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Attachments: Trading is as simple as 1-2-3
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Trading is as simple as 1-2-3

Quoting flashpaul
I am new here in this long thread. Is it correct? With bars, I donīt understand anything. {image}
1-2-3 uses bars to differentiate it from its cousin, HOLO. It is what it is.

Bars show in sequence:

...On a Bull move, from bottom up, Low, Open, Close, High.

...On a Bear move, from top down, High, Open, Close, Low.

Simple.

As it is a New Year and I am in a good mood, here we go...ONE more time:

For Shorts. H1 chart.

1: Did bar 'A' make a new high?

...if yes, then, wait for next bar and...

2: Did bar 'B' fail to make a new high?

...if yes, then...

3: Enter as price crosses back over the Open Level of bar 'B'

Do the opposite for Longs.
Quoting lemercenaire
{quote} 1-2-3 uses bars to differentiate it from its cousin, HOLO. It is what it is. Bars show in sequence: ...On a Bull move, from bottom up, Low, Open, Close, High. ...On a Bear move, from top down, High, Open, Close, Low. Simple. As it is a New Year and I am in a good mood, here we go...ONE more time: For Shorts. H1 chart. 1: Did bar 'A' make a new high? ...if yes, then, wait for next bar and... 2: Did bar 'B' fail to make a new high? ...if yes, then... 3: Enter as price crosses back over the Open Level of bar 'B' Do the opposite for Longs.
Quoting Eve55
{quote}
Hi Eve. Long time.no see. Hope you are well. Happy New Year and all that!
Quoting lemercenaire
{quote} Hi Eve. Long time.no see. Hope you are well. Happy New Year and all that!
Thank you Lem, I wish you and my other teachers TooSlow and hal7 a happy and successful new year
Quoting lemercenaire
{quote} 1-2-3 uses bars to differentiate it from its cousin, HOLO. It is what it is. Bars show in sequence: ...On a Bull move, from bottom up, Low, Open, Close, High. ...On a Bear move, from top down, High, Open, Close, Low. Simple. As it is a New Year and I am in a good mood, here we go...ONE more time: For Shorts. H1 chart. 1: Did bar 'A' make a new high? ...if yes, then, wait for next bar and... 2: Did bar 'B' fail to make a new high? ...if yes, then... 3: Enter as price crosses back over the Open Level of bar 'B' Do the opposite for Longs.
what about SL/targets? Anyone been trading this strategy for a longer period of time? How has trackrecord been? what are your hitrate and gain to loss ratio?
Quoting flashpaul
I am new here in this long thread. Is it correct? With bars, I donīt understand anything. {image}
Also new here is this diagram correct? Because this is also my understanding of it.
Quoting Sunfrog
{quote} Also new here is this diagram correct? Because this is also my understanding of it.
No, it isn't.

Read my post in answer to the original.
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HAPPY 2021!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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Short EG +5 locked
Quoting hal7
{image}Short EG +5 locked
Happy New Year Hal. Keep going, your public needs you.
Great thread as usual.
Quoting turnip15
{quote} Happy New Year Hal. Keep going, your public needs you. Great thread as usual.
Thx turnip15 all the best in the new year!
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Short EU +5 locked
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Long GU +5 locked
USDYPY sell +5
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Quoting lemercenaire
{quote} 1-2-3 uses bars to differentiate it from its cousin, HOLO. It is what it is. Bars show in sequence: ...On a Bull move, from bottom up, Low, Open, Close, High. ...On a Bear move, from top down, High, Open, Close, Low. Simple. As it is a New Year and I am in a good mood, here we go...ONE more time: For Shorts. H1 chart. 1: Did bar 'A' make a new high? ...if yes, then, wait for next bar and... 2: Did bar 'B' fail to make a new high? ...if yes, then... 3: Enter as price crosses back over the Open Level of bar 'B' Do the opposite for Longs.
EURUSD Sell +5
Thank you
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Quoting tantra
{quote} EURUSD Sell +5 Thank you {image}
Perfect. Nice one. As EU has a tendency to range and bounce up and down from the H and L, there are decently long periods that make it very suitable for us here.
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Short JY +5 locked
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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Long GJ +5 locked
Hi everyone. I have been studying this topic for a while. I even went to the first pages and tried to understand. unfortunately, I cannot say that I am very successful. I looked to find a video on YouTube, maybe. Can hal7 or someone else with a good knowledge of the subject shoot and share a live sample video? Thank you for your efforts.
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