Hi-Low Strategy
hi
thanks for share ..that's follow the trend trading and it's profitable 
if you're doing in the right way
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thanks for share ..that's follow the trend trading and it's profitable
if you're doing in the right wayPlacing buy-stop/sell-stop orders simultaneously would be
considered hedging, right? I don't think IBFX will allow me to do this, but I might just experiment and see what happens.
Rob
illustrate with a dig pls
Take profit the next day(with out TP),Or 30-50 pips.
and stop buy sell at 10 pip , it does not make sense -- contradict each other
and pls use day -1 (yesterday ) and day 0 (Today) and day +1 (tomorrow) to explain the whole set up again pls
Hi-Low
Hello everybody,
Yes, this strategy begins at the end of the day, I leave with you a screenshot, if not understood.
you may draw on this
first, I presume the start of the day is GMT 00:00
you may use
WORD -- superimpose on dig to draw (need one thing, after insert PIC from file )
Screenhunter free edition to screen capture
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buy stop and sell stop -- means ENTRY level (is yesterday highest and lowest , right) --- how about -- JIC -- if it END at yesterday's HIGHEST or Lowest ??
it probably not work on...
gbp/ chf --- you could see -- lots of exact range movement -- one up and one down (i.e 2 consecutive days cancel each other)
any good suggestion on that pair ?
Hello everybody, I found this out there:
- Draw a horizontal line from the first tick of the day,
- BUY Stop 10 pips above the line.
- SELL stop 10 pips below the line for the same pair.
- Stop Loss 25 pips
- Take profit the next day(with out TP),Or 30-50 pips.
- Trade as many pairs as I could ( I traded 10 pairs )
- Every day I made more than 200 pips from all trading, but the biggest one I got
from Gbp/Jpn.
But I don't want you to do that ! That's only my "bad" experience last time. What I sometimes still do until today is:
- To draw a line on yesterday highest
- To draw a second line on yesterday lowest.
- Easier to use daily chart.
- Buy Stop at yesterday highest
- Sell Stop at yesterday lowest
- Stop Loss 50 pips.
- That's all.
I traded just to refresh my mind and to prove that everybody can make pips with a very simple tricks, including you. He...he...he...
You wanna do that ? Look at your chart and draw a line on the previous day high and low, you will get the answer.
Happy tradingwith rare exceptions - all trades are loosing trades (pict: SL50 -constant hit; TP-nextday(not shown))
You have either not explained this very well, or you have set forth two very clearly losing systems.
Hello everybody, I found this out there:
- Draw a horizontal line from the first tick of the day,
- BUY Stop 10 pips above the line.
- SELL stop 10 pips below the line for the same pair.
- Stop Loss 25 pips
- Take profit the next day(with out TP),Or 30-50 pips.
- Trade as many pairs as I could ( I traded 10 pairs )
- Every day I made more than 200 pips from all trading, but the biggest one I got
from Gbp/Jpn.
But I don't want you to do that ! That's only my "bad" experience last time. What I sometimes still do until today is:
- To draw a line on yesterday highest
- To draw a second line on yesterday lowest.
- Easier to use daily chart.
- Buy Stop at yesterday highest
- Sell Stop at yesterday lowest
- Stop Loss 50 pips.
- That's all.
I traded just to refresh my mind and to prove that everybody can make pips with a very simple tricks, including you. He...he...he...
You wanna do that ? Look at your chart and draw a line on the previous day high and low, you will get the answer.
Happy trading
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Hello everybody, I found this out there:
- Draw a horizontal line from the first tick of the day,
- BUY Stop 10 pips above the line.
- SELL stop 10 pips below the line for the same pair.
- Stop Loss 25 pips
- Take profit the next day(with out TP),Or 30-50 pips.
- Trade as many pairs as I could ( I traded 10 pairs )
- Every day I made more than 200 pips from all trading, but the biggest one I got
from Gbp/Jpn.
But I don't want you to do that ! That's only my "bad" experience last time. What I sometimes still do until today is:
- To draw a line on yesterday highest
- To draw a second line on yesterday lowest.
- Easier to use daily chart.
- Buy Stop at yesterday highest
- Sell Stop at yesterday lowest
- Stop Loss 50 pips.
- That's all.
I traded just to refresh my mind and to prove that everybody can make pips with a very simple tricks, including you. He...he...he...
You wanna do that ? Look at your chart and draw a line on the previous day high and low, you will get the answer.
Happy trading