i see. can i ask then, what is your target. distance from 2 to 3 doubled or? i might have asked this before.. getting the feeling you draw fibb from 1 to 2 right?

123PatternsV6 revisited

hey alrightfrank, can i ask you. is it true that you always take those aggressive breaks on the point 2 or is there some other criteria that you use? i do see these trades but i am reluctant to get in because i want to see the 123 and enter on the ...

123PatternsV6 revisited

hey and welcome. i asked a similar question and got the answer that a cci is not part of this method. but i personally do want to use it in this setup. if you ask me it looks like often when the price is breaking or trying to break point 2 in a 123 ...

123PatternsV6 revisited

i like this idea so much. i did something similar two days ago. after seeing the 123 go short and i did have that one to.. i put another order in to sell at the old point 2, stop was 3 pips + spread. wouldn't you know it my order got filled, target ...

123PatternsV6 revisited

hey i do not know if this will help but.. the zigzag draw lines at and in between extremes of price action. the defining factor in when or why a line is drawn is when price is greater then stated percent value. the depth is referred to as the ...

123PatternsV6 revisited

thank you robdee, that was exactly the answer i was looking for. your thinking is close to mine and that makes me happy.. now for me to find something more to learn. right

123PatternsV6 revisited

yes i did see that 123 long in the london session and i did take that long. from your "buy zone" i also noted the second 123 short however i did not want to go with that because i am of the understanding that agressive breakouts of 123's do not ...

123PatternsV6 revisited

eur/usd looking like a 123 long atm, if you ask me. whats your guys take on the high impact news in a proximately 50 minutes?

123PatternsV6 revisited

spacepip: nice one, i got the very same trade! :-) robdee: thank you for the fast answer. i understand the concept of the sellzone/buyzone, however i really did not think about that spot for entries before reading this thread. i usually do trade ...

123PatternsV6 revisited

hey, what other technical aspects are there to this setup. do you use cci 200 like one poster said? or is it only the 123's and volume during trading times? can you please elaborate further on the pure technical "how to find and enter the trade" ...

123PatternsV6 revisited

hello all, just sayin "hi". been reading this thread for a while now and im at 3k+ posts.. hope your all doing good. looking forward to see where this takes me. and yes i do try to trade this on live with very nice results i must say! :-)

Flag trading the trend

i like the 123s a lot however i often have trouble finding where to get in. so i tried different indicators to try and see how much power there is behind a move. sometimes i get it right and sometimes i dont. so this thread will be intresting to ...

123PatternsV6 revisited