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Trading is as simple as 1-2-3

  • #5,041
  • Nov 8, 2017 6:44am Nov 8, 2017 6:44am
Quoting lemercenaire
{quote} I'm still in the long - and check out the fib - overlay... {image}
Then off the later fib...

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  • #5,042
  • Nov 8, 2017 7:13am Nov 8, 2017 7:13am
Attached Image (click to enlarge)
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Long GJ +5 locked
  • #5,043
  • Nov 8, 2017 7:16am Nov 8, 2017 7:16am
UJ long.. 50% locked at +5 rest with trail stop
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  • #5,044
  • Nov 8, 2017 7:31am Nov 8, 2017 7:31am
Quoting lemercenaire
{quote} Then off the later fib... {image}
Fibs being fibs...

Attached Image (click to enlarge)
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Cleaner view, sans fib-map...

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  • #5,045
  • Nov 8, 2017 7:33am Nov 8, 2017 7:33am
Quoting lemercenaire
{quote} Fibs being fibs... {image} Cleaner view, sans fib-map... {image}
You ain't fibbing.
  • #5,046
  • Nov 8, 2017 8:48am Nov 8, 2017 8:48am
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Short CADCHF +5 locked
  • #5,047
  • Nov 8, 2017 2:10pm Nov 8, 2017 2:10pm
Quoting lemercenaire
{quote} Fibs being fibs... {image} Cleaner view, sans fib-map... {image}
AU as it stands just now...

Attached Image (click to enlarge)
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S+D overlaid...

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  • #5,048
  • Nov 8, 2017 3:48pm Nov 8, 2017 3:48pm
Quoting lemercenaire
{quote} Hi George. I don't know where you got your Rule #1 from but to answer: 1: No. 1-2-3 has nothing to do with the Daily Open. 2: Yes 3: Yes 4: Yes 5: You can enter any way you like, live or order.
Hey lemercenaire!
i don't know if you accept to help begginer traders here or no? i would juts like to understand the rules that you have talked about there, and if you can tell me where i can find same good rules to follow , coz i don't miss a lot of thing in forex, each time i open a position the market goes against me!
thank you so much for all of you who can help each other even wih few ideas.
  • #5,049
  • Nov 8, 2017 4:23pm Nov 8, 2017 4:23pm
Quoting afgan84
{quote} Hey lemercenaire! i don't know if you accept to help begginer traders here or no? i would juts like to understand the rules that you have talked about there, and if you can tell me where i can find same good rules to follow , coz i don't miss a lot of thing in forex, each time i open a position the market goes against me! thank you so much for all of you who can help each other even wih few ideas.
Hi afgan84. Welcome to the thread,

We have no problems at all helping newcomers find their feet. What we don't do is spoon-feed but if a trader is willing to do his own legwork, we'll all get along just fine .

What I will do is point you in the direction of the paperclip at the top of the page here. In there you will find a pdf by Michael and I would suggest that reading that, along with the early, introductory, posts by TooSLow will get you started.

Once you have done that and have more of a feel for what we are doing here, then come back and we will help you along where we can if you get yourself stuck.

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  • #5,050
  • Nov 8, 2017 5:53pm Nov 8, 2017 5:53pm
Quoting lemercenaire
{quote} Hi afgan84. Welcome to the thread, We have no problems at all helping newcomers find their feet. What we don't do is spoon-feed but if a trader is willing to do his own legwork, we'll all get along just fine . What I will do is point you in the direction of the paperclip at the top of the page here. In there you will find a pdf by Michael and I would suggest that reading that, along with the early, introductory, posts by TooSLow will get you started. Once you have done that and have more of a feel for what we are doing here, then...

thank you so much Lemercenaire! but i don't find the PDF you in the direction you told me, i don't know why? i'm looking at the same section you told me as u can see at the picture but i don't find 3,551, only 3552.
Thank you again.
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  • #5,051
  • Nov 8, 2017 6:59pm Nov 8, 2017 6:59pm
Quoting afgan84
{quote} thank you so much Lemercenaire! but i don't find the PDF you in the direction you told me, i don't know why? i'm looking at the same section you told me as u can see at the picture but i don't find 3,551, only 3552. Thank you again. {image}
Ah, you are of course right. I was thinking of the one he did for HOLO, not 1-2-3. My bad.

The rules for 1-2-3 are contained in the first few posts and of course even on the template, however as I have pointed out before, they can be summarised thus:

1: H1 Bar #1 makes new High or Low...
2: H1 Bar #2 fails to make new High or Low...
3: Enter as price crosses back over the open level of Bar #2.
  • #5,052
  • Nov 9, 2017 3:16am Nov 9, 2017 3:16am
Attached Image (click to enlarge)
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Long EG +5, 50% off
  • #5,053
  • Nov 9, 2017 3:23am Nov 9, 2017 3:23am
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  • #5,054
  • Nov 9, 2017 3:54am Nov 9, 2017 3:54am
Wrong board to post this on but earlier when I was making my 1-2-3 setups I happened to jump on a HOLO GU short. It was there I took it. Sits at +32 I took half off and now have a 20 trailer going. Nice to catch those out of the box.
  • #5,055
  • Nov 9, 2017 4:35am Nov 9, 2017 4:35am
My EG long is now at +27, 20 trailer on...
  • #5,056
  • Nov 9, 2017 4:52am Nov 9, 2017 4:52am
Attached Image (click to enlarge)
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I have been on this crazy pair for few days now, not sure what possessed me. But it works, short CADCHF +5 50% off
  • #5,057
  • Nov 9, 2017 5:06am Nov 9, 2017 5:06am
Attached Image (click to enlarge)
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Long GJ +5 locked
  • #5,058
  • Nov 9, 2017 5:58am Nov 9, 2017 5:58am
Quoting lemercenaire
{image}
That AU wasn't too bad. May be looking at another soon, though I have a meeting (in two mins, lol), so probably won't be in on it...

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  • #5,059
  • Nov 9, 2017 6:16am Nov 9, 2017 6:16am
CADCHF short is now +23, 20 trailer on....
  • #5,060
  • Nov 9, 2017 6:35am Nov 9, 2017 6:35am
Attached Image (click to enlarge)
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Early today I had the EG long and cashed in pretty good. Now I have it short +5 locked 50% off. One of those up and down days.
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