Dang.... just woke up from a nap and missed that one.

How to use the 123 strategy effectively

Thank you Paulus, good points. Not familiare with trend magic, is it something you have tried with this 1 2 3 system?

How to use the 123 strategy effectively

After looking more closely at the trailing stops I think I will keep this as simple as possible, that seems to be the way to the least stress and best profits......

How to use the 123 strategy effectively

Oanda gives you the choice to display either 4 or 5 digits. I choose to display 4. Also the trade that the trailing stop got me .... I got back into it as it still looked feasible and it finally closed out with a 45 pip win making up the loss and ...

How to use the 123 strategy effectively

Well the trailing stop took me out.......

How to use the 123 strategy effectively

Trailing stop loss may or may not be the best option here. just dong some testing at this point. It is a method used by Feb in his thread. Any thoughts on this Paulus?

How to use the 123 strategy effectively

Right there with ya..... I got in at 1.3352 how ever I am using a 15 point trailing stop.

How to use the 123 strategy effectively

3 Nice long trades....... Closed at 1.3373

How to use the 123 strategy effectively

Hmmmm, what part of EUR/USD in the thread title did you not quite catch?

EURUSD

I think I remember Paulus saying once in, let it run..... Sorry you missed the trade.

How to use the 123 strategy effectively

Another long EUR/USD on it's way...... TP just hit as I was typing this. Also just triggered another parked buy and on it's way.....

How to use the 123 strategy effectively

I think monday is another GBP and CAD holiday....

How to use the 123 strategy effectively

If it gives you fake outs ... get rid of it.... this system does not need indicators or fundamentals. We don't care who did what to make the price do this or that, we just trade the price with MM.

The System II (Yes with irony)

Matheszabi and Orbital.... Please leave your fundamentals and indicators at the door. This is a 1 2 3 system thread and fundamentals and indicators really don't apply here.

The System II (Yes with irony)

Trading is really very simple, it's the self discipline that's tough. And your right it is not all that random, price carries momentum and that is our edge. Take this EUR/USD 50 day moving average vs price cross system for example. Since September ...

Money Management - the art of the exit

Hey Hanover. Just havin a little fun.... nothing personal, I know your work. Trade well and a prosperous new year to you.

Money Management - the art of the exit

I am using a little of Feb's strategy from his system II with irony. I also have a reversal order in position for the ride back up that will likely come in later this evening.

How to use the 123 strategy effectively

just stopped out by trailing stop at 3299.

How to use the 123 strategy effectively

A little risky with the thinness of the market at this time but nicely in profit and still running with a 10 pip trailing stop.......

How to use the 123 strategy effectively

Hey Hanover, I love your signature...... — Well so much for no losing trades in 2011.... Or maybe you meant you won't be trading in 2011. Loose vs Lose The words loose and lose are mixed up in writing; for some reason, many people write ...

Money Management - the art of the exit