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Highest Open / Lowest Open Trade

  • #19,681
  • Feb 7, 2025 10:46am Feb 7, 2025 10:46am
Quoting Radetzky
{image} Good morning everyone I just signed up to FF to follow your interesting 3d As a novice I tried to download the template in the photo thinking it was the simplest It blocked me mt4 and I had to reinstall it Can I ask you which template to use or how to get the data of the graph that you publish for the analysis??? THANKS!
Just download the indicator from POST #1. That is all that you need.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,682
  • Feb 7, 2025 11:49am Feb 7, 2025 11:49am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,683
  • Feb 9, 2025 5:18pm Feb 9, 2025 5:18pm
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“Now, 2 patterns of market behavior happen on a regular basis:
1) the price breaks to new high's (or low's)
2) the price reverses from new high's (or low's)
They happen regardless of time frame.
They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist.” - H. Rearden


Price Action #advancedalientrading

1) Price will either breakout of the high, low or both of the previous bar
2) Price will not breakout of the previous bar.
3) Price will either close above a level (line) or not.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,684
  • Feb 10, 2025 5:31am Feb 10, 2025 5:31am
Quoting TooSlow
{image}
when price break like this do you take the trade too ? or you wait for the H1 candle to close first ?

also is monday win rate always bad ?
  • #19,685
  • Feb 10, 2025 7:54am Feb 10, 2025 7:54am
Quoting reinaldopb
{quote} when price break like this do you take the trade too ? or you wait for the H1 candle to close first ? also is monday win rate always bad ?
Most of my trades follows the rules.

Monday is just another trading day, unless there's red news.

Cheers, Mate.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,686
  • Feb 10, 2025 9:47am Feb 10, 2025 9:47am
Quoting TooSlow
{quote} Most of my trades follows the rules. Monday is just another trading day, unless there's red news. Cheers, Mate.
i see thanks for the answer sir
  • #19,687
  • Feb 11, 2025 12:21am Feb 11, 2025 12:21am
the first transaction is not exactly according to the rules...80 % withdrawn on +3
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  • #19,688
  • Edited 1:50am Feb 11, 2025 1:17am | Edited 1:50am
Quoting TooSlow
{quote} No. Manual entry.
TooSlow, You said you don't use Pending Order to place your trade that means you use Market Execution.

My question is at what price do you place Market Execution?
Is it when the price is at the current open or when the price breaks out from the current open?
Kindly, tell me why you refer Market Execution to Pending Order (Buy Stop or Sell Stop) because I am still learning HOLO.

The reason I ask is that I always place my trade using Pending Order (Buy Stop or Sell Stop) when the price hits the current open at the setup but I noticed that
Many a time, my trade will trigger and go against me and sometimes the price will not get to my Pending Order (Buy Stop or Sell Stop) maybe a few pips away my Broker will trigger the position and it will hit my Stop Loss.
It happened to me again yesterday.
But today, I decided to place Pending Order (Buy Stop or Sell Stop) in a demo account and immediately it triggers it, I will quickly place the trade in my live account.
So far I have made a good profit. I started it during Asian time.
Thanks
  • #19,689
  • Feb 11, 2025 3:28am Feb 11, 2025 3:28am
Good evening.
Sorry for my poor English.
I have a question.
I set it up with HOLO's unlimited 1-hour chart, and I think I'm paying attention to the entry timing on the 15-minute and 5-minute charts.
Are you not recognizing any special environment on the hourly or daily charts?
Also, is it correct to think that the entry will occur when the highest H1 opening price of the day is reached?
Also, the entry trigger is the highest H1 opening price of the day, but is it correct to think that the entry will occur the moment that price is exceeded?
Sorry if there is a post that mentions this and I missed it.
  • #19,690
  • Feb 11, 2025 7:35am Feb 11, 2025 7:35am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 34 KB


“Now, 2 patterns of market behavior happen on a regular basis:
1) the price breaks to new high's (or low's)
2) the price reverses from new high's (or low's)
They happen regardless of time frame.
They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist.” - H. Rearden


Price Action #advancedalientrading

1) Price will either breakout of the high, low or both of the previous bar
2) Price will not breakout of the previous bar.
3) Price will either close above a level (line) or not.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,691
  • Feb 11, 2025 7:37am Feb 11, 2025 7:37am
Quoting Igumapips
{quote} TooSlow, You said you don't use Pending Order to place your trade that means you use Market Execution. My question is at what price do you place Market Execution? ....
See Rule #2.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,692
  • Feb 11, 2025 7:38am Feb 11, 2025 7:38am
Quoting naonao
Good evening. Sorry for my poor English. I have a question. I set it up with HOLO's unlimited 1-hour chart, and I think I'm paying attention to the entry timing on the 15-minute and 5-minute charts. Are you not recognizing any special environment on the hourly or daily charts? Also, is it correct to think that the entry will occur when the highest H1 opening price of the day is reached? Also, the entry trigger is the highest H1 opening price of the day, but is it correct to think that the entry will occur the moment that price is exceeded? Sorry...
Just follow the rules.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,693
  • Feb 11, 2025 8:01am Feb 11, 2025 8:01am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,694
  • Feb 11, 2025 8:26am Feb 11, 2025 8:26am
UJ
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  • #19,695
  • Feb 11, 2025 8:39am Feb 11, 2025 8:39am
GJ need's to be monitored for next hour...
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  • #19,696
  • Feb 11, 2025 8:59am Feb 11, 2025 8:59am
Quoting mizi123
GJ need's to be monitored for next hour... {image}
How many 10 trade challenges have you completed?

Have you mastered HOLO?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,697
  • Feb 11, 2025 9:05am Feb 11, 2025 9:05am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,698
  • Feb 11, 2025 9:16am Feb 11, 2025 9:16am
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,699
  • Feb 11, 2025 10:05am Feb 11, 2025 10:05am
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,700
  • Feb 11, 2025 10:20am Feb 11, 2025 10:20am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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