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forex1962 replied Apr 8, 2011wow could be onto something here — Hi Guys I think this is worth looking at. Would have had 70 pips on Cable & 90 on EU, if entered yesterday evening UK time. Cable pulling back a bit now and EU bouncing around R2 (7am London).
5-min PASS (Price Action Scalper System)
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forex1962 replied Apr 7, 2011Renko or not renko?, that is the question...... — I know this was mentioned a long way back, but never seemed to get an answer, just wondering about people's views on trying this with renko, obviously it eliminates the time frame issue. Got ...
5-min PASS (Price Action Scalper System)
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forex1962 replied Apr 7, 2011Just bailed out of EURGBP with 5 pips, again real money so bottled it but a profits a profit.............
5-min PASS (Price Action Scalper System)
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forex1962 replied Apr 7, 2011EURGBP — Would this have been a good set up or has the price dropped too far? Sorry for all the questios just trying to get the hang of this...
5-min PASS (Price Action Scalper System)
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forex1962 replied Apr 7, 2011I'm thinking this would have been a good set up, but seems to be going pear shaped.
5-min PASS (Price Action Scalper System)
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forex1962 replied Apr 7, 2011PP sorry forgot to add the link if you're interested url
5-min PASS (Price Action Scalper System)
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forex1962 replied Apr 7, 2011AUDCHF setting up for a short 8 point spread for me so no good
5-min PASS (Price Action Scalper System)
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forex1962 replied Apr 6, 2011I like the look of this, definately an enhanced version of Cubbybgood's 123, problem with that one was finding correct entries, ie not hitting the trend too late. Will give it a whirl at London open tommorow.
5-min PASS (Price Action Scalper System)
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forex1962 replied Mar 22, 2011Renko 123 pattern — I've been experimenting with Renko and the 123 pattern, got some interesting results, wondering if anyone else tried Renko?
How to use the 123 strategy effectively
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forex1962 replied Mar 22, 2011Renko 123 — Not sure if this threads still active, but I've been experimenting with Renko and the 123 pattern, seems quite interesting. Any thoughts anyone?
Profit All Day with Retracement - EA development
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forex1962 replied Mar 17, 2011I'm not saying I 'really know' but to me I would count it if I'm understanding you right, what would concern me though is if your point 3 pulled back to within 1 point of point 1, I wouldn't want to see a pull back beyond the 23.6 fib.
How to use the 123 strategy effectively
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forex1962 replied Mar 17, 2011Very nice....that's a couple of days off for me now!
How to use the 123 strategy effectively
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forex1962 replied Mar 15, 2011Wondering where this will go...........
How to use the 123 strategy effectively
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forex1962 replied Mar 8, 2011The key issue is to wait for the reversal, once you see the 123 developing after either a s/h or s/l thats your signal. If you're an aggressive trader you can follow the swing either long or short all the way and in theory only your last trade will ...
How to use the 123 strategy effectively
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forex1962 replied Mar 5, 2011Hi diamond, I know what you're saying about fibs, for me this is just the easiest way to read them and find profit targets, it all comes to the same thing, you just need to know which way you're plotting them. Nice move on the H1 CADCHF here.
How to use the 123 strategy effectively
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forex1962 replied Mar 2, 2011I started using Cubby's method a couple of months ago but didn't have a lot of success, I found I was entering trades too late and the trend would would reverse on me. After much thought and reading other 123 methods this is what I found works best ...
How to use the 123 strategy effectively
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forex1962 replied Mar 2, 2011There must be at least 2 bars between 1&2
How to use the 123 strategy effectively
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forex1962 replied Mar 2, 2011Could you point out the failing 123 points as I'm not quite sure where you mean on your chart
Profit All Day with Retracement - EA development