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Highest Open / Lowest Open Trade

  • #10,061
  • Jan 18, 2017 11:24am Jan 18, 2017 11:24am
Quoting lemercenaire
A clue could come from OIL, which is dropping... OILUSDH1problemisoilisdropping18thjan17.png;2145681 {image}
Dollar index found a bottom me thinks.
  • #10,062
  • Jan 18, 2017 11:39am Jan 18, 2017 11:39am
Quoting TooSlow
{image} {image} HIGHEST OPEN / LOWEST OPEN TRADE Place a line at the highest H1 open and lowest H1 open for the current day. Sell short at the highest H1 open after price goes up through it and comes back down. Buy at the lowest H1 open after price goes down through it and comes back up. Stop loss is the current daily high or current daily low. Adjust your position size accordingly. Take profit by moving stop. When trade is +5 or more, move stop to BE+1. When trade is +10 or more, move to to BE+5, or switch to trailing stop. Optional exit is to...
Hi Tooslow, would u have videos of yourself trading this strategy?

thx
  • #10,063
  • Jan 18, 2017 11:42am Jan 18, 2017 11:42am
Quoting lemercenaire
{quote} For what it's worth, I do the TS dance just long enough to convince me that I'm in danger of having my toes stepped on one time too many - I'll gladly take +2, +3 as soon as I get one little push. Higher tf PA can help here as well as on your entry tf.
TS = Two Step?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,064
  • Jan 18, 2017 11:43am Jan 18, 2017 11:43am
Quoting priceaction9
{quote} Hi Tooslow, would u have videos of yourself trading this strategy? thx
NO.
You can find some videos from the ADVANCED ALIEN CIVILIZATION
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,065
  • Jan 18, 2017 11:49am Jan 18, 2017 11:49am
Quoting lemercenaire
{quote} For what it's worth, I do the TS dance just long enough to convince me that I'm in danger of having my toes stepped on one time too many - I'll gladly take +2, +3 as soon as I get one little push. Higher tf PA can help here as well as on your entry tf.
Attached Image

Got it...
  • #10,066
  • Jan 18, 2017 12:12pm Jan 18, 2017 12:12pm
Quoting hal7
{quote} images.jpeg;2145701 Got it... {image}
That last UCAD trade had me antsy, to say the least.
  • #10,067
  • Jan 18, 2017 1:28pm Jan 18, 2017 1:28pm
Quoting TooSlow
{quote} TS = Two Step?
No, I always saw this as more your style ...

Inserted Video
  • #10,068
  • Jan 18, 2017 2:10pm Jan 18, 2017 2:10pm
Quoting lemercenaire
{quote} No, I always saw this as more your style ... https://www.youtube.com/watch?v=ykMdLEXQ4fQ
Well I guess whatever makes pips..
  • #10,069
  • Jan 18, 2017 2:28pm Jan 18, 2017 2:28pm
Quoting hal7
{quote} Well I guess whatever makes pips..
Ha, I'm listening to Amy Lee just now, so yes, horses for courses, lol.
  • #10,070
  • Jan 18, 2017 6:29pm Jan 18, 2017 6:29pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,071
  • Jan 18, 2017 6:59pm Jan 18, 2017 6:59pm
Quoting TooSlow
TooSlow.png;2146090 {image}
I am curious - what was your process on that trade? Did you enter on bar 5 and exit, re enter on bar 3 and exit , and then enter on bar 1 and let trade run on bar 0?
Following rules it would have been somwhere near +10 for first trade. Be+1 for second trade and trail applied on last trade?
  • #10,072
  • Jan 18, 2017 8:41pm Jan 18, 2017 8:41pm
Quoting wannalearn12
{quote} I am curious - what was your process on that trade? Did you enter on bar 5 and exit, re enter on bar 3 and exit , and then enter on bar 1 and let trade run on bar 0? Following rules it would have been somwhere near +10 for first trade. Be+1 for second trade and trail applied on last trade?
Process?
Is dance a process?
Dance with the market.
The market always leads.

Attached Image
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,073
  • Jan 18, 2017 8:42pm Jan 18, 2017 8:42pm
Was Long in EURCHF when it made day low...exited with good profit...

.
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  • #10,074
  • Edited 9:07pm Jan 18, 2017 8:46pm | Edited 9:07pm
Long opportunity when made day low sir ...
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  • #10,075
  • Jan 18, 2017 8:48pm Jan 18, 2017 8:48pm
Quoting Kammgcni
Long opportunity....Screenshot1.png;2146197 {image}
Please read POST #1.
That is a short opportunity.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,076
  • Jan 18, 2017 9:10pm Jan 18, 2017 9:10pm
Lost in translation? It "Was" a long opportunity. it is not "A" long opportunity now.
  • #10,077
  • Jan 18, 2017 9:12pm Jan 18, 2017 9:12pm
Sold copper......
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  • #10,078
  • Jan 18, 2017 9:15pm Jan 18, 2017 9:15pm
Was long in gold from 1199....booked....at 1202
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  • #10,079
  • Jan 18, 2017 10:04pm Jan 18, 2017 10:04pm
sold ng with sl day high
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  • #10,080
  • Jan 18, 2017 10:28pm Jan 18, 2017 10:28pm
Quoting Kammgcni
Sold copper......Screenshot1.png;2146224 {image}

copper huge profit....
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