What's wrong with 123 Pattern 25 replies
bo7a method... method for GBP/JPY 205 replies
easy as 123 profittable system 20 replies
Calling to all Programmers! let's remake this 123 indicator 1 reply
Someone can introduce me to the 123 system? 15 replies
DislikedPrice has reached my BE point on eurusd. I'm currently over 350 pips in profit on this pair.
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Another pair of interest to me is the AudJpy..
Entries 1 and 2 and 3 is given[shown on the first 3 charts]..but i'll look for a retrace and mark new 123 points on the weekly following the zig-zag indicator [or use your naked eyes..zig zag is just to highlight waves]...shown on chart no 4
DislikedNice one...
So this is a new month and time to fish for new opportunities....
Here's what i'm expecting.....
First ...USDCAD
Monthly tf, the Macd is down
Weekly tf....Macd is down, and 123 is in the making...this will be...Ignored
DislikedAnother pair of interest to me is the AudJpy..
Entries 1 and 2 and 3 is given[shown on the first 3 charts]..but i'll look for a retrace and mark new 123 points on the weekly following the zig-zag indicator [or use your naked eyes..zig zag is just to highlight waves]...shown on chart no 4
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DislikedAnother candidate may be EUR/CHF, weekly is in buy mode however we should wait for a fractal bar to form on weekly to confirm the fib levels and then wait for the daiy to retrace to around 50% level and turn into buy mode.Ignored
DislikedThis is one pair that I stay away from because I don't like the erratic price action. Look at my charts. As you can see, the monthly is in sell mode, the weekly is in sell mode, and the daily is currently in buy mode and appears to be going into sell mode. But look at the price action on the weekly and daily charts. There are no real 123 patterns because price action is too choppy. I personally would just ignore this pair.
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DislikedYes lgtj, no 123 yet and thats why i said its forming....i've checked and seen that it works well on this pair too as it does for most if nt all pairs as well...
Howard, i dnt know why, but the revious closed week on my charts shows Chf weekly macd in sell mode, but am positive it will cross to buy mode by this week's close, so i'll be watching....
GJ is still valid for Long when 4hr macd heads up...will post charts as soon as i can.....
Well done guys..i see great potential in this thread...Ignored
DislikedAnother candidate may be EUR/CHF, weekly is in buy mode however we should wait for a fractal bar to form on weekly to confirm the fib levels and then wait for the daiy to retrace to around 50% level and turn into buy mode.Ignored
DislikedHere's what i see on GJ....Monthly is in buy mode....
There was an ealier entry which actually gave 100+ pips before retracing...but i believe we still may have an opportunity to go long again...
On the weekly,......a break of 135.758 should give us a long entry...
On the daily.......a possible 123 again may give entry on the 4 hr tf
Will watch closely and try to post updates here....Ignored
DislikedGbpjpy daily macd went back into sell mode yesterday. Although the weekly macd is still in buy mode, it is showing weakness. I'll be on the sidelines with this pair for now.
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DislikedLook at these charts of gbpusd. First, the monthly chart macd is in buy mode. Second, the weekly chart macd is in buy mode and formed a 123 pattern. Third, price retraced, and the macd went into sell mode on the daily chart. Fourth, the macd went back into buy mode. I'm currently in entries 1 and 2, and I'm patiently waiting on entry 3.
Entries on the daily chart:
1) early entry
2) add-on entry
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Simple method, but very powerful!!!Ignored