Highest Open / Lowest Open Trade

hi tooslow, i started the 10 trading challenge last week, today the second trading +1 pips, thank you，Now continue to wait.

10/3 -7.6pips
Now continue to wait.

I'd say you were due a short, yep.

hi lem
Yes i due a short（I think Is in line with the rules） ，am i doing wrong? Please give more advice.
（Sorry for my English translation from Google）

No, no. You have it correct. What I meant was that I agreed that it looked like a short was going to come.

No need to apologise for the translation I hope I didn't cause any confusion.

What I'm looking at on that UJ...

It may still come due to that Supply Zone above but you are also seeing strong higher lows now, so caution advised. Perhaps its time has passed...

it's ok

yes，I am also waiting, because the stop is too small for me

Last time yesterday (my time period)
10/1 +15
10/2 +1
10/3 -7.6
10/4 -14


Any suggestions are welcome

Here's the summary result of my 10 trade HOLO SETUP challenge:-

Trade 1 : 6 pips (not HOLO Setup, made a "newbie" mistake here)
Trade 2 : BE + 1 pip (1 position)
Trade 3 : BE + 1 pip (1 position)
Trade 4 : 6 pips + 15 pips (2 positions)
Trade 5 : 5 pips + BE + 1 pip (2 positions)
Trade 6 : -20 pips (2 positions)
Trade 7 : 5 pips + BE + 1 pip (2 positions)
Trade 8 : 5 pips + 10 pips (2 positions)
Trade 9 : 5 pips + 25 pips (2 positions)
Trade 10 : -18 pips (2 positions)

Total : 1 + 1 + 6 + 15 + 5 + 1 - 20 + 5 + 1 + 5 + 10 + 5 + 25 - 18 = 42 pips

Conclusion :
HOLO SETUPS works. They are tradeable. They are easy to spot. If they fulfil the requirements needed to trade, then wait for the proper setup. If not, come back on the next hour. The key here is patience and Trade Management. My first 3 trades were all single entry. Then I learned to enter two positions. From my fourth trade onwards, I enter 2 positions. Note that Trade 6 and Trade 10 both ended with losses, those are solely because I wasn't using ECN acc, so the spread was 1.7 pips. I believe if I use ECN acc, with an almost zero spread, both trades would have turned out to be winning trades. Now that I have completed the trade challenge, I intend to start trading live using my ECN acc. A word of caution though, especially to the newbies:- Don't let the winnings get to your head. Trade cautiously. Always. Don't start double or triple your lot sizes. If you lose your head, or your cool, or your mind, then you lose your money.

A big special thanks to TooSlow and MichaelG for the awesome HOLO SETUP. Thanks for all of your sharing and teachings. I have finally found a trading method with specific rules that I can trade comfortably. I love the Trade Management as well.

Thanks to Lem for the guidance along the way. Lawnman and Birdland too. Thank you all.

I love HOLO Setup. I am here to stay. I'm gonna grow roots here lol..

Happy pipping everybody!

And have a nice day!

Warmest Regards,
Val

Possible long HOLO Setup in UJ??

Hmmm...

well done！valerie2

GU looks like a good option for us today - at least until the H1 contraction releases...

Took a quick m1 entry to get things started...

10/1 +15
10/2 +1
10/3 -7.6
10/4 -14
10/5 -5.3



Any suggestions are welcome

Rule #1

hi lem！When I entered, the price has not yet breakthrough, see 5m chart to know.thank you for your reply!

Potential...

Ditto.

Though for me, not as attractive.