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Highest Open / Lowest Open Trade

  • #15,401
  • Oct 10, 2020 12:44pm Oct 10, 2020 12:44pm
I like your style TooSlow !! I'm in ! Can't say no to you and HOLO ! Cheers all !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #15,402
  • Oct 10, 2020 1:24pm Oct 10, 2020 1:24pm
Quoting lemercenaire
{quote} Looking forward to seeing how all you new guys get on next week.

Hi Lemercenarie,

I have been following your posts for a while now, and really appreciate all the invaluable insights. I am not a scalper, I am interested more in holding somewhat long term, maybe or a week or 2? What method would you recommend that you have used in the past for new long term traders? Should I be looking at weekly charts? Thank You, have a splendid weekend.

PS I am not if I should be posting this question here, would there be a better place to post questions for you?
  • #15,403
  • Oct 12, 2020 1:58pm Oct 12, 2020 1:58pm
Quoting scsstnt
{quote} GOLD - 355.7 pips (day has not completed) Current ADR 127.3% (as i type) Where you got 500?
See the break down the Sum is an assignment for you
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  • #15,404
  • Oct 12, 2020 2:06pm Oct 12, 2020 2:06pm
Quoting Paymanz
{quote} hey aadedare, what do you mean by to avoid freight train trade on h4 chart?!
do not counter trade a series or chains of H4 allow you trade to run

outlook of same trade on 15mins time frame
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  • #15,405
  • Oct 12, 2020 2:18pm Oct 12, 2020 2:18pm
Quoting aadedare
{quote} do not counter trade a series or chains of H4 allow you trade to run outlook of same trade on 15mins time frame {image}
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  • #15,406
  • Oct 12, 2020 3:30pm Oct 12, 2020 3:30pm
To learn this method, use the tools provided. When you master it, then you are free to add/change/delete. Until then, use the tools provided.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,407
  • Oct 13, 2020 2:50am Oct 13, 2020 2:50am
hey guys,

regarding smhilow open lines indicator, how do you use it? it confused me, the open lines doesnt match the hourly candle! am i missing something?!
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  • #15,408
  • Oct 13, 2020 5:58am Oct 13, 2020 5:58am
Quoting Paymanz
hey guys, regarding smhilow open lines indicator, how do you use it? it confused me, the open lines doesnt match the hourly candle! am i missing something?! {image}
HOW TO USE IT IS ON PAGE 1
https://www.forexfactory.com/thread/...est-open-trade
  • #15,409
  • Oct 13, 2020 6:14am Oct 13, 2020 6:14am
Hello traders! 3 trades yesterday, the first took 3 pips trailing and the other 2 BE+1.

Trade 1

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Trade 2

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Trade 3

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  • #15,410
  • Oct 13, 2020 8:07am Oct 13, 2020 8:07am
Trailing stop hit at +6

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  • #15,411
  • Oct 13, 2020 9:29am Oct 13, 2020 9:29am
This is the 5th time I miss a signal by a few seconds ! And NO WAY am I breaking ANY RULES. No chasing trades. Might have to spread my challenge to next week to get my 10 trades, if that is allowed. Or start from scratch !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #15,412
  • Oct 13, 2020 10:29am Oct 13, 2020 10:29am
Quoting Paymanz
hey guys, regarding smhilow open lines indicator, how do you use it? it confused me, the open lines doesnt match the hourly candle! am i missing something?! {image}
In your screenshot, the H1 Highest Open matches exactly!
  • #15,413
  • Oct 13, 2020 10:30am Oct 13, 2020 10:30am
Quoting mtako
This is the 5th time I miss a signal by a few seconds ! And NO WAY am I breaking ANY RULES. No chasing trades. Might have to spread my challenge to next week to get my 10 trades, if that is allowed. Or start from scratch !
Do not worry.
You can keep going for 2 weeks, 3 weeks, 4 weeks, 10 trades, 20 trades or 100 trades.

The point of the challenge is not to impose some rigid rule set on you, it is to help you learn by focusing on a single pair.
As long as you are learning you're doing fine
  • #15,414
  • Oct 13, 2020 1:58pm Oct 13, 2020 1:58pm
Quoting lemercenaire
{quote} In your screenshot, the H1 Highest Open matches exactly!
i meant the other higher open levels. they are H1 right? if yes then they doesnt match the H1 candles!
  • #15,415
  • Oct 13, 2020 2:34pm Oct 13, 2020 2:34pm
Quoting Paymanz
{quote} i meant the other higher open levels. they are H1 right? if yes then they doesnt match the H1 candles!
No, those other levels aren't Open levels. They are the distance from the Open level in 5 pip increments. You can turn that off in the settings if you find it distracting.
  • #15,416
  • Oct 13, 2020 2:47pm Oct 13, 2020 2:47pm
Quoting Aeson
{quote} Do not worry. You can keep going for 2 weeks, 3 weeks, 4 weeks, 10 trades, 20 trades or 100 trades. The point of the challenge is not to impose some rigid rule set on you, it is to help you learn by focusing on a single pair. As long as you are learning you're doing fine
without your scanner and manager there is no way I could have fun with this little charm. thanks sincerely a lot! I have been trading a long time and this is a new breath of fresh air. thankyou guys!

ps finally got in with UCad, +1pips. so thats my pair
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #15,417
  • Oct 14, 2020 10:41am Oct 14, 2020 10:41am
GBPUSD... +15.1 pips

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  • #15,418
  • Oct 14, 2020 2:21pm Oct 14, 2020 2:21pm
Quoting mtako
{quote} without your scanner and manager there is no way I could have fun with this little charm. thanks sincerely a lot! I have been trading a long time and this is a new breath of fresh air. thankyou guys! ps finally got in with UCad, +1pips. so thats my pair
Stick with one pair - USDCAD. You do not need anything else. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,419
  • Oct 14, 2020 2:52pm Oct 14, 2020 2:52pm
Missed this beautiful entry. Happy to be waiting for the next.
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #15,420
  • Oct 14, 2020 8:42pm Oct 14, 2020 8:42pm
what is the "highest H1 open"
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