Higher low, lower high system | Page 126 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

What are Higher High, Higher Low, Lower High and Lower Low? 11 replies

How to program Higher-High Higher-Low 19 replies

Higher High/Higher Low indicator conversion from 4 to 5 decimals. Help anyone? 2 replies

Can u point me to code 2 show each bar with a higher high & higher low? 2 replies

High to High and Low to low time cycles 1 reply

Attachments: Higher low, lower high system
Exit Attachments

Higher low, lower high system

  • #2,501
  • Aug 18, 2010 1:52am Aug 18, 2010 1:52am
Quoting Auron112
If it does keep going down the 5470 area should be a demand level, plus its the 61.8 of the last 4hr/daily swing. Of course, on MPC day I'm preparared for anything to happen so we shall see.
Yep the mpc minutes can cause one of the biggest reactions IMHO.
  • #2,502
  • Aug 18, 2010 2:04am Aug 18, 2010 2:04am
H/L GBP 15R chart.

Reversal is likely, but not certain
  • #2,503
  • Aug 18, 2010 2:08am Aug 18, 2010 2:08am
Quoting Musashi
H/L GBP 15R chart.

Reversal is likely, but not certain
Wish my vsa skills were better but 15 min vol shows high vol push down with a nice hammer. Then another high vol push down that failed to go lower. I'd agree suggests up.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 16 KB
  • #2,504
  • Aug 18, 2010 2:10am Aug 18, 2010 2:10am
GU 15R and 7R charts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 106 KB
Click to Enlarge Name: 5.jpg Size: 119 KB
  • #2,505
  • Aug 18, 2010 2:10am Aug 18, 2010 2:10am
Quoting Vantage
Wish my vsa skills were better but 15 min vol shows high vol push down with a nice hammer. Then another high vol push down that failed to go lower. I'd agree suggests up.
But then with mpc minutes who the heck knows.
  • #2,506
  • Aug 18, 2010 2:14am Aug 18, 2010 2:14am
Ok enough of the charts already, I suspect this GU trade is not going to work out for me now.
Attached Image (click to enlarge)
Click to Enlarge Name: 7.jpg Size: 118 KB
  • #2,507
  • Aug 18, 2010 2:20am Aug 18, 2010 2:20am
Quoting Musashi
Ok enough of the charts already, I suspect this GU trade is not going to work out for me now.
Just had another 15 min high vol shooting star which if its low were to break suggests down. I haven't traded at all yet and its unlikely I will before the news.

Time for a nice cuppa.
  • #2,508
  • Aug 18, 2010 2:23am Aug 18, 2010 2:23am
Support Levels rising still... hold on a bit longer.

Moved Stop Up.

This is what happens in congestion zones.
Attached Image (click to enlarge)
Click to Enlarge Name: 10.jpg Size: 121 KB
  • #2,509
  • Aug 18, 2010 2:25am Aug 18, 2010 2:25am
Im leaning towards a red market today for pound and euro. The effort to rise yesterday did not have much effect. And i agree vantage, news will shows the markets true colors. For now though, i am looking at betting on bears. Go red!
  • #2,510
  • Aug 18, 2010 2:28am Aug 18, 2010 2:28am
Ok this ascending triangle is breaking to the upside.

Still alot of resistance ahead.
Attached Image (click to enlarge)
Click to Enlarge Name: 11.jpg Size: 131 KB
  • #2,511
  • Aug 18, 2010 2:29am Aug 18, 2010 2:29am
Time to exit here.

Resistance likely to hold.

+3.6% Equity Increase Today.
  • #2,512
  • Aug 18, 2010 2:29am Aug 18, 2010 2:29am
Quoting A-game
Im leaning towards a red market today for pound and euro. The effort to rise yesterday did not have much effect. And i agree vantage, news will shows the markets true colors. For now though, i am looking at betting on bears. Go red!
I just don't know and under such circumstances I'll stand aside. I take my hat off to M and I see Malcb has also bought somewhere down here.

At least for now my initial 15 min vsa analysis appears to have been correct that the push down was a selling climax, that makes me feel a little better.

BUT all it takes is for 1 mpc member either way to change his vote and that changes everything. I'm happy to wait a little even if it means no trades today.
  • #2,513
  • Aug 18, 2010 2:31am Aug 18, 2010 2:31am
Quoting A-game
Im leaning towards a red market today for pound and euro. The effort to rise yesterday did not have much effect. And i agree vantage, news will shows the markets true colors. For now though, i am looking at betting on bears. Go red!
Don't bet like the gambler - be the casino. Wait for the market players to show their hands through the price action then sweep the losing side's money off the table.
  • #2,514
  • Aug 18, 2010 2:42am Aug 18, 2010 2:42am
I don't know how I do it either sometimes.

Clearly resistance there...
Attached Image (click to enlarge)
Click to Enlarge Name: 12.jpg Size: 116 KB
  • #2,515
  • Aug 18, 2010 3:19am Aug 18, 2010 3:19am
That has to be me done today

4 Trades, 4 Winners +7.6% increase to equity.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15.jpg Size: 120 KB
Click to Enlarge Name: 16.jpg Size: 114 KB
  • #2,516
  • Aug 18, 2010 3:20am Aug 18, 2010 3:20am
Hi Vantage et al,

I just wanted to say the Vantage H1 reversal and m5 HL and LH is still working a treat on all pairs that I watch.

I overslept a bit this am but saw this lovely setup on CAD/JPY. That H1 20 ema is so powerful.

I love the way you can flick through a handful of H1 charts very quickly and find these reversal setups.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cadjpyv.gif Size: 33 KB
Click to Enlarge Name: cadjpyv5.gif Size: 38 KB
  • #2,517
  • Aug 18, 2010 3:26am Aug 18, 2010 3:26am
My first actual range bar entry. Three attempts at resistance failed, but each one less of a bounce than before. Third set up perfectly on the trendline so went long at 109.71. Target was 110.00 but willing to exit if we had difficulty at marked resistance. Took +20 when that level showed it was holding. I'm happy to take whatever I can get on a MPC day.
Attached Image (click to enlarge)
Click to Enlarge Name: eu-m7.gif Size: 14 KB
  • #2,518
  • Aug 18, 2010 3:29am Aug 18, 2010 3:29am
After waiting forever it seems, I went long on E/J because of a break in resistance after a HL and out for +5 near the RN. It was always going to be a quick scalp.That gives me +2.6% equity today, after a 1% yesterday. Using 2% risk.
Attached Image
  • #2,519
  • Aug 18, 2010 3:29am Aug 18, 2010 3:29am
Quoting Auron112
My first actual range bar entry. Three attempts at resistance failed, but each one less of a bounce than before. Third set up perfectly on the trendline so went long at 109.71. Target was 110.00 but willing to exit if we had difficulty at marked resistance. Took +20 when that level showed it was holding. I'm happy to take whatever I can get on a MPC day.
Very similar to the set up I used.

  • #2,520
  • Aug 18, 2010 3:38am Aug 18, 2010 3:38am
Nice trade Auron - sure beats my very ordinary + 5. I thought E/J was very difficult to trade today.
13 traders viewing now