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Trading is as simple as 1-2-3

  • #2,201
  • Jan 30, 2017 4:57am Jan 30, 2017 4:57am
Quoting foed
EURUSD H1, could be IT. We'll see. {image}
Welcome to the thread, a bit of advice, Too Slow is going to want you to ditch all the squiggly's on your chart.
  • #2,202
  • Jan 30, 2017 5:02am Jan 30, 2017 5:02am
Quoting hal7
cad 123 1-30-17.png;2162561 Took awhile but currently have the CAD going at +7 {image}
Hi hal7, i have been looking at this chart in morning and saying to myself "this is gonna reverse go down" but according rules I can not take it.
But depply inside I knew that you or someone else will take this trade. So my questions is ? Why did u take this trade? Second bar after new daily High have not failed to make new high. It doesnt even try to make new high.
I saw a severl trades like this here and I am little confused.
If someone could explain would be great. Thank you have a good pip hunt :-)
  • #2,203
  • Edited 6:31am Jan 30, 2017 6:19am | Edited 6:31am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 41 KB
Took this for +15 and went to bed -- could have much more but happy with 15. Trade based on TRO 1-2-3 Opened at 1.07053 TP 1.0690. Also was a good WZ trade.
  • #2,204
  • Jan 30, 2017 6:27am Jan 30, 2017 6:27am
Quoting foed
{quote} Hi hal7, i have been looking at this chart in morning and saying to myself "this is gonna reverse go down" but according rules I can not take it. But depply inside I knew that you or someone else will take this trade. So my questions is ? Why did u take this trade? Second bar after new daily High have not failed to make new high. It doesnt even try to make new high. I saw a severl trades like this here and I am little confused. If someone could explain would be great. Thank you have a good pip hunt :-)
The bar I took the trade on opened at 1.31530 it moved up fractionally to 1.03537 and then back down through the open price.
It got a max of 12.8 pips before moving back up to make a new high two hours later.
  • #2,205
  • Jan 30, 2017 6:43am Jan 30, 2017 6:43am
Quoting foed
EURUSD H1, could be IT. We'll see. {image}
Please do not post charts with wiggly lines in my threads.
They are a distraction from what we do here.
Let's not confuse others.
Thank you.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,206
  • Jan 30, 2017 7:21am Jan 30, 2017 7:21am
Quoting TooSlow
{quote} Please do not post charts with wiggly lines in my threads. They are a distraction from what we do here. Let's not confuse others. Thank you.
Sorry for that. My default tempalte. Won't happen again.
Happy trading.
  • #2,207
  • Jan 30, 2017 9:31am Jan 30, 2017 9:31am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow1.png Size: 51 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,208
  • Jan 30, 2017 10:02am Jan 30, 2017 10:02am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow2.png Size: 52 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,209
  • Jan 30, 2017 12:34pm Jan 30, 2017 12:34pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow1.png Size: 52 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,210
  • Jan 30, 2017 6:42pm Jan 30, 2017 6:42pm
Quoting foed
{quote} Hi hal7, i have been looking at this chart in morning and saying to myself "this is gonna reverse go down" but according rules I can not take it. But depply inside I knew that you or someone else will take this trade. So my questions is ? Why did u take this trade? Second bar after new daily High have not failed to make new high. It doesnt even try to make new high. I saw a severl trades like this here and I am little confused. If someone could explain would be great. Thank you have a good pip hunt :-)
Sorry, foed, as I'm a bit late to the party, however as you've asked this question, you must have misunderstood something fundamentally. The question you should have asked is ''why didn't I take that trade?''

The marked (arrow) entry bar has not made a new high after the previous bar which has. This means we have a legitimate set-up and sure enough, price drops back over the trigger bar's open, so in you go.

To sum up:
Bar makes new High / Low...
Next bar fails to make newer High / Low...
Enter when price crosses the open level of 2nd bar.
  • #2,211
  • Jan 30, 2017 7:06pm Jan 30, 2017 7:06pm
Quoting lemercenaire
{quote} Sorry, foed, as I'm a bit late to the party, however as you've asked this question, you must have misunderstood something fundamentally. The question you should have asked is ''why didn't I take that trade?'' The marked (arrow) entry bar has not made a new high after the previous bar which has. This means we have a legitimate set-up and sure enough, price drops back over the trigger bar's open, so in you go. To sum up: Bar makes new High / Low... Next bar fails to make newer High / Low... Enter when price crosses the open level of 2nd bar....
You make it sound so simple.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,212
  • Jan 30, 2017 7:37pm Jan 30, 2017 7:37pm
Quoting TooSlow
{quote} You make it sound so simple.
As simple as, oh I dunno...1-2-3 maybe
  • #2,213
  • Jan 30, 2017 8:12pm Jan 30, 2017 8:12pm
Quoting lemercenaire
{quote} As simple as, oh I dunno...1-2-3 maybe
Did someone say 2 - 1 -4????? Favorite set up
  • #2,214
  • Jan 31, 2017 6:01am Jan 31, 2017 6:01am
Attached Image (click to enlarge)
Click to Enlarge Name: gu 123 1-31-17.png Size: 15 KB

Often easy as 1-2-3, this GU pulled 30 pips last hour.
  • #2,215
  • Jan 31, 2017 6:43am Jan 31, 2017 6:43am
UCAD very soon.

Do you see it Hal? be wary news
  • #2,216
  • Jan 31, 2017 8:31am Jan 31, 2017 8:31am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow1.png Size: 52 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,217
  • Jan 31, 2017 8:32am Jan 31, 2017 8:32am
Quoting TooSlow
TooSlow1.png;2165032 {image}
Isn't there news top of the hour?
  • #2,218
  • Jan 31, 2017 8:37am Jan 31, 2017 8:37am
Quoting wannalearn12
{quote} Isn't there news top of the hour?
Yes there is news at the top of the hour.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,219
  • Jan 31, 2017 8:40am Jan 31, 2017 8:40am
Quoting TooSlow
{quote} Yes there is news at the top of the hour.
hmmm... my ts senses are tingling. must watch UJ during this news... might be... tempting...
  • #2,220
  • Jan 31, 2017 8:43am Jan 31, 2017 8:43am
Quoting TooSlow
{quote} Yes there is news at the top of the hour.
Clue? Also has smacked the 50 a few times before
Attached Image (click to enlarge)
Click to Enlarge Name: ts2.jpg Size: 78 KB
Attached Image
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