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Paulus replied Jan 12, 2011yes triggered at 1.2991 for 115 pips Cheers P
How to use the 123 strategy effectively
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Paulus replied Jan 12, 2011you guys doing very well had some good trades today giving results in lose win not pips as each win or lose is 5% for me EU 5min L W currently looking for shorts EU 1hour W on 2B trade currently looking for shorts EU 4hour W currently looking for ...
How to use the 123 strategy effectively
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Paulus replied Jan 8, 2011I like these setups very much and will be looking at them next week..although I will build in some rules P
How to use the 123 strategy effectively
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Paulus replied Jan 8, 2011still holding the daily Minut draw down on this trade at the circle nearly at TP with swing low gone ..posted this trade as I took it Up 530 pips so far P
How to use the 123 strategy effectively
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Paulus replied Jan 7, 2011lost 10% yest gave a small part back of good gains over last couple months yest saw my daily trade swing south again now up 470 pips nice + 150 pip move yest if we break last major swing low this will go on to smash its TP.......I hope ! cheers P
How to use the 123 strategy effectively
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Paulus replied Jan 5, 2011I will take what ever happens as I have to be black and white with the signals and do no pa analysis that saying the only alarm bell in my head is that Im looking for longs on GU and short on EU I like them in sync with one another P
How to use the 123 strategy effectively
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Paulus replied Jan 5, 2011Ive sat out alot today waiting for signals but I never beat myself up about it Ok we have a great down trend and I got do pips from it but that cuts both ways I didnt lose either and there were no signals so Im ok with that 'lion in the long grass ...
How to use the 123 strategy effectively
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Paulus replied Jan 4, 2011Hi image image I use a fib level as its mechanical and seems to work well
How to use the 123 strategy effectively
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Paulus replied Jan 4, 2011Hi yes thats correct the 3 represented by the in the circle becomes your new number 1 and the count start again cheers P
How to use the 123 strategy effectively
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Paulus replied Jan 4, 2011Hi Lynne We both took this trade but it was in fact in valid as the 3 needs to be higher than 2 on a long we need a higher low. Not to the 5th decimal place but 4th. Your 3 gets moved to the circled position if it makes a low lower than the previous ...
How to use the 123 strategy effectively
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Paulus replied Jan 4, 2011sorry Im not using any ea's EU nearly failing so then need GU to win and just noticed by 1 and 3 on EU was double bottom not higher low so invalid...stupid stupid mistake P
How to use the 123 strategy effectively
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Paulus replied Jan 4, 2011thats true it all breaks down when traders tryt o emulate exactly other traders trades ..I know from experience thats quite difficult esp with the different time zones..the only way is with an ea I guess but then you need a system that can be number ...
How to use the 123 strategy effectively
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Paulus replied Jan 4, 2011I took that one lost 32 pips but made the 5% back I try to take every signal..I have to be consistent
How to use the 123 strategy effectively
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Paulus replied Jan 4, 2011Ive used it on indicator based system with good success I just have a reluctance to use it on this as its an indicator..albeit we are not using it to enter a trade and it does not effect the 123 set up I supposes its nothing different that an EA ...
How to use the 123 strategy effectively
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Paulus replied Jan 4, 2011Think ive tried just about every thing on this i dont even move my stop to break even when im 1 pip from TP...we have to give the trade a chance to breath and breathing means space My stop is at the best position as far as I can see which last swing ...
How to use the 123 strategy effectively
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Paulus replied Jan 4, 2011I shut down any trades when US closes..whats time UK ? Cheers P
How to use the 123 strategy effectively
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Paulus replied Jan 4, 2011hey ho in and out today put off alot last week ..... P
How to use the 123 strategy effectively
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Paulus replied Jan 4, 2011nice trading but tooooooo early for me Long EU at 1.3353 TP 1.3379 SL 1.3321 Gu nothing yet but 1 and 2 in place for the long cheers P
How to use the 123 strategy effectively
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Paulus replied Jan 3, 2011good day today EU +21-21+22+20 = +10% GU +17+26 = +10% rather than pip gain Im looking % of account gain P
How to use the 123 strategy effectively
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Paulus replied Jan 3, 2011+21 on long EU Long GU at 1.5468 TP 1.5485 SL 1.5444 Looking for shorts on EU P
How to use the 123 strategy effectively