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Highest Open / Lowest Open Trade

  • #6,441
  • Sep 15, 2016 8:05am Sep 15, 2016 8:05am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,442
  • Sep 15, 2016 8:43am Sep 15, 2016 8:43am
My Final 3 trades to complete the challenge.

1 +10 (set target to +10)
1 +1
1 +3.3 (set to trail at 5pips) so i wont finish off with another +1 LOL

so total is:
1 x +10
1 x +5
7 x +1
1 x +3.3

That is 20++ pips, not bad and considering all the +1 actually hit +5 before it hit breakeven, so if i just use target of +5, that would be 50Pips, provided no surprises which obviously would likely not be the case.

TooSlow, thanks for the interesting challenge, could actually work as long as i could be in front of the comp for most hours.

Cheers
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  • #6,443
  • Sep 15, 2016 9:41am Sep 15, 2016 9:41am
Quoting FireFries
My Final 3 trades to complete the challenge. 1 +10 (set target to +10) 1 +1 1 +3.3 (set to trail at 5pips) so i wont finish off with another +1 LOL so total is: 1 x +10 1 x +5 7 x +1 1 x +3.3 That is 20++ pips, not bad and considering all the +1 actually hit +5 before it hit breakeven, so if i just use target of +5, that would be 50Pips, provided no surprises which obviously would likely not be the case. TooSlow, thanks for the interesting challenge, could actually work as long as i could be in front of the comp for most hours. Cheers...
Well done
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,444
  • Sep 15, 2016 9:48am Sep 15, 2016 9:48am
AUDNZD Today's winner of the 'Close-But-No-Cigar' award...(and before TS scolds me, I know I could have bent those pesky rules but in my defence, I was busy elsewhere).

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  • #6,445
  • Sep 15, 2016 9:52am Sep 15, 2016 9:52am
Quoting FireFries
My Final 3 trades to complete the challenge. 1 +10 (set target to +10) 1 +1 1 +3.3 (set to trail at 5pips) so i wont finish off with another +1 LOL so total is: 1 x +10 1 x +5 7 x +1 1 x +3.3 That is 20++ pips, not bad and considering all the +1 actually hit +5 before it hit breakeven, so if i just use target of +5, that would be 50Pips, provided no surprises which obviously would likely not be the case. TooSlow, thanks for the interesting challenge, could actually work as long as i could be in front of the...
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  • #6,446
  • Sep 15, 2016 9:59am Sep 15, 2016 9:59am
EURUSD What was that all about - you could take someone's eye out with that...

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  • #6,447
  • Sep 15, 2016 10:02am Sep 15, 2016 10:02am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,448
  • Sep 15, 2016 10:13am Sep 15, 2016 10:13am
Quoting lemercenaire
{quote} {image}
Thanks Lemer and TooSlow, yeah, pretty easy strategy. Do both trade only during NY session? Anyway, time for zZZZZ for me, green pips to all.
  • #6,449
  • Sep 15, 2016 10:14am Sep 15, 2016 10:14am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,450
  • Sep 15, 2016 10:23am Sep 15, 2016 10:23am
Quoting lemercenaire
EURUSD What was that all about - you could take someone's eye out with that... {image}
Half a page of usd news.
  • #6,451
  • Sep 15, 2016 10:24am Sep 15, 2016 10:24am
Quoting JasonDeaN
Hi, doerpn. On which pairs you trade? There are the best pairs for this system? Thanks
Hi Jason,
i trade 8 of the majors due to low spreads.....except CHF pairs because my broker takes 4x margin for them.
As my trading time is limited its no deal for me to only trade 1 pair....too long to wait.
So far i may not see any favourites. Also i think that this strategy is suitable to every pair....
Have a nice day
  • #6,452
  • Sep 15, 2016 11:02am Sep 15, 2016 11:02am
Quoting TooSlow
{image} {image}
Yep - AUDJPY - a definite maybe...

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  • #6,453
  • Sep 15, 2016 11:03am Sep 15, 2016 11:03am
Quoting wannalearn12
{quote} Half a page of usd news.
Indeed - my tongue was firmly in my cheek
  • #6,454
  • Sep 15, 2016 11:05am Sep 15, 2016 11:05am
Quoting doerpn
{quote} Hi Jason, i trade 8 of the majors due to low spreads.....except CHF pairs because my broker takes 4x margin for them. As my trading time is limited its no deal for me to only trade 1 pair....too long to wait. So far i may not see any favourites. Also i think that this strategy is suitable to every pair....
You're right. So long as the spread isn't going to kill you, I haven't found a pair that HOLO doesn't like.
  • #6,455
  • Sep 15, 2016 11:09am Sep 15, 2016 11:09am
AUDCHF Another definitely maybe...

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  • #6,456
  • Sep 15, 2016 11:12am Sep 15, 2016 11:12am
AUDUSD To add to the watch-list...

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  • #6,457
  • Sep 15, 2016 11:42am Sep 15, 2016 11:42am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,458
  • Sep 15, 2016 11:43am Sep 15, 2016 11:43am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,459
  • Sep 15, 2016 11:57am Sep 15, 2016 11:57am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,460
  • Sep 15, 2016 12:34pm Sep 15, 2016 12:34pm
Well AUDJPY and AUDCHF don't seem to be doing anything for us after all - maybe the Aussie will be a better alternative...

AUDUSD

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