Ok out at 24 pips.

Higher low, lower high system

Eur and gbp had similar lh's. I chose eur which is struggling and gbp so far has had a good move down.

Higher low, lower high system

After my first post this am I had visitors and had to help a friend out so US session will be my first chance to trade. The UK session seems to have had a couple of good opportunities for Eur in particular. Just showing as examples.

Higher low, lower high system

Jpy was erratic, when its like this I'll steer clear and concerntrate on eur and gbp which showed smooth hl's.

Higher low, lower high system

Once you have got a direction I'll generally trade every hl/lh until it fails. Gbp gave a couple of signals as marked by the up arrows. Virtually no pullback it looks like once entered. So Eur and Gbp gave good trades in the Asian session. The 1st ...

Higher low, lower high system

A pleasure, welcome aboard. Please also look at Islanders posts on the thread I mentioned a few posts back. I rarely trade Asian session only under bouts of extreme insomnia so this is armchair quarterbacking. Euro. After the dramatic fall to just ...

Higher low, lower high system

Eur set up for a sell with 3rd lh, thankfully after the 5 min set up candle the next one opened higher and just carried on going up, so no trade. Just as well local time is 8 am and we are very wary of 3rd move by 8 am (2am est). Can't explain it ...

Higher low, lower high system

Hi Sonic I've been on a lot of threads where I've seen you around, you're most welcome here. I hope this may be of help. What an afternoon to have chosen to take a break, thank goodness theres more trades coming tomorrow!!

Higher low, lower high system

From a 5 min chart it becomes a sell from the lower high, the 2 emas are 34, thanks Islander, and a 5 ema 3 shift.

Psych Levels, Pivots, and Trendlines - Resurrected

Thankyou, its a pleasure. Just got back from picking my mom up, some more charts and thoughts on whats happened whilst I was out. Jpy was making higher highs so the move down from 151.30 would not have been a trade on this system. The very last move ...

Higher low, lower high system

1.8032 held so I'm out. As I've hit my 40% profit target for the month I'll probably take a break for the afternoon, cheers.

Higher low, lower high system

Took a while for this one to set up. Whilst the hourly candle was a positive close the pivot and 1.81 held. The lh candle low did get broken for a sell.

Higher low, lower high system

I have thanked him on the thread url and have mentioned this thread before. If you've noticed the yellow ema that has crept into my 5 min charts its the 34 ema that Islander has been using to great effect. It seems to compliment very nicely some ...

Higher low, lower high system

Hi Islander Just wanted to thankyou for the 34 ema idea. It compliments very nicely the 5 ema (3 shift) I've been using on lower highs and higher lows. Many thanks.

Psych Levels, Pivots, and Trendlines - Resurrected

I didn't trade the hl's on eur and gbp due to the level of volatility that came in. On a typical trade I will look for the extreme of the 5 min to be broken for the final confirmation. Another option is to look at the 1 min for hl's, lh's as an ...

Higher low, lower high system

Jpy rejected 150.25 the top of last hl, because of the rapid move up the ema could not catch up. One of those decisions, looking to sell but the ema was still some way off. The strong rejection of 150.25 gave me belief that we were in for a fall. So ...

Higher low, lower high system

I had this set up for a sell after a shooting star on 1 hr. The last 5 min candle opened slightly higher and carried on going up. As price didn't go just below the set up 5 min candle a losing trade was averted. The same chart shows 3 very nice ...

Higher low, lower high system

Jpy is still on a lh on 5 min. Eur and gbp after a spinning top on their hourly charts are now on potential hl's. Eur had to stay below 1.4367 and gbp below 1.8034 to stay on lh's. we could have buys setting up here. The hl failed immediately and we ...

Higher low, lower high system

I'm quite happy to look for bigger trades (40 pips up) from UK session and as day and the trade goes along I'm happy to grab 10-20 pips when a trade has set up but doesn't work out as hoped. I wanted 152 to fail and target S3. 152 seems a problem ...

Higher low, lower high system

I was hoping the fall in eur would drag jpy below 152, didn't like the push up so whilst it was probably a bad idea to exit after a good morning I'm OK to grab 10 pips from this one.

Higher low, lower high system