thread: One Level

quote Yes well using a good level to buy, and one to sell is fine. But one is far better than the other, no? I mean, if you could only trade among the 2, which will you select? I'm of the view that all levels aren't made equal.

Which one to choose?
Price above the H1 highest open - brief at the H1 maximal available.
Price beneath the H1 lowest available - buy at the H1 lowest available.
Price between the opens - wait.

Something to look at! image

Let me say this about this level, and I am not picking on you. Everyone would like to select the high. Everyone wants to be a fanatic. I have been guilty of it more than many. However, I've grown tired of it to be fair. The risk/reward on these plays may be fantastic I understand. However, the odds are. Your attempting to prevent a runaway train, using a degree from April, in a cross that probably has very little real orders inside. Appears to be a long shot. Would not it be perhaps better to try finding a place to combine the short/medium term trend in a pair which has a far heavier order flow? Part of the point that all levels are not equal I guess. Anyhow, there's not wrong or right method to exchange, regardless of what you may read on FF. If I had to take a short on this pair, I would try at 88.87 I figure. Either way, good luck mate...

I will go with this one in the Yen this week if we get a opportunity. . .think I mislabeled and mistyped it in the previous post....

picture How about one degree for buying and a single degree for sale? Utilize the highest/lowest H1 open for the day.

Yes well having a fantastic amount to buy, and you to market is fine. But still, one is far better than another, no? I mean, if you could just trade among the two, which would you choose? I am of the view that levels aren't created equal.

quote I am curious what exactly are your levels based on?

A number, certainly. I use both made up levels, Fibs, pivots, and so on, and actual levels, highs, lows, closes, etc.. I generally like levels from the weekly and yearly bars, I find them most reliable.

How about 1 level for buying and a single level for selling?
Utilize the highest/lowest H1 available for the day.

So many degrees
So little time.
Sorry.
Could not resist.
Cheers!

One Level.... Place one degree per pair. You have a degree about and below the market, choose one. The cash level, the level that if you get a chance your longingna put some good cheese. Doesn't matter what it is, Fib open, shut, Pivot, anything. Post a chart if you like. No explanation need. It's not necessary to post your SL or TP. No followup about the. No fundamental analysis. Keep it short and sweet. Don't post a flat that is 10 pips away, does not no one some good. And do not repost a degree that got struck, unless you are planning to...

I am curious what are your degrees based on?

one great degree on the USDCHF....

One thing to look at!