..anyone taking the 5m GU short? Advanced entry already triggered and now testing swing 2...order in @5767 and given the strength of demand earlier in the session, that's where i'd like to take final exit. edit: not this time, will have to wait a ...

How to use the 123 strategy effectively

Nice one, thanks Richard.

How to use the 123 strategy effectively

Decided to exit at the Monthly Pivot for +56.

How to use the 123 strategy effectively

For some reason i'm unable to browse the indies and template for this from my PC when i try and upload, probably to do with PC admin rights or something, as it's a work machine. Anyway, here's a screenshot of the indies, you should be able to find ...

How to use the 123 strategy effectively

GU long 123 set up nicely, with a 'nested' smaller long 123 in support...nice R:R on this one.

How to use the 123 strategy effectively

GU hourly thoughts... — ...look at the demand level around 5500..ties in very nicely with a 1:1 target from the short 123 developing on the hourly chart at the moment...just a thought.

How to use the 123 strategy effectively

GU & EU - looking for 5M longs — ..a shot of GU (5M) with 1 & 2 swing printed...waiting for EU reversal to long too (5M).

How to use the 123 strategy effectively

Very kind of you to share this, thanks.

Easy Eyes (No Indicators) Simple Day Trading

Nice charts, enochben. I'm thinking pivot &/or supp/res levels for targets from these entries...what exit strat have you found works best for you? Edit: A couple of corkers off GU and EU just now (short).

Easy Eyes (No Indicators) Simple Day Trading

....EU 5min long stopped out as the '1' low now broken.

How to use the 123 strategy effectively

I'm using the MACD indie more for decision support, it will often signal within a reversal zone and will often be in support of the developing reversal 123 (today's 5M long a case in point)...which, as we've been seeing can often take many candles ...

How to use the 123 strategy effectively

...this morning's EU long still in play... edit: stalling at the 138.2 extension (again). I think there's enough consistency with price interaction around this level to develop an exit strat. Once 138 tgts are hit, TP and reset the fib looking ...

How to use the 123 strategy effectively

EU - 5M long — ...as price was heading down into 7am (GMT) the hunt for 123 long was on. I have this one as the first qualifier (as per Paulus' def), which is in long now from 3375. The 161.8 fib extension ties in with a Resistance Pivot, so ...

How to use the 123 strategy effectively

Great patience if you're still holding the long, 161.8 FE (3319) not far off now

How to use the 123 strategy effectively

looks a 'good shape', too. I'm long from 3291 and will take the 138.2 ext if offered, as analysis on my other 5min chart is suggesting another leg down...

How to use the 123 strategy effectively

Not far off ADR now and perhaps the US will give it a kick north from a Paulus long 123

How to use the 123 strategy effectively

...still only 1 candle between 2 & 3??

How to use the 123 strategy effectively

....nice jink up so far..

How to use the 123 strategy effectively

Hi P, you decided to relax the 5min criteria on number of candles between 2 & 3 on that one?...(only 1 rather than >1)

How to use the 123 strategy effectively