Highest Open / Lowest Open Trade

EG +4

first trade of the week.
took some time, new hour started, thus HO line moved, closed manually, as trade changed from original. ( approx +10 from new HO line).

as luck is, GBP pairs jump shortly after...in 5 min they might offer a new chance though, GJ, GU, GCad, all stand to make new HO lines...

Mindsets and Habits for Success in Sports

Success all comes down to mindset:

--How well you prepare.
--The intensity of your training.
--The manner you respond to adversity.
--Your ability to focus under pressure.
--How you deal with competing when you are tired.
--A multitude of other aspects that contribute to optimal performance.

What direction is your mindset leading you?

If you aren’t moving closer to your goals, maybe it’s time to take a closer look at your habits.

Villanova's Men’s basketball team is the defending NCAA national champion and every collegiate basketball team will seek to dethrone the Wildcats.

The Wildcats know the road to repeating as national champions will not be easy physically or mentally so the team has committed to forge positive habits.

“If you don’t bring it every night, if you don’t make it your habit, somebody’s going to get you,” is the motto Villanova basketball coach Jay Wright has been preaching to his team since pre-season.

And because it will not be easy come tournament time, Coach Wright decided to challenge his team early with a tight schedule just like it will be during March Madness.

Villanova played its first six games over a 15-day span, only two of those games were at the home and those home games were sandwiched around a trip to Purdue and three games in four days in the Charleston (S.C.) Classic.

If you want to perform well during the grind of the playoffs, then you should focus on developing that habit early in the season.

It's your mindset that will take over when you are weary or late in the season.

So if you do not pay attention to the mindsets about habits, consciously or unconsciously, then you may not achieve what you set out to accomplish early in the season.

Though the Wildcats are off to a 6-0 start, Coach Wright believes his team still needs to be more prepared mentally to deal with defending their title.

Wright knows there are no off nights, therefore the Wildcats need to bring their A-game each and every night. This tough early schedule may be mentally taxing but it is developing the positive mental habits needed as the schedule gets tougher throughout the season.

WRIGHT: “I think [playing so many games early] paid off well for us. I think we were prepared, but on the other hand I don’t know if we were mentally prepared for this many games back-to-back.”

Are you mentally prepared for your season?

Have you focused on developing the mindset you need to succeed?

If not, what are you waiting for... Let’s get going!

Tips for developing your success mindset:

First, what are the mindsets associated with successful athletes or teams including high intensity and energy, laser-sharp competitive focus, resilient in the face of adversity, strong work ethic and will to prepare, ability to close out games, etc?

Name 2-3 positive habits you need to develop. Create a plan on how you intend to work on these habits.

What's the plan to help you focus on these habits? How will you evaluate your progress?

Remember new mindsets don’t form overnight. In fact, recent research by a team at the University College London determined it takes about 66 days to create a habit.

If your goals are important, so too should be your habits and your mindset about habits.

- Dr. Patrick J. Cohn

GU SL-10
GJ TS+8
EU SL-13 ( no chart)

More than one pair?

yes.
it is not the 10 trade challenge since a while.
last week was the same. or before.
glad you pay attention to my posts, it has some points then.

dont get miscarried with the results, SL happens to ordinary traders, like me, so, it is all fine.
UJ would be working fine in hindsight, while EU failed.
these i cant predict, but open to learn from you how to, if there are suggestions.

Avoid freight trains.

3. EURUSD

helpful... almost...
if you kindly point out freight train on the chart, or least explain in context of the trade vs. the cartoon image, i probably will learn something.
( even though i do like cartoons, and that image).
thanks in advance.

GU BE+1, just barely touching the +1, then turning to continue the move lower.
such is trading. still a +1.

Large (H4) candles are freight trains.
Do not stand in front of them.

hm, arent bunch of higher H1 candle needed to reach a day's HO or opposite to reach day's lower open?
arent these H1 candles ultimately make up the H4 candle, that if you observe move on chart, inevitable will be larger candle.

given that HOLO is based on reversing, it is still bit unclear how to avoid trying for a reverse move on H1 candle.

appreciate your help, just what might be clear for some, unclear for me, from that explanation.

Yes.
Read the rules.
Follow the rules.
The rules account for what you stated.

GU looks great.

um, never mind.
the right word: frustration.
how i feel.
the rules? seriously?
did i disrespect you?
do you have to disrespect me like someone never post here before?

a new daily high will also happen to have a new H4 high too, just the same.
question was, how to pick which H4 candle/trading time to avoid.

if there is a good way to filter, please tell that.
non of my SL trades were against the rules, neither the rest.
i am almost sure you looked at them. ( or not).

Hi TooSlow,

Thank you for sharing this HOLO method. And thanks to all the contributors to this thread, I really enjoyed reading it.

I would like to take the 10 trade challenge and here is the first one:



I was stopped out with +5. Could be better cause I failed to manage the trade properly after moving SL to BE+5. Overall very happy that first one is a winner

Mate jump in front of freight train is what not to do. When does the train run out of coal? is the question... which does have an answer just think about it.

No disrespect intended.
Frustration?
Do not let your emotions control you.

Is the current H4 candle a large candle?
Do not stand in front of large candles.

Are you trading more than one pair?
More pairs may have more losses.

the losses part of the trading.
today -10 pip the running total on HOLO, being a monday and all, that is just fine with me.

what define a large H4 candle?
in a quiet day 30 pips is large.
in a busy day 60 pips seem to be bellow average.