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Highest Open / Lowest Open Trade

  • #17,581
  • Sep 12, 2023 8:00am Sep 12, 2023 8:00am
nq making new lows on day... maybe reversal coming
  • #17,582
  • Sep 13, 2023 3:27am Sep 13, 2023 3:27am
Year later I am getting back to this method because i have some time in my schedule. It is not bad method afterall but you have to spend a lot of time at screen so it is not for everyone. I am more focused in longer time frames so we will see. 100 trades to check it out.

Yesterday DOW30 M1 trade, +23 points,
today EUR/USD M5 trade +5 pips

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  • #17,583
  • Sep 14, 2023 5:48am Sep 14, 2023 5:48am
Quoting LooseMyMoney
Year later I am getting back to this method because i have some time in my schedule. It is not bad method afterall but you have to spend a lot of time at screen so it is not for everyone. I am more focused in longer time frames so we will see. 100 trades to check it out. Yesterday DOW30 M1 trade, +23 points, today EUR/USD M5 trade +5 pips {image} {image}
Following the rules and using the tools provided will improve your chances of being successful.

Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #17,584
  • Sep 18, 2023 8:56am Sep 18, 2023 8:56am
Who is taking the 10 trade challenge the week of SEPTEMBER 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
  • #17,585
  • Sep 19, 2023 1:32am Sep 19, 2023 1:32am
gj 1 hour

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gj 5 mins
Went in twice - +5 and +5
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  • #17,586
  • Sep 19, 2023 3:50am Sep 19, 2023 3:50am
Quoting Silkysilv
gj 1 hour {image} gj 5 mins Went in twice - +5 and +5 {image} {image}
Well executed.

Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #17,587
  • Sep 20, 2023 1:07am Sep 20, 2023 1:07am
GJ 1HR
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GJ 5M +28 PIPS
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  • #17,588
  • Sep 20, 2023 1:58am Sep 20, 2023 1:58am
Quoting Silkysilv
GJ 1HR {image} GJ 5M +28 PIPS {image}
Did you take the reversal with caution Silky?
  • #17,589
  • Sep 20, 2023 2:42am Sep 20, 2023 2:42am
Quoting rich_tee
{quote} Did you take the reversal with caution Silky?
Hahahaha.

I took the trade because the reversal happened within yesterdays range. I would have left it if the reversal happened outside yesterdays range.
  • #17,590
  • Sep 20, 2023 10:11am Sep 20, 2023 10:11am
Quoting Silkysilv
{quote} Hahahaha. I took the trade because the reversal happened within yesterdays range. I would have left it if the reversal happened outside yesterdays range.

haha - nice one mate
  • #17,591
  • Sep 22, 2023 1:59am Sep 22, 2023 1:59am
patiently waiting
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  • #17,592
  • Sep 25, 2023 3:22am Sep 25, 2023 3:22am
EU 1H
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EU 5M +1, It then went on to rally. As per the rules I never went back in. It hurts...badly
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  • #17,593
  • Sep 25, 2023 7:51am Sep 25, 2023 7:51am
Who is taking the 10 trade challenge the week of SEPTEMBER 24, 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
  • #17,594
  • Sep 26, 2023 7:29am Sep 26, 2023 7:29am
Doing your method in 2h is my prefered way. I know it is slower, but the chart is clearer. And less trades for me.
Trading is gambling. So gamble responsibly.
  • #17,595
  • Sep 26, 2023 10:53pm Sep 26, 2023 10:53pm
1am euro ny time 3 pips

Ty. Used 2h bqrs instead of 1h

https://www.tradingview.com/x/6kVajR5y

Using daily bias of euro and 2h highest open lowest open.

Not bad 8 pips short. I'd be satisfied with be +5
Trading is gambling. So gamble responsibly.
  • #17,596
  • Sep 30, 2023 8:48am Sep 30, 2023 8:48am
Who is taking the 10 trade challenge the week of OCTOBER 1, 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
  • #17,597
  • Oct 2, 2023 1:48am Oct 2, 2023 1:48am
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A few pips a day keeps the debt collector away
100k All Time Profit: £32,782
  • #17,598
  • Oct 2, 2023 2:45am Oct 2, 2023 2:45am
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A few pips a day keeps the debt collector away
100k All Time Profit: £32,782
  • #17,599
  • Edited 10:27am Oct 2, 2023 9:27am | Edited 10:27am
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Hello everyone and thank you TooSlow for this wonderful thread, I think there is a lot in here and today I decided to start demo trading with this strategy.
I am currently monitoring GBPUSD which is making new lows for the day and I would like to ask:

loading my graph as setting is correct for template and indicators?

As per post 1 I am waiting for a bar that does not make a new daily low and returns to the opening of the previous bar, is this correct?


thanks again TooSLow and to everyone who wants to help me.

Flavio
  • #17,600
  • Oct 2, 2023 2:10pm Oct 2, 2023 2:10pm
"As per post 1 I am waiting for a bar that does not make a new daily low and returns to the opening of the previous bar, is this correct?"

No, that is not correct. Reread the rules.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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