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Highest Open / Lowest Open Trade

  • #14,801
  • May 20, 2020 2:27pm May 20, 2020 2:27pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,802
  • May 20, 2020 2:31pm May 20, 2020 2:31pm
Quoting morne72
trade 3: -10 pips Total for the week : -15 pips {image}
What is the reason you did not take profit? A pip or 2 is better than a loss, Mate. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,803
  • May 20, 2020 3:24pm May 20, 2020 3:24pm
Quoting TooSlow
{quote} What is the reason you did not take profit? A pip or 2 is better than a loss, Mate. Cheers!
I'm trying to stick to the rule of BE + 5 to void inconsistency on profit taking

But i understand your point by taking profit when its offer to you even if its +2 pips
  • #14,804
  • May 20, 2020 8:59pm May 20, 2020 8:59pm
Quoting morne72
{quote} I'm trying to stick to the rule of BE + 5 to void inconsistency on profit taking But i understand your point by taking profit when its offer to you even if its +2 pips
There is no rule of BE+5.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,805
  • May 21, 2020 4:15am May 21, 2020 4:15am
Caught this on GBPUSD for a long (5min)

First position closed, waiting to see if second position will hit 50pips.
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Patience pays Pips... And pips pay $$$
  • #14,806
  • May 21, 2020 4:39am May 21, 2020 4:39am
Quoting ShemuElForex
Caught this on GBPUSD for a long (5min) First position closed, waiting to see if second position will hit 50pips. {image}
Who knows but looks like its topping to me 1hr trend is down. I'm never right though!!
I'm going to watch with you.
Enjoy.
  • #14,807
  • May 21, 2020 5:48am May 21, 2020 5:48am
Quoting Spikehunter
{quote} Who knows but looks like its topping to me 1hr trend is down. I'm never right though!! I'm going to watch with you. Enjoy.
Thanks for the heads though...

Trade complete!

I set that TP based on GBPUSD's ADR... [If I caught the bottom of the day, then 50pips should be easy for the Cable in no time].
Patience pays Pips... And pips pay $$$
  • #14,808
  • May 21, 2020 6:01am May 21, 2020 6:01am
Quoting ShemuElForex
{quote} Thanks for the heads though... Trade complete! I set that TP based on GBPUSD's ADR... [If I caught the bottom of the day, then 50pips should be easy for the Cable in no time].
It's a funny old game, one never knows. Good you made a profit. Its a decent entry strategy.
  • #14,809
  • May 22, 2020 11:10am May 22, 2020 11:10am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,810
  • May 23, 2020 7:04pm May 23, 2020 7:04pm
Who is taking the 10 trade challenge the week of MAY 24, 2020?

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
  • #14,811
  • May 24, 2020 9:27am May 24, 2020 9:27am
Hi Everyone,

May I know how can I display the H1 candle on the M15 timeframe please?

Thank you

Jason
  • #14,812
  • May 24, 2020 2:13pm May 24, 2020 2:13pm
Quoting hk188188
Hi Everyone, May I know how can I display the H1 candle on the M15 timeframe please? Thank you Jason
Hi Jason. I won't post a link but Google this and you'll get what you are looking for...

Higher Timeframe Candlestick Overlay Indicator MT4
  • #14,813
  • May 27, 2020 4:44pm May 27, 2020 4:44pm
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Start of the day.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,814
  • May 30, 2020 8:15pm May 30, 2020 8:15pm
Who is taking the 10 trade challenge the week of MAY 31, 2020?

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
  • #14,815
  • Jun 1, 2020 10:34am Jun 1, 2020 10:34am
Simple and nice strategy
No Bias
  • #14,816
  • Jun 2, 2020 1:14pm Jun 2, 2020 1:14pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,817
  • Jun 3, 2020 8:19am Jun 3, 2020 8:19am
Hello TooSlow,
I have been reading your thread for some days now,
I want to thank you for your generosity and sharing your knowledge to us.

I will also take the 10 trade challenge.
I draw the line on H1 TF and then look at M15 to watch.

DAY 1:
1st entry 09:47 @1.1209 stopped at BE+1
2nd entry 12:12 @1.1216 manual stop at +10

The line bounce up little bit and continue downstream.
After several hours i know i stop too early. But i think still better than loss.
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  • #14,818
  • Jun 3, 2020 12:01pm Jun 3, 2020 12:01pm
Quoting Fxpartner
Hello TooSlow, I have been reading your thread for some days now, I want to thank you for your generosity and sharing your knowledge to us. I will also take the 10 trade challenge. I draw the line on H1 TF and then look at M15 to watch. DAY 1: 1st entry 09:47 @1.1209 stopped at BE+1 2nd entry 12:12 @1.1216 manual stop at +10 The line bounce up little bit and continue downstream. After several hours i know i stop too early. But i think still better than loss. {image} {image}
Be even better if you were to use the supplied indicator and template. Just a suggestion.
  • #14,819
  • Jun 3, 2020 2:12pm Jun 3, 2020 2:12pm
Quoting Fxpartner
Hello TooSlow, I have been reading your thread for some days now, I want to thank you for your generosity and sharing your knowledge to us. I will also take the 10 trade challenge. I draw the line on H1 TF and then look at M15 to watch. DAY 1: 1st entry 09:47 @1.1209 stopped at BE+1 2nd entry 12:12 @1.1216 manual stop at +10 The line bounce up little bit and continue downstream. After several hours i know i stop too early. But i think still better than loss. {image} {image}
Serious traders use the tools supplied.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,820
  • Jun 3, 2020 9:41pm Jun 3, 2020 9:41pm
Quoting lemercenaire
{quote} Be even better if you were to use the supplied indicator and template. Just a suggestion.
oh it seems i missed the indi and template you mentioned.
Let me look at the older post for them.

Thank you for your kind advice @lemercenaire @TooSlow
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