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Highest Open / Lowest Open Trade

  • #9,021
  • Nov 25, 2016 2:41pm Nov 25, 2016 2:41pm
Quoting TooSlow
{quote} {image}
Comes in handy, eh ?
It takes courage to grow up and become who you really are - E.E. Cummings
  • #9,022
  • Nov 25, 2016 2:48pm Nov 25, 2016 2:48pm
Quoting AntiCre
I have expected to see something like "this idea originated by ..." or "I have developed ...".
Or even something like ''Please understand none of this is original or new...'' Oh, wait...
  • #9,023
  • Nov 25, 2016 2:58pm Nov 25, 2016 2:58pm
Quoting lemercenaire
{quote} Or even something like ''Please understand none of this is original or new...'' Oh, wait...
Turkey alert. Gobble. Might need billy the turkey exterminater.
  • #9,024
  • Nov 25, 2016 3:18pm Nov 25, 2016 3:18pm
Quoting wannalearn12
{quote} Turkey alert. Gobble. Might need billy the turkey exterminater.
Lol - Isn't Billy trying to give up turkey?!
  • #9,025
  • Nov 25, 2016 3:25pm Nov 25, 2016 3:25pm
Quoting lemercenaire
{quote} Lol - Isn't Billy trying to give up turkey?!
Brussels is, that much I know.

Attached Image
It takes courage to grow up and become who you really are - E.E. Cummings
  • #9,026
  • Edited 5:54pm Nov 25, 2016 5:30pm | Edited 5:54pm
The numbers mean after the time frame such as D1 [01] or H1[163] mean how many bars came after the one, correct? Whats the difference between D1[01] and D1[1]?
Attached Image
  • #9,027
  • Nov 25, 2016 7:05pm Nov 25, 2016 7:05pm
Quoting TrueStoryfx
The numbers mean after the time frame such as D1 [01] or H1[163] mean how many bars came after the one, correct? Whats the difference between D1[01] and D1[1]? {image}
Hi TrueStoryfx. Those numbers refer to the candles. ...examples. D1(0) = the current Daily candle. D1(1) refers to the previous days candle. H1(12) Lower Open 14.5 refers to the Hourly Lower Open occurred 12 candles prior to the current H1 candle(0)......and that the price level is 14.5 pips away from the current Daily Low price.
I hope that helps. Please let me know if it is not clear and I will try to be clearer. Cheers Michael.
  • #9,028
  • Nov 25, 2016 8:59pm Nov 25, 2016 8:59pm
Quoting MichaelG
{quote} Hi TrueStoryfx. Those numbers refer to the candles. ...examples. D1(0) = the current Daily candle. D1(1) refers to the previous days candle. H1(12) Lower Open 14.5 refers to the Hourly Lower Open occurred 12 candles prior to the current H1 candle(0)......and that the price level is 14.5 pips away from the current Daily Low price. I hope that helps. Please let me know if it is not clear and I will try to be clearer. Cheers Michael.
Thank you MichaelG.
  • #9,029
  • Nov 25, 2016 9:02pm Nov 25, 2016 9:02pm
Quoting USATrader007
Private mail I received from TS...REALLY ?? TooSlow How goes it?How goes it? Nov 23, 2016 Nov 23, 2016 9:54am Reply Forward Cleanup Unread Trash PLEASE STAY ON TOPIC IN MY THREADS or I will have to put you on ignore. Use PMs for side chatter or start your own thread. Thank you for your cooperation. Cheers!
Guess they don't understand private.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,030
  • Nov 25, 2016 9:12pm Nov 25, 2016 9:12pm
Quoting TooSlow
{quote} Guess they don't understand private.
Best reply I read all day.
  • #9,031
  • Nov 25, 2016 10:21pm Nov 25, 2016 10:21pm
Quoting TooSlow
{quote} Guess they don't understand private.
Well I've been carving a wooden stick, oblong in shape, hearty four pounds. Real mastereork, I'll send it over.

Edit * it's a tree limb.

double edit * I mean a Lem. Just a Lem in box. Should work.
  • #9,032
  • Nov 25, 2016 10:49pm Nov 25, 2016 10:49pm
HOLO means highest open/lowest open. I got it now
  • #9,033
  • Nov 26, 2016 12:54am Nov 26, 2016 12:54am
Quoting lemercenaire
{quote} Or even something like ''Please understand none of this is original or new...'' Oh, wait...
Tell me what ever is original and new in trading ...
  • #9,034
  • Nov 26, 2016 1:11am Nov 26, 2016 1:11am
Quoting AntiCre
{quote} Tell me what ever is original and new in trading ...
so you found your answer.
great.
can you move on?
we can!
there is always, always another trade!!
  • #9,035
  • Nov 26, 2016 5:02am Nov 26, 2016 5:02am
Quoting profitfarmer
{quote} so you found your answer. great. can you move on? we can!
Yes, we have moved on. AntiCre made the ignore list.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,036
  • Nov 27, 2016 8:53am Nov 27, 2016 8:53am
Hobson's choice, Occam's razor, Wheeler's which and the way we decide

Hobson's choice is no choice at all. Take what's offered, or walk away.

Occam's razor is a rule of thumb: the simplest explanation is often the best one.

Wheeler's which teaches us that the answer to "one egg or two?" is usually 'one', while the answer to, "do you want an egg?" is usually zero.

Occam, Hobson and Wheeler were all scholars of something humans are fabulously bad at: deciding among multiple options.

Getting good at this is a skill, something we can do better if we choose to. That might be the first decision.

- Seth Godin
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,037
  • Nov 27, 2016 8:54am Nov 27, 2016 8:54am
Who is taking the 10 trade challenge the week of November 27, 2016?

During the challenge you are only to trade the same pair.
Beginners do not get to trade multiple pairs until they have mastered trading one single pair.
GREEN PIPS TO ALL.
Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,038
  • Nov 27, 2016 9:17am Nov 27, 2016 9:17am
4 Psychological Reasons You Aren’t Attracting Success Into Your Life
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,039
  • Nov 27, 2016 10:55am Nov 27, 2016 10:55am
Gosh -that took several seconds to find:

Extract From POST 1 :

Please understand none of this is original or new and this is presented for EDUCATIONAL PURPOSES ONLY. You may find your results may differ. Please check with an accredited financial specialist before using real money. FOREX trading can be risky. YOU HAVE BEEN WARNED!
every Saint has a past. Every Sinner has a Future
  • #9,040
  • Nov 28, 2016 12:25am Nov 28, 2016 12:25am
Quoting lemercenaire
{quote} You're welcome. I cannot recommend highly enough the document attached from MichaelG. Reading this again and again in your down time, alongside the HOLO rules, will immerse you in the method. As I said earlier also, take the time to learn HOLO on the bare indicator. I posted very early on after joining TooSlow here, that I first learned the method by running a ''naked'' H1 chart and two lines, simply watching how price moved up and down over those lines. By having to move these new H and L lines as they formed, it planted the guts of the...
Hi lemercenaire,
I have found MichaelG presentation, a priceless piece of info that I'm now absorbing in conjunction with Rule 1.
I have done as you suggested, running a naked H1 chart with just 2 simple lines. This is just like TooSlow said "dancing with the trade",
It's totally fascinating to watch on the bar chart as they form. I thank you for that valuable, effective information that you passed on to me.
Yes, now I see everything more clearly.
These are nuggets that only masters with great passion for the game are willing to share having been in similar situations before.
Regards and blessings
Menle
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