Hi Too Slow, When you get a chance can u pls elaborate as to when exactly u enter? At the open of a new H1 candle or wait for the first 5 min candle to print and close? Specifically, I am looking at understanding the highlighted below: Sell short at ...

Highest Open / Lowest Open Trade

Hi Too Slow, Since the rules say: Sell short at the highest H1 open after price goes up through it and comes back down. Buy at the lowest H1 open after price goes down through it and comes back up. Would it be fair to say: Instead of entering at the ...

Highest Open / Lowest Open Trade

Is is something to do with Last week's low like you have yesterday low on the daily and H1 charts so also u have last week's low on this week/daily chart?

Highest Open / Lowest Open Trade

The weekly momentum is down and longs are riskier?

Highest Open / Lowest Open Trade

It's in a congestion sideways range on the weekly? Have not seen you use weekly charts?

Highest Open / Lowest Open Trade

Hi Too Slow, One last question, I understand you do not play the reversals of the breakout bars on H1 which break out above / below yesterday's Hi/Lo. But, since you referenced to pay attention to yesterday's Hi/Lo, does this method to look for ...

Highest Open / Lowest Open Trade

Hi Too Slow, Similar to the qn above, I understand the significance of both yesterday's Hi/Lo (since you want to be careful of the reversal if its a breakout bar) and today's developing high/low, since you are playing the reversal and trading away ...

Highest Open / Lowest Open Trade

Hi Too Slow, I was refering to this post: url In context of what you said earlier today: "During the Asian session, trade price moving away from the open. During the London and NY sessions, trade price moving away from the current daily high/daily ...

Highest Open / Lowest Open Trade

Ok, thank you Too Slow. I understand Trading away from the daily high/low (which is the same as trading towards the daily open) When you say trading away from the daily open, are you refering to the 2nd entry which you had mentioned a few days back ...

Highest Open / Lowest Open Trade

Thank you again Too Slow. In this sentence: During the London and NY sessions, trade price moving away from the current daily high/daily low or away from the open. Do you mean: During the London and NY sessions, trade price moving away from the ...

Highest Open / Lowest Open Trade

TooSlow, Does this mean that there is a possiblity of entering both long and short on the same pair on the same day if you don't have a directonal bias as to if the bullish or bearish scenario is more likely? Thank you

Highest Open / Lowest Open Trade

Hi TooSlow, Aren't these 2 points contradictory: 1. No entry on M15 breakout bars AND 2. M15 bar must open betweeen H1 open and extreme? If M15 bar opens between H1 open and the developing Hi/Lo of the day, isin't it by definition an M15 breakout ...

Highest Open / Lowest Open Trade

Hi Too Slow, Nice idea to combine timeframes. A quick question if you don't mind: Are you saying: M15 bar must open below the lowest H1 open before you can enter = enter long? M15 bar must open above the highest H1 open before you can enter = enter ...

Highest Open / Lowest Open Trade

Thank you as always Too Slow. Does it matter if the highest open closes as a bullish or a bearish candle? (And similarly for the lowest open candle closing bullish or bearish) This is especially in regards to when you enter, when the candle you ...

Highest Open / Lowest Open Trade

Too Slow, one additional question: We spoke about entry being triggered either in the next immediate bar or a few bars after the highest / lowest open. However, if say the highest/lowest open was made in the Asian session and price got back to it in ...

Highest Open / Lowest Open Trade

Thank you Too Slow. Still digesting your answers, but based on what I know so far and the "Caution" comment you posted earlier today, here is how I see this trade entry post bar7: 1. Bar 7 broke below prior day D[1] low. Hence only trade bar6 if it ...

Highest Open / Lowest Open Trade

Hi Too Slow, I do think this method is simple, and had a few questions: 1. Are you primarily trading this method instead of the 1-2-3 thread method? 2. Putting things in my own words for this method: a. Wait for H1 candle to close and mark its open ...

Highest Open / Lowest Open Trade

Ok, thank you Too Slow. Sorry, am a little confused then - what are you trying to say with the warning then? How should it be interpreted? Thank you as always for your time,

Highest Open / Lowest Open Trade

Thank you for your replies and time Too Slow. Just one last question: In your rules you have mentioned: WARNING When price breaks through yesterday's high or low, that is a breakout! Trade the reversal with caution. So in this case, say: Price ...

Highest Open / Lowest Open Trade

Hi Too Slow, Fantastic thread. I came across it yesterday and have read through several pages. If you don't mind, I am going to summarize it in my own words and have a few questions for you when you get a chance. 1. Setup is on the H1 chart. 2. Wait ...

Highest Open / Lowest Open Trade