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Highest Open / Lowest Open Trade

  • #9,041
  • Nov 28, 2016 4:05am Nov 28, 2016 4:05am
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Off and running on a Monday. I got in this usually sleepy CHF about a half hour into London. I took most off at +5. Letting the rest run and currently up around +56.
  • #9,042
  • Nov 28, 2016 4:49am Nov 28, 2016 4:49am
Up really late UK time watching a phenomenal Grey Cup game, so no idea what's going on out there in HOLO-Land! (Nice catch Hal7)...However this Cable may be something coming. A good deep push down on the H4 tf gives us the potential for a bounce. We are in a BreakOut situation and it is just before the US Open and I am sleep-deprived, lol...so all things to bear in mind...however worth keeping an eye on.

GBPUSD

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  • #9,043
  • Nov 28, 2016 4:56am Nov 28, 2016 4:56am
Quoting Menle
{quote} 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...
Hi Menle. You are very welcome. I am glad that this has helped to open up the world of HOLO to you. Taking what can seem like a very complex procedure down to its absolute basics often shines a very bright light into the darkness.

I hope you stick with us here. We don't do spoon-feeding, however we do try and help those who want to learn to achieve their goals. That way we can all move forward together.
  • #9,044
  • Nov 28, 2016 5:05am Nov 28, 2016 5:05am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,045
  • Nov 28, 2016 5:06am Nov 28, 2016 5:06am
Thinking of Menle's post above, it may be a good time to mention to newcomers (to trading, not just HOLO), that now is a good time to practice, however please be cautious going live in too big a way, as the markets are closing down for the holidays over the next few weeks. This means that price behaviour can be skewed and not give a true sense of how a method like HOLO - or any method for that matter - will actually perform once things get up to full speed again.

HOLO will still work, price does what price does, however moves may be less aggressive - or conversely, more, aggressive and with no warning as to which option is coming.

Just something to bear in mind.
  • #9,046
  • Nov 28, 2016 5:09am Nov 28, 2016 5:09am
Quoting TooSlow
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...
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.

Never heard that one before - interesting.
  • #9,047
  • Nov 28, 2016 5:10am Nov 28, 2016 5:10am
Quoting lemercenaire
{quote} Hi Menle. You are very welcome. I am glad that this has helped to open up the world of HOLO to you. Taking what can seem like a very complex procedure down to its absolute basics often shines a very bright light into the darkness. I hope you stick with us here. We don't do spoon-feeding, however we do try and help those who want to learn to achieve their goals. That way we can all move forward together.
HOLO is simple.
Nothing complex at all.
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,048
  • Nov 28, 2016 5:14am Nov 28, 2016 5:14am
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Rule #1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,049
  • Nov 28, 2016 5:15am Nov 28, 2016 5:15am
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Rule #1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,050
  • Nov 28, 2016 5:16am Nov 28, 2016 5:16am
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Rule #0
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,051
  • Nov 28, 2016 5:25am Nov 28, 2016 5:25am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,052
  • Nov 28, 2016 5:38am Nov 28, 2016 5:38am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,053
  • Nov 28, 2016 5:55am Nov 28, 2016 5:55am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,054
  • Nov 28, 2016 6:04am Nov 28, 2016 6:04am
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RULE #1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,055
  • Nov 28, 2016 6:12am Nov 28, 2016 6:12am
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Rule #3
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,056
  • Nov 28, 2016 7:03am Nov 28, 2016 7:03am
Quoting lemercenaire
Up really late UK time watching a phenomenal Grey Cup game, so no idea what's going on out there in HOLO-Land! (Nice catch Hal7)...However this Cable may be something coming. A good deep push down on the H4 tf gives us the potential for a bounce. We are in a BreakOut situation and it is just before the US Open and I am sleep-deprived, lol...so all things to bear in mind...however worth keeping an eye on. GBPUSD {image}
Came good as a HOLO trade if you were willing to go down to the M1 for an entry...

GBPUSD
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M1
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  • #9,057
  • Nov 28, 2016 7:15am Nov 28, 2016 7:15am
Quoting TooSlow
{quote} HOLO is simple. Nothing complex at all. {image}
Indeed - I was talking about trading in general.

One might say that HOLO itself acts as a light shining into that darkness, as no doubt its strength comes from its simplicity.
  • #9,058
  • Nov 28, 2016 7:25am Nov 28, 2016 7:25am
Boom shaka laka. Yes baby please.
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  • #9,059
  • Nov 28, 2016 7:37am Nov 28, 2016 7:37am
GBPCAD Similar profile to Cable earlier...Not as good a time of day though...dunno tbh...

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  • #9,060
  • Nov 28, 2016 7:51am Nov 28, 2016 7:51am
Quoting lemercenaire
GBPCAD Similar profile to Cable earlier...Not as good a time of day though...dunno tbh... {image}
But did you nail the Too Slow special? It went for 30 baha... I only wanted 8 though.
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