Higher low, lower high system | Page 358 | 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

  • #7,141
  • Nov 20, 2014 6:26am Nov 20, 2014 6:26am
Quoting Vantage
Price came down into the July/Oct lows. Hung around 1.4264 for almost a day and rejected strongly when it tried to push lower. Counter trend rules in place at the time. Entry from lower TF but showing 4hr. Exit just before the W pivot around previously identified highs for +323. {image}
Hi Vantage,

Great trade, well done
  • #7,142
  • Nov 22, 2014 7:47am Nov 22, 2014 7:47am
Quoting Vantage
Price came down into the July/Oct lows. Hung around 1.4264 for almost a day and rejected strongly when it tried to push lower. Counter trend rules in place at the time. Entry from lower TF but showing 4hr. Exit just before the W pivot around previously identified highs for +323. {image}
Nice trade Mr V.

You said you caught that on a lower timeframe entry?? Not a 1 min I'd guess probably an hrly??

However how about if we could fathom out a way to enter on 1 mins risking say 10 to 20 pips and getting 323 pips, say we put 3 such entries on?? Hmmm nice RR there for sure...

Well I won't clog up your thread with my ideas but I've posted on my thread something along these lines...

catch you later...
Feel the Fear and do it anyway!!!
  • #7,143
  • Dec 1, 2014 7:37am Dec 1, 2014 7:37am
Not exactly high volume trading on this thread especially whilst we are busy moving house. We do have a sell at 1.4742 euraud will post charts if it works out. We had an inverted head and shoulders from Apr '14 as our SR level.
  • #7,144
  • Dec 9, 2014 10:13am Dec 9, 2014 10:13am
Quoting Vantage
Not exactly high volume trading on this thread especially whilst we are busy moving house. We do have a sell at 1.4742 euraud will post charts if it works out. We had an inverted head and shoulders from Apr '14 as our SR level.
Took a small knock on this one no problem. Not worth posting a chart.

Sold euraud 1.4953 just below W R2 (1.4972), this level is around the July/Aug '13 highs (which level was pre-identified on our charts). Will post pictures if this trade pans out.
  • #7,145
  • Jan 21, 2015 10:28pm Jan 21, 2015 10:28pm
Our first swing trade this year was -74.

More than made up by this trade, a previously identified support level on our D chart, the Nov '13 low. A HL on lower TF, chart pic is 4 hr showing the bounce from the W M2 pivot. Also showing divergence so our CT rules in place. Out for +329.

NB our overnight TP was hit, if this hadn't happened and we had woken up and seen the current pa we would have raised the TP. Obviously we feel its going higher still.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDDaily.png Size: 37 KB
Click to Enlarge Name: EURAUDH4.png Size: 37 KB
  • #7,146
  • Jan 22, 2015 12:47am Jan 22, 2015 12:47am
This is very similar to my approach. I trade hidden divergence
Attached Image (click to enlarge)
Click to Enlarge Name: hpo-for-hidden-divergence-screen-3076.png Size: 71 KB
  • #7,147
  • Jan 23, 2015 4:30am Jan 23, 2015 4:30am
Quoting Vantage
Our first swing trade this year was -74. More than made up by this trade, a previously identified support level on our D chart, the Nov '13 low. A HL on lower TF, chart pic is 4 hr showing the bounce from the W M2 pivot. Also showing divergence so our CT rules in place. Out for +329. NB our overnight TP was hit, if this hadn't happened and we had woken up and seen the current pa we would have raised the TP. Obviously we feel its going higher still. {image} {image}
Very nice trade V. Thanks for your continued posts here and elsewhere which I still follow. I am trying to get going again this year after a few months off end of '14 due to pressure of work.

Took the LO EJ short this morning. FH saw a weak push up through Y's low ending with an engulfing neg m15 close at LO. After an m15 IB I sold the lower high out of a tight cloud on my 5RB chart (thank you Auron/Medici) - I was busy trailing my stop down and forgot to remove my emergency TP at +50 and so stopped out early. I would have closed out on a 5rb close above the T3 MA8 so missed out on a few but that's me done for the day and the week.

Attached Image

Attached Image

Attached Image (click to enlarge)
Click to Enlarge Name: ej_23_01_2015_oanda.png Size: 16 KB
Follow, don't anticipate.
  • #7,148
  • Jan 23, 2015 11:05am Jan 23, 2015 11:05am
Quoting Ian
{quote} Very nice trade V. Thanks for your continued posts here and elsewhere which I still follow. I am trying to get going again this year after a few months off end of '14 due to pressure of work. Took the LO EJ short this morning. FH saw a weak push up through Y's low ending with an engulfing neg m15 close at LO. After an m15 IB I sold the lower high out of a tight cloud on my 5RB chart (thank you Auron/Medici) - I was busy trailing my stop down and forgot to remove my emergency TP at +50 and so stopped out early. I would have closed out...
Great stuff doesn't get much better than that.
  • #7,149
  • Jan 24, 2015 3:51am Jan 24, 2015 3:51am
I have done a lot of posts on London open set ups and entries on the blog this month. They show exactly what I am looking for see the example in this link http://vantagefx.blogspot.com/2015/0...-trades-2.html
  • #7,150
  • Edited 10:03am Jan 24, 2015 8:40am | Edited 10:03am
Quoting Vantage
I have done a lot of posts on London open set ups and entries on the blog this month. They show exactly what I am looking for see the example in this link http://vantagefx.blogspot.com/2015/0...-trades-2.html
Just been catching up on your blog posts V, brilliant stuff as usual, should be essential reading for those trading around LO...
Follow, don't anticipate.
  • #7,151
  • Jan 28, 2015 4:22pm Jan 28, 2015 4:22pm
Quoting Ian
{quote} Just been catching up on your blog posts V, brilliant stuff as usual, should be essential reading for those trading around LO...
Good example this morning on EJ.

During FH there was a failed push up through day's open, Y's high and MR1. Good reason to expect price might move in the opposite direction. LO saw a push down to the overnight low at 133.67 then obligingly retraced 38% to yesterdays London Close at 133.94 (green line). I entered just before the inside bar closed on the m5 chart as price pulled back from its second attempt at the level. This coincided with a LH on my range bar chart. Closed out for +35 just before the hour was up between the daily and weekly pivots.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5_28_01_2015.png Size: 30 KB
Attached Images
Follow, don't anticipate.
  • #7,152
  • Feb 11, 2015 5:29am Feb 11, 2015 5:29am
I have done quite a few posts in blog www.vantagefx.blogspot.com in Jan and Feb on how I'm using HL/LH's, currency strength/weakness with LO tests/breaks and tests of range to identify trades across 6 pairs - gbp and eur against aud, jpy and nzd. Also using Clives TT indi from here http://www.forexfactory.com/showthread.php?t=486543 as this gives a neat view of strength/weakness. If CAD comes up a lot into TT I'd also look at GBPCAD and EURCAD.
  • #7,153
  • Feb 11, 2015 5:33am Feb 11, 2015 5:33am
This gives a good idea of use of TT, GBP featuring strongly showing strength across the board. EURAUD also showing suggesting AUD weak. This was not the first GBPAUD buy of the day. Nice HL, 27 pips and we'll see what US session brings.

TT green = pair up, red = down. The higher the number the steeper the ma.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPAUDM5.png Size: 37 KB
Click to Enlarge Name: GBPAUDM1.png Size: 34 KB
Click to Enlarge Name: EURCHFM1.png Size: 17 KB
  • #7,154
  • Feb 16, 2015 10:23pm Feb 16, 2015 10:23pm
Identified 1.4730-4800 as a resistance area. Sold a shorter time frame lower high 1.4770 exited at W M2, our over night take profit for 230 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH4.png Size: 42 KB
  • #7,155
  • Feb 16, 2015 10:24pm Feb 16, 2015 10:24pm
GBPAUD sell at 1.9964, currently 1.9712, still running.
  • #7,156
  • Feb 17, 2015 1:01am Feb 17, 2015 1:01am
Quoting Vantage
GBPAUD sell at 1.9964, currently 1.9712, still running.
There you go, beat the signal

Attached Image (click to enlarge)
Click to Enlarge Name: 17-02-2015 5-00-21 PM.png Size: 42 KB
It takes a lot for me to IGNORE you, but you can try.
  • #7,157
  • Feb 17, 2015 1:06am Feb 17, 2015 1:06am
Quoting Erebus
{quote} There you go, beat the signal {image}
And you have to go back years for the SR level.
  • #7,158
  • Feb 17, 2015 4:43pm Feb 17, 2015 4:43pm
And there is signal, red arrow down

Don't forget to go long when "D" is broken

Attached Image (click to enlarge)
Click to Enlarge Name: 18-02-2015 8-10-13 AM.png Size: 43 KB
It takes a lot for me to IGNORE you, but you can try.
  • #7,159
  • Feb 17, 2015 10:16pm Feb 17, 2015 10:16pm
Quoting Vantage
GBPAUD sell at 1.9964, currently 1.9712, still running.
Identified a SR area going back years, sold lh on smaller TF 1.9964 exit W M2 when it held a while for +336.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH4.png Size: 39 KB
  • #7,160
  • Feb 17, 2015 10:45pm Feb 17, 2015 10:45pm
Quoting Erebus
And there is signal, red arrow down Don't forget to go long when "D" is broken {image}
Hi Erebus

If we get a signal we be long before D is broken.
2 traders viewing now