image Trade scratched at breakeven.

Trading is as simple as 1-2-3

image Not much of a test but triggered entry is now +5

Trading is as simple as 1-2-3

image Daily high has not been tested this bar.

Trading is as simple as 1-2-3

image Higher highs and higher lows last few bars. Time to practice patience.

Trading is as simple as 1-2-3

1) OH - distance between open and high of the bar 2) OL - distance between open and low of the bar 3) The open discussed is usually the open price of the current bar. On occasion, it could be the highest open or lowest open of a group of bars. 4) ...

Trading is as simple as 1-2-3

Hello tfflyer, The entry is the open price of the current candle. You enter at the open after the daily high or daily low was tested.

Trading is as simple as 1-2-3

image Hello everyone. Hopefully, your time away from trading was pleasant. A new daily high was established this hour.

Trading is as simple as 1-2-3

Start reading from here: url If it is not obvious, please feel free to ask questions. "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins Socratic method is named after the classical Greek philosopher ...

Higher Edge within a Single Candlestick

nealpek, you misquoted. Post 1 quote: ""95% of the time price will close above or below the open." Amateurs will never see the edge in this quote, unless a professional point it out where the edge lies within this quote." "a candle opens and either ...

Higher Edge within a Single Candlestick

image A new high of the day last bar. Time to exit and look for a reverse entry or wait to see if another new high of the day is established? "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins ...

Trading is as simple as 1-2-3

image Are you still in the trade? Move stop up? Take profit now? Apply trailing stop? Getting stopped out for a loss is decided by the market. When to exit with profit is decided by the trader. How do you decide? It is always the same? "Successful ...

Trading is as simple as 1-2-3

Good explanation. Understood. Thank you.

Trading is as simple as 1-2-3

Would you mine telling us more about "higher close". Thanks.

Trading is as simple as 1-2-3

image Are you still in the trade? Move stop up? Take profit now? Apply trailing stop? "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins Socratic method is named after the classical Greek philosopher ...

Trading is as simple as 1-2-3

1. No waiting to for higher closes, dagoods. 2. Brown line marks the open. Forget the line, focus on the price of the line. 3. Waiting may work sometimes. Other times waiting means the ship sails without you 4. Lower timeframes ...

Trading is as simple as 1-2-3

Your chart was spot on, MikeCo. New low or new high of the day is the action area. This may call for some more elaboration. Once a new daily high or daily low has been established, there is a reversal potential when price retests that level. The ...

Trading is as simple as 1-2-3

Yes, I corrected that post. Thank you, MikeCo.

Trading is as simple as 1-2-3

image Trading dilemma. Did you exit with profit? Did you move your stop up and get stopped out? Are you sweating the trade? The real dilemma is are you satisfied with your decisions based on how you executed your plan or based on the results ( ...

Trading is as simple as 1-2-3

image DDSQ - Different Day, Same Questions. Exit with profit? Move Stop? "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins Socratic method is named after the classical Greek philosopher Socrates. It ...

Trading is as simple as 1-2-3

Hi Thass: Welcome. And thank you.

Trading is as simple as 1-2-3