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Trading is as simple as 1-2-3

  • #2,181
  • Jan 25, 2017 2:23pm Jan 25, 2017 2:23pm
Quoting lemercenaire
{quote} This seems quite a repeatable pattern - the longer H1 trend, with a pullback into the new day, giving us a 1-2-3 off that new day's first New Low / High. You certainly seem to be making it work for you.
Big bar big wick = pips. I only trade the ones that set up like that.
  • #2,182
  • Jan 26, 2017 2:43am Jan 26, 2017 2:43am
Attached Image (click to enlarge)
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Caveats on the EC, as anything involving the CHF has to be treated with caution (not to mention the spreads, which can be prohibitive).
  • #2,183
  • Jan 26, 2017 8:22am Jan 26, 2017 8:22am
Quoting lemercenaire
GBPJPYH1as1-2-3jan26th17.png;2157239 EURCHFH1as1-2-3jan26th17.png;2157240 NZDUSDH1as1-2-3jan26th17.png;2157242 Caveats on the EC, as anything involving the CHF has to be treated with caution (not to mention the spreads, which can be prohibitive). {image} {image} {image}
Follow-ups on these from this morning...

Attached Image (click to enlarge)
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Took a bit longer to get going but came good and in profit.


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A loss then got some back on the pullback but my caveat earlier about dealing with the CHF should always be listened to, as it then continued on on its merry way.


However, when you look at the overview, it becomes a bit clearer:
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As such, perhaps we may get something back now...
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As for UN, a complete bust, as it blew on through for a loss. C'est la vie...
Attached Image (click to enlarge)
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  • #2,184
  • Jan 26, 2017 8:36am Jan 26, 2017 8:36am
Quoting lemercenaire
GBPJPYH1as1-2-3jan26th17.png;2157239 EURCHFH1as1-2-3jan26th17.png;2157240 NZDUSDH1as1-2-3jan26th17.png;2157242 Caveats on the EC, as anything involving the CHF has to be treated with caution (not to mention the spreads, which can be prohibitive). {image} {image} {image}
Lem - On your G/J chart did you enter at approx. 1.4415? This is just for clarification purposes -- If so that would be candle 3 correct? (LH =1 HH=2 LH=3
  • #2,185
  • Jan 26, 2017 9:32am Jan 26, 2017 9:32am
Quoting tomthepoppop
{quote} Lem - On your G/J chart did you enter at approx. 1.4415? This is just for clarification purposes -- If so that would be candle 3 correct? (LH =1 HH=2 LH=3
Yes, that's correct. Entry at the Open in the red box.
Attached Image (click to enlarge)
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There was also an opportunity to enter on the previous candle before it went on to make a new high and that triggered my sl at -15 (just) before going on.

On the m5 chart below, the entry line of the first loss trade is shown in yellow and the entry of the red box trade above is shown as well. Hope this makes sense.
Attached Image (click to enlarge)
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  • #2,186
  • Jan 26, 2017 9:36am Jan 26, 2017 9:36am
Quoting lemercenaire
{quote} Yes, that's correct. Entry at the Open in the red box. GBPJPYH1as1-2-3jan26thJan17resultEGforTOM_Ink_LI.jpg;2158157 There was also an opportunity to enter on the previous candle before it went on to make a new high and that triggered my sl at -15 (just) before going on. On the m5 chart below, the entry line of the first loss trade is shown in yellow and the entry of the red box trade above is shown as well. Hope this makes sense. GBPJPYM5as1-2-3EGforTom26thjan17_Ink_Ink_LI-two.jpg;2158165 {image} {image}
Perfect thanks Lem
  • #2,187
  • Jan 26, 2017 9:57am Jan 26, 2017 9:57am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,188
  • Jan 26, 2017 10:51am Jan 26, 2017 10:51am
If this has run out of steam, we may get something - but it was a heck of a move to get here. Make of that what you will.

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  • #2,189
  • Jan 26, 2017 12:16pm Jan 26, 2017 12:16pm
Quoting lemercenaire
If this has run out of steam, we may get something - but it was a heck of a move to get here. Make of that what you will. USDJPYH1as1-2-326thJan17.png;2158360 {image}
Looking good...

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  • #2,190
  • Jan 26, 2017 7:18pm Jan 26, 2017 7:18pm
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  • #2,191
  • Jan 26, 2017 7:22pm Jan 26, 2017 7:22pm
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  • #2,192
  • Jan 27, 2017 2:47am Jan 27, 2017 2:47am
As an interesting aside, for those wondering, yes, you can use 1-2-3 on the higher time-frames. Here on Cable Daily...

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As a bar chart, per standard form...

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  • #2,193
  • Jan 27, 2017 3:05am Jan 27, 2017 3:05am
Attached Image (click to enlarge)
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  • #2,194
  • Jan 27, 2017 6:34am Jan 27, 2017 6:34am
Quoting lemercenaire
EURJPYH1as1-2-3jan27th17.png;2159325 {image}
Turned out nice. I took +23 in the end. Not bad, especially as it didn't trigger as a HOLO.

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  • #2,195
  • Jan 27, 2017 1:03pm Jan 27, 2017 1:03pm
Way late in the day but there may be enough time to get something...

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  • #2,196
  • Jan 28, 2017 3:18pm Jan 28, 2017 3:18pm
ouch, I have finally read whole thread! yay, caramba!
  • #2,197
  • Jan 28, 2017 3:37pm Jan 28, 2017 3:37pm
Quoting foed
ouch, I have finally read whole thread! yay, caramba!
Dedication! Worth it though!
  • #2,198
  • Jan 29, 2017 12:18pm Jan 29, 2017 12:18pm
Quoting lemercenaire
{quote} Dedication! Worth it though!
It was inspiring and it gave me a hope, that things can go well.
  • #2,199
  • Jan 30, 2017 4:35am Jan 30, 2017 4:35am
EURUSD H1, could be IT. We'll see.
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  • #2,200
  • Jan 30, 2017 4:55am Jan 30, 2017 4:55am
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Took awhile but currently have the CAD going at +7
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