Highest Open / Lowest Open Trade

Quoting Igumapips

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{quote} Please. TooSlow I want you to help me out with this "As I switched from H1 to M15, candle did not open inside the Area Of Interest (AOI) but as I switched to M5, saw that candle Opened inside (AOI), Is the rule met? Can one still buy from the open of the next candle? The same thing happened in EURUSD at the same time with GBPUSD. I have seen so many setup of this type but I did not take it because I am always waiting for M15 to open inside AOI Thanks {image} {image} {image}

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Quoting TooSlow

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{quote} See Rule #3. {image}

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Quoting Igumapips

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{quote} Thanks {image}

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Quoting Igumapips

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Dear TooSlow and Esteemed Traders, Thank you all for always answering my questions in this thread. Please, I want you to help me with this question because I have been avoiding it. My question is now that candle opened Between H1 open and extreme and also cut the H1 open line as it did not open inside, is it still valid to place a sell trade at H1 open price? {image}

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Quoting Malkolm

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{quote} Thanks for the clarification! Been watching your thread on the forum for a long time, took part in the 10 week trading challenge in May, traded in the plus side. Thanks excessively for sharing the strategy. I continue to study it, rereading the thread to put the puzzle together. I will be very happy to have your help Do I understand correctly that we cut losses (quickly exit the trade on M5-M1) ONLY if there is a deviation from the rules 0-8, and otherwise move the...

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Quoting Malkolm

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{quote} TooSlow, I apologize if the question seemed silly, but your answers will help me put the puzzles together. Can you please tell me if I'm doing concept complication with this?

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Quoting TooSlow

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{quote} The candle opened above the Highest H1 open. The last chance entry is at the H1 open.

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Quoting TooSlow

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{image} Notice the price action around the daily open. Three times price crossed below the daily open but closed above the daily open on the M5 chart. What was the price action indicating? Did you notice the inside bar? What happened next? When price is near the daily open, price moves away from the daily open. What can you learn from this? 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...

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Quoting Igumapips

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{quote} Please, TooSlow, I did not understand you. I want to full grasp this strategy that is why I ask questions. Is it valid? I have another example of such that is GBPUSD today. Since I started trading forex, this is the first time I have seen one who is not greedy, money conscious and fake. None have ever answered my questions in Forex. I have paid to so many strategy that never work. TooSlow, You are so kind. {image}

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Quoting Igumapips

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{quote} Please, TooSlow, I did not understand you. I want to full grasp this strategy that is why I ask questions. Is it valid? I have another example of such that is GBPUSD today. Since I started trading forex, this is the first time I have seen one who is not greedy, money conscious and fake. None have ever answered my questions in Forex. I have paid to so many strategy that never work. TooSlow, You are so kind. {image}

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Quoting Malkolm

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{quote} My thoughts: 1) If the price crossed the daily open BUT closed above the daily open, then the forces are on the bullish side [Described by Lance Beggs in his books] 2) An inside bar indicates the bulls are slowing down, uncertainty of strength. Breaking the inside bar gave the bulls momentum Am I thinking in the right direction?

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