ok, Thank you Too Slow. Helps to have my observations validated using the rule you stated. Thank you,

Highest Open / Lowest Open Trade

Hi Too Slow, You perhaps have already noticed this and have rules for it: What I have noticed is that sometimes price retraces today into yesterday's H1 HOLO area and gives good pips. In fact, the only entry we might get is in yesterday's HOLO area ...

Highest Open / Lowest Open Trade

Hi LM, What are you seeing to call it a day today? Breakouts outside yday high/ low? But isin't that a day for 1-2-3? So why not wait for the 1-2-3 setups? Or is it because today is Friday? On a separate note, you mentioned not being active in ...

Highest Open / Lowest Open Trade

Ok, will do. Looks like it is the Holy Grail! (just kidding)

Highest Open / Lowest Open Trade

Ok, thank you LM. When price Wicks though the area of interest but does not open within it, it is a wick zone. Thanks!

Highest Open / Lowest Open Trade

Yes, understood. Thank you for all the explanations on Daily Return and Follow Cap. Just one last question for you or Too Slow - What is this Wick zone u guys talk about? Thank you

Highest Open / Lowest Open Trade

Thanks Too Slow, this is good. I used to wonder what you meant by saying 1-2-3 is a subset of HOLO. Understand it better now. Thank you

Trading is as simple as 1-2-3

LM, thanks for these methods. Helps to have some idea of how the big fish operate and how simple they keep things. Would it be fair to say: Daily Return = Breakout of yesterday Hi/Lo and then come back in it's range = Breakout Fakeout Follow Cap = ...

Highest Open / Lowest Open Trade

LM, thank you for you sharings! Much appeciated. Too Slow, can you please elaborate on the "break in" vs break out and trading into the Wick zone? Thank you

Highest Open / Lowest Open Trade

ok, understood!

Highest Open / Lowest Open Trade

HOLO works on H4? Like you posted that HOLO works on the higher timeframes of M/W/D?

Highest Open / Lowest Open Trade

Well, I added that as a caution for newbies as u have said in some other posts. But yes, the standalone rule does not say anything about it

Highest Open / Lowest Open Trade

Another attempt: It is better to enter when the opens are "stacked" i.e. the M5 open is above H1 open, H1 open is above H4 opens for shorts and vice versa for longs?

Highest Open / Lowest Open Trade

Hi LM, Does this mean the ones which do not have a 5/15 min open in the area of interest?

Highest Open / Lowest Open Trade

Rule 7: Do not wait for the H1 bar to close. However, for newbies if the H1 is a breakout bar then it is prudent to wait for this H1 bar to close?

Highest Open / Lowest Open Trade

The clue in this chart are do not trade against the open of the H4 bar? And as you said a couple of days back, the H4 has the potential to become a freight train?

Highest Open / Lowest Open Trade

Hi Too Slow, I think you just cleared another area of confusion for me. I wait for the Close of H1 of ALL bars and not necessarily breakout H1 bars. Once the H1 bar closes, then I mark its HOLO and watch price on 5/15 min for an open in the area of ...

Highest Open / Lowest Open Trade

Cool. Got it! Just listened to the song as well! Now I know where it comes from!

Highest Open / Lowest Open Trade

Yeah, cool, no worries. Thanks. You did not confuse me. I am about halfway through the 1-2-3 thread myself. Reading it again after I gave up the 1st time after a few pages. I did see your fib method. So understand the zones are tied to the fibs. The ...

Highest Open / Lowest Open Trade

Hi Lemercenaire, What does zone 1, zone 2, zone 3 entry refer to? Thank you

Highest Open / Lowest Open Trade