Level in Level out

Both level are correct... Price look to be correcting a bit after 3 weeks 450 pips drop... maybe getting new levels in between too.
It's all good bud good luck this week.

Just had a sell trigger at 1.0727.

Thats a good sell. I missed putting sell limit on that level but did bank 57pips on that level on buy trade.

I see the thread quiet, and I can understand, there is no bling bling her nor should be.
Okey so here is the story of what's happening, it is nothing short of what always happens... price makes a run then corrects for a while then makes a run corrects and so on and on...
This time around it was a bit unfortunate since it did not give us a chance to get on ride of 450pips drop, normally it does at least once or twice to benefit from trend moves as well. This was one of the nicest clean-cut runs in some time, pullback drop pullback drop giving no DB/DT.
what I like to hit home is this now... during the run which lasted about 3 weeks we were hit with 5 stops in a row total of -150pip... now what it seems to be is a sideway action which has already given us 3 signals, all winners... none of them were even full 3R and still has wiped all the losses, and the correction has just started... in is inside a 150 pips range up and down, how long it will last who knows... take it at face value and trade the heck out of it.
The key is, Patience, Staying The Course, just like any other successful trading style or life in general. Jumping the gun or second guessing or moving from systems to systems and else does nothing but damage and chaos to your trading career.
Sure, you did not make money in 3 weeks, and you lost some on top of it... but trading is not clean cut, market is not clean cut, it's made of lots of twist and turns... There is not a trading method that does not go through up and downs, good runs and bad runs etc,... it all averages out in the end, but that is, IF you stay discipline, trust the process and stick with it, that is your only edge in this market.
The point is how you handle the Bear time and how you maximize the Bull time.
When this correction lasts for couple of weeks you will make ton of money, it will recover all lost times and plenty more... but IF you did not go crazy during the down time, giving up more than you should have and else.

Anyways I hope it makes sense.

I agree that the price has not given us any opportunity to rise in the downtrend in some retracement, added that it has been a strong fall, it has caused the sum of several losses, but if that is one of the worst possible scenarios, and even Thus the losses are recoverable with a positive operation or managing some operations with lower R:R...,
One question, nadi-fx, how did you manage the accumulation of 57 pips, did you place it in BE and when the price returned, did you take it out in BE, or did you close the trade with a risk of less than x3? to recover part of the previously accumulated losses.

I never moved the stop to BE and just closed it right at the reverse level for less than 3R. Need to recover from some of the losses.

I understand, I did something similar on Friday while waiting for new opportunities.
Currently sold at the 1.0734 level

Sell activated at 1.0785. Currently up 40 pips.

We got a new week at hand inside a 150pips sideway action which is good for us... currently short from 7815 LV and free riding.
All levels are intact orders are all set...

GL

Please can you share the indicator
thanks.

Please is this an indicator or did you just draw the lines ?

Attached Image (click to enlarge)

If this is an indicator could you please share it here

eu update

You mean like this... why would you exit on such a great trend play jackinthebox
look I see now then people come in here and present something else and some of your praise it... ok fine
There are many ways to skin a cat... stick to what we do here... but if you all want more than what I have presented then let me know, I got four different entries for every phase of the market movement... show your interest then I make the effort to show you how you can profit or play the price from every step.

it is exactly in time like this that one needs to be prudent of FOMC
because my entries were only of today. some will survive some will not.
seems like a lot of assumptions had already been made.
of course you have it your way. no problem to that. need not be on . no good for health. bye.

ok. one SL hit.
i see that the other SL been shifted down. good.

two long TPs around 90 pips.
one long TP around 120 pips.
i reckon that they would qualify as TP in this thread as per post 1.

LOL

Buy limit at 1.08970

I entered on that buy trade at 1.08970. Quick 30 pip loss on that one.