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Highest Open / Lowest Open Trade

  • #6,461
  • Sep 15, 2016 10:47am Sep 15, 2016 10:47am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,462
  • Sep 15, 2016 11:07am Sep 15, 2016 11:07am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,463
  • Sep 15, 2016 11:19am Sep 15, 2016 11:19am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,464
  • Sep 15, 2016 11:26am Sep 15, 2016 11:26am
6 tips for finding better trade entries with every trading strategy

http://www.tradeciety.com/6-tips-to-...ding-strategy/

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,465
  • Sep 15, 2016 11:36am Sep 15, 2016 11:36am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,466
  • Edited 12:20pm Sep 15, 2016 12:09pm | Edited 12:20pm
Hello. I am newbie.
Do I need to enter into a deal on this candle? or ignore this candle?

What pairs best to trade? or all pairs normal?

Thanks you.

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Do not be afraid to make mistakes, be afraid to repeat them.
  • #6,467
  • Sep 15, 2016 12:20pm Sep 15, 2016 12:20pm
Quoting JasonDeaN
Hello. I am newbie. Do I need to enter into a deal on this candle? or ignore this candle? Thanks you. {image}
Welcome to the thread, JasonDeaN.
Applying the rules you would not enter - Rule #1.
As you gain experience, you can bend or break the rules.
The suggestion is to follow the rules while you take the 10 Trade Challenge.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,468
  • Sep 15, 2016 12:22pm Sep 15, 2016 12:22pm
Quoting JasonDeaN
Hello. I am newbie. Do I need to enter into a deal on this candle? or ignore this candle? What pairs best to trade? or all pairs normal? Thanks you. {image}
Download the latest indicator and template.
They will help you learn.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,469
  • Sep 15, 2016 12:27pm Sep 15, 2016 12:27pm
Oh well - stopped out on that AUDUSD. Get it back on the 1-2-3?
  • #6,470
  • Sep 15, 2016 12:36pm Sep 15, 2016 12:36pm
Quoting FireFries
{quote} 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.
I'm in the UK, so trade from Frankfurt overall - London for HOLO. Often there isn't enough info too early, so it ends up busy around US Open, before and after, when the market has more shape to it, slowly tailing off after that (should have stayed out of that Aussie trade, lol - outside my comfort zone).
  • #6,471
  • Sep 15, 2016 12:38pm Sep 15, 2016 12:38pm
Quoting lemercenaire
Oh well - stopped out on that AUDUSD. Get it back on the 1-2-3?
HUH
Stopped out long or short?
Please post the chart.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,472
  • Sep 15, 2016 12:45pm Sep 15, 2016 12:45pm
Quoting JasonDeaN
Hello. I am newbie. Do I need to enter into a deal on this candle? or ignore this candle? What pairs best to trade? or all pairs normal? Thanks you. {image}
Hi JDN - as TS has answered, no - you're looking at a BreakOut Candle. One thing I'd ask, if you don't mind, when you post a chart - especially if you are asking a question - would it be possible for you to let us know what Pair / Time Frame of chart etc we are looking at. It helps to be able to check back on our own charts, especially if you are not using the HOLO indicator/template. Saves time trying to figure out what we are looking at. Cheers.

...and welcome aboard!
  • #6,473
  • Sep 15, 2016 12:53pm Sep 15, 2016 12:53pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,474
  • Sep 15, 2016 12:54pm Sep 15, 2016 12:54pm
Quoting TooSlow
{quote} HUH Stopped out long or short? Please post the chart.
I was Short. My own fault - had no place playing at those extreme heights. The charts / info have moved on but I have marked out where everything was when I went in.

H1
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M5 entry
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Only a small hit against the day's gains but worthwhile as a salutary lesson.
  • #6,475
  • Sep 15, 2016 12:55pm Sep 15, 2016 12:55pm
Quoting lemercenaire
{quote} I was Short. My own fault - had no place playing at those extreme heights. The charts / info have moved on but I have marked out where everything was when I went in. H1 {image} M5 entry {image} Only a small hit against the day's gains but worthwhile as a salutary lesson.
What is the lesson?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,476
  • Sep 15, 2016 12:58pm Sep 15, 2016 12:58pm
Quoting TooSlow
6 tips for finding better trade entries with every trading strategy http://www.tradeciety.com/6-tips-to-...ding-strategy/ {image}
TS, this is very usefull material....will study it at the weekend.....thanks for your always valuable links.
Have a nice day
  • #6,477
  • Sep 15, 2016 1:06pm Sep 15, 2016 1:06pm
Quoting doerpn
{quote} TS, this is very usefull material....will study it at the weekend.....thanks for your always valuable links.
Glad to be of service.
You're welcome.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,478
  • Sep 15, 2016 1:08pm Sep 15, 2016 1:08pm
AUDUSD Do two ''wrongs'' make a ''right''? Same situational set-up, different result...

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  • #6,479
  • Sep 15, 2016 1:11pm Sep 15, 2016 1:11pm
[quote=TooSlow;9142099]{quote} What is the lesson?[/quote]

Don't poke the - BreakOut - bear
  • #6,480
  • Sep 15, 2016 1:14pm Sep 15, 2016 1:14pm
Quoting lemercenaire
{quote} What is the lesson? Don't poke the - BreakOut - bear
You broke RULE #1?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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