NZ long now +10 switched to 10 trailer.
...... now +20
![](https://resources.faireconomy.media/images/emojis/64/1f6b4.png?v=15.1)
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Disliked{quote} Pippy and I looked at the shape of the bars to see if there was any difference in how a trade went depending on how high priced travelled after the open and where the subsequent close occurred.Ignored
Disliked{quote} Interesting study Lem. Did you do any study on the closing price of a new high/low bar compared to the open price of the new bar (zero bar)? So were there more successful trades when the open price of the zero bar was equal to/higher/lower than the close of the new high/low bar?Ignored
DislikedThank you very much for this thread, haven't traded forex in a while and this inspired me to give it another go. I've read through the first 20 pages so far and just testing a few entries with small size, would like to check whether I understood correctly. I identified 4 pairs for this hour based on them making new highs/lows in the last hour: - GPB/USD - AUD/USD - USD/CAD - USD/CHF Found sufficient reversals on GBP/USD and USD/CAD to enter into trades. AUD/USD did not really test the high, and USD/CHF closed very close to the bottom and just took...Ignored
Disliked{quote} Welcome aboard, pasopvirpot. The first thing I'd say - and it's from a practical point of view - is that you are running four USD pairs. They're either all going to work or all going to fail. I haven't the time to check the individual set-ups at the moment but I will try and get back to you on that later (or someone else can chime in).Ignored
DislikedThank you very much for this thread, haven't traded forex in a while and this inspired me to give it another go. I've read through the first 20 pages so far and just testing a few entries with small size, would like to check whether I understood correctly. I identified 4 pairs for this hour based on them making new highs/lows in the last hour: - GPB/USD - AUD/USD - USD/CAD - USD/CHF Found sufficient reversals on GBP/USD and USD/CAD to enter into trades. AUD/USD did not really test the high, and USD/CHF closed very close to the bottom and just took...Ignored
Disliked{quote} Cable looks straight forward, with the possibility of a re-entry as well... {image} AU would probably have been a little more work. If you had gone in on the early bar, then probably stopped. Then a re-entry. You would also have a second vanilla trade on the bar after that. {image} UC is AU in reverse. Earlybirds would of course be planning a trip to The Bahamas on the back of the am drop, lol. {image} UChf This is a mirror of GU and as such could have played nicely. You may have had to cut things short of you had gone in on early bars but...Ignored
DislikedThanks so much for your kind assistance lemercenaire, much appreciated! On the UChf, I didn't interpret it as really testing the low again, as the previous hour closed near the low, it just went straight up from the open, or am I missing something?Ignored