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Highest Open / Lowest Open Trade

  • #3,601
  • Jul 17, 2016 7:22pm Jul 17, 2016 7:22pm
Quoting mike_g
{quote} and this would be my answer. waiting for a feedback til i get it right. {image}
i will just leave the m5 and m15. thanks.
  • #3,602
  • Jul 17, 2016 7:24pm Jul 17, 2016 7:24pm
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,603
  • Jul 17, 2016 7:42pm Jul 17, 2016 7:42pm
Quoting mike_g
{quote} i will just leave the m5 and m15. thanks.
You only need one.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,604
  • Jul 17, 2016 8:06pm Jul 17, 2016 8:06pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,605
  • Jul 17, 2016 8:37pm Jul 17, 2016 8:37pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,606
  • Jul 17, 2016 8:45pm Jul 17, 2016 8:45pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,607
  • Jul 17, 2016 8:58pm Jul 17, 2016 8:58pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,608
  • Jul 17, 2016 9:00pm Jul 17, 2016 9:00pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,609
  • Jul 17, 2016 9:09pm Jul 17, 2016 9:09pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,610
  • Jul 17, 2016 9:14pm Jul 17, 2016 9:14pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,611
  • Jul 17, 2016 9:16pm Jul 17, 2016 9:16pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,612
  • Jul 17, 2016 9:18pm Jul 17, 2016 9:18pm
How many trades per day would you like to average?

How many pips per trade would you like to average?

I am curious.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,613
  • Jul 17, 2016 9:25pm Jul 17, 2016 9:25pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,614
  • Jul 17, 2016 9:30pm Jul 17, 2016 9:30pm
Please understand there is a difference between statistics and probabilities.

statistics

1: a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data
2: a collection of quantitative data

probability

  1. : the chance that something will happen
  2. : something that has a chance of happening
  3. : a measure of how often a particular event will happen if something (such as tossing a coin) is done repeatedly


Statistics = the past.
Probability = the future.

My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,615
  • Jul 17, 2016 9:34pm Jul 17, 2016 9:34pm
M1 highest open >= M5 highest open >= M15 highest open >= M30 highest open >= H1 highest open >= H4 highest open

M1 lowest open <= M5 lowest open <= M15 lowest open <= M30 lowest open <= H1 lowest open <= H4 lowest open

How can you use this information to decide whether price is going up or going down?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,616
  • Jul 17, 2016 9:41pm Jul 17, 2016 9:41pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,617
  • Jul 17, 2016 9:56pm Jul 17, 2016 9:56pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,618
  • Jul 17, 2016 9:58pm Jul 17, 2016 9:58pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,619
  • Jul 17, 2016 9:59pm Jul 17, 2016 9:59pm
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M1 highest open >= M5 highest open >= M15 highest open >= M30 highest open >= H1 highest open >= H4 highest open

M1 lowest open <= M5 lowest open <= M15 lowest open <= M30 lowest open <= H1 lowest open <= H4 lowest open

How can you use this information to decide whether price is going up or going down?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,620
  • Jul 17, 2016 10:02pm Jul 17, 2016 10:02pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 43 KB


What's "wrong" with this picture?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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