Higher tf 123 patterns — Here a 15min chart of eur, with 123 patterns of 2 level (violet and blue), notice how the countertrend 123 patterns usually give low profit (and overall bad r:r ratio), while the trend direction 123 patterns work ...

1 2 3 Strategy explained

image And here another trade, right now

1 2 3 Strategy explained

image Trade taken right now, eu 1min chart. A 1-2-3 pattern (the broke of 2 was a sign that the current uptrend-retrace was finished), the second 1-2-3 pattern was very little, but the RR offered was much good. (Thanks for adding some material, i ...

1 2 3 Strategy explained

Hello, usually when the 3 point do not broke the 1, the pattern looks more promising (we look for an inversion with this pattern, so if the 3° point is not strong enough to broke the 1° one, it's a good sign), however many times even if 3° point ...

1 2 3 Strategy explained

Friday trades — Hello, Calm trading day today, we just had 2 trades, one looser and one winner. The first one, gbpusd: The cable was on an interesting point, after make a double bottom (the second bottom was slightly higher than the first), a ...

Warnsoft Journal

Yesterday and Today trades Dear Readers, Yesterday we did incur in a trenemdously choppy day, the "rule" in choppy days should be to get the profits quickly, to not get trapped by the fast up and down of the market. However, I didn't respected this ...

Warnsoft Journal

Tuesday trading, no big actions — Hello, today trading was not driven by a great action, just a few scalps on usdchf. A relaxing day, +0.6%.

Warnsoft Journal

September — Hello, it's almost half month from my last update on this thread. September has been started (we've missed the first week), results are good so far, and we're not trading a demo anymore. I did forgot to keep this thread up to date, ...

Warnsoft Journal

congratulation, it's a great trading system (or just the beginning), very similar to the way i trade. When we have a false countertrend breakout, let's look for some trigger inside the false-breakout space (like false bo happen on 30m uptrend chart, ...

fake breakouts against a strong trend

I've learned to be responsable about my actions (trades).

No more BS - What have you learned?

I am free to critics or disappontments, if you feel there is something wrong in my theories/ideas please write it down on a post, it would be very useful! I am still thinking about making a good video of a trading session where all those ideas are ...

1 2 3 Strategy explained

continue — And if the new new sell pattern don't have the necessary momentum, another failure can be expected, and what's the situation on the higher fractal? Is there a good momentum? image Price make a pattern failure after another, going ...

1 2 3 Strategy explained

Breakout, Momentum, Trend — Hello, With the markets closed and some free time in this nice weekend, i've decided to open the chart and spend some time looking my trades of the past week, there is still a big question not yet answered, and it's ...

1 2 3 Strategy explained

Hey thank you very much, it is very appreciated!

Derivatives Documentary

August finished! — Hello, with today the august trading month has been concluded. It was a good month, our strategy changed (improved?) during this month, the risk tolerance has been narrowed drastically in the last weeks (from 17 august). The ...

Warnsoft Journal

Psychological Stuff — Hello, In this little article i want to write down some personal thinking about psychology and losing streaks. Every trader have to deal with losing streaks, and in my opinion they are very dangerous because they activate ...

1 2 3 Strategy explained

I'm glad to see it work well, thank you too! It's a pleasure for me

Modify RR EA (Traffic Light)

Hello, I see that your function don't make any return. If i would do it on my way, i would do it like this: First, no function at all. then, just put this soon after the start(): double openorders=0; for(i=0;i<OrdersTotal();i++) { ...

Modify RR EA (Traffic Light)

Just a few trades — Dear Readers, Just a few trades today. The eur was ready to point down, after broke the retracement support. We've made some profit selling it, soon after my sell price reach again a resistance area (great place for high ...

Warnsoft Journal

Dear sir, you can make a function that find the number of currently opened position with a certain magicnumber (or no magic number at all if you prefer), and when the opened positions are "0", then you can let the ea reset the stuff.

Modify RR EA (Traffic Light)