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Trading is as simple as 1-2-3

  • #9,541
  • Jan 11, 2020 4:15pm Jan 11, 2020 4:15pm
Quoting lemercenaire
{quote} See reply to same question on HOLO thread.
Thank you so much lemercenaire
  • #9,542
  • Jan 13, 2020 12:22am Jan 13, 2020 12:22am
Morning EG on corner of good short
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  • #9,543
  • Jan 13, 2020 12:40am Jan 13, 2020 12:40am
The gap has to fulfilled all these shadows the area do you know what i mean longggg soner or later today!
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  • #9,544
  • Jan 13, 2020 12:48am Jan 13, 2020 12:48am
Dont forget about the calendar later on ...
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  • #9,545
  • Jan 13, 2020 4:21am Jan 13, 2020 4:21am
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Long GJ +5 locked same bar trade
  • #9,546
  • Jan 13, 2020 5:28am Jan 13, 2020 5:28am
Hi HAL7 ..what is the list of pairs that you are watching?
  • #9,547
  • Jan 14, 2020 3:06am Jan 14, 2020 3:06am
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Short EU +5 locked
  • #9,548
  • Jan 14, 2020 3:07am Jan 14, 2020 3:07am
Quoting mge0rge
Hi HAL7 ..what is the list of pairs that you are watching?
I watch all the basic pairs, and the EG
  • #9,549
  • Jan 14, 2020 4:04am Jan 14, 2020 4:04am
How do you approach this situation:

Price is coming down ,makes a new low ,but this new low is a couple of pips bellow the open of the day (it breaks the open of the day by a couple of pips)..do you look for long trades ?
  • #9,550
  • Jan 14, 2020 8:20am Jan 14, 2020 8:20am
Quoting mge0rge
How do you approach this situation: Price is coming down ,makes a new low ,but this new low is a couple of pips bellow the open of the day (it breaks the open of the day by a couple of pips)..do you look for long trades ?
If price makes a new Low, it is always going to be below the Open of the day...

Stop overthinking things. Did price make a new Low? Yes. Then that's all you need to know. Wait for the next bar to tell you what to do next.
  • #9,551
  • Jan 14, 2020 9:18am Jan 14, 2020 9:18am
More simple amin, previous bar have made new low current bar have failed to do the same and in comeback of price in new H1 open you go long
PATIENCE IS KEY TO SUCCED WITH THESE SYSTEM
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  • #9,552
  • Jan 14, 2020 9:22am Jan 14, 2020 9:22am
Quoting mizi123
More simple amin, previous bar have made new low current bar have failed to do the same and in comeback of price in new H1 open you go long PATIENCE IS KEY TO SUCCED WITH THESE SYSTEM {image}
Then after when you are +5 pips move SL in Be +1 and enjoy the show if market allow you that LUXURY
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  • #9,553
  • Jan 14, 2020 9:50am Jan 14, 2020 9:50am
Don't you wait for it to test that 1.60865 low ? not to the pip but just to go down and then come back up trough the open?
  • #9,554
  • Jan 14, 2020 10:01am Jan 14, 2020 10:01am
Quoting mge0rge
Don't you wait for it to test that 1.60865 low ? not to the pip but just to go down and then come back up trough the open?
Nope they are very rar situation when such setups ocure, rule says: if curent bar dont make new low/high you enter in open price.
  • #9,555
  • Jan 14, 2020 10:27am Jan 14, 2020 10:27am
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  • #9,556
  • Jan 14, 2020 12:44pm Jan 14, 2020 12:44pm
@mizi123 So you buy every after every low ? 3 candles before your entry there is a high wave candle ,or a + , or whatever it's called ..did you buy that too ? how about the one before it ,nr 4 ? or nr 2 ?
It looks to me that you entered at the open without waiting for a fail to make a new low .. it could go either way
I attached a picture so you get what i am talking about
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  • #9,557
  • Jan 14, 2020 12:59pm Jan 14, 2020 12:59pm
Quoting mge0rge
@mizi123 So you buy every after every low ? 3 candles before your entry there is a high wave candle ,or a + , or whatever it's called ..did you buy that too ? how about the one before it ,nr 4 ? or nr 2 ? It looks to me that you entered at the open without waiting for a fail to make a new low .. it could go either way I attached a picture so you get what i am talking about {image}
Nope as you see on candle 4 price after open has gone up after that has broke thru open and made new low, candle 3 i dont know because is indecision candle, the 2nd one don't make any sens because is full candle and don't give any infos i have spoke in my photo about last one pin bar was signal candle, if you like to see what type of candles i like too see before i considere a setup watch these 2 pairs right now i like candles with wicks because there is rejection...
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  • #9,558
  • Jan 14, 2020 1:07pm Jan 14, 2020 1:07pm
Quoting mge0rge
@mizi123 So you buy every after every low ? 3 candles before your entry there is a high wave candle ,or a + , or whatever it's called ..did you buy that too ? how about the one before it ,nr 4 ? or nr 2 ? It looks to me that you entered at the open without waiting for a fail to make a new low .. it could go either way I attached a picture so you get what i am talking about {image}
TooSlow has made so many explanations on first 10 pages with real time examples i don't know how to explain it more than him who have invented these method... watch and read carfully...
  • #9,559
  • Jan 14, 2020 2:36pm Jan 14, 2020 2:36pm
Quoting mizi123
{quote} Nope as you see on candle 4 price after open has gone up after that has broke thru open and made new low, candle 3 i dont know because is indecision candle, the 2nd one don't make any sens because is full candle and don't give any infos i have spoke in my photo about last one pin bar was signal candle, if you like to see what type of candles i like too see before i considere a setup watch these 2 pairs right now i like candles with wicks because there is rejection... {image}
Chart's observation is best teacher
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  • #9,560
  • Jan 14, 2020 3:01pm Jan 14, 2020 3:01pm
I saw that on usd cad today..did you enter at the retest of the open or at what price ?
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