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Highest Open / Lowest Open Trade

  • #11,541
  • Jul 19, 2017 4:01am Jul 19, 2017 4:01am
good day to all,

i am following this system from about one months now.

today is my first trade:

USDJPY sell trade with TRAILING 5pips and breakeven 1pips (FOLLOW THE RULES is IMPERATIVE)

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  • #11,542
  • Jul 19, 2017 7:28am Jul 19, 2017 7:28am
Hi all. Writing for the third time, the moderator does not transmit pictures. What am I doing wrong? Yesterday 4 of transaction 2 +10, 2 breakeven. Today one transaction while +10
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  • #11,543
  • Jul 19, 2017 7:47am Jul 19, 2017 7:47am
second trade of the day, again USDJPY.
followed the rules, but STOPLOSS hit...

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  • #11,544
  • Jul 19, 2017 7:53am Jul 19, 2017 7:53am
Quoting mighty-thor
second trade of the day, again USDJPY. followed the rules, but STOPLOSS hit... {image}
Red news on the Dollar.
  • #11,545
  • Jul 19, 2017 8:31am Jul 19, 2017 8:31am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,546
  • Jul 19, 2017 8:32am Jul 19, 2017 8:32am
Quoting theone964
How do I take the challenge?
Trade the system. Post your trades to show your results.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,547
  • Jul 19, 2017 8:33am Jul 19, 2017 8:33am
Quoting MikBel
Hi all. Writing for the third time, the moderator does not transmit pictures. What am I doing wrong? Yesterday 4 of transaction 2 +10, 2 breakeven. Today one transaction while +10 {image} {image}
Don't understand your comment.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,548
  • Edited 9:02am Jul 19, 2017 8:36am | Edited 9:02am
[Цитата=TooSlow;10100719]{Цитата} не понимаю Ваш комментарий.[/Цитата]
Didn't understand how to add screenshots, I'm new here, sorry for English
  • #11,549
  • Jul 19, 2017 9:22am Jul 19, 2017 9:22am
Quoting lemercenaire
{quote} Red news on the Dollar.
probably i MISS some rules... NO ENTRY when RED NEWS? on first page not see this particular...
  • #11,550
  • Jul 19, 2017 10:37am Jul 19, 2017 10:37am
Hi guys,
Results of the last two days.
July 18:
8 trades. 2 loss (AUDNZD, USDCAD), 6 wins (GBPJPY,EURUSD,USDJPY,EURUSD,USDJPY,NZDUSD). Total profit 21.3 pips

July 19
8 trades, 2 loss( AUDNZD, EURJPY), 6 wins 9AUDNZD,GBPUSD,AUDUSD,EURUSD,EURJPY,GBPUSD). Total profit 18.9 pips

Missed profitable trades in usdjpy and eurjpy, didn't pull the trigger. Working on that.
Coincidentally my losses have been during asian open hours.
I'll post some pics of future trades
Good luck to all
  • #11,551
  • Jul 19, 2017 10:37am Jul 19, 2017 10:37am
TooSlow. I have a question. Entrance correct? The first entry was 0,79348, then CloseHiH1 has changed, and HiH1 remains the same. The second time I properly went? [
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Two deals closed to stop
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  • #11,552
  • Jul 19, 2017 11:33am Jul 19, 2017 11:33am
Quoting mighty-thor
{quote} probably i MISS some rules... NO ENTRY when RED NEWS? on first page not see this particular...
Not a hard rule. Common sense.

One way to look at it is that do not look to have an open trade over a news announcement but there is nothing stopping you entering a new trade if it presents itself. However, be aware of potential widening spreads (likely) which will severely impact on your entries. Imagine you are normally running less than 1 pip spread on a pair and you're aiming to lock in +5. Much easier to do in ''normal'' conditions, than if you are running into a 5 pip (or more) spread during news. Same applies re any hard stop.

As I said, common sense.
  • #11,553
  • Jul 19, 2017 11:36am Jul 19, 2017 11:36am
Quoting Hansfatdwarf
Hi guys, Results of the last two days. July 18: 8 trades. 2 loss (AUDNZD, USDCAD), 6 wins (GBPJPY,EURUSD,USDJPY,EURUSD,USDJPY,NZDUSD). Total profit 21.3 pips July 19 8 trades, 2 loss( AUDNZD, EURJPY), 6 wins 9AUDNZD,GBPUSD,AUDUSD,EURUSD,EURJPY,GBPUSD). Total profit 18.9 pips Missed profitable trades in usdjpy and eurjpy, didn't pull the trigger. Working on that. Coincidentally my losses have been during asian open hours. I'll post some pics of future trades Good luck to all
Well done. What made you hesitate on those missed trades? Other new members may benefit from hearing your process. As for the Asian session. Is it coincidence, or is there something you are doing particularly in that session and not the others?

I should also point out that TS will look for new HOLO traders to trade only one pair to begin with. Just sayin', lol
  • #11,554
  • Jul 20, 2017 7:42am Jul 20, 2017 7:42am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,555
  • Jul 20, 2017 7:45am Jul 20, 2017 7:45am
Quoting MikBel
TooSlow. I have a question. Entrance correct? The first entry was 0,79348, then CloseHiH1 has changed, and HiH1 remains the same. The second time I properly went? [ {image} Two deals closed to stop {image}
Attached Image


Were you standing in front of a freight train?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,556
  • Jul 20, 2017 11:58am Jul 20, 2017 11:58am
LOSS partially recovered for today session:

EURNZD

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trailing stop 5pips, lost many pips... but who knows the price direction???
  • #11,557
  • Jul 21, 2017 8:35am Jul 21, 2017 8:35am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,558
  • Jul 22, 2017 11:55am Jul 22, 2017 11:55am
This is a different type of approach yet so simple.
Hopefully i won't have to read all those pages, before
understanding how good this system can be
Thank you for sharing, Too Slow
  • #11,559
  • Jul 24, 2017 2:34am Jul 24, 2017 2:34am
Quoting TooSlow
Place a line at the highest H1 open and lowest H1 open for the current day. Sell short at the highest H1 open after price goes up through it and comes back down. Buy at the lowest H1 open after price goes down through it and comes back up.

I HAVE READ POST #1 AND THE EXAMPLE LINKS BUT I STILL HAVE A QUESTION
Good morning, TooSlow, a simple question, please : why did you add lower timeframes to your original post #1 and thereafter (I have also checked out MichaelG's very well-presented charts) ? Your 3 sentence entry instruction defines an exact entry price and what needs to happen to validate the entry (assuming no previous day breakout) : surely this is entirely independent of timeframe ?

For example, for a short entry : line at highest H1 Open, price must move above that level regardless of timeframe, enter when Bid price falls back to highest H1 Open price & manage trade accordingly. In the HoLo pdf doc you have added the requirement for there to be an Open in the Area of Interest, optionally going all the way down to M1, but I don't see why... you could theoretically use the MT4 1 tick chart to almost guarantee an entry...

Dropping down to lower timeframes is usually to generate more trades, often with smaller targets and stops, so I am checking that this is not the case here.

Thanks for a thought-provoking thread.
  • #11,560
  • Jul 25, 2017 3:19am Jul 25, 2017 3:19am
yesterday -8 1 deal, 2 bargain +10, and two trades of +1, closed at the breakeven, it's a shame the price went down very well in the right direction
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