HOLO - Highest Open / Lowest Open Trade

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LeMercenaire
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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Mon Jun 11, 2018 7:15 pm

brettnchrism wrote:Just wondering TRO must have a dashboard that shows the pairs that have made a new high? Im only using one screen now so would be nice just to look at a dash board to scan possible trades.


I'm pretty sure there is one. Or one that can be modded to do the job.

If not, I vaguely remember being offered one from someone else. I don't use it, or any other, however I must have the details somewhere.

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Re: HOLO - Highest Open / Lowest Open Trade

Postby brettnchrism » Mon Jun 11, 2018 7:36 pm

LeMercenaire wrote:
brettnchrism wrote:Image

+8 and out for the day so far the 1-2-3 set up is kicking a** over all the other trades im taking!!


1-2-3 is rock solid and as robust a method as you will ever get.

The more you rep it, the more you will also find the pairs that suit your time-zone best and those that hit, rinse, repeat...every single day.

I'm glad it's working for you. You'd be surprised (or probably not, actually) at how many try to tear it down, 'coz you know...it's too simple...how can it possibly work?


Yes I am keeping notes on trade times and pairs to narrow down. I can trade London open its just 3 am for me so I am trying to find NY pairs that work, if not I can just get up in the AM and trade. It is very simple and I agree people will try and complicate it.
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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Tue Jun 12, 2018 7:48 am

LeMercenaire wrote:That NU move has gone into a breakout on H1, so no HOLO for now.

Switch to 1-2-3 mode.


I must have been tired last night, as I thought I had posted a follow-up chart to this.

Oh well.

Anyway, the 1-2-3 did pay off and that's marked by the magenta circle and locked in +5, faffed around doing not very much and then closed out. I didn't bother letting any counter run or whatever.

There then was a second bite after the push down that I was willing to sit up for as it was set to come back hard. It did go on to set a new Low but that was ridden out.

As I do have to sleep sometime, I didn't get the chance to add-in at the next entry point but as I had that running, I logged straight onto that chart this morning to see what was what and walked straight into a set-up coming back the other way and in we go.

NZDUSDH1thegiftthatkeepsongivingas1-2-3June12th18.png
NZDUSDH1thegiftthatkeepsongivingas1-2-3June12th18.png (28.29 KiB) Viewed 200 times

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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Tue Jun 12, 2018 7:49 am

UPDATE: That drop above has reversed and we now have the option of re-entering at that level (which I did) or running it as a pure HOLO (waiting for the m5 or m15 candle to open in the Area of Interest).

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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Tue Jun 12, 2018 11:30 am

This has been a gold-mine today. While price has been hovering, I just entered, snipped and re-entered and now it's dropping away.

Shows why it is worthwhile hanging in on a set-up if you have the feeling it's a good one. Trust your gut.

NZDUSDH1as1-2-3andwhyitsworthwhilehangingin12thJune18.png
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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Tue Jun 12, 2018 11:39 am

LeMercenaire wrote:This has been a gold-mine today. While price has been hovering, I just entered, snipped and re-entered and now it's dropping away.

Shows why it is worthwhile hanging in on a set-up if you have the feeling it's a good one. Trust your gut.

NZDUSDH1as1-2-3andwhyitsworthwhilehangingin12thJune18.png


Just noticed that the first entry on that chart above - the magenta one - has somehow decided to wander through the desert in search of the lost ark or something. I'm just leaving it be, so feel free to ignore it.

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Re: HOLO - Highest Open / Lowest Open Trade

Postby brettnchrism » Tue Jun 12, 2018 4:09 pm

Image

trying a holo GJ short
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Re: HOLO - Highest Open / Lowest Open Trade

Postby brettnchrism » Tue Jun 12, 2018 5:00 pm

Image

out +18 got that loss back and a little more
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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Tue Jun 12, 2018 5:36 pm

I was answering a trader's question on HOLO and went to find an example - and lucked into a beaut of a short here...

EURAUDH1asHOLOincS+D12thJune18.png
EURAUDH1asHOLOincS+D12thJune18.png (33.28 KiB) Viewed 164 times


EURAUDM5asHOLOentryincS+D12thJune18.png
EURAUDM5asHOLOentryincS+D12thJune18.png (27.97 KiB) Viewed 164 times

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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Tue Jun 12, 2018 5:37 pm

LeMercenaire wrote:I was answering a trader's question on HOLO and went to find an example - and lucked into a beaut of a short here...

EURAUDH1asHOLOincS+D12thJune18.png

EURAUDM5asHOLOentryincS+D12thJune18.png


...And yes, it is also a 1-2-3.

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