Highest Open / Lowest Open Trade

Quoting TooSlow

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{quote} What is there to understand? Price goes up and down. Competence? There is an indicator that shows the line of entry. Are you competent enough to click the mouse to enter the trade at that point? There are almost 500 pages of HOLO that you can learn from.

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Quoting Malkolm

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{quote} Sometimes I feel like something else is needed. When I see your indicators showing how many days the price has been 50-100-150 pips away from HOLO, I think more inputs are needed for a meaningful trade. Maybe I'm starting to overcomplicate things and really that base is enough. I'm still learning, Mate. I'll be posting my trades on Monday. Cheers!

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Quoting reinaldopb

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10 trade challange pair USDJPY trade 1 = +10 (use TP) *below yesterday low | 63% ATR traded 2 = +10 (use TP) *inside yesterday range | 101% ATR trade 3 = +10 (use TP) *inside yesterday range | 101% ATR trade 4 = +5 (use TP) *below yesterday low | 52% ATR trade 5 = +5 (use TP) *below yesterday low | 56% ATR{image}

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Quoting WallFlower

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2 trades taken today, 2 losses, not sure if I should be letting these run all the way to the stop or closing early and trying to re enter?, will continue testing and following the rules should have been only one loss, but didnt move the second to BE+1 after 5 pips {image}

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Quoting Malkolm

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Input 1: +5 ATR almost 50%, took short term 5 pips from H1 and left the table Post facto, the price reached the daily open and reversed {image} {image}

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Quoting Malkolm

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{quote} Input 2: +5 Entered at point (1) at the maximum M30 open, took +5 pips at point (2) and exited the table. Entry 3: -10 Entered at the maximum opening of H1, but took a loss of -10 pips at point (3). More and more I began to think whether it is worth re-entering trades with such a low ATR, not exceeding the daily range? {image} {image}

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Quoting Malkolm

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{quote} You and I entered the same trade, but you got out at a loss and I made a profit Manage your trade and don't let the winner become the loser Follow the rules outlined by TooSlow in the post #1

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