thread: Higher low, lower high system

Nice commerce! I missed it but obtained G/J (half, next half awaiting round number. .) :

May have gotten earlier but waited for Y low to apparent. Fell strongly couldn't move my TP fast enough but obviously happy with 62.

E/U updated:

G/J: image

Really nice.

Its financial year end here so trading carries a back seat for a week or two. Two down three companies to proceed.

1 Attachment(S)) G/J:

I have not mentioned news events as yet. I'll exchange the LH of HL's so before or up to 30 mins most Euro, UK news events but will seem to tighten stops or exit . I really do tend to stay away out of their interest rate statements or when their central bankers are giving media statements.

I remain clear of most US news events from much earlier on and only seem to exchange this system on days when there's not any US red news scheduled. Red US news events tend to be choppy for me personally.

I really do commerce Euro, UK news events (apart from interest rates) on another method.

yes, I saw that the support of 1.8500 in pound but I didnt take it due to the bearish candle earlier. It is a little confusing now the candle that is hourly is sometimes ignored by you. The trade I introduced in eur/usd I didnt take because the candle was not so bullish , it was a doji like you found in chart, it smelled like a reversal, and so I avoided it.

Yes it could be a little confusing there is the conventional trade that follows the hourly candle as well as the 2nd alternative which looks to exchange bounces off and round/half numbers.

If that is in any way unsure pick the one you like the most and run with this for a short time. Of course its paper/demo this for a short time and probably best to do your transactions that are typical.

Yes, I saw the support of 1.8500 in pound but I didnt take it because of the bearish candle before. It's a little confusing you occasionally ignore the candle. The commerce I introduced in didnt take as the candle was not so bullish , it turned to be a doji like you saw in chart, it illuminates like a reversal so I avoided it.

HUnter 123 forgot to mention the little trades that do happen are heavily outweighed by the excellent entries this system gives for the long runs those currencies have the majority of the moment.

Cheers.

vantage, it will be good if you could post more illuions.
Take a look at this transaction. Bullish HL and hourly crossing the 5ema on 5min.
Something wrong with his trade or a valid sign that got stopped?

Hello HUnter 123
First there was an opportunity earlier on eurusd, again this was just a little too early for me (its a public holiday and I had been a little lazy this am).

The double bottom at 6.05 am, yes the prior hourly candle was negative but the pound and euro love to turn around in these times. A double floor having a rejection in the pivot and half an number with a nice higher low on the 1 minute at 6.14. The pound also had a virtually identical rejection of pivot and number above.

As to the commerce you said, yes it was a valid higher low. My wife and I were discussing difficult and long that we didn't like the 1 mins 2 lows just. Despite the fact that we didn't like the 1 minute chart we did really accept this buy but got out in -10 instead of -15 stop.

One of these things a fantastic EJ trade and a little dropping trade. Additionally occurs the losing EU trade of the LH that followed. Yes just like you mentioned in an earlier article we do look to take HL and LH trades despite the 1 hr candle.