Disliked{quote} Follow the rules. Do not force a trade. Obvious, then trade. Not obvious, then do not trade. See rule #5.Ignored
Highest Open / Lowest Open Trade
- #5,343
- Aug 18, 2016 7:44am Aug 18, 2016 7:44am
- Joined Jan 2008 | Status: Always do whatever's next. | 788 Posts
{quote} Have no open position before the news. Better to watch and trade the reaction. Otherwise, you may be looking at a freight train {image}
It takes courage to grow up and become who you really are - E.E. Cummings
- #5,344
- Aug 18, 2016 7:47am Aug 18, 2016 7:47am
{quote} hi courier12,, what does it mean? so we shouldn't trade when that kind of bar showed? i have a really slow brain
- #5,345
- Aug 18, 2016 7:49am Aug 18, 2016 7:49am
- Joined Jan 2008 | Status: Always do whatever's next. | 788 Posts
{quote} thank you for the answer sir..may i ask you again.. i've just found a 1H bar that make 1D high but not 1H high open.. EUR/USD 11:00 GMT.. so this 1H bar is not fulfill our criteria, right? we should find 1H bar that make new daily high and new 1H open high... CMIIW {image} sorry if i don't understand because there are so many pages i haven't read.. maybe i've missed some learning..
Highest Open
and the
Lowest Open
= HOLO
I would start cleaning up my chart. You have way too many lines there. Too many lines = confusing. Confusion = bad.
It takes courage to grow up and become who you really are - E.E. Cummings
- #5,347
- Aug 18, 2016 7:54am Aug 18, 2016 7:54am
- Joined Mar 2012 | Status: Trader | 14,349 Posts
{quote} thank you for the answer sir..
Follow the rules.
Do not force a trade.
Obvious, then trade.
Not obvious, then do not trade.
See rule #5.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #5,348
- Aug 18, 2016 7:54am Aug 18, 2016 7:54am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} thank you for the answer sir..
...assuming an m15/m5 candle opens in that zone.
- #5,350
- Aug 18, 2016 7:57am Aug 18, 2016 7:57am
- Joined Jan 2008 | Status: Always do whatever's next. | 788 Posts
Example:
If you complicate things, questions arise.
If questions arise, uncertainty arises.
If uncertainty arises, more questions arise.
Result: the madhouse
If you complicate things, questions arise.
If questions arise, uncertainty arises.
If uncertainty arises, more questions arise.
Result: the madhouse
It takes courage to grow up and become who you really are - E.E. Cummings
- #5,352
- Aug 18, 2016 7:59am Aug 18, 2016 7:59am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} thank you for the answer sir..
- #5,353
- Aug 18, 2016 8:00am Aug 18, 2016 8:00am
- Joined Jan 2008 | Status: Always do whatever's next. | 788 Posts
Random search of "simple system" on this site.
Result :
Can't see the trees through the wood. How is a person going to decide based on squigglies like that ?
Madhouse.
Result :
Can't see the trees through the wood. How is a person going to decide based on squigglies like that ?
Madhouse.
It takes courage to grow up and become who you really are - E.E. Cummings
- #5,354
- Aug 18, 2016 8:04am Aug 18, 2016 8:04am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Example: {image} If you complicate things, questions arise. If questions arise, uncertainty arises. If uncertainty arises, more questions arise. Result: the madhouse
- #5,356
- Aug 18, 2016 8:15am Aug 18, 2016 8:15am
- Joined Jan 2008 | Status: Always do whatever's next. | 788 Posts
{quote} The zen of charts...
Kind of chicken-egg issue too, because the subconscious might over-complicate things based on various reasons, usually related to self sabotage. The subconscious is trying to protect us and keep us safe inside the familiar. The familiar that acknowledges the "self". As it happens, to learn something new, we have to step outside the box, because inside the box there is nothing new to be found.
From a piece of paper on my wall that I stare at every day:
We can get caught up in old events that play out over and over again.
Results come from how and what we think. If you are getting results that are not what you want, then you must change your thinking to break the pattern.
Change your thinking to change your results, because if you always do what you've always done, you'll always get what you've always gotten.
The very definition of insanity right there.
It takes courage to grow up and become who you really are - E.E. Cummings
- #5,357
- Aug 18, 2016 8:15am Aug 18, 2016 8:15am
- Joined Jan 2008 | Status: Always do whatever's next. | 788 Posts
{quote} I'd also suggest getting rid of the USDCAD stamp from your EURUSD chart - that's only going to lead to disaster...
EDIT - ah ok - that wasn't directed at me.
@learn2fly: see above.
Also, your watermark indicator is missing in action methinks.
It takes courage to grow up and become who you really are - E.E. Cummings
- #5,358
- Aug 18, 2016 8:20am Aug 18, 2016 8:20am
- Joined Mar 2012 | Status: Trader | 14,349 Posts
Random search of "simple system" on this site. Result : {image} Can't see the trees through the wood. How is a person going to decide based on squigglies like that ? Madhouse.
Traders flock to indicators.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #5,359
- Aug 18, 2016 8:23am Aug 18, 2016 8:23am
- Joined Mar 2012 | Status: Trader | 14,349 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #5,360
- Aug 18, 2016 8:23am Aug 18, 2016 8:23am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
EURCAD Perfect 1-2-3...
