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Trading is as simple as 1-2-3

  • #10,821
  • Jun 7, 2021 12:41am Jun 7, 2021 12:41am
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Long GU +5 locked
  • #10,822
  • Jun 8, 2021 1:46am Jun 8, 2021 1:46am
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Short CF +5 locked
  • #10,823
  • Jun 8, 2021 2:11am Jun 8, 2021 2:11am
Gu +2pips
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  • #10,824
  • Edited 5:39am Jun 9, 2021 12:44am | Edited 5:39am
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Short GU +5 locked +23
  • #10,825
  • Jun 9, 2021 7:20am Jun 9, 2021 7:20am
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EU Short +5 ...................
  • #10,826
  • Jun 10, 2021 12:23am Jun 10, 2021 12:23am
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Short NZ +5 locked
  • #10,827
  • Jun 10, 2021 5:09am Jun 10, 2021 5:09am
AU +3 pips
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  • #10,828
  • Jun 10, 2021 6:07am Jun 10, 2021 6:07am
So, to clarify, the pattern we're trading is this: A new high or low of the day, a pullback from the high or low, a retest of that high or low on the next candle, and taking sells or buys at the cross of the open after a sufficient retest of the highs or lows, correct?
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You gotta boop the snoot
Learning to scalp NAS100 Part 2 All Time Return: 0.5%
  • #10,829
  • Jun 10, 2021 6:17am Jun 10, 2021 6:17am
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EU Short +5 ......................................................
  • #10,830
  • Edited 2:59am Jun 11, 2021 12:14am | Edited 2:59am
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Short GU +5 locked +20
  • #10,831
  • Jun 11, 2021 12:33am Jun 11, 2021 12:33am
EU +5
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  • #10,832
  • Jun 11, 2021 1:03am Jun 11, 2021 1:03am
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EU Short + 5
  • #10,833
  • Jun 11, 2021 5:48pm Jun 11, 2021 5:48pm
Quoting HimmerJimmer
So, to clarify, the pattern we're trading is this: A new high or low of the day, a pullback from the high or low, a retest of that high or low on the next candle, and taking sells or buys at the cross of the open after a sufficient retest of the highs or lows, correct? {image}
Read Post #1. The steps are there. On the charts I post the steps are listed.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,834
  • Jun 12, 2021 3:31am Jun 12, 2021 3:31am
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Here's how my GU short played out Friday, I did capture it all but it ran, +75
  • #10,835
  • Jun 12, 2021 3:32am Jun 12, 2021 3:32am
Quoting hal7
{image}Here's how my GU short played out Friday, I did capture it all but it ran, +75
Hi, Hal
How do you decide when to close or hold?
  • #10,836
  • Jun 14, 2021 12:52am Jun 14, 2021 12:52am
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Long EU +5 locked
  • #10,837
  • Jun 14, 2021 1:00am Jun 14, 2021 1:00am
Quoting naruponk
{quote} Hi, Hal How do you decide when to close or hold?
I vary this quite a bit. I used to take off a percentage at +5, and leave stop or move it. Lately I have been just moving stop to BE +1, often price will come back and take it out. But as in a case like the GU this day it got on a straight run. Those are the bonus trades. There, after a significant move I generally will go to a +10 trailer and try to increase that if price is moving in a strong trend to +20.
  • #10,838
  • Jun 14, 2021 6:19am Jun 14, 2021 6:19am
Quoting hal7
{quote} I vary this quite a bit. I used to take off a percentage at +5, and leave stop or move it. Lately I have been just moving stop to BE +1, often price will come back and take it out. But as in a case like the GU this day it got on a straight run. Those are the bonus trades. There, after a significant move I generally will go to a +10 trailer and try to increase that if price is moving in a strong trend to +20.
Thank you
  • #10,839
  • Jun 15, 2021 12:54am Jun 15, 2021 12:54am
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Short GJ +5 locked
  • #10,840
  • Jun 15, 2021 2:06am Jun 15, 2021 2:06am
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Short EU + 5 ..................................................................
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