...+36 taken on the GU short...and EU still running. Edit: +20 taken on EU short.

How to use the 123 strategy effectively

GU 5M — ...GU looks the more likely candidate to short now, we'll see. edit: bearish, toppy hrly candle forming too at the moment... edit: hrly close = doji/indecision...

How to use the 123 strategy effectively

EU 5M — Currently watching 5M EU for the break short, also looking for short on GU but a long way off yet.

How to use the 123 strategy effectively

...if FXPro shows chart time as GMT+2, then you need to set the indicator range times to 07:00 and 09:45, assuming you want the 5am-8am London range, and you're using a 15min timeframe chart. Hope this helps.

A Simple London Breakout V.2

anyone brave enough?... — for these latest EU/GU shorts...right into the support zone?...i suppose if they work out, there'll be plenty putting their hands up

How to use the 123 strategy effectively

Good day for 1:1 targets

How to use the 123 strategy effectively

GU 5Min Long — ...i didn't take this one, but a quick profit (+16) available at the confluence of 138.2 fib extension and monthly pivot, or as a scaleout level. In fact on FXPro this wouldn't have qualified under Paulus' 123 rules, but it did ...

How to use the 123 strategy effectively

EU 5M update — ...S1 tested 5 times so far on the 5min and 3 lower swing highs....this level is running out of buyers, it appears....but is it?

How to use the 123 strategy effectively

Nice, Paulus. One of the better days for PA so far today...mpc in a few minutes likely to jiggle things around for a while.

How to use the 123 strategy effectively

..anyone tempted with potential EU 5M long developing? — ...ha void already but now @daily S1 and 20 pips off ADR, so who knows a long might present itself later on....to target this morning's supply zones. IMO it makes more sense to take ...

How to use the 123 strategy effectively

Have you written a trading plan?...define what it is you want to achieve with the time you have available to trade and go from there. I day trade and prefer the 5min setups but keep a close eye on higher TF setups. The hrly chart above is a useful ...

How to use the 123 strategy effectively

EU Hrly update — ....posted this EU hrly chart yesterday and the 'advanced' entry now short from the break of the trendline. Targeting the confluence of fib extension, significant demand level and weekly S1 pivot. Chart below.

How to use the 123 strategy effectively

...anything can happen, just be very careful.

FxTyrant EUR/USD System

EU - 5m short will be in again from 3220.. — .. edit: short filled and will take some off at Daily S1.

How to use the 123 strategy effectively

EU - Hrly & 5M short call... — ... Edit: now short from 3230 off the 5M tl break, 13 pip sl and will take some off @Daily S1 (3211), if it gets there. Edit: stopped out for -13.

How to use the 123 strategy effectively

Interesting, turns the standard wisdom on R:R on its head.

FxTyrant EUR/USD System

...so you use disaster stops only, is that right?

FxTyrant EUR/USD System

EU - cracking 5min long in play at the moment... — .

How to use the 123 strategy effectively

Yes, i take your point - it would be interesting to hear Paulus' view on this too - he seems to use a fairly mechanical/black white approach...using other clues, the pattern on the 5m had a bull flag look and feel to it (IMO) and price had been ...

How to use the 123 strategy effectively

EU 5M short — ...picture perfect 5M short...missed it myself though...again, look how price is interacting with that 138.2 fib extension and daily S1.

How to use the 123 strategy effectively