Well, I'm kind of anti moving averages, but I ended up reading the whole Dance manual from the other thread . I guess there's something interesting there. Won't hurt learning something new so I might give it a go. Out of curiosity, how many ...

CHOROS System

I've been practicing (drawing, mainly in the EU), and watching what could be potential setups with higher R:R ratio. Placing stops where they would make sense based on the structure that just happened, and targets in what would be the "probable path ...

The One: Price Action and Reaction

(This wall of text might be helpful to those who are struggling and jumping from method to method) The only thing that's self-evident after that observation, is that the majority of "traders" aren't profitable because they don't understand the ...

Trading is as simple as 1-2-3

By not losing. You said it yourself. If you're consistent with what you're doing the small +5s add up in the long run. But you have to see that for yourself. (Or you could search "management" in the search box in this thread and you will see why it ...

Trading is as simple as 1-2-3

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Highest Open / Lowest Open Trade

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Highest Open / Lowest Open Trade

Started my session with a blank chart and drew my last one about 3~ hours ago. Watching price unfold was interesting. EU 100 tick chart image

The One: Price Action and Reaction

Is this how you draw a modified schiff? image Just practicing and charting what I see (or well, think I see at this point lol). image

The One: Price Action and Reaction

Quick question. Rule #1 in the template states that we should not trade on H1, M5, or M15 breakout bars, but they don't say anything regarding breakout from previous daily lows / highs. Still, there's the warning to trade those with caution in the ...

Highest Open / Lowest Open Trade

I am! Unfortunately no trades for the UJ today @NY session. image Looking forward to tomorrow.

Highest Open / Lowest Open Trade

Hey, new guy here. First off, thanks for all the work you've put in this thread. Sorry in advance if I pollute the thread with bad examples. I'm completely new to median lines (oh, and I suck at this by the way). This weekend I came across your ...

The One: Price Action and Reaction

Nice. I've always liked S/R because of the simplicity of horzintal lines and the lack of unnecessary indicators. So, you use the H4 to determine S/R levels and then use the H1/M15 for entries, right? Out of curiosity, how many pairs do you trade?

Support and resistance trading

After a long 1 year break, I'm coming back to try to master HOLO. Nice to see that this thread is still going. The reason I dropped it back then was because I had a really inconsistent schedule; I wasn't able to trade at the same hours (not even the ...

Highest Open / Lowest Open Trade

Results are personal. It depends on how many pairs you trade, how many trades you actually take and how you manage them. You can lose pips, bank some pips, or bank a lot of pips, it's up to you really. Don't get too caught up in that. If you're ...

Highest Open / Lowest Open Trade

I guess I'm still doing the challenge from last week (6 trades so far). Missed a couple of trades, but right now I'm having 5 winners and 1 loser . I'll update when I finish the 10 trades.

Highest Open / Lowest Open Trade

Since I'm placing my trade when the current bar goes through the highest/lowest open, it would make sense not to enter again within the same bar, because once the price goes through the HO/LO, that is the only moment to take that trade according to ...

Highest Open / Lowest Open Trade

Sorry, I don't mean to spam the thread with 3 replies in a row, but I've got a quick question ragarding rule#6. It's probably easier if I show it with a chart. Would a re-entry at that level be within the rules? Does the one entry per bar rule apply ...

Highest Open / Lowest Open Trade

Well, this thread has derailed a bit, but without going into the drama and witch-hunting, there's definitely some food for thought here.

Higher Edge within a Single Candlestick

Please correct me if I'm wrong, but that would've been a win (at least on my charts). The price didn't hit the daily high. Maybe it could be because of this (quoting MichaelG's pdf): "A bit more on trade management. In this SELL trade, we used the ...

Highest Open / Lowest Open Trade

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Highest Open / Lowest Open Trade