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TooSlow replied Aug 5, 2015image 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 pair. 2) Did this bar test ( get near ) the new daily high or new daily low of the previous bar. If YES/TRUE go to ...
Trading is as simple as 1-2-3
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TooSlow replied Aug 5, 2015image 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 bar. A bar makes a NEW DAILY low and closes. Next bar fails to make a lower low and ...
Trading is as simple as 1-2-3
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TooSlow replied Aug 4, 2015image image image Next hour possible buys. A bar makes a NEW DAILY low and closes. Next bar fails to make a lower low and reverses. Buy when price rises above the open price of the current bar.
Trading is as simple as 1-2-3
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TooSlow replied Aug 4, 2015image image image Next hour possible sells. 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 bar. A bar makes a NEW DAILY low and closes. Next ...
Trading is as simple as 1-2-3
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TooSlow replied Aug 4, 2015image image image 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 bar. A bar makes a NEW DAILY low and closes. Next bar fails to make a lower ...
Trading is as simple as 1-2-3
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TooSlow replied Aug 4, 2015Wrong. Trade when price crosses the open price of the current candle.
Trading is as simple as 1-2-3
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TooSlow replied Aug 4, 2015Wrong. No trade this hour because price made a new daily high this bar.
Trading is as simple as 1-2-3
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TooSlow replied Aug 4, 2015image Stopped out for 2 pip profit. Tight stop placed. Price was above previous monthly high. Didn't want to risk getting run over.
Trading is as simple as 1-2-3