Circle/s marks the spot

I see. So you'd need on your trigger timeframe (such as M5) a candle to open within 1.01596 and 1.01583. Is it like a 123? Thanks for the visual example lem!

That definitely makes sense. Thank you for patiently answering all my queries.

Would you guys consider this a valid trade?

Is this what you were referring to?

Thank you sir! Am I right in saying that the HOLO shows us a rule of entry, but it is not entirely a trading system? Like on TS's indicator I will not enter every green/red area (which signals a valid setup) because though it is valid, I still have ...

Thank you Lem! And thanks for the charts and its corresponding explanations.

All the best to you JT. Thank you for answering all my inquiries.

Thank you MichaelG and lemercenaire. It very much clears things up! Edit: Mike G, I said leaving orders since I can use a Move to BE indicator but yeah I get your point. Thanks for the comprehensive post. Edit #2: After thinking about it, ...

Thank you good sir. That's perfect since I live in Asia - I can check the charts and leave pending buy/sell orders before going to work. I think if I leave orders I should put a 1-hour expiry to it -- I check the charts at 5:00 AM, price opens ...

Got it H. Thank you. Too bad was not able to join you guys for today's trading. How was it

Thanks JT.. I don't mean to ask very simple questions but I am still new to this 123 thing. And am very much eager to learn. On your comment "not a 123" why doesn't it count as one? Point 1 = HH; Point 2 = HL; Point 3 = Not a HH (broke previous ...

Thank you, sensei #2! I guess this method best works during session overlap between US and Europe since it is the most volatile trading time of the day, where most likely the daily highs and lows will occur. How many hours per day do you usually ...

Alright sensei. But may I reiterate on my question that has confused me (when I set an order and a new highest/lowest open occurs I tend to cancel if it is outside the new area of interest. Below is the scenario that boggles me: What if: 1) Price ...

Pardon me for suddenly jumping the charts sensei. I will follow your instructions. But may I please ask for some enlightenment on post #10,587? Thank you.

So far so good

Am I doing this right? Buy stop order on EURAUD

This is well noted JT. If ever you browse FF using your PC, would you perhaps point to me the terrible 123s you've mentioned? Noted on the 2B. Though the pattern is simple enough, it sometimes gets confusing on which of the 2Bs that form should I be ...

I HAVE READ POST #1 AND THE EXAMPLE LINKS BUT I STILL HAVE A QUESTION Hi TooSlow, Great stuff. May I inquire the following: - Do you trade the method on all 28 major pairs? - Does the method work on exotic pairs or other markets e.g. gold or oil? - ...