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Highest Open / Lowest Open Trade

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  • Post #8,081
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  • Oct 19, 2016 3:55am Oct 19, 2016 3:55am
  •  lemercenaire
  • Joined Oct 2015 | Status: Member | 17,590 Posts | Online Now
AUDCHF You could have got an entry if you'd gone down to the m1 early on today and I'd be tempted by a short later as well if we get one...

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  • Post #8,082
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  • Oct 19, 2016 4:00am Oct 19, 2016 4:00am
  •  lemercenaire
  • Joined Oct 2015 | Status: Member | 17,590 Posts | Online Now
NZDJPY Seems like it should be good in the next hour but the surroundings worry me, especially that Daily Pivot at the open...plus a Southern Hemisphere pair...mmm...

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  • Post #8,083
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  • Oct 19, 2016 4:03am Oct 19, 2016 4:03am
  •  lemercenaire
  • Joined Oct 2015 | Status: Member | 17,590 Posts | Online Now
EURJPY A possible for sure here now...

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  • Post #8,084
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  • Oct 19, 2016 4:16am Oct 19, 2016 4:16am
  •  ikdenk
  • Joined Nov 2009 | Status: Member | 747 Posts
Quoting lemercenaire
Disliked
GBPCHF Heads-Up, though the pivots could have a bearing... {image}
Ignored
What is that red unmarked line in the middle of your chart, please?
  • Post #8,085
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  • Oct 19, 2016 4:31am Oct 19, 2016 4:31am
  •  lemercenaire
  • Joined Oct 2015 | Status: Member | 17,590 Posts | Online Now
Quoting ikdenk
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{quote} What is that red unmarked line in the middle of your chart, please?
Ignored
Ask line.
  • Post #8,086
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  • Oct 19, 2016 4:40am Oct 19, 2016 4:40am
  •  LinFX
  • | Joined Jun 2015 | Status: Member | 163 Posts
A setup? but it's breaking yesterday low...

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Simplicity is the key to brilliance
  • Post #8,087
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  • Oct 19, 2016 4:53am Oct 19, 2016 4:53am
  •  ikdenk
  • Joined Nov 2009 | Status: Member | 747 Posts
Quoting lemercenaire
Disliked
{quote} Ask line.
Ignored
Thanks. I suppose you only use it on pairs with big spread.

Took 'revenge' on chfjpy. Stopped out twice at BE+1. Now closed at +5 pips.

Did that the whole of last week, taking five pips, scalping like - made more money that way than BE+1 multiple times.

Depends on the price action at the time I suppose.

One thing is for sure, there is almost always volatility at the hourly opens.

Maybe a quick 5 pip scalp with TP set could be an option.

(4 invisibles watching at the moment - 50% of the members!)
  • Post #8,088
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  • Oct 19, 2016 4:53am Oct 19, 2016 4:53am
  •  LinFX
  • | Joined Jun 2015 | Status: Member | 163 Posts
EJ: BE + 1

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Simplicity is the key to brilliance
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  • Post #8,089
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  • Oct 19, 2016 5:35am Oct 19, 2016 5:35am
  •  lemercenaire
  • Joined Oct 2015 | Status: Member | 17,590 Posts | Online Now
EURJPY Anytime soon?

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  • Post #8,090
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  • Oct 19, 2016 6:50am Oct 19, 2016 6:50am
  •  LinFX
  • | Joined Jun 2015 | Status: Member | 163 Posts
Quoting lemercenaire
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EURJPY Anytime soon? {image}
Ignored
I got scared off by the long wick in M15. Took EURUSD instead. Just 10 pips, pussy cat said don't greedy. Get 10 pips and run.

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Simplicity is the key to brilliance
  • Post #8,091
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  • Oct 19, 2016 7:27am Oct 19, 2016 7:27am
  •  mizi123
  • Joined Jan 2015 | Status: Never underestimate value of an pip | 3,889 Posts
USD/CAD....... UP
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  • Post #8,092
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  • Oct 19, 2016 7:38am Oct 19, 2016 7:38am
  •  TooSlow
  • Joined Mar 2012 | Status: Trader | 10,833 Posts
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • Post #8,093
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  • Oct 19, 2016 8:02am Oct 19, 2016 8:02am
  •  WoS
  • | Joined Sep 2016 | Status: Member | 29 Posts
USD/CAD missed,Im waiting for EURJPY
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  • Post #8,094
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  • Oct 19, 2016 8:11am Oct 19, 2016 8:11am
  •  TooSlow
  • Joined Mar 2012 | Status: Trader | 10,833 Posts
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • Post #8,095
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  • Oct 19, 2016 8:25am Oct 19, 2016 8:25am
  •  TooSlow
  • Joined Mar 2012 | Status: Trader | 10,833 Posts
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • Post #8,096
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  • Oct 19, 2016 9:11am Oct 19, 2016 9:11am
  •  bapakjason
  • Joined Apr 2014 | Status: Member | 1,888 Posts
this one from end of previous hour (well after red news), on the 5min chart price was rising:
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  • Post #8,097
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  • Oct 19, 2016 9:16am Oct 19, 2016 9:16am
  •  TooSlow
  • Joined Mar 2012 | Status: Trader | 10,833 Posts
What Is the confidence gap?

Many people are completely lost in something I call the confidence gap. Its that place we get stuck when fear gets in the way of our dreams and ambitions. You know youre stuck in the confidence gap if you believe something like this:

I cant achieve my goals, perform at my peak, do the things I want to do, or behave like the person I want to be until I feel more confident.

Does this ring true for you? Many self-help approaches inadvertently encourage you to think this way, but you will soon discover that the more tightly you hold on to this belief, the more it will hold you back from creating the life you want.

Dr. Russ Harris

My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • Post #8,098
  • Quote
  • Oct 19, 2016 10:26am Oct 19, 2016 10:26am
  •  TooSlow
  • Joined Mar 2012 | Status: Trader | 10,833 Posts
Technical analysis works but you are doing it wrong – like 99% of all traders

http://www.tradeciety.com/technical-...f-all-traders/
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
1
  • Post #8,099
  • Quote
  • Oct 19, 2016 10:27am Oct 19, 2016 10:27am
  •  dominus
  • | Joined Apr 2014 | Status: Member | 55 Posts
Hey,

So I thought about entering on this trade, when it the 15M bar opened between Lower open and Low, but fortunately I didn't, because it didn't go up, but it went straight down making a new low. Any comments on this?
Was it not a good trade because the price had recently opened in this area, went up and then again down, but this time it simply didn't go back up? And the 1H was too bearish as well?

Thanks for the insight.
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  • Post #8,100
  • Quote
  • Oct 19, 2016 10:55am Oct 19, 2016 10:55am
  •  TooSlow
  • Joined Mar 2012 | Status: Trader | 10,833 Posts
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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