Target reached! image

123 Method by lgtj

This live trade that I took on the usdjpy daily chart was not exacly by the rules, but I entered it based on the monthly chart 123 pattern. I'm currently 91 pips in profit on this pair. Usdjpy is in a very strong down trend. Look at the charts ...

123 Method by lgtj

Looks like the trend is pushing price back in the right direction. I currently have 1 out of 4 entries in the red by only 43 pips. image

123 Method by lgtj

Great! Are you placing your fib on the 4H chart? If you are trading the weekly, daily, 4H combination, your fib should be placed on the daily chart. And your entries will be taken on the 4H chart.

123 Method by lgtj

I placed the order before point 2 was broken. I meant to say that I placed a buy stop order. Sorry for the confusion. Currently, I'm in the red on gbpusd daily with my last two entries (entries 3 & 4), but I am confident that the trend will push my ...

123 Method by lgtj

Yes. I placed a buy order 1 pip above the high last nite. Let's see what happens. I can't post a chart because I'm at work.

123 Method by lgtj

Nice methodology. What are your entry/exit rules?

Trend entry system/methodology

Gbpjpy daily macd went back into sell mode yesterday. Although the weekly macd is still in buy mode, it is showing weakness. I'll be on the sidelines with this pair for now. image image

123 Method by lgtj

Eurchf con't — Second scenario: This also could be a continuation of the previous 123 pattern. Price has stalled at the weekly trendline and the 23.6% fib of the previous 123 pattern. Also, when price touches the trendline, it will be the ...

123 Method by lgtj

Ok howard I'm back now. There are two possible scenarios that I see for this pair. First scenario: The monthly macd is in sell mode. The weekly macd just closed in buy mode. The daily chart macd has been in buy mode for a while and has stalled at ...

123 Method by lgtj

Hello Howard and welcome. I have to go to work now, but I'll comment about your post with charts when I get home later on. Stick around.

123 Method by lgtj

Here's audjpy daily. We may have a retracement in process. image

123 Method by lgtj

Audjpy monthly is in buy mode. The weekly is in buy mode and point 1 has been established. We must wait for price to retrace at this point in order for point 2 to be established. If you look at your daily chart, the macd is turning south which could ...

123 Method by lgtj

This is one pair that I stay away from because I don't like the erratic price action. Look at my charts. As you can see, the monthly is in sell mode, the weekly is in sell mode, and the daily is currently in buy mode and appears to be going into ...

123 Method by lgtj

Live trade update — Price has reached my BE point on eurusd. I'm currently over 350 pips in profit on this pair. image

123 Method by lgtj

No. I bailed out early with a small loss because price action wasn't looking too good.

123 Method by lgtj

No. I got the e-book off of another thread.

123 Method by lgtj

You're welcome!

123 Method by lgtj

Live trade update — Look at these charts of gbpusd. Everything is looking good so far. I am currently over 600 pips in profit on this pair. image image

123 Method by lgtj

Hello kkc and welcome. When price reaches the BE point, you can either bring all of your open positions to BE and let them run to TP, or close some of your open positions at the BE point and let the rest run to TP, or close all of your positions at ...

123 Method by lgtj