TP hit...

How to use the 123 strategy effectively

Short on Crude Light Oil — Here is a trade I entered a short time ago... Never traded this before so we will see... Retrace was to the 61.8 fib with a touch and close below (based on how I draw my fibs) so I have my target set for -61.8 fib ...

How to use the 123 strategy effectively

Based on the 2 candle rule we would want a break of that NS tommorow...

vsa with Malcolm

Agreed one must make a decision and a plan on how they will trade these pattern set-ups, believe in it and stick to it. If it doesn't work out how you like then figure out why and adjust your plan. The biggest thing I want everyone to remember ...

How to use the 123 strategy effectively

Much appreciated...

How to use the 123 strategy effectively

We are here to learn and share together. I fully agree that you have to test and trade and make a method your own but asking for others opinions is welcome.

How to use the 123 strategy effectively

I honestly am not fully up on Paulus's rules as I came here with my own method. I like to see at least 2 downbars forming point 2-3 when looking for a long and vise versa for shorts. Does Paulus want to have 2 or 3 bars between point 2 and 3??? ...

How to use the 123 strategy effectively

EURUSD — Ways to go but so far today appears to be shaping up like a shake out or test bar...

vsa with Malcolm

EURUSD long — Took a long off a 30 min chart this AM (something a little different for me)... Took 2 lots, lot 1 closed at daily open, lot 2 moved to BE.

vsa with Malcolm

Looks like I got out too early... It really sucks when Asia has already moved the pair over 50% of the ATR... doesnt leave much for LO and US other than to bring it back up... or a 200+ pip day.

vsa with Malcolm

All of the 15min bars have been closing of their lows... buyers or absorbtion of demand.... or is it just one of those false Asian break outs. Off to bed and will get back up at 3AM to see where we stand 1hr before LO.

vsa with Malcolm

EURUSD Short... — Took this quick short for net 18 pips after spread off the ND/Test off the 1hr trigger level from Friday... weakness in the background ATM. Still looking for a long set-up for some more upside movement later today around LO. ...

vsa with Malcolm

Too much weakness in the background for me ATM... I hate these early Asain moves as one never knows what to trust.

vsa with Malcolm

Well then it's a good thing that I don't trade Paulus's rules... I trade my own system for 123's that I have presented many times in this thread. Paulus didn't start this thread he is like anyone else here a poster whom has presented his method to ...

How to use the 123 strategy effectively

So bored today that I did something I told myself I would not do anymore... I read and actually posted to the EURUSD thread For Shame!!! And can you imagine my post ended up having nothing to do with the EURUSD pair or how I am trading ...

vsa with Malcolm

Best of luck

EURUSD

You've held that first trade over 7 hrs and it's almost back to BE... well done.

EURUSD

Yes Asian can be tricky one never knows what they are gonna do... best of luck.

vsa with Malcolm

Other than being a level that many are watching what triggered you to take the long?

vsa with Malcolm

Bank holidays if I trade I look for trades with small scalp like TP's amounts... (prefer 20 pips and less)... Who knows where PA will go after London closes... make drift higher or lower with no real pressure or could just range out the remainder of ...

How to use the 123 strategy effectively