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Highest Open / Lowest Open Trade

  • #12,421
  • Feb 25, 2018 7:28pm Feb 25, 2018 7:28pm
Who is taking the 10 trade challenge the week of February 25, 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
  • #12,422
  • Feb 26, 2018 4:11am Feb 26, 2018 4:11am
I seem to be making a habit of this - while waiting on my morning DAX set-up to show itself, I managed to nab a pre-Open HOLO. Yes, the spread is higher but I am only looking to get what I can and get out and it looked pretty solid.

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The overview on that...

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As it turned out, my other method didn't trigger, so this move was doubly worthwhile.
  • #12,423
  • Feb 26, 2018 4:32am Feb 26, 2018 4:32am
Taken as a 1-2-3, this could bring HOLO opportunities later...

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  • #12,424
  • Feb 26, 2018 7:08am Feb 26, 2018 7:08am
Quoting lemercenaire
Taken as a 1-2-3, this could bring HOLO opportunities later... {image}
Came in nicely...

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  • #12,425
  • Feb 26, 2018 12:52pm Feb 26, 2018 12:52pm
do you had some good trades today?
  • #12,426
  • Feb 26, 2018 12:56pm Feb 26, 2018 12:56pm
Quoting lemercenaire
{quote} Came in nicely... {image}
The full day run...

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  • #12,427
  • Feb 26, 2018 1:45pm Feb 26, 2018 1:45pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #12,428
  • Feb 27, 2018 2:13am Feb 27, 2018 2:13am
Quoting Lawnman
{quote} I use the "complete trade manager" from Wise EA. Just search Wise EA on here and you'll find it. Works like a champ.
Thank you Lawnman! Exactly what I have been looking for!!

^_^

Cheers!!

Val
  • #12,429
  • Feb 27, 2018 6:15am Feb 27, 2018 6:15am
Watch-List but aware of the USD Big Red coming...

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  • #12,430
  • Feb 27, 2018 10:57am Feb 27, 2018 10:57am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #12,431
  • Feb 27, 2018 11:00am Feb 27, 2018 11:00am
good evening to all.
if we have one trade that is running and we have a new lower or higher open , we let the trade run or we close the position?
thank you
  • #12,432
  • Feb 27, 2018 12:15pm Feb 27, 2018 12:15pm
Quoting ziojhonny
good evening to all. if we have one trade that is running and we have a new lower or higher open , we let the trade run or we close the position? thank you
If the new extreme is a set up off of a failed trade that for some reason you haven't closed, then you take you new set up. You could then also look to re-enter as an add-in off the original level if you wished to use more advanced techniques.

If the trade you are in is a long for instance and you get a sell signal, then by definition you'd close the original long or bring a hard stop up really tight just in case you are on board a freight train which will blow through any opposing signal.
  • #12,433
  • Feb 27, 2018 12:19pm Feb 27, 2018 12:19pm
Quoting lemercenaire
Watch-List but aware of the USD Big Red coming... {image}
That set-up ended up blowing through until we got a 1-2-3 on the eventual return.
  • #12,434
  • Feb 28, 2018 2:30am Feb 28, 2018 2:30am
9th HOLO Setup Trade EU
Tped 5 pips, + 25 pips

Have a nice trading day everyone!!

Val
  • #12,435
  • Feb 28, 2018 2:36am Feb 28, 2018 2:36am
Quoting valerie2
9th HOLO Setup Trade EU Tped 5 pips, + 25 pips Have a nice trading day everyone!! Val
Have a good one, Val.
  • #12,436
  • Feb 28, 2018 11:54am Feb 28, 2018 11:54am
Quoting lemercenaire
{quote} If the new extreme is a set up off of a failed trade that for some reason you haven't closed, then you take you new set up. You could then also look to re-enter as an add-in off the original level if you wished to use more advanced techniques. If the trade you are in is a long for instance and you get a sell signal, then by definition you'd close the original long or bring a hard stop up really tight just in case you are on board a freight train which will blow through any opposing signal.
thank you for the answer!
  • #12,437
  • Mar 1, 2018 2:55am Mar 1, 2018 2:55am
If it drops far enough, there will be a pretty good chance of an entry here, I think.

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  • #12,438
  • Mar 1, 2018 2:58am Mar 1, 2018 2:58am
Once again, one method leads into another, as I was watching the GU 08:00 m15 bar. Nice clean entry long.

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  • #12,439
  • Mar 1, 2018 7:05am Mar 1, 2018 7:05am
how to choose the potentially best currencies, follow a trend with day candles, moving averages, randomly, indiscriminately any?
  • #12,440
  • Mar 1, 2018 12:02pm Mar 1, 2018 12:02pm
Quoting Buitres;10828933[I
]how to choose the potentially best currencies, follow a trend with day candles, moving averages, randomly, indiscriminately any?[/i]
Run the majors. You could contract that even to GU, UC, EG, UJ, EJ, AU. Check for a large daily move and then wait for the reversal into contraction - that's your hunting ground.

Once you get a feel for this, you will begin to build your favourite pairs list and explore the subtleties of the method's techniques.
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