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OHLC Strategy

  • #21
  • Nov 17, 2016 1:37pm Nov 17, 2016 1:37pm
What time is your daily OHLC though ?
As far as I know, people have different daily OHLC because of brokers.
I mean what hour of GMT do you define as your daily open ?
The truth is hidden from you
  • #22
  • Nov 17, 2016 5:10pm Nov 17, 2016 5:10pm
Quoting MaxenshteinD
What time is your daily OHLC though ? As far as I know, people have different daily OHLC because of brokers. I mean what hour of GMT do you define as your daily open ?
Yes, you are right. Its funny when i assuming we are using same data

My broker using GMT +2 as daily open.

Thanks for your question.
Yen bodho ki ojo nemen nemen...
  • #23
  • Nov 17, 2016 5:16pm Nov 17, 2016 5:16pm
Quoting Rollsnowball
Study case for today with AU daily open break for short and if yesterday low strong break happen will make today low forecast. 0.7500 set for stop Will see, time will tell
Final result of AU study case.

Its travelling as expected...strong broken yesterday low.
The only problem for me is it happen during NY session as the set up prepared in asia session.

Study case #2 close.

I am looking for EURUSD set up for today. Any thoughs regarding EU will be apreciate.

Thanks
Yen bodho ki ojo nemen nemen...
  • #24
  • Nov 18, 2016 12:28am Nov 18, 2016 12:28am
EU study case #3.

This event will be tough one. All scenario could be happen. We have all reason to resume that EU will continue drop or roaring back from current level.

Back to OHLC strategy. Yesterday data high @ 1.0743 and Low 1.0617 before close near the low @1.0623(my broker data).
Current level below today open that indicate bear take control.
I will look priice Action during or after news .
I prefer long from the low of the day if PA support.

Trade safe.
Yen bodho ki ojo nemen nemen...
  • #25
  • Nov 18, 2016 6:39am Nov 18, 2016 6:39am
Quoting Rollsnowball
EU study case #3. This event will be tough one. All scenario could be happen. We have all reason to resume that EU will continue drop or roaring back from current level. Back to OHLC strategy. Yesterday data high @ 1.0743 and Low 1.0617 before close near the low @1.0623(my broker data). Current level below today open that indicate bear take control. I will look priice Action during or after news . I prefer long from the low of the day if PA support. Trade safe.
Got the pips from today low(forecast/asumption) to Today open.

Just see how Open level respected for now.

Study case #3 close. Total 3 case clear for this week.

Happy weekend.
Yen bodho ki ojo nemen nemen...
  • #26
  • Nov 19, 2016 1:22am Nov 19, 2016 1:22am
Here is an example how we trade OHLC.

Your eye is most important to spot the potential entry and exit with the Price Action understanding.
We use TF 30M to monitor and daily candlestick to analysis.

An example of downtrend of AU.
Just see how level of Open for the day we trade and Yesterday High or Low be respected.

thanks you
Attached Image (click to enlarge)
Click to Enlarge Name: AU study case.JPG Size: 54 KB
Yen bodho ki ojo nemen nemen...
  • #27
  • Nov 19, 2016 4:00am Nov 19, 2016 4:00am
This week we have very interesting Weekly OHLC for all major pair, especially UJ.

If you take a look on UJ Weekly chart..the Open and Low data is very close and The High and Closing almost the same.

If you interesting to test and train your skill...just spot your forecast of the high or low (daily bases) during next week for UJ.

Share your experience.

Only by exercises we will mastering the skills.
Yen bodho ki ojo nemen nemen...
  • #28
  • Nov 20, 2016 5:58pm Nov 20, 2016 5:58pm
First study case this week.
OHLC View

EU we may have small reversal(corection of down trend) from the Low of last Friday, before sell off happen.

Similar case for UJ...Just see the high forecast of today and last high of friday.
Yen bodho ki ojo nemen nemen...
  • #29
  • Nov 20, 2016 9:25pm Nov 20, 2016 9:25pm
EU Progress

As long today open respected...we will test friday high or more( if clear break of friday high happen).
Yen bodho ki ojo nemen nemen...
  • #30
  • Nov 21, 2016 1:41am Nov 21, 2016 1:41am
Quoting Rollsnowball
EU Progress As long today open respected...we will test friday high or more( if clear break of friday high happen).
As expected...so far so good.
Yen bodho ki ojo nemen nemen...
  • #31
  • Nov 21, 2016 1:52am Nov 21, 2016 1:52am
EU Close long @ around friday high...

Will see PA again.
Yen bodho ki ojo nemen nemen...
  • #32
  • Nov 21, 2016 6:04am Nov 21, 2016 6:04am
Quoting Rollsnowball
First study case this week. OHLC View EU we may have small reversal(corection of down trend) from the Low of last Friday, before sell off happen. Similar case for UJ...Just see the high forecast of today and last high of friday.
Not a big surprise.. When UJ break friday high
Yen bodho ki ojo nemen nemen...
  • #33
  • Nov 21, 2016 9:20am Nov 21, 2016 9:20am
Seems to be the same even with non standard times for daily open
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 38 KB
Click to Enlarge Name: Screenshot2.png Size: 60 KB
The truth is hidden from you
  • #34
  • Nov 21, 2016 5:47pm Nov 21, 2016 5:47pm
Quoting MaxenshteinD
Seems to be the same even with non standard times for daily open {image} {image}
To have same daily ohlc as mine, please try demo account of indonesian brokers( not to recomended to trading with it just try demo to get same daily OHLC as mine)...you could try mifx.com or ccf.com.

While i dont have any experience to trade with far different with my brokers daily ohlc.

I whould try to help with level price when posting.

Thanks a lot
Yen bodho ki ojo nemen nemen...
  • #35
  • Nov 21, 2016 6:19pm Nov 21, 2016 6:19pm
UJ study case for today.

Scenario for correction...
Break yesterday low @ 110.50 for 109.87 friday low.

Might be hold this level then buyers interest will seen .

Trade safe ( set stop loss)
Yen bodho ki ojo nemen nemen...
  • #36
  • Nov 21, 2016 8:17pm Nov 21, 2016 8:17pm
Quoting Rollsnowball
UJ study case for today. Scenario for correction... Break yesterday low @ 110.50 for 109.87 friday low. Might be hold this level then buyers interest will seen . Trade safe ( set stop loss)
The set up fail in asia session..have to move strong since yesterday NY session.
Will see PA @LONDON session
Yen bodho ki ojo nemen nemen...
  • #37
  • Nov 21, 2016 9:39pm Nov 21, 2016 9:39pm
EU study case again

We might seen 1.0675-1.0710 for today( the high forecast of today)...before find bears again.
Yen bodho ki ojo nemen nemen...
  • #38
  • Nov 22, 2016 9:17pm Nov 22, 2016 9:17pm
dangerEUROUSD

We have consolidation for last 2 days...bears attack on every high and vise versa, weekly open so far hold.

my OHLC strategy consist with no long before 1.0725 clear break on daily closing.

We have FOMC as a triggers for such a big move breaking last two days range.

Trade safe.
Yen bodho ki ojo nemen nemen...
  • #39
  • Nov 23, 2016 4:12am Nov 23, 2016 4:12am
Quoting Rollsnowball
dangerEUROUSD We have consolidation for last 2 days...bears attack on every high and vise versa, weekly open so far hold. my OHLC strategy consist with no long before 1.0725 clear break on daily closing. We have FOMC as a triggers for such a big move breaking last two days range. Trade safe.
The game of rinse, wash and repeat..

Waiting to see 1.0510
Yen bodho ki ojo nemen nemen...
  • #40
  • Nov 23, 2016 7:32am Nov 23, 2016 7:32am
Quoting Rollsnowball
{quote} The game of rinse, wash and repeat.. Waiting to see 1.0510
Just see how interesting of PA around today open...sign of weakness.

Its happen without such a news affect , even before FOMC.

TRADING SAFE
Yen bodho ki ojo nemen nemen...
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