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Trading is as simple as 1-2-3

  • #9,301
  • Nov 21, 2019 2:39am Nov 21, 2019 2:39am
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Short JY +5 locked
  • #9,302
  • Nov 21, 2019 4:01am Nov 21, 2019 4:01am
3rd U/j short
Move SL and reduce risk
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80% effort, 20% luck
  • #9,303
  • Nov 21, 2019 4:25am Nov 21, 2019 4:25am
Hello guys, you have more experience than i, so, i have these photos of a system and i cannot figure out what is those indicators in it, the trade system is very profitable, can you tell to me what is the indicators plotted on the chart?


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  • #9,304
  • Nov 21, 2019 4:46am Nov 21, 2019 4:46am
Quoting hal7
{image} Short CF +5 locked
so far as I know, my brother hal7 has never lost a trade. congratulations !!
  • #9,305
  • Nov 21, 2019 5:00am Nov 21, 2019 5:00am
Quoting MrDarren
{quote} so far as I know, my brother hal7 has never lost a trade. congratulations !!
Thank you MrDarren! But actually I did lose one several years ago. But I didn't post it....
  • #9,306
  • Nov 21, 2019 5:01am Nov 21, 2019 5:01am
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Short EG +5 locked
  • #9,307
  • Nov 21, 2019 5:03am Nov 21, 2019 5:03am
Quoting hal7
{quote} Thank you MrDarren! But actually I did lose one several years ago. But I didn't post it....
If you just lost 1 trade than my compliments to you.
Well done.
  • #9,308
  • Nov 21, 2019 5:45am Nov 21, 2019 5:45am
Quoting Merka
{quote} If you just lost 1 trade than my compliments to you. Well done.
Well OK.... I'll fess up, 2
  • #9,309
  • Nov 21, 2019 6:00am Nov 21, 2019 6:00am
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Long CA +5 locked
  • #9,310
  • Nov 21, 2019 7:27am Nov 21, 2019 7:27am
Quoting hal7
{quote} Well OK.... I'll fess up, 2
That's great anyway hal7!
I see you periodically opst your charts with your trades. But there are from opportunities during the day to enter the trades. There is a question - on what criteria or the reasons you fulfill only those trades which you publish? Because of what reasons you do not trade other setups during the day (which comply with the rules of this method)?

P.S. Btw, when you tell me, that your stop on sell trade is above new daily high +5 - I see that (as an example) like NDH is 0.64267, your stop 0.64272. And vice versa on buy, just -3. Right?

With best regards.
  • #9,311
  • Nov 21, 2019 7:46am Nov 21, 2019 7:46am
Quoting TooSlow
{quote} WARNING When price breaks through yesterday's high or low, that is a breakout! Trade the reversal with caution. Have you read this before? If not, then you have not read this thread.
Hello Tooslow, I asked earlier about that and got no answer. I want it to be clear to me. Correct me please, if I'm wrong. So, for example, if we have today a New Daily High and we have a breakout of Yesterday's Day High, we should buy intead of sell? If yes - where should we place our stop loss? I just can't get what you mean when you say - Trade the reversal.
Thanx in advance for your patience because of mine questions.

Best regards.
  • #9,312
  • Nov 21, 2019 8:23am Nov 21, 2019 8:23am
Quoting collectionof
Trading is indeed as simple as 123 . Candlesticks are pure noise. Watch Geometrical magic in action. {image} {image} {image} {image} {image} {image} {image} {image} {image} {image}
how many box settings do you use?
  • #9,313
  • Nov 21, 2019 8:44am Nov 21, 2019 8:44am
Can anyone please make a video on this method It is very hard to understand the method in written form , thanks.
Always Be +ive
  • #9,314
  • Nov 21, 2019 8:55am Nov 21, 2019 8:55am
This thread is collecting a lot of dross posts that have nothing to do with the approach as at Post 1.
The method is simplicity itself - you just have to try it and stop looking for a holy grail.
No video is needed - Hal alone, has posted hundreds of his trades along with TS. If you cannot grasp how the method is carried out after READING all their posts, then you simply are not trying hard enough.
No short cuts -read all their posts.
every Saint has a past. Every Sinner has a Future
  • #9,315
  • Edited 3:04pm Nov 21, 2019 2:53pm | Edited 3:04pm
Today I look closely without trading ...
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  • #9,316
  • Nov 21, 2019 3:34pm Nov 21, 2019 3:34pm
Quoting ntvm
{quote} Hello Tooslow, I asked earlier about that and got no answer. I want it to be clear to me. Correct me please, if I'm wrong. So, for example, if we have today a New Daily High and we have a breakout of Yesterday's Day High, we should buy intead of sell? If yes - where should we place our stop loss? I just can't get what you mean when you say - Trade the reversal. Thanx in advance for your patience because of mine questions. Best regards.
i believe if yesterday’s high has been broken, then this is a breakout and u should trade with caution (or find another pair), as it is risky stepping in front of a freight train! However, with a bit of experience u can still trade this method in this scenario, nothing changes with the rules except to be a bit more wary. I think its roughly 60 or 70% of D candles have a wick, so the price is gonna move back off the highs (or lows) the majority of times.
  • #9,317
  • Nov 21, 2019 4:37pm Nov 21, 2019 4:37pm
Quoting Italobr
Hello guys, you have more experience than i, so, i have these photos of a system and i cannot figure out what is those indicators in it, the trade system is very profitable, can you tell to me what is the indicators plotted on the chart? {image}
No wiggley lines allowed here.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,318
  • Nov 21, 2019 9:15pm Nov 21, 2019 9:15pm
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I butchered the holo indicator and it is in POST#1.

The blue sock shows the low of the day. The red cap shows the high of the day. When the previous bar doesn't have a sock or a cap then it is not a 1-2-3.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,319
  • Nov 21, 2019 9:34pm Nov 21, 2019 9:34pm
Quoting ntvm
{quote} Hello Tooslow, I asked earlier about that and got no answer. I want it to be clear to me. Correct me please, if I'm wrong. So, for example, if we have today a New Daily High and we have a breakout of Yesterday's Day High, we should buy intead of sell? If yes - where should we place our stop loss? I just can't get what you mean when you say - Trade the reversal. Thanx in advance for your patience because of mine questions. Best regards.
The rules do not talk about buying instead of selling. Trade the reversal means you trade towards the open. Caution means take care to avoid danger or mistakes or losses.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,320
  • Nov 21, 2019 9:35pm Nov 21, 2019 9:35pm
Quoting turnip15
This thread is collecting a lot of dross posts that have nothing to do with the approach as at Post 1. The method is simplicity itself - you just have to try it and stop looking for a holy grail. No video is needed - Hal alone, has posted hundreds of his trades along with TS. If you cannot grasp how the method is carried out after READING all their posts, then you simply are not trying hard enough. No short cuts -read all their posts.
The simple is often difficult due to one's preconceived notions and beliefs.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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