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1 2 3 Strategy explained

  • #141
  • Oct 28, 2010 6:11am Oct 28, 2010 6:11am
nice pip go here for the indicators

http://www.forexfactory.com/showthre...250606&page=72 post 1077
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #142
  • Oct 28, 2010 7:17am Oct 28, 2010 7:17am
Quoting longshot_nl
ok gotcha, thanks..!
cu tomorow.

hey long....how is your 123 trading today? any steups today for you?

best regards..
  • #143
  • Oct 28, 2010 8:19am Oct 28, 2010 8:19am
hows this?
if the 4h candle closes below the 2 its a sell right?
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  • #144
  • Oct 28, 2010 8:26am Oct 28, 2010 8:26am
check this out, basic price action looks like 123.
Inserted Video
  • #145
  • Oct 28, 2010 9:31am Oct 28, 2010 9:31am
I am very bearish AUD/JPY, so i trade that..
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  • #146
  • Oct 28, 2010 9:40am Oct 28, 2010 9:40am
AUD/JPY.
The reason is AUD/JPY is a pennat + shakeout.
I'll try to make a short grid here.

If the day closes below the white line, that is a bearish signal according to basic price action.
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  • #147
  • Oct 28, 2010 9:56am Oct 28, 2010 9:56am
update.
another sell level @ blue 2.
the arrows show the white level also seems to affect the 4h timeframe.
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  • #148
  • Oct 28, 2010 10:02am Oct 28, 2010 10:02am
Quoting longshot_nl
AUD/JPY.
The reason is AUD/JPY is a pennat + shakeout.
I'll try to make a short grid here.

If the day closes below the white line, that is a bearish signal according to basic price action.

ouhhh long, how many pairs you trade? i think you need to focus on 1-2 pairs...

if you want ill give you rangebar indi. so you can try it... and try to trade brekouts.. 123.... and try to focus only on gbpusd or eurusd. ...eurjpy....

to trade 10 pairs is to much...
  • #149
  • Oct 28, 2010 10:06am Oct 28, 2010 10:06am
range bar chart.... you see clear picture...
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  • #150
  • Oct 28, 2010 10:27am Oct 28, 2010 10:27am
Quoting Kreator
ouhhh long, how many pairs you trade? i think you need to focus on 1-2 pairs...

if you want ill give you rangebar indi. so you can try it... and try to trade brekouts.. 123.... and try to focus only on gbpusd or eurusd. ...eurjpy....

to trade 10 pairs is to much...
I don't trade all pairs, but i have a view on most of them.
Like GBPUSD is making ABCD to 38.2 retrace.

p.s. in MT4 you can save a picture by right clicking on the chart and then save as photo.
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  • #151
  • Oct 28, 2010 12:25pm Oct 28, 2010 12:25pm
Quoting chaveznqoos
uhmm !!.... secure ???
secure

update:
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  • #152
  • Oct 28, 2010 12:35pm Oct 28, 2010 12:35pm
Last 123 on H4:
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  • #153
  • Oct 28, 2010 1:45pm Oct 28, 2010 1:45pm
this indicator will do the trick just manually add the fibs from 1 to 2 or 2 to 1

sl loss on 3
Attached File(s)
File Type: mq4 show123.mq4   17 KB | 941 downloads
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #154
  • Oct 28, 2010 1:54pm Oct 28, 2010 1:54pm
Quoting zamanib
this indicator will do the trick just manually add the fibs from 1 to 2 or 2 to 1

sl loss on 3
chart
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #155
  • Oct 28, 2010 6:40pm Oct 28, 2010 6:40pm
Quoting zamanib
Got it to work-- most are the bars are equal-- but there are some that is not equal

Ok -- how to load--

1st open 1min regulars chart -- then load the indicator-
2nd then go open ofline chart look for m2 of the currency pair you load on the 1min and open -- most of the bars are equal(to what ever you set it to 10 15 25 pips range)
Hi I cannot get this working, can you please help me, I opened 1m chart and loaded the indicator and them opened offline m2 chart of the same pair but nothing happening. Can you keep other charts open on the platform for the same pair. Your help is appreciated

Thanks
  • #156
  • Oct 28, 2010 8:50pm Oct 28, 2010 8:50pm
Quoting chel
Hi I cannot get this working, can you please help me, I opened 1m chart and loaded the indicator and them opened offline m2 chart of the same pair but nothing happening. Can you keep other charts open on the platform for the same pair. Your help is appreciated

Thanks
most of the bar equal but not all of them--
This indicator does not work 100%
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #157
  • Oct 28, 2010 11:29pm Oct 28, 2010 11:29pm
Continue trading.
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  • #158
  • Oct 29, 2010 12:20am Oct 29, 2010 12:20am
Once again I was convinced that the timetable should be empty. Two loss morning - this confirmation
  • #159
  • Oct 29, 2010 5:02am Oct 29, 2010 5:02am
Quoting Gvl
Continue trading.

you canot trade with this RB indi... its not working properly. ...

and remeber... 2 things... trend and waves....when new trend is on, just flow with the waves... and 123 patern..
  • #160
  • Oct 29, 2010 5:09am Oct 29, 2010 5:09am
Quoting Gvl
Continue trading.

eur-usd
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