What's wrong with 123 Pattern 25 replies
bo7a method... method for GBP/JPY 205 replies
easy as 123 profittable system 20 replies
Calling to all Programmers! let's remake this 123 indicator 1 reply
Someone can introduce me to the 123 system? 15 replies
DislikedHI LGTJ
IS OPERATING METHOD OF MAJOR TO MINOR TF ALWAYS BE PROFITABLE LONG TERM ... MA'S USING EITHER WITH CCI, MACD WITH ...
THE KEY IS TO KNOW THE DIFFERENT TF INTERPRET AND PATIENCE
MY SYSTEM IS LIKE .. Sometimes I use MACD or CCI KINO ... BUT THE ESSENCE IS THE SAME ... High to Low TF
CONGRATULATIONS ON YOUR STRATEGYIgnored
DislikedIS OPERATING METHOD OF MAJOR TO MINOR TF ALWAYS BE PROFITABLE LONG TERM ... MA'S USING EITHER WITH CCI, MACD WITH ...
THE KEY IS TO KNOW THE DIFFERENT TF INTERPRET AND PATIENCE
MY SYSTEM IS LIKE .. Sometimes I use MACD or CCI KINO ... BUT THE ESSENCE IS THE SAME ... High to Low TF
CONGRATULATIONS ON YOUR STRATEGYIgnored
DislikedHi Igti.
First of all let me say God bless you too.
My question is, what if you are in a buy trend and price goes below the 50fib level on the weekly,and after you get an entry with MACD on the daily and price is still below the 50fib level,what do we do? or do we still take the trade?
Thank you!Ignored
DislikedLook at these charts of gbpusd. First, the monthly chart macd is in buy mode. Second, the weekly chart macd is in buy mode and formed a 123 pattern. Third, price retraced, and the macd went into sell mode on the daily chart. Fourth, the macd went back into buy mode. I'm currently in entries 1 and 2, and I'm patiently waiting on entry 3.
Entries on the daily chart:
1) early entry
2) add-on entry
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Simple method, but very powerful!!!Ignored
Dislikedare we going to be getting updates and examples as trades go on,cause I want to be one of those following this thread from the start,as Ive seen nice threads that started years back I wish I followed
Ive opened all the pairs you gave as examples (Eurusd, Gbpusd, Audusd, Usdchf, Usdjpy, Eurjpy, Gbpjpy) and I'll be taking the trades on the daily chart,so stay with me Igtj let me follow you with your methodIgnored
DislikedHello Kasapreko and welcome. Yes, I'll be posting potential set ups that I take. Look at post #19, and you'll see that I'm waiting for price to break the #2 point in the 123 pattern on gbpusd daily chart.Ignored
DislikedHello Igtj,
first of all thanks for sharing your strategy! After studying your explanations I think I know why you stress that patience is absolutely required You do not have a lot of trades in a month, do you? Do you actually have a favourite currency pair ?
All the best,
HeikoIgnored