Trading is as simple as 1-2-3 | Page 422 | Forex Factory

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Trading is as simple as 1-2-3

  • #8,421
  • May 28, 2019 9:36am May 28, 2019 9:36am
Shorted AUD/USD, was probably half a pip away from +5 so that I could move to BE+1, completely retraced and blew out the Daily high. Ouch. One of those days?
  • #8,422
  • May 28, 2019 9:41am May 28, 2019 9:41am
Quoting Davidh061
{quote} I know the feeling! EU seems to be in a tight channel today - something to do with the European elections and minister selection process?
All major pairs and specially the myth around Eu and Gu,many traders deal in these pairs so MM and brokers like to play and mess up with these pairs.
  • #8,423
  • May 28, 2019 9:49am May 28, 2019 9:49am
Traders must learn the method as presented first. Then master it. Only then can you make it your own. Failure to follow this progression is the reason you fail. Empty your cup.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,424
  • May 28, 2019 9:57am May 28, 2019 9:57am
Hi TooSlow,

Personally I don't think it warrants any changes at all in order to make it your own.

I am still plodding on and progress is slow......or is it me!

Cheers DT
  • #8,425
  • May 28, 2019 9:59am May 28, 2019 9:59am
One more at Break Even. DT
Attached Image (click to enlarge)
Click to Enlarge Name: BE trade.png Size: 63 KB
  • #8,426
  • May 28, 2019 10:13am May 28, 2019 10:13am
Quoting doubletop
Think your right Davidh061, been a long day for me.... just how it goes Hope it's going well for you DT
Not much better DT! Just got onto a HOLO on UC - will post on that thread, cheers, Dave
Everything should be made as simple as possible, but no simpler - Einstein
  • #8,427
  • May 28, 2019 10:20am May 28, 2019 10:20am
Thank you for your reply Davidh061 Just me being nosey

DT
  • #8,428
  • May 28, 2019 2:48pm May 28, 2019 2:48pm
EURJPY Exit at +6 DT
Attached Image (click to enlarge)
Click to Enlarge Name: +6.png Size: 63 KB
  • #8,429
  • May 29, 2019 1:29am May 29, 2019 1:29am
I think I'm getting somewhere with this. Things I have noticed, if the 8am (UTC) candle sets a high or low, the 9am UTC market open candle for london isn't nearly as successful in reversing as other times during the day. I guess not trading the market open stands true even for this method. Does this concur with any of the more experienced 1-2-3 traders here?
  • #8,430
  • May 29, 2019 2:03am May 29, 2019 2:03am
Well I'm going long EJ anyway so let's see if it wins. XD conditions for entry have been met
  • #8,431
  • May 29, 2019 2:24am May 29, 2019 2:24am
Okay, that went bad. But I just realised I was well below yesterday's low. Now I'm learning. This is good
  • #8,432
  • May 29, 2019 3:01am May 29, 2019 3:01am
Attached Image (click to enlarge)
Click to Enlarge Name: 052919eg.png Size: 18 KB

Long EG +5 locked
  • #8,433
  • May 29, 2019 3:13am May 29, 2019 3:13am
Quoting aurifelix
Okay, that went bad. But I just realised I was well below yesterday's low. Now I'm learning. This is good
Me too!
Everything should be made as simple as possible, but no simpler - Einstein
  • #8,434
  • May 29, 2019 5:16am May 29, 2019 5:16am
Attached Image (click to enlarge)
Click to Enlarge Name: 052919ej.png Size: 16 KB

Long EJ +5 locked been in this trade for several hours now, just missed getting stopped, now +14.
  • #8,435
  • May 29, 2019 5:33am May 29, 2019 5:33am
Quoting aurifelix
I think I'm getting somewhere with this. Things I have noticed, if the 8am (UTC) candle sets a high or low, the 9am UTC market open candle for london isn't nearly as successful in reversing as other times during the day. I guess not trading the market open stands true even for this method. Does this concur with any of the more experienced 1-2-3 traders here?
This is kind of stating the obvious but it depends on the pair. It is different with the indices as well. You are beginning to see the truth in us saying that it is important to learn the behaviour of your chosen pair or handful of pairs inside out.
  • #8,436
  • May 29, 2019 5:56am May 29, 2019 5:56am
Quoting hal7
{image} Long EJ +5 locked been in this trade for several hours now, just missed getting stopped, now +14.
Nice one Hal7, I did get stopped out!
Everything should be made as simple as possible, but no simpler - Einstein
  • #8,437
  • May 29, 2019 7:09am May 29, 2019 7:09am
Quoting Davidh061
{quote} Nice one Hal7, I did get stopped out!
Well in looking at it a second time I was wondering how I didn't get stopped. I usually set 3 below the low. In this case I had forgotten to set the stop and and had a few extra in there. Just luck from the oversight.
  • #8,438
  • May 30, 2019 3:31am May 30, 2019 3:31am
Attached Image (click to enlarge)
Click to Enlarge Name: 053019gu.png Size: 17 KB

Long GU +5 locked
  • #8,439
  • May 30, 2019 5:45am May 30, 2019 5:45am
Attached Image (click to enlarge)
Click to Enlarge Name: 053019au.png Size: 16 KB

Short AU +5 locked
  • #8,440
  • May 30, 2019 7:01am May 30, 2019 7:01am
Attached Image (click to enlarge)
Click to Enlarge Name: 053019nz.png Size: 17 KB

Short NZ +5 locked
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