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Highest Open / Lowest Open Trade

  • #5,121
  • Aug 16, 2016 11:23am Aug 16, 2016 11:23am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,122
  • Aug 16, 2016 11:23am Aug 16, 2016 11:23am
I think is applicable
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Every day there is chances
  • #5,123
  • Aug 16, 2016 11:26am Aug 16, 2016 11:26am
Quoting keen246
Hi guys, It seems to me like there is an error on our beloved Indicator. I'm surprised nobody has commented about it. I've seen it several times. Check the attached screenshot of GJ. The H1 Higher High is not updated when it should. As you can see on this chart, a new H1 Higher High happened like 10 minutes ago, but the indi still shows the old H1 Higher High. {image}
Did you download the most recent file?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,124
  • Aug 16, 2016 11:35am Aug 16, 2016 11:35am
two entry from 3 charts above 1 good and one not good
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Every day there is chances
  • #5,125
  • Aug 16, 2016 11:36am Aug 16, 2016 11:36am
Quoting TooSlow
{quote} Did you download the most recent file?
This is not the very last one, but isn't too old. I'll install your latest one and report back if I still notice the bug.
Cheers
  • #5,126
  • Aug 16, 2016 12:07pm Aug 16, 2016 12:07pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,127
  • Aug 16, 2016 12:07pm Aug 16, 2016 12:07pm
Quoting Eng.JMD
two entry from 3 charts above 1 good and one not good {image}
Good = rules followed
Not Good = rules not followed.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,128
  • Aug 16, 2016 12:17pm Aug 16, 2016 12:17pm
Quoting lemercenaire
{quote} Not long after I joined this thread, I shared my thoughts on a good way to get a feel for what is going on. It was well received, I think, so perhaps would be useful to repeat the pertinent points: Take a deep breath. Open up ONE new pair, MAX of three - Cable will do but you can use any one. H1 chart. Try and find a pair that are ''bouncing about'' lately through the week. Clear everything off it. Leave only BAR chart, green. No up or down colours. Stick...
Yes.

It is easy to be overwhelmed by the sheer number of horizontal lines. Reducing those to the absolute minimum makes one see the essence.

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Once you know how to run, remember what walking was like. Always good to go back to the essence
It takes courage to grow up and become who you really are - E.E. Cummings
  • #5,129
  • Aug 16, 2016 12:20pm Aug 16, 2016 12:20pm
Quoting TooSlow
{image} Possible higher M30 open, PTG
"Freight train. Don't catch it in your eyes."

Can't beat common sense

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It takes courage to grow up and become who you really are - E.E. Cummings
  • #5,130
  • Aug 16, 2016 12:24pm Aug 16, 2016 12:24pm
Another analogy.

You know this show on TV, the Dog Whisperer (Cesar Millan) ?

Whenever there's a dog with a lot of energy, he's wearing them out physically first, before get them to listen.

Sometimes these currencies act like those kind of dogs. They need to loose energy first.
It takes courage to grow up and become who you really are - E.E. Cummings
  • #5,131
  • Aug 16, 2016 12:39pm Aug 16, 2016 12:39pm
Freight Train - continued.

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It takes courage to grow up and become who you really are - E.E. Cummings
  • #5,132
  • Aug 16, 2016 12:39pm Aug 16, 2016 12:39pm
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Rule #1 is there to keep you out of draw down.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,133
  • Aug 16, 2016 12:54pm Aug 16, 2016 12:54pm
Back from my venture out into that strange place called ''out-of-the-doors'' and looking back over the day I missed (mostly). Lots of Rule #1s kicking in today.

All I got this arvo...Clean and clear though.

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  • #5,134
  • Aug 16, 2016 1:00pm Aug 16, 2016 1:00pm
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The hunt is long.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,135
  • Aug 16, 2016 1:09pm Aug 16, 2016 1:09pm
Quoting TooSlow
{image} The hunt is long.
Would you consider this for a 1-2-3? I am a tad cautious with a bar close so close to the high of the bar - it doesn't leave a lot of room to manoeuver. I wonder what the stats are comparing a high close to one which forms more of a pin (and price-action - sorry Pippy!) - would suggest that the lower close would be more likely to reverse, or at least reverse further...mmmmm...
  • #5,136
  • Aug 16, 2016 1:27pm Aug 16, 2016 1:27pm
Hi to this great community.

I want to pick one pair. Which pair you recommend me?

Thank you.
  • #5,137
  • Aug 16, 2016 1:34pm Aug 16, 2016 1:34pm
Quoting trapforex
Hi to this great community. I want to pick one pair. Which pair you recommend me? Thank you.
Interesting question actually. Made me think...Do you have any experience of trading any particular pair already? If so, start with one you already know - you'll already have a feel for it. If not, concentrate on the majors, as the spreads will be smaller. Once you know what you are looking for, you will be able to scan quickly to find potential set-ups. If in doubt, start with Cable (GBPUSD).
  • #5,138
  • Aug 16, 2016 1:36pm Aug 16, 2016 1:36pm
Quoting lemercenaire
{quote} Would you consider this for a 1-2-3? I am a tad cautious with a bar close so close to the high of the bar - it doesn't leave a lot of room to manoeuver. I wonder what the stats are comparing a high close to one which forms more of a pin (and price-action - sorry Pippy!) - would suggest that the lower close would be more likely to reverse, or at least reverse further...mmmmm...
There's something underneath the high close and it is a 1-2-3.
The horizontal line to use was 1.3050, the half number.
Happens time and again that at/around TOTH price is pushed towards a 0025 multiple and then slammed.
I wasn't trading it, just observing btw.
Here's a tick chart around TOTH:

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It takes courage to grow up and become who you really are - E.E. Cummings
  • #5,139
  • Edited 2:04pm Aug 16, 2016 1:41pm | Edited 2:04pm
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For those so inclined.
Fibs.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,140
  • Aug 16, 2016 1:42pm Aug 16, 2016 1:42pm
Quoting trapforex
Hi to this great community. I want to pick one pair. Which pair you recommend me? Thank you.
What session do you trade?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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