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Highest Open / Lowest Open Trade

  • #14,141
  • May 28, 2019 11:10am May 28, 2019 11:10am
Quoting lemercenaire
{quote} Ooo...that's a bad beat right enough to miss by 1 pip. Still you cleared green and didn't hold it "just in case", so no loss. It's all good. There's always another trade.
Indeed! It must have been close - I set the BE+1, set the TP and an alert not far away from the TP - then walked away. I heard the alert go off, and when I came back it had formed a new daily high - the injustice! Actually the EU produced a better HOLO at the same time, hindsight is wonderful
Everything should be made as simple as possible, but no simpler - Einstein
  • #14,142
  • May 28, 2019 11:15am May 28, 2019 11:15am
Quoting Davidh061
{quote} Indeed! It must have been close - I set the BE+1, set the TP and an alert not far away from the TP - then walked away. I heard the alert go off, and when I came back it had formed a new daily high - the injustice! Actually the EU produced a better HOLO at the same time, hindsight is wonderful
Always a 100% pain-in-the-a** is hindsight!
  • #14,143
  • May 28, 2019 8:40pm May 28, 2019 8:40pm
Hi TooSLow,


Thanks for sharing this method.
I am running HoLo EA on major currencies for 2 days.
Mostly it is negative pip day with some hope for GBPUSD.

I am guessing that I need to do some trade filtering (in terms of time or other conditions) to see better performance.

@ Too Slow
Do you trade/take all signals or do you trade it with discretion?
This might explain why EA is not performing well as it trades all signals.

What session are you trading this?
Asian Session? London Session? US Session?
God alone is more than enough.
  • #14,144
  • May 28, 2019 8:48pm May 28, 2019 8:48pm
Quoting lemercenaire
{quote} Welcome back, buddy. Hope all's been well.
Yah man, thank you. Regular levels of insanity
Wow! I've got some experience to gain.
  • #14,145
  • May 28, 2019 11:41pm May 28, 2019 11:41pm
Quoting smartreynor
Hi TooSLow, Thanks for sharing this method. I am running HoLo EA on major currencies for 2 days. Mostly it is negative pip day with some hope for GBPUSD. I am guessing that I need to do some trade filtering (in terms of time or other conditions) to see better performance. @ Too Slow Do you trade/take all signals or do you trade it with discretion? This might explain why EA is not performing well as it trades all signals. What session are you trading this? Asian Session? London Session? US Session?
Please read post #1 all the way to the end.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,146
  • May 30, 2019 12:01pm May 30, 2019 12:01pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,147
  • May 31, 2019 10:40am May 31, 2019 10:40am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,148
  • Jun 4, 2019 1:23pm Jun 4, 2019 1:23pm
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This thread over 3 years old. HOLO still works!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,149
  • Jun 7, 2019 8:03am Jun 7, 2019 8:03am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,150
  • Jun 7, 2019 8:41am Jun 7, 2019 8:41am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,151
  • Jun 7, 2019 9:17am Jun 7, 2019 9:17am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,152
  • Jun 7, 2019 9:20am Jun 7, 2019 9:20am
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What goes up must come down.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,153
  • Jun 7, 2019 9:21am Jun 7, 2019 9:21am
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Double dipping
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,154
  • Jun 10, 2019 9:38am Jun 10, 2019 9:38am
Who is taking the 10 trade challenge the week of JUNE 9, 2019?

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
  • #14,155
  • Jun 10, 2019 9:38am Jun 10, 2019 9:38am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,156
  • Jun 11, 2019 1:00am Jun 11, 2019 1:00am
Hi, I'm new to this thread. Can anyone help me with BID PRICE and ASK PRICE.

As you can see in my situation, price is in the INTEREST AREA, so right after ASK PRICE crosses through the H1 LOWER OPEN, I will enter the trade.
And then after that, I will wait till BID PRICE at LOWER OPEN 5 I will move my STOPLOSS to BE+1. Vice versa for SELL order.

Am I correct?

Should I trade when SPREAD >= 3 PIPS, what is the maximum spread can I trade?
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  • #14,157
  • Jun 11, 2019 10:15am Jun 11, 2019 10:15am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,158
  • Jun 11, 2019 10:17am Jun 11, 2019 10:17am
Quoting hoaei
Hi, I'm new to this thread. Can anyone help me with BID PRICE and ASK PRICE. As you can see in my situation, price is in the INTEREST AREA, so right after ASK PRICE crosses through the H1 LOWER OPEN, I will enter the trade. And then after that, I will wait till BID PRICE at LOWER OPEN 5 I will move my STOPLOSS to BE+1. Vice versa for SELL order. Am I correct? Should I trade when SPREAD >= 3 PIPS, what is the maximum spread can I trade? {image}
Find a broker with tighter spreads. There is not a maximum. I would not trade GBPUSD with a 3 pip spread.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,159
  • Jun 12, 2019 12:37pm Jun 12, 2019 12:37pm
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Took this EU short much earlier today +44.
  • #14,160
  • Jun 12, 2019 1:07pm Jun 12, 2019 1:07pm
TooSlow

Can you please explain what do you mean from the precious count.... and that is the edge. Below is the statement:

What we know, from the previous count, is the close is usually below the highest H1 open and above the lowest H1 open.
This is our "edge".

Thanks, Sam
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