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Daily Chart 3-Candle

  • #1,221
  • Nov 17, 2019 2:26pm Nov 17, 2019 2:26pm
Quoting ctdthieu189
[quote = simoneg; 12528900] {quote} Xin chào ctdthieu189, Xin lỗi tôi chỉ đang xem bài viết của bạn. Nếu bạn đang đề cập đến Hệ thống 3 nến, các biến quan trọng nhất là: 1. Thanh 1, 2 & 3 2. Thanh 3 có mức thấp thấp hơn Thanh 1 & 2 (Mua Cài đặt) HOẶC Thanh 3 có mức cao cao hơn Thanh 1 & 2 (Thiết lập bán) 3. Thanh 3 đóng cao nhất so với mở và đóng...
Hi ctdthieu189,

I do not use indicators, my best recommendation is scanning the higher timeframe for a good gauge of the overall trend. So for H4 refer to daily.
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  • #1,222
  • Nov 19, 2019 11:39pm Nov 19, 2019 11:39pm
Hello simoneg,
I have spent a fair amount of time going back over the setups, but only on the daily time frame.
What percent of accuracy would you give for this method. I'm asking this to see if I am missing out on some detail as I give the method an accuracy of 65%, which I believe is good..
  • #1,223
  • Nov 20, 2019 12:25am Nov 20, 2019 12:25am
hi simoneg please send me telegram link.
ciao
a side note. this system is best analysing on a daily chart and then going down to the lower time frames, once you have established the support resistance on the daily.
  • #1,224
  • Nov 20, 2019 2:31pm Nov 20, 2019 2:31pm
Quoting peterhenders
Hello simoneg, I have spent a fair amount of time going back over the setups, but only on the daily time frame. What percent of accuracy would you give for this method. I'm asking this to see if I am missing out on some detail as I give the method an accuracy of 65%, which I believe is good..
Hi Peter,

The win rate will largely vary for m trader to trader and one's experience trading the system.
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  • #1,225
  • Nov 20, 2019 3:16pm Nov 20, 2019 3:16pm
Hello Simoneg, I went through all of your thread and love this simple strategy as I have been trading it for a while now, so thank you very much for sharing with us. Can you please send me a link for your Telegram group, as that would be very much appreciated ??
  • #1,226
  • Nov 21, 2019 7:23am Nov 21, 2019 7:23am
Hi simoneg, this seems an interesting system, please send me a link to the telegram group.
  • #1,227
  • Nov 22, 2019 4:55am Nov 22, 2019 4:55am
is this a correct trade?
do i have to wait #bar3 to close?
or i can trade when price break #bar1?
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD.jpg Size: 118 KB
  • #1,228
  • Edited 8:30am Nov 22, 2019 8:12am | Edited 8:30am
From post #1.
3. BAR#3 closes below the CLOSE PRICE OF BAR#1 (if BAR#1 has a BULLISH BODY) OR below the OPEN PRICE
OF BAR#1 (if BAR#1 has a BEARISH BODY).
4. Open a SELL TRADE OR SELL LIMIT at BAR#1's OPEN (if BAR#1 has a BEARISH BODY) or at the CLOSE (if BAR#1 has a BULLISH BODY)
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,229
  • Nov 23, 2019 2:43am Nov 23, 2019 2:43am
One more Question
is this a correct BUY REJECT?
do i have to wait to new Bar1 to close?
or i can trade when its confirmed BUY REJECT?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 21 KB
  • #1,230
  • Edited 4:13am Nov 23, 2019 3:53am | Edited 4:13am
From post #1.
Buying Rejection levels are found at the HIGHEST BULLISH CLOSE PRICE of a Swing Low.
4. If you are in a long/buy trade and price keeps failing (not able to close above) at the close price of the Highest Bullish Close Price of the Swing Low Structure, the market could be looking to go bearish, protect your trade or take profits. Otherwise, stronger buying ahead.

My own interpretation.
Buy reject when the next candle is unable to close above the line.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 15 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,231
  • Nov 23, 2019 10:12pm Nov 23, 2019 10:12pm
hi all.. been trying this strategy for some time.. will try to be active with the pictures of trades.

btw can i have the link for the telegram group?
  • #1,232
  • Nov 24, 2019 3:09pm Nov 24, 2019 3:09pm
Please may I have the link to the telegram group Simoneg.

Many thanks
  • #1,233
  • Nov 25, 2019 3:24am Nov 25, 2019 3:24am
please keep in mind, we are NOT trading the 123 patterns (introduced on page#1) on telegram group.
we are only trading the best levels...
trading is like dancing, don't think and just listen to the music!
  • #1,234
  • Nov 26, 2019 7:21am Nov 26, 2019 7:21am
Quoting birdland
please keep in mind, we are NOT trading the 123 patterns (introduced on page#1) on telegram group. we are only trading the best levels...
I would say mainly best levels birdland, some persons combine the best levels with the 3 Candle.
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  • #1,235
  • Nov 26, 2019 8:30am Nov 26, 2019 8:30am
Quoting Inthebox
My own interpretation. Buy reject when the next candle is unable to close above the line. {image}
Will see.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 15 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,236
  • Nov 26, 2019 3:15pm Nov 26, 2019 3:15pm
Quoting birdland
please keep in mind, we are NOT trading the 123 patterns (introduced on page#1) on telegram group. we are only trading the best levels...
Can you please send us the link for the Telegram group, I posted this question 7 days ago now to Simoneg and no resposne.
  • #1,237
  • Nov 27, 2019 1:06am Nov 27, 2019 1:06am
I have asked for this to but not received it to date...
  • #1,238
  • Edited 5:57am Nov 27, 2019 5:20am | Edited 5:57am
Hi everyone,

Coupled with the fact that I am not on FF every day, I would like to strike a balance as we open this free group.

1. It requires you have a good amount of trading experience. Reasonably 1 year.
2. It requires that you are already trading the best level and 3 candle systems, which you will only come to improve on in the group.
3. It is not a signal service, traders are only sharing their ideas.

If you feel happy with the above. And can truthfully say yes to all, let's go! Send me a PM and I will send you the link to the telegram group.

Blessings.
Simone
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  • #1,239
  • Nov 27, 2019 7:32am Nov 27, 2019 7:32am
Ive been trading for several years but still a Jnr member here. So can't PM anyone !
  • #1,240
  • Nov 27, 2019 8:03am Nov 27, 2019 8:03am
Quoting clarky8325
Ive been trading for several years but still a Jnr member here. So can't PM anyone !
Just post a couple of the trades you are taking with the strategy and you will be good in a few.
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