Dislikedeg 123 2-15-17.png;2187641 I did take this EG short and again stretched the rules a bit as it probably made a new high by a fraction disqualifying it. However I liked the sharp movement down and the stop was very small so took it. Got profit at +5 it went +20 but has since come back the other way. My stop is now BE. {image}Ignored
Trading is as simple as 1-2-3
- #2,342
- Feb 15, 2017 5:13am Feb 15, 2017 5:13am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
They are not all winners as this EU from last hour attests, this was about -12. A good idea to keep them minimal. Loses as we know tend to eat into profit. But if you look to the left that trade short from yesterday would still be in at +73.
- #2,343
- Feb 15, 2017 5:19am Feb 15, 2017 5:19am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Also took this GU long got profit at +5 as well as the AU short +5.
- #2,344
- Feb 15, 2017 5:23am Feb 15, 2017 5:23am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} I wouldn't beat yourself up about it - I take these all the time. A test is a move that doesn't sustain the momentum imo. A pip or so is hardly showing a position of strength. Different if it closed high nr the top but a good drop away is good by me.
- #2,345
- Feb 15, 2017 6:14am Feb 15, 2017 6:14am
merah678, Too Slow generally describes 1-2-3 as a subset of HOLO. It looks like you have set the trading parameters as a day trade off the open of the day. 1-2-3 if you look at the rules posted at the beginning is a trade based off the close of each hour by the previous hour bar setting a new high or low. The trade decisions are always based off that set up. Price tends to trade to that open price but it is not a format rule. Hope that gives some perspective. Cheers.
 you got me there and you're right. im using 123 for daily. HOLO intra.  interestingÂ
. since you point that out, i read the rules again. maybe both got mixed during the process and becomes my own 123 HOLOÂ
thank hal7
- #2,346
- Feb 15, 2017 6:37am Feb 15, 2017 6:37am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
I entered this JY a bit late but still +11 profit locked.
- #2,347
- Feb 15, 2017 9:00am Feb 15, 2017 9:00am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Currently long GU locked profit +5, got to +20 and put in a 20 trailer.
Most pairs last hour saw good movement on 1-2-3, au +24, eu +31, nz +21, jy +23, cf +25, ca +15.
- #2,348
- Feb 15, 2017 12:04pm Feb 15, 2017 12:04pm
- Joined Mar 2012 | Status: Trader | 14,314 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #2,349
- Feb 15, 2017 3:59pm Feb 15, 2017 3:59pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Is this the top to the earlier bottom coming?
Including Daily-WZ (grey) and H4-WZ (blue).
Including Daily-WZ (grey) and H4-WZ (blue).
- #2,353
- Feb 16, 2017 2:43am Feb 16, 2017 2:43am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Is this the top to the earlier bottom coming? {image} Including Daily-WZ (grey) and H4-WZ (blue). {image}
(The dotted line is the original trigger candle).
- #2,354
- Feb 16, 2017 2:59am Feb 16, 2017 2:59am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{image}
- #2,355
- Feb 16, 2017 3:04am Feb 16, 2017 3:04am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{image}
- #2,356
- Feb 16, 2017 3:08am Feb 16, 2017 3:08am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{image}
There's also the chance of a long entry now as well...
- #2,357
- Feb 16, 2017 4:03am Feb 16, 2017 4:03am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
No sleeping on the job when there is work to be done lemercenaire 
Good job!
Good job!
- #2,358
- Feb 16, 2017 5:28am Feb 16, 2017 5:28am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
A little experimenting today. Focusing on the GU shorting off these highs. I am on the third one now and currently +12. I took off 80% at +5 and will keep my stop fixed. The first arrow was my first short and I got stopped at around -11. The second I took a stop also, but I could have had profit as it did get as much as +8. I was busy fiddling with something else at the time.
- #2,360
- Feb 16, 2017 7:36am Feb 16, 2017 7:36am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
This hour I experimented with the CAD it made a new low so disqualified but it moved up to the open right before news so I went long and got about +10 took off 80% and left my stop below the low and now just watching it.