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123PatternsV6 revisited

  • #741
  • Sep 26, 2013 5:24am Sep 26, 2013 5:24am
123 does not work!!!! No One makes money from 123!!!!

Here is an example of 4 trades this morning, all started from well defined S&R levels, with average R:R 1:2 using the 200 Target level as defined by TEB´s method. When price comes within a couple of pips of the 200 move SL to B/E (no R:R) free trade. SL goes initially above/below the 3 point.

This is my futures platform so the pairs are clockwise. EU, GU, AU and Yen $ (UJ)

If you have not yet done so, go look at TEB´s thread, just bare in mind that the thread started and ended in 2008 when all pairs had a much greater daily range, so you need to adjust your expectations for today´s market.

http://www.forexfactory.com/showthread.php?t=106165
Attached Image (click to enlarge)
Click to Enlarge Name: RR EU AU JU GU.png Size: 101 KB
Cut your Losers short and let your Winners run.
  • #742
  • Sep 26, 2013 5:28am Sep 26, 2013 5:28am
Like I said, if it works for you, then I am also happy for you. I'm not here to bash anyone.
  • #743
  • Sep 27, 2013 7:52am Sep 27, 2013 7:52am
EU +24 +50. AU +35. It has been a good morning for V6. Took a bit of heat on EU, Finger started twitching on the mouse button but resisted the urge to close came very close to my SL but that is what it is there for.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU +24 +50 27 09.png Size: 28 KB
Click to Enlarge Name: AU +35.png Size: 33 KB
Cut your Losers short and let your Winners run.
  • #744
  • Sep 27, 2013 8:36am Sep 27, 2013 8:36am
Dee - are you using a secondary 123 indi as well as the Robdee v6? I'm assuming the MA's are from TEB's thread.
  • #745
  • Sep 27, 2013 8:43am Sep 27, 2013 8:43am
Quoting handy148
Dee - are you using a secondary 123 indi as well as the Robdee v6? I'm assuming the MA's are from TEB's thread.
Here. http://www.forexfactory.com/attachme...mentid=1226036

MAs. Yes
Cut your Losers short and let your Winners run.
  • #746
  • Sep 30, 2013 3:18am Sep 30, 2013 3:18am
I just went through the whole thread.

Dee, if you were doing so well (which it seems like you were), then why are you switching your strategy so drastically?

Your scrapped your old strategy, added a couple of MA's and said "He took my trading to the next level". I really can't tell if you're being serious or not.

I even remember you saying you don't have losses anymore.

I find this really hard to believe.


It seems like the newbies in this thread are having the piss taken out of them.
  • #747
  • Sep 30, 2013 3:59am Sep 30, 2013 3:59am
Quoting Tok
I just went through the whole thread. Dee, if you were doing so well (which it seems like you were), then why are you switching your strategy so drastically? Your scrapped your old strategy, added a couple of MA's and said "He took my trading to the next level". I really can't tell if you're being serious or not. I even remember you saying you don't have losses anymore. I find this really hard to believe. It seems like the newbies in this thread are having the piss taken out of them.
Do you want me to point out to everyone just how many systems you have been in, and started off by calling the OP "my friend" to grease your way in, only to not be profitable within about 10 days and then you degenerate into calling the system rubbish, and eventually to tell the OP that he is a liar? I have read all of your posts, and I can back up what I'm saying. Do you want me to produce the posts where you laughed like a hyena because you had 'cracked this FX thing', and "no broker was going to get any more of your money"......only to come back a few weeks later, cap in hand and start (yet) another thread where you're virtually begging for help? Do you want me to do that?

FX trading isn't for you, you are a persistent loser at FX trading and you are in no position to judge what works and what doesn't, because EVERYTHING you have tried, you have failed at. But you blame the system and eventually blame the system developer and not yourself. YOU are the reason you keep failing, and you still expect to download a system, spend 10 - 20 days (maximum) and expect to be rolling in more money that scrooge mcduck.


I have no idea if this system works *for me* or not, but I do know that dee50 has more skill and experience that you can dream about. If this system, like every other system BAR NONE that you have 'tested' (for not more that 20 days ROFL), doesn't work for you, then MOVE ON.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #748
  • Sep 30, 2013 6:53am Sep 30, 2013 6:53am
Quoting Tok
I just went through the whole thread. Dee, if you were doing so well (which it seems like you were), then why are you switching your strategy so drastically? Your scrapped your old strategy, added a couple of MA's and said "He took my trading to the next level". I really can't tell if you're being serious or not. I even remember you saying you don't have losses anymore. I find this really hard to believe. It seems like the newbies in this thread are having the piss taken out of them.
Hi,

If you do not like, or do not understand how this method ........ 123. Why us how a kangaroo jump and find another thread with the "Holy Grail".

P.d_ Sorry My English, neither work for me
  • #749
  • Sep 30, 2013 7:36am Sep 30, 2013 7:36am
Quoting Tok
I just went through the whole thread. Dee, if you were doing so well (which it seems like you were), then why are you switching your strategy so drastically? Your scrapped your old strategy, added a couple of MA's and said "He took my trading to the next level". I really can't tell if you're being serious or not. I even remember you saying you don't have losses anymore. I find this really hard to believe. It seems like the newbies in this thread are having the piss taken out of them.
I agree with you
  • #750
  • Sep 30, 2013 8:22am Sep 30, 2013 8:22am
EU +30 +50. 2x 123 entries on the 1Hr chart. one within the other, entered 1 lot on the first and 1 lot on the second. First TP was the 200, second TP was for 50pips just over the BRN 3550. Four bounces off the 38.2% Fibo confirmed it as support. So, not a difficult decision.
Attached Image (click to enlarge)
Click to Enlarge Name: EU +30 +50 30 09.png Size: 48 KB
Cut your Losers short and let your Winners run.
  • #751
  • Sep 30, 2013 8:24am Sep 30, 2013 8:24am
Quoting Tok
I just went through the whole thread. Dee, if you were doing so well (which it seems like you were), then why are you switching your strategy so drastically? Your scrapped your old strategy, added a couple of MA's and said "He took my trading to the next level". I really can't tell if you're being serious or not. I even remember you saying you don't have losses anymore. I find this really hard to believe. It seems like the newbies in this thread are having the piss taken out of them.

Cut your Losers short and let your Winners run.
  • #752
  • Sep 30, 2013 8:25am Sep 30, 2013 8:25am
Quoting fiovit
{quote} I agree with you
Cut your Losers short and let your Winners run.
  • #753
  • Sep 30, 2013 8:31am Sep 30, 2013 8:31am
hi
beauty of 123 system
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15.png Size: 44 KB
  • #754
  • Sep 30, 2013 8:32am Sep 30, 2013 8:32am
Quoting realjumper
{quote} Do you want me to point out to everyone just how many systems you have been in, and started off by calling the OP "my friend" to grease your way in, only to not be profitable within about 10 days and then you degenerate into calling the system rubbish, and eventually to tell the OP that he is a liar? I have read all of your posts, and I can back up what I'm saying. Do you want me to produce the posts where you laughed like a hyena because you had 'cracked this FX thing', and "no broker was going to get any more of your money"......only...

Thanks RJ, I was not going to bother responding to this person, waste of time, I checked out his posts too, the term petulant brat springs to mind.
Cut your Losers short and let your Winners run.
  • #755
  • Sep 30, 2013 8:36am Sep 30, 2013 8:36am
Hi Dee50,

I was reading this thread from friday and the system of 123 is great system. i would like to thank to you and rob for wonderful work..

i would like to ask you one thing if u dont mind, you also took the same trades on EUR/USD is your entrys are triger by EA or u did manualy..

thanks

kind regards
jeet
  • #756
  • Sep 30, 2013 8:37am Sep 30, 2013 8:37am
Quoting jeetvirk
hi beauty of 123 system {image}
Exactly, and this mornings trade was a no brainer as your chart clearly shows.
Cut your Losers short and let your Winners run.
  • #757
  • Sep 30, 2013 8:41am Sep 30, 2013 8:41am
Quoting jeetvirk
Hi Dee50, I was reading this thread from friday and the system of 123 is great system. i would like to thank to you and rob for wonderful work.. i would like to ask you one thing if u dont mind, you also took the same trades on EUR/USD is your entrys are triger by EA or u did manualy.. thanks kind regards jeet

I enter all my trades manually. There are a number of EAs here on FF for automating trades but I personally have never used any of them, Cavemanager was one that PHx62 uses on the Trading Made Simple thread.
Cut your Losers short and let your Winners run.
  • #758
  • Sep 30, 2013 8:53am Sep 30, 2013 8:53am
Quoting dee50
{quote} I enter all my trades manually. There are a number of EAs here on FF for automating trades but I personally have never used any of them, Cavemanager was one that PHx62 uses on the Trading Made Simple thread.
Thanks for quick reply...

No EA got it..
  • #759
  • Sep 30, 2013 11:28am Sep 30, 2013 11:28am
I'm trying to learn this system.

What you think about using regular fractals (5 candles) to spot 123?

A fractal of 3 candles is enough to be considered a max/min?

Hope to be clear with my poor english

  • #760
  • Sep 30, 2013 10:30pm Sep 30, 2013 10:30pm
Another live trade on 123 pattern.... going to move my sl to entry point..
Attached Image (click to enlarge)
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