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Highest Open / Lowest Open Trade

  • #2,461
  • Jun 22, 2016 8:32am Jun 22, 2016 8:32am
Quoting TooSlow
{image} Now, can anyone tell me what's "wrong" with this picture?
The weekly momentum is down and longs are riskier?
  • #2,462
  • Jun 22, 2016 8:49am Jun 22, 2016 8:49am
Quoting courier12
{quote} The weekly momentum is down and longs are riskier?
No.

Do not analyze the chart.
What is wrong is not something you think.
Look at the chart.
What is wrong is something you see or do not see.
What is wrong is something that occurred or failed to occur.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,463
  • Jun 22, 2016 8:51am Jun 22, 2016 8:51am
Attached Image (click to enlarge)
Click to Enlarge Name: tooslow1.png Size: 45 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,464
  • Jun 22, 2016 8:55am Jun 22, 2016 8:55am
Quoting TooSlow
{image} Now, can anyone tell me what's "wrong" with this picture?
no
The quality of your life is brought about by the quality of your thinking.
  • #2,465
  • Jun 22, 2016 9:55am Jun 22, 2016 9:55am
Quoting hornet
{quote} no
Hornet, you are not making an attempt.
What is wrong with that picture?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,466
  • Jun 22, 2016 10:05am Jun 22, 2016 10:05am
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,467
  • Jun 22, 2016 10:10am Jun 22, 2016 10:10am
Attached Image (click to enlarge)
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Rule #1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,468
  • Jun 22, 2016 10:17am Jun 22, 2016 10:17am
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,469
  • Jun 22, 2016 10:36am Jun 22, 2016 10:36am
Short on Ger30, 10 lots $250 TP.
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #2,470
  • Jun 22, 2016 10:43am Jun 22, 2016 10:43am
Hello TooSlow
Does this system works on daily or H4 time frames because I work during the day?
Which trading session are you using (Asian, London, NY)?
Thanks
Merka
  • #2,471
  • Jun 22, 2016 11:57am Jun 22, 2016 11:57am
Quoting TooSlow
{image} Now, can anyone tell me what's "wrong" with this picture?
There is GAP, maybe.
  • #2,472
  • Jun 22, 2016 12:18pm Jun 22, 2016 12:18pm
Quoting Merka
Hello TooSlow Does this system works on daily or H4 time frames because I work during the day? Which trading session are you using (Asian, London, NY)? Thanks Merka
It works well on any time frame. Test it out on a Demo and report your findings with screenshots. I am curious. I bet the four hour yields a lot of profit. Maybe I do this currently as well? Who knows, not me. Too Slow has been quoted to trade the NY Session and take a break when the boys go to lunch.
  • #2,473
  • Jun 22, 2016 12:54pm Jun 22, 2016 12:54pm
Quoting TooSlow
{image} Now, can anyone tell me what's "wrong" with this picture?
Is is something to do with Last week's low like you have yesterday low on the daily and H1 charts so also u have last week's low on this week/daily chart?
  • #2,474
  • Jun 22, 2016 1:05pm Jun 22, 2016 1:05pm
Quoting skljsklj1
{quote} There is GAP, maybe.
YES

Weekly gap.
This week opened below last week's close.
Gaps fill.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,475
  • Jun 22, 2016 1:06pm Jun 22, 2016 1:06pm
Quoting Merka
Hello TooSlow Does this system works on daily or H4 time frames because I work during the day? Which trading session are you using (Asian, London, NY)? Thanks Merka
You can trade daily by looking at highest/lowest daily open.
Didn't I post about that last week or so?
Usually trade the last part of London and first half of NY.
Sometimes, I may trade the Asian session but I look for breakouts during the Asian session.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,476
  • Jun 22, 2016 1:08pm Jun 22, 2016 1:08pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 47 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,477
  • Jun 22, 2016 1:20pm Jun 22, 2016 1:20pm
Quoting TooSlow
{quote} YES Weekly gap. This week opened below last week's close. Gaps fill.
Wuhuuuuuuuuuuuuuuu
  • #2,478
  • Jun 22, 2016 1:25pm Jun 22, 2016 1:25pm
Attached Image (click to enlarge)
Click to Enlarge Name: tooslow1.png Size: 39 KB


What's wrong with this picture?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,479
  • Jun 22, 2016 2:04pm Jun 22, 2016 2:04pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 48 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,480
  • Jun 22, 2016 2:54pm Jun 22, 2016 2:54pm
Quoting TooSlow
{quote} YES Weekly gap. This week opened below last week's close. Gaps fill.
they fill in what way?
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