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Highest Open / Lowest Open Trade

  • #4,961
  • Aug 13, 2016 12:56pm Aug 13, 2016 12:56pm
Quoting PippyTheGrt
{quote} Great stuff I'm sure there is an applicable quote from Mr. Lee, but I'll leave that to TS
Go ahead, PTG.
Be my guest.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,962
  • Aug 13, 2016 1:36pm Aug 13, 2016 1:36pm
Thank Y'all ! Can't wait to get started soon.
The better looser you are the better winner you are
  • #4,963
  • Aug 13, 2016 8:08pm Aug 13, 2016 8:08pm
How to Become the Best in the World at What You Do

https://medium.com/the-mission/how-t...bdf#.grcfrzbfz
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,964
  • Aug 13, 2016 8:10pm Aug 13, 2016 8:10pm
20 Habits of Wealthy Traders Video Presentation

http://www.viperreport.com/20-habits...traders-video/
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,965
  • Aug 13, 2016 8:38pm Aug 13, 2016 8:38pm
Quoting MichaelG
Hi All, I just ......., delete any pending trade you might have set.....or.....sit on your hands so you can't set a market order. {image} I hope that helps. I am happy to answer any questions if that is not clear. Cheers Michael
Thanks a lot MichaelG for this very useful post. It clarified my Friday's question.
  • #4,966
  • Aug 14, 2016 12:30am Aug 14, 2016 12:30am
Feel sorry for the other traders.
Looking for magic numbers and indicators.
Using the moon and stars.
Simple systems that require multiple indicators.
And pages of rules.
Think they will ever find their way?
Buy low.
Sell high.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,967
  • Aug 14, 2016 3:10am Aug 14, 2016 3:10am
Can't sleep.
Amazing what some people believe.
Surfing threads.
Don't know why.
Laughs, giggles and chuckles aplenty.
Fools and their money.
Chart porn!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,968
  • Aug 14, 2016 4:11am Aug 14, 2016 4:11am
Hey TooSlow. Thanks again for starting this thread and thanks to all the people contributing.
I read through the "20 habits of wealthy traders". Great document
Habit number 8 "Wealthy Traders Stopped Trying to Pick Tops and Bottoms Long ago". Funny that that's actually what we are trying to do. But hey it works.
It works because price either has to turn or retrace. Either way you normally catch pips or at least break even.
Have a great weekend.
Cheers
  • #4,969
  • Aug 14, 2016 7:01am Aug 14, 2016 7:01am
THX TooSlow!!!
I think that's what I was looking for the last 5 years! Greetings from the far north to Russia!
  • #4,970
  • Aug 14, 2016 8:39am Aug 14, 2016 8:39am
Quoting Cbm
Hey TooSlow. Thanks again for starting this thread and thanks to all the people contributing. I read through the "20 habits of wealthy traders". Great document Habit number 8 "Wealthy Traders Stopped Trying to Pick Tops and Bottoms Long ago". Funny that that's actually what we are trying to do. But hey it works. It works because price either has to turn or retrace. Either way you normally catch pips or at least break even. Have a great weekend. Cheers
Welcome to the thread, CBM.
No picking or predicting here.
Just dancing with the market.
As she turns.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,971
  • Aug 14, 2016 8:40am Aug 14, 2016 8:40am
Quoting StepDV
THX TooSlow!!! I think that's what I was looking for the last 5 years! Greetings from the far north to Russia!
Welcome to the thread, StepDV.
What were you looking for?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,972
  • Aug 14, 2016 8:43am Aug 14, 2016 8:43am
Who is taking the 10 trade challenge this week?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,973
  • Aug 14, 2016 11:34am Aug 14, 2016 11:34am
where is the indicators download link?
  • #4,974
  • Aug 14, 2016 11:58am Aug 14, 2016 11:58am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 52 KB


Set the smHiLoOpen Lines_v1.2 inputs to show only the highest/lowest opens for M5, M30 (PTG ) and H1.
Wait.
Wait for a new highest/lowest H1 line to appear.
Wait.
Wait for a new highest/lowest M5 line to appear.
Wait.
Wait for price to return to either the highest/lowest M30/H1.
Enter the trade.

The lines will not always appear in the above order.
Highest/lowest M5 line may appear first.
Highest/lowest M30 line may appear before Highest/lowest H1 line.

When Highest/lowest H1 line appears after the others, what is the market telling you?

"Successful people ask better questions, and as a result, they get better answers." - Tony Robbins

Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
Attached File(s)
File Type: tpl tooslow_holo_post_PTG.tpl   17 KB | 729 downloads
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,975
  • Aug 14, 2016 12:37pm Aug 14, 2016 12:37pm
Quoting TooSlow
{image} Set the smHiLoOpen Lines_v1.2 inputs to show only the highest/lowest opens for M5, M30 (PTG ) and H1. Wait. Wait for a new highest/lowest H1 line to appear. Wait. Wait for a new highest/lowest M5 line to appear. Wait. Wait for price to return to either the highest/lowest M30/H1. Enter the trade. The lines will not always appear in the above order. Highest/lowest M5 line may appear first. Highest/lowest M30 line may appear before Highest/lowest H1 line. When Highest/lowest H1 line appears after the others, what is the market telling you?...
I do not know. Can we get little help?
  • #4,976
  • Aug 14, 2016 1:48pm Aug 14, 2016 1:48pm
Quoting trapforex
{quote} I do not know. Can we get little help?
Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,977
  • Aug 14, 2016 4:47pm Aug 14, 2016 4:47pm
New toy from Another Galaxy:

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-08-14_2346.png Size: 62 KB
It takes courage to grow up and become who you really are - E.E. Cummings
  • #4,978
  • Aug 14, 2016 4:57pm Aug 14, 2016 4:57pm
I must change the windings but that's for tomorrow.

Do you SEE where the entry is ?

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-08-14_2352.png Size: 64 KB
It takes courage to grow up and become who you really are - E.E. Cummings
  • #4,979
  • Aug 14, 2016 6:59pm Aug 14, 2016 6:59pm
Quoting PippyTheGrt
I must change the windings but that's for tomorrow. Do you SEE where the entry is ? {image}
Spread was 7+ pips.
Was stalking.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,980
  • Aug 14, 2016 10:48pm Aug 14, 2016 10:48pm
[quote=TooSlow;9083055]{image} Set the smHiLoOpen Lines_v1.2 inputs to show only the highest/lowest opens for M5, M30 (PTG ) and H1. Wait. Wait for a new highest/lowest H1 line to appear. Wait. Wait for a new highest/lowest M5 line to appear. Wait. Wait for price to return to either the highest/lowest M30/H1. Enter the trade. The lines will not always appear in the above order. Highest/lowest M5 line may appear first. Highest/lowest M30 line may appear before Highest/lowest H1 line. When Highest/lowest H1 line appears after the others, what is the market telling you? /quote]

When the H1 line appears after the others, market is telling u it is not yet ready to reverse and u should be cautious?
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