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Highest Open / Lowest Open Trade

  • #20,021
  • Mar 19, 2025 10:46am Mar 19, 2025 10:46am
GU opened sales...accidentally ...Overall, it's a great day.
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  • #20,022
  • Mar 20, 2025 2:00am Mar 20, 2025 2:00am
Quoting TooSlow
{quote} Did you not read this? https://www.forexfactory.com/thread/...0#post15182890
Trade 5 bought UJ at 148.304, the low for the day is 148.174 seemed very far so put my stop loss at low of 5 min candle at 148.246 now shifted the sl to BE+1. any suggestions on stop loss on whether its the right method or not?
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  • #20,023
  • Mar 20, 2025 11:24am Mar 20, 2025 11:24am
please tell me. At some point they started writing about ATR here, but there is nothing about this value in the rules. How do you use it and what period do you apply? Thanks!
  • #20,024
  • Mar 21, 2025 7:06am Mar 21, 2025 7:06am
Quoting taozen187
please tell me. At some point they started writing about ATR here, but there is nothing about this value in the rules. How do you use it and what period do you apply? Thanks!

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See upper left hand corner...

Search this thread for ATR.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,025
  • Mar 21, 2025 7:45am Mar 21, 2025 7:45am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,026
  • Mar 21, 2025 8:20am Mar 21, 2025 8:20am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,027
  • Mar 23, 2025 1:54pm Mar 23, 2025 1:54pm
Who is taking the 10 trade challenge the week of March 23, 2025?

During the challenge, you are only to trade the same pair.

Beginners do not get to trade multiple pairs until they have mastered trading one single pair.

GREEN PIPS TO ALL.
Cheers!

PLEASE READ ALL OF POST #1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,028
  • Mar 23, 2025 3:43pm Mar 23, 2025 3:43pm
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The DTOSC has been talked about recently.

Can anyone see any advantage over HOLO? My mind is open to learning.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,029
  • Edited 6:03pm Mar 23, 2025 5:52pm | Edited 6:03pm
Quoting TooSlow
{image} The DTOSC has been talked about recently. Can anyone see any advantage over HOLO? My mind is open to learning.
Actually, the idea is good, but this is the worst indicator in the world. Why? No one can predict the turning point and how extreme the levels are. So simple SR Levels based on ADR, or Low High Levels like HOLO might be better way.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #20,030
  • Mar 23, 2025 7:16pm Mar 23, 2025 7:16pm
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Looks like HOLO wins to me.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,031
  • Mar 24, 2025 7:11am Mar 24, 2025 7:11am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,032
  • Mar 24, 2025 7:23am Mar 24, 2025 7:23am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,033
  • Mar 24, 2025 7:31am Mar 24, 2025 7:31am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,034
  • Mar 24, 2025 7:48am Mar 24, 2025 7:48am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,035
  • Mar 24, 2025 8:01am Mar 24, 2025 8:01am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,036
  • Mar 24, 2025 8:04am Mar 24, 2025 8:04am
USDJPY Trade #1 +5
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  • #20,037
  • Mar 24, 2025 8:41am Mar 24, 2025 8:41am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,038
  • Mar 24, 2025 9:06am Mar 24, 2025 9:06am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,039
  • Mar 24, 2025 9:11am Mar 24, 2025 9:11am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,040
  • Mar 24, 2025 9:28am Mar 24, 2025 9:28am
I've come to the party really late and slowly trying to absorb all the information from over 1000 posts.
I've read post 1 several times and I either couldn't see it or understood it (probable the later), do you mind answering this query referring to the attached chart.
Candle 1 has closed and and created a new open high for the day, this is the part that screws me. Candle 2 open between the high of the day and the open of candle 1. Is the entry on candle 1 open high or the new current open high of candle 2? I'm asking because while candle 2 is forming it has created a new open high and it has retraced a little into the zone of interest and then shot through the open high in this case candle 2 which is still being formed.

I know I have heaps to catchup on but as I'm going through the posts I want to understand the concept.

Thanks for your time.
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