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    • TooSlow replied Sep 25, 2015

      image Testing the high. 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 bar. ...

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

      image What happened here is the main reason for protective stops. One must protect their account and their profits. Without stops, instead of making a profit, there would have been a loss. Waiting for next hour... EDIT What were the ...

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

      image 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 bar. A bar makes a NEW ...

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

      image Price dropped to within 8 pips of the new daily low before reversing. That can be considered a test. Waiting for entry. A bar makes a NEW DAILY low and closes. Next bar fails to make a lower low and reverses. Buy when price rises ...

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

      image Letting the price test the new daily low. The indicator added at the top shows how far price is from the new daily high (HiCl) and from the new daily low (ClLo). It also shows how far from the daily open (ClOp) as well as current price. The ...

      Trading is as simple as 1-2-3