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Highest Open / Lowest Open Trade

  • #5,601
  • Aug 21, 2016 4:03pm Aug 21, 2016 4:03pm
Quoting lemercenaire
{quote} I use my broker start day time and never trade Sundays.
Gotcha!! I wondered about it not being a full day of trading! Thank you for the answer!!!
  • #5,602
  • Aug 21, 2016 4:44pm Aug 21, 2016 4:44pm
Quoting TooSlow
Look at a H1 chart.No indiactors. would you like to have bought at the lowest open? Or sold at the highes open. That is all we do. Nothing more. Just a dance with the market.
A dance & never change partners.
  • #5,603
  • Aug 21, 2016 4:46pm Aug 21, 2016 4:46pm
Quoting Tman72
{quote} Gotcha!! I wondered about it not being a full day of trading! Thank you for the answer!!!
Brokers will re-open for the coming week at different times as Sunday comes to an end. The retail FX market is pretty much closed for the weekend basically because no one wants to trade retail at that time - supply and demand. The interbank banks are technically open all weekend but only to deal with the gorillas, not the general small fry.
  • #5,604
  • Aug 21, 2016 5:10pm Aug 21, 2016 5:10pm
Quoting lemercenaire
{quote} Brokers will re-open for the coming week at different times as Sunday comes to an end. The retail FX market is pretty much closed for the weekend basically because no one wants to trade retail at that time - supply and demand. The interbank banks are technically open all weekend but only to deal with the gorillas, not the general small fry.
Thanks for your reply!!!
  • #5,605
  • Aug 21, 2016 5:39pm Aug 21, 2016 5:39pm
Quoting lemercenaire
{quote} I readily admit to preferring to run 1-2-3 on the naked H1. This was only a thought that perhaps there was an indicator which would lend weight to my mullings on the relative strength of entry points.
Indicators?
Most are overrated.
Most are misunderstood.
Many are misused.
Some indicators tell the facts.
Some indicators tell tall tales.

I posted this elsewhere:

Today's open, high, low.
Yesterday's high, low.
Add monthly and weekly open, high, low if long term trades.
Nothing else can be known.
Anything else is a tale.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,606
  • Aug 21, 2016 5:42pm Aug 21, 2016 5:42pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 58 KB


Figures I was away.
Usually do not trade on Sunday.
Anyone fading the JPY gaps?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,607
  • Aug 21, 2016 5:56pm Aug 21, 2016 5:56pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow1.png Size: 73 KB


So tempting.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,608
  • Aug 21, 2016 5:59pm Aug 21, 2016 5:59pm
Quoting TooSlow
{image} Figures I was away. Usually do not trade on Sunday. Anyone fading the JPY gaps?
I'm too busy wresling gators... safer
  • #5,609
  • Aug 21, 2016 6:03pm Aug 21, 2016 6:03pm
TooSlow,

A very interesting method, I will be trying this, thanks for posting it.

I have downloaded your latest template and indi using the paperclip but I cannot find the indi in the top right that shows the candle colors on different timeframes, did I miss it somewhere? Also, the large bottom right text does not change when I select different pairs/timeframes, that seems to be missing from the profile also because mine is permanently frozen on EURJPY H1 from your template?
  • #5,610
  • Edited 6:45pm Aug 21, 2016 6:05pm | Edited 6:45pm
Quoting Nostromo
TooSlow, A very interesting method, I will be trying this, thanks for posting it. I have downloaded your latest template and indi using the paperclip but I cannot find the indi in the top right that shows the candle colors on different timeframes, did I miss it somewhere? Also, the large bottom right text does not change when I select different pairs/timeframes, that seems to be missing from the profile also because mine is permanently frozen on EURJPY H1 from your template?
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow2.png Size: 44 KB


Delete all of the objects.
Switch pairs.
Save template.
Those others are not necessary.
They are from another galaxy.

Or use the indicator and template attached.
Attached File(s)
File Type: mq4 smHiLoOpen Lines_v1.2.mq4   33 KB | 978 downloads
File Type: tpl tooslow_holo_share.tpl   18 KB | 896 downloads
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,611
  • Aug 21, 2016 6:41pm Aug 21, 2016 6:41pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow.png Size: 48 KB


Looks like they filled the gap.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,612
  • Aug 21, 2016 7:20pm Aug 21, 2016 7:20pm
How To Be An Expert: 8 Proven Secrets To Superior Skill


http://www.bakadesuyo.com/2016/08/how-to-be-an-expert/
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,613
  • Aug 22, 2016 2:22am Aug 22, 2016 2:22am
GBPUSD An early bite of the cherry - but possibly more chances to come from Cable during the day.
Attached Image (click to enlarge)
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  • #5,614
  • Aug 22, 2016 2:24am Aug 22, 2016 2:24am
EURUSD Space for potential today, I think.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.ecnH1spaceforpotential.png Size: 35 KB
  • #5,615
  • Aug 22, 2016 2:27am Aug 22, 2016 2:27am
EURUSD M1 entry.
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Click to Enlarge Name: EURUSD.ecnM1couldgavehadm1entry.png Size: 39 KB
  • #5,616
  • Aug 22, 2016 2:29am Aug 22, 2016 2:29am
EURGBP Breakout south...
Attached Image (click to enlarge)
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  • #5,617
  • Aug 22, 2016 2:31am Aug 22, 2016 2:31am
GBPCHF Ditto...
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  • #5,618
  • Aug 22, 2016 2:35am Aug 22, 2016 2:35am
GBPCAD 1-2-3 (Zone 1 entry)...
Attached Image (click to enlarge)
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  • #5,619
  • Aug 22, 2016 2:39am Aug 22, 2016 2:39am
USDCAD Zone 2 entry 1-2-3...
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  • #5,620
  • Aug 22, 2016 2:43am Aug 22, 2016 2:43am
AUDUSD Zone 2 entry 1-2-3...
Attached Image (click to enlarge)
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