Highest Open / Lowest Open Trade | Page 709 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

As complicated as necessary: Highest Open / Lowest Open Trade 861 replies

Highest & Lowest Open/Close Price for a Loop 3 replies

I need to highest and lowest SMA 14 replies

how to get yesterday price highest and lowest 7 replies

highest to lowest volume pairs??? 3 replies

Attachments: Highest Open / Lowest Open Trade
Exit Attachments

Highest Open / Lowest Open Trade

  • #14,161
  • Jun 12, 2019 2:50pm Jun 12, 2019 2:50pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 74 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,162
  • Jun 12, 2019 2:51pm Jun 12, 2019 2:51pm
Quoting sam_777
TooSlow Can you please explain what do you mean from the precious count.... and that is the edge. Below is the statement: What we know, from the previous count, is the close is usually below the highest H1 open and above the lowest H1 open. This is our "edge". Thanks, Sam
Keep track yourself how many time the daily close is below the highest H1 open. Then you will understand.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,163
  • Jun 12, 2019 4:34pm Jun 12, 2019 4:34pm
TooSlow

Keep track yourself how many time the daily close is below the highest H1 open. Then you will understand

Since you have done that and understand, then from your experience what is understanding that you are hinting at ?

That can certainly help me and draw on your expertise as I wouldn't know even if did track the daily close being below the highest H1 open.

Thanks, Sam
  • #14,164
  • Jun 12, 2019 5:20pm Jun 12, 2019 5:20pm
Quoting sam_777
TooSlow Keep track yourself how many time the daily close is below the highest H1 open. Then you will understand Since you have done that and understand, then from your experience what is understanding that you are hinting at ? That can certainly help me and draw on your expertise as I wouldn't know even if did track the daily close being below the highest H1 open. Thanks, Sam
Sam hi. There are two answers to your questions...
What Slow means by
"What we know, from the previous count, is the close is usually below the highest H1 open and above the lowest H1 open.
This is our "edge"."

Is this... Pull up a chart, open any pair on the daily timeframe. Now look at all of the closes in relation to either the Hi or the Low. If course when the candles are red you Lok at the close in relation to the high and if the candle is green you look at the close in relation to the low.

Now see this closes??? See how the majority of the time they end up or down away from the day's Hi/low??? Alot right?

Now imagine that in those wickes... The wick above or below the close depending on the direction. Can u see the times that price could of gone into the week and then pulled back?? Eventually it pulled so much that it is need up on the CLOSE.

So here is the second answer..... So now if you go down into the tf say the 5min and each day start to look for closes near the end of the day you will begin to see that there is a. Edge... That is you will begin to see that this thing happens very often! Then if it happens often.. that's when we come in and take what is already given lol.

I hope it makes sense..... Let's see in short price will always continue to make new highs and lows and at the end if the day it will usually stop away from one of those.....

Peace
Our AWESOME IMAGINATION is the true holy grail!
  • #14,165
  • Jun 13, 2019 11:38pm Jun 13, 2019 11:38pm
Quoting sam_777
TooSlow Keep track yourself how many time the daily close is below the highest H1 open. Then you will understand Since you have done that and understand, then from your experience what is understanding that you are hinting at ? That can certainly help me and draw on your expertise as I wouldn't know even if did track the daily close being below the highest H1 open. Thanks, Sam
To learn golf, you can read or watch or both. There will come a time when you yourself must swing the club and hit the ball. Then what you read and viewed will make sense.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,166
  • Jun 13, 2019 11:39pm Jun 13, 2019 11:39pm
Thanks for the reply. It is still confusing as to what TooSlow is trying to say with his statement "Keep track yourself how many time the daily close is below the highest H1 open. Then you will understand"

That "Then you will understand" TooSlow can exactly explain what he means by that (understand)from his experience and expertise. That will be of great benefit.

Else, understand is ambiguous.

Hoping TooSlow can address that.

Thanks, Sam
  • #14,167
  • Jun 14, 2019 7:32am Jun 14, 2019 7:32am
Quoting sam_777
Thanks for the reply. It is still confusing as to what TooSlow is trying to say with his statement "Keep track yourself how many time the daily close is below the highest H1 open. Then you will understand" That "Then you will understand" TooSlow can exactly explain what he means by that (understand)from his experience and expertise. That will be of great benefit. Else, understand is ambiguous. Hoping TooSlow can address that. Thanks, Sam
un·der·stand

verb

  1. 1.
    perceive the intended meaning of (words, a language, or a speaker).
    "he didn't understand a word I said"
  2. 2.
    interpret or view (something) in a particular way.
    "as the term is usually understood, legislation refers to regulations and directives"

My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,168
  • Edited 6:51am Jun 16, 2019 5:17am | Edited 6:51am
hai..nice thread you have here...subscribed.
Know The Presence Of The Market
  • #14,169
  • Jun 16, 2019 6:38am Jun 16, 2019 6:38am
Quoting jesxrussel
hai..can anybody share tro watermark file..try to search in paper clip but cant find it..tq in advanced..
Sorry buddy, that file can't be shared. You need to get it from source.
  • #14,170
  • Jun 17, 2019 11:26am Jun 17, 2019 11:26am
Who is taking the 10 trade challenge the week of JUNE 16, 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 Tr
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,171
  • Jun 18, 2019 3:26am Jun 18, 2019 3:26am
Attached Image (click to enlarge)
Click to Enlarge Name: 061819eu.png Size: 20 KB

Short EU, have been doing well on HOLO lately focusing on this pair. Today compliments of Senor Draghi's comments. +30
  • #14,172
  • Jun 18, 2019 3:31am Jun 18, 2019 3:31am
Quoting hal7
{image} Short EU, have been doing well on HOLO lately focusing on this pair. Today compliments of Senor Draghi's comments. +30
Nice one Hal7 - you stayed in longer than me on my 1-2-3 trade! I often think EU generates some good HOLO trades - more than other pairs, not sure why this might be the case, but then I only trade on a small range of available pairs. Cheers, Dave
Everything should be made as simple as possible, but no simpler - Einstein
  • #14,173
  • Jun 18, 2019 4:11am Jun 18, 2019 4:11am
Quoting Davidh061
{quote} Nice one Hal7 - you stayed in longer than me on my 1-2-3 trade! I often think EU generates some good HOLO trades - more than other pairs, not sure why this might be the case, but then I only trade on a small range of available pairs. Cheers, Dave
I don't trade the HOLO side as much as 123. But when I do I focus on the EU, trade off the hour bar and generally let them run more. I am at +36 on this and have a 30 trailer on, took off much of it at +17. I have nailed 3 days in a row of nice moves off the London open.
  • #14,174
  • Jun 18, 2019 6:32am Jun 18, 2019 6:32am
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD+M15.png Size: 75 KB


1st trade of 10 trade challenge
  • #14,175
  • Jun 18, 2019 6:37am Jun 18, 2019 6:37am
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD+M15.png Size: 73 KB


2nd Trade of 10 trade challenge hit trailing stop.
I know its a different pair but i have been studying this thread for quite some time
  • #14,176
  • Jun 18, 2019 6:37am Jun 18, 2019 6:37am
Quoting Davidh061
{quote} Nice one Hal7 - you stayed in longer than me on my 1-2-3 trade! I often think EU generates some good HOLO trades - more than other pairs, not sure why this might be the case, but then I only trade on a small range of available pairs. Cheers, Dave
EU tends to run sideways a lot and even if trending, it is quite calm.
  • #14,177
  • Jun 18, 2019 6:41am Jun 18, 2019 6:41am
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY+M15.png Size: 71 KB


3rd trade of 10 trade challenge hit trailing stop.

I have AUD/NZD in play as well but going to bed now
  • #14,178
  • Jun 18, 2019 10:39am Jun 18, 2019 10:39am
Quoting doostwoudgro
{image} 1st trade of 10 trade challenge
You are an excellent example of how a trader should learn and practice. You studied, used only the tools provided and put it all into practice.

A+
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,179
  • Jun 18, 2019 3:03pm Jun 18, 2019 3:03pm
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
  • #14,180
  • Jun 18, 2019 6:35pm Jun 18, 2019 6:35pm
Quoting doostwoudgro
{image} 3rd trade of 10 trade challenge hit trailing stop. I have AUD/NZD in play as well but going to bed now
doostwoudgro:
Any criteria for the pairs you select to trade with? Or is it just any one pair that hits the HOLO zones... ?
thnx
J
Our AWESOME IMAGINATION is the true holy grail!
35 traders viewing now