Jeff thanks for doing the back ground work ..it takes time to do properly and you have done a good job..your right in hindsight the 123 count can easily fool you ..I often will go back over my daily trades if I have time whined it back to start time ...

How to use the 123 strategy effectively

+29 on the GU trade listed above and +22 on the EU long that triggered Totals GU +48+29 123 count in for short but not triggered yet EU +15+30+22 1 and 2 count in for short

How to use the 123 strategy effectively

Looking at my results its better to get the 1 count only in the Frankfurt hour not the whole 123 cheers P

How to use the 123 strategy effectively

1 trade on GU +48 and long from 1.57.70 with a TP of 1.5799 2 trades on EU +15 and +30 have a 1 and 2 count in for the long cheers P

How to use the 123 strategy effectively

Iv have been checking most of my trades for the last coupkle months and it seems to be an advantage to start the count 1 hour earlier than my normal 8am UK time start The hour before this captures Frankfurt open and seems to be worth it cheers Paul

How to use the 123 strategy effectively

Hi I couldnt of taken that trade due to my rules I would be looking for the short as the signal you show on the 30min is a trend continuation trade. How ever if pushed this is my count and entry..all parts qualify and are valid obviously the none ...

How to use the 123 strategy effectively

the 2 trades yellow box is TP area cheers P

How to use the 123 strategy effectively

only 2 trades today 1 on each EU and GU +30 and +14 just constantly moved up my 1 count after that with a 2 never being broken and a 3 never being formed P

How to use the 123 strategy effectively

For long I go 2 to 1 that way I get the 100 200 300 etc above my entry which it is where it should be cheers P

How to use the 123 strategy effectively

Hi Jim Good question that and one im often tempted with but to keep it clean I wait for the end of Asian to start the count cheers Pto jump

How to use the 123 strategy effectively

its quite high i hit 75% - 85% P

How to use the 123 strategy effectively

the weekly and current trade on that time scale The yellow boxes are 61.8% levels...we are currently at one of these levels and Im hoping for another rally to break the last high and drive through to my TP P

How to use the 123 strategy effectively

here it is again on the daily Hopefuly we have the 123 count all that is happening here is the following The price is up trending which means more buyers than sellers The price pulls back as people take profits and gives us a 1 at the top Others buy ...

How to use the 123 strategy effectively

what iv done here is simply draw a 61.8% fib pull back on a new high starting from point A and noted the areas that would concern us Traders often in an uptrend will have a strategy for buying the dips at these levels. P

How to use the 123 strategy effectively

I closed the GU long that triggered 5mins before mkt closed for +17 Cheers P

How to use the 123 strategy effectively

Hi Its the most powerful and respected Fibonacci level in trading The Golden Ratio After the first few numbers in the Fibonacci sequence, the ratio of any number to the next higher number is approximately .618, and the lower number is 1.618. These ...

How to use the 123 strategy effectively

Yes thats right..you can take them but if you do you end up taking loads of trades.. we need 3 definite candles the 1 2 and 3 count if we just add 1 candle in between each then that gives us 5 candles for a formation that use 3 ! way to tight.. I ...

How to use the 123 strategy effectively

I now have a 2 in place on both ....just..but for a 3 I need a pull back to the 61.8 level and more than 1 candle in between 2 and 3 count

How to use the 123 strategy effectively

Hi Once im in a trade I never close out early or carry out analysis on my chart..my trading has to be black and white and rules based I have only 2 options once im in a trade I lose when my fixed SL is hit I win when my fixed TP is hit On a short my ...

How to use the 123 strategy effectively

i had +38 on GU and +30 on EU only 2 trades so far today both short I have 1 in place on both which means looking for longs P

How to use the 123 strategy effectively