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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)

Fx-ken Sep 11, 2020 4:30am | Post# 10241

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GBPUSD short +5
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Fx-ken Sep 11, 2020 4:49am | Post# 10242

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hal7 Sep 14, 2020 4:36am | Post# 10243

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hal7 Sep 15, 2020 3:12am | Post# 10244

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Fx-ken Sep 15, 2020 3:23am | Post# 10245

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hal7 Sep 16, 2020 5:42am | Post# 10246

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thanhtungtnt Sep 16, 2020 6:06am | Post# 10247

GU high D1[0] is higher than D1[1]. But the shadow is too short. So, I think we should not trade.

hal7 Sep 16, 2020 9:21am | Post# 10248

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hal7 Sep 17, 2020 3:00am | Post# 10249

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hal7 Sep 17, 2020 3:33am | Post# 10250

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Varkeer Sep 17, 2020 3:33am | Post# 10251

As a naked chart price action trader, it's always interesting to see all the other things people can use to trade for similar results.

lemercenaire Sep 17, 2020 6:41am | Post# 10252

As a naked chart price action trader, it's always interesting to see all the other things people can use to trade for similar results.
1-2-3 (and HOLO) are about as close to naked chart trading as you can get.

hal7 Sep 17, 2020 7:55am | Post# 10253

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Cartoon1 Sep 17, 2020 8:35am | Post# 10254

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Hello, came across this thread and i think it is great!! I was looking at the USD/JPY in the European session and I came across this and I was wondering if this chart fits the rules. It barely bounced for 5pips after where the arrow shown on chart (assuming you don't consider the spread charge). Would this of been a trade you would take ??

Keep up the good work
Thanks!!
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TooSlow Sep 17, 2020 10:19am | Post# 10255

Hello, came across this thread and i think it is great!! I was looking at the USD/JPY in the European session and I came across this and I was wondering if this chart fits the rules. It barely bounced for 5pips after where the arrow shown on chart (assuming you don't consider the spread charge). Would this of been a trade you would take ?? Keep up the good work Thanks!! {image}
Read Post #1 and answer your own question.

Cartoon1 Sep 17, 2020 11:12am | Post# 10256

I believe it does!

Thanks

hal7 Sep 18, 2020 3:12am | Post# 10257

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hal7 Sep 21, 2020 3:12am | Post# 10258

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thanhtungtnt Sep 21, 2020 5:36am | Post# 10259

Hi everybody, I like this system very much. But I want to ask: in the case the shadow of D1 bar too short, or it does not have shadow. Should we trade it?

lemercenaire Sep 21, 2020 6:18am | Post# 10260

Hi everybody, I like this system very much. But I want to ask: in the case the shadow of D1 bar too short, or it does not have shadow. Should we trade it?
Again, been discussed many times throughout the life of the thread...

Quickly though - a couple of quick look-see runs at the effectiveness of the different bar shapes showed no real positive or negative either way. It wasn't a huge sample size obviously but still, it is what it is.

Like everything in trading, do your homework, make your call and live with it.

What you would do on a 'short handle' is to move your stop to an appropriate distance, not simply set it just above the H.


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