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Trading is as simple as 1-2-3

  • #10,481
  • Jan 1, 2021 3:43pm Jan 1, 2021 3:43pm
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.
  • #10,482
  • Jan 2, 2021 3:39am Jan 2, 2021 3:39am
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.
  • #10,483
  • Jan 2, 2021 3:41am Jan 2, 2021 3:41am
Quoting Eve55
{quote}
Hi Eve. Long time.no see. Hope you are well. Happy New Year and all that!
  • #10,484
  • Jan 2, 2021 3:48am Jan 2, 2021 3:48am
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
  • #10,485
  • Jan 3, 2021 6:58pm Jan 3, 2021 6:58pm
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?
  • #10,486
  • Jan 3, 2021 9:31pm Jan 3, 2021 9:31pm
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.
  • #10,487
  • Jan 3, 2021 9:50pm Jan 3, 2021 9:50pm
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.
  • #10,488
  • Jan 4, 2021 8:57pm Jan 4, 2021 8:57pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 63 KB

HAPPY 2021!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,489
  • Jan 5, 2021 4:14am Jan 5, 2021 4:14am
Attached Image (click to enlarge)
Click to Enlarge Name: 1521eg.png Size: 19 KB
Short EG +5 locked
  • #10,490
  • Jan 5, 2021 5:20am Jan 5, 2021 5:20am
Quoting hal7
{image}Short EG +5 locked
Happy New Year Hal. Keep going, your public needs you.
Great thread as usual.
every Saint has a past. Every Sinner has a Future
  • #10,491
  • Jan 6, 2021 2:37am Jan 6, 2021 2:37am
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!
  • #10,492
  • Jan 6, 2021 2:38am Jan 6, 2021 2:38am
Attached Image (click to enlarge)
Click to Enlarge Name: 1621eu.png Size: 17 KB
Short EU +5 locked
  • #10,493
  • Jan 7, 2021 2:48am Jan 7, 2021 2:48am
Attached Image (click to enlarge)
Click to Enlarge Name: 1721gu.png Size: 20 KB
Long GU +5 locked
  • #10,494
  • Jan 7, 2021 7:41am Jan 7, 2021 7:41am
USDYPY sell +5
Attached Image (click to enlarge)
Click to Enlarge Name: 01.07.2021-1.jpg Size: 74 KB
  • #10,495
  • Jan 7, 2021 8:25am Jan 7, 2021 8:25am
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
Attached Image (click to enlarge)
Click to Enlarge Name: 01.06.2021-1.jpg Size: 72 KB
  • #10,496
  • Jan 7, 2021 8:27am Jan 7, 2021 8:27am
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.
  • #10,497
  • Jan 8, 2021 3:18am Jan 8, 2021 3:18am
Attached Image (click to enlarge)
Click to Enlarge Name: 1821jy.png Size: 19 KB
Short JY +5 locked
  • #10,498
  • Jan 9, 2021 5:35pm Jan 9, 2021 5:35pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 58 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,499
  • Jan 11, 2021 2:19am Jan 11, 2021 2:19am
Attached Image (click to enlarge)
Click to Enlarge Name: 11121gj.png Size: 17 KB
Long GJ +5 locked
  • #10,500
  • Jan 11, 2021 5:10pm Jan 11, 2021 5:10pm
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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