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Highest Open / Lowest Open Trade

  • #18,261
  • Nov 27, 2024 10:14pm Nov 27, 2024 10:14pm
Quoting Igumapips
These are my setups based on this strategy I Placed trade position in EURJPY and It is on BE+1 at the moment. {image} {image} {image}
Appears you are trading breakouts. HOLO trades reversals
  • #18,262
  • Nov 28, 2024 12:39am Nov 28, 2024 12:39am
Quoting TooSlow
{quote} What is the white line indicating?
It is the Lowest low of the current day candle
  • #18,263
  • Nov 28, 2024 12:50am Nov 28, 2024 12:50am
Quoting Igumapips
These are my setups based on this strategy I Placed trade position in EURJPY and It is on BE+1 at the moment. {image} {image} {image}
I placed three trades positions that is 0.54 X 3, it hit BE+1
I placed another three trades positions that is 0.54 X 3, it also hit BE+1
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  • #18,264
  • Nov 28, 2024 1:02am Nov 28, 2024 1:02am
Quoting DwnUndrTrdr
{quote} Appears you are trading breakouts. HOLO trades reversals
Hello DwnUndrTrdr, thanks for your reply.
I was thinking that breakout is when current price open above Yesterday's Highest High and price open below yesterday's Lowest Low.
Please, if I am wrong correct me.
Thanks mate
  • #18,265
  • Nov 28, 2024 1:42am Nov 28, 2024 1:42am
Quoting Igumapips
{quote} Hello DwnUndrTrdr, thanks for your reply. I was thinking that breakout is when current price open above Yesterday's Highest High and price open below yesterday's Lowest Low. Please, if I am wrong correct me. Thanks mate
Hey mate,
Breakouts as you describe are correct for this system. You switch to 1-2-3 if you want to follow TooSlow’s threads.
In trading terms price travel out of whatever time frame range you are observing is a breakout.
The HOLO EJ trade for todays session was a sell.
Todays buy range is 159.44-159.49
  • #18,266
  • Nov 28, 2024 1:51am Nov 28, 2024 1:51am
My trades yesterday being 27/11/2024

I placed the first three trade positions that 0.51X3, it hit BE+1
I noticed that the setup has not changed so I placed the second Three trades, it hit my profit target.
TP1 = 40 Pips, TP2 = 70 Pips and TP3 = 100 Pips.
I designed an excel that helps me to get my Take Profits pips (TP1, TP2, and TP3) and Stop Loss Pips when I impute entry point and stop loss.

Ok, thanks
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  • #18,267
  • Nov 28, 2024 1:54am Nov 28, 2024 1:54am
Quoting DwnUndrTrdr
{quote} Hey mate, Breakouts as you describe are correct for this system. You switch to 1-2-3 if you want to follow TooSlow’s threads. In trading terms price travel out of whatever time frame range you are observing is a breakout. The HOLO EJ trade for todays session was a sell. Todays buy range is 159.44-159.49
Dear DwnUndrTrdr,

Please, if you can with the chart, it will be of great help
Thanks you.
  • #18,268
  • Nov 28, 2024 2:06am Nov 28, 2024 2:06am
Quoting TooSlow
{quote} What is the white line indicating?
Igumapips, TooSlow gave you an answer/question.. and you answered it.
  • #18,269
  • Nov 28, 2024 2:07am Nov 28, 2024 2:07am
Quoting Igumapips
{quote} Dear DwnUndrTrdr, Please, if you can with the chart, it will be of great help Thanks you.
Will later when in front of the computer
  • #18,270
  • Nov 28, 2024 2:19am Nov 28, 2024 2:19am
Quoting DwnUndrTrdr
{quote} Hey mate, Breakouts as you describe are correct for this system. You switch to 1-2-3 if you want to follow TooSlow’s threads. In trading terms price travel out of whatever time frame range you are observing is a breakout. The HOLO EJ trade for todays session was a sell. Todays buy range is 159.44-159.49
Dear DwnUndrTrdr, the chart shows the reason I bought. It hit my BE+1
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  • #18,271
  • Nov 28, 2024 2:58am Nov 28, 2024 2:58am
MY TRADE ANALYSIS FOR EURUSD TODAY BEING 28/11/2024 AS THE NEW DAY OPEN.
When I come across any trading strategy, I try to figure it out the way I can use it but I will not deviate from what the
person said concerning it. We see the same thing from different angles.
I stand to be corrected because I ma still learning it.
I just three weeks old in this thread. I am open to learn.
Thank you all for assisting me here.
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  • #18,272
  • Nov 28, 2024 3:21am Nov 28, 2024 3:21am
MY GBPCAD ANALYSIS FOR TODAY BEING 28/11/2014

No trade, because Candle (3) did not pullback to Candle (2).
This is my view
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  • #18,273
  • Nov 28, 2024 3:42am Nov 28, 2024 3:42am
My trade analysis for usdjpy
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  • #18,274
  • Nov 28, 2024 3:58am Nov 28, 2024 3:58am
Quoting Igumapips
{quote} Dear DwnUndrTrdr, Please, if you can with the chart, it will be of great help Thanks you.
Attached Image (click to enlarge)
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  • #18,275
  • Nov 28, 2024 4:03am Nov 28, 2024 4:03am
My trade analysis for GBPUSD for today being 28/11/2014
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  • #18,276
  • Nov 28, 2024 4:13am Nov 28, 2024 4:13am
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  • #18,277
  • Nov 28, 2024 4:16am Nov 28, 2024 4:16am
Fellow traders, let us share our ideas concerning TooSlow concept not anything different from his teaching.
Since I started trading the forex market, this is one thread I have seen that it is very useful and impactful if serious attention is paid to all that have being said.

Thank you TooSlow.
  • #18,278
  • Nov 28, 2024 4:22am Nov 28, 2024 4:22am
Quoting Igumapips
Fellow traders, let us share our ideas concerning TooSlow concept not anything different from his teaching. Since I started trading the forex market, this is one thread I have seen that it is very useful and impactful if serious attention is paid to all that have being said. Thank you TooSlow.
So what do you want...?
  • #18,279
  • Nov 28, 2024 4:50am Nov 28, 2024 4:50am
Quoting Igumapips
Fellow traders, let us share our ideas concerning TooSlow concept not anything different from his teaching. Since I started trading the forex market, this is one thread I have seen that it is very useful and impactful if serious attention is paid to all that have being said. Thank you TooSlow.
so when are you starting to apply it? instead of confusing others with your occasional missunderstanding of tooslows concept?
Muni loves you all!
  • #18,280
  • Edited 5:13am Nov 28, 2024 5:03am | Edited 5:13am
Quoting MuniFX
{quote} so when are you starting to apply it? instead of confusing others with your occasional missunderstanding of tooslows concept?
MuniFX, I am sorry if I am confusing it. I taught it will help.
All I did was to use the current Open as trigger.
MuniFx, my friend check it again.
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