Trading is as simple as 1-2-3

Quoting lemercenaire

Disliked

{quote} Hal has explained this in relation to the trade he had just posted and hopefully that will be enough - however if it helps, here's TS' rules in plain English: Short Entry Set-Up. On H1 chart. 1: Bar #1 makes a new Daily High. 2: Bar #2 tries and fails to make a new Daily High. 3: Enter Short at level of Bar #2's Open, should price come back down through that level. Caveat: Number 2: Bar #2 tries and fails to make a new Daily High. The word ''tries'' is open to individual trader discretion and interpretation. Sometimes price moves away a...

Ignored

Quoting backhere

Disliked

Hi Hal, can you share the indicators you are using ? i try to find in the list of attached indicators, i cant find the one which shows the Hi/LO and the open market price.

Ignored

Quoting lemercenaire

Disliked

AU...hahahahahahahahahahahahahahahahahaha!!!

Ignored

Quoting lemercenaire

Disliked

The actual entry for me here came from another method but it still stands as a classic 1-2-3 set-up... {image}

Ignored

Quoting backhere

Disliked

i have one question, when do you enter the trade? Given the fact that the current candle is still forming,the price still fluctuate. Thus, it can go back to the open price and the next moment form a new high and the set up will not be valid anymore but since it already went back to the open price, our trade is already filled. SO my question is when exactly in the hour should we be placing the trade?

Ignored