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Highest Open / Lowest Open Trade

  • #17,481
  • Aug 18, 2023 5:06am Aug 18, 2023 5:06am
Quoting ThanksDana
This system began in 2016, how about result if we follow rules in post 1 ? Are there anyone show me result, Thank you very much!
its not an automated system so asking about results makes no sense..
everyone have different results.. depending on when you are trading..
if you only trade on days the strategy don't work you can claim this strategy does not work
if you are lucky and trade on days when most of the signals work you can claim this strategy is highly profitable
and so on..

trade it and you can see your results..
Muni loves you all!
  • #17,482
  • Aug 18, 2023 5:41am Aug 18, 2023 5:41am
Quoting TooSlow
{quote} Bravo! Note when price ran up into the area of interest for shorts after crossing below the highest H1 open, price failed to make a higher high and fell below the highest H1 open.

Thanks TS - I'll add that observation in to my analysis
  • #17,483
  • Aug 18, 2023 8:05am Aug 18, 2023 8:05am
AU waiting - all other pairs I look at have broken out

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  • #17,484
  • Aug 21, 2023 12:39am Aug 21, 2023 12:39am
Hi TooSlow, is my entry correct? It is not the ideal one but I was wondering if it counts as H1 open high is still below the daily high
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  • #17,485
  • Aug 21, 2023 9:24am Aug 21, 2023 9:24am
Who is taking the 10 trade challenge the week of AUGUST 20, 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
  • #17,486
  • Aug 21, 2023 9:25am Aug 21, 2023 9:25am
Quoting Thakri
Hi TooSlow, is my entry correct? It is not the ideal one but I was wondering if it counts as H1 open high is still below the daily high {image}
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Did you follow the rules as posted on my chart?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #17,487
  • Aug 21, 2023 9:36am Aug 21, 2023 9:36am
Quoting Nod32
{quote} Hi TooSlow Is this indicator activated only on the daily candle? {image}
No.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #17,488
  • Aug 21, 2023 9:37am Aug 21, 2023 9:37am
Quoting MuniFX
{quote} its not an automated system so asking about results makes no sense.. everyone have different results.. depending on when you are trading.. if you only trade on days the strategy don't work you can claim this strategy does not work if you are lucky and trade on days when most of the signals work you can claim this strategy is highly profitable and so on.. trade it and you can see your results..
Very well put.

Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #17,489
  • Aug 21, 2023 9:43am Aug 21, 2023 9:43am
Quoting TooSlow
{quote} {image} Did you follow the rules as posted on my chart?
I guess I didn't. Previous bar did not make higher high. It was the break out bar itself.
  • #17,490
  • Aug 21, 2023 9:47am Aug 21, 2023 9:47am
Quoting Thakri
{quote} I guess I didn't. Previous bar did not make higher high. It was the break out bar itself.
Thakri, you don't need to ask when you can deduce the answer for yourself.

Cheers!


Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #17,491
  • Aug 22, 2023 8:03am Aug 22, 2023 8:03am
Patience required - breakouts all over the place
  • #17,492
  • Aug 24, 2023 3:04am Aug 24, 2023 3:04am
took a short on EU last night - sorry no screenshot - result B/E
  • #17,493
  • Aug 24, 2023 3:06am Aug 24, 2023 3:06am
Potential long - been very few opportunities for me on EU this week

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  • #17,494
  • Aug 24, 2023 4:36am Aug 24, 2023 4:36am
Quoting rich_tee
Potential long - been very few opportunities for me on EU this week {image}
No trade broken lower
  • #17,495
  • Aug 25, 2023 1:26am Aug 25, 2023 1:26am
EJ - only pair on my list not to have broken out

Been slow going this week for me - very little on EU which I'm trying to concentrate on for my 10 trades (currently 5)

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M5 view

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  • #17,496
  • Aug 25, 2023 2:01am Aug 25, 2023 2:01am
Closed + 14 pips
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  • #17,497
  • Aug 25, 2023 10:37am Aug 25, 2023 10:37am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #17,498
  • Aug 26, 2023 9:40am Aug 26, 2023 9:40am
Quoting TooSlow
{quote} No.
So why doesn't it show weekly and monthly lines?
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  • #17,499
  • Aug 28, 2023 12:35pm Aug 28, 2023 12:35pm
Quoting Nod32
{quote} So why doesn't it show weekly and monthly lines? {image}
See what happens if you switch to H4 instead of D1.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #17,500
  • Aug 29, 2023 5:58am Aug 29, 2023 5:58am
EU pending

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