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Highest Open / Lowest Open Trade

  • #8,321
  • Oct 25, 2016 7:07am Oct 25, 2016 7:07am
Quoting Crazy.Trader
Hi friend Tooslow !! can you share this template ? I like the buttons indicator as this yours {image}
Here you go.
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,322
  • Oct 25, 2016 8:03am Oct 25, 2016 8:03am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,323
  • Oct 25, 2016 8:10am Oct 25, 2016 8:10am
good harvest, BE +10
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#noFomo
  • #8,324
  • Oct 25, 2016 8:11am Oct 25, 2016 8:11am
Quoting TooSlow
{image}
Late entry got +5 really fast. Nicely done TS.
  • #8,325
  • Oct 25, 2016 8:14am Oct 25, 2016 8:14am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,326
  • Oct 25, 2016 8:15am Oct 25, 2016 8:15am
I'm sensing some movement in the markets...

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...Yeah...I think the pound may be moving a tad...
  • #8,327
  • Oct 25, 2016 8:23am Oct 25, 2016 8:23am
Quoting hrvoje
This concludes the challenge. So the net pips are in a plus, even though first 4 trades i traded with an account having spread of 3.8 - 4.2 The verdict: it works Edit: win/lose ratio is 60/40 in my case Edit2: Probably the sample is too small, but I noticed that entries on 15M (bar open between OPEN and EXTREME) gave me better results

I don't think you're wrong, though again I am speaking only from personal experience. I only used entries on the m15 for quite a while when I was starting to run HOLO. Sometimes if you have missed the first entry on m15 there will be a second chance but as the move progresses the likelihood is that price will cross the line for less and less time before it finally commits - so this can be when dropping to the m5 (or even m1 in extreme cases) can be useful.
  • #8,328
  • Oct 25, 2016 8:29am Oct 25, 2016 8:29am
Quoting lemercenaire
{quote}[/highlight] I don't think you're wrong, though again I am speaking only from personal experience. I only used entries on the m15 for quite a while when I was starting to run HOLO. Sometimes if you have missed the first entry on m15 there will be a second chance but as the move progresses the likelihood is that price will cross the line for less and less time before it finally commits - so this can be when dropping to the m5 (or even m1 in extreme cases) can be useful.
I agree, lower TF gave me more entries, but this is the score so far:
M15 entries: 6 | WINS: 6 | LOSSES: 0
M5 entries: 6 | WINS: 2 | LOSSES: 4

but as I said, the sample is still too small and it may be subjective, that I'm more comfortable with M15 and thus make better decisions
#noFomo
  • #8,329
  • Oct 25, 2016 8:31am Oct 25, 2016 8:31am
Quoting hrvoje
{quote} I agree, lower TF gave me more entries, but this is the score so far: M15 entries: 6 | WINS: 6 | LOSSES: 0 M5 entries: 6 | WINS: 2 | LOSSES: 4 but as I said, the sample is still too small and it may be subjective, that I'm more comfortable with M15 and thus make better decisions
Out of everything you've written, that is the most important part.
  • #8,330
  • Oct 25, 2016 8:38am Oct 25, 2016 8:38am
Challange trade #1
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there is always, always another trade!!
  • #8,331
  • Oct 25, 2016 8:48am Oct 25, 2016 8:48am
GBPAUD Oh C'mon...we've got to get a 1-2-3 out of this, surely?

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On the Daily, you can see the weekly pivot just below, ready to provide the bounce...maybe!!!

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  • #8,332
  • Oct 25, 2016 9:01am Oct 25, 2016 9:01am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,333
  • Oct 25, 2016 9:04am Oct 25, 2016 9:04am
Hammered it! Booyah baby! Once the trade is entered always leave with green pips!!
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  • #8,334
  • Oct 25, 2016 9:08am Oct 25, 2016 9:08am
Quoting wannalearn12
Hammered it! Booyah baby! Once the trade is entered always leave with green pips!! {image}
Lol - I just read that in a John Madden voice! Nicely done.
  • #8,335
  • Oct 25, 2016 9:18am Oct 25, 2016 9:18am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,336
  • Oct 25, 2016 9:18am Oct 25, 2016 9:18am
Quoting lemercenaire
{quote} Lol - I just read that in a John Madden voice! Nicely done.
That's hilarious lolol, that trade fixed me up for the day. Gonna go lay down now.

Unless UCAD gives another entry.
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  • #8,337
  • Oct 25, 2016 10:17am Oct 25, 2016 10:17am
Challenge trade #2
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there is always, always another trade!!
  • #8,338
  • Oct 25, 2016 10:25am Oct 25, 2016 10:25am
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Attached Image
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,339
  • Oct 25, 2016 11:10am Oct 25, 2016 11:10am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,340
  • Oct 25, 2016 11:48am Oct 25, 2016 11:48am
Hey everybody I'm trying to understand this system but i read it like 10 times can't figure it out , can you please check the photo and tell me if this is right entry . So we should enter on that red candle cause m15 opens between D1 high and H1 high ? thank you
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