Highest Open / Lowest Open Trade | Page 947 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

As complicated as necessary: Highest Open / Lowest Open Trade 861 replies

Highest & Lowest Open/Close Price for a Loop 3 replies

I need to highest and lowest SMA 14 replies

how to get yesterday price highest and lowest 7 replies

highest to lowest volume pairs??? 3 replies

Attachments: Highest Open / Lowest Open Trade
Exit Attachments

Highest Open / Lowest Open Trade

  • #18,921
  • Jan 10, 2025 9:37am Jan 10, 2025 9:37am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 28 KB


Substituting M30 for H1...

Attached Image (click to enlarge)
Click to Enlarge Name: BRUCE LEE OBEY.jpg Size: 10 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,922
  • Jan 10, 2025 9:48am Jan 10, 2025 9:48am
Quoting TooSlow
{image} Substituting M30 for H1... {image}
do you do that often
  • #18,923
  • Jan 10, 2025 9:53am Jan 10, 2025 9:53am
Quoting Jannah02
{quote} do you do that often
Only when the opportunity presents itself, Mate.

Cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: Bruce Lee Water.jpg Size: 11 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Bruce-Lee-Quote-Technique.jpg Size: 13 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,924
  • Jan 10, 2025 9:55am Jan 10, 2025 9:55am
To wait...

Quoting TooSlow
{image} What rule is the hardest for you to follow? 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.
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2025-01-10 alle 16.55.19.jpg Size: 479 KB
  • #18,925
  • Jan 10, 2025 10:09am Jan 10, 2025 10:09am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 27 KB


When you take a trade, you put your money at risk. From that point on, all that matters is whether or not you lose more than you plan to lose.

When the opportunity to exit with a profit arises, it is up to you to take the profit or keep your money at risk.

Attached Image (click to enlarge)
Click to Enlarge Name: Develop Your Trading Plan.jpg Size: 48 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,926
  • Jan 10, 2025 10:13am Jan 10, 2025 10:13am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 27 KB

Attached Image (click to enlarge)
Click to Enlarge Name: I-can-only-show-you-the-door-youre-the-one-that-has-to-walk-through-it.-Morpheus.jpg Size: 38 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,927
  • Jan 10, 2025 10:57am Jan 10, 2025 10:57am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 29 KB

Attached Image (click to enlarge)
Click to Enlarge Name: FreeYourMind_Neo.png Size: 3 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,928
  • Jan 10, 2025 11:02am Jan 10, 2025 11:02am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 29 KB

Attached Image (click to enlarge)
Click to Enlarge Name: NoSuchThingAsLuck.png Size: 3 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,929
  • Jan 10, 2025 11:14am Jan 10, 2025 11:14am
Quoting lorecavoli
To wait... {quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Yoda - Patience.jpg Size: 9 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,930
  • Jan 10, 2025 11:28am Jan 10, 2025 11:28am
Quoting lorecavoli
To wait... {quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Anthony-Doerr-Quote-Waiting-is-a-kind-of-war-You-simply-tell.jpg Size: 577 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,931
  • Jan 10, 2025 12:05pm Jan 10, 2025 12:05pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 28 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Yoda-Options.png Size: 36 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,932
  • Jan 10, 2025 12:17pm Jan 10, 2025 12:17pm
Quoting TooSlow
{quote} Only when the opportunity presents itself, Mate. Cheers!{image} {image}
What conditions must be met to validate an entry in M30 high open, instead of H1?

Sometimes M30 and H1 are overlapping almost at the same level, but I see in your chart that M30 is before H1 and there is a difference.

Is that the condition?
  • #18,933
  • Jan 10, 2025 12:44pm Jan 10, 2025 12:44pm
Quoting TooSlow
{image} {image}
Hi,
Just revisited your method. Have you ever tried it on higher e. g. Daily /weekly tf
Thanks I will be trying the 10 day exercise.
  • #18,934
  • Jan 10, 2025 12:58pm Jan 10, 2025 12:58pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 30 KB




“Now, 2 patterns of market behavior happen on a regular basis:
1) the price breaks to new high's (or low's)
2) the price reverses from new high's (or low's)
They happen regardless of time frame.
They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist.” - H. Rearden

Attached Image (click to enlarge)
Click to Enlarge Name: WhyYouFail.jpg Size: 54 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,935
  • Jan 10, 2025 1:00pm Jan 10, 2025 1:00pm
Quoting yikes
{quote} What conditions must be met to validate an entry in M30 high open, instead of H1? Sometimes M30 and H1 are overlapping almost at the same level, but I see in your chart that M30 is before H1 and there is a difference. Is that the condition?
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 30 KB



What condition do you think must be met?

HINT: Your question contains the answer.


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
  • #18,936
  • Jan 10, 2025 1:03pm Jan 10, 2025 1:03pm
Quoting Spikehunter
{quote} Hi, Just revisited your method. Have you ever tried it on higher e. g. Daily /weekly tf Thanks I will be trying the 10 day exercise.
What is the reason you ask about higher timeframes? Is it because of something you heard or read somewhere else?

Attached Image


Are you waiting until next week to DO the challenge?

Attached Image (click to enlarge)
Click to Enlarge Name: Yoda - Do.jpg Size: 8 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,937
  • Jan 10, 2025 1:54pm Jan 10, 2025 1:54pm
Quoting TooSlow
{image} Substituting M30 for H1... {image}
Am I correct in assuming that you've disregarded rule #1?
Bar M5 (1) closed with the current daily minimum. So there is no entry on the next bar (2)?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 186 KB
  • #18,938
  • Jan 10, 2025 2:05pm Jan 10, 2025 2:05pm
Quoting Malkolm
{quote} Am I correct in assuming that you've disregarded rule #1? Bar M5 (1) closed with the current daily minimum. So there is no entry on the next bar (2)? {image}
What do lower lows indicate?

What do higher lows indicate?

What do lower highs indicate?

What do higher highs indicate?

What events can happen next when the price is in the area of interest?

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.

Attached Image (click to enlarge)
Click to Enlarge Name: Your-eyes-can-deceive-you-don’t-trust-them..jpg Size: 31 KB

Attached Image (click to enlarge)
Click to Enlarge Name: BRUCE LEE OBEY.jpg Size: 10 KB

Attached Image (click to enlarge)
Click to Enlarge Name: BRUCE LEE ABSORB.jpg Size: 8 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,939
  • Jan 10, 2025 2:11pm Jan 10, 2025 2:11pm
Quoting Malkolm
{quote} Am I correct in assuming that you've disregarded rule #1? Bar M5 (1) closed with the current daily minimum. So there is no entry on the next bar (2)? {image}
So there is no entry on the bar (1)!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18,940
  • Jan 10, 2025 2:12pm Jan 10, 2025 2:12pm
https://m.youtube.com/watch?v=1ZxGtv...IgbXkgZnJpZW5k
15 traders viewing now, 1 is registered: