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1 2 3 Strategy explained

  • #121
  • Oct 25, 2010 12:04am Oct 25, 2010 12:04am
nice move on the 123--
Attached Image (click to enlarge)
Click to Enlarge Name: 123.gif Size: 17 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #122
  • Oct 25, 2010 12:45am Oct 25, 2010 12:45am
Zamanib what is your pip range on the previous chart?

Regards
  • #123
  • Oct 25, 2010 3:27am Oct 25, 2010 3:27am
[quote=jgoedhals;4119319]Zamanib what is your pip range on the previous chart?

Regards[/quote

15pips
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #124
  • Oct 26, 2010 3:37am Oct 26, 2010 3:37am
New one today...
Attached Image(s) (click to enlarge)
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  • #125
  • Oct 26, 2010 12:41pm Oct 26, 2010 12:41pm
Is it true I've been working today? I am concerned about points 1, 2 and 3.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.jpg Size: 68 KB
  • #126
  • Oct 27, 2010 2:43am Oct 27, 2010 2:43am
I made 2 trades for 123 new formations on EURUSD TF1H
I was right or wrong I approach?
sorry my english
hello
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdtf1.gif Size: 31 KB
  • #127
  • Oct 27, 2010 3:08am Oct 27, 2010 3:08am
Quoting luipie
I made 2 trades for 123 new formations on EURUSD TF1H
I was right or wrong I approach?
sorry my english
hello
Is it possible to share that indicator (triangle )
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #128
  • Oct 27, 2010 5:49am Oct 27, 2010 5:49am
Quoting zamanib
Is it possible to share that indicator (triangle )
that is not an indicator, I have drawn the triangles
  • #129
  • Oct 27, 2010 7:38am Oct 27, 2010 7:38am
Quoting luipie
that is not an indicator, I have drawn the triangles
uhmm !!.... secure ???
  • #130
  • Oct 27, 2010 7:59am Oct 27, 2010 7:59am
Quoting Gvl
Is it true I've been working today? I am concerned about points 1, 2 and 3.
look at may 123 breakout... in flow with the trend... just study the picture.. and you will bee on wright patern next time..
Attached Image (click to enlarge)
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  • #131
  • Oct 27, 2010 11:29am Oct 27, 2010 11:29am
I understand that this technique is very similar to the Ross Hook?
Attached Image (click to enlarge)
Click to Enlarge Name: 3.jpg Size: 71 KB
  • #132
  • Oct 27, 2010 12:15pm Oct 27, 2010 12:15pm
Yes it is similar to ross hook, in ross hook (if i remember well) you enter on the breakout that happen after the breakout and retrace of point 2 (1-2-3-breakout-4-5-breakout of 4 is the entry), it is not very different because the concept is always the same, enter on the breakout of a previous support or resistance.
All this 1-2-3 strategy is nothing but a breakout strategy in all it's simplicity!
  • #133
  • Oct 27, 2010 1:40pm Oct 27, 2010 1:40pm
Decided to share an indicator that helps determine the points 1, 2, 3
Attached File(s)
File Type: mq4 show123_Rh_BB.mq4   48 KB | 947 downloads
  • #134
  • Oct 27, 2010 5:56pm Oct 27, 2010 5:56pm
hi peops, can we please post our trades real time and with before / after pics afterwards so we can learn from it please.
  • #135
  • Oct 27, 2010 6:07pm Oct 27, 2010 6:07pm
How do you like this 123?
Attached Image (click to enlarge)
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  • #136
  • Oct 27, 2010 6:24pm Oct 27, 2010 6:24pm
Quoting longshot_nl
How do you like this 123?
better way is to go with the trend... by your pics you are trying to do 123 patern against the trend.. ..you can win but in most cases you will lose...
  • #137
  • Oct 27, 2010 6:32pm Oct 27, 2010 6:32pm
Quoting longshot_nl
How do you like this 123?

here is the proper scenario for your chart..
Attached Image
  • #138
  • Oct 27, 2010 8:11pm Oct 27, 2010 8:11pm
Heres an update.
Am waiting for a retest of the level to enter a long.
Attached Image (click to enlarge)
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  • #139
  • Oct 27, 2010 8:20pm Oct 27, 2010 8:20pm
changed my mind, confluince at arrow...
i am done for today. later
Attached Image (click to enlarge)
Click to Enlarge Name: forex285.gif Size: 21 KB
  • #140
  • Oct 27, 2010 8:29pm Oct 27, 2010 8:29pm
Quoting Kreator
here is the proper scenario for your chart..
ok gotcha, thanks..!
cu tomorow.
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