Huh? Sorry, I am lost. So my answer is incorrect? Can you please throw light on what I missed? You shared 4-5 charts and looks like I missed something? Thank you,

Highest Open / Lowest Open Trade

Too Slow, I will take a stab at this. We look for a M5 / M15 open between Highest High and HO on H1 and Lowest Low and LO on H1. Similarly, I guess we could (should?) look at H1 open with respect to HOLO and HH / LL on H4? ie. If H1 open is between ...

Highest Open / Lowest Open Trade

Thank you Lemercenaire!

Highest Open / Lowest Open Trade

I think he meant if u r not clear, best to stay out. I myself am not clear on how to approach it.

Highest Open / Lowest Open Trade

Ok, thank you Too Slow!

Highest Open / Lowest Open Trade

Thank you for the chart learn2fly. Too Slow, this is my question. A Breakout bar HH after the HO. Is the area of interest still valid for a short? Or should we look for a new HO post this HH? Thank you

Highest Open / Lowest Open Trade

Hi Too Slow, Does it matter if the HO/ LO is formed before the HH / LL or vice versa? E.g. Today in EURUSD, price blew through the HO area of interest made a HH (Breakout Bar)but not a HO. It then pulled back to the earlier HO. So is the sequence of ...

Highest Open / Lowest Open Trade

Hi Too Slow, I understand Rule 1: No entry on H1, M30, M15, M5 breakout bars. However, once price gets above / below yesterday Hi/Lo and stops making a new Hi/Lo for today, is there any preference to either: 1. Fade yesterday's candle Or 2. Enter ...

Highest Open / Lowest Open Trade

Thanks Pippy....probably trying to overthink.

Highest Open / Lowest Open Trade

Too Slow, Do you prefer an immedaite entry after a couple of minutes or a couple of hours post the HO / LO formed on the H1 or is it ok if price returns to the area of interest after several hours and in a different session? E.g. HO / LO is created ...

Highest Open / Lowest Open Trade

Thank you portdave!

Highest Open / Lowest Open Trade

Wot does TOTH stand for? Thank you.

Highest Open / Lowest Open Trade

[quote=TooSlow;9083055] image Set the smHiLoOpen Lines_v1.2 inputs to show only the highest/lowest opens for M5, M30 (PTG ) and H1. Wait. Wait for a new highest/lowest H1 line to appear. Wait. Wait for a new highest/lowest M5 line to appear. ...

Highest Open / Lowest Open Trade

Ok. thank you. I gave up reading that thread since I made the incorrect assumption of looking only at daily charts. Will go back and reread. Thanks!

Highest Open / Lowest Open Trade

Hi Too Slow, Can you please elaborate on Rule 2 of the 1-2-3 method? How do u define the current bar as testing the Hi/Lo of the last bar? Thank you

Highest Open / Lowest Open Trade

Yes, Too Slow, I understand. Thank you. As Lemercenaire said, I too have been looking at H1 opens but using candle sticks and not bar charts. What I was getting at was my initial confusion about the 1-2-3 thread and using the daily chart only and ...

Highest Open / Lowest Open Trade

Yes, I understand. Thank you. But the entry time differs based on which chart period you use. Initially, on the 1-2-3 thread, I was looking only at the daily charts and hence an entry next day after a new daily Hi/Lo was made. Also, this increased ...

Highest Open / Lowest Open Trade

Too Slow, I just had a lightbulb moment. I had first found the 1-2-3 thread and from there came to this thread. On the 1-2-3 thread I thought u had meant daily charts only. I now realize that on the 1-2-3 thread, you were refering to H1 charts and ...

Highest Open / Lowest Open Trade

Thank you Lemercenaire. This was very helpful. Never knew Hedge Funds also followed such a simple process...Simple but not easy.

Highest Open / Lowest Open Trade

Winston, How do you define an Engulf? Is this an engulfing bar which takes out both the high and low of the prior bar or something else? Thank you

Price is everything