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Highest Open / Lowest Open Trade

  • #3,121
  • Jul 8, 2016 7:55am Jul 8, 2016 7:55am
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Let's play again.

Next stop is...?

1.31000
1.29000
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,122
  • Jul 8, 2016 8:02am Jul 8, 2016 8:02am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,123
  • Jul 8, 2016 8:09am Jul 8, 2016 8:09am
Quoting TooSlow
{image} Look to the left. Describe your observation. HINT: Bar[8]
Everytime the PA hit that point on the chart it reversed.
  • #3,124
  • Jul 8, 2016 8:12am Jul 8, 2016 8:12am
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Can M1 be deployed?
Do not be fooled.
Price does not change when you change your chart period.
The highest H1 open is still the highest H1 open.
The lowest H1 open is still the lowest H1 open.
All you are doing as a trader is determining when/where to enter/exit.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,125
  • Jul 8, 2016 8:15am Jul 8, 2016 8:15am
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Were you Short this bar?
Were you Long this bar?
Both?
Neither?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,126
  • Jul 8, 2016 8:17am Jul 8, 2016 8:17am
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  • #3,127
  • Jul 8, 2016 8:19am Jul 8, 2016 8:19am
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be+1?
Be+5?
Sl?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,128
  • Jul 8, 2016 8:21am Jul 8, 2016 8:21am
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The highest H1 open is above yesterday's high.
Trade or no trade?

Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.

"Successful people ask better questions, and as a result, they get better answers." - Tony Robbins
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,129
  • Jul 8, 2016 8:36am Jul 8, 2016 8:36am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,130
  • Jul 8, 2016 8:47am Jul 8, 2016 8:47am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,131
  • Jul 8, 2016 8:48am Jul 8, 2016 8:48am
Quoting TooSlow
{image} The highest H1 open is above yesterday's high. Trade or no trade? Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas. "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins
no trade.
  • #3,132
  • Jul 8, 2016 8:51am Jul 8, 2016 8:51am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,133
  • Jul 8, 2016 8:51am Jul 8, 2016 8:51am
Quoting wannalearn12
{quote} no trade.
What is the reason for your answer of "no trade"?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,134
  • Jul 8, 2016 9:01am Jul 8, 2016 9:01am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,135
  • Jul 8, 2016 9:17am Jul 8, 2016 9:17am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,136
  • Jul 8, 2016 9:24am Jul 8, 2016 9:24am
Quoting TooSlow
{quote} What is the reason for your answer of "no trade"?
after a breakout I leave the pairs. Always another trade
  • #3,137
  • Jul 8, 2016 9:42am Jul 8, 2016 9:42am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,138
  • Jul 8, 2016 9:57am Jul 8, 2016 9:57am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,139
  • Jul 8, 2016 10:01am Jul 8, 2016 10:01am
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Rule #1 - Caution
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,140
  • Jul 8, 2016 10:06am Jul 8, 2016 10:06am
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Rule #1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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