123PatternsV6 revisited

Quoting dee50

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EU +24 123. UJ +30 123. Slim pickings this week so far. I really do not expect much movement with this weeks data. I had to close out my EU trade as strong divergence formed at a BRN, my initial TP was resistance at the bottom of the Gap. I took +35 off the EU on Monday and when Div formed on Tuesday I was tempted, but there was not much room for a profit with the bottom of the channel and a BRN so close, so I declined the offer. {image} {image}

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Quoting dee50

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EU +24 123. UJ +30 123. Slim pickings this week so far. I really do not expect much movement with this weeks data. I had to close out my EU trade as strong divergence formed at a BRN, my initial TP was resistance at the bottom of the Gap. I took +35 off the EU on Monday and when Div formed on Tuesday I was tempted, but there was not much room for a profit with the bottom of the channel and a BRN so close, so I declined the offer. {image} {image}

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Quoting geomoon

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{quote} Nice trades Dee , did you take Monday's sell trade based on TDI cross ?

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Quoting fx35outlook

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{quote} Hi Dee, Thanks for your kindly sharing of your trading analysis, I started to learn your method on demo account, but in my chart there is no "1, 2, 3" these numbers, I don't know the reason, Could you can help me? Thank you! Fx35

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Quoting dee50

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{quote} Install this indi and you will have the 123 numbers, http://www.forexfactory.com/attachme...mentid=1386643 Use these settings. faildncolour = blank failupcolour = blank maxbars = 100 aggression = 3 behaviourswitches = 256 rejectifheightlessthan = 150 showrosshooks = false

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Quoting geomoon

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{quote} The only workaround that worked for me is changing the ZigZag value to 5 or 7 , I use the same indicator that is found on this thread over 625 build, maybe it's a good reason for me to go and learn MQL4 programming

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Quoting Imi

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Hi All, been down with a stomach flu, caught this ej H1 trade this morning after NY open, pin bar entry, double top at PWH, 123 formation , TDI cross both red and yellow at 50 level, closed manually for +37pips as this pair been ranging all week. good weekend to you ... {image}

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Quoting dee50

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When you look at a chart what do you see? In time you will be able to glance at a chart for a couple of seconds and you will see chart 2 {image} Do you see this? {image}

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Quoting dee50

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here is pt2 of "The 3 Secrets to Trading Momentum Indicators" David Penn {image} let me know if you want any more of this, if you can not use words then a "smiley" will do like this

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Quoting geomoon

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Hi Dee, I have a question on my mind from long time a go , I noticed in many cases that the price for EU makes a new low " mostly at or before London open " and when it breaks the previous low " mostly the Asian session " it's gets up and make a new high. I try to range the Asian session or Tok_5H and then whenever the price breaks that box it goes directly to the opposite direction,sometimes it continues south but other times it gets back along with the long term trend, is there a way to separate this behavior from the other ? {image}

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Quoting dee50

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{quote} If you do not mind I will try and answer this tomorrow, it is 20.47pm here and I am just going to make Dinner for me and my wife.

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Quoting geomoon

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Hi Dee, I have a question on my mind from long time a go , I noticed in many cases that the price for EU makes a new low " mostly at or before London open " and when it breaks the previous low " mostly the Asian session " it's gets up and make a new high. I try to range the Asian session or Tok_5H and then whenever the price breaks that box it goes directly to the opposite direction,sometimes it continues south but other times it gets back along with the long term trend, is there a way to separate this behavior from the other ? {image}

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