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Highest Open / Lowest Open Trade

  • #21,021
  • Apr 21, 2026 6:43am Apr 21, 2026 6:43am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,022
  • Apr 21, 2026 7:09am Apr 21, 2026 7:09am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,023
  • Apr 21, 2026 10:56am Apr 21, 2026 10:56am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,024
  • Apr 21, 2026 12:29pm Apr 21, 2026 12:29pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,025
  • Apr 21, 2026 12:41pm Apr 21, 2026 12:41pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,026
  • Apr 21, 2026 1:48pm Apr 21, 2026 1:48pm
Quoting TooSlow
{image}
Did you open a position at the high of the M15 candle or after the close of a red candle, following the “1-2-3” pattern? Cheers!
  • #21,027
  • Apr 21, 2026 2:06pm Apr 21, 2026 2:06pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,028
  • Apr 21, 2026 2:07pm Apr 21, 2026 2:07pm
Quoting Malkolm
{quote} Did you open a position at the high of the M15 candle or after the close of a red candle, following the “1-2-3” pattern? Cheers!
Positions opened in the Highest Open Area of Interest.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,029
  • Apr 21, 2026 2:30pm Apr 21, 2026 2:30pm
Quoting TooSlow
{quote} Positions opened in the Highest Open Area of Interest.
I get it, Mate


I took a loss after entering at the M15 open, noticing that the previous M5 candle had turned red—which meant the price had pulled back from its high—so I entered at point (1), but took a loss at point (2)

That’s why I wondered if I should have waited for the M15 candle to close, which was also pulling back and formed the M30 open; at that point, I could have entered
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  • #21,030
  • Apr 22, 2026 12:40pm Apr 22, 2026 12:40pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,031
  • Apr 22, 2026 12:42pm Apr 22, 2026 12:42pm
Quoting Malkolm
{quote} I get it, Mate I took a loss after entering at the M15 open, noticing that the previous M5 candle had turned red—which meant the price had pulled back from its high—so I entered at point (1), but took a loss at point (2) That’s why I wondered if I should have waited for the M15 candle to close, which was also pulling back and formed the M30 open; at that point, I could have entered {image}
Mate, you don't have the shading turned on. Hard to see where entries should occur.

Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,032
  • Apr 23, 2026 7:26am Apr 23, 2026 7:26am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,033
  • Apr 25, 2026 8:58am Apr 25, 2026 8:58am
Who is taking the 10 trade challenge the week of APRIL 25, 2026?

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!

PLEASE READ ALL OF POST #1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,034
  • Edited 5:40pm Apr 26, 2026 4:25pm | Edited 5:40pm
Question for TooSlow or others who want to toss in some wisdom. I'm afraid this has been overcome by "If it ain't broke, don't fix it."

I am used to looking at H4 and D1 charts, and we are clearly below that with this very interesting system. So has anyone tried to add a filter, say an ema 20 on H4 to the H1 or m15 charts you look at?

This likely precludes taking any counter trend position. So if the wider trend is, say, up and we have a qualified entry on HOLO to buy at the lowest H1 open then I (someone) could take it since it is aligned with the greater TF trend. Conversely, perhaps no entry selling short from the highest H1 open crossing down (against the greater TF trend obviously).

So this must mean fewer entries but a higher win rate could be expected. It might also imply more pips per successful trade . . . maybe.

Has anyone tried trading HOLO but staying with the higher TF trend? (If so, it certainly did not catch on . . .). That may be the answer.

FS
  • #21,035
  • Apr 26, 2026 8:34pm Apr 26, 2026 8:34pm
Quoting Forest-Sea
Question for TooSlow or others who want to toss in some wisdom. I'm afraid this has been overcome by "If it ain't broke, don't fix it." I am used to looking at H4 and D1 charts, and we are clearly below that with this very interesting system. So has anyone tried to add a filter, say an ema 20 on H4 to the H1 or m15 charts you look at? This likely precludes taking any counter trend position. So if the wider trend is, say, up and we have a qualified entry on HOLO to buy at the lowest H1 open then I (someone) could take it since it is aligned with...

Trend, support, resistance, etc, are ignored.
Price action reversals from the highest open/lowest open are what makes this system a winner
Safe in monotony
  • #21,036
  • Apr 28, 2026 10:40pm Apr 28, 2026 10:40pm
Quoting Forest-Sea
Question for TooSlow or others who want to toss in some wisdom. I'm afraid this has been overcome by "If it ain't broke, don't fix it." I am used to looking at H4 and D1 charts, and we are clearly below that with this very interesting system. So has anyone tried to add a filter, say an ema 20 on H4 to the H1 or m15 charts you look at? This likely precludes taking any counter trend position. So if the wider trend is, say, up and we have a qualified entry on HOLO to buy at the lowest H1 open then I (someone) could take it since it is aligned with...
Your comment would have more weight if you took the 10 day challenge and showed that your idea was profitable.

Cheers, Mate.

"Perfection is not when you have nothing more to add, but when you have nothing more to take away." - Antoine De Saint Exupery

"It is not about adding on, but taking away. The less technique, the better you are." - Bruce Lee

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,037
  • Apr 29, 2026 8:28am Apr 29, 2026 8:28am
Quoting TooSlow
{image}
Is the black dot your entry or exit point ? Not sure I understand. Thanks
  • #21,038
  • Apr 29, 2026 9:41am Apr 29, 2026 9:41am
Quoting tradista
{quote} Is the black dot your entry or exit point ? Not sure I understand. Thanks
The entry is the highest / lowest H1 open.
Exit is either profit or loss.
Safe in monotony
  • #21,039
  • Apr 29, 2026 7:30pm Apr 29, 2026 7:30pm
Quoting tradista
{quote} Is the black dot your entry or exit point ? Not sure I understand. Thanks
The black dots are the current Bid/Ask price.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #21,040
  • Apr 29, 2026 7:32pm Apr 29, 2026 7:32pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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