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Highest Open / Lowest Open Trade

  • #9,961
  • Jan 16, 2017 11:11am Jan 16, 2017 11:11am
Quoting profitfarmer
{quote} i used a hint of sarcasm. know the rules. believe herewego too, from now.
Yeah, I got that
  • #9,962
  • Jan 16, 2017 12:35pm Jan 16, 2017 12:35pm
Hello traders,

Just started learning this method, thank you too slow for creating.

my first trade, i may not have followed the exact rule.

PA formed the 1st low, i drew the line and sold short after pa went through it. Took profit at the support line.
the second trade was a stop buy because i was asleep at that time. stop buy was placed right above the second low line. 35 pips total.
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  • #9,963
  • Jan 16, 2017 12:43pm Jan 16, 2017 12:43pm
Quoting awcharts
Hello traders, Just started learning this method, thank you too slow for creating. my first trade, i may not have followed the exact rule. PA formed the 1st low, i drew the line and sold short after pa went through it. Took profit at the support line. the second trade was a stop buy because i was asleep at that time. stop buy was placed right above the second low line. 35 pips total. {image}
Congrats on the +35 pips but this isn't HOLO.
  • #9,964
  • Jan 16, 2017 12:45pm Jan 16, 2017 12:45pm
First trade using this system. Moved SL from daily low to BE+1, BE+5, BE+10 and then to BE+15. Hope this is the correct method. System looks promising. I will test it more the coming weeks.

Earlern
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  • #9,965
  • Jan 16, 2017 12:55pm Jan 16, 2017 12:55pm
Quoting Earlern
First trade using this system. Moved SL from daily low to BE+1, BE+5, BE+10 and then to BE+15. Hope this is the correct method. System looks promising. I will test it more the coming weeks. Earlern {image}
Looked like an interesting entry How did the 5 minute look?
  • #9,966
  • Jan 16, 2017 1:11pm Jan 16, 2017 1:11pm
Quoting lemercenaire
{quote} Congrats on the +35 pips but this isn't HOLO.
A quick scribble:

Yellow squares are new lows (I'm assuming this is H1 tf - read it as if it is). These are your trigger ''lines in the sand''. You are looking to go long here, not short. You would enter long at the red boxes.

I have only done these first three and I hope it's shown you that you have this completely ass over elbow and that you need to go back and, guess what...read post #1 again.

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  • #9,967
  • Jan 16, 2017 1:19pm Jan 16, 2017 1:19pm
Quoting wannalearn12
{quote} Looked like an interesting entry How did the 5 minute look?
Nope, no worries - good entries on both m15 and m5 - nicely done.

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  • #9,968
  • Jan 16, 2017 1:20pm Jan 16, 2017 1:20pm
Quoting lemercenaire
{quote} Nope, no worries - good entries on both m15 and m5 - nicely done. AUDJPY.ecnM15ashologoodentry16thjan17.png;2142312 AUDJPY.ecnM5ashologoodentry16thjan17.png;2142314 {image} {image}
Solid! I didn't open up any worms today - Watched the market from open to now. Was pure ass. lol
  • #9,969
  • Jan 16, 2017 1:28pm Jan 16, 2017 1:28pm
Quoting wannalearn12
{quote} Solid! I didn't open up any worms today - Watched the market from open to now. Was pure ass. lol
i was not alone then!
there is always, always another trade!!
  • #9,970
  • Jan 16, 2017 2:13pm Jan 16, 2017 2:13pm
Quoting awcharts
Hello traders, Just started learning this method, thank you too slow for creating. my first trade, i may not have followed the exact rule. PA formed the 1st low, i drew the line and sold short after pa went through it. Took profit at the support line. the second trade was a stop buy because i was asleep at that time. stop buy was placed right above the second low line. 35 pips total. {image}
Empty your mind.
Then read POST #1.
Use the HOLO indicators and template provided.
Otherwise, you are demonstrating you do not want to learn HOLO.
You have demonstrated that you have failed to read POST #1.
Or fail to follow directions.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,971
  • Jan 16, 2017 3:04pm Jan 16, 2017 3:04pm
Quoting hal7
{quote} "Help Me Rhonda Yeah, get 'er out of this thread"
Help? Hmmm I heard "hep hep hep Rhonda"...Went for years..no decades mishearing them lyrics.
  • #9,972
  • Jan 16, 2017 4:31pm Jan 16, 2017 4:31pm
hi guys

is it better to trade with same lot (e.g. 0.1) or to calculate position size for each trade?
  • #9,973
  • Jan 16, 2017 4:45pm Jan 16, 2017 4:45pm
Quoting lemercenaire
{quote} Nope, no worries - good entries on both m15 and m5 - nicely done. AUDJPY.ecnM15ashologoodentry16thjan17.png;2142312 AUDJPY.ecnM5ashologoodentry16thjan17.png;2142314 {image} {image}
price is below yesterday low.
when price broke yesterday high/low, when we are doing 10 trade challenge, then this trade is valid or not?
  • #9,974
  • Jan 16, 2017 9:35pm Jan 16, 2017 9:35pm
This method is perfect for ranging currencies.
  • #9,975
  • Jan 16, 2017 10:25pm Jan 16, 2017 10:25pm
I just started learning this trading system. Can we trade only on first hour of opening of markets in which we are trading?
  • #9,976
  • Jan 16, 2017 10:45pm Jan 16, 2017 10:45pm
Like here on MCX, Lead opens at 10 IST. As per template i got chart like this. How i can trade based on this system?
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  • #9,977
  • Jan 16, 2017 10:52pm Jan 16, 2017 10:52pm
Should i wait for price to go down below H1[19] 151.35 and if price will come back above this level i should buy at 151.35 with day low as SL? Am i getting right? Senior members please rectify me if i am understanding wrong.
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  • #9,978
  • Jan 16, 2017 10:53pm Jan 16, 2017 10:53pm
Quoting Kammgcni
I just started learning this trading system. Can we trade only on first hour of opening of markets in which we are trading?
I dont think that's a valid setup as per Rule #1? Also trading only on the 1st hour will limit your profit. The system can be traded all throughout the day.
  • #9,979
  • Jan 16, 2017 11:04pm Jan 16, 2017 11:04pm
New traders, read POST #1.
If you have questions, read it again.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,980
  • Jan 17, 2017 1:34am Jan 17, 2017 1:34am
Entered long EURJPY at 120.771 with sl at day low....Am i doing right?
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