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Wed's Level

  • #121
  • Jul 6, 2010 1:21pm Jul 6, 2010 1:21pm
Quote
now i am looking as a seller to this area 2644 to 2665
and will Sell EU @ 2665

and will Sell GU @ 5260 ( old Wed'sLevel )

for both GU and EU , SL must be 25 pips and TP more than 100 pips

regarding to EU price go close to 2665 then felldown , if it go again i will not sell it , i will sell it above that area once GU kiss 5260
  • #122
  • Jul 8, 2010 11:43am Jul 8, 2010 11:43am
good work man, the lvls are very good. im going live in afew weeks and i plan to follow your trades, the ones i catch. i dont ever have to know how you do it, just keep posting for like 30 years
  • #123
  • Jul 8, 2010 12:30pm Jul 8, 2010 12:30pm
Quoting perfectgrim
i dont ever have to know how you do it...
you're going live in a few weeks,using real $ and you are going to follow somebody's signals even although you have no idea how they do it?

With all due respect mate, do you think that's the wisest thing to do?

I personally wouldn't trade live with a single call from anybody unless I knew their signal matched my own analysis.
  • #124
  • Jul 8, 2010 5:41pm Jul 8, 2010 5:41pm
maybe not but i dont follow conventional wisdom, the levels have worked so far. why not trade them? i know how to trade, i do so decently on my own. however instead of my own sr lines i use weds and it has improved things greatly.

will put it like this, the end game for me doing this is as follows
1.) i make money
2.) i lose money and the theory of wed levels will be debunked.

but as i was saying i checked and traded some of the levels posted all of which were fairly spot on.
  • #125
  • Edited 1:05am Jul 9, 2010 12:54am | Edited 1:05am
Quoting perfectgrim
maybe not but i dont follow conventional wisdom, the levels have worked so far. why not trade them? i know how to trade, i do so decently on my own. however instead of my own sr lines i use weds and it has improved things greatly.

will put it like this, the end game for me doing this is as follows
1.) i make money
2.) i lose money and the theory of wed levels will be debunked.

but as i was saying i checked and traded some of the levels posted all of which were fairly spot on.

Good luck with that approach.

I am not saying weds levels are bad, or good. I have no opinion on them. I'm simply suggesting that my use of them is different to yours and I never take blind calls when using real $.

And you realize with your approach, not knowing why, you are only able to trade when wed gives his signals. Are you trading in forex be independant or to be dependant on somebody else for the next '30 years' lol.

cheers.
  • #126
  • Jul 9, 2010 1:47am Jul 9, 2010 1:47am
will short EU @ 2723 aiming eazy 15 pips , will add more short if price go to 2737.
  • #127
  • Jul 9, 2010 1:54am Jul 9, 2010 1:54am
Quoting Wedaei
will short EU @ 2723 aiming eazy 15 pips , will add more short if price go to 2737.
if price go closes to my entry , if not kiss Wed's Level and did its bounce ( like 10 to 15 pips ) , if it come back to Wed's level i will not enter unless i got clear confirmation from PA .
  • #128
  • Jul 9, 2010 3:02am Jul 9, 2010 3:02am
Quoting Parky
Good luck with that approach.

I am not saying weds levels are bad, or good. I have no opinion on them. I'm simply suggesting that my use of them is different to yours and I never take blind calls when using real $.

And you realize with your approach, not knowing why, you are only able to trade when wed gives his signals. Are you trading in forex be independant or to be dependant on somebody else for the next '30 years' lol.

cheers.
i trade to make money, anything beyond that is a detail in the plan.
  • #129
  • Jul 9, 2010 4:09am Jul 9, 2010 4:09am
AudJpn

this is first time i post Wed's level for this pair , i will buy it at 77.11/778 ( small lot size ) and aiming 80/100 pips , SL 20 pips
  • #130
  • Jul 9, 2010 4:51am Jul 9, 2010 4:51am
will buy EU (BIG LOT) @ old Wed's Level 2646/43 aiming TP1 2668/5 which is old wed's Level too and i mentioned it b4 in july 6
Quote
will Sell EU @ 2665

today u can see how 2665 try to hold price as a support.

yestrday i Sold this Level 2665 two times without drowdown.

this trade soo risky and better to not trade it at news time.
  • #131
  • Jul 11, 2010 7:45am Jul 11, 2010 7:45am
HelloWed. I came across your thread tonight and Thumbs up.

I remember you from the wisdom skype room. Yes the power levels, wed levels or what ever level you would like to call it, do work.

I have also started a thread on EURUSD levels a few months back and I am having great success and I noticed your posts Eurusd levels are the same level.

I also noticed that you are using this style of trading with more pairs which I knew was possible. I have focused on Gold and EU, as EU can keep us busy.

I have also started to use this style as first bounce, then reverse with trend, and I have also used these levels as scalps plus big Swings between levels as these levels are nothing but price equilibrium. A magnet for price like wiz would say.

Its funny. I noticed that wiz called 2660, you called 2665, and I had 2669. And we will made $ however we played it.

Yeah I miss the old skype. but keep it up. the Levels are the most accurate way to trade. I'm building confidence in these levels and this style of trading. Soon enough, huge Lots!

Thanks for leaving this thread OPEN to public as I kept mine Private and Thank you forum readers for Not Posting in my Journal. Its Strictly Research and a quick way to reference back to past Analysis.

Journals can improve our trading!!
  • #132
  • Jul 11, 2010 5:42pm Jul 11, 2010 5:42pm
I Will Sell @ 2652

TP1 30 pips

if price go up will average postion from 2674/77
  • #133
  • Edited 9:07pm Jul 11, 2010 8:47pm | Edited 9:07pm
i miss great Short , price close to my entry 4 pips
Quote
I Will Sell @ 2652

NOW i will Buy @ 2577 or 2581 ( price now @ 2588 )
TP1 70pips

i will not put SL and think about it later
  • #134
  • Jul 11, 2010 9:04pm Jul 11, 2010 9:04pm
i will buy GU @ 5003 SL 27 pips and TP 90 pips
  • #135
  • Jul 11, 2010 9:19pm Jul 11, 2010 9:19pm
Quoting Wedaei
i will buy GU @ 5003 SL 27 pips and TP 90 pips
i am in Now , hope it work with me.
  • #136
  • Jul 11, 2010 9:32pm Jul 11, 2010 9:32pm
regarding to Post # 130 i mentioned that NO TRADE at NEWS and it was news and price felldown in crazy way ( i bought in news time under my responsability and stopped out with loss 16 pips ) , but price come back to Wed's Level once market get quite.
-------------------------------------

brother Ipndasno

thanx for ur nice comment and will continue posting REAL TRADE , what i am planing to do before i did trade ..
  • #137
  • Jul 11, 2010 10:10pm Jul 11, 2010 10:10pm
Quoting Wedaei
i will buy GU @ 5003 SL 27 pips and TP 90 pips
i bought it and closed it now @ 5022

why i closed it ?? becase i think EU may felldown to my Entry and GU fallow it , if that happen then i can buy both EU and GU again.
  • #138
  • Jul 15, 2010 7:39am Jul 15, 2010 7:39am
4EU the top of today may be 2861.
  • #139
  • Jul 22, 2010 5:00pm Jul 22, 2010 5:00pm
hows the week been to you?
  • #140
  • Jul 23, 2010 2:31am Jul 23, 2010 2:31am
i have problome in my skype

any way in EU i have wed's level @ 2840

i place pending order BUY 2840 , must SL 7 pips and TP 70
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