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Highest Open / Lowest Open Trade

  • #9,141
  • Dec 2, 2016 10:11am Dec 2, 2016 10:11am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,142
  • Dec 2, 2016 11:05am Dec 2, 2016 11:05am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,143
  • Dec 2, 2016 12:17pm Dec 2, 2016 12:17pm
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What's the hardest part of HOLO?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,144
  • Dec 2, 2016 12:36pm Dec 2, 2016 12:36pm
Quoting TooSlow
{image} {image} {image} What's the hardest part of HOLO?
Depends. Waiting. Following the rules. XD
  • #9,145
  • Dec 2, 2016 6:04pm Dec 2, 2016 6:04pm
after six trades on a single pair, it appears that waiting is the hardest part of HOLO, but, it makes sens, we wait the market to come where we want it to be.
No more Fight, the victory has come...
  • #9,146
  • Dec 2, 2016 6:30pm Dec 2, 2016 6:30pm
Well done to those paying attention!

Inserted Video
  • #9,147
  • Dec 3, 2016 7:07am Dec 3, 2016 7:07am
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Thank you for all TooSlow. Is this a valid trade? -12.1 loss. I am trying to learn.
  • #9,148
  • Dec 3, 2016 7:47am Dec 3, 2016 7:47am
[quote=TooSlow;9 What's the hardest part of HOLO?[/quote]

Maybe not the hardest part but offsetting losses with BE+1 profits. But I am still a work in progress and see some ways around it possibly.
  • #9,149
  • Dec 3, 2016 8:01am Dec 3, 2016 8:01am
Quoting Paqe
{image} Thank you for all TooSlow. Is this a valid trade? -12.1 loss. I am trying to learn.
What is Rule #2?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,150
  • Dec 3, 2016 10:18am Dec 3, 2016 10:18am
Quoting TooSlow
{quote} What is Rule #2?
I'll jump in here before TooSlow comes on and slaps you about the head...

Every chart posted above by TooSlow: Right-hand corner.

Hand on heart - you really haven't read the thread, have you, eh?

How's about this for a plan...It's the weekend. You have plenty of time to go back and do your required reading. Start again Monday, prepared and ready to go. Cheers.
  • #9,151
  • Dec 3, 2016 10:44am Dec 3, 2016 10:44am
Quoting TooSlow
{quote} What is Rule #2?
Sorry, i can't speak English very well but i try. I read post 1 carefully. And post 1235 and 2714, MichaelG's post. But i think that it's difficult to understand without testing. The rule 2 is that no late entry, not evet 1 pip. Is it late entry?

I really want to learn this strategy. I will continue to read again from the beginning. In the meantime I apologize for the inconvenience.
@lemercenaire, thank you for your message.
  • #9,152
  • Dec 3, 2016 11:42am Dec 3, 2016 11:42am
Quoting Paqe
{quote} Sorry, i can't speak English very well but i try. I read post 1 carefully. And post 1235 and 2714, MichaelG's post. But i think that it's difficult to understand without testing. The rule 2 is that no late entry, not evet 1 pip. Is it late entry? I really want to learn this strategy. I will continue to read again from the beginning. In the meantime I apologize for the inconvenience. @lemercenaire, thank you for your message.
Post #1 word for word has exactly all of the rules. When first starting obey them exactly, without hesitation. Take the challenge.
  • #9,153
  • Dec 3, 2016 1:22pm Dec 3, 2016 1:22pm
[quote=Paqe;9313250]{quote} Sorry, i can't speak English very well but i try. I read post 1 carefully. And post 1235 and 2714, MichaelG's post. But i think that it's difficult to understand without testing. The rule 2 is that no late entry, not evet 1 pip. Is it late entry? I really want to learn this strategy. I will continue to read again from the beginning. In the meantime I apologize for the inconvenience. @lemercenaire, thank you for your message.[/quote

No need to apologize. Yes, Rule #2 is no late entry. Not even 1 pip.

You enter as soon as price crosses the new Higher H1 Open or new Lower H1 Open, assuming that you are not in a BreakOut candle. No sooner, no later.
  • #9,154
  • Edited 5:13pm Dec 3, 2016 1:39pm | Edited 5:13pm
Quoting lemercenaire
Quoting Paqe
{quote} Sorry, i can't speak English very well but i try. I read post 1 carefully. And post 1235 and 2714, MichaelG's post. But i think that it's difficult to understand without testing. The rule 2 is that no late entry, not evet 1 pip. Is it late entry? I really want to learn this strategy. I will continue to read again from the beginning. In the meantime I apologize for the inconvenience. @lemercenaire, thank you for your message.[/quote No need to apologize. Yes, Rule #2 is no late entry. Not even 1 pip. You enter as soon
...
Thank you for message. But in my example that i have "highest H1 open" at 81.120 And this losing trade was opened at 81.117. I think that I understand the examples in message 2714, but I could not find the wrong thing in this example NZDJPY.

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Add: Post 140: "no entry before it made a new high for the day." Should I wait before trade for new high this example NZDJPY?
  • #9,155
  • Dec 3, 2016 6:37pm Dec 3, 2016 6:37pm
Quoting Paqe
{quote}{quote} Thank you for message. But in my example that i have "highest H1 open" at 81.120 And this losing trade was opened at 81.117. I think that I understand the examples in message 2714, but I could not find the wrong thing in this example NZDJPY. {image} Add: Post 140: "no entry before it made a new high for the day." Should I wait before trade for new high this example NZDJPY?
If the Highest H1 Open was 81.120, then the trade should be opened at 81.120...
  • #9,156
  • Dec 4, 2016 9:13am Dec 4, 2016 9:13am
Quoting lemercenaire
{quote} If the Highest H1 Open was 81.120, then the trade should be opened at 81.120...
Post 142, by TooSlow:
Use market orders on MT4.
Wait for open price to appear.
Have to be patient and let price come to you.

I don't think we can trade at the H1 opening price by pressing the buy or sell button. In this example there is only a slip of 0.3 pip. If this trade has lost its role in the loss of 0.3, then I should repeat it again. As far as I know, this trade has been lost, that's all. It's not possible for us all to win.
  • #9,157
  • Dec 4, 2016 3:13pm Dec 4, 2016 3:13pm
Quoting Paqe
{quote} Post 142, by TooSlow: Use market orders on MT4. Wait for open price to appear. Have to be patient and let price come to you. I don't think we can trade at the H1 opening price by pressing the buy or sell button. In this example there is only a slip of 0.3 pip. If this trade has lost its role in the loss of 0.3, then I should repeat it again. As far as I know, this trade has been lost, that's all. It's not possible for us all to win.
Use Stop Orders.
  • #9,158
  • Dec 4, 2016 4:58pm Dec 4, 2016 4:58pm
Well, well, well...what have we here? Italian election bumpff?

EURJPY
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  • #9,159
  • Dec 4, 2016 5:54pm Dec 4, 2016 5:54pm
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FILL THAT OPEN GAP!!
Waiting...
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,160
  • Dec 4, 2016 6:06pm Dec 4, 2016 6:06pm
Quoting TooSlow
{image} FILL THAT OPEN GAP!! Waiting...
Took it as a 1-2-3, posted over in the other yard. That'll do me nicely for tonight.
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