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Highest Open / Lowest Open Trade

  • #10,341
  • Feb 6, 2017 10:40pm Feb 6, 2017 10:40pm
Quoting TooSlow
{quote} What does Rule #2 say?
Ha you need a hair trigger Oily order in advance
  • #10,342
  • Feb 6, 2017 11:14pm Feb 6, 2017 11:14pm
Quoting courier12
{quote} Hi Too Slow, What does the Red "X" in your charts refer to? Thank you,
I have been posting charts with the red Xs for months.
You are the first to inquire.
Pay no attention to them.
They would only distract you.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,343
  • Feb 7, 2017 12:43am Feb 7, 2017 12:43am
Quoting lemercenaire
{quote} Welcome, Oily. I am not going to answer your question directly - instead I have marked up your chart. I want you to take a look, then read the HOLO rules for entry again. Now answer your own question...Is this a correct entry? HOLOegforOily6thfeb17_Ink_LI.jpg;2175285 EDIT: Here's the second chart - same deal. 2ndegforOily_Ink_LI.jpg;2175297 {image} {image}
Maybe you should check ,thanks for the answer
Don't suppose it was worth mentioning any positives ?
like the fact I waited for retest of DL and bouncing off DS1
Maybe you should show some of your perfect entries.?
Regards Oily
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  • #10,344
  • Feb 7, 2017 3:01am Feb 7, 2017 3:01am
Quoting oily
{quote} Maybe you should check ,thanks for the answer Don't suppose it was worth mentioning any positives ? like the fact I waited for retest of DL and bouncing off DS1 Maybe you should show some of your perfect entries.? Regards Oily prices.jpg;2175689 price2.jpg;2175692 {image} {image}
You asked if it was the correct entry. The correct entry is at the new H1 Open level. Question answered.

We will point you in the direction you need to look to find your answer. People learn quicker if they do the work themselves rather than have it spoon-fed.

Whether you waited for retest of DL or whatever has no place in the HOLO rules. No need to get huffy.
  • #10,345
  • Feb 7, 2017 5:11am Feb 7, 2017 5:11am
Quoting TooSlow
{quote} I have been posting charts with the red Xs for months. You are the first to inquire. Pay no attention to them. They would only distract you.
Ok, thank you.

I tried to understand and work out where the Red "X"'s were placed, but could not come up with anything!
  • #10,346
  • Feb 7, 2017 8:53am Feb 7, 2017 8:53am
Trade #1 of challenge GBP/USD +35
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  • #10,347
  • Feb 7, 2017 9:03am Feb 7, 2017 9:03am
Quoting blade813
Trade #1 of challenge GBP/USD +35 {image}
Nice.
Next time, bag the pips and enter a second time for more pips.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,348
  • Feb 8, 2017 9:40am Feb 8, 2017 9:40am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,349
  • Feb 8, 2017 9:53am Feb 8, 2017 9:53am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,350
  • Feb 8, 2017 12:37pm Feb 8, 2017 12:37pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,351
  • Feb 8, 2017 3:15pm Feb 8, 2017 3:15pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,352
  • Feb 8, 2017 7:48pm Feb 8, 2017 7:48pm
Hello TooSlow and all of you guys.

I have several questions with example on images.

Attached Image (click to enlarge)
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-On AUDUSD, point 1 is a trigger to get ready to open position. and i open Buy Position on point 2. But the price is going down and hit my SL.


Attached Image (click to enlarge)
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-On EURUSD, point 1 is a trigger to get ready to open position. and i open Buy Position on point 2. But the price is going down and hit my SL.


Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.jpg Size: 94 KB

-On USDCHF, point 1 is a trigger to get ready to open position. and i open Sell Position on point 1. But the price is going up and hit my SL.

Whats happen with my trade ? Anything wrong ? just because Daily Breakout ?

Thanks
  • #10,353
  • Feb 8, 2017 8:35pm Feb 8, 2017 8:35pm
Quoting gelbear
Hello TooSlow and all of you guys. I have several questions with example on images. AUDUSD.jpg;2179296 -On AUDUSD, point 1 is a trigger to get ready to open position. and i open Buy Position on point 2. But the price is going down and hit my SL. EURUSD.jpg;2179298 -On EURUSD, point 1 is a trigger to get ready to open position. and i open Buy Position on point 2. But the price is going down and hit my SL. USDCHF.jpg;2179299 -On USDCHF, point 1 is a trigger to get ready to open position. and i open Sell Position on point 1. But the price is going...
The indicator warned you, didn't it?
And why are you trading multiple pairs as a HOLO NOVICE?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,354
  • Feb 8, 2017 8:39pm Feb 8, 2017 8:39pm
Quoting TooSlow
{quote} The indicator warned you, didn't it? And why are you trading multiple pairs as a HOLO NOVICE?
so whats should we do when indicator say "H1 High Breakout" ? Do not trade ?
  • #10,355
  • Feb 9, 2017 5:24am Feb 9, 2017 5:24am
Quoting gelbear
{quote} so whats should we do when indicator say "H1 High Breakout" ? Do not trade ?
As a learner, definitely not. Also, probably learn a bit more about this method, by reading a bit more of the thread and experimenting with tiny trades, or demo trades. Every trade is different, so you may find more experience will answer your questions.
Gone to a better place
  • #10,356
  • Feb 9, 2017 6:13am Feb 9, 2017 6:13am
Quoting gelbear
{quote} so whats should we do when indicator say "H1 High Breakout" ? Do not trade ?
What is RULE #0?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,357
  • Feb 9, 2017 6:14am Feb 9, 2017 6:14am
Quoting smikester
{quote} As a learner, definitely not. Also, probably learn a bit more about this method, by reading a bit more of the thread and experimenting with tiny trades, or demo trades. Every trade is different, so you may find more experience will answer your questions.
The only way to learn how and when to trade is by trading.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,358
  • Feb 9, 2017 6:16am Feb 9, 2017 6:16am
Quoting TooSlow
{quote} What is RULE #0?
Use Common sense ! Avoid Freight Trains.

What the meaning of freight trains ?
  • #10,359
  • Feb 9, 2017 6:33am Feb 9, 2017 6:33am
Quoting gelbear
{quote} Use Common sense ! Avoid Freight Trains. What the meaning of freight trains ?
freight train
noun
NORTH AMERICAN
a train for carrying goods rather than people.
"a collision between a passenger train and a freight train"

  1. used in reference to a phenomenon regarded as powerful and unstoppable.
    "people do not see the freight train of fiscal chaos coming"

When price is moving in one direction and keeps moving in that direction, we refer to it as a FREIGHT TRAIN. Entering reversal trades during this time usually results in losses. For our purposes, a freight train is a really big bar/candle. Use the H4 chart to spot freight trains.

http://www.forexfactory.com/showthre...41#post9219841

My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,360
  • Feb 9, 2017 6:41am Feb 9, 2017 6:41am
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