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Wed's Level

  • #481
  • Nov 16, 2010 11:36pm Nov 16, 2010 11:36pm
EU

best price to short 3519 ( or even 3501 consider in mind SL)
SL 3530 ( 11pips)
TP 3477 (low of yestrday) ,
  • #482
  • Nov 16, 2010 11:48pm Nov 16, 2010 11:48pm
GU

i can see 5922 is best price to sell it SL 5955

TP 70 pips

but u can start short form 5892 , 5900 small lot considering in your mind SL 5955
  • #483
  • Nov 16, 2010 11:51pm Nov 16, 2010 11:51pm
Quoting Wedaei
EU

best price to short 3519 ( or even 3501 consider in mind SL)
SL 3530 ( 11pips)
TP 3477 (low of yestrday) ,
i sold it @ 3501 now will add more if reach 3519
  • #484
  • Nov 17, 2010 12:01am Nov 17, 2010 12:01am
Quoting Wedaei
i sold it @ 3501 now will add more if reach 3519
i short it as i aplan for it.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 17nov.png Size: 10 KB
  • #485
  • Nov 17, 2010 12:22am Nov 17, 2010 12:22am
Quoting Wedaei
i short it as i aplan for it.
sorry guys , have to leave now for urgent situation.

i closed both trades +9pips (current price 3495 )
  • #486
  • Nov 17, 2010 4:24am Nov 17, 2010 4:24am
Quoting The Captain
The power of trendlines!
Hi Wed,
are your levels really trendlines as captain asserts in the quote above? If they are not can you please explain a little further how you get these levels. Undoubtedly they work quite well that's why I'm interested. Thanks, Meshach.
  • #487
  • Nov 17, 2010 8:39am Nov 17, 2010 8:39am
Quoting forexcompoun
Hi Wed,
are your levels really trendlines as captain asserts in the quote above? If they are not can you please explain a little further how you get these levels. Undoubtedly they work quite well that's why I'm interested. Thanks, Meshach.
Wed gives little away and hence i am reluctant to follow something i don't fully understand.

However I've had private pm's with Wed and I've expressed how i think he does it (same as Capt, higher TF trend line) because i can create the same values, however Wed pick these valuse e.g. there may be 3 in an area yet he picks only 1, so he must have added rules.

anyway hope all is ok Wed
  • #488
  • Edited 5:37pm Nov 17, 2010 4:39pm | Edited 5:37pm
Quoting kraven
Wed gives little away and hence i am reluctant to follow something i don't fully understand.

However I've had private pm's with Wed and I've expressed how i think he does it (same as Capt, higher TF trend line) because i can create the same values, however Wed pick these valuse e.g. there may be 3 in an area yet he picks only 1, so he must have added rules.

anyway hope all is ok Wed
nothing to do w/trend lines.... some downside #s to play if we get there, 3408 3310 3289 (strong)
Look at where on a daily chart these #s lie and maybe you will understand
  • #489
  • Edited 12:14am Nov 18, 2010 12:04am | Edited 12:14am
EU

i expact Price start to go Down from Wed'sLevel 3606 or 3624 targeting 80pips, SL 3630


note ( GU has targeting 5949 and more, and may take EU with its move, so short EU small lot )
  • #490
  • Nov 18, 2010 12:27am Nov 18, 2010 12:27am
thanx forexcompoun, kraven,dart and all for your post

60% Wed'sLevel come from art of trendline.

i shorted EU @ 3606
Attached Image (click to enlarge)
Click to Enlarge Name: eu 18nov_1.png Size: 46 KB
  • #491
  • Nov 18, 2010 12:34am Nov 18, 2010 12:34am
i add more sell now and both postion has diffrent SL 3630 , SL 3615
  • #492
  • Nov 18, 2010 12:47am Nov 18, 2010 12:47am
Quoting Wedaei
i add more sell now and both postion has diffrent SL 3630 , SL 3615
update
Attached Image (click to enlarge)
Click to Enlarge Name: eu 18nov_2.png Size: 13 KB
  • #493
  • Nov 18, 2010 12:50am Nov 18, 2010 12:50am
i turn SL to BE , let it ride market , nothing to loss.
  • #494
  • Nov 18, 2010 1:54am Nov 18, 2010 1:54am
Quoting Wedaei
i turn SL to BE , let it ride market , nothing to loss.
i turn both to SL then i adjust 1 trade SL to 3610 ( -4pip)

price go to my direction 22pips then turn back and stopped me out (-4pips)
Attached Image (click to enlarge)
Click to Enlarge Name: eu 18nov_3.png Size: 15 KB
  • #495
  • Nov 18, 2010 4:00am Nov 18, 2010 4:00am
Quote
EU

i expact Price start to go Down from Wed'sLevel 3606 or 3624 targeting 80pips, SL 3630
note ( GU has targeting 5949 and more, and may take EU with its move, so short EU small lot )

i tried buy GU once it come to the low,
becase as i said targeting 5949 and more

so i bought it and set tight SL and leave trade, just now come and toooook greeeeeen pips , greeeeen $$$$.
Attached Image (click to enlarge)
Click to Enlarge Name: gu long_5.png Size: 15 KB
  • #496
  • Nov 18, 2010 5:41am Nov 18, 2010 5:41am
hi wed, i missed the trades today

but you didnt say if you were buying or selling g/u bro?

it just says "targetting 5949"

and since you were selling e/u i thought you would be selling g/u also?
  • #497
  • Nov 18, 2010 7:53am Nov 18, 2010 7:53am
EU

3677 , 3682 good to short targeting 70pips with SL 16
  • #498
  • Edited 12:41pm Nov 18, 2010 12:29pm | Edited 12:41pm
i opened now temparary Weds'level Group room in Skype,

to join ,add my username wedaei to ur list.
  • #499
  • Nov 18, 2010 12:40pm Nov 18, 2010 12:40pm
Quoting red2010
hi wed, i missed the trades today

but you didnt say if you were buying or selling g/u bro?

it just says "targetting 5949"

and since you were selling e/u i thought you would be selling g/u also?
yes bro

this buy not mention about it and i took it for that reason ( GU has targeting 5949 and more which i mentioned that info ) so when it come to low i bought it and placed SL under low small pips and then $$$$$$

but i dont know why u think i sold both EU an GU , i was mention only EU and i opend 2postions (in EU )
  • #500
  • Edited 6:58am Nov 19, 2010 6:43am | Edited 6:58am
this is a shrpness call DrawDown (Zero) pip

and took many, hope every one in room post his feedback frankly here , bad or good .
Attached Image (click to enlarge)
Click to Enlarge Name: sold EU 3731.png Size: 29 KB
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