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Highest Open / Lowest Open Trade

  • #2,681
  • Jun 29, 2016 10:28am Jun 29, 2016 10:28am
Quoting TooSlow
{quote} That is half of it. A bar making a NEW DAILY HIGH/DAILY LOW is a BREAKOUT BAR. Reverse entries on breakout bars are highly risky.
Thank you Hornet and Too Slow! This is a big help! I was only looking at breakout bars in the context of yesterday's high/low and not today's developing Hi/Lo.

Thank you!!
  • #2,682
  • Jun 29, 2016 10:33am Jun 29, 2016 10:33am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,683
  • Jun 29, 2016 10:35am Jun 29, 2016 10:35am
Quoting MichaelG
Hi TooSlow, I have been through all the posts on your thread, and I am reasonably confident that I have a grip on this strategy. That's not to say that I am an expert, but simply that I feel I understand the strategy according to the rules. Thankyou. I notice throughout the thread, that there are a lot of "similar" styled questions being asked, and I wonder if I might be able to assist some traders in posting some "visual" explanations that relate directly to the rules. That may also reduce the duplication of questions that you have to respond to....
Welcome MichaelG.
Please do not hesitate to add to the thread.
Thank you for posting.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,684
  • Jun 29, 2016 10:36am Jun 29, 2016 10:36am
Quoting MichaelG
{quote} Hi TooSlow, I am new to this thread, and because I haven't posted much, all my posts go through the moderators first, so you probably missed my post #2636 in which I am offering to post some "visual" representations of the rules. If you OK that request, I will put something up tomorrow. (I am in Australia, so it's quiet during the Asian session on the thread) Kind regards. Michael
Yes.
It is OK to post your charts.
Thank you.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,685
  • Jun 29, 2016 10:49am Jun 29, 2016 10:49am
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How many profitable entries can you count?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,686
  • Jun 29, 2016 10:52am Jun 29, 2016 10:52am
"More or better market analysis is not the solution to his trading difficulties or lack of consistent results. It is attitude and “state of mind” that determine his results. A winner’s mindset means learning how to think in probabilities."



https://facelesstrader.wordpress.com...-mark-douglas/
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,687
  • Jun 29, 2016 10:55am Jun 29, 2016 10:55am
Quoting TooSlow
{image} How many profitable entries can you count?
USDCAD has been very nice to me lately
  • #2,688
  • Jun 29, 2016 11:08am Jun 29, 2016 11:08am
Quoting wannalearn12
{quote} USDCAD has been very nice to me lately
The answer is a number.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,689
  • Jun 29, 2016 11:13am Jun 29, 2016 11:13am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,690
  • Jun 29, 2016 11:23am Jun 29, 2016 11:23am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,691
  • Jun 29, 2016 11:35am Jun 29, 2016 11:35am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,692
  • Jun 29, 2016 11:54am Jun 29, 2016 11:54am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,693
  • Jun 29, 2016 12:07pm Jun 29, 2016 12:07pm
To sloow i have found the mistake in the end thanc you very very much God blest you last results for some trades...
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  • #2,694
  • Jun 29, 2016 1:05pm Jun 29, 2016 1:05pm
Quoting mizi123
To sloow i have found the mistake in the end thanc you very very much God blest you last results for some trades... {image}
I do not understand
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,695
  • Jun 29, 2016 1:16pm Jun 29, 2016 1:16pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,696
  • Jun 29, 2016 1:33pm Jun 29, 2016 1:33pm
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Rule #1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,697
  • Jun 29, 2016 1:56pm Jun 29, 2016 1:56pm
Quoting TooSlow
{image} Rule #1
The last bar on this chart you called breakout bar, but it is not closed on H1 tf
  • #2,698
  • Jun 29, 2016 1:58pm Jun 29, 2016 1:58pm
Quoting safrash
{quote} The last bar on this chart you called breakout bar, but it is not closed on H1 tf
May we see your history from account, on the charts not possible see profitable orders. This is my history from 20.06.2016
Profit for 10 days about 20%
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  • #2,699
  • Jun 29, 2016 2:00pm Jun 29, 2016 2:00pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,700
  • Jun 29, 2016 2:01pm Jun 29, 2016 2:01pm
Quoting safrash
{quote} May we see your history from account, on the charts not possible see profitable orders
No.
You must be able to determine profitable trades on your own.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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