Many thanks - i'm stopped out on both EU & EJ shorts now, on what i've been using as 123 longs, but these are not in line with Paulus' definition. If i'd followed his def i wouldn't have been in these shorts in the first place...i think i'll be ...

How to use the 123 strategy effectively

Thanks, appreciate the sentiment, however, i'm trading PA and these 123s off the 5min, where a short for 1:1 is probable despite longer term, higher tf trend. Many thanks for pointing this out though.

How to use the 123 strategy effectively

...i've been trading 123s for a while and i've taken this EU 5M short (and EJ), however, I think Paulus would say that these do not qualify as there are not 2 candles between 1 and 2...i may be wrong but that's my understanding...Paulus? edit: in ...

How to use the 123 strategy effectively

...Paulus' 123 price action thread is another good reference, for naked trading, apart from using the fib qualifier!

Easy Eyes (No Indicators) Simple Day Trading

Paulus, thanks for sharing your ideas on this pattern, very useful. edit: now in on the EU long. Edit: 15:27 and out, for a useful +24.9

How to use the 123 strategy effectively

Another nice signal and trade (referring to your +40.3 pips). Thanks for posting the new indy, very useful.

Part 2 EURUSD Trend magic System

Rate of change (in price) is probably more accurate. I don't use a ROC indy, just pick it up from observing price...prior to that particular trade, EU and EJ were pulling away short quite strongly and GU was 'lagging', but the GU 30min HA was ...

Easy Eyes (No Indicators) Simple Day Trading

GU - short from 5551.3 — Targeting price level around 4hr demand..will be v happy with 20 pips, if offered....but will take what meets an acceptable profit (for me) before this...and will move stops to b/e when price action throws up a few ...

Easy Eyes (No Indicators) Simple Day Trading

GU - short — ...i'm now in the GU short using 20 sl/20 tgt...this is based on the current momentum of dollar strength on the other pairs i'm watching...the method cannot be traded blind, as there isn't enough of an edge. You have to take other ...

Easy Eyes (No Indicators) Simple Day Trading

GU - last 30min HA closed... — ...with indecision, slightly bearish but not strong enough now to support a short, so short order cancelled. Edit: ...clearer indication of momentum now on EU and GU...you get the picture...won't keep posting ...

Easy Eyes (No Indicators) Simple Day Trading

GU - short pending — I'm watching GU, EU and EJ today. I have a GU short order pending at the moment. On the 30min HA chart, GU has the clearest indication of trend compared with the other 2 pairs, imho. I will trail the order up for entry, as ...

Easy Eyes (No Indicators) Simple Day Trading

go to 'chart options' and select 'show historical trades & orders'.

Easy Eyes (No Indicators) Simple Day Trading

...which is easy to do with Oanda, as everything can be displayed on the chart (orders, entries, exits, stoplosses, profit limits etc), can be toggled on/off. I won't be trading until an hr or so into London but i'll post Oanda charts detailing ...

Easy Eyes (No Indicators) Simple Day Trading

...which pair?, i'll take a look and see if i'd have done anything different.

Easy Eyes (No Indicators) Simple Day Trading

Newyear498, just wanted to thank you for your ideas here. Some nice stress free scalps off a couple of pairs for me during London so far. Nice way to trade, and it lends itself well to the Oanda charts, which i also use.

Easy Eyes (No Indicators) Simple Day Trading

EU - indies long, price action short? — ...interested to see if PA is signalling short ahead of the indies on EU atm. By definition i guess it should do, but the indie lag sometimes saves us from poorer trades, we'll see. Edit: updated chart ...

Part 2 EURUSD Trend magic System

EU - 15min short building perhaps... — ..although there was a 15min close above the 61.8, which is usually a bullish sign...on watch for now.

Part 2 EURUSD Trend magic System

scratched for b/e, if these trades don't move away decisively from entry it's probably best to exit for small profit / breakeven. I took too long to exit this one really, given it's Thanksgiving. Still, there was 10+ pips in this one for those more ...

Part 2 EURUSD Trend magic System

...for some reason i can't upload the file from my mt indies folder but it's the xADR_vbobv1 which if you search the site for should come up in a post somewhere.

Part 2 EURUSD Trend magic System

GU - short — ...short GU this time, will exit 50% at daily S1.

Part 2 EURUSD Trend magic System