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lemercenaire replied Aug 19, 2016USDCHF Perfect long-bladed sword for a 1-2-3 end to my day. image
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016Wow - over think much? Why are you letting yourself become distracted by this. Is the method boring you? No matter what, it is in the nature of the market that price will make a high and retrace. If this new high is in an uptrend, the retrace will ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016Have I counted the time back wrong? If I haven't, have you not traded an H1 Breakout Bar?
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016Very gratifying to come back in after an afternoon spent mostly sitting in traffic to see a result.
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016This is actually something I have been mulling over (yep, mulling again - dangerous, I know...). I have been wondering about a situation where you have entered a trade and perhaps closed on BE+1 for example. Fair enough, we'll take that and put it ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016You've had your ''light-bulb'' moment!

Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016PTG pretty much has it covered. My initial reaction was also that always be aware of correlation between pairs - this is great if the market moves your way, you'll get double your money (if running two correlated) but not so hot when the market ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016AUDJPY 1-2-3 Another good second bite... image
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016USDCAD 1-2-3 Second bite comes good... image
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016Those two - USDCAD and AUDJPY - have the next bar showing greater potential. USDCAD more so than AUDJPY. Let's see...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016image This isn't even a particularly great sword, as although the handle (cl) is outside that zone, it is still pretty far up the blade. Ideally, I'd be looking for it to be in the 5th zone and if it was back where it started - then I'd be the ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016The fib area closest to the ''sharp end''.
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016AUDNZD One of Pippy's runaway trains for sure and not stopping any time soon...Well out of that one. image
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016Right... 1-2-3 results so far: EURCAD Long Blade - success - good profit locked in. USDCAD Short Blade - cl is just outside the fib line...looks like a fail, small positive move before a turn back, though would not have hit sl just yet. AUDJPY Short ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016I have been analysing the frequency of success to failure for 1-2-3 trades based around the type of breakout bar So today's three possible trades have already gone on to lend some weight to this idea. The one which most closely fits the profile, ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016Yeah - I'm watching this one cautiously from a distance... image I have been analysing the frequency of success to failure for 1-2-3 trades based around the type of breakout bar - the shape of the closed bar. It has become noticeable that a bar ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016[/highlight] But you have to learn to crawl first....One move at a time....have patience. Learn patience. Learn to crawl first because it will make you a much better dancer.
Cheers ___________________________________ ...Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016NZDJPY Might give us something today... image
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 19, 2016AUDNZD BIG move south - extreme caution advised... image
Highest Open / Lowest Open Trade