lopazopy, Thanks for posting your "small effort" strategy. I'm subscribing because I think your basic setup has some merit. It's been a week since your last post. I'd like to encourage you to continue this for at least a month longer to evaluate the ...

E/U 123 D1

Let's GO! — This has been a very informative thread. Let's keep it alive!

How to use the 123 strategy effectively

Subscribing because I trade a similar strategy, and this thread compliments what I am doing. Thanks lgtj!

123 Method by lgtj

Me, too...2 losses in a row 4 wins 2 losses

The Scalpers Dream

Profit — Me, too! 4 wins 0 losses Thanks, Jaws!

The Scalpers Dream

Jaws, Will you be waiting for price to continue up to 1.4050 before you would take a short trade @ 1.4015? If that's not a requirement, how much does price have to move up before you would consider another short trade? Thanks, BC2

The Scalpers Dream

Profit — +15 Pips on EU @1.4000 3 wins 0 losses

The Scalpers Dream

Good Advice!

The Scalpers Dream

Profit — BTW, I just made another +15 pips with profit at 1.3900 on EU So...2 wins/0 losses so far. Thanks, Jaws. Anyone else make this trade?

The Scalpers Dream

Stocky, Does this mean you are a better trader than Boris Schlossberg at BK Trader? Just kidding...but after all, Boris popularized this strategy.

The Scalpers Dream

Thanks — Good feedback, but... Hmmm...Jaws SL is 35 pips. Not much different from the proposed 30 pips.

The Scalpers Dream

TM, Oanda showed price only went up to 1.3932 before reversing and hitting your TP. Jaws seemed to indicate he would wait for price to go up to 1.3950 before resetting a new pending trade @ 1.3915. Obviously it worked well for you, but this leaves ...

The Scalpers Dream

Next — Now I have to wait for price to hit my long trade, or add another pending long if price drops down to 1.3850 as per Jaws rules.

The Scalpers Dream

Profit! — I made my 1st trade on EU for a short trade @ 1.3915 Took profit @ 1.3900 as per Jaws rules. Thanks, Jaws! BC

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TriMagic, Thanks for your report...that's helpful. Did you set your SL @ 1.3950, then? BC

The Scalpers Dream

SL — Jaws, Thanks for sharing your trading method. What is your recommended SL? 35 pips? Are you always placing your stops at the 50 round number positions? Can we effectively use a 15 pip SL in order to achieve a 1:1 risk to reward ...

The Scalpers Dream

If we try it, we may like it... — More, please! Thanks, BC2

FR2 - 4HR Buy Low/Sell High-Tight Target Oriented-Zoom Boom Alpha Trendline Trading

Can't wait!

Bollinger squeeze breakout auto trading robot by Steve Hopwood

Hey Bill...why don't don't you tell us what you really think? Best regards!

Simple Martingale System