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Trading is as simple as 1-2-3

  • #7,861
  • Feb 19, 2019 12:30pm Feb 19, 2019 12:30pm
Quoting TooSlow
{quote} Unless you have mastered this method, DO NOT TRADE MORE THAN ONE PAIR.
Hello TooSlow.
I know I should be trading only one pair, but it's a temptation and I know I can get burn. I appreciating your advice and to be honest, the method is pretty simple and rules are straight forward.
Thank you
  • #7,862
  • Feb 19, 2019 4:14pm Feb 19, 2019 4:14pm
Quoting Chrobakx
{quote} Hello TooSlow. I know I should be trading only one pair, but it's a temptation and I know I can get burn. I appreciating your advice and to be honest, the method is pretty simple and rules are straight forward. Thank you
Knowing and acting accordingly is not the same.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,863
  • Feb 20, 2019 1:31am Feb 20, 2019 1:31am
Nice way to explain trading in simple terms for newbies to clearly understand how it works. Its all about mastering a strategy, understanding the terms, laying your plan and monitoring the market. You can check to see what others are doing, but never get overwhelmed until you fail to get back on track
  • #7,864
  • Feb 20, 2019 3:24am Feb 20, 2019 3:24am
Attached Image (click to enlarge)
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Long EU +5 locked
  • #7,865
  • Feb 20, 2019 3:28am Feb 20, 2019 3:28am
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Short JY +5 locked
  • #7,866
  • Feb 20, 2019 3:33am Feb 20, 2019 3:33am
Attached Image (click to enlarge)
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Short CF +5 locked
  • #7,867
  • Feb 20, 2019 6:17am Feb 20, 2019 6:17am
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Long GBPCAD +15 locked
  • #7,868
  • Feb 20, 2019 12:55pm Feb 20, 2019 12:55pm
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,869
  • Feb 21, 2019 1:39am Feb 21, 2019 1:39am
Short GBPNZD just chatched, banked 30 pips each with a fast movements (50 point trail stop)

Missed GBPAUD (same shape)
  • #7,870
  • Feb 21, 2019 2:01am Feb 21, 2019 2:01am
[quote=BeaterTrader;12029302]Short GBPNZD just chatched, banked 30 pips each with a fast movements (50 point trail stop) Missed GBPAUD (same shape)[/quote]

GN moves and matches really well with 1-2-3 (and HOLO), just be aware that the spread can often be on the edge of prohibitive. It also can move really fast!
  • #7,871
  • Feb 21, 2019 2:32am Feb 21, 2019 2:32am
NU was too late ... All good for 5 Pips
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  • #7,872
  • Edited 3:53am Feb 21, 2019 3:07am | Edited 3:53am
Attached Image (click to enlarge)
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Short EJ +5 locked +35 20 trailer on
  • #7,873
  • Feb 21, 2019 4:18am Feb 21, 2019 4:18am
Attached Image (click to enlarge)
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Long EJ +5 locked Locked up +28 on the short and went with the counter long.
  • #7,874
  • Feb 21, 2019 4:53am Feb 21, 2019 4:53am
Quoting hal7
{image} Long EJ +5 locked Locked up +28 on the short and went with the counter long.
The EJ Long currently +17
  • #7,875
  • Feb 21, 2019 5:09am Feb 21, 2019 5:09am
Quoting ForeXhell
{quote} The EJ Long currently +17
Thanks , now at +25 and a 10 trailer on
  • #7,876
  • Feb 21, 2019 5:11am Feb 21, 2019 5:11am
Attached Image (click to enlarge)
Click to Enlarge Name: 022119cf.png Size: 17 KB

Short CF +5 locked
  • #7,877
  • Feb 21, 2019 5:51am Feb 21, 2019 5:51am
Quoting hal7
{image} Short CF +5 locked

Hey Hal7. On what price did you open this trade, because price did not moved more than 3 pips from last bar open?

Thanks
  • #7,878
  • Feb 21, 2019 5:58am Feb 21, 2019 5:58am
Quoting Chrobakx
{quote} Hey Hal7. On what price did you open this trade, because price did not moved more than 3 pips from last bar open? Thanks
Chrobakx, I think this was one of Halīs same bar trade which is a speciality and you have to be careful ...
  • #7,879
  • Feb 21, 2019 6:06am Feb 21, 2019 6:06am
Quoting ForeXhell
{quote} Chrobakx, I think this was one of Halīs same bar trade which is a speciality and you have to be careful ...
I thought so or the HOLO trade. Anyway I closed it at +6.
  • #7,880
  • Feb 21, 2019 6:09am Feb 21, 2019 6:09am
Quoting Chrobakx
{quote} Hey Hal7. On what price did you open this trade, because price did not moved more than 3 pips from last bar open? Thanks
I shorted at 1.00187 it is +13 now. my stop was at 1.00267. And yes ForeXhell is right it was a same bar trade which is not 1-2-3 by the rules. I will some times set an alert when it comes through the open of that same bar. I don't always take those it depends on how I see price action. Sometimes they work, sometimes they don't.
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