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Highest Open / Lowest Open Trade

  • #13,781
  • Feb 3, 2019 10:19pm Feb 3, 2019 10:19pm
Who is taking the 10 trade challenge the week of FEBRUARY 3, 2019?

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
  • #13,782
  • Feb 4, 2019 1:13am Feb 4, 2019 1:13am
Hi TooSlow, this week I will try to trade the EURUSD.
  • #13,783
  • Feb 4, 2019 9:54am Feb 4, 2019 9:54am
HI, I'm not sure I understand correctly: Which bar refers tooslow when it says "do not wait to the bar to close"? It's about 1H bar, I suppose, right?
  • #13,784
  • Feb 4, 2019 2:09pm Feb 4, 2019 2:09pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 58 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #13,785
  • Feb 4, 2019 2:10pm Feb 4, 2019 2:10pm
Quoting Booghie
HI, I'm not sure I understand correctly: Which bar refers tooslow when it says "do not wait to the bar to close"? It's about 1H bar, I suppose, right?
It is about whatever bar is on your screen at the time. Do not wait for it to close to enter the trade.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #13,786
  • Feb 5, 2019 1:49am Feb 5, 2019 1:49am
Hi TooSlow, from the attached graph in post 13,785 I don't see an M15 Open bar in the area of interest, after the H1 highest open [110.118] was defined.

I seem price went down immediatly after the H1 highest formation.

Could you kindly clarify? Thank you.
  • #13,787
  • Feb 5, 2019 4:45am Feb 5, 2019 4:45am
Hi, do you think these are some orders made according to the rules?

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Attached Image (click to enlarge)
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  • #13,788
  • Feb 5, 2019 6:54am Feb 5, 2019 6:54am
Quoting Booghie
Hi, do you think these are some orders made according to the rules? {image} {image}
What you need to do is make a short bullet-point checklist.

This method can be broken down into very simple 'if (a) happens, do (b), if (b) happens, do (c)' etc.

Go back and look at your example trades. Did you follow those bullet-points? If so, then you did what you needed to do and did it correctly. The market will take care of the rest, good or bad.

If you didn't follow the steps, then you will be able to see what happens.

Trading is all about having self-confidence in your own decision-making processes. Doing things this way will help you build that self-confidence so much more than having to come on and ask for validation.

You will feel so much better for having done it yourself.

Keep it up and good luck.
  • #13,789
  • Feb 5, 2019 1:53pm Feb 5, 2019 1:53pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 71 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #13,790
  • Feb 5, 2019 1:54pm Feb 5, 2019 1:54pm
Quoting Alberto_Jazz
Hi TooSlow, from the attached graph in post 13,785 I don't see an M15 Open bar in the area of interest, after the H1 highest open [110.118] was defined. I seem price went down immediatly after the H1 highest formation. Could you kindly clarify? Thank you.
Clarify? You see what happened.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #13,791
  • Feb 5, 2019 1:54pm Feb 5, 2019 1:54pm
Quoting Booghie
Hi, do you think these are some orders made according to the rules? {image} {image}
How can you expect to learn something new, if you won't let go of the old? Remove the wiggley lines from your chart.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #13,792
  • Feb 5, 2019 9:16pm Feb 5, 2019 9:16pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 63 KB


Do not be bound by the rules. Learn to trade price in the moment.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #13,793
  • Feb 8, 2019 1:03pm Feb 8, 2019 1:03pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 75 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #13,794
  • Feb 11, 2019 9:39am Feb 11, 2019 9:39am
Took a while to get going but got there in the end...

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Overview.

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  • #13,795
  • Feb 11, 2019 10:16pm Feb 11, 2019 10:16pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 58 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #13,796
  • Feb 12, 2019 9:00am Feb 12, 2019 9:00am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 70 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #13,797
  • Feb 13, 2019 1:01pm Feb 13, 2019 1:01pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 61 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #13,798
  • Feb 13, 2019 6:48pm Feb 13, 2019 6:48pm
@TooSlow

First time trade with this system. I've folllowed right the rules?
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  • #13,799
  • Feb 13, 2019 7:52pm Feb 13, 2019 7:52pm
Quoting BeaterTrader
@TooSlow First time trade with this system. I've folllowed right the rules? {image}
You tell us. Tick off the rules, one by one, and tell us if you followed the rules.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #13,800
  • Feb 14, 2019 9:26am Feb 14, 2019 9:26am
Beauty isn't it??
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