Hi Hal7, I am fairly new to this thread, but I have come to the conclusion that it is more reliable if the highest high bar/candle has a decent wick, having been burnt on trying to get into trades where the wick of the highest isn't that pronounced. ...

Trading is as simple as 1-2-3

Thought this might at least test the 1.1300 level - BE+4

Trading is as simple as 1-2-3

BE +1! One of those days...

Trading is as simple as 1-2-3

+10 taken:

Trading is as simple as 1-2-3

I am ashamed to say that I am using the standard MT4 Fibo indicator to generate my PDH/PDL levels - my Lagom is shot to pieces! I must admit that I've never really got to grips with Fibonacci levels as a trading tool - personally this is the best ...

Trading is as simple as 1-2-3

A bit outside the previous days high but worked out OK for +20

Trading is as simple as 1-2-3

Had a +20 TP set for this; didn't quite make it! BE+1

Trading is as simple as 1-2-3

20 pips taken.

Trading is as simple as 1-2-3

Nice one Hal7, I did get stopped out!

Trading is as simple as 1-2-3

Me too!

Trading is as simple as 1-2-3

Indeed! It must have been close - I set the BE+1, set the TP and an alert not far away from the TP - then walked away. I heard the alert go off, and when I came back it had formed a new daily high - the injustice! Actually the EU produced a better ...

Highest Open / Lowest Open Trade

No problem - 8 or 9 pips - I had a TP set at just over 10pips which it just missed.

Highest Open / Lowest Open Trade

Another BE+1 - tomorrow will be better!

Highest Open / Lowest Open Trade

Not much better DT! Just got onto a HOLO on UC - will post on that thread, cheers, Dave

Trading is as simple as 1-2-3

I know the feeling! EU seems to be in a tight channel today - something to do with the European elections and minister selection process?

Trading is as simple as 1-2-3

Took this as a short, not much of retrace towards the daily high but took it based on yesterdays consolidation. Thought it might go a bit further but BE +2 is better than a loss!

Trading is as simple as 1-2-3

I just want to raise a possible unscheduled red flag on the GU - PM is expected to announce her resignation today which may cause the GU to get into a flap. Could be a bit spiky over the next few weeks depending on which nutter throws his/her hat ...

Trading is as simple as 1-2-3

Yes I like the line up of highs/lows - I guess it's within the rules...a bit. Its not higher/lower than the daily high/low, just equal to it.

Trading is as simple as 1-2-3

Hi Hal7, I'm impressed, how did you get on that trade? There's no significant return on the 8am (UK time) bar towards the previous daily high - am I missing something? Cheers, dave

Trading is as simple as 1-2-3

Nice one Doubletop - I got burnt on the UC today for -8. There is only one reason why I got burnt - I didn't follow the rules - which is inexcusable given the rules are so simple! It wasn't a proper 1-2-3 setup. Cheers, Dave

Trading is as simple as 1-2-3