Highest Open / Lowest Open Trade

Quoting lemercenaire

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{quote} This is an old perennial - no less valid though, so fair enough. People do get themselves tied up in knots with it, however. If you go back to the halcyon days with Michael G, Pippy, TooSlow and myself, the one thing you will notice is that all of us - spread across the world, from US, Australia and UK - all simply used the midnight of OUR day as our day's beginning. We then simply played what we saw in front of us. One clue to success on top of that, however, is to trade the pair(s) that are most active for your home area. You will see...

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Quoting B.C

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{quote} Area Of Interest. The wick of the highest or lowest candle open.

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Quoting lbtrader

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{quote} AOI=Area of interest is correct, but the wick of the highest or lowest open is not. The AOI is a dynamic thing that can change whenever any of the H1 higher(or lower) open OR the high(or low) of the day change. If both stay the same then the AOI will remain the same. The AOI is the box drawn between the New higher (or lower) H1 open AND the high(or low) of the day. The high (or low) may be the same candle or maybe a previous candle. Check how many AOI in your example of GJ{image}

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Quoting apples1978

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Question, Do you find with big news like FOMC yesterday makes the HH LL very wide tend to make the following day tougher to trade with this method? I got the GJ posted above but saw there were lot of other pairs i would of struggled with like the UJ EU NJ AJ where it was more interested in breakouts Thanks!

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Quoting TooSlow

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{image}

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Quoting TooSlow

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{image}

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Quoting heyitsme

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{quote} also, both of these are breakout m15 breakout bars, so you can't take the trade, no? {image}

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Quoting LooseMyMoney

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Good Monday morning, +6 for first trade this week. Bended rulers a little bit. Big boys caught my trail at +6 before run. No regrets {image}

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