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Highest Open / Lowest Open Trade

  • #4,221
  • Jul 27, 2016 11:32am Jul 27, 2016 11:32am
Quoting _BBKing_
anyway... today so far is a +20 I like it if was executed full size, would be a very good daily profit.
Good job.


Is this part of the 10 trade challenge?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,222
  • Jul 27, 2016 12:43pm Jul 27, 2016 12:43pm
Quoting TooSlow
{quote} Good job. Is this part of the 10 trade challenge?
atm 3 wins // 1 loss

needless to say that the 3 wins could have been far more better and the loss could have been at least a BE +1
90% of traders use TA, indicators and prediction
  • #4,223
  • Jul 27, 2016 12:56pm Jul 27, 2016 12:56pm
I Continued simulation on GU. 3 BE trades this morning, 2 of which were re-entries. It's a bit exhausting to keep moving the lines manually on Forextester.
  • #4,224
  • Jul 27, 2016 1:08pm Jul 27, 2016 1:08pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,225
  • Jul 27, 2016 1:21pm Jul 27, 2016 1:21pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,226
  • Jul 27, 2016 1:29pm Jul 27, 2016 1:29pm
posting the account extracted page of course:

there are other trades but they are NOT for this strategy (i'm working with 3 differents setups atm)

as said: win / loss = 3 /1

net pips 20

this strategy really fits my trading style! It's just a matter now to "get used" to it

EDIT: did not blank the size to show I'm still working with very small one
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90% of traders use TA, indicators and prediction
  • #4,227
  • Jul 27, 2016 1:35pm Jul 27, 2016 1:35pm
Considering the "challenge" says to use a 0.01 lot (5 x my actual size) I will probably join the "challenge" starting by monday.

just wanted to share some results
90% of traders use TA, indicators and prediction
  • #4,228
  • Jul 27, 2016 1:40pm Jul 27, 2016 1:40pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 54 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,229
  • Jul 27, 2016 1:45pm Jul 27, 2016 1:45pm
Quoting _BBKing_
Considering the "challenge" says to use a 0.01 lot (5 x my actual size) I will probably join the "challenge" starting by monday. just wanted to share some results
Use your normal size.
Do not increase during trial.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,230
  • Jul 27, 2016 1:55pm Jul 27, 2016 1:55pm
Quoting TooSlow
{quote} Use your normal size. Do not increase during trial.
that's for sure!
I need to get confidence

also btw... not really simple buying cable.
even if I became bullish again lately... it's still quite scary
90% of traders use TA, indicators and prediction
  • #4,231
  • Jul 27, 2016 1:57pm Jul 27, 2016 1:57pm
cable:

waiting new highest h1 open

will be approx around these levels or even > 32 (looking at last ticks,,,)

so: new daily high!

interesting scenario developing here
Attached Image (click to enlarge)
Click to Enlarge Name: prov.png Size: 25 KB
90% of traders use TA, indicators and prediction
  • #4,232
  • Jul 27, 2016 1:57pm Jul 27, 2016 1:57pm
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What have you noticed about my charts?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,233
  • Jul 27, 2016 1:59pm Jul 27, 2016 1:59pm
Quoting TooSlow
{image} What have you noticed about my charts?

there are too many lines imo

I prefer just getting only today's levels
90% of traders use TA, indicators and prediction
  • #4,234
  • Jul 27, 2016 2:16pm Jul 27, 2016 2:16pm
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,235
  • Jul 27, 2016 2:17pm Jul 27, 2016 2:17pm
Quoting _BBKing_
{quote} there are too many lines imo I prefer just getting only today's levels
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,236
  • Jul 27, 2016 2:40pm Jul 27, 2016 2:40pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow2.png Size: 49 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,237
  • Jul 27, 2016 3:19pm Jul 27, 2016 3:19pm
My second trade:
NZDUSD (M5) - Sell limit at "H1 PD Higher Open" ( 0.70729 Bar12).
Jumped too early. The correct entry was Bar10 or Bar8.
Cheers
Merka
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSDM5 27_07_2016.png Size: 37 KB
Click to Enlarge Name: NZDUSD 27_07_2016.png Size: 10 KB
  • #4,238
  • Jul 27, 2016 3:25pm Jul 27, 2016 3:25pm
Quoting Merka
My second trade: NZDUSD (M5) - Sell limit at "H1 PD Higher Open" ( 0.70729 Bar12). Jumped too early. The correct entry was Bar10 or Bar8. Cheers Merka {image} {image}
Too early?
Sit on your hands
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,239
  • Jul 27, 2016 3:45pm Jul 27, 2016 3:45pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,240
  • Jul 27, 2016 4:23pm Jul 27, 2016 4:23pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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