Highest Open / Lowest Open Trade | Page 301 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

As complicated as necessary: Highest Open / Lowest Open Trade 861 replies

Highest & Lowest Open/Close Price for a Loop 3 replies

I need to highest and lowest SMA 14 replies

how to get yesterday price highest and lowest 7 replies

highest to lowest volume pairs??? 3 replies

Attachments: Highest Open / Lowest Open Trade
Exit Attachments

Highest Open / Lowest Open Trade

  • #6,001
  • Aug 25, 2016 10:25am Aug 25, 2016 10:25am
Quoting lemercenaire
{quote} Nah - you flagged up a nice-looking GBPJPY there, I forgive you!
Phew !

Probably a close if you go down to a tick chart LOL

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-08-25_1722.png Size: 65 KB
It takes courage to grow up and become who you really are - E.E. Cummings
  • #6,002
  • Aug 25, 2016 10:28am Aug 25, 2016 10:28am
TRADE #5

Pair: USDCAD

Position: Short at 1.29315 (H1 Higher Open 1.29318)
SL at 1.29386
Risk:7.1 pips ( - 10,98 $)
Entry: Market order at 1.29315
Exit: by SL at the ask price (1.29305)
Position size: 0.20 lot
Trade duration: 00:09:28
P/L: + 1.0 pips (+ 1,55 $)
Spread: +/- 2.3 pips

Comments:
- SL almost hit, I had a little bit luck and closed that at BE +1. Tight SL.
- If somebody wonder why I didn’t take earlier trades it is because I didn’t trading that time.

Entry:
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.jpeg Size: 92 KB


Exit:
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.jpeg Size: 90 KB
  • #6,003
  • Aug 25, 2016 10:33am Aug 25, 2016 10:33am
GBPJPY Ah well, maybe next time...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.ecnM5ahwellmaybenexttime.png Size: 35 KB
  • #6,004
  • Aug 25, 2016 10:36am Aug 25, 2016 10:36am
Quoting fabiog
TRADE #5 Pair: USDCAD Position: Short at 1.29315 (H1 Higher Open 1.29318) SL at 1.29386 Risk:7.1 pips ( - 10,98 $) Entry: Market order at 1.29315 Exit: by SL at the ask price (1.29305) Position size: 0.20 lot Trade duration: 00:09:28 P/L: + 1.0 pips (+ 1,55 $) Spread: +/- 2.3 pips Comments: - SL almost hit, I had a little bit luck and closed that at BE +1. Tight SL. - If somebody wonder why I didnt take earlier trades it is because I didnt trading that time. Entry: {image} Exit: {image}
Well done. If it helps any, I know the rules state SL at top of high etc but I always leave just a little bit of room past that mark and if the gap between entry and sl would be ridiculously small, as sometimes happens, look to your next level instead or something that works for you.
  • #6,005
  • Aug 25, 2016 10:42am Aug 25, 2016 10:42am
Yes, it was very tight SL considering that spread in up move was about 2.6 that leaves little space.

P.S.

Have anyone of you catched that preety move in EURUSD?
  • #6,006
  • Aug 25, 2016 10:42am Aug 25, 2016 10:42am
Quoting courier12
{quote} Yes, understood. Thank you for all the explanations on Daily Return and Follow Cap. Just one last question for you or Too Slow - What is this Wick zone u guys talk about? Thank you
Try GOOGLEing "wick zone"
You may be surprised what you may find there.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,007
  • Edited 12:18pm Aug 25, 2016 10:45am | Edited 12:18pm
Quoting TooSlow
{quote} Try GOOGLEing "wick zone" You may be surprised what you may find there.
Man - a bit of everything in there, lol! (Am I the only one who thought it was going to be more...​''interesting''?!)

Attached Image
  • #6,008
  • Aug 25, 2016 10:46am Aug 25, 2016 10:46am
[quote=fabiog;9102133]Yes, it was very tight SL considering that spread in up move was about 2.6 that leaves little space. P.S. Have anyone of you catched that preety move in EURUSD?[/quote]

Lol - I was too busy Googling ''Wick Zone''!!!
  • #6,009
  • Aug 25, 2016 10:48am Aug 25, 2016 10:48am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow1.png Size: 64 KB


Text book.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,010
  • Aug 25, 2016 10:49am Aug 25, 2016 10:49am
Quoting lemercenaire
{quote} Man - a bit of everything in there, lol! (Am I the only one who thought it was going to be more...​''interesting''?! {image}
In where?
Did you travel to another galaxy?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,011
  • Aug 25, 2016 12:19pm Aug 25, 2016 12:19pm
Quoting TooSlow
{quote} In where? Did you travel to another galaxy?
Lol - not yet, no. Nearly though, Google!
  • #6,012
  • Aug 25, 2016 12:24pm Aug 25, 2016 12:24pm
USDCAD May still go somewhere...maybe...Anyone still riding this horse?
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.ecnM5anyoneon.png Size: 36 KB
  • #6,013
  • Aug 25, 2016 12:30pm Aug 25, 2016 12:30pm
GBPUSD Fortune favours the quick - anyone get on board?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.ecnM5aquickjumponboard.png Size: 31 KB
  • #6,014
  • Aug 25, 2016 9:03pm Aug 25, 2016 9:03pm
This strategy looks interesting. I'm guessing it works better under ranging market conditions rather than trending but will it work in both?

Also if I am understanding correctly of how you get your top and bottom. Do you just take the previous days High and low? If not, do you have to wait a few hours to get the high and low of the current day???
Gentlemen always play by the rules, if they can't, they change them.
  • #6,015
  • Aug 25, 2016 9:06pm Aug 25, 2016 9:06pm
Also one tidbit I've noticed with the major pairs. When a pair makes a new weekly high, monthly high or yearly high there is almost a violent rejection of it. I've made good profit just focusing on these area's. Has anyone else noticed this or anything like it?
Gentlemen always play by the rules, if they can't, they change them.
  • #6,016
  • Aug 25, 2016 11:52pm Aug 25, 2016 11:52pm
How to Forge True Confidence

http://www.artofmanliness.com/2016/0...ue-confidence/
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,017
  • Aug 25, 2016 11:55pm Aug 25, 2016 11:55pm
Quoting Bsmile44
This strategy looks interesting. I'm guessing it works better under ranging market conditions rather than trending but will it work in both? Also if I am understanding correctly of how you get your top and bottom. Do you just take the previous days High and low? If not, do you have to wait a few hours to get the high and low of the current day???
Do not guess.
This strategy works every day on every pair.
Rather than make guesses and ask questions that have been answered, take the time to read through the thread.
Have you even read post #1?
Most of all, follow Bruce Lee:

Attached Image (click to enlarge)
Click to Enlarge Name: Bruce-Lee-Quote-Empty-Your-Cup.jpg Size: 121 KB


Attached Image
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,018
  • Aug 26, 2016 12:13am Aug 26, 2016 12:13am
TRUST YOURSELF: A practical guide to achieving any goal and living beyond fear



https://medium.com/the-mission/trust...273#.mo8gwttc1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,019
  • Aug 26, 2016 1:31am Aug 26, 2016 1:31am
Tooslow

I noticed that 50% of your posts consist of the same content
1. read post 1
2. read the thread completely
3. pseudo Bruce Lee quotes
4. link to pseudo psycho articles ,teenagers magazine level

You open threads , to show trading systems , claiming it works : "This strategy works every day on every pair", but without any concret evidences.(numbers)
I know already what will be the answer to my post if any ... ( 1, 2,3 or 4 ).
don't read me wrong here , i'm not making a troll here , just try to get answers, like % of signals making a profit >= 5 pips,trying to get some data from you to convince newbies like me that we can click as you claim on every pair every day and making profit ( for sure after carefully following rules from post 1).
I'm sure that new comers here will be more than happy to have data before they open a position ( probabilities of winning / losing )
​I will be pleased not to be kicked out from the thread , or get nasty comments from your bodyguards ....
I believe that you are intelligent enough to understand my point of view , and i'm forcing no one here to agree with me , i'm just expressing i believe what some readers feel when reading your thread.
If this post can lead to some serious numbers to establish that this system get some positive expectancy without any "filters", i will be pleased

Have wonderful day

SB
trying to make everyday the best risk/reward decisions possible
  • #6,020
  • Aug 26, 2016 1:34am Aug 26, 2016 1:34am
Hi, here is a gbpjpy trade. I've decided to try the optional exit posted on page 1, but with a little variation. My entry has two orders, one with a target and another without target.
Due the volatility of gbpjpy I use a target of 7 pips, instead of 5. The idea is, once the target has been reached i will move the stop of a remaing position to -5 pips. I think this is a good variation, because we have some more room and still have our 1 pip of profit if the second position is stopped.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 97 KB
18 traders viewing now, 3 are registered:
2Bs.fx
,
NeilBrew
,
TooSlow