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Highest Open / Lowest Open Trade

  • #15,121
  • Aug 11, 2020 7:55am Aug 11, 2020 7:55am
#9
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  • #15,122
  • Aug 11, 2020 8:03am Aug 11, 2020 8:03am
Quoting Traveller365
{quote} Looks like you're on a nice roll, Angela. What's your total looking like so far?

be +1
+20.5
be +1
be +1
-1.2
-5.2
-7.5
+5
+12

I'm confused about 1H breakouts
rule - no entry on 1H breakout bars

so if trading NY session the high/low will most likely be already set, so the current 1H candle will most likely not be a breakout bar

but if trading the earlier sessions and price is still moving up/down then the current 1H bar will be a breakout bar, no?
and I see posts of people trading these 1H breakout bars
but its a rule not to trade them, so?
  • #15,123
  • Aug 11, 2020 11:35am Aug 11, 2020 11:35am
Quoting Angela100
#5 unfortunately stopped out at 1.17428 {image}
What was your entry? Was it long or short?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,124
  • Aug 11, 2020 11:36am Aug 11, 2020 11:36am
Quoting Angela100
#6 stopped 1.17309 {image}
What was your entry? Was it long or short?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,125
  • Aug 11, 2020 11:39am Aug 11, 2020 11:39am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,126
  • Aug 11, 2020 11:49am Aug 11, 2020 11:49am
Quoting TooSlow
{quote} What was your entry? Was it long or short?

trade 5
short
entry around 1.17415
  • #15,127
  • Aug 11, 2020 11:52am Aug 11, 2020 11:52am
Quoting TooSlow
{quote} What was your entry? Was it long or short?

trade 6
long
entry around 1.17365
  • #15,128
  • Edited 12:56pm Aug 11, 2020 12:45pm | Edited 12:56pm
I' ve noticed that H1 holo lines works wonderfully if the HOLO begins to a bar between 00:00 and 8 AM max (i'm from Italy) with a R:R of 1:1 max 1:3/4 (so average R:R 1:2)
  • #15,129
  • Aug 11, 2020 12:47pm Aug 11, 2020 12:47pm
In this example UJ m5 00:00 holo, ok not triggered here but in the time zone i said there are plenty of valid setups like this
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USDCHF M5

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EURAUD M5:

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etc, etc. I'm monitoring it from last year, for reason of time i never traded it but i will soon with this sort of filter/rule
  • #15,130
  • Aug 11, 2020 12:55pm Aug 11, 2020 12:55pm
Quoting Angela100
{quote} be +1 +20.5 be +1 be +1 -1.2 -5.2 -7.5 +5 +12 I'm confused about 1H breakouts rule - no entry on 1H breakout bars so if trading NY session the high/low will most likely be already set, so the current 1H candle will most likely not be a breakout bar but if trading the earlier sessions and price is still moving up/down then the current 1H bar will be a breakout bar, no? and I see posts of people trading these 1H breakout bars but its a rule not to trade them, so?
Attached Image
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,131
  • Aug 12, 2020 3:58am Aug 12, 2020 3:58am
Trade 10
EU short
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  • #15,132
  • Aug 12, 2020 4:58am Aug 12, 2020 4:58am
b/e +1
+20.5
b/e +1
b/e +1
-1.2
-5.2
-7.5
+5
+12
-12.5

=14.1
  • #15,133
  • Aug 12, 2020 9:55am Aug 12, 2020 9:55am
Good afternoon, excuse me, I wanted to ask a question. In the event that after making the entry in the next candle of 1h a new higher opening is made, the current operation would close and would you wait for a new entry? Or how would that situation be managed? thank you very much, greetings
  • #15,134
  • Aug 12, 2020 12:28pm Aug 12, 2020 12:28pm
Can we open a trade in any time of the day or just at the second hour after the new daily candle has been formed?
  • #15,135
  • Aug 12, 2020 7:26pm Aug 12, 2020 7:26pm
Quoting luca5594
Can we open a trade in any time of the day or just at the second hour after the new daily candle has been formed?
What do the rules say to do?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,136
  • Aug 13, 2020 1:56am Aug 13, 2020 1:56am
Just to open the trade, so i assume that I can open once I have the conditions. One other thing is do u use the 15m a bar as signal or 5m? Because on post 1 says 15 but in the last indicator of yours says 5m
thanks
  • #15,137
  • Aug 14, 2020 6:54am Aug 14, 2020 6:54am
GBPUSD
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  • #15,138
  • Aug 14, 2020 7:15am Aug 14, 2020 7:15am
Quoting aadedare
GBPUSD {image}
IF ONE USE 5MINS ONE HAVE 12 CHANCES OF ENTRY (5 BY 12=60MINS)
FOR 15MNS 4CHANCES
FOR 30 YOU HAVE 2 CHANCES
depending on the available time you have but stick to 5mins entry according to the rules
  • #15,139
  • Aug 14, 2020 9:16am Aug 14, 2020 9:16am
TRADE2
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  • #15,140
  • Aug 14, 2020 10:21am Aug 14, 2020 10:21am
hello, thank you for this, this is such an interesting system.. anyway, do you have any indis that plots the lines?

if there's such, can anyone kindly referred me to that link/post? thank you.
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