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Trading is as simple as 1-2-3

  • #3,421
  • May 5, 2017 11:08am May 5, 2017 11:08am
Quoting faatkumo
{quote} Boring? How was it boring? lol
Don't you know that to be successful in FX trading, you need to have a chart full of exciting, shiny, objects - a day full of drama and tension, fingernails bitten to the quick as you wait on your drawdown of 70% to pull itself back? That's definitely not the 1-2-3 way, lol.
  • #3,422
  • May 5, 2017 12:11pm May 5, 2017 12:11pm
No trading on anything for me today. However here's The Weird Bunch across the day. Some very early action for the US-Twins, a bit of a lurch for the 100 and as for The Dax and F40, wow...just wow...

I haven't marked any entries on these, as it's getting late and to be honest, I can't be arsed. I'm sure you can figure them out.

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That's me for now - have a good weekend, guys.
  • #3,423
  • May 6, 2017 2:20pm May 6, 2017 2:20pm
Quoting lemercenaire
{quote} Don't you know that to be successful in FX trading, you need to have a chart full of exciting, shiny, objects - a day full of drama and tension, fingernails bitten to the quick as you wait on your drawdown of 70% to pull itself back? That's definitely not the 1-2-3 way, lol.

you were being sarcastic right?
lol
and 1-2-3 is pretty straight forward and boring? lol
  • #3,424
  • May 7, 2017 9:46am May 7, 2017 9:46am
Quoting lemercenaire
{quote} Don't you know that to be successful in FX trading, you need to have a chart full of exciting, shiny, objects - a day full of drama and tension, fingernails bitten to the quick as you wait on your drawdown of 70% to pull itself back? That's definitely not the 1-2-3 way, lol.
Only 70% Drawdown ! Crikey -I regularly get 74% drawdown on forex and index trades using the 123 springboard approach !
Kudos to you for keeping your drawdowns so small Lem
every Saint has a past. Every Sinner has a Future
  • #3,425
  • May 7, 2017 9:56am May 7, 2017 9:56am
Quoting turnip15
{quote} Only 70% Drawdown ! Crikey -I regularly get 74% drawdown on forex and index trades using the 123 springboard approach ! Kudos to you for keeping your drawdowns so small Lem

Are you you guys being sarcastic?
Youre throughing me in a loop.
  • #3,426
  • May 7, 2017 10:40am May 7, 2017 10:40am
Quoting faatkumo
{quote} Are you you guys being sarcastic? Youre throughing me in a loop.
My tongue is so far in my cheek it's almost coming out my ear
  • #3,427
  • May 7, 2017 11:41am May 7, 2017 11:41am
Quoting lemercenaire
{quote} My tongue is so far in my cheek it's almost coming out my ear

I'll take all of this as sarcasm.
  • #3,428
  • May 8, 2017 1:05am May 8, 2017 1:05am
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Short the CA a fast +5. Another boring week underway (humor alert)
  • #3,429
  • May 8, 2017 2:19am May 8, 2017 2:19am
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Second one out of the box today, AU short +5
  • #3,430
  • May 8, 2017 2:37am May 8, 2017 2:37am
I can't get to the screens much today, so thanks for keeping the torch lit, Hal!
  • #3,431
  • May 8, 2017 2:49am May 8, 2017 2:49am
Quoting lemercenaire
I can't get to the screens much today, so thanks for keeping the torch lit, Hal!
No problem Lem... I will probably be out of here pretty quick today also. Doesn't take much time when you are profitable with this method leading the way.
  • #3,432
  • May 8, 2017 3:27am May 8, 2017 3:27am
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One more for the road, EJ long +5
  • #3,433
  • May 8, 2017 3:47am May 8, 2017 3:47am
Quoting hal7
{image} One more for the road, EJ long +5
I've been waiting to scalp off a move North by EJ all morning, lol.
  • #3,434
  • May 8, 2017 6:00am May 8, 2017 6:00am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,435
  • May 8, 2017 6:27am May 8, 2017 6:27am
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,436
  • Edited 9:48am May 8, 2017 7:51am | Edited 9:48am
hi tooslow, do you have a indicator ,that can find a al most happening currency and timeframe for you ?
  • #3,437
  • May 8, 2017 8:06pm May 8, 2017 8:06pm
Quoting flourishing
hi tooslow, do you have a indicator ,that can find a al most happening currency and timeframe for you ?
Will not something like xmeter work?
I have this and just match strong currency and weak currency and it is most happening pair.
my lifelong dream is to be a banker
  • #3,438
  • May 8, 2017 8:28pm May 8, 2017 8:28pm
Quoting Ausbank
{quote} Will not something like xmeter work? I have this and just match strong currency and weak currency and it is most happening pair.
that's right.

thanks.
  • #3,439
  • May 8, 2017 8:41pm May 8, 2017 8:41pm
Quoting flourishing
hi tooslow, do you have a indicator ,that can find a al most happening currency and timeframe for you ?
Hi flourishing.
This method uses the H1 time frame MOSTLY. (TooSlow has mentioned you could also trade it on the H4 or D1)

As for which pairs work better, you can trade it on any pairs, but if you have a look through the thread, then you would see the pairs that TooSlow and Lemercenaire and Hal7 trade mostly.

That might help you to decide which pairs to trade.

I hope that helps.
Michael
  • #3,440
  • May 9, 2017 12:14am May 9, 2017 12:14am
Will only be able to dip in-and-out for today (and the rest of the week) due to other commitments but here's one that may bear fruit.

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Check out the H4 information...

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