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Triple timeframe system

  • #101
  • Aug 5, 2008 4:30am Aug 5, 2008 4:30am
All right, lite27. Thank you for your attention and questions. The 123 pattern on E/J daily chart is here. And you can see RSI 14 < 50 on daily chart now

http://picnac.com/images/2151ej050808c.gif

Check weekly chart - sthochastic 40,3,3 is crossing down, ok.

http://picnac.com/images/4872ej050808d.gif


we have in mind that E/J has reversed. All we have to do is seeking a good point of time for entry. Just move to a lower TF (H4) and wait for price to cross down 50 EMA again. As you can see, everything happened exactly as what we waited for...

http://picnac.com/images/6124ej050808e.gif

  • #102
  • Aug 5, 2008 5:05am Aug 5, 2008 5:05am
Sell EURR/GBP at 0.7916
SL at 0.7946
TP 1: 0.7891
TP 2: 0.7976

http://picnac.com/images/8227eg050808.gif


P/s: Be careful with this trade because we have an opposite 1-2-3 pattern on daily TF chart. Don't be greedy, just earn a few pips (if we can ) and wait for LONG signal tomorrow on H4 chart (Like what we did with E/J).


http://picnac.com/images/2196eg050808b.gif



  • #103
  • Aug 5, 2008 7:00am Aug 5, 2008 7:00am
Dear Vinex, thank you very very much! Your explanation of todays trade was absolutely clear. How could I not see myself such a clear set up in euro/jpy?! Just another 1 question. The candle must close above/under 50EMAon the lower time frame or just cross it? I see 123 patterns on 30 and 15 min. on USD/JPY. What do you think about this set up? Thanks once more, Chears
  • #104
  • Aug 5, 2008 7:59am Aug 5, 2008 7:59am
hi vinax

Im so happy for you making all the money. may you be bless with abundance of love, health and wealth......

Thanks for sharing
  • #105
  • Aug 5, 2008 9:28am Aug 5, 2008 9:28am
Would this be a 123 Sell pattern for the UJ?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 2.png Size: 17 KB
  • #106
  • Aug 5, 2008 7:57pm Aug 5, 2008 7:57pm
Quoting milewski
Would this be a 123 Sell pattern for the UJ?

Thanks
I'm sorry for being late here.
About the 123 pattern of U/J you showed: We have to wait for point 2 to be broken and candle(s) to close below/above it for a real 1-2-3 pattern. Good luck!
  • #107
  • Aug 5, 2008 8:21pm Aug 5, 2008 8:21pm
Quoting lite27
Dear Vinex, thank you very very much! Your explanation of todays trade was absolutely clear. How could I not see myself such a clear set up in euro/jpy?! Just another 1 question. The candle must close above/under 50EMAon the lower time frame or just cross it? I see 123 patterns on 30 and 15 min. on USD/JPY. What do you think about this set up? Thanks once more, Chears
Yes, you should wait the candle to close. Sometimes, price just tests 50 ema then suddenly turns back without any "excuse me" words!
  • #108
  • Aug 5, 2008 8:23pm Aug 5, 2008 8:23pm
Try earning some more pips with E/J:
Buy E/J at 167.78
TP 1: 168.18
TP 2: 168.58
SL: 167.38

http://picnac.com/images/7009ej060808.gif

  • #109
  • Aug 5, 2008 11:15pm Aug 5, 2008 11:15pm
Hi to all. I see a buy signal on 1H Euro/USD chart. Vinafx what do you think about? Chears,
  • #110
  • Aug 5, 2008 11:48pm Aug 5, 2008 11:48pm
Quoting lite27
Hi to all. I see a buy signal on 1H Euro/USD chart. Vinafx what do you think about? Chears,
I can't see 123 pattern on E/U H1 and RSI is still blow 50. Have a look at G/U H1, wait for 123 pattern to appear and RSI > 50. If so, buy /G/U or E/U if you want. Good luck!
  • #111
  • Aug 6, 2008 12:36am Aug 6, 2008 12:36am
Thank you Vinafx!
  • #112
  • Aug 6, 2008 12:43am Aug 6, 2008 12:43am
http://picnac.com/images/4194eu060808.gif
Ok now
Buy E/u at 154.98
TP 1: 155.28
TP 2: 155.48
SL: 154.68
  • #113
  • Aug 6, 2008 12:51am Aug 6, 2008 12:51am
Buy G/U at 155.80
TP 1: 196.10
TP 2: 196.40
SL: 195.50

http://picnac.com/images/2896gu060808b.gif

  • #114
  • Edited 2:23am Aug 6, 2008 1:43am | Edited 2:23am
Would you like to buy some gold for your wife?
P1: Buy at 880.25 TP at 890.0
P2: Buy at 884.30 TP at 900.0
SL both at 800


http://picnac.com/images/9988gold.gif

  • #115
  • Aug 6, 2008 3:35pm Aug 6, 2008 3:35pm
Hey VinaFX,

Maybe I will explain myself better, again I attached a pic now I made note of a 123 but the question is after the 123 it is a long time before it is broken, could this still classify as a 123 or does the break need to happen right after the formation?

Thanks again for your help!
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 1.png Size: 17 KB
  • #116
  • Aug 6, 2008 10:36pm Aug 6, 2008 10:36pm
Quoting milewski
Hey VinaFX,

Maybe I will explain myself better, again I attached a pic now I made note of a 123 but the question is after the 123 it is a long time before it is broken, could this still classify as a 123 or does the break need to happen right after the formation?

Thanks again for your help!
You have a so nice chart! If you traded this 123 pattern, you would earn a big profit!
About your question... I think 123 pattern only says to us that price has broken the highest high or lowest low in the past, which was considered strong resistance or support level, so price has a high probability to continue it's trend and then 123 pattern becomes a good signal. Perhaps break needn't to happen right after the formation but we must make sure that during that period of time, price didn't go beyond point 1.

Regards
  • #117
  • Aug 7, 2008 1:04am Aug 7, 2008 1:04am
TP 1: 79.70
TP 2: 80.20
SL: 77.70

http://picnac.com/images/2478nzdjpy0708.gif

  • #118
  • Aug 7, 2008 1:10am Aug 7, 2008 1:10am
I see 123 patterns on euro/usd,15 min. euro buy. Just stoch on 15 m is oversold. Your opinion?
  • #119
  • Aug 7, 2008 1:20am Aug 7, 2008 1:20am
I can recommend to buy euro/dollar, becouse we have 123 patterns on 1H chart and all requirements of the system are met. to buy about 1.5450
  • #120
  • Aug 7, 2008 1:43am Aug 7, 2008 1:43am
Quoting lite27
I can recommend to buy euro/dollar, becouse we have 123 patterns on 1H chart and all requirements of the system are met. to buy about 1.5450

The trade looks good, lite27! Good luck, friend!
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