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Highest Open / Lowest Open Trade

  • #6,401
  • Sep 14, 2016 9:10am Sep 14, 2016 9:10am
AUDUSD Rule only slightly stretched and patience, once again, pays off...

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  • #6,402
  • Sep 14, 2016 9:15am Sep 14, 2016 9:15am
AUDUSD Oh sweet Mama! I love you and want to have your babies!!!

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  • #6,403
  • Sep 14, 2016 9:24am Sep 14, 2016 9:24am
Quoting lemercenaire
AUDUSD Oh sweet Mama! I love you and want to have your babies!!! {image}
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,404
  • Sep 14, 2016 9:25am Sep 14, 2016 9:25am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,405
  • Sep 14, 2016 9:37am Sep 14, 2016 9:37am
AUDUSD ''Run Forrest, run!!!''

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  • #6,406
  • Sep 14, 2016 9:43am Sep 14, 2016 9:43am
Quoting lemercenaire
AUDUSD ''Run Forrest, run!!!'' {image}
Excellent example Lem. Now I understand . Well done for a clear explanation.
every Saint has a past. Every Sinner has a Future
  • #6,407
  • Sep 14, 2016 9:44am Sep 14, 2016 9:44am
AUDUSD Out for +31 Happy, happy, happy...

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  • #6,408
  • Sep 14, 2016 9:46am Sep 14, 2016 9:46am
AUDCHF Damn...having too much fun elsewhere...missed this one. Had it all set up as well. Fool...

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  • #6,409
  • Sep 14, 2016 9:59am Sep 14, 2016 9:59am
Y'all are great! Although I don't have much time to trade I keep up with this thread religiously. I think I'm living my trading vicariously through y'alls. LOL!
The better looser you are the better winner you are
  • #6,410
  • Sep 14, 2016 10:21am Sep 14, 2016 10:21am
Quoting lemercenaire
AUDUSD Out for +31 Happy, happy, happy... {image}
lol

This time you've reminded me of a song that's now stuck in my head lol
It takes courage to grow up and become who you really are - E.E. Cummings
  • #6,411
  • Sep 14, 2016 10:59am Sep 14, 2016 10:59am
Quoting lemercenaire
{quote} Oh man - quite possibly the worst possible time to find yourself able to trade - so quiet. I posted before about not thinking about all the +30's you ''lost'' but taking pride in all the +1 / +5's you ''get''. That way you are a ''winner of 5 pips'', not a ''loser of +30''. Build on that positive attitude and bin the negativity.
Thats right, thanks for the tip...
Have a nice day
  • #6,412
  • Sep 14, 2016 11:08am Sep 14, 2016 11:08am
Quoting TooSlow
{quote} That is when I trade. Last hour or so of London and most of NY. Not quiet at all.
...it depends....trading only 1 pair may be a pain....
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Have a nice day
  • #6,413
  • Sep 14, 2016 11:20am Sep 14, 2016 11:20am
Quoting lemercenaire
{quote} You're welcome. It's a fine line. There will always be days when it just isn't going to happen. All the rules are right, you call it on the money. You stop out. For me, I have come from high-TF trading. I always thought noise was my neighbour's dog barking. It took me a while to feel comfortable down here at the sharp end. What gave me comfort and got me through, was my having complete faith in the method. I said be aware of outside influences but don't base your actual trade decisions at that moment on those influences. Does that make sense?...
wow, so much input from you.....
your post gives me confidence to go on and find my own style, which should- if being fully confirmed by my mind- give enough discipline to trade along the rules without doubting before every trade....
Have a nice day
  • #6,414
  • Sep 14, 2016 11:30am Sep 14, 2016 11:30am
Quoting PippyTheGrt
{quote} You will need to quantify "too many losses": compared to what ? Why would it be "too many" ? Consider the fact that the win/loss order of trades are randomly distributed. You will only be able to draw some statistical conclusions after you have executed "enough" trades to be statistically significant. That would be more than 50 at the very minimum. Below that, you may be looking at a streak of losers of -say- 10 out of 10 and that still is meaningless. You need to continue to do exactly what you did and keep records so that you can evaluate...
Thanks for your very detailed answer....yes, it helps.
Up to now i have done about 30 trades + X but to be honest, if there was now HOLO signal i traded the wicks ( trend-trading). Thus i have no proper statistic so far.......small lots yes, I always trade 0,01 lot (=0,9 cent 1 pip), but real account to get the right feeling from the beginning.
I will heed your advices (Mark Douglas). Thanks again for your words.
Have a nice day
  • #6,415
  • Sep 14, 2016 11:38am Sep 14, 2016 11:38am
Quoting TooSlow
{quote} Remember the rules are guidelines. The rules give you structure. The rules are a safety net. As you get better at dancing with the market, you will make up your own steps. Experience will show you there will be many entries on the same pair sometimes within the same hour. Be happy racking up BE+1 to BE+5 pips. At the end of the session, you may have 20 or more pips in your pocket. Maybe once a week or so, you'll collect the BIG PIPS. Be patient.
Thats i wanted to hear.....
20 pips a day is more than enough.....
Your input encourages me a lot, thanks again.
Have a nice day
  • #6,416
  • Sep 14, 2016 11:48am Sep 14, 2016 11:48am
Quoting lemercenaire
AUDUSD Out for +31 Happy, happy, happy... {image}
Have a nice day
  • #6,417
  • Sep 14, 2016 12:07pm Sep 14, 2016 12:07pm
Quoting doerpn
{quote} Thanks for your very detailed answer....yes, it helps. Up to now i have done about 30 trades + X but to be honest, if there was now HOLO signal i traded the wicks ( trend-trading). Thus i have no proper statistic so far.......small lots yes, I always trade 0,01 lot (=0,9 cent 1 pip), but real account to get the right feeling from the beginning. I will heed your advices (Mark Douglas). Thanks again for your words.
My pleasure.
You could keep separate stats on HOLO and other methods you use.

"Wer sichere Schritte tun will, muss sie langsam tun" - Goethe
It takes courage to grow up and become who you really are - E.E. Cummings
  • #6,418
  • Sep 14, 2016 1:09pm Sep 14, 2016 1:09pm
Quoting PippyTheGrt
{quote} My pleasure. You could keep separate stats on HOLO and other methods you use. "Wer sichere Schritte tun will, muss sie langsam tun" - Goethe
...........................................
Have a nice day
  • #6,419
  • Sep 14, 2016 1:24pm Sep 14, 2016 1:24pm
Quoting doerpn
{quote} ...........................................
It takes courage to grow up and become who you really are - E.E. Cummings
  • #6,420
  • Sep 14, 2016 3:43pm Sep 14, 2016 3:43pm
Quoting USCGamecocks
Y'all are great! Although I don't have much time to trade I keep up with this thread religiously. I think I'm living my trading vicariously through y'alls. LOL!
Hey man! Good to see you here again - watched your team beat Vanderbilt - good game!
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