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Highest Open / Lowest Open Trade

  • #10,641
  • Mar 8, 2017 9:22am Mar 8, 2017 9:22am
Quoting lemercenaire
{quote} I ended up taking these as two 1-2-3 trades but in between those, the HOLO opportunities were there. Trade #1 showed up here. The intersection of the dotted lines is the New Higher Open... {image} There was a point where it looked good for a second entry but that H1 bar went on to BreakOut mode before any entry would have been possible, so no trade. Ignore the indicator's new info on the right hand side. {image} Then, as mentioned by DavidApol above, a new H1 candle is born post BreakOut candle and we have our legit second entry opportunity......
Had to go down to m5 for the entry but another tasty bite...
Attached Image (click to enlarge)
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  • #10,642
  • Mar 8, 2017 9:29am Mar 8, 2017 9:29am
Again?
Maybe another BO though...wait...wait...
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  • #10,643
  • Mar 8, 2017 9:32am Mar 8, 2017 9:32am
CAUTION - Crude Oil Inventories coming right about now...
  • #10,644
  • Mar 8, 2017 9:34am Mar 8, 2017 9:34am
Quoting lemercenaire
Again? Maybe another BO though...wait...wait... {image}
Oh well - into a BreakOut candle.
Attached Image (click to enlarge)
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  • #10,645
  • Mar 8, 2017 10:13am Mar 8, 2017 10:13am
got a -7 in USD/CAD, and open short position in UJ
Ariel
  • #10,646
  • Mar 8, 2017 1:15pm Mar 8, 2017 1:15pm
Quoting Arielfx01
got a -7 in USD/CAD, and open short position in UJ
USDCAD has been a runaway train all day.
  • #10,647
  • Mar 8, 2017 4:10pm Mar 8, 2017 4:10pm
When does the water get hot?

If you want a hot shower, you'll need to turn on the hot water a bit before you step inside. It can take a while for the hot water to rise up and clear the cold water from the pipes.

The thing is, though, that if you mistakenly turn the cold water tap instead, it'll never get hot. No matter how long you wait.

Sometimes, it takes us too long to realize that we shouldn't wait any longer and might consider checking if we turned on the wrong tap.

Nothing good comes from impatiently jumping from one approach to another, one grand scheme replaced by another. But persistently sticking with a plan that goes nowhere is almost as bad. The art of making a difference begins with thinking hard about when it's time to move on. The Dip is real, but there are dead ends everywhere.

Sometimes, the world is telling us it's time to leap.

- Seth Godin
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,648
  • Mar 8, 2017 5:45pm Mar 8, 2017 5:45pm
Potential here as both HOLO and / or 1-2-3 set-ups. Only caveat being the very shallow Areas of Interest...

Attached Image (click to enlarge)
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  • #10,649
  • Mar 9, 2017 12:13am Mar 9, 2017 12:13am
Looking at many of the threads reminds me of these:

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Attached Image
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,650
  • Mar 9, 2017 2:36am Mar 9, 2017 2:36am
Quoting TooSlow
Looking at many of the threads reminds me of these: {image} {image}
You been looking over the fence again?
  • #10,651
  • Mar 9, 2017 3:44am Mar 9, 2017 3:44am
I have tacked my 10 trade challange (in silence) i will post my results on PDF to don't pollute the thred with to much examples EUR/USD. You gona be surprized with my self talk after every trade
  • #10,652
  • Mar 9, 2017 3:47am Mar 9, 2017 3:47am
Quoting mizi123
I have tacked my 10 trade challange (in silence) i will post my results on PDF to don't pollute the thred with to much examples EUR/USD. You gona be surprized with my self talk after every trade
No pollution, buddy. I'm sure TS would say, post away (so long as you're using the template ).
Even just post as text, it's all good.
  • #10,653
  • Mar 9, 2017 3:47am Mar 9, 2017 3:47am
Hope everyone stays safe around this afternoon's news - be careful, guys.
  • #10,654
  • Mar 9, 2017 4:27am Mar 9, 2017 4:27am
lemercenair i hope understanding is OK
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  • #10,655
  • Mar 9, 2017 6:10am Mar 9, 2017 6:10am
Quoting mizi123
lemercenair i hope understanding is OK {image}
Yep, all good.

I'd consider sitting on my hands this afternoon if you are trading EU due to the news. Big-Bad-Red on both Euro and Greenback. Be safe!
  • #10,656
  • Mar 9, 2017 6:49am Mar 9, 2017 6:49am
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  • #10,657
  • Mar 9, 2017 8:02am Mar 9, 2017 8:02am
Quoting DavidApol
{image}
Or if you can't be safe, at least be good, lol. Nice catch.
  • #10,658
  • Mar 9, 2017 8:13am Mar 9, 2017 8:13am
A little push higher could give us an opportunity here...
Attached Image (click to enlarge)
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  • #10,659
  • Mar 9, 2017 8:18am Mar 9, 2017 8:18am
A part of whole-brain thinking includes learning to trust what Emerson called the blessed impulse, the hunch, the vision that shows you in a flash the right thing to do. Everyone has these visions; leaders learn to trust them.

I want to remind you here of something Norman Lear said regarding the profound influence that Emerson's Self-Reliance had on his growth as a leader: Emerson talks about listening to that inner voice and going with it, all voices to the contrary. I don't now when I started to understand that there was something divine about that inner voice I certainly didn't in high school, college, or even in young manhood but somewhere along the line, I appreciated that, too. How is it possible that as a writer I can go to bed a thousand times with a second act problem and wake up with the answer? Some inner voice. To go with that which I confess I don't do all the time is the purest, truest thing we have. And when we forgo our own thoughts and opinions, they end up coming back to us from the mouths of others. They come back with an alien majesty. . . . So the lesson is, you believe it. When I've been most effective, I've followed that inner voice.

Following the blessed impulse is, I think, basic to leadership. This is how guiding visions are made real.

Warren Bennis
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,660
  • Mar 9, 2017 8:21am Mar 9, 2017 8:21am
Quoting mizi123
I have tacked my 10 trade challange (in silence) i will post my results on PDF to don't pollute the thred with to much examples EUR/USD. You gona be surprized with my self talk after every trade
Please do not hesitate to post charts showing your HOLO trades.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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