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lemercenaire replied Aug 22, 2016EURUSD Space for potential today, I think. image
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 22, 2016GBPUSD An early bite of the cherry - but possibly more chances to come from Cable during the day. image
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 21, 2016I'm too busy wresling gators... safer

Highest Open / Lowest Open Trade
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lemercenaire replied Aug 21, 2016Brokers will re-open for the coming week at different times as Sunday comes to an end. The retail FX market is pretty much closed for the weekend basically because no one wants to trade retail at that time - supply and demand. The interbank banks ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 21, 2016I use my broker start day time and never trade Sundays.
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 21, 2016I readily admit to preferring to run 1-2-3 on the naked H1. This was only a thought that perhaps there was an indicator which would lend weight to my mullings on the relative strength of entry points.
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 21, 2016The first one, I don't see it doing the job - at least in the same way I was looking at - however the second version has potential. I was thinking that this would give you an area (the congested area of 'opens') that you would look for the next ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 21, 2016OK - I will try again...We look for a M5 / M15 open between Highest High and HO on H1 and Lowest Low and LO on H1. This is all you need. All the rest is distraction. So, focus on the only part you need. Forget the rest. Stop over-thinking.
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 21, 2016To add to Pippy's answer. Ask yourself these questions: Would I trade Cable during the UK/US session, or should I wait till the middle of the night when those markets are closed. Do I prefer a 1pip spread or a 7pip spread? Apply the same thought ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 21, 2016Before everyone begins to move in ever decreasing circles on this. Remember, this is not one of the rules. It is merely a shade which adds texture to the overall picture.
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 21, 2016Hi. In the spirit of full disclosure, I must admit that this is one I pretty much ignore. The only influence it may have on me is that any trade against the higher tf will possibly give a smaller move, so be ready to move that sl to BE+1 super ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 20, 2016Lol put me off cappuccino for years!
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 20, 2016It Ain't Half Hot Mum! Love it! One of the most un-pc progs ever made - can you imagine them trying to do it now?!
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 20, 2016Lol. I'm on my phone and can't see squat! I'll check it out when on a screen bigger than my hand!
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 20, 2016Wasn't going to check in today but so glad I did - this reply made my day. Thank you!
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 20, 2016The more I thought about it - well actually I'd pretty much made up my mind by the time I'd posted. I'm going to give it a miss. Happy with the rules as they are. I can see no real long term advantage to re-entry in this way. Mulling is over.
Highest Open / Lowest Open Trade