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Highest Open / Lowest Open Trade

  • #17,501
  • Aug 29, 2023 5:58am Aug 29, 2023 5:58am
Quoting rich_tee
EU pending {image}
No trade - breaking lower
  • #17,502
  • Aug 29, 2023 8:06am Aug 29, 2023 8:06am
EU pending

Attached Image (click to enlarge)
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  • #17,503
  • Aug 29, 2023 8:17am Aug 29, 2023 8:17am
Quoting rich_tee
EU pending {image}
Stopped - 7

M5 view
Attached Image (click to enlarge)
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  • #17,504
  • Aug 29, 2023 8:28am Aug 29, 2023 8:28am
Quoting rich_tee
EU pending {image}
This was an invalid trade - broken below yesterday low at this time - pay attention!
  • #17,505
  • Aug 29, 2023 10:03am Aug 29, 2023 10:03am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #17,506
  • Aug 29, 2023 12:15pm Aug 29, 2023 12:15pm
I believe the price broke yesterday high before falling off a cliff !

Is this still valid?
  • #17,507
  • Aug 31, 2023 7:38am Aug 31, 2023 7:38am
EU waiting

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  • #17,508
  • Aug 31, 2023 7:57am Aug 31, 2023 7:57am
M5 view - I fluffed the order on this one - no entry

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5Q.png Size: 7 KB
  • #17,509
  • Aug 31, 2023 8:09am Aug 31, 2023 8:09am
Quoting rich_tee
M5 view - I fluffed the order on this one - no entry {image}
By the rules would have been +1 - gone lower now
  • #17,510
  • Sep 1, 2023 3:09am Sep 1, 2023 3:09am
EU waiting

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Click to Enlarge Name: EURUSDH1Q.png Size: 9 KB
  • #17,511
  • Sep 1, 2023 8:04am Sep 1, 2023 8:04am
EU waiting higher

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Click to Enlarge Name: EURUSDH1R.png Size: 9 KB
  • #17,512
  • Sep 1, 2023 8:40am Sep 1, 2023 8:40am
EU M5 view

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5R.png Size: 9 KB
  • #17,513
  • Sep 1, 2023 8:44am Sep 1, 2023 8:44am
Quoting rich_tee
EU M5 view {image}
Out at + 1
  • #17,514
  • Sep 3, 2023 10:25am Sep 3, 2023 10:25am
Who is taking the 10 trade challenge the week of SEPTEMBER 2, 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
  • #17,515
  • Sep 4, 2023 3:03am Sep 4, 2023 3:03am
EU waiting

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Click to Enlarge Name: EURUSDH1S.png Size: 6 KB
  • #17,516
  • Sep 4, 2023 3:35am Sep 4, 2023 3:35am
M5 view

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Click to Enlarge Name: EURUSDM5S.png Size: 7 KB
  • #17,517
  • Sep 4, 2023 6:12am Sep 4, 2023 6:12am
Stopped - 12
  • #17,518
  • Sep 4, 2023 7:26am Sep 4, 2023 7:26am
Same - 12, But I got back in again at the new highest open cross. So far so, so good
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  • #17,519
  • Sep 4, 2023 7:37am Sep 4, 2023 7:37am
Quoting Silkysilv
Same - 12, But I got back in again at the new highest open cross. So far so, so good {image}
Not sure about that Silky - the H1 made a new intraday high so I would not trade that

What is your view?
  • #17,520
  • Sep 4, 2023 7:52am Sep 4, 2023 7:52am
Quoting MichaelG
Hi, me again..... I just want to touch on the BREAKOUTS. There are TWO types of breakouts. One is where YESTERDAYS HIGH or LOW price is taken out. As TooSlow says, trade reversals from breakouts with caution. {image} The second type is the breakouts we regularly see when trading this strategy. That is, where consecutive H1 candles, make new daily highs(TODAYS HIGH). As soon as price takes out the previous daily high, it is considered a breakout, and a reversal trade should be traded with caution. (The example below also demonstrates why we use rules)...
Silky - take a look at this
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