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Highest Open / Lowest Open Trade

  • #16,881
  • Edited 1:03pm Jul 23, 2022 11:57am | Edited 1:03pm
Quoting Aqvila
{quote} 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) which 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
You are absolutely right, I saw the brown rectangle in your picture and assumed I was in the right time, but you're right, your trade was on the 13:00 H1. below is the illustration. the yellow lines are possible profit targets but if you're following the 5 pip rule then a +10 was quite achievable (but I think more like 17 or 20 because that long wick did not trigger the +10 TS so it's likely that your trade would have been stopped two bars later). your entry is below the H1 open line, is that because of your broker spread? The rule says no late entry, not even 1 pip.
There was also another entry soon after for +20.
Attached Image (click to enlarge)
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  • #16,882
  • Jul 23, 2022 1:02pm Jul 23, 2022 1:02pm
@IBTRADER Thank you for rectification. Yes the spread was the problem. I took the 8 pips beacause price was going into some previous support to the left. But yes 10 or more pips could be easily done. Now it's clear.
The second entry you pointed i think was not available as it is the new h1 candle open at 14.00 pm
  • #16,883
  • Edited 2:07pm Jul 23, 2022 1:50pm | Edited 2:07pm
Quoting Aqvila
(edit) @(L)BTRADER Thank you for rectification. Yes the spread was the problem. I took the 8 pips because price was going into some previous support to the left. But yes 10 or more pips could be easily done. Now it's clear. The second entry you pointed i think was not available as it is the new h1 candle open at 14.00 pm
Correct, the 14:00 was the new highest open @ 1724.41 (previous one was 1724.34) but I'm talking about the entry 9 minutes before on the M1 chart, but probably would have been a +5 rather than +20 by the 5 pip rule.
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  • #16,884
  • Jul 24, 2022 6:05pm Jul 24, 2022 6:05pm
Who is taking the 10 trade challenge the week of July 24, 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
  • #16,885
  • Jul 26, 2022 3:52am Jul 26, 2022 3:52am
UJ two trades +25
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  • #16,886
  • Jul 27, 2022 12:34pm Jul 27, 2022 12:34pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #16,887
  • Aug 1, 2022 11:25am Aug 1, 2022 11:25am
Who is taking the 10 trade challenge the week of July 31, 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
  • #16,888
  • Aug 1, 2022 3:46pm Aug 1, 2022 3:46pm
TooSlow, which system are you trading more, the 1-2-3 system or this one?

I did trade the 1-2-3 system today and was able to grab 156 pips...
But this system here looks more kinda "promising" to achieve green pips.
  • #16,889
  • Aug 1, 2022 5:25pm Aug 1, 2022 5:25pm
Quoting Mr.Moe
TooSlow, which system are you trading more, the 1-2-3 system or this one? I did trade the 1-2-3 system today and was able to grab 156 pips... But this system here looks more kinda "promising" to achieve green pips.
Sometimes a HOLO is a 1-2-3.

Sometimes a 1-2-3 is a HOLO.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #16,890
  • Aug 2, 2022 1:49am Aug 2, 2022 1:49am
Ready for the first HOLO

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  • #16,891
  • Aug 2, 2022 2:09am Aug 2, 2022 2:09am
SL -25

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  • #16,892
  • Aug 2, 2022 11:32am Aug 2, 2022 11:32am
UJ +10
Attached Image (click to enlarge)
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  • #16,893
  • Aug 3, 2022 7:34pm Aug 3, 2022 7:34pm
Quoting Mr.Moe
SL -25 {image}
Looks like you entered late.

See Rule #2.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #16,894
  • Aug 4, 2022 4:41pm Aug 4, 2022 4:41pm
Quoting TooSlow
Who is taking the 10 trade challenge the week of July 31, 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
I am a new member, I am looking to try this out.
  • #16,895
  • Aug 4, 2022 9:24pm Aug 4, 2022 9:24pm
Sniper entry, stops at be +17
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  • #16,896
  • Aug 5, 2022 1:37am Aug 5, 2022 1:37am
Third Entry Today Shorts on
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  • #16,897
  • Aug 5, 2022 2:34am Aug 5, 2022 2:34am
Quoting TheZenienss
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 {image}
thank you very much for posting the results!
  • #16,898
  • Aug 5, 2022 10:04am Aug 5, 2022 10:04am
Another Entry, Stops Be +5
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  • #16,899
  • Aug 5, 2022 11:54am Aug 5, 2022 11:54am
Another One This method is amazing.
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  • #16,900
  • Aug 10, 2022 10:24am Aug 10, 2022 10:24am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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