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Paulus replied Dec 21, 20102 nice trades jeff wd Iv been through 'the crash' many times not often now though..it used to make me feel sick now it doesn't effect me. Good luck on the back testing..123 has been around for a long long time Im sure it solid and consistent but ...
How to use the 123 strategy effectively
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Paulus replied Dec 21, 2010My daily trade is still going well atm no where near the TP area yet but up 300 odd pips which is nice p
How to use the 123 strategy effectively
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Paulus replied Dec 21, 2010Yes your right sorry ..but I took the trade this is 2nd time its happened in the last couple months .. Not trying to fudge any thing it happens...no indicator or ea for this....... saw the pull back was looking at EU also that had at least 5 candles ...
How to use the 123 strategy effectively
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Paulus replied Dec 21, 2010short GU at 1.5526 tried to post but couldnt get into site ! TP is 1.5488 SL is 1.5567 EU has a 123 but no trigger yet P
How to use the 123 strategy effectively
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Paulus replied Dec 20, 2010ok closed the gu trade just now for -15 at 1 point was up 40 but rules are rules No other signals triggered cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 20, 2010My GU trade is now pulling back my stop is set at 1 pip above point 1 and I have 5% mm in place My UR hit its short TP and I know have a 123 in place for a long which will trigger if it hits 1.3131 My stop loss could be 300 pips if I risk 5% of a ...
How to use the 123 strategy effectively
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Paulus replied Dec 20, 2010Hi I look at all charts and i have a simple rule .. if you look at all the systems and threads iv started there is one thing in common you look at the chart and its easy on the eye...it makes trading simpler .. I like black and white logic I dont ...
How to use the 123 strategy effectively
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Paulus replied Dec 20, 2010I did enter 123 in red with stop loss 1pip above the 1 so im not stopped out cheers Paulus
How to use the 123 strategy effectively
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Paulus replied Dec 20, 2010Closed out my EU with +37 GU still short p
How to use the 123 strategy effectively
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Paulus replied Dec 20, 2010Im worried..please dont over complicate a simple count with loads of useless indicators..you end up with too many conflicting signals I have devised many system based on indicators none are as reliable as taking reversal 123 counts dont worry about ...
How to use the 123 strategy effectively
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Paulus replied Dec 20, 2010I have 2 shorts triggered atm EU from 1.3140 GU 1.5523 Cheers Paulus
How to use the 123 strategy effectively
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Paulus replied Dec 18, 2010Hi I use FXDD for the charts but a spread betting for my actual trading you can trade £10 a pip and scale out £1 a time its flexible My charts are 2 hours ahead of my local time which is GMT cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 18, 2010I had a loser on each -59-45 But its a good result cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 17, 2010I will trade every day unless markets closed..low vol is not good for any type of trading smaller TP but also smaller loss. P
How to use the 123 strategy effectively
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Paulus replied Dec 17, 2010Ok just closed both GU for +21 EU for +15 so figures for the week now read EU +30 +15+30+22 +22-59+41 +33+28 +21 GU +14 +48+29 -45+25 +26+25 +28+15 P
How to use the 123 strategy effectively
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Paulus replied Dec 17, 2010Im tempted to close as both are in profit but I will set an alarm and if no tp or sl hit i will close around an hour from now stats for my week EU +30 +15+30+22 +22-59+41 +33+28 GU +14 +48+29 -45+25 +26+25 +28 and 2 open trades 1 each on the above P
How to use the 123 strategy effectively
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Paulus replied Dec 17, 2010I am now long EU from 1.3167 SL 1.3131 TP 13198 P
How to use the 123 strategy effectively
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Paulus replied Dec 17, 2010I am now long GU at 1.5492 SL is set at 1.5452 TP is set at 1.5527 I know its late I know its Friday but the weeks been good to me and up 162 pips on EU and 150 on GU
PHow to use the 123 strategy effectively
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Paulus replied Dec 17, 2010I have a 123 in place for both Eu and GU Entry for EU is 1.3166 Entry for GU is 1.5491 I will post my week end stats later this evening Cheers P
How to use the 123 strategy effectively
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Paulus replied Dec 17, 2010Nice pips there you are in fact doing every thing they tell us to do Cut losses let winners run and try for a 3:1 risk reward....very nice Good luck to you also P
How to use the 123 strategy effectively