Every set-up you come across, go through your check-list.
I would also suggest that you drag your candles leftwards on your screen a little to keep them clear of the text on the right, as it would be a lot easier to see what's going on.
2
Highest Open / Lowest Open Trade
- #10,683
- Mar 9, 2017 11:54pm Mar 9, 2017 11:54pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Im in these pulled triger just a little beat early but she is going in my way{image}
- #10,684
- Mar 10, 2017 12:01am Mar 10, 2017 12:01am
{quote} Perfect conditions (for me) would be a new high and low set inside a moderate day range, price drifting West-to-East, with not too deep a gap (Area of Interest) between the extremes and the new H / L levels. I want just enough for price to breathe but not too far away that stops would be too large. I'd also want a reasonable area between the upper and lower entry zones. (I can hear you now, asking how long is a bit of string?) I'll keep my eyes open for an example for you.
- #10,685
- Mar 10, 2017 12:28am Mar 10, 2017 12:28am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Perhaps the JPY has run out of steam at last...
- #10,686
- Mar 10, 2017 12:37am Mar 10, 2017 12:37am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} That definitely makes sense. Thank you for patiently answering all my queries.
Anyway, here's a (pretty) good eg for you. I'd have preferred a deeper Area of Interest at the top but it'll give you an idea.
- #10,687
- Mar 10, 2017 3:34am Mar 10, 2017 3:34am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Keeping in mind all that red coming this afternoon for USD (and CAD, don't forget CAD), you'd think GU would bring something for us later...
- #10,689
- Mar 11, 2017 9:28am Mar 11, 2017 9:28am
- Joined Mar 2012 | Status: Trader | 14,388 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #10,693
- Mar 12, 2017 12:18pm Mar 12, 2017 12:18pm
- Joined Mar 2012 | Status: Trader | 14,388 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #10,694
- Mar 12, 2017 12:19pm Mar 12, 2017 12:19pm
- Joined Mar 2012 | Status: Trader | 14,388 Posts
{image} hi. i am on right way? ...or wrong? just very goog strategy i've ever meet. thanx too much tooslow!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #10,695
- Mar 12, 2017 9:16pm Mar 12, 2017 9:16pm
Hi TooSlow & fellow HOLO Traders
I've been reading this thread for the last couple of weeks, so thought it was time to say 'Hello' and say thank you to TooSlow for revealing this trading method and for you time and support.
I think I've understood the concept of HOLO. I had a go at trading HOLO last week and I was a little amazed at the results. Hopefully, it was not just beginners luck. So, this week I shall take the 10 Trade challenge trading only one pair and I'll post my trades as I take them.
I just had one question for now. I live in Asia, so I can trade the Asian, London and first half of NY session if I have to. I understand that I should only trade pairs that are relevant to their session, but I am not quite sure if this method can be traded during the Asian session. I've looked at the charts during the beginning of the Asian session and mostly range between the high and low of the day is small, because we are at the start of the day. I've seen some say that HOLO does work during the Asian session, but I've also read a comment by TooSlow, saying that during the Asian session we should be trading away from the open, looking for breakouts, not reversals. Does this imply that we should be using another method and not using HOLO or am I misunderstanding something?
I've been reading this thread for the last couple of weeks, so thought it was time to say 'Hello' and say thank you to TooSlow for revealing this trading method and for you time and support.
I think I've understood the concept of HOLO. I had a go at trading HOLO last week and I was a little amazed at the results. Hopefully, it was not just beginners luck. So, this week I shall take the 10 Trade challenge trading only one pair and I'll post my trades as I take them.
I just had one question for now. I live in Asia, so I can trade the Asian, London and first half of NY session if I have to. I understand that I should only trade pairs that are relevant to their session, but I am not quite sure if this method can be traded during the Asian session. I've looked at the charts during the beginning of the Asian session and mostly range between the high and low of the day is small, because we are at the start of the day. I've seen some say that HOLO does work during the Asian session, but I've also read a comment by TooSlow, saying that during the Asian session we should be trading away from the open, looking for breakouts, not reversals. Does this imply that we should be using another method and not using HOLO or am I misunderstanding something?
- #10,696
- Mar 12, 2017 9:41pm Mar 12, 2017 9:41pm
- Joined Mar 2012 | Status: Trader | 14,388 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #10,697
- Mar 13, 2017 1:42am Mar 13, 2017 1:42am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Might turn out to be a better 1-2-3 but one to watch anyway...
- #10,699
- Mar 13, 2017 2:08am Mar 13, 2017 2:08am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
This is a great-looking set-up for potential HOLO trades today...
- #10,700
- Mar 13, 2017 4:55am Mar 13, 2017 4:55am
- Joined Mar 2012 | Status: Trader | 14,388 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade