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Musashi replied Aug 11, 2010Just so you know, I'm looking to trade a reversal pattern on EJ around this Round Number. Price Action allowing.
Higher low, lower high system
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Musashi replied Aug 11, 2010You know I haven't even read the thread, the thread title explains enough, and the chart setup on the first post is exactly what i do in trading, so thought I could contribute to this thread with my similar methods. Well almost. So forgive me if my ...
Higher low, lower high system
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Musashi replied Aug 11, 2010I agree with you, I sent Vantage a PM with this exact same question, I don't want to hijack his thread.
Higher low, lower high system
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Musashi replied Aug 11, 2010Lower High evident. Back in again... this time of day is a very tricky time of day.
Higher low, lower high system
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Musashi replied Aug 11, 2010Closed it out. Don't like the possible reversal pattern that's in play right now.
Higher low, lower high system
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Musashi replied Aug 11, 2010Pound Short Trade. Reversal Bar at Key Level Could be a long reversal trade setting up on this pair so will not hesitate to close it out early if it doesn't work out.
Higher low, lower high system
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Musashi replied Aug 10, 2010Well what do you know... back to the lows again... Target would of been reached after all.

Higher low, lower high system
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Musashi replied Aug 10, 2010Near enough another 11 Pips, +2.6% to equity. +64 Pips Today +49% equity overall
Higher low, lower high system
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Musashi replied Aug 10, 2010Who says fibonacci ratios are useless eh. Easy short there.
Higher low, lower high system
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Musashi replied Aug 10, 2010What do you consider a good success rate using the inbuilt back tester with a R:R of 1:1 Obviously the higher the better, however considering the back tester is not perfect is there a cut of level you would consider to small? Or anything over 50.1% ...
Old Dog with New Tricks
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Musashi replied Aug 10, 2010So do these level move at all during the day or are they only determine via the current day H/L range. At which point do they reset to the initial 10 Pip range?
Old Dog with New Tricks
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Musashi replied Aug 10, 2010+54 Pips for a +15% increase in equity today Overall +45% increase in equity.
Higher low, lower high system
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Musashi replied Aug 10, 2010Looking good now, almost there. In fact just closed it out. Pure price action trading... can't beat it. +27 Pips from a risk of -20 Pips

Higher low, lower high system
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Musashi replied Aug 10, 2010I have a question, Does this Green and Red Dotted Line indicate the zone by which the breakout strategy trades once price goes past these levels. If so can you elaborate as to how these levels are determined, intraday or end of day? or both.
Old Dog with New Tricks
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Musashi replied Aug 10, 2010At the previous resistance level right here. Good spot to TP
Higher low, lower high system
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Musashi replied Aug 10, 2010Counter Trend Trade. Higher Low, good idea or not. Guess we'll soon find out.
Higher low, lower high system
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Musashi replied Aug 10, 2010Seems breakouts work well when a strong trend in place eh... 7 winners 1 loser I'm guessing once a range begins it will even up somewhat.
Old Dog with New Tricks
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Musashi replied Aug 10, 2010There you go, resistance evident at the previous support levels. Lower Highs, short. Next Round Number should be the target almost always.
Higher low, lower high system