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Highest Open / Lowest Open Trade

  • #7,361
  • Oct 5, 2016 4:08am Oct 5, 2016 4:08am
Quoting LinFX
{quote}{quote} Thanks sir! I completely forgot about H4 and above for bird view. Thanks for the reminder! I think bending rules is still too early for me (I'm not quick enough! LOL). I think it's better for me to master the rules before bending it. I can feel my discipline is growing rapidly with these simple rules. I'm not chasing price/trades anymore (I did it a lot in the past) but I still swear on the missed trades . But I really like the If-Then-Else method that keep me from...
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  • #7,362
  • Oct 5, 2016 4:13am Oct 5, 2016 4:13am
Quoting lemercenaire
{quote} Good call - new High... {image}
If it's rule Rule #1, then it's Rule #5. Cheers!
Simplicity is the key to brilliance
  • #7,363
  • Oct 5, 2016 4:14am Oct 5, 2016 4:14am
Quoting LinFX
{quote}{quote} Thanks sir! I completely forgot about H4 and above for bird view. Thanks for the reminder! I think bending rules is still too early for me (I'm not quick enough! LOL). I think it's better for me to master the rules before bending it. I can feel my discipline is growing rapidly with these simple rules. I'm not chasing price/trades anymore (I did it a lot in the past) but I still swear on the missed trades . But I really like the If-Then-Else method that keep me from bad cherries. May[/highlight]...
Joined TS on the good ship HOLO/1-2-3 early July.

Yes, has worked very well for me. It now forms the main part of my trading portfolio. I should mention that I have used other variations on the HOLO concept on high time-frames in the past (Daily, Weekly), so maybe that gave me a slight edge when starting but TS's version is as good as it gets down here at the sharp end.
  • #7,364
  • Oct 5, 2016 4:24am Oct 5, 2016 4:24am
Quoting lemercenaire
{quote} Joined TS on the good ship HOLO/1-2-3 early July. Yes, has worked very well for me. It now forms the main part of my trading portfolio. I should mention that I have used other variations on the HOLO concept on high time-frames in the past (Daily, Weekly), so maybe that gave me a slight edge when starting but TS's version is as good as it gets down here at the sharp end.
It's really good to hear that! Thanks for your willingness to tell me about your result. I see you have a foundation prior to this method! But like you said, this HOLO by TS is very amazing even for me who practice about SR/SD in the past. from my live test in MT4 plus few months of data testing in Forextester3, I could see the potential of this method.
Simplicity is the key to brilliance
  • #7,365
  • Oct 5, 2016 5:02am Oct 5, 2016 5:02am
Little pips here, little pips there.

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Monitoring 4 pairs = enough to keep me as a busy scalper. Great method, tooslow!
Simplicity is the key to brilliance
  • #7,366
  • Oct 5, 2016 5:25am Oct 5, 2016 5:25am
I demo trade this one:
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Is this HOLO or 123 trade?
I think it's 123, because price is above yesterday high.
HOLO trades should be without breakouts. But there is too little posibilities for HOLO trades. Or I have some misunderstanding.
  • #7,367
  • Oct 5, 2016 5:28am Oct 5, 2016 5:28am
This trade should be HOLO trade, is it?
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  • #7,368
  • Oct 5, 2016 5:54am Oct 5, 2016 5:54am
Quoting LinFX
Little pips here, little pips there. {image} Monitoring 4 pairs = enough to keep me as a busy scalper. Great method, tooslow!
Monitor ONE PAIR.
Stay focused.
Master the method first.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,369
  • Oct 5, 2016 5:56am Oct 5, 2016 5:56am
Quoting IenDzi
I demo trade this one: {image} Is this HOLO or 123 trade? I think it's 123, because price is above yesterday high. HOLO trades should be without breakouts. But there is too little posibilities for HOLO trades. Or I have some misunderstanding.
Yes.
You have a misunderstanding.
Read the thread.
There are multiple HOLO possibilities everyday.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,370
  • Oct 5, 2016 5:58am Oct 5, 2016 5:58am
Quoting IenDzi
This trade should be HOLO trade, is it? {image}
Does it follow the rules?
Yes?
Then it is a HOLO trade.
NO?
Then it is not a HOLO trade.


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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,371
  • Oct 5, 2016 5:59am Oct 5, 2016 5:59am
2xSL today. Continue the testing.

USDCAD-9pips
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USDJPY-9pips
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  • #7,372
  • Oct 5, 2016 6:01am Oct 5, 2016 6:01am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,373
  • Oct 5, 2016 6:14am Oct 5, 2016 6:14am
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Rule #1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,374
  • Oct 5, 2016 6:14am Oct 5, 2016 6:14am
Quoting TooSlow
{quote} Monitor ONE PAIR. Stay focused. Master the method first. {image} {image}
Sorry you caught me again.

I usually watched 4-6 pairs in the past. So I thought I could do it with this method, too. Okay, I'll listen to your prescription. I'll add more as I reached some more milestones in the near future.

Cheers!!

Quoting WoS
2xSL today. Continue the testing. USDCAD-9pips {image} USDJPY-9pips {image}
Hey there WoS, both of the trades you took violated rule #1 (if I'm correct)
Simplicity is the key to brilliance
  • #7,375
  • Oct 5, 2016 6:23am Oct 5, 2016 6:23am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,376
  • Oct 5, 2016 6:25am Oct 5, 2016 6:25am
Quoting LinFX
{quote} Sorry you caught me again. I usually watched 4-6 pairs in the past. So I thought I could do it with this method, too. Okay, I'll listen to your prescription. I'll add more as I reached some more milestones in the near future. Cheers!! {quote} Hey there WoS, both of the trades you took violated rule #1 (if I'm correct)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,377
  • Oct 5, 2016 6:42am Oct 5, 2016 6:42am
{quote} Hey there WoS, both of the trades you took violated rule #1 (if I'm correct)[/quote]
Nope,rule #1 is saint for me,check the big 1H candles on chart. I think my entry was correct. Maybe little bit early,but correct.
  • #7,378
  • Oct 5, 2016 6:55am Oct 5, 2016 6:55am
EURJPY +10 pips
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  • #7,379
  • Oct 5, 2016 7:01am Oct 5, 2016 7:01am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,380
  • Oct 5, 2016 7:11am Oct 5, 2016 7:11am
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