will appreciate further clarification if possible. may be a chart example will help if you can spare the time RgdsIgnored