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Highest Open / Lowest Open Trade

  • #17,401
  • Jul 17, 2023 1:42pm Jul 17, 2023 1:42pm
Challenge 7/17/2023
Entry 1/10 - USD/JPY Sell Short 139.130 - 2% risk - 7/17/2023 - 17:55 Oanda Server Time - Result - 50% partial at +5 - Stop Hit BE+1
Entry 2/10 - USD/JPY Sell Short 139.130 - 2% risk - 7/17/2023 - 18:10 Oanda Server Time - Result - 50% partial at +5 - Trailing stop hit +15
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  • #17,402
  • Jul 17, 2023 2:10pm Jul 17, 2023 2:10pm
Do daily candles make wicks ? hahahahaha thanks too slow - just popping in
  • #17,403
  • Jul 17, 2023 10:59pm Jul 17, 2023 10:59pm
Who is taking the 10 trade challenge the week of JULY 17, 2023?


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
  • #17,404
  • Jul 17, 2023 11:57pm Jul 17, 2023 11:57pm
Quoting TooSlow
Who is taking the 10 trade challenge the week of JULY 17, 2023? 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
50% off 5 pip trailing stop
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  • #17,405
  • Jul 17, 2023 11:58pm Jul 17, 2023 11:58pm
50% off 5 pip trailer
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  • #17,406
  • Jul 18, 2023 8:10am Jul 18, 2023 8:10am
123 and a holo up down up down we go
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  • #17,407
  • Jul 18, 2023 10:00am Jul 18, 2023 10:00am
The reason the chat isn't active is being we are busy trading Too Slows gift
  • #17,408
  • Jul 18, 2023 10:14am Jul 18, 2023 10:14am
This is what it looks like when you graduate from .01 hold steady
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  • #17,409
  • Jul 18, 2023 12:15pm Jul 18, 2023 12:15pm
Quoting Slightlyodd
This is what it looks like when you graduate from .01 hold steady {image}
Result TO THE MOOOOOON
  • #17,410
  • Jul 18, 2023 3:20pm Jul 18, 2023 3:20pm
I would honestly like to see all the trades of someone who in the last few months has been executing this strategy daily on a demo or real account. Posting only TPs is something that makes the strategy questionable in the long run.
  • #17,411
  • Jul 19, 2023 8:37am Jul 19, 2023 8:37am
Riera10 - sound money management will bank big pips on this method
  • #17,412
  • Jul 19, 2023 8:38am Jul 19, 2023 8:38am
123 - thanks too slow
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  • #17,413
  • Jul 19, 2023 8:54am Jul 19, 2023 8:54am
Quoting Riera10
I would honestly like to see all the trades of someone who in the last few months has been executing this strategy daily on a demo or real account. Posting only TPs is something that makes the strategy questionable in the long run.
When I catch a loss, I will post it to you. After you hit your profit target for the morning in 1 second it ruins the fun of trading ? I THINK NOT!
  • #17,414
  • Jul 19, 2023 9:37am Jul 19, 2023 9:37am
Quoting Riera10
I would honestly like to see all the trades of someone who in the last few months has been executing this strategy daily on a demo or real account. Posting only TPs is something that makes the strategy questionable in the long run.
How much of this thread have you read?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #17,415
  • Jul 19, 2023 10:43am Jul 19, 2023 10:43am
Quoting TooSlow
{quote} How much of this thread have you read?
All thread, mate
That's why I say what I say. 90% of those who post here are just their TPs. It was important to have a long run report so that we could carry out a more careful analysis.
  • #17,416
  • Jul 22, 2023 7:57pm Jul 22, 2023 7:57pm
Quoting Riera10
{quote} All thread, mate That's why I say what I say. 90% of those who post here are just their TPs. It was important to have a long run report so that we could carry out a more careful analysis.
Sim data - obviously not the same as live so consider the source. Of 71 trades, 50 closed at at least +1. No regards to trend/structure were considered.

5p move sl to +1
10p to +5
at 12+ pips either closed all or 80% and let remainder run until trailer hit.
Closing partial benefitted me only a few times over the course of the sample size so I switched over to 100% closeout at 12+
Attached File(s)
File Type: xlsx HoLo EU Sim Stats.xlsx   4 KB | 552 downloads
  • #17,417
  • Jul 22, 2023 8:02pm Jul 22, 2023 8:02pm
Solid week last week, few +1's... some major moves were bagged. The world is giving right now
  • #17,418
  • Jul 23, 2023 8:31am Jul 23, 2023 8:31am
I clearly understand how the rules. But how to determine that i am should pick buy or sell? Because in 1st post it dont explain it
  • #17,419
  • Jul 23, 2023 7:12pm Jul 23, 2023 7:12pm
Quoting veeanz
I clearly understand how the rules. But how to determine that i am should pick buy or sell? Because in 1st post it dont explain it
It's quite simple if I have understood your question

With this strategy, you are looking to trade price reversals.

So if price is rising (bullish), you will be looking for an opportunity to SELL.
If price is dropping (bearish), you will be looking to BUY,

I hope that helps.
Cheers.
Micheal
  • #17,420
  • Jul 24, 2023 7:43am Jul 24, 2023 7:43am
Quoting MichaelG
{quote} It's quite simple if I have understood your question With this strategy, you are looking to trade price reversals. So if price is rising (bullish), you will be looking for an opportunity to SELL. If price is dropping (bearish), you will be looking to BUY, I hope that helps. Cheers. Micheal
The Michael G wow! long time no see
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