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Highest Open / Lowest Open Trade

  • #3,161
  • Jul 11, 2016 7:14am Jul 11, 2016 7:14am
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  • #3,162
  • Jul 11, 2016 7:19am Jul 11, 2016 7:19am
"...It is practically impossible to learn a domain deeply enough to make a change in it without dedicating all of ones attention to it..."

– Mihaly Csikszentmihalyi
from Creativity
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,163
  • Jul 11, 2016 7:24am Jul 11, 2016 7:24am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,164
  • Jul 11, 2016 7:25am Jul 11, 2016 7:25am
Quoting alexforex541
{image}
I'm sorry for noob question but I'm trying to get used to the method. Isn't it too early to place your orders ? I mean the new open-high has just occurred at the previous bar.

Thank you
  • #3,165
  • Jul 11, 2016 7:26am Jul 11, 2016 7:26am
And start trailing.....
Thank you Too Slow your system is working fine
Alex
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  • #3,166
  • Jul 11, 2016 7:39am Jul 11, 2016 7:39am
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  • #3,167
  • Jul 11, 2016 7:42am Jul 11, 2016 7:42am
Quoting TooSlow
{image} {image}
i reckon....yen is not suitable for short ..IMHO
Say something meaningful or Silence!!
  • #3,168
  • Jul 11, 2016 7:50am Jul 11, 2016 7:50am
Quoting rmitsos
{quote} I'm sorry for noob question but I'm trying to get used to the method. Isn't it too early to place your orders ? I mean the new open-high has just occurred at the previous bar. Thank you
Yes mate it was a bit early but it was my chance I see GBP was loosing strenght and take a trade
also we got the highest high candle start reversing so this is why
I know its a bit high risk but i take a chance and with 20 trailing stop I score around 220 pips
thanks to tooslow
All the best
Alex
Stay GREEN my friends........
  • #3,169
  • Jul 11, 2016 7:51am Jul 11, 2016 7:51am
GY
This was second entry today. First one got BE+1
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The quality of your life is brought about by the quality of your thinking.
  • #3,170
  • Jul 11, 2016 8:03am Jul 11, 2016 8:03am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,171
  • Jul 11, 2016 8:05am Jul 11, 2016 8:05am
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  • #3,172
  • Jul 11, 2016 8:08am Jul 11, 2016 8:08am
Quoting alexforex541
{quote} Yes mate it was a bit early but it was my chance I see GBP was loosing strenght and take a trade also we got the highest high candle start reversing so this is why I know its a bit high risk but i take a chance and with 20 trailing stop I score around 220 pips thanks to tooslow All the best Alex
Thank you for the explanation Alex, that was a perfect move !
  • #3,173
  • Jul 11, 2016 8:11am Jul 11, 2016 8:11am
Quoting alexforex541
And start trailing..... Thank you Too Slow your system is working fine Alex {image} {image}
alexforex541, you are trading fine.
Well done
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,174
  • Jul 11, 2016 8:15am Jul 11, 2016 8:15am
Quoting TooSlow
{quote} alexforex541, you are trading fine. Well done
Thank you mate it was a lucky move
cheers
Alex
Stay GREEN my friends........
  • #3,175
  • Jul 11, 2016 8:16am Jul 11, 2016 8:16am
New highest high candle again....
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  • #3,176
  • Jul 11, 2016 8:19am Jul 11, 2016 8:19am
Sell stop is placed....
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  • #3,177
  • Jul 11, 2016 8:28am Jul 11, 2016 8:28am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,178
  • Jul 11, 2016 8:30am Jul 11, 2016 8:30am
sell stop is hit I move my stop loss to highest high
will see what happening ....
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  • #3,179
  • Jul 11, 2016 8:33am Jul 11, 2016 8:33am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,180
  • Edited 8:49am Jul 11, 2016 8:39am | Edited 8:49am
Quoting TooSlow
{image}
Looks good...
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