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Trading is as simple as 1-2-3

  • #11,081
  • Sep 29, 2021 6:46am Sep 29, 2021 6:46am
Quoting parvezissa
Question: What to do when Last bar made a High of the day as well as Low of the day in 4 hour TF? thanks {image}
Follow the rules. The rules do not include H4 bars.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,082
  • Edited 8:50pm Sep 29, 2021 1:01pm | Edited 8:50pm
Hi Mates,
EURUSD, today, I managed to open 2 long in EU and stopped out with -8 pips each.
But that's not a big problem.
In Sha Allah, I will improve it.

Attached Image (click to enlarge)
Click to Enlarge Name: 57ebc3d70842642eda1e56ebd7c09b65.png Size: 49 KB

Cheers
Ahmad Hassan
  • #11,083
  • Sep 29, 2021 1:06pm Sep 29, 2021 1:06pm
Quoting AhmadHassan6
Hi Mates, EURUSD, today, I managed to open 2 shorts in EU and stopped out with -8 pips each. But that's not a big problem. In Sha Allah, I will improve it. {image} Cheers
Those are not 1-2-3 Short trades.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,084
  • Sep 29, 2021 1:15pm Sep 29, 2021 1:15pm
Quoting TooSlow
{quote} Those are not 1-2-3 Short trades.
May be I was missing/ignoring something. I apologize for it Master TS.
Let me explain, how I entered these trades, Initially, I saw that the [1] candle (Pervious candle) makes a new low and then I start looking for entry in [0] candle (current candle). I saw that the current bar tested the lower low and then move near to the open of current candle and then I open my trades. But after a while price again moved down and made a new lower low of the day by hitting my SL.

Kindly guide, If I am making mistakes.

Thanks
Ahmad Hassan
  • #11,085
  • Sep 29, 2021 1:23pm Sep 29, 2021 1:23pm
Dear, Master TooSlow.
There is an example that how I am trading/understading 1-2-3 trading methodology. May be I am doing wrong.
This is GBPUSD, currently trade is at +5 pips approx.
Attached Image (click to enlarge)
Click to Enlarge Name: 99227558eb5c2d18994cf43f8b9d4849.png Size: 90 KB

Sorry, If I am polluting this thread by my post
Ahmad Hassan
  • #11,086
  • Sep 29, 2021 2:02pm Sep 29, 2021 2:02pm
Quoting AhmadHassan6
Dear, Master TooSlow. There is an example that how I am trading/understading 1-2-3 trading methodology. May be I am doing wrong. This is GBPUSD, currently trade is at +5 pips approx. {image} Sorry, If I am polluting this thread by my post
Moved the STOP to BE. Running at +12.
Attached Image (click to enlarge)
Click to Enlarge Name: 0c83780d1af1187deef01c50cad599fb.png Size: 55 KB

Let us see this dance
Ahmad Hassan
  • #11,087
  • Sep 29, 2021 3:07pm Sep 29, 2021 3:07pm
Quoting AhmadHassan6
Dear, Master TooSlow. There is an example that how I am trading/understading 1-2-3 trading methodology. May be I am doing wrong. This is GBPUSD, currently trade is at +5 pips approx. {image} Sorry, If I am polluting this thread by my post
No worries about posting here, Mate. If you are following the rules, then you are not doing it wrong. Sometimes, you can follow the rules and the market can move against you resulting in a loss. Do not give up. Cheers, Mate!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,088
  • Sep 29, 2021 3:50pm Sep 29, 2021 3:50pm
Quoting AhmadHassan6
Hi Mates, EURUSD, today, I managed to open 2 shorts in EU and stopped out with -8 pips each. But that's not a big problem. In Sha Allah, I will improve it. {image} Cheers
You would have been going long there, not short. Did you just make a mistake in the post? That's why TS will have said they weren't 1-2-3 short trades.
  • #11,089
  • Sep 29, 2021 8:51pm Sep 29, 2021 8:51pm
Quoting lemercenaire
{quote} You would have been going long there, not short. Did you just make a mistake in the post? That's why TS will have said they weren't 1-2-3 short trades.
Oops. I made a typing mistake.
Edited the post now.
Thanks Lemercenaire
Ahmad Hassan
  • #11,090
  • Sep 30, 2021 12:45am Sep 30, 2021 12:45am
Quoting AhmadHassan6
{quote} Oops. I made a typing mistake. Edited the post now. Thanks Lemercenaire
No worries.
  • #11,091
  • Sep 30, 2021 2:09am Sep 30, 2021 2:09am
Attached Image (click to enlarge)
Click to Enlarge Name: 93021au.png Size: 15 KB
Short AU +5 locked
  • #11,092
  • Sep 30, 2021 2:23pm Sep 30, 2021 2:23pm
Hi mates,
Trading from Mobile.
EurUsd: SL +10pips.
Running at +18 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20211001-001916_MetaTrader 4.jpg Size: 259 KB
Stay Green
Ahmad Hassan
  • #11,093
  • Oct 1, 2021 2:16am Oct 1, 2021 2:16am
Attached Image (click to enlarge)
Click to Enlarge Name: 10121cf.png Size: 15 KB
Long CF +5 locked
  • #11,094
  • Oct 5, 2021 2:33am Oct 5, 2021 2:33am
Attached Image (click to enlarge)
Click to Enlarge Name: 10521nz.png Size: 16 KB
Long NZ +5 locked
  • #11,095
  • Oct 6, 2021 2:27am Oct 6, 2021 2:27am
Attached Image (click to enlarge)
Click to Enlarge Name: 10621jy.png Size: 13 KB
Long JY +5 locked
  • #11,096
  • Oct 6, 2021 4:08am Oct 6, 2021 4:08am
Quoting hal7
{image}Long JY +5 locked
short of course;-)
trading is like dancing, don't think and just listen to the music!
  • #11,097
  • Oct 6, 2021 9:36am Oct 6, 2021 9:36am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 55 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,098
  • Oct 6, 2021 9:53am Oct 6, 2021 9:53am
Quoting birdland
{quote} short of course;-)
Oops, yeah usually half awake, good news that trade is +46 short.
  • #11,099
  • Oct 6, 2021 1:04pm Oct 6, 2021 1:04pm
Quoting hal7
{image}Long JY +5 locked
Hi, hal7...!
I can't understand how you took your short in the candle with red-down arrow? Although its looks to me the Highest of the day. So, according to rules, I think it should be waited for the next candle to test the high and then open the trade at open of that candle.

But I can't understand it from your chart. Can you please let me know about it?

Thanks
Ahmad Hassan
  • #11,100
  • Oct 7, 2021 2:08am Oct 7, 2021 2:08am
Quoting AhmadHassan6
{quote} Hi, hal7...! I can't understand how you took your short in the candle with red-down arrow? Although its looks to me the Highest of the day. So, according to rules, I think it should be waited for the next candle to test the high and then open the trade at open of that candle. But I can't understand it from your chart. Can you please let me know about it? Thanks
I always enter the trade on the bar after my red arrow which indicates my high mark.
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