Law Of Chart

Thanks for posting the TTE Pdf....that was awesome....yeah the bar the bar after the brk out and if the next bar fail to make a new high we have our RH..
I think trading simple without indicator seems to be the deal in this market and trading what u see not what u think can lead to more successful winning position consistence..
I will be posting my trades by using the 1-2-3HL-RH with some trendline ....Thankx for your support and have a good weekend..
Don

Guys, I will be using TL channel on 1hr-daily for my TL setup and turn my chart to 5min to pick my entry as early as i can and always trail my profit step by step. i can also decide to close my position by using my TL for my target of market go my way but if not after are perfect 1-2-3HL i will be waiting for profit or sl and this will be a trend following, i am 100% poor in fundamental and this will be ignored in all my trading setup cus this method don't involve news and we are going to do what market want not what we want, in my early trading i experience that everytime i trade bias and pick entry without signal cus my bias say so, i sometime get burn or run into profit vice-versa, such is life...lol
We are always newbie to the market, so we will not be making decision on our own than to stick to our trading rules,but we all knew that market is filled with several emotion, we cant grab all the pips in the market than to pick what is offered and stay out when trend is ranging cus market need to make decision before trend change or continuation from the previous trend after the breakout.
don't try to revenge in the market cus u have some losing position, it's bad and make things worse, it's hard to archive patience but believe me it's the best thing in life...a proverb says if u want to eat with lion u must turn to lion. so we need sometime to make correction and find the reason to our failures and accept our failure ...failure teaches success..market always give if we follow and take back if we trade what we think against the market.
Thanks for reading and i look forward to ur support..
Cheers Don

It's this the indy you use ?

i used show123v2....i will not be using indi beside the 1-2-3HlL,RH and Brkout counting indi just to give me less stress in counting and will make it more easy for me.. and after reading the book and my knowledge in finding the 1-2-3-RH i will put my eye on the counting and will know if the indi counting is wrong ..
i was a indi fun b4 but i think i am such a complicated guy to use indi, i found out while i was checking the reason for some of my failures in my trading background.
you are free to use what u want but i am more fun of using TL now to keep it more simple..
thanks for your support and let see what this coming week bring to us...cheers..Don

Looking forward to your thread Don

Okay EU forming another bearish 1-2-3H after the last 1-2-3H that started since June and completed in June and breakout in July before RH in august and price continue up trend.. if the weekly 1-2-3H and RH still hold i am looking at my smaller tf this week with my sl for my entry and trailing if position run into profit...the 1-2-3 on weekly is not complete yet until price go below point 2, and still valid if price don't go above point 1 but when such pattern form on bigger tf it need special focus and entry dis does not mean price may not continue uptrend but it's a bearish signal that the current uptrend that started early this year is about to end..
thanks ..Don

This is a formation that gives the origin and end of price movement as it has been proved that no reversal is completed with formation of 123.
Similarly, 123 formation can be compared with the great Eliot wave if well understood.
But i think DON i m proud of u for opening this thread.

Prince_larri

good morning, I was in bed when the first set up came but price have pill back to a point and formed another pattern..i am taking the RH as i just woke up and will only pick entry and trail when i am on pc will not let profit position run into loses ..entry turning to pivot is better than losing 1pip..
I am looking to adjust and might pick the TTE, tight sl and trail profit till it close or close when it's time for pull back ..

oh my big bro, that is true and i am Glad you introduce me into it for having you on FF, well i always doubt and wondering this pattern but after my conversation with you on many occasion i try to ignore u but now i think u make sense, this stuffs come more often..you are welcome and i look forward to you support, so i can get better since u are more pro in this law of chart..

http://www.forexfactory.com/showpost...stcount=202884
http://www.forexfactory.com/showpost...stcount=202860

friyo my broda, i dey feel u!

u r alwayz excited and willing to learn new thing....... i smile anytime i see ur posts.

well done

thise indy repaint? or its work real time?

Thanx...only newbie of the market

this is a counting indi just to view the point 1-2-3 of HL and RH, it's nothing much but just to have less street in counting the H&L and RH...keep it simple

Kinda busy cant post, ...catching good time with gu ..lost some set up on eu..

keep it simple nice..trade...another gj i took after the brk of 1-2-3L and price came back down before it form a valid breakout so i used TTE in that entry...
Trailing ...

asia trade set up ...

miss this trade ...shhhhhhh

GJ target weekly brkout bar.....