trade 100
win 1 pip
win 1 pip
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2
Highest Open / Lowest Open Trade
- #16,872
- Jul 17, 2022 7:06pm Jul 17, 2022 7:06pm
- Joined Mar 2012 | Status: Trader | 14,377 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #16,873
- Jul 20, 2022 10:45am Jul 20, 2022 10:45am
- Joined Mar 2012 | Status: Trader | 14,377 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #16,876
- Jul 22, 2022 5:29am Jul 22, 2022 5:29am
Trade 2 EURUSD M5, SOLD WITH THE TREND UNDER h1 OPEN +8.5 PIPS I am aware it is not quite by the rules but i had another buy on eurusd with the rules for the previous h1 open wich resulted in +1 pips (was 6 and turned against me). Then i saw the new h1 open and the obvious down trend and ...ta daaa 
- #16,877
- Jul 22, 2022 5:42am Jul 22, 2022 5:42am
Trade 3 EURUSD BUY was the trade i speak about in the previous post. With the rules above the previous h1 open. Was 6 pips + then turned against me so +1 on this one
I am also using some EMA's on m5. The blue one is a 20 ema. Red one is 60 ema (aka the 20 ema on m15; and the white one is 240 ema (aka the 20 ema on H1)
I am also using some EMA's on m5. The blue one is a 20 ema. Red one is 60 ema (aka the 20 ema on m15; and the white one is 240 ema (aka the 20 ema on H1)
- #16,878
- Edited 4:23am Jul 23, 2022 4:11am | Edited 4:23am
Hi, Very nice system. Beautiful trade management and idea. I will take the 10 trade challenge. Will post trade 1 XAUUSD M5 +7 PIPS{image}
This is your line of entry of sell or buy, whenever a new highest/lowest H1 candle opens. you do not trade on every H1 open (that is another thread by TooSlow, which you can visit). so all your trades were not by the rules although you successfully managed to gain some pips (congrats). below are the valid entries for your pairs.
On gold: bar 1 was the highest H1 open of the day (17:00 GMT), so the next bar was a valid entry, however you would have been stopped out because the third bar made a new high. Bar 4 was OK and so your profitable sell would have been on bar 5.
The EU trades: there was one valid buy entry based on the lowest H1 open 11:00, there were no other entries after that because the area of interest remained the same and no candles opened in that area after 11:00. There was a highest H1 open at 17:00 and 4 sell entries were available.
I hope this was clear, the entry rules are well documented on the first page of this thread, good luck.
- #16,879
- Jul 23, 2022 7:52am Jul 23, 2022 7:52am
- Joined Mar 2012 | Status: Trader | 14,377 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade