Highest Open / Lowest Open Trade

please correct me if i'am wrong, just to make sure with picture.....

That is not the proper entry.
The entry is buying at the lowest H1 open or selling at the highest H1 open.
Use the template and indicator provided.

Aud News Red half hour

Wowzas :o

Stopped BE+1

Stopped BE+1

closed for -3

Waiting

Closed for +6

Waiting for these

Sold both GBP
GBPUSD closed BE+1 GBPJPY closed -5

TS challenged people to take 10 trades and show their results ... why has nobody done so??
Are the results not good enough??

Idle hands led me to add extra column to the screen showing %adr of current day.

J.

Another go at GBPUSD

I've only just started experimenting, it will take a while......
My considerations so far are:

1. it is a simple and fascinating way to trade - but very fast
2. it can lead to consistent results - but needs time
3. rules are clear and make sense - but lots of nuances
4. the moves are really quick so there cannot be any lapse in attention - (would it work on HTF ? probably yes)


Conclusions:
I like it, can lead to good results but it is not for everyone. I especially like the fact that it is all based on price movements, no PA, no Indicators whatsoever.
Just price and horizontal lines, it could work on S&R areas as well - but will test later, after I understand a bit more.

These 2 turned out nice finally
GU +26 and GY +24

Hornet...
Good to get your response (still waiting for others to show results!!), and well done on the GBP.

I too like the simplicity and lack of indicators but for me it require too much intense screen time.
If I could only find something similar without the screen time then that would be great.

J.

As I said before, no lapses of attention allowed.
What this gives you is the opportunity to take trades anytime you want, does not mean that you have to stay at the screens the whole time, does it?
You could look at applying the same methodology using 4h for lines and 1h for entries, experiment and try to find a fit, maybe you can make it work that way.
Keep in mind that horizontal lines and price is all you need to trade. At whatever level or whatever timeframe.

Have a look at this thread as well (I hope TooSlow doesn't get his knickers in a twist about me "spamming" his thread )
http://www.forexfactory.com/showthread.php?t=544894

It is weird how good threads like this one and the one I shared above end up with little participations.
People tend to make things complicated. (I wonder if it because that way they can fill their mouths with big concepts and analysis).

Missed this very good UY

Look at that sell top left at 1.1369

and obvioulsy USDCHF bottom left

Can not trade much today and took only a tiny trade on GBPUSD short that gave me 1 pip.

Will probably be a good day to trade today as we are going through the full daily ranges on some pairs.