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-   -   Trading is as simple as 1-2-3 (https://www.forexfactory.com/thread/549745-trading-is-as-simple-as-1-2-3)

hal7 Aug 3, 2020 3:18am | Post# 10181

{quote} Do you have a lose trade????
Yes, but don't tell anyone.

Wizzlebizzle Aug 3, 2020 5:24am | Post# 10182

2 Attachment(s)
Not posted here for a while. Been analysing over 2000 trades to see what works for me.

EURUSD Short and GBPUSD Short. Both at BE (not via the original method)Click to Enlarge

Name: 030820 GU Short.png
Size: 25 KBClick to Enlarge

Name: 030820 EU Short.png
Size: 19 KB

hal7 Aug 4, 2020 6:20am | Post# 10183

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Long CA +5 locked seems like I have been in this one for hours, and I have been.

hal7 Aug 5, 2020 6:27am | Post# 10184

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Name: 8520nz.png
Size: 17 KB
Short NZ +5 locked

hal7 Aug 6, 2020 3:09am | Post# 10185

1 Attachment(s)
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Name: 8620gj.png
Size: 18 KBShort GJ +5 locked perfect line up

hal7 Aug 7, 2020 4:04am | Post# 10186

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Name: 8720jy.png
Size: 17 KBLong JY +5 locked line up

pa18 Aug 8, 2020 12:47pm | Post# 10187

Hello, so we are trading towards the current daily open with this method?

Also, is this a scalping method? Meaning if we are in profit past the current H1 open, and we place a hard stop below or above that current candle, do we let price wiggle in and out of negative or close to break even as soon as we see fit? Or just allow to hit stop?

Because it's scary going against the daily trend especially on Friday.

hal7 Aug 10, 2020 4:26am | Post# 10188

1 Attachment(s)
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Name: 81020cf.png
Size: 19 KBShort CF +5 locked

hal7 Aug 11, 2020 3:35am | Post# 10189

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Name: 81120gu.png
Size: 20 KBLong GU +5 locked +51

pa18 Aug 11, 2020 6:36am | Post# 10190

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I like this method, simple entry, simple analysis. Exit is a pain, as exits are. Could have taken about 30 more pips if I held on today lol. Took 13 so happy.

Question, how would you have handled this one, entry on 1 min bar after H1 break low lows, H1 candle closes, enter straight away on next H1 because it looked like it wasn't going to retrace more on the current candle.

Immediately took heat, and for 10 mins went against me for about minus 7 pips, 10 pip stop loss.

Would you have waited for a retrace to make a low on current candle then enter?

And what are the rules, can/should you enter again?

I don't think this is a scalp method so looks like a hard stop is required.
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Name: [GBPUSD,M1].png
Size: 91 KB

TooSlow Aug 11, 2020 12:34pm | Post# 10191

I like this method, simple entry, simple analysis. Exit is a pain, as exits are. Could have taken about 30 more pips if I held on today lol. Took 13 so happy. Question, how would you have handled this one, entry on 1 min bar after H1 break low lows, H1 candle closes, enter straight away on next H1 because it looked like it wasn't going to retrace more on the current candle. Immediately took heat, and for 10 mins went against me for about minus 7 pips, 10 pip stop loss. Would you have waited for a retrace to make a low on current candle then enter?...
Read post #1.

TooSlow Aug 11, 2020 12:39pm | Post# 10192

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chandana47 Aug 12, 2020 3:48am | Post# 10193

hi I'm new here need a help to kick start!!!

chandana47 Aug 12, 2020 3:54am | Post# 10194

I tried the EA on strategy tester it didn't work!

Wizzlebizzle Aug 12, 2020 4:14am | Post# 10195

I tried the EA on strategy tester it didn't work!

Read post 1

hal7 Aug 12, 2020 4:17am | Post# 10196

1 Attachment(s)
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Name: 81220eg.png
Size: 19 KBShort EG +5 locked

hal7 Aug 12, 2020 5:01am | Post# 10197

hi I'm new here need a help to kick start!!!
Actually the best kick start would be to read the 10,000 posts. You will be amazed how much you learn. Then make some demo trades. The method itself is fairly simple, 1,2,3. EA's are not really appropriate for this. Not sure why it would be there.

Wizzlebizzle Aug 12, 2020 5:22am | Post# 10198

{quote} Actually the best kick start would be to read the 10,000 posts. You will be amazed how much you learn. Then make some demo trades. The method itself is fairly simple, 1,2,3. EA's are not really appropriate for this. Not sure why it would be there.
Thats a better, more constructive way to put it

pa18 Aug 12, 2020 8:43am | Post# 10199

{image}Short EG +5 locked
Gutsy, there was almost zero confirmation before the opening price of the current candle trying to test the high of Bar 1.

Is that what you do? Just enter regardless when H1 candle opens when it has made a high or low?

hal7 Aug 13, 2020 7:52am | Post# 10200

{quote} Gutsy, there was almost zero confirmation before the opening price of the current candle trying to test the high of Bar 1. Is that what you do? Just enter regardless when H1 candle opens when it has made a high or low?
There was .1, that's good enough for me. This time it worked.


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