Highest Open / Lowest Open Trade

Welcome to the thread, lazyegg.
Green pips to you.
Cheers

Welcome to the thread, WoS.
Green pips to you.
Cheers

It is hard to tell because the line labels are cut off.
Looks valid to me.
Was it a breakout as was suggested?

Banked some pips.

Now waiting for top of the hour

How to Move on From Mental Scars in Sports

The past can sometimes haunt athletes. For example, past mistakes, missteps and missed opportunities can prevent you from playing your very best right now. I call these "mental scars."

Despite the recognized danger of living in the past, many athletes can't get over these mental scars from the past.

Reliving or revisiting bad plays high-jacks your confidence--and your focus. Thinking about how you messed up doesn’t give you feedback on how to play differently.

What you or your athletes focus on is a choice, so choosing to dwell on mistakes is like purposely and personally fracturing your confidence and programing more poor play.

And a side note... This can lead to playing it safe when you focus on avoiding making the same mistakes you made--in the future.

Have you even been overtaken by negative thoughts? Did those negative thoughts motivate you to perform better? Did those negative thoughts raise your level of play afterwards? Furthermore, has negative thinking ever enhanced your confidence?

If you want to improve confidence, you must make a choice on what you will focus your mental energy on. You have three choices... You can focus on the past, future, or present, but only one option will lead to peak performance: the present!

The question then is: How can you shrug off the past mistakes and focus 100 percent on the next play?

This is the same question Philadelphia Eagle wide receiver Josh Huff asked after under-performing during his first two years in the NFL.

During his first two years in the NFL, Huff would beat himself up after every dropped pass which admittedly crushed his confidence. Huff realized if he was to have a successful NFL career, he needed to focus on clearing his mind of any negativity.

As a first step in developing a new mindset, Huff sought the help of a sport psychologist.

HUFF: “I have been talking to a [sport] psychologist about football. I have been too hard on myself when dropping balls. I also know that it will happen in this league. It’s a long season; you’re not going to catch every pass. That’s what I had to realize.”

Huff learned to immerse himself in the present moment by moving forward after the last play finished and focusing on the play he is actively engaged in.

This strategy has helped Huff play with the confidence needed to let go of past drops and make receptions, especially the ones that are routine catches.

HUFF: “Regardless of if we drop a ball or mess up on a play, we have to shake it off and move on to the next play. Not every play is going to be perfect, and we are not going to catch every ball.”

Huff is determined to have a break-through year by adopting a ‘see ball, catch ball’ mentality.

If you want to have a break-through game or season, stop dwelling on past mistakes and focus on what you can directly control... your effort, execution, and focus on the present moment.

Strategies to Stay Focused in the Moment

Change the Channel – After each play, you need to actively change the mental TV channel.

Let go of the past by reminding yourself that you can't get a do-over or get it back. The best thing is to move on and focus on a strong finish.

If you make a mistake, say “that's over” and refocus on the next, play, pitch, or touch.

Don't waist your mental energy on past mistakes. Save them for the next practice when you can use them to learn and grow!

- Dr. Patrick Cohn

To anyone using the system - how many trades do you take on any one pair during the day? Because you never know what the highest/lowest open of the day is there can be several 'trade setups' in any day on one pair.

Also, what times do people start looking for a trade? ie: do you wait a certain amount of one hour candles in a day before looking for a setup? wait for London open? after the first candle of the day you have the highest and lowest open of the day, would you trade on that alone?

No one seems to post a record of what they've achieved or many results from the 10 trade challenge, anyone care to? I know the only way is to try it myself, which I'm going to, but I'm curious.

I notice some trade some pairs which have quite high spreads, surely for this to work in it's original form you'd need to use low spread pairs only, maximum 1.5 - 2 pips or ecn account.

If the questions have been asked before, I apologise, I'm not lazy and have looked through the thread, these seem to be points that I can't find that have been covered. Thanks for any help.

Welcome to the thread, Wholesome.

how many trades do you take on any one pair during the day?

As many setups as happen.
Can be one.
Can be more.

Also, what times do people start looking for a trade? ie: do you wait a certain amount of one hour candles in a day before looking for a setup? wait for London open? after the first candle of the day you have the highest and lowest open of the day, would you trade on that alone?

My main activity is during the NY session.
Start of Asian session provides trading on JPY, AUD and NZD pairs.
Asleep during most of London session


No one seems to post a record of what they've achieved or many results from the 10 trade challenge, anyone care to?

Results vary from trader to trader.
This thread isn't a contest or competition.
Traders here are not here to brag or boast.

where did I read this.........

Again great stuff, TS....

here my stuff from 09.23 up to 09.26

"You dont get frustrated because of events. You get frustrated because of your beliefs."

Was thinking about this and realized the dynamics of people who participate in online trading forums.
There are those who believe you should read the thread, especially post #1, before asking questions.
There are those who believe they should be able to ask questions without having read the thread.
A crystal ball is not needed to predict what happens when one from the first group encounters one from the second group.
Where do these beliefs originate?

I suspect that must have been at Another Galaxy

That doesn't mean anything to anyone except you though.

@Wholesome: yes ! and ?

Crazy action on JPY pairs.