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Highest Open / Lowest Open Trade

  • #1,881
  • Jun 6, 2016 9:44am Jun 6, 2016 9:44am
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no no no
  • #1,882
  • Jun 6, 2016 9:49am Jun 6, 2016 9:49am
Next hour should show some results.
  • #1,883
  • Jun 6, 2016 9:50am Jun 6, 2016 9:50am
SL hit while going long on EURGBP. Thoughts?

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  • #1,884
  • Jun 6, 2016 9:52am Jun 6, 2016 9:52am
Quoting natnimrey
SL hit while going long on EURGBP. Thoughts? {image}
Make sure you are looking at the H1 low open. .78454 is lowest open. Also make sure it is not making a new daily low or high.
  • #1,885
  • Jun 6, 2016 9:55am Jun 6, 2016 9:55am
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Who's dancing?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,886
  • Jun 6, 2016 9:58am Jun 6, 2016 9:58am
Quoting natnimrey
SL hit while going long on EURGBP. Thoughts? {image}
Win some.
Lose some.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,887
  • Jun 6, 2016 9:59am Jun 6, 2016 9:59am
Quoting TooSlow
{image} Who's dancing?
The indicator is inaccurate. I will continue to manually mark
  • #1,888
  • Jun 6, 2016 9:59am Jun 6, 2016 9:59am
Quoting wannalearn12
{quote} Make sure you are looking at the H1 low open. .78454 is lowest open. Also make sure it is not making a new daily low or high.
Damn it you're right, thanks...the indicator's off
  • #1,889
  • Jun 6, 2016 10:02am Jun 6, 2016 10:02am
Quoting wannalearn12
{quote} Make sure you are looking at the H1 low open. .78454 is lowest open. Also make sure it is not making a new daily low or high.
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,890
  • Jun 6, 2016 10:03am Jun 6, 2016 10:03am
HO moving up
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The quality of your life is brought about by the quality of your thinking.
  • #1,891
  • Jun 6, 2016 10:06am Jun 6, 2016 10:06am
hmm
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  • #1,892
  • Jun 6, 2016 10:10am Jun 6, 2016 10:10am
Quoting wannalearn12
{quote} The indicator is inaccurate. I will continue to manually mark
What indicator?
This is a great example of what happens when people do not learn the basics.
They take shortcuts.
They put their blind trust in an indicator before testing its accuracy.
They attempt to do more than they can handle.
They lose because of their own failures rather than system failures.

This thread is not even a month old.
Do you think you have this method mastered in less than 30 days?
Do you have enough experience with this method to enable you to tinker with it?
Do you have enough skill to manage multiple pairs simultaneously?

Trading this method looks easy.
Anything is easy once you have mastered it.
Are you there yet?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,893
  • Jun 6, 2016 10:12am Jun 6, 2016 10:12am
Let's see. What happens. On this one.
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  • #1,894
  • Jun 6, 2016 10:13am Jun 6, 2016 10:13am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,895
  • Jun 6, 2016 10:16am Jun 6, 2016 10:16am
Quoting TooSlow
{quote} What indicator? This is a great example of what happens when people do not learn the basics. They take shortcuts. They put their blind trust in an indicator before testing its accuracy. They attempt to do more than they can handle. They lose because of their own failures rather than system failures. This thread is not even a month old. Do you think you have this method mastered in less than 30 days? Do you have enough experience with this method to enable you to tinker with it? Do you have enough skill to manage multiple pairs...
Hell no, all I am doing is practicing and trying to learn. I get faked out many times. I am only taking setups I have deemed "perfect" and yet I still choose the wrong entry. I miss the timing on a lot of entries and what not. I feel as though I am making progress. How could I master something within anything less than 10,000 hours of perfect practice? I appreciate your thoughts and considerations take them all seriously.
  • #1,896
  • Jun 6, 2016 10:17am Jun 6, 2016 10:17am
Quoting TooSlow
{quote} What indicator? This is a great example of what happens when people do not learn the basics. They take shortcuts. They put their blind trust in an indicator before testing its accuracy. They attempt to do more than they can handle. They lose because of their own failures rather than system failures. This thread is not even a month old. Do you think you have this method mastered in less than 30 days? Do you have enough experience with this method to enable you to tinker with it? Do you have enough skill to manage multiple pairs...
Dude there's no need to overreact...the indicator just helps to mark the HOLO, not alter the strategy in anyway. No need to get on your high horse
  • #1,897
  • Jun 6, 2016 10:18am Jun 6, 2016 10:18am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,898
  • Jun 6, 2016 10:19am Jun 6, 2016 10:19am
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The quality of your life is brought about by the quality of your thinking.
  • #1,899
  • Jun 6, 2016 10:23am Jun 6, 2016 10:23am
Quoting wannalearn12
{quote} Hell no, all I am doing is practicing and trying to learn. I get faked out many times. I am only taking setups I have deemed "perfect" and yet I still choose the wrong entry. I miss the timing on a lot of entries and what not. I feel as though I am making progress. How could I master something within anything less than 10,000 hours of perfect practice? I appreciate your thoughts and considerations take them all seriously.
I get faked out many times

No.
Not faked out.
No one knows in advance what trades will win or lose.

yet I still choose the wrong entry

A loss does not mean you chose wrong.
A wrong entry would mean you entered at a level other than today's highest/lowest H1 open, entered in wrong direction or broke a rule.


I miss the timing on a lot of entries and what not

That is because you are trading more than one pair.
You are not focused.
When you first learn how to shoot a gun, how many targets do you aim at?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,900
  • Jun 6, 2016 10:24am Jun 6, 2016 10:24am
BE+1
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