Trading is as simple as 1-2-3 | Page 306 | Forex Factory

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Trading is as simple as 1-2-3

  • #6,101
  • Mar 22, 2018 3:54am Mar 22, 2018 3:54am
Quoting hal7
{image} Long CF +5 locked
Nice trade, took the same one, first for the day.
  • #6,102
  • Mar 22, 2018 5:04am Mar 22, 2018 5:04am
Quoting pasopvirpot
{quote} Beautiful trade, well done!
Thank you. The DAX is dangerous, you do need to be careful and very, very, quick and decisive - but does perform beautifully (as do the other indices).
  • #6,103
  • Mar 22, 2018 6:39am Mar 22, 2018 6:39am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_H1_strategy name_20180322143441.gif Size: 24 KB


Long on GJ, +5, and +10.
  • #6,104
  • Mar 22, 2018 7:18am Mar 22, 2018 7:18am
Hi All, Greetings out of a WET Joburg

Some feedback related to 1-2-3. I now traded this system from end 2017. Just in the last 2 weeks made +1000 pips! Very low risk and my account is up 20%.

Thanks TooSlow and the other for there input and continually updating!!



Wapen
  • #6,105
  • Mar 22, 2018 7:57am Mar 22, 2018 7:57am
@ lemercenaire,i want to give your support and resistance indictator a work out,can you please post a link for it,a big thank you in advance :]
  • #6,106
  • Mar 22, 2018 8:19am Mar 22, 2018 8:19am
Attached Image (click to enlarge)
Click to Enlarge Name: 32218ca.png Size: 17 KB

Short CA +5
  • #6,107
  • Mar 22, 2018 8:21am Mar 22, 2018 8:21am
Quoting Wapen
Hi All, Greetings out of a WET Joburg Some feedback related to 1-2-3. I now traded this system from end 2017. Just in the last 2 weeks made +1000 pips! Very low risk and my account is up 20%. Thanks TooSlow and the other for there input and continually updating!! Wapen
Nice job!
  • #6,108
  • Mar 22, 2018 9:17am Mar 22, 2018 9:17am
I played it as a straight bounce but a nice, valid, 1-2-3 as well...

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1playedasabouncebutyepasa1-2-3Mar22nd18.png Size: 35 KB
  • #6,109
  • Mar 22, 2018 9:22am Mar 22, 2018 9:22am
Quoting Wapen
Hi All, Greetings out of a WET Joburg Some feedback related to 1-2-3. I now traded this system from end 2017. Just in the last 2 weeks made +1000 pips! Very low risk and my account is up 20%. Thanks TooSlow and the other for there input and continually updating!! Wapen
I bet everyone's grateful for some of the wet stuff down there, going by the crisis around Cape Town and the neighbouring Provinces (my GF's South African).

Glad 1-2-3's working for you .
  • #6,110
  • Mar 22, 2018 9:35am Mar 22, 2018 9:35am
Quoting nozzer
@ lemercenaire,i want to give your support and resistance indictator a work out,can you please post a link for it,a big thank you in advance :]
Hi nozzer.

I have customised a couple of the best indis out there for Supply+Demand Zones .

If you are still unsure of the difference between S+D and Support and Resistance, then I would gently but seriously suggest killing two birds with one stone and Googling:

''Best supply and demand indicator for mt4''

This will give you what you are looking for.

(a) A handful of indi options.
(b) A selection of pages which will give you a rundown of what Supply + Demand actually is and how it differs from Support and Resistance Guestimation Lines.

Learning how to draw your own zones will add a valuable weapon in your armoury and will mean you will understand what your indicators are telling you, not simply have you following them.

It's not difficult but worth doing the legwork yourself. You'll benefit from it in the long run.
  • #6,111
  • Mar 22, 2018 1:16pm Mar 22, 2018 1:16pm
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
  • #6,112
  • Mar 22, 2018 11:41pm Mar 22, 2018 11:41pm
Quoting TooSlow
{quote} Hi dagoods, I believe I understand your confusion. The 1-2-3 referred to here is the higher low, lower low, high low 3 bar pattern or lower high, higher high, lower high 3 bar pattern. The chart you posted looks like a swing high, swing low. Not the same. I apologize for my ambiguity. {image}{image}
i am joining this discussion very late, and, apologies if this has been asked later in the posting, but, you are advocating placing the entry when price passes back through the open price of candle 0. However, this ASSUMES that candle 1 has formed a new daily high or daily low, this cannot be even confirmed until candle 0 closes, as every bar closing downwards with a lower low will form a new daily low. Candle 0 can swing up and down m any times before it is finished and pass through its open price multiple times, if working one any timeframe. SO at what point in time are you placing yoru order? AFTER the high or low is confirmed by the close of candle 0, or, prior to this?
  • #6,113
  • Mar 22, 2018 11:47pm Mar 22, 2018 11:47pm
Quoting TooSlow
{image}
A futher question, is there somewhere in this thread you have shared your indicators and Template?

Thanks
  • #6,114
  • Mar 23, 2018 3:05am Mar 23, 2018 3:05am
Attached Image (click to enlarge)
Click to Enlarge Name: 32318eg.png Size: 18 KB

Short EG +5 locked
  • #6,115
  • Mar 23, 2018 3:18am Mar 23, 2018 3:18am
Quoting Wapen
Hi All, Greetings out of a WET Joburg Some feedback related to 1-2-3. I now traded this system from end 2017. Just in the last 2 weeks made +1000 pips! Very low risk and my account is up 20%. Thanks TooSlow and the other for there input and continually updating!! Wapen
Morning Wapen, well done, I would love to chat to a fellow South African about the system, have sent you a pm.
  • #6,116
  • Mar 23, 2018 5:19am Mar 23, 2018 5:19am
Quoting vanbran
{quote} i am joining this discussion very late, and, apologies if this has been asked later in the posting, but, you are advocating placing the entry when price passes back through the open price of candle 0. However, this ASSUMES that candle 1 has formed a new daily high or daily low, this cannot be even confirmed until candle 0 closes, as every bar closing downwards with a lower low will form a new daily low. Candle 0 can swing up and down m any times before it is finished and pass through its open price multiple times, if working one any timeframe....
Hi vanbran. I understand your confusion on that quote, however you are reading info from page 5 of a 306 page thread. Things have moved on and if I may say so, simplified, many times.

Short Trade:
Did Bar #1 make a new H?
Did Bar #2 test that High and fail?
If so, enter as price crosses back over the level of Bar #2 Open.

Reverse for Long Trade.
  • #6,117
  • Mar 23, 2018 5:22am Mar 23, 2018 5:22am
Quoting vanbran
{quote} A futher question, is there somewhere in this thread you have shared your indicators and Template? Thanks
Lines indi comes via HOLO thread. Edit to suit.

TS has a Template post and file in the Paperclip at the top right of the page (you won't get it to look exactly like his (or some others here) as some of the additions are personal and can't be shared).
  • #6,118
  • Mar 23, 2018 2:00pm Mar 23, 2018 2:00pm
Quiet in here today.

No-one catch the GU fun?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1anyonecatchthese1-2-3on23rdMar18.png Size: 28 KB


I didn't, as I was out but would have been nice if someone did.
  • #6,119
  • Mar 23, 2018 2:21pm Mar 23, 2018 2:21pm
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,120
  • Mar 26, 2018 3:54am Mar 26, 2018 3:54am
Attached Image (click to enlarge)
Click to Enlarge Name: 32618jy.png Size: 21 KB

Short JY +5 locked. Textbook, now +12 switched to 10 trailer
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