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Highest Open / Lowest Open Trade

  • #6,041
  • Aug 26, 2016 4:28am Aug 26, 2016 4:28am
Quoting slowbrain
{quote} ​easy way to answer .... take it or leave it ... but still no numbers ..... just blablabla ..... and charts are coming after the battle ... ​But teaching style is not the issue here ... is the evidences to show that the concept is mathematically viable on the long term without filters ... i'm not doubting here im asking informations ... but still no numbers ... by average on majors if 100 trades how many will fail how many will make at least +1.... just that .... if people trade this method since few months they should be able...
the method and the rules are here, but I'm sure of two things.
The first one is, with the same methodology, same system, same indicators, two traders are going to get two very different results, maybe one is highly successful, and the other succumbs to large losses.
The second one is that , this entry methodology has a great potencial. Why? because if you follow the entry rules, your losses will be small. Remember: Cut short your losses; let your profits run on.
So in my point of view, this methodology has a big potencial, but there is an inconvenience. You must stay in front of your pc, so is very time consuming.
  • #6,042
  • Aug 26, 2016 7:34am Aug 26, 2016 7:34am
Quoting slowbrain
{quote} ​easy way to answer .... take it or leave it ... but still no numbers ..... just blablabla ..... and charts are coming after the battle ... ​But teaching style is not the issue here ... is the evidences to show that the concept is mathematically viable on the long term without filters ... i'm not doubting here im asking informations ... but still no numbers ... by average on majors if 100 trades how many will fail how many will make at least +1.... just that .... if people trade this method since few months they should be able...
You know HOLO rules. Couple houers and you can backtest it. What stoping you to do that? Why you want to relay on somebody opinion and risk your money without backtest or forwardtest it by yourself?
When you work on some ideas you can find their
weaknesses and advantages. You can then adapt rules to your personality.
  • #6,043
  • Aug 26, 2016 7:46am Aug 26, 2016 7:46am
Quoting slowbrain
Tooslow I noticed that 50% of your posts consist of the same content 1. read post 1 2. read the thread completely 3. pseudo Bruce Lee quotes 4. link to pseudo psycho articles ,teenagers magazine level You open threads , to show trading systems , claiming it works : "This strategy works every day on every pair", but without any concret evidences.(numbers) I know already what will be the answer to my post if any ... ( 1, 2,3 or 4 ). don't read me wrong here , i'm not making a troll here , just try to get answers, like % of signals making a profit...
slowbrain, seems like you already have all of the answers.
No one here needs to convince anyone else of the merits of this method.
Either take the 10 trade challenge with the attitude of learning or
Continue in your quest to find a system.
You have given no reason for me to be nasty or ban you from this thread.
The comments you made expose your nature.
Cheers.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,044
  • Aug 26, 2016 7:59am Aug 26, 2016 7:59am
My NSDUSD trade reached his 5 pip target, but has been stopped after that, so +5-3= +2 pips. GBPJPY "free trade" is still open and running.
  • #6,045
  • Aug 26, 2016 8:10am Aug 26, 2016 8:10am
Quoting slowbrain
{quote} ​easy way to answer .... take it or leave it ... but still no numbers ..... just blablabla ..... and charts are coming after the battle ... ​But teaching style is not the issue here ... is the evidences to show that the concept is mathematically viable on the long term without filters ... i'm not doubting here im asking informations ... but still no numbers ... by average on majors if 100 trades how many will fail how many will make at least +1.... just that .... if people trade this method...
Charts posted with indicates I am waiting for the setup to appear.
Traders can choose to watch, get in the game or look at other pairs.
You want someone to give you something or than what is being offered.
What do you call one who acts in such a way?
You walk into someone's home thirsty, they offer you water and you demand juice and booze, who are you?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,046
  • Aug 26, 2016 8:23am Aug 26, 2016 8:23am
Quoting Jordi
{quote} the method and the rules are here, but I'm sure of two things. The first one is, with the same methodology, same system, same indicators, two traders are going to get two very different results, maybe one is highly successful, and the other succumbs to large losses. The second one is that , this entry methodology has a great potencial. Why? because if you follow the entry rules, your losses will be small. Remember: Cut short your losses; let your profits run on. So in my point of view, this methodology has a big potencial,[/highlight]...
Sounds to me you really do not want to trade.
Staying in front of your pc is a large part of trading.
What do you expect to do, enter a trade and 2 seconds later exit with a huge profit?
You can do that!
Just put your trade on right before red news.
Guess the direction correctly and win big.
But when it goes against you, kiss your account goodbye.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,047
  • Aug 26, 2016 8:25am Aug 26, 2016 8:25am
Quoting fabiog
{quote} You know HOLO rules. Couple houers and you can backtest it. What stoping you to do that? Why you want to relay on somebody opinion and risk your money without backtest or forwardtest it by yourself? When you work on some ideas you can find their weaknesses and advantages. You can then adapt rules to your personality.
Well said

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,048
  • Aug 26, 2016 8:27am Aug 26, 2016 8:27am
Hi TooSlow, GBPCHF looks interesting, isn't it?
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  • #6,049
  • Aug 26, 2016 8:34am Aug 26, 2016 8:34am
HITTING THE PSYCHOLOGICAL GYM

The work we do is all about the control of attention, says Brosnahan. In pressure situations, he says, it is very easy for our consciousness to divert from a resourceful state to an unresourceful one, from a position of mental calm, clarity, and inner strength into what he calls Defensive Thinking. ...

Performance under pressure is known as A.C.T. In Brosnahans words, allowing yourself to win by following process rather than being caught up in outcomes.

The skill to handle pressure was critical, says Henry. Pressure is a privilege, says Gilbert Enoka it means youre playing at the highest level. If an organization is really going to be world-class, Brosnahan elaborates, thats going to mean an awful lot of pressurepressure is a good thing. ...

Its crazy, Gilbert Enoka tells [us], because if you want to build up strength, you go to the gym and you work three times a week on your core strength. It just seems that if you want to develop your ability to concentrate and focus and be flexible in what you do from a mental perspective, wouldnt you apply the same approach.

James Kerr
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,050
  • Aug 26, 2016 8:43am Aug 26, 2016 8:43am
Hi all, EUR/USD and GBP/USD are in progress Long, H4/M5. It's ok TS ?
The loss - I forbid!
  • #6,051
  • Aug 26, 2016 8:47am Aug 26, 2016 8:47am
AUDJPY. I know, is risky before Yellen, but let's see how it does.
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  • #6,052
  • Aug 26, 2016 8:49am Aug 26, 2016 8:49am
GBPCHF , order filled
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  • #6,053
  • Aug 26, 2016 8:50am Aug 26, 2016 8:50am
What is A.C.T.?

Pretty much all of us will struggle with unwanted and uncomfortable mental experiences in the form of thoughts, emotions and memories at some stage in our life. In the workplace, these experiences are often brushed off or seen as trivial.

Yet all statistics show that at one end of the spectrum, the ability to focus and become engaged in one’s work brings far better results in terms of productivity, innovation and learning. And at the other end of the spectrum, the ability to cope effectively with stress, anxiety and uncertainty predicts less burnout, less absenteeism and lower turnover.

Acceptance and Commitment Training (or ACT) is a new, evidence-based cognitive behavioural intervention which works at both ends of the spectrum.

In a nutshell, ACT helps people to change their relationship to difficult thoughts and emotions, in the service of constructing a life around what really matters to them.

ACT involves learning a number of mindfulness skills in order to deal with thoughts and emotions more effectively. Yet this is mindfulness for the messiness of real life. It is mindfulness with a purpose. So there is a strong emphasis on connecting with one’s inner values and seeing these values realised in everyday life through action.
Put simply, ACT is an extremely powerful approach in helping people to live the life that they truly want, rather than the life that their thoughts and emotions would dictate.

https://workingwithact.com/what-is-act/
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,054
  • Aug 26, 2016 8:57am Aug 26, 2016 8:57am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,055
  • Aug 26, 2016 9:03am Aug 26, 2016 9:03am
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COMPLETELY FORGOT ABOUT RED NEWS.
Went short right before the TOTH because price was at highest open.
Thanks lemercenaire - you words the other day about not worrying about the time.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,056
  • Aug 26, 2016 9:05am Aug 26, 2016 9:05am
AUDJPY : 5 pips target reached. Stop of the remaining position moved to -3 pips, but finally stopped.
GBPCHF, stops triggered.
GBPJPY stopped
  • #6,057
  • Aug 26, 2016 9:18am Aug 26, 2016 9:18am
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Glad it went south first
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,058
  • Aug 26, 2016 9:47am Aug 26, 2016 9:47am
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They must have wiped out all the stops.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,059
  • Aug 26, 2016 9:52am Aug 26, 2016 9:52am
another try, AUDJPY : 5 pips target reached. Stop of the remaining position moved to -3 pips
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  • #6,060
  • Aug 26, 2016 11:10am Aug 26, 2016 11:10am
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Anyone take this ride?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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