- Search Metals Mine
- simpletrades replied Feb 19, 2011
it got moved because this thread had too many people posting off topic. the new thread was on point for a while. url
EUR/GBP Trendmagic System
- simpletrades replied Feb 17, 2011
except your double top in post #1260 finished confirming with the first long red bar over an hour and a half before you jumped in on the british economic release hoping to catch the ride. If you were really trading because of the double top, you'd ...
How to use the 123 strategy effectively
- simpletrades replied Feb 16, 2011
except the thread is about trading 1-2-3 setups.
How to use the 123 strategy effectively
- simpletrades replied Feb 16, 2011
nice trade but it wasnt a 123 because 3 wasnt lower than 1, and your entry hit only because of the 530 am EST british high priority economic release which easily could have been just the opposite spike.
How to use the 123 strategy effectively
- simpletrades replied Feb 15, 2011
without times and prices its really hard to match up to charts.
How to use the 123 strategy effectively
- simpletrades replied Feb 15, 2011
final chart of audusd last nite. my hasty exit was on the way down from the bounce off wkly pivot after 9 pm est.
How to use the 123 strategy effectively
- simpletrades replied Feb 14, 2011
audusd 30 min long — took this trade about 8:15 pm est. it just reversed hard just short of the wkly pivot so i moved my stop to b/e and got taken out. maybe not the wisest decision since its moving up again.
How to use the 123 strategy effectively
- simpletrades replied Feb 14, 2011
[quote=Marioa01;4395007]Thank you Paulus for the system... Testing it live tonight... I know... London & NY preferred. Anyhow, I am seeing a double signal. Any thoughts?[/] just reset it under edit
Part 2 EURUSD Trend magic System
- simpletrades replied Feb 13, 2011
thats my question is 2 the green lower 2a that closed up or the higher but closing lower 2b? bcause 2b if it is the bar that counts is not a valid 2 but only because its too close to 3. i need to know how to correctly find a 2 before i care if it ...
How to use the 123 strategy effectively
- simpletrades replied Feb 13, 2011
which is a correct point 2--the 2a or 2b? — which of the 2 bars is the correct point 2? the green upbar or red but even higher downbar? If it is the first (2a) then there will be 2 bars to point 3 but if its 2b then there is only 1 bar to ...
How to use the 123 strategy effectively
- simpletrades replied Feb 13, 2011
thank you. i didnt know if the 5th was rounded up, down or just ignored because i know fxdd uses 4, but alpari uses 5.
How to use the 123 strategy effectively
- simpletrades replied Feb 13, 2011
how many pips are considered 'lower'? since point 3 technically is 1 pip lower than point 1 on the chart. (it was a Dec 8 gbpusd chart)
How to use the 123 strategy effectively
- simpletrades replied Feb 12, 2011
baisically on a short the 3 highpoint must reach almost 1/3 of the way back up from 2 towards 1 thats the 61.8%
How to use the 123 strategy effectively
- simpletrades replied Feb 12, 2011
Here are paulus' rules from post #48 Its just price action but you need some rules mine are simple I start looking for 123 at 7am uk time on...not before if we are going up in the Asian session I look for a short and visa versa I always take trend ...
How to use the 123 strategy effectively
- simpletrades replied Feb 11, 2011
so your stops are the dist 1-2 not 2-3 or clearly you'd have been stopped out on the first retrace.
How to use the 123 strategy effectively
- simpletrades replied Feb 9, 2011
No thats perfect--i had given up on finding newer paulus charts and had missed that one. i kept seeing his comments only. the jan 28 gbpusd entry was 15:35 +/- on his chart, which matched up exactly with my chart at 14:35 which meant 8:35 am EST. In ...
How to use the 123 strategy effectively
- simpletrades replied Feb 9, 2011
its a nice gesture by you, but what i am trying to do is read paulus' charts from the early pages of this thread and see what times he was having the best success. I cannot pull up charts on my platform that far back. I dont want gmt or anything ...
How to use the 123 strategy effectively
- simpletrades replied Feb 9, 2011
it tells me my chart time is 1 hr later than yours and when you hit that low at 11:00 it was 6am here.
How to use the 123 strategy effectively
- simpletrades replied Feb 9, 2011
paulus can you post a chart--any chart since the start of the year so i can match my chart times to yours and translate for myself into NY time (EST). thanks. Any intraday timeframe works.
How to use the 123 strategy effectively
- simpletrades replied Feb 8, 2011
3 am here is 9am London, but its paulus' charts i want to match. I know 3 am EST is the london open, but i want to know what time is on his chart when my chart says 9:00 broker time which is 3 am EST. then i can compare his chart times to my chart ...
How to use the 123 strategy effectively