yes your right only 1 bar .......if I spot them before i trade them I dont trade them..sorry even mine was invalid but luckily it went ok... Im not perfect ..almost ................but not quite No indicator for this no ea for this therefore ...

How to use the 123 strategy effectively

on an off around a year along side other things..I started the 123 about the same time i started looking at wolf waves..another price only way of trading..The rules I have work for me ...without a signal rule yoy wont know what 123 to take and what ...

How to use the 123 strategy effectively

with you on the 5min but on the 1hour you only have 1 candle from 2-3 I need at least 2 so its an invalid signal for me..if you dont apply this filter you will be taking loads of 1 bar formation signals P

How to use the 123 strategy effectively

out with 28 on gu and in a long with eu P

How to use the 123 strategy effectively

ok im long gu from 1.5742 TP is 1.5771 I have a pending order on EU to go long at 1.3227 So far today EU 31+25 GU 34+24+30 P

How to use the 123 strategy effectively

well its been good +30 on the GU short Bottom chart EU only had 1 candle between 2 and 3 so although it looks great it wasnt valid set up P

How to use the 123 strategy effectively

ok were there P

How to use the 123 strategy effectively

I need 1.3251 to close eu

How to use the 123 strategy effectively

GU hit its TP so closed at 24 pips and a count of 1 in place for the short EU still open atm P

How to use the 123 strategy effectively

Ive had 2 nice trades this morning on EU and GU +34 and +31 I now have 1 in place for the reversal

How to use the 123 strategy effectively

if you mean this which is the only 1 I can find .... 1and 3 are the same 3 needs to be lower P

How to use the 123 strategy effectively

Agreed without a chart I cant comment Cheers P

How to use the 123 strategy effectively

I started up 5min GU yest +20 monday +51 today and currently waiting for break of 1.5758 to short EU yest -55 +44 Today +22 -24 P

How to use the 123 strategy effectively

yes Im holding Im black and white with trading and unemotional very very rarely close early But my god its taking its time ! P

How to use the 123 strategy effectively

well from experience its either going to go up..sidways..or down...lols p

How to use the 123 strategy effectively

now we have it P

How to use the 123 strategy effectively

yes your right i was too quick i took that trade on a spread betting account..but the count is only 1 between 2 and 3 and so does not qaulify as a pull back sorry chaps P

How to use the 123 strategy effectively

sorry marked it up wrong P rule still stands

How to use the 123 strategy effectively

my 1st 5min trade..trying new tgt of 161.8 of the move from 1 - 2 for better RR 1hour UC and 1hour EU also open P

How to use the 123 strategy effectively

very interesting number cruncher im now looking at an extension of 161.8 as a fib TP from entry This should give 3;1 risk reward using count 3 as SL and 1.6: 1 RR using count 1 as SL Of course we need to get to the TP ! But if we use MM and have a ...

How to use the 123 strategy effectively