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Highest Open / Lowest Open Trade

  • #10,921
  • Mar 22, 2017 3:41am Mar 22, 2017 3:41am
Quoting lemercenaire
{quote} Nope - BreakOut... {image} Ah well, Rule #5...
What that does do, is now open up our Area of Interest and gives us a bit more breathing room, so no bad thing overall in the grand scheme of things.
  • #10,922
  • Mar 22, 2017 5:43am Mar 22, 2017 5:43am
My 1. trade challenge.....EU ..+1pip
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  • #10,923
  • Edited 6:47am Mar 22, 2017 5:56am | Edited 6:47am
Trade #3
+11 Pips
EURUSD
(Still don't like too big SL)
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  • #10,924
  • Mar 22, 2017 6:17am Mar 22, 2017 6:17am
Quoting BroX
Trade #3 +11 Pips NZDUSD (Still don't like too big SL) {image}
Hi did you use SL ? below tody low? thanks
  • #10,925
  • Mar 22, 2017 6:23am Mar 22, 2017 6:23am
Quoting crmfx
{quote} Hi did you use SL ? below tody low? thanks
Yes, below today's low
  • #10,926
  • Mar 22, 2017 6:56am Mar 22, 2017 6:56am
Trade #4
+6 pips
EURGBP
(If I trade on real account, I would close part of position with +5 pips profit, part of position at 10 pips and other position would run)
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  • #10,927
  • Mar 22, 2017 7:13am Mar 22, 2017 7:13am
Quoting BroX
Trade #4 +6 pips EURGBP (If I trade on real account, I would close part of position with +5 pips profit, part of position at 10 pips and other position would run) {image}
i think that HoLo is good for scalping...5-10 pips/each trade is possible. I will continue with 0,01 still...and maybe later with bigger positions
  • #10,928
  • Mar 22, 2017 7:19am Mar 22, 2017 7:19am
Trade #5
-3.6 pips
EURGBP
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  • #10,929
  • Mar 22, 2017 7:25am Mar 22, 2017 7:25am
Today there is a lot of good entries which I missed

But now I banked + 13 pips.

I know we have price below low but I see price which make new highs and go up and up so I try it

Mayby it's not perfect entry at 111.269 but I working with this
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"The essence of Discipline is that there are no exceptions" - Jack Schwager
  • #10,930
  • Mar 22, 2017 8:35am Mar 22, 2017 8:35am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,931
  • Mar 22, 2017 10:22am Mar 22, 2017 10:22am
10 Trade Challenge EURJPY

Trade #6 = -24.5

First loss! Wasn't sure about this trade when I took it as the M15 bar barely opened in the zone, therefore when it triggered price wasn't really moving in the right direction. Was within the rules I believe, but I don't think it was a great setup to take! Should have been more patient! Next time will wait for price to move further into the zone before placing my pending order.
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  • #10,932
  • Mar 22, 2017 10:32am Mar 22, 2017 10:32am
Quoting Trekker
10 Trade Challenge EURJPY Trade #6 = -24.5 First loss! Wasn't sure about this trade when I took it as the M15 bar barely opened in the zone, therefore when it triggered price wasn't really moving in the right direction. Was within the rules I believe, but I don't think it was a great setup to take! Should have been more patient! Next time will wait for price to move further into the zone before placing my pending order. {image}
Then do not take it!!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,933
  • Mar 22, 2017 10:44am Mar 22, 2017 10:44am
Quoting TooSlow
{quote} Then do not take it!!
Yep, I know. Should have known better and wasn't fully focused on trading. Lesson learnt. Won't do it again!
  • #10,934
  • Mar 22, 2017 10:58am Mar 22, 2017 10:58am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,935
  • Mar 22, 2017 10:58am Mar 22, 2017 10:58am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,936
  • Mar 22, 2017 11:00am Mar 22, 2017 11:00am
12 of Bruce Lee’s best quotes and lessons:

  1. “Be like water making its way through cracks. Do not be assertive, but adjust to the object, and you shall find a way around or through it. If nothing within you stays rigid, outward things will disclose themselves. Empty your mind, be formless. Shapeless, like water. If you put water into a cup, it becomes the cup. You put water into a bottle and it becomes the bottle. You put it in a teapot, it becomes the teapot. Now, water can flow or it can crash. Be water, my friend.”
    ~
  2. “Be happy, but never satisfied.”
    ~
  3. “I’m not in this world to live up to your expectations and you’re not in this world to live up to mine.”
    ~
  4. “If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them.”
    ~
  5. “Love is like a friendship caught on fire. In the beginning a flame, very pretty, often hot and fierce, but still only light and flickering. As love grows older, our hearts mature and our love becomes as coals, deep-burning and unquenchable.”
    ~
  6. “Don’t fear failure. Not failure, but low aim, is the crime. In great attempts it is glorious even to fail.”
    ~
  7. “I fear not the man who has practiced 10,000 kicks once, but I fear the man who had practiced one kick 10,000 times.”
    ~
  8. “A goal is not always meant to be reached, it often serves simply as something to aim at.”
    ~
  9. “The key to immortality is first living a life worth remembering.”
    ~
  10. “Adapt what is useful, reject what is useless, and add what is specifically your own.”
    ~
  11. “Flow in the living moment. We are always in a process of becoming and nothing is fixed. Have no rigid system in you, and you’ll be flexible to change with the ever changing. Open yourself and flow, my friend. Flow in the total openness of the living moment.”
    ~
  12. “Be self-aware, rather than a repetitious robot.”

My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,937
  • Mar 22, 2017 11:01am Mar 22, 2017 11:01am
Quoting TooSlow
{image}
wasn't this invalidated because we broke lows?
  • #10,938
  • Mar 22, 2017 11:02am Mar 22, 2017 11:02am
USDCHF +8 , okey for today It's enough for me
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"The essence of Discipline is that there are no exceptions" - Jack Schwager
  • #10,939
  • Mar 22, 2017 11:05am Mar 22, 2017 11:05am
Quoting TooSlow
{image}
What that cross means? Is it indicator? Max and min? Thanks
  • #10,940
  • Mar 22, 2017 11:08am Mar 22, 2017 11:08am
Trade #6
+11 pips
EURUSD
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