Candles Open/Close Trading | Forex Factory

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Candles Open/Close Trading

  • #1
  • First Post: Edited Feb 22, 2014 8:48am Aug 15, 2012 7:46am | Edited Feb 22, 2014 8:48am
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The only winner is the one who survive the longest...
  • #2
  • Aug 21, 2012 9:40am Aug 21, 2012 9:40am
Quoting kinspk

4. I realized that some session Open/Close are great push for pips. So it have high percentage to hit my small TP first rather than SL first.
Hello kinspk

I like 10 MA Open/Close.

Like you said, when the candles or pips push above OC, a buy, or a sell when push below.

I also look for PA e.g. PB, IB, FB and Engulfing and SL/RL.

Cheers
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  • #3
  • Aug 21, 2012 9:45am Aug 21, 2012 9:45am
For Gold, risk 70 pips, long due PB shown on H4.
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  • #4
  • Aug 21, 2012 10:18am Aug 21, 2012 10:18am
Looking to long on G/A due IB
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  • #5
  • Aug 22, 2012 12:38am Aug 22, 2012 12:38am
Look clean and simple on your way of trading it.

Do you mind explain how you apply your 10 MA, IB, FB, PB, etc on your OC trading, maybe that may greatly sharpen my OC trading system?
The only winner is the one who survive the longest...
  • #6
  • Aug 22, 2012 3:38am Aug 22, 2012 3:38am
Quoting kinspk
Look clean and simple on your way of trading it.

Do you mind explain how you apply your 10 MA, IB, FB, PB, etc on your OC trading, maybe that may greatly sharpen my OC trading system?
kinspk

你好.

2 good web sites I often visit for forex materials among others are Steve Nison and Nail Fuler. Both published plenty of trading info.

p. s. I have no affiliate to them.

Cheers
Trade As A Sniper
  • #7
  • Aug 22, 2012 3:51am Aug 22, 2012 3:51am
Hi Pama, thanks a lot for your input. I did a quick search on them, plenty of forex stuffs, but do you have any specific articles to share about them discussing on OC trading?

Have a nice day!
The only winner is the one who survive the longest...
  • #8
  • Aug 22, 2012 7:28am Aug 22, 2012 7:28am
Quoting kinspk
Hi Pama, thanks a lot for your input. I did a quick search on them, plenty of forex stuffs, but do you have any specific articles to share about them discussing on OC trading?

Have a nice day!
kinspk

The trading materials such as IB/IB/FB/SL/RL from NF and SN are simple to understand and skill-acquire.

I wish I had more info of the same subject (OC) to share.

If you like momentum, maybe you want to explore the Keltner Channel. FYI, 10 SMA O/C is similar to 10 KC 0.5. There are popular KC links in FF.

How is your progress using O/C?

Cheers
Trade As A Sniper
  • #9
  • Aug 22, 2012 7:41am Aug 22, 2012 7:41am
AJ just short due PB on H4 (and D), take 50 pips risk.

Gold, GA and A/CHF traders in profit and BE.
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  • #10
  • Aug 22, 2012 7:42am Aug 22, 2012 7:42am
I'm playing around and testing with OC breakout within the range of High Low, trying to play retracement, rebounce within the range of High-Open/Close or Low+Open/Close breakout region.

Hopefully trying to make it as simple as possible, and finding a better filter to determine on which breakout valid for this simple strategy.
The only winner is the one who survive the longest...
  • #11
  • Aug 22, 2012 8:11am Aug 22, 2012 8:11am
Quoting pama.fx
Looking to long on G/A due IB
It seems as if these MAs are high/low and not open/close, is that right?
Regards
  • #12
  • Last Post: Aug 22, 2012 9:12am Aug 22, 2012 9:12am
Quoting howard
It seems as if these MAs are high/low and not open/close, is that right?
Hi Howard

Thanks for telling.

My mistake... it is HiLo.

It has been mixed up.


Hi kinspk & traders

Sorry about that.

The overall concept in my trading method is remained the same using 10 MA Hi/Lo with PA/SL/RL/MACD.


Cheers
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