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Highest Open / Lowest Open Trade

  • #4,241
  • Jul 27, 2016 6:57pm Jul 27, 2016 6:57pm
Hallo Too Slow ..

Can you tell me ..
HOW TO ENTER .. mean
WHEN WE CAN ENTER ..
AND WHERE THE GOOD PRICE TO ENTER OR OPEN POSITION FOLLOW HIGH LOW OPEN CANDLE H4/H1/M30/M15/M5 ..

Thank You ...
  • #4,242
  • Jul 27, 2016 9:58pm Jul 27, 2016 9:58pm
Quoting bluecolor
Hallo Too Slow .. Can you tell me .. HOW TO ENTER .. mean WHEN WE CAN ENTER .. AND WHERE THE GOOD PRICE TO ENTER OR OPEN POSITION FOLLOW HIGH LOW OPEN CANDLE H4/H1/M30/M15/M5 .. Thank You ...
Welcome to the thread, bluecolor.

How?

Click buy or sell button

When?

Not during a break out candle.
When price is at the highest/lowest open.

Good price?

Buy at lowest open.
Sell at highest open.

Now, bluecolor, please read the thread and take the 10 trade 0.01 position size challenge.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,243
  • Jul 27, 2016 10:30pm Jul 27, 2016 10:30pm
Hi All

up and ready for the hunt ..... like a sniper no need to chase ... just wait for the price to come to you ...at the right location.... BE PATIENT
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trying to make everyday the best risk/reward decisions possible
  • #4,244
  • Jul 28, 2016 6:16am Jul 28, 2016 6:16am
Quoting slowbrain
Hi All up and ready for the hunt ..... like a sniper no need to chase ... just wait for the price to come to you ...at the right location.... BE PATIENT {image}
That is exactly right......be patient & wait for the price to get to the right location & that is the hardest part for
most of the traders that will attempt this method. It was for me too. Find something to do while you WAIT.
If being patient is not one of your better attributes, then this method is probably not for you. Follow the rules & be
patient & you should see the resulting pips.
  • #4,245
  • Jul 28, 2016 6:26am Jul 28, 2016 6:26am
[quote=TooSlow;9044823]{quote} Welcome mosiskv: Interesting looking charts. Maybe you can share the template and indicators. /quote]

Hi

You are welcome

Cheers

PS - One of my favourites
Attached Image
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File Type: zip HILO Test.zip   336 KB | 703 downloads
Don't limit yourself!!
  • #4,246
  • Jul 28, 2016 7:25am Jul 28, 2016 7:25am
[quote=mosiskv;9054611]
Quoting TooSlow
{quote} Welcome mosiskv: Interesting looking charts. Maybe you can share the template and indicators. /quote] Hi You are welcome Cheers PS - One of my favourites {file} {image}
Thanks.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,247
  • Jul 28, 2016 8:00am Jul 28, 2016 8:00am
Hi friends,

One question: i recognize that a l8tr of trades ending in break even. Today for example I had 4 trades. Ask 4 trades moved really strong in my direction, do I decided to move sl to be. But after that price came back and hit sl. Would it than not be better to take profit at 5 pips? Especially for high volatility pairs like gbpjpy for example it's difficult.....
  • #4,248
  • Jul 28, 2016 8:42am Jul 28, 2016 8:42am
Quoting kleybenny
Hi friends, One question: i recognize that a l8tr of trades ending in break even. Today for example I had 4 trades. Ask 4 trades moved really strong in my direction, do I decided to move sl to be. But after that price came back and hit sl. Would it than not be better to take profit at 5 pips? Especially for high volatility pairs like gbpjpy for example it's difficult.....
Yes.
Have you read the thread?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,249
  • Jul 28, 2016 8:44am Jul 28, 2016 8:44am
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Could you trade this chart?
Would you trade this chart?
Should you trade this chart?

Before the internet there were no live charts.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,250
  • Jul 28, 2016 8:51am Jul 28, 2016 8:51am
Quoting TooSlow
{image} Could you trade this chart? Would you trade this chart? Should you trade this chart? Before the internet there were no live charts.
Nice chart. Yes, tradable !
The quality of your life is brought about by the quality of your thinking.
  • #4,251
  • Jul 28, 2016 9:08am Jul 28, 2016 9:08am
Quoting TooSlow
{image} Could you trade this chart? Would you trade this chart? Should you trade this chart? Before the internet there were no live charts.
Yes, it's tradable.
Cheers.
Merka
  • #4,252
  • Jul 28, 2016 9:26am Jul 28, 2016 9:26am
What if price touches your entry (doesn't go beyond 5pips) and then flies back to the daily H/L....?
It will happen.
Since the distance between your open price and the SL (daily H/L) is usually much larger than the most frequent wins (which are BE+1pip or 5pips), won't this eat away your profits?
I still would like to see what statistics you have since you started trading this strategy.
Best regards
X
  • #4,253
  • Jul 28, 2016 9:33am Jul 28, 2016 9:33am
Quoting Xman43
What if price touches your entry (doesn't go beyond 5pips) and then flies back to the daily H/L....? It will happen. Since the distance between your open price and the SL (daily H/L) is usually much larger than the most frequent wins (which are BE+1pip or 5pips), won't this eat away your profits? I still would like to see what statistics you have since you started trading this strategy. Best regards X
Take the 10 trade 0.01 pip challenge.
Then you will have your own statistics.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,254
  • Jul 28, 2016 9:36am Jul 28, 2016 9:36am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,255
  • Jul 28, 2016 9:40am Jul 28, 2016 9:40am
No offense, but 10 trades do not prove that the strategy works.
Since you're trading this strategy for a while, I'm sure you kept track of the profits/losses, equity etc.
Why not share them?
Just asking.
Best to you
  • #4,256
  • Jul 28, 2016 10:01am Jul 28, 2016 10:01am
Quoting Xman43
No offense, but 10 trades do not prove that the strategy works. Since you're trading this strategy for a while, I'm sure you kept track of the profits/losses, equity etc. Why not share them? Just asking. Best to you
If 10 is not enough, make it 50. Or 100.

Asking for other peoples' stats is like asking if someone else can cross a bridge.
Let's say he can, can you ?
Let's say he can't, can't you ?

You can't live off of someone else's profits.
You don't have to pay for someone else's losses.

You will have to find your own truth.

Welcome in the wonderful world of trading.

Good luck.
It takes courage to grow up and become who you really are - E.E. Cummings
  • #4,257
  • Jul 28, 2016 10:03am Jul 28, 2016 10:03am
Usdcad tomorrow time frame m1
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  • #4,258
  • Jul 28, 2016 10:04am Jul 28, 2016 10:04am
Quoting PippyTheGrt
{quote} If 10 is not enough, make it 50. Or 100. Asking for other peoples' stats is like asking if someone else can cross a bridge. Let's say he can, can you ? Let's say he can't, can't you ? You can't live off of someone else's profits. You don't have to pay for someone else's losses. You will have to find your own truth. Welcome in the wonderful world of trading. Good luck.
Well said
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,259
  • Jul 28, 2016 10:05am Jul 28, 2016 10:05am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,260
  • Jul 28, 2016 10:09am Jul 28, 2016 10:09am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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