Long UJ +4 locked pip to all .
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DislikedHi guys. New follower of the thread here. I've read through a lot of the pages of the thread but struggling to see where you decide price has tested a high or low and therefore you go long/ short when price crosses back over the open price? On hal7's trade on EG the low was at 0.8618. The next candle opened at 0.8624. Price only moved down to 0.8622 before moving higher. Is that considered a valid test of the low as it was only a 2 pip move down before moving up through the open price. And on dulof's trade AU opened at 0.7765 and moved 1 pip higher...Ignored
DislikedHi guys. New follower of the thread here. I've read through a lot of the pages of the thread but struggling to see where you decide price has tested a high or low and therefore you go long/ short when price crosses back over the open price? On hal7's trade on EG the low was at 0.8618. The next candle opened at 0.8624. Price only moved down to 0.8622 before moving higher. Is that considered a valid test of the low as it was only a 2 pip move down before moving up through the open price. And on dulof's trade AU opened at 0.7765 and moved 1 pip higher...Ignored
Disliked{quote} Try not to overanalyze. Study the rules, they are quite simple. Make demo trades, that is how you really learn. You will find what works best for you in trading it. And importantly what to avoid, like raging currents in one direction. For me .1 pips failure is enough of a failure, but I also like a price that moves and fails. I at times bend and stretch rules, that works for me. An example of that is what I call a same bar trade, where I get a new high on the current bar and it comes back through the open, not...Ignored
Disliked{quote} Try not to overanalyze. Study the rules, they are quite simple. Make demo trades, that is how you really learn. You will find what works best for you in trading it. And importantly what to avoid, like raging currents in one direction. For me .1 pips failure is enough of a failure, but I also like a price that moves and fails. I at times bend and stretch rules, that works for me. An example of that is what I call a same bar trade, where I get a new high on the current bar and it comes back through the open, not...Ignored