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Highest Open / Lowest Open Trade

  • #5,641
  • Aug 22, 2016 7:23am Aug 22, 2016 7:23am
Quoting lemercenaire
{quote} Sorry guys - didn't mean to muddy the water for you. These trades are 1-2-3 trades, a subset of HOLO. They take advantage of BreakOut bars on the H1 tf which are not traded (Rule #1) of HOLO. 1-2-3 Rules: ''A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the current bar. A bar makes a NEW DAILY low and closes. Next bar fails to make a lower low and reverses. Buy when price rises above the open price of the current bar.'' The zone entry comments are...
Yeah, cool, no worries. Thanks. You did not confuse me. I am about halfway through the 1-2-3 thread myself. Reading it again after I gave up the 1st time after a few pages.
I did see your fib method. So understand the zones are tied to the fibs.

The only thing u confuse me with is your name here. I have no clue what that means and I have to look up the spelling everytime!
  • #5,642
  • Aug 22, 2016 7:33am Aug 22, 2016 7:33am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,643
  • Aug 22, 2016 7:40am Aug 22, 2016 7:40am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,644
  • Aug 22, 2016 7:45am Aug 22, 2016 7:45am
GBPCHF BE+1 Better than a loss...missed out on the drop but that's the nature of the beast...
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Done well today - no trader's remorse from me.
  • #5,645
  • Aug 22, 2016 7:56am Aug 22, 2016 7:56am
Quoting courier12
{quote} Yeah, cool, no worries. Thanks. You did not confuse me. I am about halfway through the 1-2-3 thread myself. Reading it again after I gave up the 1st time after a few pages. I did see your fib method. So understand the zones are tied to the fibs. The only thing u confuse me with is your name here. I have no clue what that means and I have to look up the spelling everytime!
Grand - I am a huge fan of 1-2-3, a niche within a niche, lol. Good to have someone else take an interest.
As for the name - It's all Warren Zevon's fault...and a reference to another hat I wear occasionally.

''A few young men
The few who dare
To battle in hell...
Le Mercenaire!''

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  • #5,646
  • Aug 22, 2016 8:03am Aug 22, 2016 8:03am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,647
  • Aug 22, 2016 8:06am Aug 22, 2016 8:06am
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1-2-3 is a subset of HOLO.
One particular trade.
A pair must breakout for it to be considered for entry.
Rules for 1-2-3 on chart.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,648
  • Aug 22, 2016 8:08am Aug 22, 2016 8:08am
Quoting lemercenaire
{quote} Grand - I am a huge fan of 1-2-3, a niche within a niche, lol. Good to have someone else take an interest. As for the name - It's all Warren Zevon's fault...and a reference to another hat I wear occasionally. ''A few young men The few who dare To battle in hell... Le Mercenaire!'' {image}
Cool. Got it! Just listened to the song as well!

Now I know where it comes from!
  • #5,649
  • Aug 22, 2016 8:11am Aug 22, 2016 8:11am
GBPUSD Dunno what happened there at the entry but got away with it, lol...
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  • #5,650
  • Aug 22, 2016 8:12am Aug 22, 2016 8:12am
GBPCHF I'm feeling a lot of love for the Swiss right now! Even though I missed most of it, you gotta' love a good drop!
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  • #5,651
  • Aug 22, 2016 8:13am Aug 22, 2016 8:13am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,652
  • Aug 22, 2016 8:20am Aug 22, 2016 8:20am
Quoting courier12
{quote} Cool. Got it! Just listened to the song as well! Now I know where it comes from!
Warren Zevon - The Best There Ever Was...
  • #5,653
  • Aug 22, 2016 8:20am Aug 22, 2016 8:20am
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Closed the weekly open gap.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,654
  • Aug 22, 2016 8:21am Aug 22, 2016 8:21am
Who is taking the 10 trade challenge this week?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,655
  • Aug 22, 2016 8:30am Aug 22, 2016 8:30am
Quoting TooSlow
{image}
USDCAD 1-2-3 Didn't get to TooSlow's call but just for info...Zone 2 entry.
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  • #5,656
  • Aug 22, 2016 8:32am Aug 22, 2016 8:32am
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PTG M30
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,657
  • Edited 9:12am Aug 22, 2016 8:45am | Edited 9:12am
15 Best Practices I have observed over the years as a Peak Performance Coach to PMs at Hedge Funds

http://drdoug.com/blog/15-best-pract...ver-the-years/



http://drdoug.com/video/
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,658
  • Aug 22, 2016 8:55am Aug 22, 2016 8:55am
N/D trade set. Waiting....
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The better looser you are the better winner you are
  • #5,659
  • Aug 22, 2016 8:58am Aug 22, 2016 8:58am
Quoting lemercenaire
{quote} Grand - I am a huge fan of 1-2-3, a niche within a niche, lol. Good to have someone else take an interest. As for the name - It's all Warren Zevon's fault...and a reference to another hat I wear occasionally. ''A few young men The few who dare To battle in hell... Le Mercenaire!'' {image}
G'day Mate.
Thanks for the "name" explanation. I was also wondering that one.

Young Warren did have a few issues as I recall. Not suggesting you have any Mate.

Very happy for your input here. It brings a certain (acceptable) irreverence to the thread, and along with Pippy, you guys give me a great many giggles.

Keep em coming .....as well as the really good trade perspectives you guys present.

Thanks(from someone who has not got nearly the same keystroke speed that you have.)
Cheers
Michael
  • #5,660
  • Aug 22, 2016 9:03am Aug 22, 2016 9:03am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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