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Highest Open / Lowest Open Trade

  • #6,061
  • Aug 26, 2016 9:10am Aug 26, 2016 9:10am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,062
  • Aug 26, 2016 9:22am Aug 26, 2016 9:22am
EU M1 +172 (not bragging just playing with your nice template) Good Morning Buddy.... Just wandered off the Reservation and thought I would say HI.....Don't know your system just trading levels as usual on any template as levels are levels as S & R. If non-conforming, I will delete if you want NP.....Have a great week end.....
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Keep It Simple
  • #6,063
  • Edited 9:41am Aug 26, 2016 9:27am | Edited 9:41am
NO PRESSURE, NO DIAMONDS + EMBRACE EXPECTATIONS

In Nobel-Prize winner Daniel Kahnemans book Thinking Fast and Slow, he writes about the benefits of a fear of failure in what he calls Loss Aversion. Citing research by Devon Pope and Maurice Schweitzer at the University of Pennsylvania, he discusses the relative strength of two motives in the statistics of professional golfers: Whether the putt was easy or hard, at every distance from the hole, the players were more successful when putting for par than for a birdie. The difference in the rate of success was 3.6 per cent.

We dont play to win, it seems, we play not to lose.

The history of All Blacks rugby has been so successful that the expectation in New Zealand is that we win every test, says Graham Henry, and I think that is good for the team. If you didnt have that expectation, Im sure we wouldnt reach the standards we do.

James Kerr
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,064
  • Aug 26, 2016 9:45am Aug 26, 2016 9:45am
Quoting cigarguy
EU M1 +172 (not bragging just playing with your nice template) Good Morning Buddy.... Just wandered off the Reservation and thought I would say HI.....Don't know your system just trading levels as usual on any template as levels are levels as S & R. If non-conforming, I will delete if you want NP.....Have a great week end..... {image}
Hello cigarguy, nice of you to stop by.
There are many ways to trade.
Apparently, your trade was a breakout.
Here we post about trading reversals.
Please do not delete.
You are welcome to post.
Cheers Mate

P.S. looks like you may have confused this thread with the 00 Level thread I started a while back.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,065
  • Edited 10:52am Aug 26, 2016 10:24am | Edited 10:52am
Quoting TooSlow
{quote} Hello cigarguy, nice of you to stop by. There are many ways to trade. Apparently, your trade was a breakout. Here we post about trading reversals. Please do not delete. You are welcome to post. Cheers Mate P.S. looks like you may have confused this thread with the 00 Level thread I started a while back.
OOPS !! I believe I did as you have too many for me and I'm not TooSlow...... as don't get out much these days....lol......

Have a great week end Stay GREEN and Keep It Simple My Friend........
Keep It Simple
  • #6,066
  • Aug 26, 2016 11:06am Aug 26, 2016 11:06am
Quoting Jordi
{quote} the method and the rules are here, but I'm sure of two things. The first one is, with the same methodology, same system, same indicators, two traders are going to get two very different results, maybe one is highly successful, and the other succumbs to large losses. The second one is that , this entry methodology has a great potencial. Why? because if you follow the entry rules, your losses will be small. Remember: Cut short your losses; let your profits run on. So in my point of view, this methodology has a big potencial, but[/highlight]...

http://www.forexfactory.com/showthre...64#post9037164
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,067
  • Aug 26, 2016 3:35pm Aug 26, 2016 3:35pm
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What a day
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,068
  • Aug 26, 2016 4:26pm Aug 26, 2016 4:26pm
OK, TooSlow here you go as requested; One Black with my PVSRA Access Panel on and White with the panel turned off.......

(no mkt. data so will be better next week and let me now if you need additional)

Have Fun...
Cigarguy
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Keep It Simple
  • #6,069
  • Aug 26, 2016 5:32pm Aug 26, 2016 5:32pm
Quoting cigarguy
OK, TooSlow here you go as requested; One Black with my PVSRA Access Panel on and White with the panel turned off....... (no mkt. data so will be better next week and let me now if you need additional) Have Fun... Cigarguy {image} {image}
Thank you very much.
Time to take a peek.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,070
  • Aug 26, 2016 5:36pm Aug 26, 2016 5:36pm
Who is taking the 10 trade challenge the week of August 28, 2016?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,071
  • Aug 26, 2016 7:44pm Aug 26, 2016 7:44pm
Attached Image


Remember the WARNING about trading breakouts?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,072
  • Edited Aug 27, 2016 2:05pm Aug 26, 2016 10:10pm | Edited Aug 27, 2016 2:05pm
Snake Oil Salesman is what I have been called in another thread for having the audacity to post my charts there:
http://www.forexfactory.com/showthre...29#post9104629

They speak of flip flops.
http://www.forexfactory.com/showthre...99#post9104599

Now I can no longer post there.
The cult leader must maintain control.


Some people are intolerant and just plain nasty
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,073
  • Aug 27, 2016 6:07pm Aug 27, 2016 6:07pm
Quoting TooSlow
Snake Oil Salesman is what I have been called in another thread for having the audacity to post my charts there: http://www.forexfactory.com/showthre...29#post9104629 They speak of flip flops. http://www.forexfactory.com/showthre...99#post9104599 Now I can no longer post there. The cult leader must maintain control. Some people are intolerant and just plain nasty
You will just have to learn to stay and play in your own sand box.

Lot's of kids are attracted to other sand boxes because they have lots of different colours through their sand, and lots of colourful toys to play with.
It all looks like lots of fun from a distance, but when you get there, it's all very messy and chaotic. Sand everywhere, toys everywhere........some kids trying to bring in other shiny toys because they think it will be good, and other kids just trying to change the other toys into something they are not.
Some of the kids are fighting with each other, and there are some horrible kids who never say anything nice.
There are some nice kids, but they are too scared to say anything, and I think they would rather be in another sand box......but they don't want to go, because they love all the fancy toys.

But your sand box has nothing but nice clean white sand in it. It's all nice and smooth, and not messy at all. The very few toys in your sand box are all clean and work really well. No need to paint them in fancy colours, as that will do nothing to improve the performance of the toy.
And it's a nice and quiet sand box. No yelling and screaming, just some chat and a few giggles.......just my kind of sand box.

Thanks for letting me play in your sand box TooSlow. I like it here.
  • #6,074
  • Aug 27, 2016 6:40pm Aug 27, 2016 6:40pm
Quoting MichaelG
{quote} You will just have to learn to stay and play in your own sand box. Lot's of kids are attracted to other sand boxes because they have lots of different colours through their sand, and lots of colourful toys to play with. It all looks like lots of fun from a distance, but when you get there, it's all very messy and chaotic. Sand everywhere, toys everywhere........some kids trying to bring in other shiny toys because they think it will be good, and other kids just trying to change the other toys into something they are not. Some of the kids...
I and most likely many others are glad you are here to play.
Thanks mate.
Cheers
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,075
  • Aug 27, 2016 6:48pm Aug 27, 2016 6:48pm
7 Deadly Trading Sins

http://chartexperts.com/eBooks/7-dea...ader-sins.html
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,076
  • Aug 28, 2016 9:00am Aug 28, 2016 9:00am
Neuroscience Of Mindfulness: How To Make Your Mind Happy

http://www.bakadesuyo.com/2016/08/ne...f-mindfulness/
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,077
  • Aug 28, 2016 9:11am Aug 28, 2016 9:11am
How to make HIGHEST OPEN / LOW OPEN better?

Increase profits
- staying in winning trades longer

Eliminate losses
- filter out trades which will result in stopping out with a loss.

The rules are guidelines to achieve the above.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,078
  • Aug 28, 2016 5:11pm Aug 28, 2016 5:11pm
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Missed this one.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,079
  • Aug 28, 2016 5:58pm Aug 28, 2016 5:58pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,080
  • Aug 29, 2016 2:54am Aug 29, 2016 2:54am
Quoting MichaelG
{quote} Hi Mahmood, As you know, one of the breakout rules is when price goes above or below YESTERDAYS High/Low. So on your chart, all of those candles were below Yesterdays Low, so they are all considered to be outside the extreme. The rule says that we should take reversal trades after a breakout WITH CAUTION. This means that the trader will have to use their own discretion when deciding to take a trade or not. As you know, an EA cannot use discretion, so that is why I asked for the EA to NOT place a trade if price was in breakout mode. I suggested...

hi micheal and other friends
i am sorry for late
i am too busy

we have a bug on buy trades on EA that i solve it
and now we have exactly buy trades at H1_lowest_open
and about breakouts
i test some more method for breakout but they did not good
main rul for breakouts and other breakout method had no diffrence in resault

by the way we concern on breakout in current trigger time frame
for example if trigger timeframe is M15
1- if current M15 candle make new high of day we have breakout and EA wait until this candle close anfter that if the conditions are true we enter in trades
2- if current M15 candle cross the yesterday high in up trend or current candle cross yesterday low in down trend we have breakout and EA wait until current candle close

according to micheal suggestion that say if we r behind or above yesterday high or low we do not enter trade if we do this many good trades will ignor and in my test it is not good

after all main problem is still remain....
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