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Highest Open / Lowest Open Trade

  • #3,741
  • Jul 18, 2016 5:03pm Jul 18, 2016 5:03pm
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,742
  • Jul 18, 2016 5:11pm Jul 18, 2016 5:11pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,743
  • Jul 18, 2016 5:15pm Jul 18, 2016 5:15pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,744
  • Jul 18, 2016 5:39pm Jul 18, 2016 5:39pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,745
  • Jul 18, 2016 5:40pm Jul 18, 2016 5:40pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,746
  • Jul 18, 2016 6:06pm Jul 18, 2016 6:06pm
Quoting TooSlow
{quote} You are making an assumption. What is the name of this thread? {image}
Highest Open/Lowest Open trade.

For many weeks your strategy was based on H1 but suddenly last week you started to introduce H4, M5 etc.. lines on your indicator. This mean the are of interest will change etc..
Is this an upgrade of your strategy?
I know it's all about highest open lowest open but why introducing these new concept?
Was not already simple and successful your strategy?

Regards
Merka
  • #3,747
  • Jul 18, 2016 6:50pm Jul 18, 2016 6:50pm
Quoting Merka
{quote} Highest Open/Lowest Open trade. For many weeks your strategy was based on H1 but suddenly last week you started to introduce H4, M5 etc.. lines on your indicator. This mean the are of interest will change etc.. Is this an upgrade of your strategy? I know it's all about highest open lowest open but why introducing these new concept? Was not already simple and successful your strategy? Regards Merka
If you have yet to read most of the thread, the M15 and M5 and even M1 was already there to begin with. The h4 was added recently, though @TooSlow mentioned that such was experimental, it could work or it may not.

Personally, I've yet to understand the whole concept so I am just trading using the original method as it was introduced.
  • #3,748
  • Jul 18, 2016 7:13pm Jul 18, 2016 7:13pm
Quoting Merka
{quote} Highest Open/Lowest Open trade. For many weeks your strategy was based on H1 but suddenly last week you started to introduce H4, M5 etc.. lines on your indicator. This mean the are of interest will change etc.. Is this an upgrade of your strategy? I know it's all about highest open lowest open but why introducing these new concept? Was not already simple and successful your strategy? Regards Merka
When you learn something new, first you start with the basics.
When appropriate, you progress onto the next level.
Yes, trading highest/lowest H1 opens only is simple and successful.
Adding the other opens, can be even more profitable.

These are not "new concepts".
I could have started with any of the lower time frame opens.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,749
  • Jul 18, 2016 7:16pm Jul 18, 2016 7:16pm
Quoting mike_g
{quote} If you have yet to read most of the thread, the M15 and M5 and even M1 was already there to begin with. The h4 was added recently, though @TooSlow mentioned that such was experimental, it could work or it may not. Personally, I've yet to understand the whole concept so I am just trading using the original method as it was introduced.
There is nothing to understand.
There is nothing to understand about what the highest/lowest opens are for the day.
There is nothing to understand about entering a trade at the highest/lowest open.
There is nothing to understand about where to place the stop.
There is nothing to understand about moving the stop.

These are not concepts.
Hence, nothing to understand.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,750
  • Jul 18, 2016 7:17pm Jul 18, 2016 7:17pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 47 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,751
  • Jul 18, 2016 7:22pm Jul 18, 2016 7:22pm
Attached Image (click to enlarge)
Click to Enlarge Name: tooslow1.png Size: 39 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,752
  • Jul 18, 2016 7:30pm Jul 18, 2016 7:30pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow2.png Size: 50 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,753
  • Jul 18, 2016 7:49pm Jul 18, 2016 7:49pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 41 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,754
  • Jul 18, 2016 8:07pm Jul 18, 2016 8:07pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow2.png Size: 45 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,755
  • Jul 18, 2016 8:09pm Jul 18, 2016 8:09pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 46 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,756
  • Jul 18, 2016 9:08pm Jul 18, 2016 9:08pm
Attached Image (click to enlarge)
Click to Enlarge Name: tooslow1.png Size: 41 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,757
  • Jul 18, 2016 9:10pm Jul 18, 2016 9:10pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow2.png Size: 41 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,758
  • Jul 18, 2016 9:21pm Jul 18, 2016 9:21pm
just came out of a good trade, bought eurusd, but then realized the trade was wrong. forgot a rule. i actually placed a take profit target, which was eventually hit.
  • #3,759
  • Jul 18, 2016 9:48pm Jul 18, 2016 9:48pm
Quoting TooSlow
{image}
Hi TooSlow,

Good day to you, most of the charts you posted without emphasis anything or what is the the things you see? Would you mind share some of the thought for these charts, and we can join the the discussion and learn? Thank you for your kindness to share this threads.
  • #3,760
  • Jul 18, 2016 10:14pm Jul 18, 2016 10:14pm
Quoting Merka
{quote} Highest Open/Lowest Open trade. For many weeks your strategy was based on H1 but suddenly last week you started to introduce H4, M5 etc.. lines on your indicator. This mean the are of interest will change etc.. Is this an upgrade of your strategy? I know it's all about highest open lowest open but why introducing these new concept? Was not already simple and successful your strategy? Regards Merka
it is simply a logical evolution in the development of the strategy that potentiates the concept. Analyze in depth the tooslow proposal and how much will be given the best points of entry into the market . . . almost top and bottom trading
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