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  • #5,961
  • Mar 7, 2018 3:20am Mar 7, 2018 3:20am
Quoting hal7
{image} Long GU +5 locked
Morning hal7, thanks for the chart and well done with the pips. Did the lower low not disqualify the trade applying the rules strictly? I was looking at EUR/USD but missed the trade due to other interruptions...

I have studied many of your posts, are you always aiming for 5 pips and then close the total position?
  • #5,962
  • Mar 7, 2018 3:31am Mar 7, 2018 3:31am
Quoting pasopvirpot
{quote} Morning hal7, thanks for the chart and well done with the pips. Did the lower low not disqualify the trade applying the rules strictly? I was looking at EUR/USD but missed the trade due to other interruptions... I have studied many of your posts, are you always aiming for 5 pips and then close the total position?
Always bear in mind when looking at posted charts that price could move to make a new extreme after the entry was already made.

Not to speak for Hal but the trade-management issue has been dealt with many, many, times here in the past.
  • #5,963
  • Mar 7, 2018 4:19am Mar 7, 2018 4:19am
Attached Image (click to enlarge)
Click to Enlarge Name: 3718gu2.png Size: 18 KB

Long again on GU +5 locked. My first attempt red arrow got the 5 and quickly went south. I was happy I had my stop move to BE. Often when I do that it takes it out then zooms up 50 pips, which is what makes trading so exciting. In this case I saved a 10 pip loss and got another shot at it for another 5 and once again stop moved to BE anticipating that +50 run up, or at least close....
  • #5,964
  • Edited 8:46am Mar 7, 2018 4:22am | Edited 8:46am
Attached Image (click to enlarge)
Click to Enlarge Name: 3718gj.png Size: 18 KB

Also climbed aboard the GJ wagon, profit. You can see what it did yesterday off that arrow. Wouldn't mind a repeat
Now +23.........Now +73
  • #5,965
  • Mar 7, 2018 4:30am Mar 7, 2018 4:30am
Quoting lemercenaire
{quote} Always bear in mind when looking at posted charts that price could move to make a new extreme after the entry was already made. Not to speak for Hal but the trade-management issue has been dealt with many, many, times here in the past.
Lem, that's OK you can speak for me... you probably understand it better than I do

To address the question, correct, making a new low technically under the rules does disqualify until the next hour. I have been known to bend but not break the rules (entirely at least). Often, or sometimes, but not always I will take the trade on what I call the same bar. The price will make the new low or high and shoot back through the open and I enter. A lot of times it gets my 5, sometimes not. It is not a 1-2-3 set up more along the lines of HOLO probably, but that's on the other board.
  • #5,966
  • Mar 7, 2018 4:53am Mar 7, 2018 4:53am
Also to clarify a bit on how I place the red arrows on the chart. On that GJ the red arrow indicates that is the bar I am keying off of (did the previous hour make a new low, yes, the red arrow) My actual trade is entered on this hour which is the correct entry for the method. Looking at yesterday that red arrow, I believe I entered the trade and set my stop to BE after taking some profit at +5. Then it shot to the moon later but I was not on it. As I have said before sometimes I don't move my stop to BE and take the loss, but at other times I am on board for the moon launch. What makes me move or not move the stop to BE, nothing in particular just like to be flexible at times. I have saved pips moving it and lost out on big moves also. I am always in favor of saving pips because lost pips are harder to recover. And I do catch the big moves from time to time.
  • #5,967
  • Edited 6:11am Mar 7, 2018 5:21am | Edited 6:11am
Attached Image (click to enlarge)
Click to Enlarge Name: 3718eu.png Size: 16 KB

Short EU +5 locked EU cookin' now +24
  • #5,968
  • Mar 7, 2018 6:24am Mar 7, 2018 6:24am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB


Long GA +5 locked, plus another +5 and abit. I am trading with 2 trades. One on 5TP and the other on 10TP, both with 10SL.
  • #5,969
  • Mar 7, 2018 8:24am Mar 7, 2018 8:24am
Thanks for reply Hal! Good trades guys, well done!
  • #5,970
  • Mar 7, 2018 8:52am Mar 7, 2018 8:52am
Attached Image (click to enlarge)
Click to Enlarge Name: 3718gj2.png Size: 18 KB

Today was able to hang on for the ride up on this GJ got to +73 and now have a 20 trailer on
  • #5,971
  • Mar 7, 2018 9:16am Mar 7, 2018 9:16am
Quoting hal7
{image} Today was able to hang on for the ride up on this GJ got to +73 and now have a 20 trailer on
well done !!!
  • #5,972
  • Mar 7, 2018 9:54am Mar 7, 2018 9:54am
Attached Image (click to enlarge)
Click to Enlarge Name: 3718au.png Size: 17 KB

Perfect set up on the AU short +10
  • #5,973
  • Mar 8, 2018 2:50am Mar 8, 2018 2:50am
Attached Image (click to enlarge)
Click to Enlarge Name: 3818jy.png Size: 18 KB

Long JY +5 locked +13, 10 trailer on
  • #5,974
  • Mar 8, 2018 3:43am Mar 8, 2018 3:43am
Attached Image (click to enlarge)
Click to Enlarge Name: 3818eg.png Size: 19 KB

Short EG from last hour, had my stop at 8935 so missed getting stopped +5 locked
  • #5,975
  • Mar 8, 2018 4:11am Mar 8, 2018 4:11am
Attached Image (click to enlarge)
Click to Enlarge Name: 3818gu.png Size: 19 KB

Second shot at the GU long, same bar, +5 locked
  • #5,976
  • Mar 8, 2018 6:08am Mar 8, 2018 6:08am
Hal7 , its good to see you milking, can you please share your template here, have these indis but want to see screen like yours, thanks.
  • #5,977
  • Mar 8, 2018 9:36am Mar 8, 2018 9:36am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 54 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,978
  • Mar 8, 2018 10:31am Mar 8, 2018 10:31am
Quoting TooSlow
{image}
can you provide the indicator?
i tried alot in this thread but not the one you using in ur charts!!
Investing is SIMPLE but NOT EASY
  • #5,979
  • Mar 8, 2018 11:03am Mar 8, 2018 11:03am
Quoting Moly_Cam5
{quote} can you provide the indicator? i tried alot in this thread but not the one you using in ur charts!!
The base indicator comes from The HOLO thread. Edit it to suit. All of the main players here have our own variant of that.

There are other bits-and-pieces on the charts around here that are not allowed to be shared and are not truly necessary to run the method (all you need are two lines).
  • #5,980
  • Mar 8, 2018 11:04am Mar 8, 2018 11:04am
Quoting Raining
Hal7 , its good to see you milking, can you please share your template here, have these indis but want to see screen like yours, thanks.
See answer above.
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