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- ChinaWombat replied Jan 13, 2011
i'm with you, but on a harmonic basis....good luck
How to use the 123 strategy effectively
- ChinaWombat replied Jan 12, 2011
nice result on the cable! I think the S/R is very critical for the entry on whether to make it a 1:1 RR or to aim for a higher R:R, and as a potential trade filter. The trades at S/R, and the false break 2B's, seem to allow a greater expectation for ...
How to use the 123 strategy effectively
- ChinaWombat replied Jan 12, 2011
gbpusd — image with the trend, multiple confluence points
trading forex using Gartley Patterns
- ChinaWombat replied Jan 12, 2011
eurchf gartley — image entry on price volume divergence
trading forex using Gartley Patterns
- ChinaWombat replied Jan 10, 2011
the set-up was on the 30 minutes, with the entry at the low of the second red bar that had closed below the prior high, and you're correct for the entry based on hourlys, should have posted the 30M chart to avoid the confusion..
How to use the 123 strategy effectively
- ChinaWombat replied Jan 10, 2011
usdchf — 2B set-up & last one tonight...set-up under the rules on the 30M
How to use the 123 strategy effectively
- ChinaWombat replied Jan 10, 2011
nice trade...and nice stretch of the RR... i was going sugest bank half, and aim for .9910
How to use the 123 strategy effectively
- ChinaWombat replied Jan 10, 2011
eurgbp — possible 123 set-up but coming into strong resistance
How to use the 123 strategy effectively
- ChinaWombat replied Jan 10, 2011
depends if you consider it range bound or in a trend... if it's trending then the 2B doesn't need to be as 'significant looking' as it would in a range... fridays NY low is here so longer time frame is a bullish 2B. Price is a bit messy so may need ...
How to use the 123 strategy effectively
- ChinaWombat replied Jan 10, 2011
usdcad — conventional 123 set-up however if a Vic123 set's up before the tp then may extend the tp target gbpchf stopped out
How to use the 123 strategy effectively
- ChinaWombat replied Jan 10, 2011
s/l goes below the lowest low as the underlying assumption is that all the weak longs have been cleaned out so it shouldn't go any lower once price has broken back up and closed above the breakdown bar...(hopefully) long audusd now..small tp, and ...
How to use the 123 strategy effectively
- ChinaWombat replied Jan 10, 2011
some days you can get lucky...
How to use the 123 strategy effectively
- ChinaWombat replied Jan 10, 2011
it's all part of the learning curve until you get comfortable with the strategy... one day you'll just get up and walk away for a coffee and price will get to your target and then you can do it without thinking.. good start to your day

How to use the 123 strategy effectively
- ChinaWombat replied Jan 10, 2011
gbpusd 30m — 30m set-up also gbpchf
How to use the 123 strategy effectively
- ChinaWombat replied Jan 10, 2011
audusd — audusd came to ntg, and now short conventional 123, also looking for short gbpjpy on the back of a bigger harmonic pattern as well
How to use the 123 strategy effectively
- ChinaWombat replied Jan 9, 2011
5-0's — audusd bullish image gbpjpy bearish image
trading forex using Gartley Patterns
- ChinaWombat replied Jan 9, 2011
eurusd bfly — image potential longer term set-up to watch for BAT with ABCD @ 0886XA BFly with ABCD @ 1.27XA
trading forex using Gartley Patterns