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Highest Open / Lowest Open Trade

  • #3,361
  • Jul 13, 2016 3:05pm Jul 13, 2016 3:05pm
How many of you have actually read Post #1?
How many of you have actually read Post #1 more than once?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,362
  • Jul 13, 2016 3:12pm Jul 13, 2016 3:12pm
Ok. I think I get it. The wick has to penetrate the higher open.
Quoting TooSlow
How many of you have actually read Post #1? How many of you have actually read Post #1 more than once?
  • #3,363
  • Jul 13, 2016 4:01pm Jul 13, 2016 4:01pm
Quoting countpips
Ok. I think I get it. The wick has to penetrate the higher open. {quote}
Where did you read about wicks on this thread?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,364
  • Jul 13, 2016 4:04pm Jul 13, 2016 4:04pm
I searched this thread for the word wicks.
5 hits ( before this post ).
Nothing in the rules about wicks.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,365
  • Jul 13, 2016 4:09pm Jul 13, 2016 4:09pm
My fault. I'm getting wicks and price confused, but thanks for the input. I'l go back through and re-read the thread.
Quoting TooSlow
{quote} Where did you read about wicks on this thread?
  • #3,366
  • Jul 13, 2016 4:14pm Jul 13, 2016 4:14pm
Quoting countpips
My fault. I'm getting wicks and price confused, but thanks for the input. I'l go back through and re-read the thread. {quote}
Please post your answers to the questions.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,367
  • Jul 13, 2016 4:20pm Jul 13, 2016 4:20pm
Quoting TooSlow
{quote} Please post your answers to the questions.
TooSloow

To manage an open position , do you use a script or an EA to manage TP SL and trailing TP, or do you manage it manually ?
trying to make everyday the best risk/reward decisions possible
  • #3,368
  • Jul 13, 2016 4:30pm Jul 13, 2016 4:30pm
Welcome new readers.
This is a friendly thread.
It is OK to ask questions but please read the thread first.
Maybe someone could assemble a FAQ document and I can post it in Post #1.
A warning and a suggestion, please leave what you know behind.
Be open to learning something new and perhaps different.
Do not try to compare and contrast this method to others.
It stands on its own merits.
Failure to leave the old behind will only retard your learning.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,369
  • Jul 13, 2016 7:24pm Jul 13, 2016 7:24pm
is this right? well, this is asian session. im just trying to check if i understood the concept. may trade this method on london session.
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  • #3,370
  • Jul 13, 2016 7:48pm Jul 13, 2016 7:48pm
Quoting mike_g
is this right? well, this is asian session. im just trying to check if i understood the concept. may trade this method on london session. {image}
Hi Mike,
I think you may have missed a couple of things. No problem.
You may find this post I did a couple of weeks ago helpful.

Cheers

http://www.forexfactory.com/showthre...58#post9007658
  • #3,371
  • Jul 13, 2016 8:01pm Jul 13, 2016 8:01pm
i only took that right at the h1. i may have entered too early and not wait for a retrace to the highest h1 open. thanks. i'll just follow that visual explanation of yours.
  • #3,372
  • Edited Jul 14, 2016 7:27am Jul 13, 2016 10:19pm | Edited Jul 14, 2016 7:27am
Quoting TooSlow
Welcome new readers. This is a friendly thread. It is OK to ask questions but please read the thread first. Maybe someone could assemble a FAQ document and I can post it in Post #1. A warning and a suggestion, please leave what you know behind. Be open to learning something new and perhaps different. Do not try to compare and contrast this method to others. It stands on its own merits. Failure to leave the old behind will only retard your learning. {image}
Hi TooSlow,
I have put this together in response to your suggestion. This incorporates some of the information from some of the posts I have made, and also includes some Q&A's in there. It's in a word doc, so if it needs to be changed, I can do that if it fits in with what you were thinking.
Cheers

EDIT. .Updated. Small changes to text made at TooSlow's request.

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File Type: doc HOLO THE RULES.doc   1.7 MB | 1,933 downloads
  • #3,373
  • Jul 14, 2016 12:12am Jul 14, 2016 12:12am
do you have that price overlay about the stop loss movement? i think i saw that on one of the pix posted here.
  • #3,374
  • Jul 14, 2016 12:20am Jul 14, 2016 12:20am
entered late again. second trade, no losses. i have all day to practice. thank you so much @TooSlow for sharing this.
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  • #3,375
  • Edited 12:35am Jul 14, 2016 12:24am | Edited 12:35am
Good morning friends my 1st trade for today. I entered because of rules are acompilished and room up allredy executed...
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  • #3,376
  • Jul 14, 2016 12:41am Jul 14, 2016 12:41am
Quoting MichaelG
{quote} Hi TooSlow, I have put this together in response to your suggestion. This incorporates some of the information from some of the posts I have made, and also includes some Q&A's in there. It's in a word doc, so if it needs to be changed, I can do that if it fits in with what you were thinking. Cheers {file}
Ooouuu Michel you have done exellent job BRAVO i em keep reading these
  • #3,377
  • Jul 14, 2016 12:41am Jul 14, 2016 12:41am
Quoting MichaelG
{quote} Hi TooSlow, I have put this together in response to your suggestion. This incorporates some of the information from some of the posts I have made, and also includes some Q&A's in there. It's in a word doc, so if it needs to be changed, I can do that if it fits in with what you were thinking. Cheers {file}
Good morning
Thanks Michael !!! Good
  • #3,378
  • Jul 14, 2016 12:51am Jul 14, 2016 12:51am
Quoting mike_g
do you have that price overlay about the stop loss movement? i think i saw that on one of the pix posted here.
Hi Mike,
I'm guessing you might be referring to the Trading Troll EA that WannaLearn posted on post 2994? It's a cute little EA that will move your stops and/or take partial profits. If that is it, I did a bit of a "how to" on my post 3021 to explain the settings. I posted a link to a couple of videos a number of posts after that but I'm not sure of which one.
Sorry, but I am in a bit of a hurry.
Let me know if that's not it and I will try and help out.
Cheers
  • #3,379
  • Jul 14, 2016 1:17am Jul 14, 2016 1:17am
Good morning guys
some of my trades from last night...
how everybody doing?
cheers
Alex
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Stay GREEN my friends........
  • #3,380
  • Jul 14, 2016 3:13am Jul 14, 2016 3:13am
Quoting alexforex541
Good morning guys some of my trades from last night... how everybody doing? cheers Alex {image} {image}

Hi Alex,

Can you share the H4 Support indicator? I been try to look for this for a while. Thank you.
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