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Highest Open / Lowest Open Trade

  • #3,221
  • Jul 12, 2016 7:58am Jul 12, 2016 7:58am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,222
  • Jul 12, 2016 8:11am Jul 12, 2016 8:11am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,223
  • Jul 12, 2016 9:08am Jul 12, 2016 9:08am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,224
  • Jul 12, 2016 10:01am Jul 12, 2016 10:01am
Franklin’s five-hour rule reflects the very simple idea that, over time, the smartest and most successful people are the ones who are constant and deliberate learners.

https://medium.com/the-mission/why-c...da1#.yzv2mcw4l
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,225
  • Jul 12, 2016 10:02am Jul 12, 2016 10:02am
The 7 Differences Between Professionals and Amateurs

https://medium.com/@jeffgoins/the-7-...c61#.l2g9j0sn9
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,226
  • Jul 12, 2016 10:06am Jul 12, 2016 10:06am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,227
  • Jul 12, 2016 10:36am Jul 12, 2016 10:36am
Quoting TooSlow
{image}
TooSlow

Did you take the EJ ?
  • #3,228
  • Jul 12, 2016 10:45am Jul 12, 2016 10:45am
Quoting rmitsos
{quote} TooSlow Did you take the EJ ?
Not sure what you are asking.
The trade setup was there.
The only question for you is did you take it?
If not, why not?
Focus on what is important to you.
Focus on what is essential to you.
Everything else is a distraction.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,229
  • Jul 12, 2016 10:48am Jul 12, 2016 10:48am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,230
  • Jul 12, 2016 11:03am Jul 12, 2016 11:03am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,231
  • Jul 12, 2016 11:07am Jul 12, 2016 11:07am
Quoting TooSlow
{image}
TooSlow, excuse me but I don't follow. You show sometimes chart at M5 and some others at H1. What is your take on entering a trade based on H1 chart? Is it more precise as I am thinking?

Regards,
archishard
  • #3,232
  • Jul 12, 2016 11:21am Jul 12, 2016 11:21am
Quoting archishard
{quote} TooSlow, excuse me but I don't follow. You show sometimes chart at M5 and some others at H1. What is your take on entering a trade based on H1 chart? Is it more precise as I am thinking? Regards, archishard
archishard, have you read much of this thread?
How many times have I posted that changing chart period has no effect on the market?
Entering at the highest/lowest H1 open price is the only precision required.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,233
  • Jul 12, 2016 12:10pm Jul 12, 2016 12:10pm
Quoting archishard
{quote} TooSlow, excuse me but I don't follow. You show sometimes chart at M5 and some others at H1. What is your take on entering a trade based on H1 chart? Is it more precise as I am thinking? Regards, archishard
Archishard, MichaelG (another FF member) did and excellent step by step description of your question on #post2,714 ( http://www.forexfactory.com/showthre...58#post9007658 )
Regards

Jack
  • #3,234
  • Jul 12, 2016 12:34pm Jul 12, 2016 12:34pm
Quoting alexforex541
{quote} Thank you Mate But I`m steel learning and always will bee.... It`s been a long way learning to got this kind of result but keep going like you sad A TRAIN...... All the best Alex
Hi Alex,

I would also like to congratulate on your perfect results ! I hope you'll keep going like this.

I've got also a question? Could you share how u trade? I took a look at some of your trades posted on your trade explorer and it seems to me that you trade a bit differently than the rules set out at this thread (for instance here: http://www.forexfactory.com/showthre...58#post9007658)

Kind regards
Paweł
  • #3,235
  • Jul 12, 2016 1:09pm Jul 12, 2016 1:09pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,236
  • Jul 12, 2016 2:14pm Jul 12, 2016 2:14pm
Hello everyone. I registered today and this is my first post I want to thank TooSlow for this awesome method and everyone else who has contributed to this thread. Still reading the thread and I think now I have a good idea of what to do and what not to do. But I guess I should practice the method until it becomes a second nature

Today I didn't find any good setups. Is it just me?
  • #3,237
  • Jul 12, 2016 2:28pm Jul 12, 2016 2:28pm
Quoting MichaelG
Hi All, I wanted to try to help explain the entry process in a "visual" fashion that may (or may not) be of assistance to some traders. This is a series of charts looking at each step in the process of identifying possible setups, identifying actual valid setups, and activating the trade. There are notations on each chart....starting with the H1....and ending at the M15. I am specifically looking at a SELL trade in this example. The EXACT REVERSE will be true for a BUY trade. I trust this will be of assistance. Regards Michael {image} In the above...
Hi Michael
Thank you for explaining, what you recommend in this case
We have no interesting area
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  • #3,238
  • Jul 12, 2016 2:34pm Jul 12, 2016 2:34pm
Quoting TooSlow
{image} {image}
Hi TooSlow
I repaired my laptop amd could not follow thread and trade. So I understood system is trading on reversal of main movement, correct? Mean you don't trade by trade, omly reverses
  • #3,239
  • Jul 12, 2016 3:12pm Jul 12, 2016 3:12pm
Quoting safrash
{quote} Hi Michael Thank you for explaining, what you recommend in this case We have no interesting area {image}
Hi Safrash

In this case just wait. You already missed the entry point.
The area of interest was between "D1[0] Low" and "H1[9] Lower Open".
Wait for a new setup to be formed.
The hard part of this strategy is to "wait".
When you got the opportunity, you must be fast and enter exactly on the "Line".
This entry could be "H1[...] Lower Open" or "H1[...] Higher Open" depending on the setup.

Cheers.
Merka
  • #3,240
  • Jul 12, 2016 3:48pm Jul 12, 2016 3:48pm
Quoting SlownSteadyy
Hello everyone. I registered today and this is my first post I want to thank TooSlow for this awesome method and everyone else who has contributed to this thread. Still reading the thread and I think now I have a good idea of what to do and what not to do. But I guess I should practice the method until it becomes a second nature Today I didn't find any good setups. Is it just me?
There were plenty of setups on eurjpy and usdcad.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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