Top and Bottom “Buy Lower and Sell Higher” | Forex Factory

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Top and Bottom “Buy Lower and Sell Higher”

  • #1
  • First Post: Aug 20, 2015 9:21am Aug 20, 2015 9:21am
Hi all,
Lets discussion about the topic Top and Bottom BUY LOWER and SELL HIGHER.

1st we know that nobody know where exactly the Top and the Bottom in this market, but i believe that Top is the higher high of the many high the price in the process uptrend rally in the certain period and also the Bottom is consist from the many low that the price in the process down trend....

and the interesting from this statement is Buy Lower and Sell Higher ....

let share your opinion on this ......

for me i just counted x-a-b-c (part of EW correction) and entry at the point c (buy or sell) and using Trend line to confirm the reverse of price from lower to high or from high to lower and using the channel to indicated the higher target ....
that will recommended for all time frame .....

Here is the sample of GBPUSD M5 Time Frame
just entry sell at the point c ...




cheers
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 50 KB
  • #2
  • Aug 20, 2015 1:15pm Aug 20, 2015 1:15pm
it seems easy when we already have the upcoming data and read the past. the difficulties arise when face with the "now" condition.
we don't predict, we only ride
  • #3
  • Aug 20, 2015 4:24pm Aug 20, 2015 4:24pm
Quoting cakrajaya
it seems easy when we already have the upcoming data and read the past. the difficulties arise when face with the "now" condition.
here is the GBPUSD update M5 ...
process price movement on the certain period D1,W1 or Month period ...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5b.png Size: 59 KB
  • #4
  • Aug 20, 2015 5:12pm Aug 20, 2015 5:12pm
penetration price of the point c movement or if intraday trader, you could be using opening day as the x or depend on the time frame that you use as your period
or weekly opening, or monthly opening.
here is where the beginning where we could be put x as the starting counted.

1. Highest high price or lower low price on the certain period (M1,M5,M15,M30, H1, H4, D1 or Wk or Month) ....

Just read the picture of EJ H1 time frame ...
i am using HH price and mark as the x point .....

and 1st entry Buy PO at point c with the tighten SL and 2nd entry Buy PO at point c
"BUY LOWER and SELL Higher" penetration of price movement is the good result
the process from top x to point cc on H1 time frame need 4 day and the penetration of price moving up from point cc is only 2day price almost same and near
at point x as the beginning counted .....

for some senior trader is nothing special of this, but for newbie trader more importance to understand the process of the price


cheers
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 53 KB
  • #5
  • Aug 20, 2015 5:32pm Aug 20, 2015 5:32pm
Quoting mrhb30jr
penetration price of the point c movement or if intraday trader, you could be using opening day as the x or depend on the time frame that you use as your period or weekly opening, or monthly opening. here is where the beginning where we could be put x as the starting counted. 1. Highest high price or lower low price on the certain period (M1,M5,M15,M30, H1, H4, D1 or Wk or Month) .... Just read the picture of EJ H1 time frame ... i am using HH price and mark as the x point ..... and 1st entry Buy PO at point c with the tighten SL and 2nd entry...
here is the update chart ...
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1a.png Size: 58 KB
  • #6
  • Aug 20, 2015 6:04pm Aug 20, 2015 6:04pm
XAUUSD H4
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 72 KB
  • #7
  • Edited 10:51pm Aug 20, 2015 8:15pm | Edited 10:51pm
How to marking X point in a lower TF ( < H1)?
  • #8
  • Aug 21, 2015 5:19am Aug 21, 2015 5:19am
Quoting amrih
How to marking X point in a lower TF ( < H1)?
Here is just read this
http://www.forexfactory.com/showthre...48#post8447248
  • #9
  • Aug 21, 2015 6:30am Aug 21, 2015 6:30am
Quoting mrhb30jr
{quote} here is the update chart ... {image}
Updated i c point B now .....
confirmation by BKO rising TL
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1b.png Size: 59 KB
  • #10
  • Aug 21, 2015 11:26am Aug 21, 2015 11:26am
Quoting mrhb30jr
{quote} Here is just read this http://www.forexfactory.com/showthre...48#post8447248
Thanks for your answer...I do understand with your EJ H1, but still confusing with your M5 GU (#post 3).. I think The HH of that chart is point c, why didn't take the HH ( point c ) as x...?
  • #11
  • Aug 21, 2015 4:52pm Aug 21, 2015 4:52pm
Its not so much practically as all data must had then we decide some what
  • #12
  • Edited 5:16pm Aug 21, 2015 4:56pm | Edited 5:16pm
Quoting amrih
{quote} Thanks for your answer...I do understand with your EJ H1, but still confusing with your M5 GU (#post 3).. I think The HH of that chart is point c, why didn't take the HH ( point c ) as x...?
yes, on the GU M5 i am using opening day as the x point,
and here is starting 19.08.2015
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5c.png Size: 63 KB


21.08.2015
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5d.png Size: 54 KB
  • #13
  • Aug 21, 2015 5:23pm Aug 21, 2015 5:23pm
this is gbpusd M5 date 21.08.2015

point C is the HH and X is LL
and we could say "buy lower and sell higher"

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5e.png Size: 38 KB
  • #14
  • Aug 21, 2015 5:50pm Aug 21, 2015 5:50pm
Quoting Gsm440
Its not so much practically as all data must had then we decide some what
thank you for the opinion, but i don't think there is the practical in forex trading market, even we going to using good robot trading we need set up the system ..
  • #15
  • Edited 6:31pm Aug 22, 2015 6:09pm | Edited 6:31pm
Quoting mrhb30jr
{quote} Updated i c point B now ..... confirmation by BKO rising TL {image}
here is the updated of EuroJpy

Price continue make new high after found the new solid demand around the rising TL
I adjust the rising TL after price pullback to the direction up...
see the point B still in progress to building up .......
here is the updated chart .....

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1c.png Size: 57 KB


and the 2nd chart is the plan for future movement, keep watching till the expected B point as long as rising TL not BKO
now the chart 2, I remove unnecessary line and adjust the channel..

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1f.png Size: 58 KB


We can not fat in one day, just wait and see, where the price will give the signal of the beginning price to reverse the direction ...

cheers
  • #16
  • Aug 23, 2015 12:11am Aug 23, 2015 12:11am
am in ........................


===================
aya naon euy..aya strategy anyar ? bagi bagi lah ..............
not euphoria follower
  • #17
  • Aug 23, 2015 12:18am Aug 23, 2015 12:18am
Quoting iqyu5an
am in ........................ =================== aya naon euy..aya strategy anyar ? bagi bagi lah ..............
aawwwwwwwww
we don't predict, we only ride
  • #18
  • Aug 23, 2015 12:25am Aug 23, 2015 12:25am
Inserted Video


Quoting cakrajaya
{quote} aawwwwwwwww
not euphoria follower
  • #19
  • Aug 23, 2015 6:02pm Aug 23, 2015 6:02pm
Quoting iqyu5an
am in ........................ =================== aya naon euy..aya strategy anyar ? bagi bagi lah ..............
thq mas iqyu5
  • #20
  • Aug 23, 2015 6:03pm Aug 23, 2015 6:03pm
Quoting cakrajaya
{quote} aawwwwwwwww
u r welcome bro ..
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