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Highest Open / Lowest Open Trade

  • #9,721
  • Jan 9, 2017 1:29am Jan 9, 2017 1:29am
Quoting pipfirst
I HAVE READ POST #1 AND THE EXAMPLE LINKS BUT I STILL HAVE A QUESTION Hi All, After read it and plot all the indicator and run the template. I try to follow price movement on M15 USD/CAD pair. Kindly advise if my understanding is correct ? {image}
For some reason I can't enlarge this image but from what I can see, it looks good, pipfirst.
  • #9,722
  • Jan 9, 2017 1:31am Jan 9, 2017 1:31am
Quoting frisco
Thanks Lemercenaire. The good ones have left us. Fortunately their music lives. Great article on staying calm. I was more or less recruited for the SEALS I think in 75 or 76 .At the time I was in training for In Flight Technician (IFT) aircrew on P-3 Orion sub hunters. My Division officer "nominated me. Mandatory meeting somewhere at PAX River NATC. Ist school would be "UDT" Underwater Demolition Team. , then SAR SEAR School, then SEAL. I get bad ear aches if I swim 10 feet underwater, so I bowed out after that first meeting. The other thought was...
"me playing with bombs...underwater''

Best summing up of SEAL activity ever, lol!
  • #9,723
  • Jan 9, 2017 1:34am Jan 9, 2017 1:34am
Quoting Santoso777
Hi... found signal on USDCAD {image}
The early bird caught a worm! Welcome aboard, Santoso777.
  • #9,724
  • Jan 9, 2017 2:00am Jan 9, 2017 2:00am
Quoting lemercenaire
{quote} The early bird caught a worm! Welcome aboard, Santoso777.
Hi lemercenaire.... still playing with HOLO, found signal buy on GU, today GBP is the weakness, why?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDmicroM5 signal GU.png Size: 41 KB
  • #9,725
  • Jan 9, 2017 2:19am Jan 9, 2017 2:19am
Quoting RondaRousey
TooSlow, I like simple methods that are profitable. I have read your ideas and MichaelG's visual with interest and initially thought it was your own ideas about trading. And thought this guys is good. I have not read every page as I get eye strain easily. To me this method works well in a ranging market but in a trending market trades are hard to find due to frequent breakouts. Problems are large spreads, slippage, news events. Regurgitation of someone else's trading ideas and bruce lee's philosophies, do you have anything original? “Don't...
There is nothing original in Forex, repeat, nothing. TooSlow has never made any claim of authorship of HOLO (I've used many variations of the HOLO concept over the last couple of decades). Even your argument isn't original, we've been down this road before. The answer, however, remains the same.

HOLO works, for those who commit the time and effort required to buy into the mindset needed. It truly is like a martial art - you need to empty your mind of all outside influences and trust the method.

Big spreads? Trade another pair.
Slippage? Find a better broker.
News events? Don't trade during news events.

To go down your screen-name's route of analogy, if you don't like jkd, try muay thai. If you like both, get in the cage.

Good luck in your next fight.
  • #9,726
  • Jan 9, 2017 2:28am Jan 9, 2017 2:28am
Quoting Santoso777
{quote} Hi lemercenaire.... still playing with HOLO, found signal buy on GU, today GBP is the weakness, why? {image}
Why is the pound weak? No doubt still Post-Brexit spending weakness of some sort.
Why is it buy this morning against the dollar? Check the H4 on Cable and see it's pulling back on a big short move.
The underlying reasons? It's a Monday morning - anything can happen, lol...
  • #9,727
  • Jan 9, 2017 2:31am Jan 9, 2017 2:31am
Quoting frisco
Pippy aka PTG uses M30. Sometimes I use M15. But until you have mastered HOLO DO NOT CHANGE ANYTHING!! This is one area of yourself you must master. Empty your mind. Leave the rest behind. Fill it with HOLO. HOLO is deceptively simple. You will most likely want to add something. RESIST THAT URGE!! Failure to do so will result in hindering your progress Please make clear TooSlow. When you say beginners use H1, Are you saying H1 and only H1? Does that mean no 15 minute combined with H1 for watching for monitoring the price[/highlight]...
No - only use H1 to fix your New Open Levels. Then go to the m15 etc.
Pippy uses m30 to fix his entry levels as a variant to base HOLO. Do not do this. Pippy has been in this game for a long, long, time.
  • #9,728
  • Jan 9, 2017 2:36am Jan 9, 2017 2:36am
Hi all.... let's make profit together, if you enjoy this system, please share your result.... thanks TooSlow and other, who help new member like me, to understand the system.... if you don't like, go to another strategies....

i missed this signal, on London Open, because warning breakout bar and missed M5 bar is already opened between Higher open and extreme
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADmicroM5 signal sebelum higher open.png Size: 46 KB
  • #9,729
  • Jan 9, 2017 2:37am Jan 9, 2017 2:37am
Spread was too big for me but it still came good...

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD.ecnM15toobigspreadbutgoodholo9thjan17.png Size: 34 KB
  • #9,730
  • Jan 9, 2017 2:52am Jan 9, 2017 2:52am
Heads-Up. It's a bit tight but still showing possibilities...

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.ecnH1headsupbuttight9thjan17.png Size: 40 KB
  • #9,731
  • Jan 9, 2017 3:25am Jan 9, 2017 3:25am
Attached Image (click to enlarge)
Click to Enlarge Name: eutrade1a.png Size: 29 KB

This is my first trade on the 10 trade challenge EU. I moved stop to BE+1 and now have moved on to 5 trailing stop, currently +14. Seems to be textbook.
  • #9,732
  • Jan 9, 2017 3:41am Jan 9, 2017 3:41am
Update: Stopped on my EU trade. +9.7, risk was -11. I place my trades on Oanda java platform, spread was 1.4.
  • #9,733
  • Jan 9, 2017 4:54am Jan 9, 2017 4:54am
Sorry for the mobile screen shot but not at my computer. Here is my 1st HOLO trade using M30 highest open. Hope it's right.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20170109-105208.png Size: 176 KB
Indentify > Plan > Accept > Execute
  • #9,734
  • Jan 9, 2017 4:55am Jan 9, 2017 4:55am
Quoting wizlon32
Sorry for the mobile screen shot but not at my computer. Here is my 1st HOLO trade using M30 highest open. Hope it's right. Screenshot_20170109-105208.png;2131472 {image}
Oops. Didn't notice that volume control thing (somehow). Sorry

It's EurGbp
Indentify > Plan > Accept > Execute
  • #9,735
  • Jan 9, 2017 5:14am Jan 9, 2017 5:14am
Quoting wizlon32
{quote} Oops. Didn't notice that volume control thing (somehow). Sorry It's EurGbp
Looks like you have a message wizlon32.
  • #9,736
  • Jan 9, 2017 5:17am Jan 9, 2017 5:17am
buy GBPUSD, 17 pips gain

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdM5.PNG Size: 37 KB
No more Fight, the victory has come...
  • #9,737
  • Jan 9, 2017 5:22am Jan 9, 2017 5:22am
Attached Image (click to enlarge)
Click to Enlarge Name: 1917eub.png Size: 26 KB

This would could have been trade 2 on my EU, or woulda, shouda. But I was fiddling around posting things over on 1-2-3, which reminded me to focus on one thing at a time. It looks like it just got to +5 barely and would have so BE+1, and looks like it would have stopped there. I was also cautious about it being below Friday's low, caution area. And then there is always Rule #5 to fall back on.
  • #9,738
  • Jan 9, 2017 7:35am Jan 9, 2017 7:35am
Waiting to get my second trade for the challenge... Maybe in the next hour my patience will pay back

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY+M5_waiting.png Size: 45 KB
  • #9,739
  • Jan 9, 2017 7:37am Jan 9, 2017 7:37am
Please, please, tell me someone got this one!

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.ecnM5asHOLOpleasetellmesm1gotit9thjan17.png Size: 31 KB
  • #9,740
  • Jan 9, 2017 7:54am Jan 9, 2017 7:54am
Interesting set-up. If it gets back up there, it may be worth a look - but I don't know if I entirely trust it...(well it does have CHF in it after all ).

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.ecnM15holoifitgetsback9thjan17.png Size: 41 KB
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