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Highest Open / Lowest Open Trade

  • #8,201
  • Oct 21, 2016 8:29am Oct 21, 2016 8:29am
Quoting hrvoje
Third trade BE +1 {image}
You are doing well.
Learn to bank some pips at BE+5.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,202
  • Oct 21, 2016 8:32am Oct 21, 2016 8:32am
see my spread is about 4 pips, so after i move the SL on +5 pips, even the slightest retracement takes it out :/
#noFomo
  • #8,203
  • Oct 21, 2016 8:37am Oct 21, 2016 8:37am
Quoting hrvoje
see my spread is about 4 pips, so after i move the SL on +5 pips, even the slightest retracement takes it out :/
Are you selling when the ASK touches the line?
Or when the BID touches the line?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,204
  • Oct 21, 2016 8:38am Oct 21, 2016 8:38am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,205
  • Oct 21, 2016 8:41am Oct 21, 2016 8:41am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,206
  • Oct 21, 2016 8:41am Oct 21, 2016 8:41am
Quoting TooSlow
{quote} Are you selling when the ASK touches the line? Or when the BID touches the line?
i sell when BID touches the price. i mean i put a stop order and it sells when BID touches it. so first i have a -4 pips gap of course. then when BID is on +5 or more i move the SL, so ASK is about 1 pip from it.
am i doing it wrong?
#noFomo
  • #8,207
  • Oct 21, 2016 8:44am Oct 21, 2016 8:44am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,208
  • Oct 21, 2016 8:45am Oct 21, 2016 8:45am
Quoting hrvoje
{quote} i sell when BID touches the price. i mean i put a stop order and it sells when BID touches it. so first i have a -4 pips gap of course. then when BID is on +5 or more i move the SL, so ASK is about 1 pip from it. am i doing it wrong?
You are following the rules.
You need a better spread.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,209
  • Oct 21, 2016 8:49am Oct 21, 2016 8:49am
Quoting TooSlow
{quote} You are following the rules. You need a better spread.
yeah, well, can't get it until i put more funds into my account
anyway thanks for the confirmation
it will be playing on hard mode till then
#noFomo
  • #8,210
  • Oct 21, 2016 8:51am Oct 21, 2016 8:51am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,211
  • Oct 21, 2016 8:56am Oct 21, 2016 8:56am
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H4 candle count is 10 green in a row.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,212
  • Oct 21, 2016 8:58am Oct 21, 2016 8:58am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,213
  • Oct 21, 2016 9:07am Oct 21, 2016 9:07am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,214
  • Oct 21, 2016 9:16am Oct 21, 2016 9:16am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,215
  • Oct 21, 2016 9:18am Oct 21, 2016 9:18am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,216
  • Oct 21, 2016 9:47am Oct 21, 2016 9:47am
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Think the SELLERS will push it back down?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,217
  • Oct 21, 2016 9:56am Oct 21, 2016 9:56am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,218
  • Oct 21, 2016 9:57am Oct 21, 2016 9:57am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,219
  • Oct 21, 2016 10:01am Oct 21, 2016 10:01am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,220
  • Oct 21, 2016 10:06am Oct 21, 2016 10:06am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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menek