AUDCAD... — I'm gonna look to the downside with the slightly odd-shaped Gartley which could lead to a retest of the small gap area from last week. 1.0176 before she does something foolish, like go up. Joe

Backing Trades Thru Charts

Sideways - there should have been a breakout of the triangle already, so the pattern is weak, and the trend lines are not likely to hold price. The next move will come when BOJ steps in to prop up the Yen again - soon. Just my opinion.

Chart Discussion

EA opening trades.. — Thanks for the answer Dito. You are much more nimble than me... When I'm placing an order, the last thing I am thinking about is getting the ea off my chart to stop placing orders... I'm too busy second guessing my ...

ALL Order Related Indicators, Scripts and EA

[QUOTE=pres78;4410368]I have been away from trading the last week and a half with the birth of my newest daughter CONGRATULATIONS PREZ! That's your second... or third? Take care, Joe

How to use the 123 strategy effectively

Repeated entry — I've been trying to use the ea's from the thread and am having a problem with them continuing to add entries after the first order is placed. I'm only trying the scripts because the mt4 platform is so klunky for placing ...

ALL Order Related Indicators, Scripts and EA

Here is another link with some more info on 2B set-ups. url He also has a post about a 123 trade variation that uses a trend line break.[/QUOTE] Thanks for that link Sean. The 2B entry has been elusive to me, but that is just about the simplest ...

How to use the 123 strategy effectively

[QUOTE=pres78;4320278]Joe, I hope you don't mind but I have highjacked your chart to show another point that may help some people watch out for rangebound trades in a very simple way. No problem Pres. That is very helpful. I've been reading the MTM ...

How to use the 123 strategy effectively

excellent!

How to use the 123 strategy effectively

Here's another take on USDCHF — Hi Bubola, I'm not trying to be a Monday morning quarterback, although it is Monday.. but when I saw your USDCHF 5m chart I wanted to comment on it and offer a few options about how to interpret the price action ...

How to use the 123 strategy effectively

EU 123 short — Hi all, Here's a trade from this evening. I closed +16 at the flag since there are thin markets. They should remain that way most of the week. Thought I'd post the setup to share with the thread. You may notice that my fib reads ...

How to use the 123 strategy effectively

Thanks for the answer Paulus. I understand what you are doing with the Fib tool. Basically at the end of the day, you like to see a 1/3 pullback prior to your no. 3 point and also a couple of bars in the direction of the 3 point - which I think is a ...

How to use the 123 strategy effectively

Retracement level is 38.2.... not 61.8 — Hi Paulus, I'm very much enjoying your excellent contributions to the thread. I was looking at this chart and noticed that the pullback to the 61.8 is in fact 38.2 for the rally between the 1 and 2 ...

How to use the 123 strategy effectively

Not to name drop or anything, but your comment might inspire some to think you are lucky. I was speaking to Andrew Cardwell a while back (the King of RSI - yes I know him and he is a fine gentleman) and he said he does not believe in luck at all ...

Trade What You See - Almost Naked Trading

LG, Is this a 1h b/o or a 3tap trade? Sorry for the brain fart. The monthly arrow is up on the indie. Joe

Trade What You See - Almost Naked Trading

since the subject matter of the video concerns gaps and interpreting them, and the thread already has waaaaay too much gap talk going it would be best to find a way to discuss and learn that information outside of this thread - IMHO. As I said, ...

Trade What You See - Almost Naked Trading

very nice work pip! you were on the right side of the market for sure.

Trade What You See - Almost Naked Trading

Currently I don't take gap trades, although I have always been interested in taking them. I find it emotionally difficult to place stops which often require a location that is more or less in thin air. I tend to look for trades which are no-brainers ...

Trade What You See - Almost Naked Trading

LG, would you mind reposting with your marks? Thanks!

Trade What You See - Almost Naked Trading