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    • TooSlow replied Dec 1, 2015

      image image Next hour. I repeat this so new comers don't have to go back to the first post. A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the current ...

      Trading is as simple as 1-2-3
    • TooSlow replied Dec 1, 2015

      Welcome, iamsovereign. Q) Are you trading from the extreme (new high or new low) to the daily open? A) No. Not exactly. 1) Did a new daily high or new daily low happen during the previous bar. If YES/TRUE go to question 2, otherwise find another ...

      Trading is as simple as 1-2-3
    • TooSlow replied Nov 25, 2015

      image Perfect example of my post above. Bar[0] opened within 4 pips of the Bar[1] daily low. How to trade? Enter as soon as bar[0] opened or wait to see what happens. In this case, it would be prudent to exit as a scalp trade due to the fact that ...

      Trading is as simple as 1-2-3
    • TooSlow replied Nov 25, 2015

      Hello asithaya, welcome. No set answer. Somewhere within 10 pips of the daily high / daily low. That being said, if bar[0] opens within 10 pips, then maybe a handful of pips. Keep in mind, no matter where price is, there are orders above and below ...

      Trading is as simple as 1-2-3
    • TooSlow replied Nov 24, 2015

      I'm located in the US and it seems that either the Hi/Lo is usually made during the London session, thus limiting the trading opportunities during the US session. Any tips on how you handle this situation? Are you sure that is a true statement? Also ...

      Trading is as simple as 1-2-3
    • TooSlow replied Nov 23, 2015

      Hi gmcc, welcome. Question: In order to find more trades during the day, have you given any thought to taking trades that don't necessarily make a new DAILY Hi/Lo but do make a recent new hi/lo and are in the direction of the current trend. Answer: ...

      Trading is as simple as 1-2-3
    • TooSlow replied Nov 23, 2015

      image Next hour. Or the one after that. I repeat this so new comers don't have to go back to the first post. A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of ...

      Trading is as simple as 1-2-3