Highest Open / Lowest Open Trade

Quoting Igumapips

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{image} {image}

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Quoting lorecavoli

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TooSlow, how do you deal with an open trade which didn't hit SL nor is in profit when a new 1H open makes a new high/low therefore it creates a new (and better) open level? Please check the DEMO chart attached. THX {image}

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Quoting hany0403

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1st trade demo waiting for long trigger on USD/JPY @ lowest H1 Open. {image}

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Quoting hany0403

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UPDATE on my 1st trade USD/JPY {image}

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Quoting TooSlow

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{image} The previous day low line D1[1] does not move. Price moves. Price Action #advancedalientrading 1) Price will either breakout of the high, low or both of the previous bar 2) Price will not breakout of the previous bar. 3) Price will either close above a level (line) or not. How can you use that? 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.

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Quoting Malkolm

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{quote} If the price approached the LOW of the previous day D1[1], then today it is going down. If the price broke through the up zone D1[1], it is likely to fall along the trend to D1[1], and then there will be a struggle of bulls and bears at this zone, so this is a logical place to take profits. In summary, there was indeed a struggle on the chart, and then the price fell along the trend. How accurate is my reasoning? {image}

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Quoting TooSlow

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How does one master a discipline or skill? Use only one or two words to answer.

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Quoting TooSlow

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How does one master a discipline or skill? Use only one or two words to answer.

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Quoting TooSlow

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{quote} Did you read my post about grabbing pips until your daily goal is reached?

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