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Highest Open / Lowest Open Trade

  • #11,601
  • Aug 3, 2017 9:10am Aug 3, 2017 9:10am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,602
  • Aug 3, 2017 4:08pm Aug 3, 2017 4:08pm
this is real price action at its finest (candle by candle, price inbalance) NOT formations/trend lines or any of that

I trade something VERY similar to this, i highly recomend everyone to follow this thread
  • #11,603
  • Aug 3, 2017 4:39pm Aug 3, 2017 4:39pm
Quoting havo
this is real price action at its finest (candle by candle, price inbalance) NOT formations/trend lines or any of that I trade something VERY similar to this, i highly recomend everyone to follow this thread
Agreed, havo. One of the main reasons I first added HOLO to my stable is because I had traded something very similar on high time-frames.
  • #11,604
  • Aug 7, 2017 10:25am Aug 7, 2017 10:25am
HOLO
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,605
  • Aug 7, 2017 11:19am Aug 7, 2017 11:19am
Who is taking the 10 trade challenge the week of AUGUST 6, 2017?

During the challenge you are only to trade the same pair.
Beginners do not get to trade multiple pairs until they have mastered trading one single pair.
GREEN PIPS TO ALL.
Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,606
  • Aug 8, 2017 9:52am Aug 8, 2017 9:52am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,607
  • Aug 8, 2017 8:36pm Aug 8, 2017 8:36pm
Quoting TooSlow
{image}
i can see twice the pattern/conditions i look for normaly; nice trades man

you know what? im in with the challenge; starting monday, im gona check if i can understand the rules entirely and then try it and post the results
  • #11,608
  • Aug 9, 2017 12:21am Aug 9, 2017 12:21am
Quoting TooSlow
{image}
Don't quite understand your rules as no vivid example as explaination. Mind to define clearly on each rule with example?
  • #11,609
  • Aug 9, 2017 3:07am Aug 9, 2017 3:07am
Quoting goldgirl
{quote} Don't quite understand your rules as no vivid example as explaination. Mind to define clearly on each rule with example?
Hi goldgirl. If you head into the paperclip zone, you'll find a very comprehensive pdf put together by MichaelG that will give you every answer and example you'll need.
  • #11,610
  • Aug 9, 2017 5:10am Aug 9, 2017 5:10am
Quoting lemercenaire
{quote} Hi goldgirl. If you head into the paperclip zone, you'll find a very comprehensive pdf put together by MichaelG that will give you every answer and example you'll need.
Great!! Thank you very much.
  • #11,611
  • Edited 6:46am Aug 9, 2017 5:47am | Edited 6:46am
Hello Fellows,

I am asking if this strategy suits for European traders. As the market close at 00:00 in Eastern Europe, traders do normally sleep..

Besides, I am wondering about the criteria to define which will be the Today's highest H1 Open !?
You can spend hours in front of the PC to wait for it, and when it comes you do miss it because of your projections of the price action or just because you're tired.

On this picture taken from the HoloRules shared by MichaelG, on had to wait till midday.

Besides, I am asking if the 2 orders mentionned on the USDJPY H1 Chart are good ?

The BUY STOP would occur on the Ask of the Bullish Candle just after having touched the Lower Open (blue line) ?


Thanks for your precisions,

LS

PS: I observed that the first letter of the text label appears over the last price number framed. I have a 4K resolution, and this is could be improved ?
Attached Image(s) (click to enlarge)
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  • #11,612
  • Aug 9, 2017 7:30am Aug 9, 2017 7:30am
Quoting lifespirit
Hello Fellows, I am asking if this strategy suits for European traders. As the market close at 00:00 in Eastern Europe, traders do normally sleep.. Besides, I am wondering about the criteria to define which will be the Today's highest H1 Open !? You can spend hours in front of the PC to wait for it, and when it comes you do miss it because of your projections of the price action or just because you're tired. On this picture taken from the HoloRules shared by MichaelG, on had to wait till midday. Besides, I am asking if the 2 orders mentionned on...
Hi lifespirit. Welcome to the thread.

There is no reason that HOLO would not suit Eastern European-based traders. You will find yourself able to trade the main market hours just as well as any in Western Europe, better than those in the USA and certainly than those in the Far East / Australasia.

Your day's open is your broker's open. There will be slight variations but nothing worth bothering about. If it really bothers you, open a UK-based broker's demo account and run your charts / indicators off that, placing your live trades on whatever broker you wish to use. That way you'll tie in to UK-time.

The text label issue can be fixed by editing your indicator's settings.
  • #11,613
  • Aug 9, 2017 9:19am Aug 9, 2017 9:19am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,614
  • Aug 9, 2017 9:32am Aug 9, 2017 9:32am
Did I Win?

How to Sink a $1m Putt and Do Other Great Things

Gold-medal-winning mental toughness coach and author Lanny Bassham is all about focusing on the PROCESS of goal achievement. He tells a great story about one of his clients—a pro golfer.

Now, this professional golfer was struggling a bit. He was setting his goals for the year and Lanny told him not to think about winning tournaments but to put all of his attention on mastering the process of playing well—identifying the key components of a successful shot and then taking it, literally, one shot at a time.

So, this golfer embraces the wisdom. Early in the season, he's out on the 18th green in the final round of a big tournament. He's lining up his putt, following the process he and Lanny established. He makes the putt.

His playing partner shakes his hand and congratulates him.

Then he realizes something must be up when his wife runs on to the green cheering.

"Did I win?" he asks.

Yah. You just won the tournament and 1 million dollars.

Imagine that. Imagine being so focused on executing the next baby in your process that you don't even know you're sinking a million dollar putt.

And guess what?

You are (of course) much more likely to sink the putt when every ounce of your creative energy is focused on doing your best and not leaking out in concerns about doing well enough.

Process vs. Outcome.

Where’s your focus?

- Brian Johnson
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,615
  • Aug 10, 2017 10:48am Aug 10, 2017 10:48am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,616
  • Aug 11, 2017 12:47am Aug 11, 2017 12:47am
Uj M5 HL HH, may have 50%-60% retracement.
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  • #11,617
  • Aug 11, 2017 3:02pm Aug 11, 2017 3:02pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,618
  • Aug 11, 2017 3:03pm Aug 11, 2017 3:03pm
Quoting goldgirl
Uj M5 HL HH, may have 50%-60% retracement. {image}
I see wiggly lines.
Perhaps you might want to use the indicators and template I posted for this thread.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,619
  • Aug 12, 2017 4:30am Aug 12, 2017 4:30am
Quoting TooSlow
{quote} I see wiggly lines. Perhaps you might want to use the indicators and template I posted for this thread.
The image was derived from my mobile phone apps. I will do that from my laptop.
  • #11,620
  • Aug 13, 2017 6:42pm Aug 13, 2017 6:42pm
Who is taking the 10 trade challenge the week of AUGUST 13, 2017?

During the challenge you are only to trade the same pair.
Beginners do not get to trade multiple pairs until they have mastered trading one single pair.
GREEN PIPS TO ALL.
Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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