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123PatternsV6 revisited

  • #641
  • Aug 8, 2013 12:01pm Aug 8, 2013 12:01pm
Quoting dee50
{quote} http://www.forexfactory.com/showthre...24#post6855124 Sorry but I do not have much time available at the moment for responding. I do not spend my entire day watching the monitor. I have 2 alarms that I set one is time based and the other is Price based, When either sounds I return to the screen and have a look.

Hi dee50. Can you say us more things about this 2 alarms?
  • #642
  • Aug 8, 2013 5:36pm Aug 8, 2013 5:36pm
Quoting dee50
{quote} http://www.forexfactory.com/showthre...24#post6855124 Sorry but I do not have much time available at the moment for responding. I do not spend my entire day watching the monitor. I have 2 alarms that I set one is time based and the other is Price based, When either sounds I return to the screen and have a look.

are you telling me that you are getting these results and you are not watching the market all the time............. you keep amazing me, I mean what could be more important or how do you keep focus on what you want
is there a way that these two alarms that you use could be found on FF or anywhere ?
  • #643
  • Aug 9, 2013 9:13am Aug 9, 2013 9:13am
EU +30. No brainer trade. Pin Bar + DT + Div +S&R + BRN, what were you waiting for? the market to take the trade for you?
Attached Image (click to enlarge)
Click to Enlarge Name: EU +30 09 08.png Size: 36 KB
Cut your Losers short and let your Winners run.
  • #644
  • Aug 9, 2013 9:28am Aug 9, 2013 9:28am
Quoting geomoon
{quote} are you telling me that you are getting these results and you are not watching the market all the time............. you keep amazing me, I mean what could be more important or how do you keep focus on what you want is there a way that these two alarms that you use could be found on FF or anywhere ?

I am getting these results because I do not watch the market all the time. I do not get sucked in to taking a trade that is not really there, the longer you look at something the more detail you will see, real and imagined.

Price Alert is standard MT4. PDF attached explaining how

Time Alert is per the link. http://www.clocx.net/

or just search FF

I connected an external speaker to my PC so I can hear the alarms outside.
Attached File(s)
File Type: pdf MT4_Price_Alerts.pdf   174 KB | 515 downloads
Cut your Losers short and let your Winners run.
  • #645
  • Aug 9, 2013 1:22pm Aug 9, 2013 1:22pm
Quoting dee50
EU +30. No brainer trade. Pin Bar + DT + Div +S&R + BRN, what were you waiting for? the market to take the trade for you? {image}
Hah......Great at usual Dee.......I took 20 pips of this till the 123 pattern was completely formed, I took some loses this week so I'm being more careful than needed .
Green pips for you and wish you a happy weekend
  • #646
  • Aug 9, 2013 1:28pm Aug 9, 2013 1:28pm
Quoting dee50
{quote} I am getting these results because I do not watch the market all the time. I do not get sucked in to taking a trade that is not really there, the longer you look at something the more detail you will see, real and imagined. Price Alert is standard MT4. PDF attached explaining how Time Alert is per the link. http://www.clocx.net/ or just search FF I connected an external speaker to my PC so I can hear the alarms outside. {image}
you are taking the words out of my mouth , I noticed that watching the market for long time I start to see and build relations that are not logical and at the same time I start to jump in at the first signal that's why I got some loses this week, I understood from you that I need glue my self to the monitor for a long time before reaching the point that you are already in , but I see my self starting to see and draw imaginary lines, trends and non sens trades , Hah.....does this has a cure ?
  • #647
  • Aug 13, 2013 7:04am Aug 13, 2013 7:04am
EU +20 +20. Not a 123 in sight, sorry. But a good example of trading a Range using TF trend to dictate direction. Taking shorts off resistance backed up by Divergence. Take sensible profit within the range, identified by support.

Hope it helps.

I am not going to be posting much, August doldrums I take more time off.
Attached Image (click to enlarge)
Click to Enlarge Name: EU +20 +20 13 08.png Size: 37 KB
Cut your Losers short and let your Winners run.
  • #648
  • Aug 13, 2013 7:40am Aug 13, 2013 7:40am
Another +20 off the news, I am going to call it a day.
Attached Image (click to enlarge)
Click to Enlarge Name: EU +20 News 13 08.png Size: 33 KB
Cut your Losers short and let your Winners run.
  • #649
  • Aug 13, 2013 8:13am Aug 13, 2013 8:13am
Fantastic trading, Dee50.
  • #650
  • Aug 13, 2013 9:27am Aug 13, 2013 9:27am
Quoting dee50
EU +20 +20. Not a 123 in sight, sorry. But a good example of trading a Range using TF trend to dictate direction. Taking shorts off resistance backed up by Divergence. Take sensible profit within the range, identified by support. Hope it helps. I am not going to be posting much, August doldrums I take more time off. {image}
As usual great Job Dee , but are you going to leave us a lone ?........ we have just started activating this thread and it looks great.
anyway....wish you the best and lot of fun.
  • #651
  • Aug 14, 2013 11:23am Aug 14, 2013 11:23am
GU +60. 123 Entry, but entered a little earlier using the TTE because Support (200 EMA) was hit 6 times. TP was near base of Pin Bar, for obvious reasons. Nice trade but still only worth 30 real pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GU +60 14 08.png Size: 26 KB
Cut your Losers short and let your Winners run.
  • #652
  • Aug 14, 2013 12:13pm Aug 14, 2013 12:13pm
Quoting dee50
GU +60. 123 Entry, but entered a little earlier using the TTE because Support (200 EMA) was hit 6 times. TP was near base of Pin Bar, for obvious reasons. Nice trade but still only worth 30 real pips. {image}
Great ride after news Dee.... .
I've send you a PM, would you please check on it when you have time.
cheers
  • #653
  • Aug 16, 2013 8:49am Aug 16, 2013 8:49am
EU +22 +30. There were 2 123 patterns, one within the other on the 15 min chart, but I waited for the news which as fate would have it occurred right on the entry point for the second 123. Just 20 pips away was yesterdays high so I took one off at that point and targeted the 89% fib with another. The news was not strong so I doubted that price would move to far.
Attached Image (click to enlarge)
Click to Enlarge Name: EU +22 +30 News 16 08.png Size: 30 KB
Cut your Losers short and let your Winners run.
  • #654
  • Aug 16, 2013 10:39am Aug 16, 2013 10:39am
Quoting dee50
EU +22 +30. There were 2 123 patterns, one within the other on the 15 min chart, but I waited for the news which as fate would have it occurred right on the entry point for the second 123. Just 20 pips away was yesterdays high so I took one off at that point and targeted the 89% fib with another. The news was not strong so I doubted that price would move to far. {image}
That's Great Dee,..... Good job.
honestly I was completely lost yesterday and today, I was even more confused as the the EU was moving exactly opposite to the news .....it's too tricky for me
  • #655
  • Aug 16, 2013 1:22pm Aug 16, 2013 1:22pm
Dee do you only trade the eu? If so, what do you do on the days where there aren't any good 123 patterns?
  • #656
  • Aug 17, 2013 8:56am Aug 17, 2013 8:56am
Quoting focusonmoney
Dee do you only trade the eu? If so, what do you do on the days where there aren't any good 123 patterns?

Looking back at my last few posts you will see that I resorted back to Price Action trading. 123 is a good method to use but you should always have an alternative, I use 123, Price Action and for a couple of years now I also use the TMS (TDI) method or a combination of all 3.
Cut your Losers short and let your Winners run.
  • #657
  • Aug 19, 2013 3:40pm Aug 19, 2013 3:40pm
EU/JPY +13, USD/CAD +9.. I took two trades today, but I saw well over 4 over good trades I could of took but I didn't want to over trade . The first trade is eur/jpy.. notice how the market spiked up but couldn't make a new high so I shorted that.. The second trade usd/cad hit support so I short that for 9 quick pips ..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image 2.png Size: 95 KB
Click to Enlarge Name: Image 6.png Size: 136 KB
  • #658
  • Aug 20, 2013 6:53am Aug 20, 2013 6:53am
EU +50 +20. 2 trades this morning 1 trend and a quick 20pip Pin Bar, S&R, Div CT. Every thing is on the chart. I am done for the day.. BUOB should have been BUEOB - Bullish Engulfing Outside Bar
Attached Image (click to enlarge)
Click to Enlarge Name: EU +50 +20 20 08.png Size: 35 KB
Cut your Losers short and let your Winners run.
  • #659
  • Aug 20, 2013 6:58am Aug 20, 2013 6:58am
Quoting focusonmoney
EU/JPY +13, USD/CAD +9.. I took two trades today, but I saw well over 4 over good trades I could of took but I didn't want to over trade . The first trade is eur/jpy.. notice how the market spiked up but couldn't make a new high so I shorted that.. The second trade usd/cad hit support so I short that for 9 quick pips .. {image} {image}
Nicely taken trades, sensible not to take every thing you see on the 5 min.
Cut your Losers short and let your Winners run.
  • #660
  • Aug 20, 2013 9:06am Aug 20, 2013 9:06am
EU +50 +20CT +50. I could not resist another trade. 123 off support, TP was confluence of, Daily S&R, BRN, 123.8% Fib & 100% Fib Exp. Nice total for the day.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 850 20 08.png Size: 36 KB
Cut your Losers short and let your Winners run.
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