Highest Open / Lowest Open Trade

Hi Guys, anybody enlighten me about rule #3, whats this extreme stands for?

Waiting for long in silver

Yes, I'd assumed it was referring to the earlier long from the day's low. Having said that, looks like a lot of warnings re extreme lows are being ignored - dancing with the devil doing that. Plus, are you trading an H1 breakout? Make sure you are ticking all your rule boxes, guys.

Extreme as in the day's high or low, or yesterday's high or low.

Short the GJ currently +20.

There is a pattern which has come to my attention.
People who unsubscribe from me or my threads are likely to be Trader-Dale subscribers.
Guess the comments I posted there touched a nerve.
Nothing against Trader-Dale.
Only an observation.

How to Change Your Negative Attitude (When You Can't Change Anything Else)

Most of your stress comes from the way you respond, not the way life is. And when you adjust your attitude, all that extra stress is gone.

There is a real opportunity in every difficult situation to understand yourself more deeply, and also to improve your life.

I encourage you to reflect on recent situations where you’ve felt let down – where life’s outcomes were nowhere near as good as you expected. Rather than focusing on the uncontrollable things that were “done to you,” consider instead your part in what went down. For example, perhaps your gut told you not to do something, but you did so anyway. Or maybe you were deceived a second time by the same person, and wish you had let go of the relationship sooner. Or perhaps you just weren’t paying attention and ended up missing out on a great opportunity.

It’s so easy to be negative when things go wrong, or blame others for negative outcomes in your life. But do negativity and blame change anything for the better?

No!

Truth be told, the best time to be positive and take responsibility for your happiness is when you don’t feel like it. Because that’s when doing so can make the biggest difference.

No matter what the specifics of your troubled times are, taking a moment to look inward at what you could have done differently and how you could potentially avoid similar situations in the future can be a healthy exercise. This is not to blame yourself or shame yourself, but simply to give you the opportunity to learn, on a higher level, from your experiences.

It’s about learning to choose the most effective response in a difficult, uncontrollable life situation.

It’s about learning to think better so you can ultimately live better, no matter what.

The key is to realize that no matter what happens, you can choose your attitude and inner dialog, which dictates pretty much everything that happens next. Truly, the greatest weapon against stress is our ability to choose one thought over another – to train our minds to see the good in what we’ve got, even when it’s far less than we expected.

It’s about choosing: Will I allow this to upset me? Will I choose to make this bad or good? Will I choose to stay or walk away? Will I choose to yell or whisper? Will I choose to react or take the time to respond?

You CAN always choose an attitude that moves you forward. And doing so will help you change things from the inside out, and ultimately allow you to grow beyond the struggles you can’t control.

Here's one powerful question that will support you with a positive attitude adjustment when you need it most:

Who would you be, and what else would you see, if you removed the thought that’s worrying you?

Think about it...

Identify a specific thought that’s been troubling your worried mind lately, and then visualize how your life would be different if you removed this thought:

1. How would it change your outlook on your present life situation?
2. What other possibilities would you see?
3. How would you feel?
4. How would you behave?
5. What else would you be able to accomplish with this shift in your focus?

And of course, if you're struggling with any of this, know that you are not alone. Many of us are right there with you, working hard to feel better, think more clearly, and get our lives back on track.

- Angel Chernoff

How to be heard

Do your homework.
Show up with contributions and connections long before you bring your opinion.
Save the snark for later.
Pay your dues.
Speak up about shared truths, shared principles and shared goals.
Don't blame the ref only when the call is against you.
Reflect back what you believe the other person is trying to say before you disagree with it.
If you want to persuade on the merits, avoid joining the threatening mob.
Convert six people before you try to convert sixty.
Tell true stories.

- Seth Godin

How to Find Major Causes of an Athlete's Discord

“How do you identify major causes of an athlete’s discord and where to start in peeling back the layers? How do you know when you've "drilled down" and got to the real issues?”

Part of the fun of doing mental coaching with athletes is when you become an investigator—what we call the discovery phase of mental coaching.

But every athlete is different when you examine the underlying issues that prevent peak performance.

I teach a process called “drilling down” in the MGCP course, which helps you get more details from your athletes that an assessment might not reveal.

Here, you ask relevant questions to help you athlete identify the real challenges they face.

I call this the underlying issue.

For example, lack of focus might be due to frustration, but frustration might come from not meeting high expectations. And the athlete might be afraid to not reach a coach's or team’s expectations.

In my work, I find that most underlying issues revolve around fear of failure. And I see two categories of fear of failure:

1. Fear of failure based on social approval issues.
2. Fear of failure based on wanting badly for hard work and sacrifice to pay off.

When Bob Rotella was my mentor at UVA in the late 80s, he didn’t care what the real issue was when working with athletes. His philosophy was: “just do this” to improve mental toughness.

But I think it’s important for athletes to understand why they choke, get tight, get frustrated, or tank in competition.

- Dr. Patrick J. Cohn

Hi TooSlow. I am reading this thread and started with a challenge on USDJPY. I was also watching this UJ short setup (creating new HH 115.607). Was it a valid trade when I consider rule no. 1? There was H1 breakout bar. Could I wait until price drops at highest open and then open short trade (within the same H1 breakout bar)? Hope you got my thoughts. Thanks for reply.

PLEASE READ POST #1 and follow the instructions for posting.

You've answered your own question.

When you are running the 10-Trade Challenge, stick totally to the rules. Once you have completed your run - successfully - and feel more comfortable with the method, then you can start to consider bending those rules, not before. If in doubt, you know what to do of course...yep, Read Post #1.

Hello guys. When trade is BE+5, which would you say has been more profitable - moving stops manually in +5 increments or the via trailing stop in MT4? I can enter trades correctly but I figure the exit is more important. Any particular exit tips? Thanks!

You figure incorrectly.
Both are important.

Moving stop vs trailing stops.
Depends on the variables and how the market moves.
Maybe a google search will result in finding the optimum.

Or even - I dunno - reading the thread, where this has been discussed many times, eh, TS?! Just a thought...

Ok, got it. Thanks Lemercenaire.

My query is that if H1 Low made earlier and price will make day low after that....then we will buy if price from below to H1 Low....like in this copper chart......please guide....

When HiLo is ranging on a pair it looks like you can bang out a few pips in both directions.

Thought about this after I replied last night.

How about this?

If you have the entries nailed, why not run a comparison test using both exit techniques and let us know your findings? (Both in terms of the numbers but also, just as importantly, the psychological weight of each method).

Kills two birds with one stone, answers your question for you and contributes to the thread while helping out the other HOLO traders.

Win-Win.