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Highest Open / Lowest Open Trade

  • #19,521
  • Jan 31, 2025 7:28am Jan 31, 2025 7:28am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,522
  • Jan 31, 2025 7:35am Jan 31, 2025 7:35am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,523
  • Jan 31, 2025 7:41am Jan 31, 2025 7:41am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,524
  • Jan 31, 2025 8:12am Jan 31, 2025 8:12am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,525
  • Jan 31, 2025 8:24am Jan 31, 2025 8:24am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,526
  • Jan 31, 2025 8:37am Jan 31, 2025 8:37am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,527
  • Jan 31, 2025 8:57am Jan 31, 2025 8:57am
That's enough for today...
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  • #19,528
  • Jan 31, 2025 8:58am Jan 31, 2025 8:58am
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I noticed some traders are putting me on ignore.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,529
  • Jan 31, 2025 9:02am Jan 31, 2025 9:02am
Quoting Pasha7777
That's enough for today... {image}
Nice one! Both of you
  • #19,530
  • Jan 31, 2025 9:06am Jan 31, 2025 9:06am
the first month with this method is over...I've only been working for 15 days... it looks something like this...I didn't keep much statistics, all days +, just over 100%...I like it..the worst day +0.7% the best day +14%
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  • #19,531
  • Jan 31, 2025 10:33am Jan 31, 2025 10:33am
Quoting TooSlow
{image} I noticed some traders are putting me on ignore. {image}
TooSlow, in example you shared above, there's two possible entries after the high, right? Would you have entered just the first one or both? Or depends on risk management?
And if a LONG goes against you and hits SL, do you still use the same higher open to enter a new trade? Or do you wait for another higher open?
  • #19,532
  • Jan 31, 2025 10:40am Jan 31, 2025 10:40am
Quoting cunha
{quote} TooSlow, in example you shared above, there's two possible entries after the high, right? Would you have entered just the first one or both? Or depends on risk management? And if a LONG goes against you and hits SL, do you still use the same higher open to enter a new trade? Or do you wait for another higher open?
Technically, there were 3 possible entries.

Usually, one entry suffices.

If stopped out, the next trade may be at the M15, M30 or H1 highest open.

Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,533
  • Jan 31, 2025 11:05am Jan 31, 2025 11:05am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,534
  • Jan 31, 2025 11:16am Jan 31, 2025 11:16am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,535
  • Jan 31, 2025 11:16am Jan 31, 2025 11:16am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,536
  • Jan 31, 2025 12:23pm Jan 31, 2025 12:23pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,537
  • Jan 31, 2025 12:36pm Jan 31, 2025 12:36pm
Quoting TooSlow
{image}
Hello, TooSlow.
When the range between the potential stop and entry is over 5-10-15 pips, do you take a trade or not?... and does the distance entry - stop matter for this trading strategy. If so - can you explain?
Thanks
The loss - I forbid!
  • #19,538
  • Jan 31, 2025 12:41pm Jan 31, 2025 12:41pm
Not exactly by the rules, but got a nice short on GBPJPY
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  • #19,539
  • Jan 31, 2025 12:45pm Jan 31, 2025 12:45pm
Quoting cunha
Not exactly by the rules, but got a nice short on GBPJPY{image}
Where's your entry, Mate?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,540
  • Jan 31, 2025 12:54pm Jan 31, 2025 12:54pm
Quoting TooSlow
{quote} Where's your entry, Mate?
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Any thoughts? Should've had entered earlier/later? Or not at all..
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