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As complicated as necessary: Highest Open / Lowest Open Trade 861 replies

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Attachments: Highest Open / Lowest Open Trade
Exit Attachments

Highest Open / Lowest Open Trade

trade 100

win 1 pip
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_381784162_open.jpg Size: 35 KB
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_381784162_close.jpg Size: 35 KB
trade 101

win 1 pip
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_381872872_open.jpg Size: 37 KB
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_381872872_close.jpg Size: 37 KB
trade 102

win 6.6 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_381874505_open.jpg Size: 39 KB
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_381874505_close.jpg Size: 38 KB
trade 103

win 1 pip
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_381885552_open.jpg Size: 38 KB
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_381885552_close.jpg Size: 38 KB
trade 104

loss 5.9 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_382047441_open.jpg Size: 35 KB
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_382047441_close.jpg Size: 35 KB
trade 105

loss 8.9 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_382267524_open.jpg Size: 39 KB
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_382267524_close.jpg Size: 40 KB
trade 106

win 1 pip
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_382309423_open.jpg Size: 35 KB
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_382309423_close.jpg Size: 35 KB
trade 107

loss 3.1 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_382352733_open.jpg Size: 35 KB
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_382352733_close.jpg Size: 35 KB
trade 108

win 1 pip
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_382384251_open.jpg Size: 34 KB
Click to Enlarge Name: Screenshot_46587_USDJPY_M5_382384251_close.jpg Size: 34 KB
Challenge 1 month
started: Jun 12, 2022
ended: July 12, 2022

USDJPY
number of trades: 108 (59 buys and 49 sells)
lot size: 0.01
profit: $ -8.35

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB
I guess I am done with this strategy!

Thanks everyone !!!! good luck !!!!
Who is taking the 10 trade challenge the week of July 17, 2022


During the challenge, you are only to trade the same pair.

Beginners do not get to trade multiple pairs until they have mastered trading one single pair.

GREEN PIPS TO ALL.
Cheers!

PLEASE READ ALL OF POST #1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 34 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
Quoting TheZenienss
I guess I am done with this strategy! Thanks everyone !!!! good luck !!!!
Hi
Thanks for dedication and discipline. You are already there. Well done. This is very good.
Hi,
Very nice system. Beautifull trade management and idea.
I will take the 10 trade challenge.
Will post trade 1 XAUUSD M5 +7 PIPS
Attached Image (click to enlarge)
Click to Enlarge Name: 1 XAUUSD M5.jpg Size: 272 KB
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
Attached Image (click to enlarge)
Click to Enlarge Name: 2 EURUSD M5.jpg Size: 335 KB
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)
Attached Image (click to enlarge)
Click to Enlarge Name: 3 EURUSD M5.jpg Size: 291 KB
  • #16,878
  • Quote
  • Edited 5:23am Jul 23, 2022 5:11am | Edited 5:23am
Quoting Aqvila
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}
Hello Aqvilla and welcome to this thread. I would like to draw your attention to the first line of the title $$$ HIGHEST OPEN/LOWEST OPEN TRADE$$$
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.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM5.png Size: 35 KB

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.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 38 KB

I hope this was clear, the entry rules are well documented on the first page of this thread, good luck.
Quoting Aqvila
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) {image}

You must master the lesson first before you can make it your own.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #16,880
  • Quote
  • Edited 12:07pm Jul 23, 2022 11:29am | Edited 12:07pm
Quoting lbtrader
{quote} Hello Aqvilla and welcome to this thread. I would like to draw your attention to the first line of the title $$$ HIGHEST OPEN/LOWEST OPEN TRADE$$$ 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...
Thanks for kindly explain to me.
Actually it is not so clear for xau trade: i took the trade at The highest h1 open for the day at about 13.08 pm (i saw we have the same broker time on your chart) wich was at that time also the highest open for the day. What you have pointed on your chart was 4 hours later at the final highest open of the day.
So, please be kind to clarify why the xau trade was not by the rules.
Best regards
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