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Paulus replied Apr 1, 2011The GU trade has now hit its TP for +55 pips To Recap GU = -19 +62+55 EU = +52 GJ = + 46 Totals - 19 + 215 = +196 pips P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Apr 1, 2011Ok .... Lost 19 on the GU trade But gained 52 on the EU trade Also today Had another short on GU which went from the daily PP to Daily S1 for 62 pips currently long from 1.6007 risk a bit larger but calculated so as not to exceed 3-5% of account ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied Apr 1, 2011Yes your right I need to look at longer time frames for the trend..Im used to the 5min and so check the 15 and 30min charts so for 15 min should look at 1hr + I guess Still im happy so far 1 loser this morning but only 3% of balance and EU still in ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied Apr 1, 2011ok Im now in this trade using my SB account GU 1.6046 Risk 19pips Reward 70 pips Also EU 1.4156 Risk 22 pips Reward 54 pips London now open.......hmmmmm P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Apr 1, 2011Im looking at this as a possible short just need a red ha to confirm the only concerns No real trend the eye can follow..it more side ways...although longer term and taking yest into account we have a series of lower highs and if this turns into a ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied Mar 31, 2011very interesting this system and unusual esp for me to watch teh 15min time frame Im normally a 5min man its tempting to take any trade regardless of trend esp when you get a good refusal at a pivot point backed up by stoch ha and semafor.. I think ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied Mar 31, 2011No dont think so trend was up and the short would also need a refusal of a pivot point and there wasn't such P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Mar 31, 2011I hope i wont get my ass kicked here I see this as a signal for the long failed at pivot ...ZZ semaphor white HA with stoch crossing up ..?? P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Feb 19, 2011Tudor girl was deemed to have many names the indicators repainted although this was picked out many many times by us certain people on the thread just wouldnt let it go She/he was eventually disciplined by FF..I personally had no problems with TD as ...
1 trade a day
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Paulus replied Feb 18, 2011Im here but cant monitor and reply to all threads this system is simple so dont visit it But this week £$ M No trade T +70 W +63 Th +40 F long from 1.6230 currently up 21 pips P
1 trade a day
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Paulus replied Feb 13, 2011Hi Yes its only 1 pip thats all it has to be we do not want 1 and 3 the same 1 full pip min between the 2.. Count 1 I have 5802 Count 3 I have 5802 Therethe same..I dont use the 5th digit ..we need a proper lower high on 3 for a 123 short cheers P
How to use the 123 strategy effectively
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Paulus replied Feb 3, 2011Hi Yes its been a tough week although Im up 10% on the week thats well short of my target Today on EU Ive had a win 5% gain and looking for longs with a 1 in place On GU Ive had Loss and a win 0% gain and long from 1.6151 but dont hold your breath ...
How to use the 123 strategy effectively
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Paulus replied Jan 31, 2011The only pairs I watch are EURUSD and GBPUSD I have no info on any others Regards P
How to use the 123 strategy effectively
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Paulus replied Jan 30, 2011here are 2 very good calculators for working out your trade size P
How to use the 123 strategy effectively
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Paulus replied Jan 30, 2011You have to calculate before each trade..you can use a simple spread sheet or just pencil and paper ..its not exact as your fill may be a few pips out but its 99% correct cheers P
How to use the 123 strategy effectively
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Paulus replied Jan 29, 2011Hi I use the mt4 one also If you double click and go to fibo properties if you want to display the price on for example the 100% line just make sure it reads in description column 100 %$ cheers P
How to use the 123 strategy effectively
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Paulus replied Jan 28, 20111 win on EU for me 5% gain and 2 wins on GU 10% gain so a nice day P
How to use the 123 strategy effectively
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Paulus replied Jan 25, 2011We were looking for longs and nice looking 123 was there but my rules ruled it out as only 1 bar between 2 and 3 count..we didnt break the Asian hi and prices fell as soon as we went below Asian lo I was be looking for a long and got it for a win I ...
How to use the 123 strategy effectively