Highest Open / Lowest Open Trade

Quoting TooSlow

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{image} Did you notice... ... price crossed below the previous day's low D1[1] low? ... ATR% exceeded 100? ... price left the area of interest more than once? ... price crossed the lowest H4 open more than once? If you didn't notice these, tell us what you noticed.

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Quoting Pasha7777

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Mr.Tooslow, I think I'm getting it... {image}

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Quoting DwnUndrTrdr

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{quote} Above, and also price structure was expanding and retracing to fib levels. Pertinent to me. Indicates building before decent move. A large percentage of setups are H n S and one leg patterns. Trade the AOI and bank your pips

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Quoting Snirodha

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{quote} Are you following +5 trailing SL or different money management for exit ?

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Quoting TooSlow

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{image} Did you notice... ... price crossed below the previous day's low D1[1] low? ... ATR% exceeded 100? ... price left the area of interest more than once? ... price crossed the lowest H4 open more than once? If you didn't notice these, tell us what you noticed. 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 Pasha7777

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+5 +10 +7 {image}

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Quoting TooSlow

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{quote} Looks like you let the price move against you 20 pips!!

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Quoting TooSlow

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{quote} Is it because you are trading 0.01 that you refused to exit for a 1 or 2 pip profit 4 times? When the market gives you the opportunity to take a pip or 2 and then takes it back and then gives you a second chance, it behooves the trader to exit with a profit.

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Quoting Malkolm

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{quote} That's a very good point, Mate! What would help to determine that the price gives you the opportunity to take 1-2 pips? Is it worth switching to M1 for this?

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