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Trading is as simple as 1-2-3

  • #5,701
  • Jan 25, 2018 9:28am Jan 25, 2018 9:28am
Quoting birdland
my trade of the day was EC, with limited position size but large pips outcome. after the high was broken i didnt want to wait for the stop. {image}
Nice trading.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,702
  • Jan 25, 2018 10:04am Jan 25, 2018 10:04am
Quoting TooSlow
{image}
SL on this one?
  • #5,703
  • Jan 26, 2018 4:28am Jan 26, 2018 4:28am
Quoting lemercenaire
{quote} H4 would suggest it's a strong candidate... {image}
Lem, curious, both this one and your post immediately preceding look a lot like freight trains. What did you see to indicate otherwise?
  • #5,704
  • Jan 26, 2018 5:55am Jan 26, 2018 5:55am
Quoting pipsMEup
{quote} Lem, curious, both this one and your post immediately preceding look a lot like freight trains. What did you see to indicate otherwise?
Both were heading into heavyweight Demand Zones across all time-frames, especially up into the higher ones.
  • #5,705
  • Jan 26, 2018 6:05am Jan 26, 2018 6:05am
Attached Image (click to enlarge)
Click to Enlarge Name: 12618cf.png Size: 18 KB

Took a while but finally nailed this CF for +5 locked It quickly went to BE and closed it out, and of course it obliged by moving back up. But it is Friday.
  • #5,706
  • Jan 26, 2018 9:31am Jan 26, 2018 9:31am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow1.png Size: 59 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,707
  • Edited 4:19am Jan 29, 2018 4:08am | Edited 4:19am
Attached Image (click to enlarge)
Click to Enlarge Name: 12918gu.png Size: 17 KB

Long GU +5 locked +10 trailer on
  • #5,708
  • Jan 29, 2018 7:52am Jan 29, 2018 7:52am
Quiet start to the week for me. Just sat on The DAX, which was pretty well-behaved for the most part...

Attached Image (click to enlarge)
Click to Enlarge Name: Inked.DE30.H1gotalovelyclean1-2-3Jan29th18_LI.jpg Size: 269 KB


Time for a late lunch now!
  • #5,709
  • Jan 29, 2018 11:10am Jan 29, 2018 11:10am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow1.png Size: 57 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,710
  • Jan 30, 2018 3:30am Jan 30, 2018 3:30am
Just killing some time today waiting for a setup on 1-2-3. I did a little experiment on a demo account on an idea presented by a person whose name is not to be mentioned on FF apparently, and may have some ties to 1-2-3 principles.

The idea is to to draw a line and trade in the direction of the movement away from that line up or down. Just that simple.

So I did that. In the first hour or so of London open. GU, CF, JY, EJ, GJ, CA, AU, NZ, EU. Total pips in that time +152, no losers so far. Now the pairs happen to be very directional in these early hours today. And I am sure there are days that when it chops back and forth across that line. But the point is, a simple line can be as simple as trading can be. Or you can develop an indicator that is much more complex and changes daily as you tweak it.
  • #5,711
  • Jan 30, 2018 3:36am Jan 30, 2018 3:36am
Quoting hal7
Just killing some time today waiting for a setup on 1-2-3. I did a little experiment on a demo account on an idea presented by a person whose name is not to be mentioned on FF apparently, and may have some ties to 1-2-3 principles. The idea is to to draw a line and trade in the direction of the movement away from that line up or down. Just that simple. So I did that. In the first hour or so of London open. GU, CF, JY, EJ, GJ, CA, AU, NZ, EU. Total pips in that time +152, no losers so far. Now the pairs happen to be very directional in these early...
And lock in 5 pips per trade should help matters ?
every Saint has a past. Every Sinner has a Future
  • #5,712
  • Jan 30, 2018 3:46am Jan 30, 2018 3:46am
Quoting hal7
Just killing some time today waiting for a setup on 1-2-3. I did a little experiment on a demo account on an idea presented by a person whose name is not to be mentioned on FF apparently, and may have some ties to 1-2-3 principles. The idea is to to draw a line and trade in the direction of the movement away from that line up or down. Just that simple. So I did that. In the first hour or so of London open. GU, CF, JY, EJ, GJ, CA, AU, NZ, EU. Total pips in that time +152, no losers so far. Now the pairs happen to be very directional in these early...
Maybe you can't name the person, but it would be good if you could tell us where to draw the line, as it were!
  • #5,713
  • Jan 30, 2018 3:55am Jan 30, 2018 3:55am
Attached Image (click to enlarge)
Click to Enlarge Name: 13018eg.png Size: 18 KB

In the meantime back to business. Short EG +5 locked Zzz
  • #5,714
  • Edited 4:10am Jan 30, 2018 3:59am | Edited 4:10am
Quoting ikdenk
{quote} Maybe you can't name the person, but it would be good if you could tell us where to draw the line, as it were!
Apparently anywhere, everywhere, or nowhere....

GU +68, CF +28, JY +9, EJ +37, GJ +60, CA +39, AU +31, NZ +32, EU +46 =+353.
  • #5,715
  • Jan 30, 2018 4:01am Jan 30, 2018 4:01am
Quoting turnip15
{quote} And lock in 5 pips per trade should help matters ?
It keeps the lights burning sometimes And incidentally I would probably lock in 5 on those pairs also, as I have observed pairs to change their mind abruptly. And let the rest run.
  • #5,716
  • Jan 30, 2018 4:31am Jan 30, 2018 4:31am
the so called "line in the sand" can be round numbers, pivot, daily open, h4 open, fibonacci, MA, TL, etc...
our line in the sand here are the highs/lows of the day and the highest/lowest H1 open.
trading is like dancing, don't think and just listen to the music!
  • #5,717
  • Jan 30, 2018 4:32am Jan 30, 2018 4:32am
The JY finally went -1 so I closed it out and will never trade that pair again! On the flip side. GU is +92 and GJ is +95 so I offset the loss. , sorry just being goofy today, like everyday.
  • #5,718
  • Jan 30, 2018 4:35am Jan 30, 2018 4:35am
Quoting birdland
the so called "line in the sand" can be round numbers, pivot, daily open, h4 open, fibonacci, MA, TL, etc... our line in the sand here are the highs/lows of the day and the highest/lowest H1 open.
Yep, and interestingly the AU, CA, EU, EJ, GU, GJ, NZ all happened to be 1-2-3 set ups.
  • #5,719
  • Jan 30, 2018 4:39am Jan 30, 2018 4:39am
That's enough excitement for me today....off to other things. On my 'real' account I am long AU +43, long NZ +26
  • #5,720
  • Jan 30, 2018 4:44am Jan 30, 2018 4:44am
first post in this thread

Here are my results from this morning:

+18 on AUDJPY:
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYH1-18-01-30.png Size: 28 KB


+30 on GBPJPY:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1-18-01-30.png Size: 28 KB


I am using a currency strength meter to detect the weak and strong pairs.
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