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Paulus replied Dec 30, 20101st count GU looking for shorts EU marked both counts ....short triggered no real trend price broke half way out of box price had been moving up at that point Expect very low volatilty today P
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010I bit im sorry seems along day today ..but I have deja vu ..the trouble with putting yourself on offer your some times shot at.lols sorry tdeu Im not the leader here many many good traders here far better than me..far more disciplined I know that ...
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010this week im going to trade a set up ive seen many times in fact I have posted the trades and been pulled up as they didnt qualify... But after looking at my trading history some good opportunities have been let slip If things go wrong this week I ...
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010ok Gu lost me 24 pips But account up 5% today so far now have 1 in place on both Gu and EU cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010TP now hit on this trade Now start a 123 short count EU +21 pips plus 20 from earlier GU short but looking like a stop out ..in which case GU still long and will look for 123 down count which technically is good as it bring EU and GU in line P
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010This long is going well but slow 8 pips from Tp
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010The EJ chart is correct on your 1st count and that trade is still in play your 2nd count although a 123 isn't used until the SL or TP of the 1st count is hit cheers Paulus
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010I am now short GU from 1.5423 TP is 1.5407 SL is 1.5448 cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010We have to have a lower hi for a 3 count on a short ...as price went from 46 to 47 we now have to move the 1 count we had to the new position and start again cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010it pays to stay sharp and counter trend with the current trend Ive watched GU all day for a short trigger only to surmise to late im in the wrong direction and it doesnt take much working out If you look at my chart you will see my 123 for a short ...
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010GU agree no trigger at all yet Eu agree triggered and banked 20pips REJ dont follow sorry Currently long EU from 1.3131 TP is 1.3252 SL is 1.3107 cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010in hind sight very difficult But here is the 2nd chart P
How to use the 123 strategy effectively
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Paulus replied Dec 29, 2010Hi Thomas 1st and foremost I never look at anything on my chart apart from the 123 set up I have trade double bottoms double tops flags descending triangles acending triangles areas around 0 and 00 levels Elliott wave wolf wave gartley patterns ...
How to use the 123 strategy effectively
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Paulus replied Dec 28, 2010Long EU and GU 2 shorts so far EU +21+11 GU +22+ 46 P
How to use the 123 strategy effectively
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Paulus replied Dec 28, 2010I use Cityindex , IGindex mainly between the 2 I get a good deal P
How to use the 123 strategy effectively
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Paulus replied Dec 28, 2010Nice wd Looking for longs here had 2 shorts will update a rules for 123 later ..after looking at all my signals and nearly signals P
How to use the 123 strategy effectively
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Paulus replied Dec 28, 2010With a fixed TP and SL you have to be careful when working out your stake or contracts traded per trade here is an example you get 3 trades on EU for +10 which win = 30 pips 1 Trade on GU which loses 40 = minus 40 pips Strike rate 75% But lost 10 ...
How to use the 123 strategy effectively
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Paulus replied Dec 28, 2010Yest closed when EU hit TP for +16 Today EU +21 ...1 in place for a short GU +22 .. 1 in place for a short P
How to use the 123 strategy effectively
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Paulus replied Dec 27, 2010Closed GU for +27 EU still short P
How to use the 123 strategy effectively