123PatternsV6 revisited

Quoting dee50

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{quote} Congrats on the 15 pips There is no such thing as "only X pips" any outcome that preserves or increases capital by any amount is a "winner" Look at the chart more closely. How many candles tried to go lower at the BRN & S&R, did the price close, at any time below the BRN? When price spikes thru a level but does not actually close above/below it, it is an indication that price will move in the opposite direction. Look at the TDI and Stochastic had they both been in Over Sold? Could price have reversed after the entry...

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Quoting pgpb

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thank you for the settings for the show123 indi that is very helpful, it indeed helps clear out the clutter! Can I also ask you for your settings for the 123Patternsv6 here are the default settings {image}

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Quoting snarlyjack

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Thanks Dee, Can you post your zig-zag indicator to make sure I'am using the correct one that feeds "V-6". Also, do you need the zig-zag indicator loaded on the chart for it to work or just in the file folder? I'am using: 10 ema (blue) close 200 ema (red) close 800 ema (purple) close Standard-deviation channel FFS TP stoploss Round numbers gg-trendbar 123 patterns (show 123 v2) set at 3 aggression & 150 rejectheight, 500 maxbars, yellow fail up/down color. Thanks for all your help and have a good weekend! snarlyjack {image}

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Quoting dee50

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Todays business EU +25 & +44 = 69pips. Only longs today as HTFs showed. {image}

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Quoting geomoon

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{quote} Hooray Dee, I had two trades today from the same places that you took them, but as a newbie I was more than satisfied with 15 Pips each , I think I made a record here and I'm closer to your way of trading which I believe is great...... that means that I'm on the right track, right ? Please tell me yes....... I mean Waw...

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Quoting pgpb

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Hey Dee Thanks very much!! The settings you suggest on the 123 indi's really help me see the set ups much better. One last request, sometimes when visually back testing I will put the zig zag indi on What settings would you suggest for the zig zag indi? By the way, on a personal note, I see you are in Spain. My wife and I visited Madrid a few months back and we loved it. The architecture, the food, the art, the people, the food, did I mention the food.....and of course Spain does produce pretty good soccer players. PGPB

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Quoting dee50

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{quote} It is a good start, congrats. 30 pips today was no mean achievement, well done. how about posting a chart, encourage some of the others.

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Quoting geomoon

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{quote} Sure, I'm grateful to you and all others who make this forum a great place to learn and keep alive. I did this trade not based on 123 pattern but more like a hunch that at this resistance level with TDI confirming the direction. it seems that I can catch a good entry but I still need to work on my Exit points, I read in many places that greed is worst enemy in FX markets and that's why I'm conservative with exits, for the time being at this point of my learning curve I'm more than happy to have such results. Thanks Dee {image}...

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Quoting dee50

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{quote} DO NOT TRADE ON HUNCHES if you are the luckiest guy in the world, you may get away with it. There were so many clues on that chart that the hunch should have been left at Notre dam. {image}

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Quoting dee50

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{quote} Sorry, missed your post. If you want to see the swing points V6 is using then you obviously need to use the same setting "3", but if you want to compare, try another setting 5 or 8 for example, it is a quick way of comparing settings. I have not looked at the code for show123 v2 so I am not sure what setting it is using. Spain. The cities are very different from where I live, I bought an Olive farm deep in the mountains and live among the country folk, they are a very different species altogether from the city folk.

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Quoting focusonmoney

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Dee50, How do you draw your brown fibs?

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Quoting chaveznqoos

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{quote} Hola dde50; Aunque yo nací en Madrid, toda mi familia tanto materna como paterna son de Fuente Obejuna, y voy de vez en cuando ¿no tendrás el cortijo, cerca de allí ? Un saludo

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