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Highest Open / Lowest Open Trade

  • #11,441
  • May 30, 2017 1:22pm May 30, 2017 1:22pm
HOLO Set up on EUR/GBP............

Attached Image (click to enlarge)
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  • #11,442
  • May 30, 2017 1:31pm May 30, 2017 1:31pm
Quoting gabesz65
Hello everybody, I'm just wondering....I checked many 100's of ""trading"" pictures in this topic, and in the 1-2-3 topic, but almost nobody presents live trading examples apart from me. Are you afraid of something or what ? Are you trading at all ? Or just playing with virtual money on demo account ? I'm really interested what is the situation. Thanks G.
This has been answered by TS and others, including myself, many times through the thread - but one more time...

We are more about teaching a method and letting traders learn by their own work. Myself and others will post up set-ups that are coming and then it is up to the individual traders to do their own legwork. To go through their check-list and make their own decisions. As I am sure you will agree, it is so much more beneficial to learn by doing. As such, what then does it matter what others are doing dollar-wise? It will have no effect on any individual trader's results what myself or TS or Hal or whoever have done. There is no requirement that anyone post up charts one way or the other. If you wish to do so, do so. No one is stopping you.

As for myself, I run multiple methods across many screens through the day and place all my different trades with my live broker, so none of my charts carry live trade information.

That's the way it's done here and on 1-2-3. Take it or leave it.
  • #11,443
  • May 30, 2017 4:07pm May 30, 2017 4:07pm
Quoting gabesz65
Hello everybody, I'm just wondering....I checked many 100's of ""trading"" pictures in this topic, and in the 1-2-3 topic, but almost nobody presents live trading examples apart from me. Are you afraid of something or what ? Are you trading at all ? Or just playing with virtual money on demo account ? I'm really interested what is the situation. Thanks G.
If you check the time stamps on my charts, you will see a chart of the setup and usually one after the setup. Those show what happened.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,444
  • May 30, 2017 4:12pm May 30, 2017 4:12pm
Hi TooSlow...you are correct, its easy to see good trades after the fact.....a before and after screenshot is imperative to anyone's trading journal, not only for the good trades but also the bad trades....its a constant learning process
  • #11,445
  • May 30, 2017 9:47pm May 30, 2017 9:47pm
Quoting TooSlow
{image}
can u share indicator to change pair and tf
thanks
  • #11,446
  • May 31, 2017 12:22am May 31, 2017 12:22am
On the look for trade #3

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  • #11,447
  • May 31, 2017 1:01am May 31, 2017 1:01am
Got in and was stopped out for a 4.5 pip loss

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  • #11,448
  • May 31, 2017 1:25am May 31, 2017 1:25am
Re-entered and already on BE+1

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EDIT: Noticing i didn't move the new Lowest Open, but still winning
  • #11,449
  • May 31, 2017 1:39am May 31, 2017 1:39am
And that was trade #4, BE+1..

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....

Quoting TooSlow
{quote} If you want to learn HOLO, then use the tools supplied.
Greetings, after reading the first posts i thought there were no tools (indicators) and that it was better done manually (i would get more engaged)?? . Where can i find it exactly, or what does that mean? (feedback much appreciated).
  • #11,450
  • May 31, 2017 9:10am May 31, 2017 9:10am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,451
  • May 31, 2017 9:11am May 31, 2017 9:11am
Quoting Abade
And that was trade #4, BE+1.. {image} .... {quote} Greetings, after reading the first posts i thought there were no tools (indicators) and that it was better done manually (i would get more engaged)?? . Where can i find it exactly, or what does that mean? (feedback much appreciated).
Click on the attachments tab (paperclip icon upper right hand side)

Attached Image
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,452
  • May 31, 2017 9:12am May 31, 2017 9:12am
Quoting f3n_dy
{quote} can u share indicator to change pair and tf thanks
Look in the attachments of this thread.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,453
  • May 31, 2017 9:39am May 31, 2017 9:39am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow2.png Size: 58 KB


This is the AFTER chart.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,454
  • May 31, 2017 9:51am May 31, 2017 9:51am
Quoting TooSlow
{image} This is the AFTER chart.
I can see that you use M5 for your ENTRY of trades and I know that we are supposed to use the DAILY HIGH and DAILY LOW.....in your picture you just posted the Daily High was actually broke by the Current Candle that you entered on. If this was a 123 trade wouldnt this be considered a NON VALID entry since the current candle actually made a new HIGH. On my MT4 platform the current cadle high was 1.12422 and the previous candle HIGH was 1.12420.
  • #11,455
  • May 31, 2017 8:21pm May 31, 2017 8:21pm
Quoting TooSlow
{quote} Click on the attachments tab (paperclip icon upper right hand side) {image}

Thanks for the tip (using it right now)

Trade #5 Entered on M5 open

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A quick move down takes my SL, for a 2.6 pip loss.

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  • #11,456
  • Jun 1, 2017 12:09am Jun 1, 2017 12:09am
Trade #6 Entered at M1 Open:

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And closed for a +5 pip profit:

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How do i record the actual transit for the trade? It only shows a small red horizontal line where it exits
  • #11,457
  • Jun 1, 2017 8:56am Jun 1, 2017 8:56am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,458
  • Jun 1, 2017 9:25am Jun 1, 2017 9:25am
Attached Image (click to enlarge)
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AFTER
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,459
  • Jun 1, 2017 10:46am Jun 1, 2017 10:46am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow2.png Size: 50 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,460
  • Jun 1, 2017 10:46am Jun 1, 2017 10:46am
Trade #7 Setup on M5

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End result, BE+1

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