Highest Open / Lowest Open Trade

When price makes higher highs and higher lows, which way is price going?

When price makes a higher high and then drops below the previous high, which way is price going?


Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.

What rule is that?

If you must enjoy Tooslow HOLO, forget about everything you know concerning your trading system or strategy, then follow HOLO rules strictly.
HOLO looks so simple to be true trading strategy.
When I started using it, I tried to add what I was doing in my trading strategy; I was confused until I started HOLO afresh. Today I am a very happy trader.
The moment HOLO setup is ready, it shows you stop loss, entry point, and how to take profit. You don't use your sense to trade HOLO because everything has been laid down for you to follow.
There is no question; I asked Tooslow, and he did not answer me, no matter how stupid it may be.

One thing I understand about trading is that one do not need to make plenty pips to make good money in forex trading. With 10 pips you are good to go.
Imagine using 20 lot to trade and the stop loss is 1.7 pips.
If the trade goes against you that will be $200 X 1.7 = $340
If it hit take profit at 10 pips that is $200 X 10 = $2,000.



Thank you, Tooslow.

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See Rule #8

ChatGPT wrote a HOLO indicator showing the progression of the H1 highest and lowest levels for the day.

The indicator warned you.

There are times when the M30 open and H1 open are the same. When they are not, there may be an opportunity.

In order for the price to get to the H1 highest open, the price had to drop from the M30 highest open.

When the distance between the two is relatively large, there is an opportunity. Look at the range from the RED M30 opens to the RED M30 lows.