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Trading is as simple as 1-2-3

  • #10,861
  • Jun 25, 2021 2:15am Jun 25, 2021 2:15am
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Long CF +5 locked
  • #10,862
  • Jun 25, 2021 2:43am Jun 25, 2021 2:43am
EU sell +5 ( HOLO +4,-4)
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  • #10,863
  • Jun 27, 2021 10:17pm Jun 27, 2021 10:17pm
Short Chfjpy, late entry
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  • #10,864
  • Jun 28, 2021 3:18am Jun 28, 2021 3:18am
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Short GJ +5 locked
  • #10,865
  • Jun 29, 2021 4:44am Jun 29, 2021 4:44am
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Short EG +5 locked
  • #10,866
  • Jun 29, 2021 4:59am Jun 29, 2021 4:59am
AU buy +
UJ sell +
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  • #10,867
  • Jun 29, 2021 10:40pm Jun 29, 2021 10:40pm
Quoting havenoidea
Short Chfjpy, late entry {image}
+79pips
  • #10,868
  • Jun 29, 2021 10:42pm Jun 29, 2021 10:42pm
Short Chfjpy again, & again late entry
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  • #10,869
  • Jun 30, 2021 3:36am Jun 30, 2021 3:36am
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Short EG +5 locked
  • #10,870
  • Jun 30, 2021 4:35am Jun 30, 2021 4:35am
If anybody is interested, I created a ridged rules based trading system based on this entry method and tested it 100 times in a row.

Inserted Video


Regards.
  • #10,871
  • Jun 30, 2021 11:44am Jun 30, 2021 11:44am
Quoting TradersLand
If anybody is interested, I created a ridged rules based trading system based on this entry method and tested it 100 times in a row. https://youtu.be/_K80lk-fP5M Regards.
Mate I'm not sure.. But I don't think this is the correct strategy that u tried .. I don't know how u set ur bias based on daily open to be honest..
Because you entered below the low of the bar that makes HH.. But I think (I'm studing right now this things) that you should entry when price should go through the open of the current bar, after testing the High of previous..
Hope someone will reply me
  • #10,872
  • Jun 30, 2021 12:16pm Jun 30, 2021 12:16pm
Quoting Mattsmooked
{quote} Mate I'm not sure.. But I don't think this is the correct strategy that u tried .. I don't know how u set ur bias based on daily open to be honest.. Because you entered below the low of the bar that makes HH.. But I think (I'm studing right now this things) that you should entry when price should go through the open of the current bar, after testing the High of previous.. Hope someone will reply me
I am not going to opine on this, however if anybody would like me to test it a different way I certainly can.
  • #10,873
  • Jun 30, 2021 12:21pm Jun 30, 2021 12:21pm
Quoting TradersLand
{quote} I am not going to opine on this, however if anybody would like me to test it a different way I certainly can.
Absolutely .. I wrote it because I do not wish I did not understand the strategy well .. It was a purely rhetorical question
  • #10,874
  • Jun 30, 2021 12:42pm Jun 30, 2021 12:42pm
Quoting Mattsmooked
{quote} Mate I'm not sure.. But I don't think this is the correct strategy that u tried .. I don't know how u set ur bias based on daily open to be honest.. Because you entered below the low of the bar that makes HH.. But I think (I'm studing right now this things) that you should entry when price should go through the open of the current bar, after testing the High of previous.. Hope someone will reply me
You are correct. Trade is entered as price crosses the Open level.
  • #10,875
  • Jun 30, 2021 1:00pm Jun 30, 2021 1:00pm
Quoting lemercenaire
{quote} You are correct. Trade is entered as price crosses the Open level.
Indeed. I used the entire candle for entry in an attempt to mitigate SL's. But I can test it anyway you "guys" want again e.g. changing profit levels, correcting entry levels, etc. . I am just trying to make a system based on Too Slow's entry method to teach new traders that sticking to the system is the key to success. Your input is always appreciated.
  • #10,876
  • Jun 30, 2021 2:19pm Jun 30, 2021 2:19pm
Quoting TradersLand
{quote} Indeed. I used the entire candle for entry in an attempt to mitigate SL's. But I can test it anyway you "guys" want again e.g. changing profit levels, correcting entry levels, etc. . I am just trying to make a system based on Too Slow's entry method to teach new traders that sticking to the system is the key to success. Your input is always appreciated.
The work you are doing here - I have seen your reports on other methods also - is very appreciated, don't get me wrong.

I do feel however that 1-2-3 (and HOLO) are not best suited to a purely mechanical approach. Hence TS' note that no EAs should be introduced to either thread.

Again though, the effort - and the sentiment behind it - is appreciated.
  • #10,877
  • Jun 30, 2021 7:20pm Jun 30, 2021 7:20pm
Quoting TradersLand
{quote} Indeed. I used the entire candle for entry in an attempt to mitigate SL's. But I can test it anyway you "guys" want again e.g. changing profit levels, correcting entry levels, etc. . I am just trying to make a system based on Too Slow's entry method to teach new traders that sticking to the system is the key to success. Your input is always appreciated.
hey buddy! you will make TooSlow get sad & us too, the system it already had been pass the test. & made money for us. Beside that you are not correctly understand the system so well yet!
we got lemercenaire & other members already explained the system in details
  • #10,878
  • Edited 7:40pm Jun 30, 2021 7:24pm | Edited 7:40pm
Short Chfjpy, i never got in at the right moment . so bad i cant sit at the computer & wait for that moment
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  • #10,879
  • Jun 30, 2021 8:10pm Jun 30, 2021 8:10pm
Quoting havenoidea
Short Chfjpy, i never got in at the right moment . so bad i cant sit at the computer & wait for that moment {image}
Was the choice of CHFJPY random, in the sense of it was one chart that set up correctly. If you've used it before, how does it feel?

Reason I ask is that in all my years - and that's a lot, lol - of trading, I don't think I've ever traded it.

Genuinely curious, not asking in a negative way. Sometimes, these exotics can actually perform really well out of left field. For instance, USDCNY was working like a dream on HOLO trades for most of last half year. Note, I do say "was'', as that market has changed just recently and now, well...not so much.
  • #10,880
  • Jun 30, 2021 10:31pm Jun 30, 2021 10:31pm
Quoting havenoidea
Short Chfjpy, i never got in at the right moment . so bad i cant sit at the computer & wait for that moment {image}
trade close, break even
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