wow, wise words! your words are helping me a lot and i will ask myself, what in my strategy is weak considering the entry. and thats true, i like to play breakouts. thx.

Hiding stop and limit orders

good idea, but what do you do when the market is fast and going 50 pips against you in seconds?

Hiding stop and limit orders

thats a good advice, thx. so the best is far away than the normal, conventional 10-20 pips stop.

Hiding stop and limit orders

ok, thx for your comment.

Hiding stop and limit orders

ok, i asked my broker. it is completely hidden from the market.

Hiding stop and limit orders

i see only that the time was before the opening and that is not a good time for 1-2-3 patterns. the pattern itself is perfect.

How to use the 123 strategy effectively

with my brokers i can hide the orders. its then called hidden order, you will then not see them in the order book.

Hiding stop and limit orders

thx for your answer. yes, i can hide my limits and stops. the question is does it make sense?

Hiding stop and limit orders

interesting, thx for the info.

How to use the 123 strategy effectively

in the EU shorttrade there was only one bar between 2 and 3, so no valid trade even it would have been a nice profit.

How to use the 123 strategy effectively

thx for your comment, sounds good.

How to use the 123 strategy effectively

i am curious, so may i ask you, what is for you consistency and how long does the system work for you?

How to use the 123 strategy effectively

one loss, one win, trying it again now short EU.

How to use the 123 strategy effectively

very interesting comment! how long have you been trading this setup ?

How to use the 123 strategy effectively

i know, i watch this "ross areas" also. but when you trade the main idea, S&R has no value here and is not included in making the decision. we take it black or white

How to use the 123 strategy effectively

yes, me too. tough day

How to use the 123 strategy effectively

i think we have now two valid shorts on both EU and GU.

How to use the 123 strategy effectively

thank you simpletrades! thats an interesting point, i will watch the thread you mentioned.

How to use the 123 strategy effectively

yes, i took it 38min after london open. it was a loss. see the chart above.

How to use the 123 strategy effectively