Someone can introduce me to the 123 system? | Forex Factory

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Someone can introduce me to the 123 system?

  • #1
  • First Post: Sep 22, 2004 5:40pm Sep 22, 2004 5:40pm
Someone can introduce me to the 123 system?
If I can get explanation here its great. any links will be great to.
Regards, Ido
  • #2
  • Sep 22, 2004 8:48pm Sep 22, 2004 8:48pm
Knossos might have the answer to your question, but I think the 123 system goes something like this:

1) open a position in the market;

2) place a stop loss order;

3) place a take profit order.

  • #3
  • Sep 23, 2004 2:47am Sep 23, 2004 2:47am
Idobrickner,

I think I have what you are after but it is a pdf file so if you drop me an e-mail at [email protected] I'll try and get it to you. Cheers.
JAGfx
  • #4
  • Sep 23, 2004 4:55am Sep 23, 2004 4:55am
I need some help understanding the concept of point and figure charts.
Regards, Ido
  • #5
  • Sep 23, 2004 6:28am Sep 23, 2004 6:28am
Quoting idobrickner
I need some help understanding the concept of point and figure charts.

Go to http://www.dorseywright.com/cgi-bin/foxweb.exe/fwuniv and start learning.
  • #6
  • Sep 23, 2004 8:57am Sep 23, 2004 8:57am
Quoting marejp
Go to http://www.dorseywright.com/cgi-bin/foxweb.exe/fwuniv and start learning.
not working link
Regards, Ido
  • #7
  • Sep 23, 2004 9:38am Sep 23, 2004 9:38am
http://www.dorseywright.com/cgi-bin/...exe/fwuniv.htm
  • #8
  • Sep 23, 2004 12:22pm Sep 23, 2004 12:22pm
Sorry about the link ido - thank you for the correction sidekick
  • #9
  • Sep 24, 2004 5:20am Sep 24, 2004 5:20am
Quoting marejp
Sorry about the link ido - thank you for the correction sidekick
Thank you very much
Regards, Ido
  • #10
  • Sep 26, 2004 10:46pm Sep 26, 2004 10:46pm
Idobrickner,
I like the dorsey site as it has some good info, but if you have difficulty following the concepts, I bought 'The Point & Figure Method' by Victor DeVilliers and Owen Taylor. This book was written in 1934 but there is a reprint available. It is excelllent reading and teaches alot about cycles and reversals in market movement.

My 2 cents,
  • #11
  • Sep 27, 2004 8:42am Sep 27, 2004 8:42am
Quoting Futuretrader
Idobrickner,
I like the dorsey site as it has some good info, but if you have difficulty following the concepts, I bought 'The Point & Figure Method' by Victor DeVilliers and Owen Taylor. This book was written in 1934 but there is a reprint available. It is excelllent reading and teaches alot about cycles and reversals in market movement.

My 2 cents,
Do you find this method good?
Its makes you a profitble trader?
Regards, Ido
  • #12
  • Sep 27, 2004 10:47am Sep 27, 2004 10:47am
I find this method useful for finding the long term trend when I am looking to enter a position. I tend to do more position trading and swing trading no day trading.Yes it does work, but you must be patient with setting up your charts before you use it for live trades. Papertrade it until you are very confident with it's use.

My 2 cents
  • #13
  • Jun 13, 2009 2:03pm Jun 13, 2009 2:03pm
AFAIK this system only works for higher timeframe like D1 right?
  • #14
  • Jun 13, 2009 2:21pm Jun 13, 2009 2:21pm
Quoting idobrickner
Someone can introduce me to the 123 system?
If I can get explanation here its great. any links will be great to.
Hi Idobrickner,

Hope the attached file is what you are looking for? Alternatively, you could search google as there is a ton of stuff on 1-2-3 system.

http://www.tradeprofitably.com/The_1...ng_System.html

Z
Attached File(s)
File Type: pdf 1-2-3 High & Lows.pdf   187 KB | 1,380 downloads
  • #15
  • Jun 13, 2009 4:18pm Jun 13, 2009 4:18pm
Can you both artists tell me which kind of drugs you are using?

This thread (and with that the question) is 5 years old.
  • #16
  • Last Post: Jun 13, 2009 6:45pm Jun 13, 2009 6:45pm
Quoting cobraforex
Can you both artists tell me which kind of drugs you are using?

This thread (and with that the question) is 5 years old.
This thread is 'dead' and those who wrote here also seem to have given up on FF a long time ago. I noticed this but your reply came before i could edit out my initial reply. I guess i was doing too many things at the same time and didn't notice until after my posting. Even then, i thought it was funny to have done this.

I also found it funny you picked up on this that quickly and i love the way you worded your reply. I've been laughing ever since.

Z
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