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Highest Open / Lowest Open Trade

  • #11,241
  • Apr 11, 2017 7:54am Apr 11, 2017 7:54am
Quoting Panisko
{quote} I am start thinking that only I have this problem with found some entry lemercenaire which pair do you observe? becouse I am start looking which will be mayby good too.
No, not just you ...

I don't observe any single pair. I will look at those coming active in the sessions just opening and also if I have been watching a 1-2-3, I will drop into HOLO mode after that on that pair, as one often leads into another.
  • #11,242
  • Apr 11, 2017 8:33am Apr 11, 2017 8:33am
"Only" BE
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"The essence of Discipline is that there are no exceptions" - Jack Schwager
  • #11,243
  • Apr 12, 2017 8:31am Apr 12, 2017 8:31am
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Ready, Set, ... WAITING
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,244
  • Apr 12, 2017 8:39am Apr 12, 2017 8:39am
Quoting TooSlow
{image} Ready, Set, ... WAITING
Is it correct to say that you are ignoring the H1 breakout because it was only broken by a pip or two?
  • #11,245
  • Apr 12, 2017 9:10am Apr 12, 2017 9:10am
Quoting Trekker
{quote} Is it correct to say that you are ignoring the H1 breakout because it was only broken by a pip or two?

I thinking too about it.

Sometimes price don't make ideal moves but when it's only little I think it's show good reaction on this "level".
"The essence of Discipline is that there are no exceptions" - Jack Schwager
  • #11,246
  • Apr 12, 2017 9:31am Apr 12, 2017 9:31am
Quoting Panisko
{quote} I thinking too about it. Sometimes price don't make ideal moves but when it's only little I think it's show good reaction on this "level".
Yep, makes sense. As I'm new to this method, I've been automatically dismissing any H1 breakout trades, but I guess if it's only by a pip or two and there is a good reaction, it's OK to bend the rules a little bit.
  • #11,247
  • Apr 12, 2017 9:59am Apr 12, 2017 9:59am
Hope you guys didn't get your fingers burned by all that burning red CAD news. You did check, right?
  • #11,248
  • Apr 12, 2017 10:36am Apr 12, 2017 10:36am
Quoting lemercenaire
Hope you guys didn't get your fingers burned by all that burning red CAD news. You did check, right?
Yep, I checked (have the FF indi cal on my screen!), but somehow even though I saw Red CAD news coming up, it didn't register that USDCAD was CAD! Not sure what neurons miss fired in my brain, but I at least made back the loss in the trades below! (no point in posting the chart for this one)

Just closed a EURUSD and USDJPY trade. The USDJPY was technically not a valid setup as it was a H1 breakout, but as it was only by a pip and moved back down nicely, so I took it. EURUSD, I closed the trail when it stalled at the nearing the days high.

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  • #11,249
  • Apr 12, 2017 10:40am Apr 12, 2017 10:40am
Quoting Trekker
{quote} Yep, I checked (have the FF indi cal on my screen!), but somehow even though I saw Red CAD news coming up, it didn't register that USDCAD was CAD! Not sure what neurons miss fired in my brain, but I at least made back the loss in the trades below! (no point in posting the chart for this one) Just closed a EURUSD and USDJPY trade. The USDJPY was technically not a valid setup as it was a H1 breakout, but as it was only by a pip and moved back down nicely, so I took it. EURUSD, I closed the trail...
It's called a brain-fart...we've all had them, lol. Good job on the recovery.
  • #11,250
  • Apr 12, 2017 11:16am Apr 12, 2017 11:16am
Even that strong SL must be always ! Every one make sometimes mistakes, when I realized that my trading looks better because now I looking from bigger perspective and don't want fast "recovery" losess.
"The essence of Discipline is that there are no exceptions" - Jack Schwager
  • #11,251
  • Apr 12, 2017 11:22am Apr 12, 2017 11:22am
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Dipping toes into the water.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,252
  • Apr 12, 2017 11:43am Apr 12, 2017 11:43am
Quoting Trekker
{quote} Is it correct to say that you are ignoring the H1 breakout because it was only broken by a pip or two?
Not ignoring.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,253
  • Apr 12, 2017 12:42pm Apr 12, 2017 12:42pm
Quoting TooSlow
{quote} Not ignoring.
Dancing
  • #11,254
  • Apr 13, 2017 9:58am Apr 13, 2017 9:58am
Krzyzewski's "Next Play" Philosophy For Letting Go of Mistakes

One of the hardest things for any athlete is to move forward after a mistake and focus "in the moment."

Yet athletes are constantly told by coaches to forget about the last play, the previous point or the mistake that happened.

Think about a time when, in the heat of battle, you made a critical mistake...

For example, the gymnast that falls off the balance beam, the goal keeper that froze and let in a cheap goal, the tennis player that slammed the ball long when he had his opponent leaning the opposite way...

You probably felt a rush of negative emotions (frustration, anger, embarrassment) flow through your body and mind.

You look at your coach and your coach says, "Forget about that mistake."

It is not like you think, "Hey thats great advice, I feel better now."

In fact, you probably grab onto the most profound word in that sentence, MISTAKE, and replay it in your mind until you are totally taken out of your game...

You know performing in the moment is necessary, but it seems impossible to focus to do after you make a stupid mistake or error on a routine play.

Why is it so difficult to let go of that stupid mistake?

One explanation is that you are human.

When you make a mistake, its normal to be upset. If youre never upset after a mistake, either you dont care or you expect to always under-perform.

The second explanation is that you were not taught how to let go of mistakes, have not practiced the skill of focusing in the moment, or have not learned how to refocus after a mistake.

Mike Krzyzewski, head basketball coach for the Duke Blue Devils understands the value of teaching the ability to focus, in addition to learning the Xs and Os of the game.

KRZYZEWSKI: "To waste time lamenting a mistake or celebrating success is distracting and can leave you and your team unprepared for what you are about to face. It robs you of the ability to do your best at that moment and to give your full concentration."

Krzyzewski teaches something he calls the "next play" philosophy and there is no denying that this philosophy has helped his teams win five national championships, appear in 12 Final Four games and take home 26 ACC regular-season and tournament titles.

This "next play" philosophy or mindset was ingrained in him when he was an undergraduate at the U.S. Military Academy.

KRZYZEWSKI: "Its more like a West Point thing, like whats your next mission? So, whenever you got knocked back individually and collectively [as a team], they taught you, OK, next play. What am I going to do next?'"

No matter what your sport, you can adopt Krzyzewskis successful philosophy and, with some practice, you can learn to quickly re-focus after a mistake.

A Tip For Adopting The 'Next Play' Philosophy:

Process the mistakes and start asking yourself, "Whats next?"

This prompt helps you focus on what you have to do next. This gets your head out of the last play and puts your focus in the present moment.

If you consistently ask yourself this question, you will develop the habit of focusing on the present moment.

Athletes that judge themselves during their performance can apply the same strategy. Instead of thinking about how well you performed the last play or skill, tell yourself "NEXT."

- Dr. Patrick J. Cohn
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,255
  • Apr 14, 2017 2:17am Apr 14, 2017 2:17am
Nice method, demo trading mode activated. Thanks Too Slow for sharing
  • #11,256
  • Apr 14, 2017 8:26am Apr 14, 2017 8:26am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,257
  • Apr 14, 2017 11:43am Apr 14, 2017 11:43am
The 7 Differences Between Professionals and Amateurs

https://medium.com/the-mission/the-7...s-f8efc4840861
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,258
  • Apr 14, 2017 12:25pm Apr 14, 2017 12:25pm
Hi, i not find this indicators and template :/, someone can help find please?
  • #11,259
  • Apr 16, 2017 5:51pm Apr 16, 2017 5:51pm
Who is taking the 10 trade challenge the week of April 16, 2017?

During the challenge you are only to trade the same pair.
Beginners do not get to trade multiple pairs until they have mastered trading one single pair.
GREEN PIPS TO ALL.
Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,260
  • Apr 17, 2017 4:14am Apr 17, 2017 4:14am
Good trade would have happened in EUR/USD. Took the trade(on demo account), but some time later I noticed that I placed a buy limit instead of a sell stop... So normally it would have been a positive trade
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