Highest Open / Lowest Open Trade | Page 746 | 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

  • #14,901
  • Jul 3, 2020 5:36am Jul 3, 2020 5:36am
Quoting Wizzlebizzle
{quote} In which direction did you trade this and how did you manage the trade? If you had gone short, your stop would/should have been taken out before reaching +5. Also I recall TS mentioning that if a bar makes a new high and low at the same time you should not trade it.

Sorry man, I thought I was in the 123 thread. Disregard : )
  • #14,902
  • Jul 3, 2020 6:06am Jul 3, 2020 6:06am
Quoting aadedare
{quote} SEE RULE 3 and 7
Thanks, got it. I will post my chart here next time
  • #14,903
  • Jul 3, 2020 6:33am Jul 3, 2020 6:33am
Quoting Wizzlebizzle
{quote} Sorry man, I thought I was in the 123 thread. Disregard : )
haha,No worries Wizz, just saw this post... was actually going over the trade to find out what i did wrong, before i came to this post.... i was just about to reply with what you talking about

I told you it was early for me..
Stop killing our Oceans, Stop using single use plastics.
  • #14,904
  • Jul 3, 2020 7:50am Jul 3, 2020 7:50am
I think this is a valid entry. Am I right?
Attached Image (click to enlarge)
Click to Enlarge Name: 0D2F78AF-EA82-4AEF-BE8F-48A079BF73FE.jpeg Size: 547 KB
  • #14,905
  • Jul 3, 2020 8:47am Jul 3, 2020 8:47am
Quoting naruponk
Hi, May I confirm my understanding? I think this is a valid entry according to the rule. MichaelG’s document makes me understand but to be sure. I would like to verify my understanding. I think I place pending order when bar1 close is correct but If I place pending order when bar1 did not close yet is that correct also? Also, I'm not sure that can I place pending order on Bar2 close order not because once Bar2 closed, Bar1 will open in the area of interest correct? {image}
Once the new entry level has formed (higher or lower H1 Open) then you can enter any time after a 15-min bar has opened in the Area of Interest.
  • #14,906
  • Jul 3, 2020 8:58am Jul 3, 2020 8:58am
Quoting lemercenaire
{quote} Once the new entry level has formed (higher or lower H1 Open) then you can enter any time after a 15-min bar has opened in the Area of Interest.
Thanks lemercenaire, I got it clearer
  • #14,907
  • Jul 3, 2020 10:47am Jul 3, 2020 10:47am
Just started to trade using this method, today may not be a good start due to holiday & low range....

4 trades: 2 stoploss & 2BE+1 :

Trade1 AUDCAD: Stoploss (H1 high breakout)
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM15_20070310PM.png Size: 61 KB


Trade2: NZDUSD: BE+1
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15_2007032220.png Size: 39 KB


Trade3: NZDCAD: Stoploss (H1 high breakout)
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADM15_2007032230.png Size: 25 KB


Trade4: GBPCHF: BE+1
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFM15_2007032246.png Size: 65 KB


There are many opportunities out there when observing H1/M15 timeframe. Wonder how did you guys choose higher probability or higher winning trade setup (e.g. avoid ranging market, avoid prior day breakout...)?

I hope i got it right and expect more profitable trades following this rules next week. Have a nice weekend!!
  • #14,908
  • Jul 3, 2020 10:55am Jul 3, 2020 10:55am
Quoting aadedare
HOLO TRADE SUMMARRY and APPRECIATION HOLO TRADE SUMMARRY GBPCHF 40 SELL GBPCHF 40 BUY EURUSD 33 SELL GBPUSD 28 SELL LOSS (My Mistake ) CADJPY 7 BUY GBPCHF 28 BUY EURCAD 10 BUY GOLD 40 BUY EURUSD 10 SELL GOLD 16 SELL GOLD 200 BUY APPRECIATION @TooSlow Thanks so much for the opportunity given to me to make use of your trading system free of charge, privilege to take part in the open challenge, for mentorship and many more …… Thanks so much you have indeed touch my life and build my confidence. This is much!!! And is worthy of emulations I will not...
You are welcome. It is NOT my system. It comes from ADVANCED ALIEN CIVILIZATION TRADING.

Your success is because of you and your willingness to learn and practice.

It is now your duty to help other traders.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,909
  • Jul 3, 2020 10:58am Jul 3, 2020 10:58am
Quoting tallshirley
Just started to trade using this method, today may not be a good start due to holiday & low range.... 4 trades: 2 stoploss & 2BE+1 : Trade1 AUDCAD: Stoploss (H1 high breakout) {image} Trade2: NZDUSD: BE+1 {image} Trade3: NZDCAD: Stoploss (H1 high breakout) {image} Trade4: GBPCHF: BE+1 {image} There are many opportunities out there when observing H1/M15 timeframe. Wonder how did you guys choose higher probability or higher winning trade setup (e.g. avoid ranging market, avoid prior day breakout...)? I hope i got it right and expect more profitable...
Did you read the challenge rules? Do you understand what ONLY TRADE ONE PAIR means? Do not blame your failure on anything else or anyone else.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,910
  • Jul 3, 2020 11:08am Jul 3, 2020 11:08am
Quoting TooSlow
{quote} Did you read the challenge rules? Do you understand what ONLY TRADE ONE PAIR means? Do not blame your failure on anything else or anyone else.
Tooslow,
I read some followers gotten great result and would like to try.... just re-read the challenge & will try again next week. Not blaming anyone and would like to learn... appreciate your sharing & guidance.

CHALLENGE

Trade 0.01 lots for 10 trades.
Follow the rules exactly.
Stick with the same pair for all 10 trades.
Post your results.
  • #14,911
  • Jul 3, 2020 1:44pm Jul 3, 2020 1:44pm
Quoting tallshirley
Just started to trade using this method, today may not be a good start due to holiday & low range.... 4 trades: 2 stoploss & 2BE+1 : Trade1 AUDCAD: Stoploss (H1 high breakout) {image} Trade2: NZDUSD: BE+1 {image} Trade3: NZDCAD: Stoploss (H1 high breakout) {image} Trade4: GBPCHF: BE+1 {image} There are many opportunities out there when observing H1/M15 timeframe. Wonder how did you guys choose higher probability or higher winning trade setup (e.g. avoid ranging market, avoid prior day breakout...)? I hope i got it right and expect more profitable...
Not trading holidays when all of America is closed is always a good start.
  • #14,912
  • Jul 3, 2020 11:34pm Jul 3, 2020 11:34pm
so we follow each new candle on H1 during the day? so it does not matter what time I check on the chart, just have to mark the areas on H1 and move down to m15 or m5, to see if there are valid trades?
  • #14,913
  • Jul 3, 2020 11:38pm Jul 3, 2020 11:38pm
Quoting mike_g
so we follow each new candle on H1 during the day? so it does not matter what time I check on the chart, just have to mark the areas on H1 and move down to m15 or m5, to see if there are valid trades?
Once the new entry-level has formed then you move down to m15 m5.
  • #14,914
  • Jul 4, 2020 7:27am Jul 4, 2020 7:27am
Quoting JustJD
I return to these screens after a few days of absence. I moved from demo test to microlots test on a real account, monitoring 7 pairs which offer me a fairly low spread that allows me to use this trading system. I'm struggling to be consistent with HiLo due to my exit strategy. I've great difficulty to let the profit run, I observed that very often, once 5 pips of profit have been reached, the price tends to return to BE. This, according to the official exit strategy, would result in a multitude of BE+1 trades. So I decided to edit my exit strategy...

Hello JustJD. Try 1 month with 1:1 R:R and let us know

And don't forgot to look left

Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 14 KB
  • #14,915
  • Jul 4, 2020 1:47pm Jul 4, 2020 1:47pm
Who is taking the 10 trade challenge the week of JULY 5, 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
  • #14,916
  • Jul 4, 2020 7:07pm Jul 4, 2020 7:07pm
Quoting TooSlow
Who is taking the 10 trade challenge the week of JULY 5, 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!
I’m in I will start on Monday
  • #14,917
  • Jul 5, 2020 8:50pm Jul 5, 2020 8:50pm
Trade #1 EU short -5
Attached Image (click to enlarge)
Click to Enlarge Name: C0AFDF88-B307-4DF5-A513-817D2803416A.jpeg Size: 515 KB
  • #14,918
  • Jul 5, 2020 10:00pm Jul 5, 2020 10:00pm
Quoting naruponk
Trade #1 EU short -5 {image}
There is a message on the left hand side of your chart.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,919
  • Jul 5, 2020 10:03pm Jul 5, 2020 10:03pm
Quoting naruponk
{quote} Once the new entry-level has formed then you move down to m15 m5.
say there was no entry level, should i keep adjusting the interest zone base on new H1 candle openings?
  • #14,920
  • Jul 5, 2020 10:03pm Jul 5, 2020 10:03pm
Quoting TooSlow
{quote} There is a message on the left hand side of your chart.
Thanks for commenting TS, when current price break yesterday H/L we should not trade or trade very carefully?
10 traders viewing now