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Highest Open / Lowest Open Trade

  • #11,741
  • Sep 13, 2017 6:13pm Sep 13, 2017 6:13pm
To get the latest indicator and template file click on the attachment icon, paperclip, for this thread.

paperclip means pdf file?
  • #11,742
  • Sep 13, 2017 8:47pm Sep 13, 2017 8:47pm
Quoting thkim
To get the latest indicator and template file click on the attachment icon, paperclip, for this thread. paperclip means pdf file?
Paperclip is here.

Attached Image (click to enlarge)
Click to Enlarge Name: Paperclip.jpg Size: 56 KB
  • #11,743
  • Sep 13, 2017 10:42pm Sep 13, 2017 10:42pm
Quoting MichaelG
{quote} Paperclip is here. {image}

oh i see. thanks a lot
  • #11,744
  • Sep 14, 2017 5:26am Sep 14, 2017 5:26am
EURUSD would've been a nice entry - I would've entered on blue circle if I was at PC but no worries, always another trade.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 53 KB
  • #11,745
  • Sep 14, 2017 11:02am Sep 14, 2017 11:02am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow2.png Size: 63 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,746
  • Sep 14, 2017 6:32pm Sep 14, 2017 6:32pm
Quoting TooSlow
{image}
Question for your TooSlow - how/when would you determine whether the rejection of the high open has already lost most of it's momentum? Obviously in this screenshot the first one was strong, the 2nd one weaker, and by the time the 3rd one comes around, I'm not so sure it may even get to 5 pips to allow me to move to BE.

Just curious to see whether I need to be a little more picky and look for stronger entries.
  • #11,747
  • Sep 15, 2017 1:26am Sep 15, 2017 1:26am
Quoting lemercenaire
Ditto the Dollar Index - though be aware of red news this afternoon uk time. {image}
I can reproduce the template kindly provided by TooSlow, but I cannot see how to automatically plot the top & bottom zones in this image (marked by blue arrows), nor could I find an indicator on a thread of a similar name "Elsewhere"... and I certainly do not wish to refer to "He Whose Name Must not be Spoken".... or are these zones drawn manually?

All a bit cryptic this morning, but a pointer in the right direction would be greatly appreciated, please...

Attached Image (click to enlarge)
Click to Enlarge Name: zones.PNG Size: 26 KB


Yours, calmly.

JH.
  • #11,748
  • Sep 15, 2017 2:05am Sep 15, 2017 2:05am
Ahhh... 'have worked it out - I am a lot slower than TooSlow - please ignore question
  • #11,749
  • Sep 15, 2017 10:38am Sep 15, 2017 10:38am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow1.png Size: 55 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,750
  • Sep 15, 2017 2:43pm Sep 15, 2017 2:43pm
Quoting JaqenHgar
{quote} I can reproduce the template kindly provided by TooSlow, but I cannot see how to automatically plot the top & bottom zones in this image (marked by blue arrows), nor could I find an indicator on a thread of a similar name "Elsewhere"... and I certainly do not wish to refer to "He Whose Name Must not be Spoken".... or are these zones drawn manually? All a bit cryptic this morning, but a pointer in the right direction would be greatly appreciated, please... {image} Yours, calmly. JH.
Glad you worked it out. I've been busy with life ''stuff'' the last couple of days and didn't get to this until now, sorry.

There is a variant of the indi that plots those zones in colours automatically. I don't use it.

On that screen-shot, I just added them manually, as the indi doesn't print properly on the DollarIndex chart.
  • #11,751
  • Sep 17, 2017 12:32am Sep 17, 2017 12:32am
Who is taking the 10 trade challenge the week of SEPTEMBER 17, 2017?

During the challenge you are only to trade the same pair.
Beginners do not get to trade multiple pairs until they have mastered trading one single pair.
GREEN PIPS TO ALL.
Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,752
  • Sep 18, 2017 7:29am Sep 18, 2017 7:29am
Hi TooSlow and All

Can you please review my attached graph of the EURUSD for 18 Sep at the London Open.

I have used the YELLOW box as the Asian Session - identifying the High & Low of the session

At the London Open tonight Price Breakouts DOWN, then fails, and reenters the Asian, rallying to the Asian HIGH.
I used the GREEN box to show the European session.

Is this the principal of the system ??
Attached Image (click to enlarge)
Click to Enlarge Name: Retrace.PNG Size: 114 KB
  • #11,753
  • Sep 18, 2017 9:36am Sep 18, 2017 9:36am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 55 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,754
  • Sep 18, 2017 9:37am Sep 18, 2017 9:37am
Quoting Roberts
Hi TooSlow and All Can you please review my attached graph of the EURUSD for 18 Sep at the London Open. I have used the YELLOW box as the Asian Session - identifying the High & Low of the session At the London Open tonight Price Breakouts DOWN, then fails, and reenters the Asian, rallying to the Asian HIGH. I used the GREEN box to show the European session. Is this the principal of the system ?? {image}
Attached Image
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,755
  • Sep 19, 2017 10:50am Sep 19, 2017 10:50am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 52 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,756
  • Sep 20, 2017 11:16am Sep 20, 2017 11:16am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 65 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,757
  • Sep 21, 2017 11:27am Sep 21, 2017 11:27am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 56 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,758
  • Sep 25, 2017 10:59am Sep 25, 2017 10:59am
Who is taking the 10 trade challenge the week of SEPTEMBER 24, 2017?

During the challenge you are only to trade the same pair.
Beginners do not get to trade multiple pairs until they have mastered trading one single pair.
GREEN PIPS TO ALL.
Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,759
  • Sep 25, 2017 10:59am Sep 25, 2017 10:59am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 52 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,760
  • Sep 25, 2017 11:31am Sep 25, 2017 11:31am
Hi TS, I am new to 123 and HOLO threads; also relatively new to ForexFactory and Forex trading. So, thank you for keeping up with both threads. I've learned a lot here already. For the record, I have my own scalping method that is profitable for me but I am not consistent. I am here looking for something better to change that. Would you recommend one approach over the other (123 v. HOLO) or do you trade them both simultaneously on the same pair(s)? By the way, I am two trades (E/U) into HOLO now (2 for 2 and up about 20 pips).
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