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Highest Open / Lowest Open Trade

  • #14,941
  • Edited 8:13am Jul 9, 2020 7:58am | Edited 8:13am
Hi. TS said that I'm not using the tools provided. In first post I didn't find any indicators or templates. Could you help me with that? meantime I post a chart with some possible trades based on what I understood after 130 pages of reading. Any comments? thank you

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4 trades (3 short, 1 long)
4 (possible) wins
  • #14,942
  • Jul 9, 2020 9:27am Jul 9, 2020 9:27am
This is a free telegram group where experienced traders share their trades and technical/ fundamental updates on the market: https://t.me/joinchat/IQwq2hFv4UeDJ_9RROZqcw
  • #14,943
  • Jul 9, 2020 12:51pm Jul 9, 2020 12:51pm
Hi! another long trade (+6 pips). Late entry but it had not reached +5 pips so I thought that it was still good. Any comments? thank you

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  • #14,944
  • Jul 9, 2020 1:34pm Jul 9, 2020 1:34pm
Quoting Forexgoat
This is a free telegram group where experienced traders share their trades and technical/ fundamental updates on the market: https://t.me/joinchat/IQwq2hFv4UeDJ_9RROZqcw
This is not Right
  • #14,945
  • Jul 9, 2020 1:46pm Jul 9, 2020 1:46pm
GOLD
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  • #14,946
  • Jul 9, 2020 1:57pm Jul 9, 2020 1:57pm
Quoting Danielesse87
Hi. TS said that I'm not using the tools provided. In first post I didn't find any indicators or templates. Could you help me with that? meantime I post a chart with some possible trades based on what I understood after 130 pages of reading. Any comments? thank you {image} 4 trades (3 short, 1 long) 4 (possible) wins
Indicators are in the paperclip at the top right of the page: the Open Lines one. You don't need anything else.
Some parts of TS' template will not be available to you, as they are indicators that cannot be shared.
  • #14,947
  • Jul 9, 2020 1:59pm Jul 9, 2020 1:59pm
Quoting Danielesse87
"To avoid Freight Trains only trade with the H4 candle." I will try to understand what it means "You are not using the tools provided." Sorry for that. Probably because I'm still reading the whole thread. Thank you TS
If H4 candle colour is short, then only look to trade short.
If H4 candle colour is long, then only look to trade long.
  • #14,948
  • Jul 9, 2020 2:09pm Jul 9, 2020 2:09pm
Quoting lemercenaire
{quote} Indicators are in the paperclip at the top right of the page: the Open Lines one. You don't need anything else. Some parts of TS' template will not be available to you, as they are indicators that cannot be shared.
Thank you for the answer. I'm confused because I have that indicator in my chart but TS said me that I'm not using the tools provided... I don't know why
  • #14,949
  • Jul 9, 2020 2:10pm Jul 9, 2020 2:10pm
Quoting lemercenaire
{quote} If H4 candle colour is short, then only look to trade short. If H4 candle colour is long, then only look to trade long.
you are very kind. Thanks
  • #14,950
  • Jul 9, 2020 4:24pm Jul 9, 2020 4:24pm
Quoting Danielesse87
{quote} Thank you for the answer. I'm confused because I have that indicator in my chart but TS said me that I'm not using the tools provided... I don't know why
I don't know the post, so cannot comment on that. Possibly he meant you had added too many others on top?

I posted a few back a very basic, pared-back chart, with pretty much just the open lines indi on it.

That's all you need.
  • #14,951
  • Jul 9, 2020 4:44pm Jul 9, 2020 4:44pm
Quoting lemercenaire
{quote} I don't know the post, so cannot comment on that. Possibly he meant you had added too many others on top? I posted a few back a very basic, pared-back chart, with pretty much just the open lines indi on it. That's all you need.
On my chart there are only HiLo open lines and m-candle to show h1 candles on M5 chart . Maybe TS was talking to somebody else LOL. Thank you lemercenaire and TS
  • #14,952
  • Jul 9, 2020 5:02pm Jul 9, 2020 5:02pm
Quoting Danielesse87
{quote} On my chart there are only HiLo open lines and m-candle to show h1 candles on M5 chart . Maybe TS was talking to somebody else LOL. Thank you lemercenaire and TS
Quite possibly, lol.
  • #14,953
  • Jul 9, 2020 11:43pm Jul 9, 2020 11:43pm
Quoting Danielesse87
{quote} Thank you for the answer. I'm confused because I have that indicator in my chart but TS said me that I'm not using the tools provided... I don't know why
You are not using the template.

You have added things.

When you bake a cake but don't follow the recipe, are you surprised it didn't turn out right?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,954
  • Jul 10, 2020 12:29am Jul 10, 2020 12:29am
Quoting TooSlow
{quote} You are not using the template. You have added things. When you bake a cake but don't follow the recipe, are you surprised it didn't turn out right?
Hi TS thank you for the answer. On my chart there are only HiLo open lines and m-candle. Really I don't Know what's wrong. I don't want to break the rules. I only changed chart's colors. Greetings
  • #14,955
  • Jul 10, 2020 5:45am Jul 10, 2020 5:45am
Quoting Danielesse87
{quote} Hi TS thank you for the answer. On my chart there are only HiLo open lines and m-candle. Really I don't Know what's wrong. I don't want to break the rules. I only changed chart's colors. Greetings
see page 530 post for the Template/ Tools
Advice to save a moditified template with a new name and preserve master Template for reference
https://www.forexfactory.com/showthr...74#post9626774
  • #14,956
  • Jul 10, 2020 6:27am Jul 10, 2020 6:27am
Quoting aadedare
{quote} see page 530 post for the Template/ Tools Advice to save a moditified template with a new name and preserve master Template for reference https://www.forexfactory.com/showthr...74#post9626774
Hi! Thank you.I have that indicator on my chart + m-candle indicator. Is maybe m-candle the problem? I don't know. I changed only chart colors
  • #14,957
  • Jul 10, 2020 10:56am Jul 10, 2020 10:56am
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  • #14,958
  • Jul 10, 2020 12:19pm Jul 10, 2020 12:19pm
Quoting aadedare
{image}
Hi! Nice trade. How do you avoid "freight trains"? TS say: "trade with H4 candles". If you had followed that rule, this trade was no good because H4 candle was green. What do you think about that?
  • #14,959
  • Jul 10, 2020 1:11pm Jul 10, 2020 1:11pm
Quoting Danielesse87
{quote} Hi! Nice trade. How do you avoid "freight trains"? TS say: "trade with H4 candles". If you had followed that rule, this trade was no good because H4 candle was green. What do you think about that?
That's trading. The next time, it would have gone the opposite way. It's just a ''be aware'' notice.
  • #14,960
  • Jul 10, 2020 8:25pm Jul 10, 2020 8:25pm
Quoting Danielesse87
{quote} Hi! Nice trade. How do you avoid "freight trains"? TS say: "trade with H4 candles". If you had followed that rule, this trade was no good because H4 candle was green. What do you think about that?
Was the H4 a freight train or just green?

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