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Highest Open / Lowest Open Trade

  • #1,301
  • May 31, 2016 7:20am May 31, 2016 7:20am
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The news should move this around.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,302
  • May 31, 2016 7:35am May 31, 2016 7:35am
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It moved
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,303
  • May 31, 2016 7:42am May 31, 2016 7:42am
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Waiting
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,304
  • May 31, 2016 7:58am May 31, 2016 7:58am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,305
  • May 31, 2016 8:09am May 31, 2016 8:09am
Quoting TooSlow
{quote} When all of the entry criteria are satisfied it is OK to enter. What leads you to believe otherwise?
I was concern about over trading.
  • #1,306
  • May 31, 2016 8:26am May 31, 2016 8:26am
Quoting tradebuddy
{quote} I was concern about over trading.
Taking valid entries is not over trading.
Ignoring valid entries is poor trading.
Taking entries outside your entry parameters is over trading.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,307
  • May 31, 2016 8:27am May 31, 2016 8:27am
May be of interest and use: http://www.investing.com/analysis/au...ews-200132858#
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,308
  • May 31, 2016 8:32am May 31, 2016 8:32am
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Waiting
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,309
  • May 31, 2016 8:41am May 31, 2016 8:41am
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Rule #1
This rule keeps you out of trouble.
Though you may miss out on a few winning trades, you will be certain to miss out on all of the losing trades.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,310
  • May 31, 2016 8:47am May 31, 2016 8:47am
Quoting TooSlow
{image} Rule #1 This rule keeps you out of trouble. Though you may miss out on a few winning trades, you will be certain to miss out on all of the losing trades.
Right you are!! My patience has improved 10 fold.
  • #1,311
  • May 31, 2016 8:49am May 31, 2016 8:49am
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On my 123 thread, this was a valid trade.
Trading is uncertain.
There will be conflicting signals.
Trading is more of art than science.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,312
  • May 31, 2016 8:51am May 31, 2016 8:51am
Quoting TooSlow
{image}
Hi TooSlow

You were quite fast !

Congrats

Best regards
BBF

PS I'm with you with E/J ... waiting @ 124.098 Correct ?
BigBlackfeet Always on the(forex) war path !
  • #1,313
  • May 31, 2016 8:51am May 31, 2016 8:51am
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USD red news at top of the hour.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,314
  • May 31, 2016 8:52am May 31, 2016 8:52am
Quoting wannalearn12
{quote} Right you are!! My patience has improved 10 fold.
How does it feel?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,315
  • May 31, 2016 8:56am May 31, 2016 8:56am
Hello there.
Was is still a valid set-up?
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  • #1,316
  • May 31, 2016 8:57am May 31, 2016 8:57am
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My preference is not to predict:

pre·dic·tion
prəˈdikSH(ə)n/
noun

  1. a thing predicted; a forecast.
    "a prediction that the Greeks would destroy the Persian empire"
    synonyms:forecast, prophecy, prognosis, prognostication, augury; More

    1. the action of predicting something.
      "the prediction of future behavior"



Anticipation works better.
If A happens, Then B, Else C.

If a currency rises before the news, I anticipate it will drop when the news releases.

XXXUSD currencies are rising.

My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,317
  • May 31, 2016 9:04am May 31, 2016 9:04am
Quoting TooSlow
{image} My preference is not to predict: prediction prəˈdikSH(ə)n/ noun a thing predicted; a forecast. "a prediction that the Greeks would destroy the Persian empire" synonyms:forecast, prophecy, prognosis,...
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What do I know?
Nothing.
Have to watch and react.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,318
  • May 31, 2016 9:06am May 31, 2016 9:06am
Quoting lansett
Hello there. Was is still a valid set-up? {image}
Where is the highest H1 open line?
Not apparent on your chart.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,319
  • May 31, 2016 9:07am May 31, 2016 9:07am
You are starting to put together a nice thread TooSlow, keep it up!
If you are good at something, never do it for free--Joker
  • #1,320
  • May 31, 2016 9:13am May 31, 2016 9:13am
Quoting TooSlow
{quote} How does it feel?
It feels great, I reduced my loses buy over 70%!
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