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Trading is as simple as 1-2-3

  • #1,881
  • Jan 4, 2017 8:17pm Jan 4, 2017 8:17pm
Quoting Rollsnowball
We are @breakout yesterday low @117.20 area. Seem bear control for now/at least for short term. Need a 1-2-3 pattern to buy with confident. Just my cents
Hi Rollsnowball.
  • #1,882
  • Jan 4, 2017 10:15pm Jan 4, 2017 10:15pm
Who is in USDJPY?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,883
  • Jan 5, 2017 1:32am Jan 5, 2017 1:32am
Quoting TooSlow
Who is in USDJPY?
WHY DO WE HAVE TO SLEEP??!?!?!?

Missed this little lovely, TooSlow. Did you get it for me?

Attached Image (click to enlarge)
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  • #1,884
  • Jan 5, 2017 1:35am Jan 5, 2017 1:35am
Quoting lemercenaire
{quote} WHY DO WE HAVE TO SLEEP??!?!?!? Missed this little lovely, TooSlow. Did you get it for me? {image}
JUST NAILED GU " look at the 123
  • #1,885
  • Jan 5, 2017 1:39am Jan 5, 2017 1:39am
Quoting lemercenaire
{quote} WHY DO WE HAVE TO SLEEP??!?!?!? Missed this little lovely, TooSlow. Did you get it for me? {image}
Attached Image (click to enlarge)
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  • #1,886
  • Jan 5, 2017 2:06am Jan 5, 2017 2:06am
Quoting lemercenaire
{quote} WHY DO WE HAVE TO SLEEP??!?!?!? Missed this little lovely, TooSlow. Did you get it for me? {image}

you sleep



I just drive to work

Holy grail, pls pm
  • #1,887
  • Jan 5, 2017 2:26am Jan 5, 2017 2:26am
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  • #1,888
  • Jan 5, 2017 3:17am Jan 5, 2017 3:17am
Attached Image (click to enlarge)
Click to Enlarge Name: 1517gj.png Size: 17 KB

Latched onto this GJ ahead of the news took profit at +5 and sit at +12 ahead of news. GJ is always good for a rockin' good time.
  • #1,889
  • Jan 5, 2017 3:20am Jan 5, 2017 3:20am
Quoting hal7
{image} Latched onto this GJ ahead of the news took profit at +5 and sit at +12 ahead of news. GJ is always good for a rockin' good time.
GJ certainly seems to be a consistent performer at this kind of time in the day - especially as others can be a bit, err...variable, lol.
  • #1,890
  • Jan 5, 2017 3:24am Jan 5, 2017 3:24am
And in the wink of a eye the GJ blasts to +41... and counting. I guess I got on the train in the right direction on this on Lem.
  • #1,891
  • Jan 5, 2017 3:33am Jan 5, 2017 3:33am
Quoting hal7
And in the wink of a eye the GJ blasts to +41... and counting. I guess I got on the train in the right direction on this on Lem.
Another boring chart, hal7.
But it is profitable...Lol!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,892
  • Jan 5, 2017 3:35am Jan 5, 2017 3:35am
Quoting hal7
And in the wink of a eye the GJ blasts to +41... and counting. I guess I got on the train in the right direction on this on Lem.
Very nice indeed...
Attached Image
  • #1,893
  • Jan 5, 2017 3:57am Jan 5, 2017 3:57am
Yes Too Slow, now what the heck will I do with the rest of the morning. I suppose I could go to the beach. But the water temp is a brisk 77 today.

I am +67 GJ also am short EG +30.
  • #1,894
  • Jan 5, 2017 4:17am Jan 5, 2017 4:17am
...Lem that looks like my broker.
  • #1,895
  • Jan 5, 2017 4:34am Jan 5, 2017 4:34am
Hello, New to this thread. I tried a few trades using this strategy. Working okay so far with no losses. I'm just wondering when you guys move the stop loss to break even ?. Once price has moved into profit by say 5 pips. I can see that if price hasn't got enough space to breath, my stop loss will be triggered quite often.
Just wondering what you have found works best.

Many thanks in advance.
  • #1,896
  • Jan 5, 2017 5:07am Jan 5, 2017 5:07am
Trade update GJ 75 + EG 39 = 114. Tick, tick, tick.
  • #1,897
  • Jan 5, 2017 5:14am Jan 5, 2017 5:14am
Quoting cheescake
Hello, New to this thread. I tried a few trades using this strategy. Working okay so far with no losses. I'm just wondering when you guys move the stop loss to break even ?. Once price has moved into profit by say 5 pips. I can see that if price hasn't got enough space to breath, my stop loss will be triggered quite often. Just wondering what you have found works best. Many thanks in advance.
Hello cheescake, you will have to experiment with what works for you, as with all this trade stuff. I generally take 80% of my trade off at +5 and let the rest run to infinity or when it clearly reverses course. I do not move my original stop. Sometimes I catch some great runners, sometimes I get run over. In the case of my trades today happened to be on the right side of the track.
  • #1,898
  • Jan 5, 2017 5:20am Jan 5, 2017 5:20am
Quoting cheescake
Hello, New to this thread. I tried a few trades using this strategy. Working okay so far with no losses. I'm just wondering when you guys move the stop loss to break even ?. Once price has moved into profit by say 5 pips. I can see that if price hasn't got enough space to breath, my stop loss will be triggered quite often. Just wondering what you have found works best. Many thanks in advance.
Please read post #1 and follow the instructions.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,899
  • Jan 5, 2017 5:29am Jan 5, 2017 5:29am
LM, fantastic explanation of entry and trade management. Also, how to use concepts from the Alien Civilization in conjunction with 123.
I have visited the Alien civilization and understand wick zone. Quick question - what is dead zone?
One last question - why do you use the bar charts for 123 and candlestick charts for HOLO?

Thank you,

Quoting lemercenaire
{quote} Sure. It's all pretty straight forward as far as 1-2-3 trades go. The numbers on the chart show all the opportunities on the day (from 00:00 uk time). This makes a difference here as it turns out, as NY time would have given your day as midnight at the bar with trade #2 on it. I mention this, as there were two opportunities to go long between these trades #4 and #5, one good and one very, very, good that I wouldn't have as they wouldn't be new Lows made on my day. The trades would have been taken purely according to rules. Entry on the open...
  • #1,900
  • Jan 5, 2017 6:01am Jan 5, 2017 6:01am
Hey TooSlow and others posting here,
Just a thanks for the plain and simple explanations. Hope to catch more like this one.

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