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Highest Open / Lowest Open Trade

  • #7,321
  • Oct 4, 2016 8:40am Oct 4, 2016 8:40am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,322
  • Oct 4, 2016 8:49am Oct 4, 2016 8:49am
Hello guys!

First time posting here, I really liked the strategy and I'm going to start the challenge.

Just one question right now. The SL is placed exactly at current daily high/low or few pips above/bellow?

Thanks!
  • #7,323
  • Oct 4, 2016 8:51am Oct 4, 2016 8:51am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,324
  • Oct 4, 2016 8:52am Oct 4, 2016 8:52am
Quoting bzK
Hello guys! First time posting here, I really liked the strategy and I'm going to start the challenge. Just one question right now. The SL is placed exactly at current daily high/low or few pips above/bellow? Thanks!
Welcome to the thread bzK.
Feel free to use the current daily high/low or few pips above the high and below the low.
A trader must determine their risk amount.
Make sure you read and understand Post #1.
Green pips to you.
Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,325
  • Oct 4, 2016 8:53am Oct 4, 2016 8:53am
Quoting lemercenaire
{quote} The Daily High or the Daily Low, as defined here, are those that exist at that moment in time, on the screen, right in front of you. Of course they may go on to be engulfed/superceded and they often are but at that time, you have absolutely zero clue whether they will or they won't. So what to do?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...
Thanc you bro i appriciate you very very much for clerifying, God blees you and all other contributers here
  • #7,326
  • Oct 4, 2016 9:06am Oct 4, 2016 9:06am
Quoting TooSlow
{quote} PTG, careful showing the humans tools from advanced civilizations from another galaxy!
Attached Image
It takes courage to grow up and become who you really are - E.E. Cummings
  • #7,327
  • Oct 4, 2016 9:06am Oct 4, 2016 9:06am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,328
  • Oct 4, 2016 9:53am Oct 4, 2016 9:53am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,329
  • Oct 4, 2016 9:54am Oct 4, 2016 9:54am
Why so many Invisible ?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,330
  • Oct 4, 2016 10:02am Oct 4, 2016 10:02am
EURUSD Heads Up - might get lucky and get something on the way back up...

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  • #7,331
  • Oct 4, 2016 10:13am Oct 4, 2016 10:13am
Quoting TooSlow
Why so many Invisible ?
Attached Image
  • #7,332
  • Oct 4, 2016 10:21am Oct 4, 2016 10:21am
Quoting TooSlow
Why so many Invisible ?
We live in 3d word areas
  • #7,333
  • Oct 4, 2016 10:24am Oct 4, 2016 10:24am
Quoting mizi123
{quote} We live in 3d word areas
Seriously?
  • #7,334
  • Oct 4, 2016 10:58am Oct 4, 2016 10:58am
In this wonderful world where markets respond to every fart central bankers make, things can turn around just like that, just in case you wonder what the heck just happened.

http://www.zerohedge.com/news/2016-1...per-qe-its-end
It takes courage to grow up and become who you really are - E.E. Cummings
  • #7,335
  • Oct 4, 2016 11:23am Oct 4, 2016 11:23am
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Price hit R5 at 102.92
R6 is 103.24
Hold on.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,336
  • Oct 4, 2016 11:24am Oct 4, 2016 11:24am
Quoting PippyTheGrt
In this wonderful world where markets respond to every fart central bankers make, things can turn around just like that, just in case you wonder what the heck just happened. http://www.zerohedge.com/news/2016-1...per-qe-its-end
Thank you, Pippy.
Will make some new HOLO levels for sure.
Green pips to all.
Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,337
  • Oct 4, 2016 11:59am Oct 4, 2016 11:59am
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Anyone ride the EURUSDrail?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,338
  • Oct 4, 2016 12:03pm Oct 4, 2016 12:03pm
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Wish they had the old smileys.
Miss the waiting one.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,339
  • Oct 4, 2016 12:17pm Oct 4, 2016 12:17pm
Quoting TooSlow
{image} Anyone ride the EURUSDrail?
Yes! me did
Had a great entry at 1.11577 and exited at 1.11973 i was very lucky to spot it less than a minute before it took off
  • #7,340
  • Oct 4, 2016 12:19pm Oct 4, 2016 12:19pm
Quoting lemercenaire
EURUSD Heads Up - might get lucky and get something on the way back up... {image}
Yep, I think we got something on the way back up, lol...

EURUSD
H1
Attached Image (click to enlarge)
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M5
Attached Image (click to enlarge)
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