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Highest Open / Lowest Open Trade

  • #10,481
  • Feb 20, 2017 6:11am Feb 20, 2017 6:11am
Gotta' love ya' and leave ya' for now - play nice and I'll check back for updates later...
  • #10,482
  • Feb 20, 2017 7:26am Feb 20, 2017 7:26am
The CAD as been nice. My one and only trade today because of the US holiday.
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  • #10,483
  • Feb 20, 2017 7:58am Feb 20, 2017 7:58am
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Yawn.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,484
  • Feb 20, 2017 8:34am Feb 20, 2017 8:34am
Quoting thedrrew
The CAD as been nice. My one and only trade today because of the US holiday. {image}
Yeah, that EC also came good, albeit after a small false-start...anything connected to oil in any way is going to move at some point during the day. I've got an NC chugging along nicely over in 1-2-3-Land...

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  • #10,485
  • Edited 4:12pm Feb 20, 2017 3:54pm | Edited 4:12pm
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EDIT: Gone into BreakOut. One of my other methods has flagged this up (as well as UJ) as having a strong Buy bias (at least for now). I shouldn't have jumped the gun - sorry, folks. Hope nobody got sucked in.
  • #10,486
  • Feb 21, 2017 3:56am Feb 21, 2017 3:56am
i mark in this pic which is this indicator
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  • #10,487
  • Feb 21, 2017 6:14am Feb 21, 2017 6:14am
Just about to post this and it looks like it's going to go into a breakout - but here it is anyway...

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  • #10,488
  • Feb 21, 2017 6:19am Feb 21, 2017 6:19am
Quoting Ashwani
i mark in this pic which is this indicator {image}
That's the Bid and Ask price. You can turn it off in the indi edit function.
  • #10,489
  • Feb 21, 2017 6:51am Feb 21, 2017 6:51am
ok thanks
  • #10,490
  • Feb 21, 2017 7:02am Feb 21, 2017 7:02am
UJ - Waited waited and then -> bent the rules for a nice move. I suspect the Flash PMI for this...

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The market like a child cannot be tamed by been aggressive. One need to stay calm and react with a clear mind. Sorry if it's showing that English is not my mother tongue...
  • #10,491
  • Feb 21, 2017 7:13am Feb 21, 2017 7:13am
Quoting thedrrew
UJ - Waited waited and then -> bent the rules for a nice move. I suspect the Flash PMI for this... {image} The market like a child cannot be tamed by been aggressive. One need to stay calm and react with a clear mind. Sorry if it's showing that English is not my mother tongue...
Absolutely no problem - you let your trading do your talking!
  • #10,492
  • Feb 21, 2017 7:18am Feb 21, 2017 7:18am
Quoting lemercenaire
Just about to post this and it looks like it's going to go into a breakout - but here it is anyway... {image}
Yep, I think it may have gone into a breakout, lol...

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  • #10,493
  • Feb 21, 2017 8:19am Feb 21, 2017 8:19am
Took some more on GJ this time. I thought it was quite a push up but went in anyway because it was by the rules.

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Lem, have you take some of that S&P breakout ? It was a nice move.
  • #10,494
  • Feb 21, 2017 8:33am Feb 21, 2017 8:33am
Quoting thedrrew
Took some more on GJ this time. I thought it was quite a push up but went in anyway because it was by the rules. {image} Lem, have you take some of that S&P breakout ? It was a nice move.
Yeah I got on it, thanks. Classic 1-2-3.

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  • #10,495
  • Feb 21, 2017 8:42am Feb 21, 2017 8:42am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,496
  • Feb 21, 2017 3:08pm Feb 21, 2017 3:08pm
Quoting thedrrew
Took some more on GJ this time. I thought it was quite a push up but went in anyway because it was by the rules. {image} Lem, have you take some of that S&P breakout ? It was a nice move.
Lem/Dreww, Are you referring to the S&P stock index with this post? Although it was hard for me to stick with one market. I am still doing it. I continue to check myself with questions to be sure I am not breaking the rules. I am presently trading the NZ on a sim account. two trades today. One buy good for 29 pts. Ina sell now up 7 points Whups, just checked it. I could have likely held the short, but the NZ started to stall, so I am out with 9 points profit on trade number two. I held onto that trade a couple of hours at least.

Also On 123 notice a lot of chat regarding using daily or H4 tf. Question to TS. Do you you use either daily or H4 as part of your trading every day? Once again Lem/Dreww. S&P index? I looked for a chart, corresponding they are all currency charts.
  • #10,497
  • Feb 21, 2017 4:07pm Feb 21, 2017 4:07pm
Quoting frisco
Question to TS. Do you you use either daily or H4 as part of your trading every day? Once again Lem/Dreww. S&P index? I looked for a chart, corresponding they are all currency charts.
Frisco, have you read this thread?
The question is posed because your question contains an inherent fallacy.
What is it you seek to know?
The daily chart contains up to 6 H4 candles.
The H4 chart contains up to 4 H1 candles.
The H1 chart contain up to 12 M5 candles and/or up to 60 M1 candles.
Price is the same no matter how you slice it.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,498
  • Feb 21, 2017 4:45pm Feb 21, 2017 4:45pm
Quoting frisco
{quote} Lem/Dreww, Are you referring to the S&P stock index with this post? Although it was hard for me to stick with one market. I am still doing it. I continue to check myself with questions to be sure I am not breaking the rules. I am presently trading the NZ on a sim account. two trades today. One buy good for 29 pts. Ina sell now up 7 points Whups, just checked it. I could have likely held the short, but the NZ started to stall, so I am out with 9 points profit on trade number two. I held onto that trade a couple of hours at least. Also On...
Lem/Dreww, Are you referring to the S&P stock index with this post?

Yes and no. It's not a futures chart but a spread-betting chart available in the UK.
  • #10,499
  • Feb 21, 2017 5:18pm Feb 21, 2017 5:18pm
When you trade the H4 or the daily, Do you change your trailing stop values....or are they pretty much the same as the H1 rules?
  • #10,500
  • Feb 21, 2017 5:29pm Feb 21, 2017 5:29pm
Quoting frisco
When you trade the H4 or the daily, Do you change your trailing stop values....or are they pretty much the same as the H1 rules?
I / we are not trading the H4 and / or Daily. When you hear us talking about those time-frames (and it'll mostly be me), it will be because I use the wick-zones formed by the Daily and H4 candles in my decision-making process when looking at possible 1-2-3 trades. This is on me, it is not a standard rule in 1-2-3 trading. I never take the chart off H1 when trading 1-2-3 set-ups.
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