Too Slow / Merka, thank you for the youtube link. Helps to see the method explained in video format in addition to Too Slow's charts and Michael's brilliant summary.

Highest Open / Lowest Open Trade

Ah! cool, thanks Too Slow. So what is "wrong" with the gap? Is playing the gap fill the more prudent move or is the one going in the direction of the gap? Thank you

Highest Open / Lowest Open Trade

Last time someone mentioned it was a gap fill, but I don't see any gap on these 2 charts? Hint please?

Highest Open / Lowest Open Trade

It is an inside day?

Highest Open / Lowest Open Trade

The highest high and highest open are virtually the same with no pips in between them?

Highest Open / Lowest Open Trade

Another stab: Wait for the shorter timeframe candle to cross the higher timeframe candle open before entering? That way, price is going in ur intended direction at time of entry.

Highest Open / Lowest Open Trade

I will take a stab at this: The lower the timeframe, the higher the odds of it being closer to the Highest/ Lowest open. The lower the risk but higher the odds of being stopped.

Highest Open / Lowest Open Trade

Thank you Too Slow. I realized that as I was thinking about this approach of using the H4 HO/LO instead of H1. We would definitely need more patience firstly to wait for the entry and then to allow the trade to work. Thank you

Highest Open / Lowest Open Trade

Thanks Too Slow, Wouldn't the risk increase from the highest high to the highest H4 open (or the lowest low to the lowest H4 open?) Using H1 HO/LO our risk is lower, but if we use the H4 HO/LO our risk in terms of pips would increase? Thank you

Highest Open / Lowest Open Trade

Michael, This is a fantastic compilation of the rules and frequent questions. Thank you for taking the time to put it together.

Highest Open / Lowest Open Trade

Thanks Alex! I was too focused on the Highest / Lowest Open and forgot that basic - support / resistance!

Highest Open / Lowest Open Trade

Hi Alex, Thank you for your inputs! Nicely done. I understand watching the D1 high. What is the H1 R? Thank you

Highest Open / Lowest Open Trade

Michael, Thanks a ton for these visual charts! They are very helpful. Thank you for taking the time to put these together and for the detailed notes on the charts. Much appreciated!

Highest Open / Lowest Open Trade

skljsklj1 ​Thank you for your post! This is helpful. Thank you for taking the time to put these charts together.

Highest Open / Lowest Open Trade

Thank you Hornet and Too Slow! This is a big help! I was only looking at breakout bars in the context of yesterday's high/low and not today's developing Hi/Lo. Thank you!!

Highest Open / Lowest Open Trade

Is this how u interpret Rule 1? I only interpreted it as: No entry on a H1 candle which broke yesterday's Hi/Lo. (Breakout bar). Any subsequent H1 candle which makes a new high/low after breaking yesterday's Hi/Lo I was fine taking entry. Hornet, ...

Highest Open / Lowest Open Trade

Thank you Too Slow. That's what I thought. I have been studying this for the past few days and honestly it just seems too simple with no need to look at multiple timeframes and with minimal preparation. The charts themselves are "naked" and with ...

Highest Open / Lowest Open Trade

Hi Too Slow, Do you look at the higher time frames say daily or H4 to get a directional bias at all since one side on H1 is with trend and the other is counter trend? Also, if you don't mind, what is your daily routine like? I believe you trade from ...

Highest Open / Lowest Open Trade

Thank you Too Slow. I have been studying this over the weekend and today and had one last question: In your charts you mention 1 entry per bar. Is this one entry per H1 bar? Reason I ask is because sometimes price triggers entry, stops out by ...

Highest Open / Lowest Open Trade

Thank you Too Slow. This makes sense. To rephrase everything in my own words: 1. In all 3: US, London and Asian sessions, wait for a few minutes post each H1 open in order to allow for price to make the Hi/Lo of the day and then enter at the H1 ...

Highest Open / Lowest Open Trade