Higher low, lower high system | Page 336 | 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

  • #6,701
  • Sep 8, 2013 11:50pm Sep 8, 2013 11:50pm
9 Sep 2013
Click on date for 4hr charts.

GBPAUD - D negative close within the Wed/Thurs range, a lower wick that for now suggests a problem going lower. 4hr lower high lower low flow, RSI crossed up and positive divergence now showing. Can go either way, no bias.

EJ - D negative close with a large lower wick. Essentially we remain sideways and can go either way. No bias.

EURAUD - D closed a hammer bouncing form the 11 June high. Still below the 8lwma, RSI still crossed lower and below 50 level. 4hr did show positive divergence at the Fri low and we have had some move up. The 4hr flow is still showing lower high lower low flow. We can move higher from support levels but bias down until price action confirms.

AUD - D closed positive but within last weeks range and the Aug highs. We can move lower from resistance but bias remains up until price action confirms.
  • #6,702
  • Sep 9, 2013 11:53pm Sep 9, 2013 11:53pm
10 Sep 2013
GBPAUD - D closed a shooting star. 4hr lower high lower low flow continues. We are approaching the June/early July highs. Bias down potential to bounce from support.

EJ - D closed positive at the upper resistance level. So far little reaction at the highs compared to last week. Bias up but potential to fall from resistance.

EURAUD - D closed positive and Asian session move down has brought us back to the lows. Trend is down. Support area 1.4300/4250. bias down but support could hold.

AUD - D closed positive. 4hr higher high higher low. Bias up.
  • #6,703
  • Sep 10, 2013 4:11am Sep 10, 2013 4:11am
Quoting Vantage
EURAUD - D closed positive and Asian session move down has brought us back to the lows. Trend is down. Support area 1.4300/4250. bias down but support could hold.
Small move up CT on EURAUD. 15 min dble top, 3 bar reversal close. Sold 1.4319 back into trend. We are through the first problem area the W M2 pivot/RN. Next problem is 1.4260. Anyway can reduce risk so a freebie trade ............. almost.

With Mrs V being sick and me occupied this is my (our) first trade in prob almost 2 weeks. Hopefully it has some legs but after the move we have had already how much further can we go.

So perhaps not the best time to try the new EURAUD exit strategy we'll see.

As usual will post charts should we push through.
  • #6,704
  • Sep 10, 2013 5:47am Sep 10, 2013 5:47am
Quoting Vantage
{quote} Small move up CT on EURAUD. 15 min dble top, 3 bar reversal close. Sold 1.4319 back into trend. We are through the first problem area the W M2 pivot/RN. Next problem is 1.4260. Anyway can reduce risk so a freebie trade ............. almost. With Mrs V being sick and me occupied this is my (our) first trade in prob almost 2 weeks. Hopefully it has some legs but after the move we have had already how much further can we go. So perhaps not the best time to try the new EURAUD exit strategy we'll see. As usual will post charts should we push...
40% out at +50.
  • #6,705
  • Sep 10, 2013 11:47pm Sep 10, 2013 11:47pm
11 Sep 2013
GU - D closed positive at the June highs resistance level. 4hr higher high higher low with negative divergence. A simple case of trend v resistance and we don't know which will win this time. Bias up until price action confirms otherwise.

GBPAUD - D closed negative at the June/early July highs. 1hr shows the multiple bottoms. We'll need to see the reaction today but the US session did not take us lower yesterday. The past few days has been 1 day down 1 day up. Bias down until price action confirms otherwise (and it looks likely).

EJ - D closed positive. Bias up but potential to fall from resistance, May high.

EURAUD - D closed negative at the identified support level. Clear support at 1.4240 and the US session could not take us lower. 1hr shows the multiple bottoms. Bias down until price action confirms otherwise (and it looks likely).

AUD - D closed positive. 4hr a hanging man at the end of a run up, a bearish candle.Turn looks likely.
  • #6,706
  • Sep 10, 2013 11:48pm Sep 10, 2013 11:48pm
Quoting Vantage
{quote} Small move up CT on EURAUD. 15 min dble top, 3 bar reversal close. Sold 1.4319 back into trend. We are through the first problem area the W M2 pivot/RN. Next problem is 1.4260. Anyway can reduce risk so a freebie trade ............. almost. With Mrs V being sick and me occupied this is my (our) first trade in prob almost 2 weeks. Hopefully it has some legs but after the move we have had already how much further can we go. So perhaps not the best time to try the new EURAUD exit strategy we'll see. As usual will post charts should we push...
Quoting Vantage
{quote} 40% out at +50.
The balance of my trade is not looking good at all.
  • #6,707
  • Sep 11, 2013 2:10am Sep 11, 2013 2:10am
Quoting Vantage
{quote} {quote} The balance of my trade is not looking good at all.
Gave it another chance to go which failed again. Balance out at +45.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudm15.png Size: 35 KB
  • #6,708
  • Sep 11, 2013 2:13am Sep 11, 2013 2:13am
Quoting Vantage
{quote} Gave it another chance to go which failed again. Balance out at +45. {image}
This chart will show entry a little better.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudm15.png Size: 40 KB
  • #6,709
  • Sep 11, 2013 8:26am Sep 11, 2013 8:26am
In EURAUD buy at 1.4272. Proven support level, price showing it does not want to go lower for hours. 4hr had 3 bar reversal close, RSI crossed above signal line.

Will post charts if trade goes on and breaks up.
  • #6,710
  • Sep 11, 2013 8:44am Sep 11, 2013 8:44am
Quoting Vantage
In EURAUD buy at 1.4272. Proven support level, price showing it does not want to go lower for hours. 4hr had 3 bar reversal close, RSI crossed above signal line. Will post charts if trade goes on and breaks up.
Won't be posting a chart on this one. No idea if we are going up or down but the support at 1.4240 is getting just as much resistance at 1.4295.
  • #6,711
  • Sep 11, 2013 10:41am Sep 11, 2013 10:41am
Long in EU ..
Closed partial positions at 40 pips and holding the rest to next target.
Stop at BE..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.png Size: 39 KB
My Mantra - Go with the flow until a key level is hit
  • #6,712
  • Sep 11, 2013 10:59am Sep 11, 2013 10:59am
Quoting money89
Long in EU .. Closed partial positions at 40 pips and holding the rest to next target. Stop at BE.. {image}

Looking good. Any chance you could put an arrow under your entry candle so we can see where you got in.

Cheers, nice one.
  • #6,713
  • Sep 11, 2013 7:01pm Sep 11, 2013 7:01pm
Quoting Vantage
In EURAUD buy at 1.4272. Proven support level, price showing it does not want to go lower for hours. 4hr had 3 bar reversal close, RSI crossed above signal line. Will post charts if trade goes on and breaks up.
was long this last night for some points .. closed for bed time.. picture 15 min will buy again when blue line in top box turns up in agreeance with all others
Attached Image (click to enlarge)
Click to Enlarge Name: euraudm15.png Size: 104 KB
  • #6,714
  • Sep 11, 2013 8:37pm Sep 11, 2013 8:37pm
picture 5 min I caught it on break of 20 ema on 15 .. closed for 25
Attached Image (click to enlarge)
Click to Enlarge Name: euraudm5.png Size: 78 KB
  • #6,715
  • Sep 11, 2013 8:46pm Sep 11, 2013 8:46pm
short euud 3315.. 15 min chart
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15.png Size: 87 KB
  • #6,716
  • Sep 11, 2013 9:02pm Sep 11, 2013 9:02pm
Quoting Vantage
{quote} Won't be posting a chart on this one. No idea if we are going up or down but the support at 1.4240 is getting just as much resistance at 1.4295.
Were you holding the position ? All the Aussie pairs just exploded..
My Mantra - Go with the flow until a key level is hit
  • #6,717
  • Sep 11, 2013 9:19pm Sep 11, 2013 9:19pm
Quoting danc
short euud 3315.. 15 min chart {image}
closed for 8 clear.. reason to much resistance over head on USDX.. will look to re position if above resistance
  • #6,718
  • Sep 11, 2013 10:12pm Sep 11, 2013 10:12pm
ADUD.. thinking long above 9270.. and short EUAD.. not just yet thou
Attached Image (click to enlarge)
Click to Enlarge Name: audusdm15.png Size: 89 KB
  • #6,719
  • Sep 11, 2013 11:25pm Sep 11, 2013 11:25pm
Quoting money89
{quote} Were you holding the position ? All the Aussie pairs just exploded..
Yes I thought we were toast but the 1.4235 area that it has bounced from several times held. and our stop was below. Sitting roughly at +100 on an open trade so obviously anything can happen still.

For now we have stopped at the 9 Aug high (20 June, 3 July also). Our target the 12/25 July high/Aug low SR level 1.4460 and we have the W pivot at 1.4468.

Hopefully if we get nice 15 min/1hr hl's whilst we are in front of the computer we'll add to position.
  • #6,720
  • Sep 11, 2013 11:32pm Sep 11, 2013 11:32pm
Quoting danc
ADUD.. thinking long above 9270.. and short EUAD.. not just yet thou {image}

Hi danc
I am assuming the AUD employment news was a game changer. As always with news we'll have to see if it follows through or not.
0 traders viewing now