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Level in Level out

  • #401
  • Jun 23, 2023 9:28pm Jun 23, 2023 9:28pm
Quoting mdz4h5
I entered on that buy trade at 1.08970. Quick 30 pip loss on that one.
This is a great system as it identifies a very important point/area. Big thanks to nadi-fx for pointing this out!
But you guys/gals are predicting a reversal instead of reacting to what the market does
  • #402
  • Edited 11:24pm Jun 23, 2023 11:08pm | Edited 11:24pm
Quoting Kafin
{quote} This is a great system as it identifies a very important point/area. Big thanks to nadi-fx for pointing this out! But you guys/gals are predicting a reversal instead of reacting to what the market does
you can always adjust to your own needs and experience what to do when price is around h4 level.
if you are waiting for price reaction around h4 level, then one has to go to the lower time frame something like m5 to look for that.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #403
  • Jun 24, 2023 7:54am Jun 24, 2023 7:54am
Quoting Kafin
{quote} This is a great system as it identifies a very important point/area. Big thanks to nadi-fx for pointing this out! But you guys/gals are predicting a reversal instead of reacting to what the market does
You are right in what you say, but to react to the price you have to be in front of the screen, in principle the system is to place an order and play with the distance of the stop and the ratio.
  • #404
  • Nov 10, 2023 1:25pm Nov 10, 2023 1:25pm
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Stay the Course
  • #405
  • Nov 10, 2023 1:43pm Nov 10, 2023 1:43pm
Hi Nadi,

Your system looks great, very mechanical and unambiguous which I love!

I'm curious if you recall your highest amount of consecutive losses to date? Don't suppose you have an approximate win rate? My apologies if this has been answered in previous pages, I'm just working my way through them now. I look forward to joining you next week.

Have a great weekend.
  • #406
  • Nov 10, 2023 2:17pm Nov 10, 2023 2:17pm
I am going to make some changes to the 1st post regards to trade structures for the sake of this thread to make it safer.
Limit order types of trading is not for everyone.

Thx
Stay the Course
  • #407
  • Nov 10, 2023 2:18pm Nov 10, 2023 2:18pm
Quoting daviejwg8
Hi Nadi, Your system looks great, very mechanical and unambiguous which I love! I'm curious if you recall your highest amount of consecutive losses to date? Don't suppose you have an approximate win rate? My apologies if this has been answered in previous pages, I'm just working my way through them now. I look forward to joining you next week. Have a great weekend.
My results got nothing to do with you all can achieve. I have had bad weeks and good weeks but more good ones.
Stay the Course
  • #408
  • Nov 10, 2023 3:57pm Nov 10, 2023 3:57pm
So first post is revised...
The big change is we got confirmation now before entering versus none before.
in detail: you will wait for H1 candle rejection at the level before taking position.. therefore, replacing Limit orders with Stop orders
Thats it.
Please read the 1st post.

Thx
Stay the Course
  • #409
  • Edited 8:49pm Nov 13, 2023 9:17am | Edited 8:49pm
I ended up deciding to open a new thread for the changes. The changes differ, and it's better to have its own place. I trade both ways using limit orders and go for it without confirmation when I see fit, and distinguishing between was just too much of a task to explain and display. The other thread will serve as a safer way to trade, and I thought it would fit for more people, so that is why I will be active there and keep that thread going.
If you are interested, visit that other thread called " Level in Level out 2.0."

Cheers.
Stay the Course
  • #410
  • Last Post: Dec 30, 2023 11:43pm Dec 30, 2023 11:43pm
I have finished reading your two threads, sorry, I think your trading system has been a failure so far. Even if you started a new thread "Level in Level out 2.0", it's useless. The fact is that you are also exploring and constantly being stopped out. A 3R is just a beautiful imagination!
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