Here is a list of possible formations that can follow a HH:(obviously a LH can’t follow a HH because a LH is formed when price is rising and if you’re already at an HH you can’t have a LH without some sort of low coming first).Here’s a chart showing what can follow what. A stop run often follows to re-test the penetration at point 3. yes, i saw the support of 1.8500 in pound but i didnt take it because of the bearish candle before. Higher or Lower helps you begin to understand the concept of probability and statistics. Quicker traders may get short at the X. Some people will tell you that trends “move in waves.” They will say, for example, that up trends are made of a series of higher highs and higher lows, like this:And a downtrend is just the opposite (a series of lower lows and lower highs).Now that’s cool and it makes sense, but there are two other things price can do: make double tops and double bottoms (when a high is the same as a previous high and when a low is the same as a previous low):As far as this kind of price action is concerned, those are all the possibilities you can have.Conventional thinking will tell us that higher lows, for instance, are bullish because they mean price was unable to break the previous low before going back up.Double tops are likely to be bearish because it means price was unable to break above the previous high (and you could also look at it as price bouncing off of previous resistance, which is bearish).Double bottoms are likely to be bullish because it means price was unable to go beneath the previous low (and you could also look at it as price bouncing off of previous support, which is bullish).Now, is this enough off of which to build a trading system?There are a few problems with this. One of those do you don't you this morning.vantage, it will be great if you could post more examples. Start with the vertical column and go across to see if a certain formation can follow it.This is a very active topic and I will likely revisit it in the future.I encourage your comments and discussion about how to use HH/HL/LL/LH/DB/DT in your trading.A Profitable Journal With Realtime Entries And Exits HUnter 123 forgot to mention the small losing trades that obviously do happen are heavily outweighed by the good entries that this system gives for the long runs that these currencies have most of the time. Hopefully this will help. The first post is looking to find the trend for the day. This is a very simple game which will get you addicted right away. basicly i should look for entries after 1h candles that form reversal patterns and not just LH/HL for better trades from what i understand. Let’s say you were going to trade an uptrend that was formed by HHs and HLs. I wonder why?Price can go wherever it wants, and unless you know ahead of time that it’s going to make a LH or whatever, there’s no way to know that a HL will follow a HH. Once price has moved around 100 pips eurusd and gbpusd can easily have good counter trend trade bounces off round numbers and pivots. A stop run often follows to re-test the penetration at point 3. take a look at the next set up plz. Using the price-to-earnings ratio is a great first step if you are considering a stock. Today we would like to share with you all The Higher Lower Game Answers. the trade i posted in eur/usd i didnt take because the 5min candle was not so bullish , it turned to be a doji like you saw in 1min chart, it "smelled" like a reversal so i avoided it. If you can figure out when to enter (because the HL can form at any point), you can make money as long as you get out before price goes against you. Sorry the hammer question. The idea behind Higher Lower is actually very simple, you are given 2 different keywords and you have to guess the search volume based on Google, is it higher or lower than the previous keyword. Final Thoughts About Low or High P/E Ratio. Higher Lower Game is a fun new guessing game in which you compare random Google search requests. The original idea behind this thread, a good trader said to me that it's a bit confusing now that you sometimes ignore the hourly candle. No need to guess the actual number, simply decide which one is higher or lower than the other. I'll trade HL's LH's up to 30 mins or so before most Euro, UK news events but will look to tighten stops or exit very quickly. They will say, for example, that up trends are made of a series of higher highs and higher lows, like this: And a downtrend is just the opposite (a series of lower lows and lower highs). You are given two simple search requests and have to guess which of the two gets googled more often than the other. I do tend to stay away much earlier from their interest rate statements or when their central bankers are giving press statements.Below is the 123 reversal when the price fails to make a lower low or higher high 2. lower high in an uptrend, or a higher low in a downtrend.3. If you’re playing a game on a low-resolution 1366×768 laptop screen, you don’t necessarily need that high DPI. Return on equity reveals how much after-tax income a company earned in comparison to the total amount of shareholder equity found on the balance sheet.
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