Highest Open / Lowest Open Trade

Quoting courier12

Disliked

Too Slow, Do you prefer an immedaite entry after a couple of minutes or a couple of hours post the HO / LO formed on the H1 or is it ok if price returns to the area of interest after several hours and in a different session? E.g. HO / LO is created either in the Asian or London session whereas price gets back to the area of interest in the US session. Thank you

Ignored

Quoting courier12

Disliked

Too Slow, Do you prefer an immedaite entry after a couple of minutes or a couple of hours post the HO / LO formed on the H1 or is it ok if price returns to the area of interest after several hours and in a different session? E.g. HO / LO is created either in the Asian or London session whereas price gets back to the area of interest in the US session. Thank you

Ignored

Quoting PippyTheGrt

Disliked

{quote} Allow me to take a shot at it Do the rules say anything about this ? yes/no If yes, what do the rules say about this ?

Ignored

Quoting aminhakim

Disliked

12 years a trader and rarely a system catches my attention. There's some potential here.

Ignored

Quoting TooSlow

Disliked

{quote} Not sure how to take that {image}

Ignored

Quoting aminhakim

Disliked

{quote} I meant that the system has great potential in limiting the risk. Never underestimate those small scalp trades.

Ignored

Quoting courier12

Disliked

{quote} Thanks Pippy....probably trying to overthink.

Ignored

Quoting mahmood.tava

Disliked

{quote} salam micheal tanx for your attention first of all i explained it that EA use points not pip you should enter your sl in points if you enter 30 means 3 pip and if you want 20 pip sl you must enter 200 "Also, the entry price of the trade should always be the Lowest/Highest H1 Open price. That was 1.45482 on this chart. But the EA placed this trade 1.6 pips passed that." you r absolutly right it is SPREAD when we have enter buy position in BID price automaticly you enter in ASK price and the spread will count means when bid price rise to H1_lowest_open...

Ignored

Quoting lemercenaire

Disliked

Stop torturing yourself about 'the ones that got away'. Can you alter the fact that you got +4 and not +24? No. So why are you wasting time thinking about it? This breeds negative energy. You become a ''loser of 24'' instead of the ''winner of 4'' you actually are because you have clouded your reasoning. Follow the rules.

Ignored

Quoting PippyTheGrt

Disliked

{quote} There are better examples where the difference is huge. At times you'd want to go down to M15 or -heck- M5. Doesn't matter all that much, it is just a horizontal line to me. A Line In The Sand (LIS) Waiting for a line that the trader himself (!!!) has defined, has everything to do with self-discipline and nothing to do with a meaning attached to the line itself, either by yourself (your "self") or others. Notice the word "himself". When trading this system (or any other for that matter), you need to "own" it. Any rules have to be fully accepted...

Ignored

Quoting PippyTheGrt

Disliked

{quote} The only reason why an M30 would be triggered and an H1 not would be if price turns around before reaching the H1 entry. That could be a profitable- or a cost trade. Doesn't happen "very often" (can't quantify that) but I've seen it. It happens that H1 is the next best option because there was no pullback (M1/M5 open) on the M30 so the next best thing is H1. Sometimes they are the same. If there is enough room between M30 and H1 open, one could perhaps use it as a TP point, I suspect the stats are quite good...

Ignored