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Trading is as simple as 1-2-3

  • #7,921
  • Feb 28, 2019 7:10am Feb 28, 2019 7:10am
Quoting Forest-Sea
It seems both opportunity and momentum favor the London morning session. Of course, highs and lows will occur during the Asian early hours but are often taken out later. I would appreciate your thoughts on time . . . unless it is regarded as fully random across the day. That I cannot say. Thanks! FS
Hi ForestSea!

I am a total newbie and Lem has answered your question already, I might have to add something as well.
Euro pairs, Asia pairs, their crosses and of course North America pairs and the crosses seem to print highs and lows at different times.

I aligned the buttons indicator differently so I can spot those easier.

I tried to load this *.set as attachement but the file type is not supported ... IŽll attach a screenshot!
Attached Image
  • #7,922
  • Feb 28, 2019 7:25am Feb 28, 2019 7:25am
Quoting ForeXhell
{quote} Hi ForestSea! I am a total newbie and Lem has answered your question already, I might have to add something as well. Euro pairs, Asia pairs, their crosses and of course North America pairs and the crosses seem to print highs and lows at different times. I aligned the buttons indicator differently so I can spot those easier. I tried to load this *.set as attachement but the file type is not supported ... IŽll attach a screenshot! {image}
Good idea!
  • #7,923
  • Feb 28, 2019 7:29am Feb 28, 2019 7:29am
Quoting lemercenaire
{quote} Welcome aboard, Forest-Sea.. I hope you stick around and make a success of it.
And why not*, as your thoughtful comments point out, there is little to screw up here. Just HLs, TRO would be proud.

My biggest issue will be dragging myself up at 0 dark 30 in the AM*. Oh well, no pain - no gain.

And thank you, sincerely, for the encouragement. And did I understand one of your notes to suggest you work HOLO and 123 on higher TFs? I would take that to mean higher than H1.
  • #7,924
  • Feb 28, 2019 7:33am Feb 28, 2019 7:33am
Quoting ForeXhell
{quote} Hi ForestSea!. I might have to add something as well. Euro pairs, Asia pairs, their crosses and of course North America pairs and the crosses seem to print highs and lows at different times. I aligned the buttons indicator differently so I can spot those easier.. {image}
Yes you did. Thanks very much. Clearly a good idea. FS
  • #7,925
  • Feb 28, 2019 7:40am Feb 28, 2019 7:40am
Quoting lemercenaire
{quote} Welcome aboard, Forest-Sea. This is one of the, if not the most underrated methods out there. People don't believe it can work because it is just too simple. They are wrong...big time. Also, on of the greatest things about it is that it is so easy to wash, rinse, repeat, every day, in and out. Nothing changes. There is a High, there is a Low. Once you get your head around this, you just keep on doing it and you get better and better and better. All of a sudden, you realise that you are beginning to be able to...
And you may get to wash, rinse and repeat more than once in a trading day . . .
  • #7,926
  • Feb 28, 2019 8:40am Feb 28, 2019 8:40am
Quoting Forest-Sea
{quote} And why not*, as your thoughtful comments point out, there is little to screw up here. Just HLs, TRO would be proud. My biggest issue will be dragging myself up at 0 dark 30 in the AM*. Oh well, no pain - no gain. And thank you, sincerely, for the encouragement. And did I understand one of your notes to suggest you work HOLO and 123 on higher TFs? I would take that to mean higher than H1.
Shhhh, we don't mention the Head by name!

I first came to HOLO / 1-2-3 precisely because it resembled methods I had used on the ultra long time frames (Daily, Weekly, Monthly) and so yes, I will run the variant you see here on H4, Daily, Weekly set ups.
  • #7,927
  • Feb 28, 2019 9:30am Feb 28, 2019 9:30am
Quoting lemercenaire
{quote} Shhhh, we don't mention the Head by name! ..
Oh, that's my typo. Should be TOR, short for Thor . . . and we all know his story.
  • #7,928
  • Feb 28, 2019 9:55am Feb 28, 2019 9:55am
Attached Image (click to enlarge)
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Short EJ +5 locked
  • #7,929
  • Feb 28, 2019 11:10am Feb 28, 2019 11:10am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 56 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,930
  • Feb 28, 2019 11:33am Feb 28, 2019 11:33am
[quote=Forest-Sea;12061355]{quote} Oh, that's my typo. Should be TOR, short for Thor . . . and we all know his story.[/quote]

Attached Image
  • #7,931
  • Feb 28, 2019 12:51pm Feb 28, 2019 12:51pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 56 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,932
  • Feb 28, 2019 1:44pm Feb 28, 2019 1:44pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 56 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,933
  • Mar 1, 2019 12:45am Mar 1, 2019 12:45am
Attached Image (click to enlarge)
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Short NZ +5 locked same bar
  • #7,934
  • Mar 1, 2019 1:48am Mar 1, 2019 1:48am
Attached Image (click to enlarge)
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Short GJ +5 locked
  • #7,935
  • Mar 1, 2019 2:26am Mar 1, 2019 2:26am
Quoting Chrobakx
{quote} The trade manager is available for free from creator website. I'm sure you can find it.
Thanks, I found it, but since it canŽt handle the Buttons Indi --> still searching ;-)

Anyway the ProŽs here suggest to start with one pair and evolve ... keeping in mind that many pairs have positive or negative correlation, sticking with two or three depending on the time zone your are trading from might be enough.

Have a good one!
  • #7,936
  • Mar 1, 2019 2:38am Mar 1, 2019 2:38am
Attached Image (click to enlarge)
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Short CF +5 locked
  • #7,937
  • Mar 1, 2019 2:40am Mar 1, 2019 2:40am
Quoting ForeXhell
{quote} Anyway the ProŽs here suggest to start with one pair and evolve ... keeping in mind that many pairs have positive or negative correlation, sticking with two or three depending on the time zone your are trading from might be enough. Have a good one!
Yeah, yesterday I dropped two pairs, cant handle them all anyway and don't need big exposure. Less is more sometime. I see TooSlow trading just the UJ or at least he is posting just the UJ tardes.
  • #7,938
  • Mar 1, 2019 6:11am Mar 1, 2019 6:11am
Quoting Chrobakx
{quote} Yeah, yesterday I dropped two pairs, cant handle them all anyway and don't need big exposure. Less is more sometime. I see TooSlow trading just the UJ or at least he is posting just the UJ tardes.
Too Slow is the ninja master of the UJ
  • #7,939
  • Mar 1, 2019 6:20am Mar 1, 2019 6:20am
Quoting lemercenaire
{quote} Too Slow is the ninja master of the UJ
No doubt, maybe the spirit of Bruce Lee possessed him .

Btw today was very busy day, overall Im in profit for today, catched few runners from UJ,EU,EJ and AU still doing well, target is just above the daily open. But overall for the week Im down. I reduced my pairs to 6 AU,EU,GU,UJ,UC,EJ. Sorry TooSlow, I can't help myself with only one pair.

Have a good one and see you next week.
Attached Image (click to enlarge)
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  • #7,940
  • Mar 1, 2019 6:32am Mar 1, 2019 6:32am
Too Slow and the pros -- A condition which happens with some regularity. Bar one sets a new daily H or L. Bar two does NOT take out the H or L but also does not cross the H1 open to trigger entry.

OK, no action so far, but if the next bar (3) does cross a) it's open, or b) the open of bar (2) . . . well this looks like it is a decent trade to me.

How do you handle this . . .or are you waiting for a clear cut qualified bar 2 entry each and every?

Great weekend to you. I am getting there.

FS
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