Yes they are different methods. The hook comes after a 123. What ever method suits your style is all that matters

SECRET Trading System

As soon as it breaks. You can set up a limit order but I find them messy. You can forget about them and come back and find you are in a trade. But as soon as the 2 is breached we are go!

SECRET Trading System

Profit target is 80 pips if the number 2 is low is taken out. Which to some folks might be $80 to someone else it might be $20,000 depends on your account size and how many lots you are trading

SECRET Trading System

I take one trade a day and demo trade after that if I am bored

SECRET Trading System

anyone spot this setup on the GBPUSD ? Now we need the number 2 low to be broken

SECRET Trading System

If you look at the chart I posted you can see that you can count 16 bars from the number 1 to see a bigger 123. That to me looks messy and I was actually in that trade but just closed for 30 pips

SECRET Trading System

Hi. A 123 can be as little as 3 bars or much more. I prefer to have less bars in my set up. But the best way to find out is go back in time and move forward one bar at a time (if you're using metatrader us the F12 key)

SECRET Trading System

More Secrets Shhhhhhh! — This is not my system? This isn't even a system. It's a strategy that I use in my system and you can use in yours. It's not a magic wand that will make you rich it's a tool you can use in your business to become rich ...

SECRET Trading System

I trade these on hourly charts. That way the spread becomes insignificant. The stress is zero. And you can better plan your trades. I will post my next trade here on this thread and will continue to do so. Feel free to ask questions

SECRET Trading System

That chart by the way I predicted in real time on a nother forum. Those pips are BANKED baby!

SECRET Trading System

The 123 Pattern and rules — I believe that you should be able to know why you entered a trade and why you exited it. Why you made money or why you lost. The biggest problem I see when reading other threads is gambling mentality where people ...

SECRET Trading System

I use an old method that has been around since the start of time and exists in all markets, on all charts, gold, silver, pork bellies, forex etc It's called the 123 system and I like it because the stop and limits are roughly the same, apart from ...

SECRET Trading System

So why are so many people doing from system to system??? Because in a lot of cases, because they don't do their homework. They don't run their trading like a business. They can't be bothered. Forex is a casino and they want the slot machine that ...

SECRET Trading System

Trading is a business! That's the secret. It requires hard work. It requires you have a plan and goals and stick to your plan. When you do that you are half way to being successful. The next thing you need is a system that you like. That fits your ...

SECRET Trading System

KISS principal — This system is either EASY as stated by the author or it isn't. Either the ground rules are on the first page and are EASY to follow or they are scattered about over 500 plus pages. Everything on this planet can be explained ...

Trading Made Simple

And what nonsense do you base all that mumbo jumbo on? What happened to the easy rules at the start of this thread?

Trading Made Simple

Hi Geoff. The AUD has already reached one 123 target but there is a bigger one it is heading towards buddy

Trading Made Simple

My targets — If you have a look at the red lines on my chart you can quite clearly see my stop and my take profit. Because the number 3 is so high on this 123 pattern I have chosen to put the stop under number 1 which is the ultimate in stops ...

Trading Made Simple

You watching my live trade? — Heading up to it's profit target. In the mean time there is gambling talk from those on here who netter on a like a bunch of old ladies why they cant make money right now r conditions aren't perfect or they need ...

Trading Made Simple