London session — EURUSD London opened on the overbought side. TTE then down to second fibo target, only +80. Guess bulls waiting to see what eurozone politicians throw up. image

123PatternsV6 revisited

123Alarms update - now includes email alerts — 123Alarms has now been updated. The only change is that Email alerts have now been added. See previous version for instructions at post #1224 To allow MT4 to send email messages you need to ...

Multiple Trading systems gbpusd only

London session — EURUSD London Open found support down near 4hour 50% fibo (see prev post) Lazy bulls, first target not reached image

123PatternsV6 revisited

Euro - I am trying to think like a Bull — Start of a new week, I'm trying to change my mind to think like a Euro Bull. Using 123 analysis and 50 fibo makes 1.3326 look interesting for bulls. image Note: Keep clicking on this image until you ...

123PatternsV6 revisited

Fibos CCI and TTE combined — Here is an example of my Basic Setup with Fibo Targets and CCI(144) on 5min charts. CCI(144) represents a 12 hour cycle so fits the intraday scenarios well. With Fibos, CCI, and TTE this is getting more ...

123PatternsV6 revisited

reply to calstock — G'day Glenn, welcome to the thread. Those 5min settings you are using are the same as my basic settings I use on 5min and 4hour. I expect that those settings will also work fine on 15 min and 1 hour. At least as a good ...

123PatternsV6 revisited

Week 3 no change — Week 3 No gain, no loss. I have been thinking like a euro bear all week, but that didn't work well. Now 3 weeks behind trading plan schedule, a lot to make up. Thinking of changing over to EURJPY instead of EURUSD.

100 Fold Challenge -> Interested? TEST yourself

Bull market - ready for prime cuts — Brilliant TTM, I don't know how you find these, that cartoon fits my sense of humour to a T. Thanks!

Trading Cartoons and Pics

reply to davidtrader — move from 1-2 is 88 pips (strong) move from 2-3 is only 45 pips (not strong)

123PatternsV6 revisited

I'm still thinking like a Bear — EURUSD Can't seem to get those bears out of my mind. Cost me -20 pips soon after the London Open. Looks like a good defense of 1.35 by the bears. image If anyone sees a clear bullish picture, I'm interested ...

123PatternsV6 revisited

reply to davidtrader — Yes, wait for bearish 123 pattern and draw your sell zone. Good question, that is the purpose of this thread to find answers. One simple way taught by Joe Ross is this. Wait for strong move up (60+), then look for ...

123PatternsV6 revisited

reply to davidtrader — Hi david trader, your chart is easy to read. Any time you see price moving below point 3 that means the pattern is no longer valid, the sellers are too strong. If you see this then it is a good time to look for an exit.

123PatternsV6 revisited

Month view - 4hr chart — Thanks to Vantage we are seeing more details of the relationship between higher and lower timeframes. I like to see what is happening on a monthly scale using the 4 hour chart. I use a 30 candle cycle and during ...

123PatternsV6 revisited

SP500 to 1000 — SP500 futures (ES) daily chart. If the down channel holds this rally then a drop to 1000 is possible before the end of this year. image

Compression Project

Bulls were ready for Fed surprise — EURUSD London Open big volume did not break first bearish target, this was good evidence of bullish support. Bulls reacted to any price action below 50 fibo. Fed surprise announcement produced 200 pip ...

123PatternsV6 revisited

brief reply to Vantage — Welcome Vantage, thanks for your input. You have a broad perspective on many elements of analysis which is valuable to consider in the context of this thread. I will have to go through your posts carefully step by step ...

123PatternsV6 revisited

London session — EURUSD Bulls had another attack on 1.34, reaching 1.3440 before falling. 123Patterns did not show a bullish break, hard to find an entry. image

123PatternsV6 revisited

Reply to amochoc — G'day amochoc and welcome to the thread, glad you had a great cruise around NZ. The number of cruise ships visiting Tauranga increases every year. I was a university student in Dunedin back in the 80's, great Scottish ...

123PatternsV6 revisited

Basic Setup and ZigZag — Mabuhay frank My charts are what I call Basic Setup ShowAllLines = False ShowAllBreaks = False ShowTargets = False You will also notice in my recent posts I have removed ZigZag (training wheels) from my charts. Anyone ...

123PatternsV6 revisited

London session — EURUSD London session opened near the 50 fibo, no candles closed below 50. Bulls took price up 100 pips. Bears defended 1.34 at a price lower than last week's defense. image I am liking that 50 fibo following a break.

123PatternsV6 revisited