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Paulus replied Dec 27, 2010I am short EU and GU GU from 1.5423 I actually got to 1pip of TP and then it rallied slightly EU short from 1.3148 and bumbling around just in profit will answer question on MM a little later cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 27, 2010Hi Jim If I come into the market at midday for example all I simply do is look for the last 123 signal and see if its in play In other words if I see a qualifying short that triggered 30mins ago and it is still active ie no tp or sl hit then I have ...
How to use the 123 strategy effectively
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Paulus replied Dec 26, 2010Christmas week EU 37 31 -15+45+3 10-23+18 -2 Total = +104 pips GU 12 33 11+3 21-40 Total = +40 pips Combined Total = +144pips Cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 24, 2010not a bad day yest all in all im please with prob the least volatile week in the year you can trade. Alot of the big bang boys booked there gains and now drinking $1000 bottles of Dom Perignon have a 1 in place on EU for a short P
How to use the 123 strategy effectively
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Paulus replied Dec 22, 20102 small longs both triggered Eu and GU Will close at 11pm tonight now 3 min to 10pm not a bad week so far considering last week before Christmas which is notoriously bad for day trading cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 22, 2010+11 on GU kooking for a long 123 set up -25 +45 on EU 123 in place for long but no trigger yet cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 22, 2010some traders use the 123 out of consolidation others use it with the current trend I use it counter trend if right I get the begining of the trend if not I lose I have traded with the trend alot trouble with a trend you want to grab the middle the ...
How to use the 123 strategy effectively
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Paulus replied Dec 22, 2010I will be long on the following EU if we hit 1.3103 GU if we hit 1.5407 cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 22, 2010I need to clarify some thing here which I thought was obvious and haunt happened a great deal so its not really come up but have had an email from some one who had my address before i closed out email and Pvt messages If we go short and that fails ...
How to use the 123 strategy effectively
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Paulus replied Dec 22, 2010No in my rules I close at close of Us market start of Asian market P
How to use the 123 strategy effectively
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Paulus replied Dec 22, 2010Hi Side yes 2 trade so far -25 on EU and +11 on GU Because of my MM trade twice as many contracts ( £'s) on GU compared to EU so currently approx flat for the day The thing about this MM is having 1 loser at 50 and 4 winners at 10 overall in the ...
How to use the 123 strategy effectively
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Paulus replied Dec 22, 2010Hi Using the rules I trade by the 1 ount should never be moved in the case of a short set up unless the price makes a higher high than your current number 1 position. I dont understand the invalid trade part of the question Im looking at your chart ...
How to use the 123 strategy effectively
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Paulus replied Dec 22, 2010Closed the EU trade for +31 when 1min before US closed cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 21, 2010Its tough I know but try to be mechanical black and white Closed at 50 today instead of TP and in 1month you will be closing at 40 eventually you will close when you get a gut feeling to do so and will be risking 70 to get 30 If you lose you lose ...
How to use the 123 strategy effectively
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Paulus replied Dec 21, 2010Agree this went bust but only 5% of your bank went with it And I understand your play but we look for inital direction from Asian and mark from there. Hope that helps paulus
How to use the 123 strategy effectively
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Paulus replied Dec 21, 2010My thinking on trends..I have studied trends untill I see them in my sleep..I have used all kinds of indicators to help me identify trends.. Thats fine if you need an EA as a piece of logical code needs a number crunched piece of data to determine ...
How to use the 123 strategy effectively
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Paulus replied Dec 21, 2010the 1 was in place in the 1st hour as my 1st post todays states 123 in place but no trigger the 2 was easy and the 3 followed at point A..but no trigger and then a higher high then A was made so 3 gets moves I then got the trigger at the arrow as ...
How to use the 123 strategy effectively
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Paulus replied Dec 21, 2010Just gone short EU from 1.3132 TP is 1.3065 SL is 1.3202 SL in pips is the biggest yet at 70 but MM has been adjusted and loss will be no greater than 5% of account balance P
How to use the 123 strategy effectively
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Paulus replied Dec 21, 2010Limit sell on EU at 1.3132 is still active P
How to use the 123 strategy effectively