Highest Open / Lowest Open Trade
- #7,304
- Oct 4, 2016 5:52am Oct 4, 2016 5:52am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,683 Posts
{quote} After a period is over (e.g. a day) only then, in hindsight, can you see what happened. On the hard right edge, where you make the go/no go trading decisions, you assume that a daily high and low is going to be the final one. Two choice: either it is, or it isn't. Either way, you may or may not have a winner depending on various parameters. Everything is uncertain, that is certain (or isn't it ?)
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Last two trades for the 10 trades challenge:
GBPUSD: BE+1 x2 - a f*cking twins! LOL 
Summary:
9 Wins (3 BE+1)
1 Loss
I completed the second round of 10 trades challenge. So... what's next?
TooSlow, anymore challenge? Or should I challenge the 10,000 kicks of BE+1?
Cheers guys, stay green!
GBPUSD: BE+1 x2 - a f*cking twins! LOL Summary:
9 Wins (3 BE+1)
1 Loss
I completed the second round of 10 trades challenge. So... what's next?
TooSlow, anymore challenge? Or should I challenge the 10,000 kicks of BE+1?
Cheers guys, stay green!
Simplicity is the key to brilliance
- #7,309
- Oct 4, 2016 6:25am Oct 4, 2016 6:25am
- Joined Jan 2008 | Status: Always do whatever's next. | 788 Posts
Last two trades for the 10 trades challenge: {image}
What's that with Rule #6, by the way
It takes courage to grow up and become who you really are - E.E. Cummings
{image}
I`m using this method sence tooslow start this tread
after two weeks testing I went live and from then I don`t have a loosing day
I combine it with my style and system and I can say that it`s working
just want to say thank you all (specialy tooslow) for this nice and simple system
all the best
Alex
Stay GREEN my friends........
- #7,311
- Oct 4, 2016 7:35am Oct 4, 2016 7:35am
- Joined Mar 2012 | Status: Trader | 14,381 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #7,312
- Oct 4, 2016 7:39am Oct 4, 2016 7:39am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
USDCHF At the top pivot...I smell a rat...
- #7,313
- Oct 4, 2016 7:42am Oct 4, 2016 7:42am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
EURGBP Something could be building here...
- #7,314
- Oct 4, 2016 7:45am Oct 4, 2016 7:45am
- Joined Mar 2012 | Status: Trader | 14,381 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #7,315
- Oct 4, 2016 7:50am Oct 4, 2016 7:50am
- Joined Mar 2007 | Status: Trader | 1,086 Posts
edit: BE+5
The quality of your life is brought about by the quality of your thinking.
- #7,317
- Oct 4, 2016 7:56am Oct 4, 2016 7:56am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Yes #lemecrnaire but the idea behinde daily high and low is a litle undefinied concept in all these and if is a "mistake" i repeat under quotes "mistake" these is that f***g H and L. Anyway i like deep inside the system, sometimes it goes to love
Of course they may go on to be engulfed/superceded and they often are but at that time, you have absolutely zero clue whether they will or they won't. So what to do? Sit and wait till the day is half done to see if the picture firms up? That's actually an option, especially if you can trade both UK and US Opens. I did that myself when I first started using HOLO. Didn't last long...kept pissing myself off at all those earlier set ups I let go because they may have been superceded later...ho hum...
If price that day, at that moment, is sitting at the extreme of its ADR or a major pivot, then I'd be lying if I said I didn't pay attention to it but if you start to add in all these distractions, you will spend so much time applying filters that by the time you have figured out which pair to trade, which is the ''perfect'' set up, you will miss the trade.
Take a step back, relax and let go of all the clutter.
- #7,318
- Oct 4, 2016 8:00am Oct 4, 2016 8:00am
- Joined Jan 2008 | Status: Always do whatever's next. | 788 Posts
WELCOME ABOARD NEWCOMERS!! So many new names. Feel free to ask questions and post your charts. PLEASE, PLEASE, PLEASE read Post #1 before you start asking. Many questions are answered there. This is a friendly thread. Make sure you only post charts showing HOLO. We do not want people confused with other non-HOLO stuff. 1-2-3 is a part of HOLO in case you were wondering. The only way to learn how to trade is to practice trading. The 10 Trade Challenge is your practice. Green pips to all. Cheers!
It takes courage to grow up and become who you really are - E.E. Cummings
- #7,319
- Oct 4, 2016 8:15am Oct 4, 2016 8:15am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Last two trades for the 10 trades challenge: {image}
- #7,320
- Oct 4, 2016 8:30am Oct 4, 2016 8:30am
- Joined Mar 2012 | Status: Trader | 14,381 Posts
{quote} {image}
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade