Higher low, lower high system -
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thread: Higher low, lower high system

  1. #21
    Senior Member vctrgrr's Avatar
    174
    Thursday 11 chart time LH. 12.45 and 13.20 HL's.

    GU/GJ agree, HL/LH, 1st trade cross of LWMA, 3 pub reversals, candles with little/no wick in management of trade.


  2. #22
    Senior Member vctrgrr's Avatar
    174
    Wednesday. Could have been a day. GU ran much better down to the LH after Frankies open, then 11.30 chart time nice HL on GJ however GU under ma nevertheless so not very agreeing.

    GU/GJ agree, HL/LH, 1st commerce cross of LWMA, 3 bar reversals, candles with little/no wick in management of commerce.


  3. #23
    Senior Member vctrgrr's Avatar
    174
    Tuesday after Frankies open HL's, after LO its LH's all the way. US open its HL's.

    GU/GJ agree, HL/LH, 1st commerce cross of LWMA, 3 pub reversals, candles with little/no wick in management of commerce.



  4. #24
    Senior Member vctrgrr's Avatar
    174
    Monday. 10.40 chart time and just after US open.

    GU/GJ agree, HL/LH, 1st trade cross of LWMA, 3 bar reversals, candles with little/no wick in direction of trade.


  5. #25
    Senior Member vctrgrr's Avatar
    174
    How many times does this installment happen in a 10 year period? I guess not many. At least it conserves capital because you'll be making quite few transactions each year.
    The items from my point b above post are merely to examine the SR areas. The transaction rules are GU/GJ concur, HL/LH, 1st commerce cross of LWMA, 3 pub reversals, candles with little/no wick in management of commerce.

    Even just considering GU/GJ its pretty much daily.

  6. #26
    Member Rocky's Avatar
    83
    Exactly how many times does this setup happen in a 10 year period? I guess not many. It conserves capital because you'll be making quite few trades each year.

  7. #27
    Senior Member vctrgrr's Avatar
    174
    I had been asked if I could (a) post a bit more frequently and (b) provide an idea about what my daily routine would be.

    (a) OK is going to try.
    (b) routine is checkcliqforexfor top news events. Have a look at D chart for SR levels for turns or to try to assess a direction for the afternoon (HL/LH's, candle breaking range for example). Have a look in 1hr for shorter duration SR places. Today on D GU I've a potential SR general area 1.3350 from the entire body highs from July 16, high from Aug 16. The 1hr reveals a potential S area at todays D pivot/low from the 26th, S1/W M1/low from 27th and of course Y's reduced. Because this is done every day its not a major thing nowadays its literally a minute or two.

    Please note it doesn't mean I won't sell into a SR degree but I do want my entrance principles to be there and I would prefer just a tiny gap e.g. 10 pips or so that I can hopefully get to BE. I'll also examine the Asian range for evaluation of range/break and evaluation of range entries.

    Then its waiting for trade principles to line up from 5 minute charts GU/GJ concur, HL/LH, 1st trade cross of LWMA, 3 bar reversals, candles with little/no wick in direction of trade.


  8. #28
    So much for that...

  9. #29
    Senior Member vctrgrr's Avatar
    174
    quote Mmmh bounce not happening and vol not spiking because you'd like to see below 11950. Still waiting....
    And now we know why this was happening. Danc your buy was somewhat early and suspect the bounce will come from 11900.

  10. #30
    Senior Member vctrgrr's Avatar
    174
    quote A glance at D chart demones why this is a difficult area to break. I've 9535 as a D so bounce could be anywhere around here. For now I will just watch what happens but should that low breaks (along with your stop area) may see some big stops triggered.
    I did not have the courage to sell again but clearly the stops got removed.

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