Would 1.4040 be concidered the breakout then 1-2-3 from there?

Trend Trading All Pairs

Thank you so much for your help. I think I'm starting to understand the trend and the BPC patterns. When we finally get the BPC do we enter the trade as soon as 2 is broken or do we wait for a candle to close below or at 2?

Trend Trading All Pairs

So when we do get a break we still have to wait for the 1-2-3 signal, correct?

Trend Trading All Pairs

Would this break be at about 90.50 or 90.60? Just trying to figure out the trend lines.

Trend Trading All Pairs

What do you think of usdcad. Sell at the blue line I know there is support further down at 1.0227. Do I wait for a close candle on my trigger chart or go ahead as soon as blue line is broken?

Trend Trading All Pairs

Hey NM, can you have a look at NZDUSD. I was looking at a break of .7400 then on the 15 min trigger, then wait for the 1-2-3 before going long. Am I correct here.

Trend Trading All Pairs

Thanks for the replies NM. Is the 1-2-3 pattern on the setup chart or on the trend chart.

Trend Trading All Pairs

Where can I find a dash board like this?

Trend Trading All Pairs

If you see a 1-2-3 setup being formed on whatever pair, should you put a trade at 2 then go to bed or work or do these trades have to be done while being watched? Also should you wait for the candle close below 2 on your setup chart or just put the ...

Trend Trading All Pairs

Thanks for the reply Custos. Now when the breakout occurs we still have to wait for retrace then then continuation 1-2-3, correct? In some cases this could be a long wait.

Trend Trading All Pairs

Back onto this thread. Had a look at the above charts and tried to calculate the breakout to see if I understand some of this. Can you let me know if I'm close or not. AUD/USD breakout - .9330 EUR/AUD breakout - 1.5535 USD/JPY breakout - 90.60 ...

Trend Trading All Pairs

Oh Yeh, I see what you mean.

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What do you think of GBPJPY. Also looks like a 1-2-3.

Trend Trading All Pairs

So would we put our entry at the #2 spot which is at monthly pivot of 87.15 and a trend line break or seeing that it has hit and come back from 61.8 fib and the trend line, could we enter as soon as we see it continuing down and take profit at the ...

Trend Trading All Pairs

Yes I see it. Thanks.

Trend Trading All Pairs

Hi All. Here I am again trying to figure all this out. NM could you post the GRPJPY chart with the 1-2-3 you are talking about. That would help me a great deal. Looking for it but can't see it. On the usdchf would this be a buy if we break 1.0275?

Trend Trading All Pairs

Thanks. Therefore as far as tonight goes there probably is no trade out there because everything seems to be going back up for now and untilthe lower or upper trend lines are broken there would be no trade and at the time of a break of these trend ...

Trend Trading All Pairs

Sounds good. So would a chage of the present trend be when you rise above the major trend line. The big black line on your chart?

Trend Trading All Pairs

What is PA?

Trend Trading All Pairs

So have a look at eurjpy. Is this a buy now or wait till it traces back to the trend line then buy or wait till it falls below support then wait for retrace then short? Or am I not getting it at all?

Trend Trading All Pairs