Higher low, lower high system | Page 163 | 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

  • #3,241
  • Oct 19, 2010 12:56am Oct 19, 2010 12:56am
Short trade as described in the chart for +20
Closed when I saw 2 hammers @ 3900
Do you see a problem entering so early @ 03:45 gmt ?
Tks
David
Attached Image (click to enlarge)
Click to Enlarge Name: eu sh +20.jpg Size: 109 KB
  • #3,242
  • Oct 19, 2010 1:16am Oct 19, 2010 1:16am
Quoting david4u
Short trade as described in the chart for +20
Closed when I saw 2 hammers @ 3900
Do you see a problem entering so early @ 03:45 gmt ?
Tks
David
No, Asian session has some nice moves. Nice one.
  • #3,243
  • Edited 2:13am Oct 19, 2010 2:03am | Edited 2:13am
Clear resistance in this region for the pound..

Short..

Taken out for 2 x risk
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 109 KB
Click to Enlarge Name: 2.jpg Size: 108 KB
  • #3,244
  • Oct 19, 2010 2:32am Oct 19, 2010 2:32am
Vantage, did you make the expert on base of your trade system? If yes then what were results? Maybe only handing trade is right?
  • #3,245
  • Oct 19, 2010 4:44am Oct 19, 2010 4:44am
Quoting Musashi
Clear resistance in this region for the pound..

Short..

Taken out for 2 x risk
Nice M.

Mtfix no ea here, sorry.
  • #3,246
  • Oct 19, 2010 6:50am Oct 19, 2010 6:50am
Jag - I remember you saying that you were now using the M30 in your box of tricks. Is it going well? I think that it would have been very useful today on EU, so keen to find out if it is working for you?
  • #3,247
  • Oct 20, 2010 12:20am Oct 20, 2010 12:20am
Quoting Delite
Jag - I remember you saying that you were now using the M30 in your box of tricks. Is it going well? I think that it would have been very useful today on EU, so keen to find out if it is working for you?
Fantastic thanks Delite.

Vantages HL / LH works on every timeframe. USD/CAD was a beautiful H4 HL yesterday.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad1910.gif Size: 26 KB
  • #3,248
  • Oct 20, 2010 12:48am Oct 20, 2010 12:48am
A good exit is what matters most as far as I'm concerned..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 104 KB
Click to Enlarge Name: 2.jpg Size: 103 KB
Click to Enlarge Name: 3.jpg Size: 94 KB
  • #3,249
  • Oct 20, 2010 1:00am Oct 20, 2010 1:00am
Sorry wrong title, it was a HL entry, it works like clockwork every day.
Attached Image (click to enlarge)
Click to Enlarge Name: cad2010m5.gif Size: 25 KB
  • #3,250
  • Oct 20, 2010 1:07am Oct 20, 2010 1:07am
Quoting jag1966
Sorry wrong title, it was a HL entry, it works like clockwork every day.
Most difficult thing for me to come to grips with is leaving profits on the table when price does indeed take off...

However saying that ... less trades is better... took me a while to figure that out, but I got there....

  • #3,251
  • Oct 20, 2010 1:16am Oct 20, 2010 1:16am
Quoting Musashi
Most difficult thing for me to come to grips with is leaving profits on the table when price does indeed take off...

However saying that ... less trades is better... took me a while to figure that out, but I got there....

Yes I have the same problem, that's why I like these reversal setups so much.

Finding Daves thread has been brilliant for my trading.

I get my pips first thing then stop live trading. I then spend the rest of the day relaxing, studying charts and waiting for, "perfect" opps if they come along.
  • #3,252
  • Oct 20, 2010 1:51am Oct 20, 2010 1:51am
Quoting Delite
Jag - I remember you saying that you were now using the M30 in your box of tricks. Is it going well? I think that it would have been very useful today on EU, so keen to find out if it is working for you?

Hi Delite
It will be what time frames work best for you. Just want to emphasise key levels (SR areas, pivots, RN's etc etc), good candles setting up and entry from 5 min.

Today prob a good example. We might go up from here 5730 on gu but 1hr has had a shooting star, then a lower close, 15 min a hammer but couldn't follow through last close a doji. Will candles fail you of course they will sometimes.

I'm not too keen on buying gu here, play the odds, 1hr not yet turned around.

That position may change of course. I just don't like trading against the trend from last few days, taking a hl 40 pips into a move when 1hr hasn't turned.
  • #3,253
  • Oct 20, 2010 2:03am Oct 20, 2010 2:03am
MPC due in about 90 mins.........
  • #3,254
  • Oct 20, 2010 2:06am Oct 20, 2010 2:06am
Quoting orientos
MPC due in about 90 mins.........
Yep along with NFP one of the yuck trading mornings for me. At least when the actual int rates are announced its in the pm and a London session trade early is OK.
  • #3,255
  • Oct 20, 2010 8:50am Oct 20, 2010 8:50am
Quoting Vantage
Hi Delite
It will be what time frames work best for you. Just want to emphasise key levels (SR areas, pivots, RN's etc etc), good candles setting up and entry from 5 min.

Today prob a good example. We might go up from here 5730 on gu but 1hr has had a shooting star, then a lower close, 15 min a hammer but couldn't follow through last close a doji. Will candles fail you of course they will sometimes.

I'm not too keen on buying gu here, play the odds, 1hr not yet turned around.

That position may change of course. I...
Hi V,
was that what u referring to on the charts below.
Please correct me if I'm wrong, cheers ^o^
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15m1.gif Size: 25 KB
Click to Enlarge Name: hr1.gif Size: 21 KB
  • #3,256
  • Oct 20, 2010 9:51am Oct 20, 2010 9:51am
Quoting jag1966
Fantastic thanks Delite.

Vantages HL / LH works on every timeframe. USD/CAD was a beautiful H4 HL yesterday.
H4 2b with div, similar to yesterdays CAD h4 HL reversal. These H4 sbr / rbs or PPZ levels (price pivot zones) are so powerful.
Attached Image (click to enlarge)
Click to Enlarge Name: eu20th.gif Size: 28 KB
  • #3,257
  • Oct 20, 2010 10:55am Oct 20, 2010 10:55am
Quoting lefteye
Hi V,
was that what u referring to on the charts below.
Please correct me if I'm wrong, cheers ^o^
Yes thats what I was on about.
  • #3,258
  • Oct 21, 2010 2:24am Oct 21, 2010 2:24am
Entered using CRB of 7 pips .
Price was making HL's .TM+BB MACD blue.
Trailed my SL to the previous TM plateau.
Price found , atm , res @ 3975/MR1 and was not able to hold above DO 3962 , so I locked for +25 were I was stopped out.
Comments are welcome
David
Attached Image (click to enlarge)
Click to Enlarge Name: 21oct EU Long +25.jpg Size: 144 KB
  • #3,259
  • Oct 21, 2010 2:29am Oct 21, 2010 2:29am
Quoting david4u
Entered using CRB of 7 pips .
Price was making HL's .TM+BB MACD blue.
Trailed my SL to the previous TM plateau.
Price found , atm , res @ 3975/MR1 and was not able to hold above DO 3962 , so I locked for +25 were I was stopped out.
Comments are welcome
David
Very nice buy, like that one! 60 pip moves in FH for eur is an above normal move for that time. As it bumped up against Y's highs and the 75 psych level ivo time of day all I could say is take profits there and don't wait for TS to get hit.
  • #3,260
  • Oct 21, 2010 2:42am Oct 21, 2010 2:42am
Quoting david4u
Entered using CRB of 7 pips .
Price was making HL's .TM+BB MACD blue.
Trailed my SL to the previous TM plateau.
Price found , atm , res @ 3975/MR1 and was not able to hold above DO 3962 , so I locked for +25 were I was stopped out.
Comments are welcome
David
I like it
9 traders viewing now