image Another 1-2-3 HL-LL-HL

Trading is as simple as 1-2-3

Any more updates for this year?

Follow the monthly candle and be profitable

Thank you, MikeCo. Is that an MT4 chart or another trading program? Wondering why pair name is not visible.

Trading is as simple as 1-2-3

The 10 TP was a reply to your question not a rule written in stone. The SL is the distance between bar open and low of the day - 1 pip ( in today's trades so far ). Time of day is not considered. NY and London sessions most active. Though JPY, AUD, ...

Trading is as simple as 1-2-3

image Exit with profit? Move stop?

Trading is as simple as 1-2-3

What pair, MikeCo? The pair name is not on your chart.

Trading is as simple as 1-2-3

image New bar. Move stop up to current open? Take profit? What questions are you asking yourself about this trade? "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins Socratic method is named after ...

Trading is as simple as 1-2-3

image Take the 5 pips? Move the stop up?

Trading is as simple as 1-2-3

image What questions are you asking yourself about this trade? "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins Socratic method is named after the classical Greek philosopher Socrates. It is a form ...

Trading is as simple as 1-2-3

image Entry idea.

Trading is as simple as 1-2-3

The SL is placed below the low of the day/above the high of the day. The trade needs some breathing room. Profitfarmer, my exit answer was not meant to be vague. Part of the problem is most traders are never satisfied with their profit because... ...

Trading is as simple as 1-2-3

Thanks everyone for the questions. Your questions help me clarify my trading and communication. When you do not understand what I am talking about, the fault is mine for not being crystal clear. Hopefully, you find my responses friendly and not ...

Trading is as simple as 1-2-3

image Traders all know that H1 has 4 M15 and 12 M5 bars within them. A D1 bar has 24 H1 bars. We are all talking about the same price. Each of us chooses how big of time slices we prefer to view.

Trading is as simple as 1-2-3

image The patterns also appear on M15.

Trading is as simple as 1-2-3

image The patterns appear on M5 timeframe.

Trading is as simple as 1-2-3

image Hello again, dagoods. doesn't one need to ask you on what timeframe are you would be searching for your 3 candle pattern? H1 is my preference. Though other traders may prefer different timeframes.

Trading is as simple as 1-2-3

Hi dagoods, I believe I understand your confusion. The 1-2-3 referred to here is the higher low, lower low, high low 3 bar pattern or lower high, higher high, lower high 3 bar pattern. The chart you posted looks like a swing high, swing low. Not the ...

Trading is as simple as 1-2-3

Hello profitfarmer: where do you get out? Possibly one of the most asked questions by traders. There are many factors involved in the answer. The exit could be a target price, a hard stop or a trailing stop. Placing a target and a stop loss upon ...

Trading is as simple as 1-2-3

is it really a 123? doesn't it start with bar 0? Bar[0] is the current bar. Bars are counted backwards from the current bar. A 1-2-3 starts with bar[2]. Bar[2] is 1, bar[1] is 2 and bar[0] is 3. image Does this chart help you understand?

Trading is as simple as 1-2-3

image Lower lows and lower highs indicates price is moving down.

Trading is as simple as 1-2-3