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Highest Open / Lowest Open Trade

  • #2,601
  • Jun 27, 2016 11:19am Jun 27, 2016 11:19am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,602
  • Jun 27, 2016 11:34am Jun 27, 2016 11:34am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,603
  • Jun 27, 2016 11:46am Jun 27, 2016 11:46am
Quoting TooSlow
{image}
Nice take I was on it .
  • #2,604
  • Jun 27, 2016 11:48am Jun 27, 2016 11:48am
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Here is a shot of the 15m. I am thinking it's going to hit that 102 price level again and bounce off let's get some pips
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  • #2,605
  • Jun 27, 2016 12:00pm Jun 27, 2016 12:00pm
Popular threads attract newcomers.
Some newcomers seek to learn.
Some newcomers seek to disrupt.
Some newcomers seek to warn others and protect newbies.
Some newcomers offer advice without taking the time to learn the method.

Members of the first group are welcome.
Members of the second group get ignored.
The last 2 groups amuse me.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,606
  • Jun 27, 2016 12:07pm Jun 27, 2016 12:07pm
Quoting TooSlow
Popular threads attract newcomers. Some newcomers seek to learn. Some newcomers seek to disrupt. Some newcomers seek to warn others and protect newbies. Some newcomers offer advice without taking the time to learn the method. Members of the first group are welcome. Members of the second group get ignored. The last 2 groups amuse me.
Some of the thread posts are the equivalent of YouTube comments. You could actually contract cancer from some. You're a funny human Too Slow, if that's what you identify as of course - never know these days
  • #2,607
  • Jun 27, 2016 12:17pm Jun 27, 2016 12:17pm
Quoting wannalearn12
{quote} Some of the thread posts are the equivalent of YouTube comments. You could actually contract cancer from some. You're a funny human Too Slow, if that's what you identify as of course - never know these days
Identify as?
That is PC nonsense.
A rose is a rose.
Nice to know I inject some humor into your life..
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,608
  • Jun 27, 2016 12:18pm Jun 27, 2016 12:18pm
The following may be a little intense for some readers:

https://boldanddetermined.com/how-to...-start-winning
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,609
  • Jun 27, 2016 12:49pm Jun 27, 2016 12:49pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,610
  • Jun 27, 2016 3:23pm Jun 27, 2016 3:23pm
tooslow.. which TRO indicator do you have on the charts?

I have a TRO HOLO one but it;s not the same.

I'll dodge over to kreslik see if I can find it if you have the name.
  • #2,611
  • Jun 28, 2016 2:02am Jun 28, 2016 2:02am
Hello TooSlow
I didn't understand clearly your technique.
You posted many H1 charts but yours entries or exits are always on the same H1 chart or you are drilling down to M30 or M15 or M5 etc....?
I'm asking this because some traders took decisions based on one chart but their real entries or exits are happening on other TF charts that are usually lower TF.

I'm still reading old posts but little by little more questions will arise.

Regards
Merka
  • #2,612
  • Jun 28, 2016 7:19am Jun 28, 2016 7:19am
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Rule #1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,613
  • Jun 28, 2016 7:31am Jun 28, 2016 7:31am
Quoting Merka
Hello TooSlow I didn't understand clearly your technique. You posted many H1 charts but yours entries or exits are always on the same H1 chart or you are drilling down to M30 or M15 or M5 etc....? I'm asking this because some traders took decisions based on one chart but their real entries or exits are happening on other TF charts that are usually lower TF. I'm still reading old posts but little by little more questions will arise. Regards Merka
Welcome Merka.

There is a widespread misconception amongst far too many traders.
They are mistaken about what different time frames represent.
They are also mistaken about trading on different time frames.

First, changing chart time frames has no affect at all on the market.
The price does not change when you change time frames.
All that changes is how much price history you are viewing.
Think of it like a zoom lens on a camera.
When you zoom out, you get a wider, higher picture.
When you zoom in, you get a narrower picture.

Secondly, for this method, once the highest/lowest H1 open lines are marked time frame is irrelevant.
You could watched monthly charts if you wanted.
Because price moves up and down the same on all chart time frames.

If you desire to become successful at trading, you will have to let go of false beliefs and false assumptions.
You must embrace reality and eschew fallacies.
Failure to do so will result in your demise as a trader.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,614
  • Jun 28, 2016 7:39am Jun 28, 2016 7:39am
Hi TooSlow. How you have time to close half position and move SL to BE+1? I mean, market is fast, and while I closing half position it can easly go down (if I am long) and I am then too late to move my SL to BE+1.
You understand what I ask?
Thank you.
  • #2,615
  • Jun 28, 2016 7:48am Jun 28, 2016 7:48am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,616
  • Jun 28, 2016 7:49am Jun 28, 2016 7:49am
Quoting skljsklj1
Hi TooSlow. How you have time to close half position and move SL to BE+1? I mean, market is fast, and while I closing half position it can easly go down (if I am long) and I am then too late to move my SL to BE+1. You understand what I ask? Thank you.
There are two kinds of traders - the quick and the dead.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,617
  • Jun 28, 2016 8:01am Jun 28, 2016 8:01am
Quoting TooSlow
{quote} There are two kinds of traders - the quick and the dead. {image} {image}
I must to train my speed then!
  • #2,618
  • Jun 28, 2016 8:25am Jun 28, 2016 8:25am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,619
  • Jun 28, 2016 8:27am Jun 28, 2016 8:27am
Quoting skljsklj1
Hi TooSlow. How you have time to close half position and move SL to BE+1? I mean, market is fast, and while I closing half position it can easly go down (if I am long) and I am then too late to move my SL to BE+1. You understand what I ask? Thank you.
TP is set before it is reached.
Move stop when TP triggered
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,620
  • Jun 28, 2016 8:34am Jun 28, 2016 8:34am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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