My trades yesterday being 27/11/2024 I placed the first three trade positions that 0.51X3, it hit BE+1 I noticed that the setup has not changed so I placed the second Three trades, it hit my profit target. TP1 = 40 Pips, TP2 = 70 Pips and TP3 = 100 ...

Highest Open / Lowest Open Trade

Hello DwnUndrTrdr, thanks for your reply. I was thinking that breakout is when current price open above Yesterday's Highest High and price open below yesterday's Lowest Low. Please, if I am wrong correct me. Thanks mate

Highest Open / Lowest Open Trade

I placed three trades positions that is 0.54 X 3, it hit BE+1 I placed another three trades positions that is 0.54 X 3, it also hit BE+1

Highest Open / Lowest Open Trade

It is the Lowest low of the current day candle

Highest Open / Lowest Open Trade

These are my setups based on this strategy I Placed trade position in EURJPY and It is on BE+1 at the moment.

Highest Open / Lowest Open Trade

DwnUndrTrdr, you are right most especially as price pullback to the open of the second candle after the Highest High and Lower low candle. I see Quasimodo Reversal (QMR, SNRC1, SNRC2 etc).

Highest Open / Lowest Open Trade

Dear MuniFX, Thanks.

Highest Open / Lowest Open Trade

You don't answer the question you did not understand.

Highest Open / Lowest Open Trade

QUESTION price breaks the 2nd candle open and return back to open of the 2nd candle. Is this trade still valid to place a sell position? I switch to M15 and M5, I noticed that candle closed below the open of the 2nd candle. If the trade is still ...

Highest Open / Lowest Open Trade

Dear vladleb, this is another live trade on EURUSD

Highest Open / Lowest Open Trade

This is the open of the entry candle. My first trade position was hit BE+1 because price breaks the open of the candle but reverse back.

Highest Open / Lowest Open Trade

I designed this excel for my Entry Point, Stop Loss, Take Profit, BE+1 and BE+5 and BE-1and BE-5. When I input Entry price and Stop Loss price then Take Profit, BE+1 and BE+5 and BE-1and BE-5 appears automatically and I will copy and past it in my ...

Highest Open / Lowest Open Trade

As the price hit the BE+1, the price pullback and I place another buy position now it is at BE+1 When I trade USDJPY, I target only 40 Pips, I don't care how many pips the price moved after my Take profit is hit. But my Take Profit for EURUSD and ...

Highest Open / Lowest Open Trade

Vladleb, take a look at the chart below. I took USDJPY after the set and when price moved 5 pips in my favour, I placed stop loss at BE+1 and it hit my stop loss. I took the trade position the second time because the setup is still valid.

Highest Open / Lowest Open Trade

Thanks

Highest Open / Lowest Open Trade

Dear TooSlow, Please, I want you to help me out here because I am confused. From the rules, wait for the first current candle to open and close (at the period separator), wait for the Highest High or Lowest Low to form, that is the second candle, ...

Highest Open / Lowest Open Trade

Hello Mates, Please, if the candle that starts the current day appears to be the Highest high or the Lowest low, can it be treated as the Highest high or the Lowest low of the day?

Highest Open / Lowest Open Trade

BREAK-EVEN Applying the breakeven of BE+1 and BE-1 when price moves to 5 pips is a very good approach to trading. If you place the breakeven, it helps you to kill emotion. When price hit the breakeven, it helps you to have a second look at the trade ...

Highest Open / Lowest Open Trade

Please, show me example because I am still studying the indicator. Thanks

Highest Open / Lowest Open Trade

I am just seeing it that you have already posted it that the indicator is from #advancedalientrading #advancedalientrading, thank you so much.

Trading is as simple as 1-2-3