USDCHF short... (again) — After my USDCHF 2B got stopped at BE I switched to 5min and looked for either a long reversal and a short continutation. Very pretty 5 min short set-up was forming so I set a pending sell at point 2, my TP at -100 and ...

How to use the 123 strategy effectively

2B trade closed at BE. 3 wins and 1 even today. Now flat as there is a slew of USD high impact news on the docket to be released shortly.

How to use the 123 strategy effectively

Today's trades... — 4 trades today... 3 have hit TP. My 2B USDCHF short trade is still ongoing with SL now at BE.

How to use the 123 strategy effectively

I used volume only when looking at a retrace when I am considering a trend continuation trade to see if volume is increasing or dropping off as price goes against the trend... also I watch volume to see what kind of interest there is when ...

How to use the 123 strategy effectively

Did you go for pips on this one since it was higher TF?

How to use the 123 strategy effectively

Was your 4hr a 123 trade?

How to use the 123 strategy effectively

Great thanks for the clarification. 4:15am for you is how far into London?

vsa with Malcolm

EURJPY long... — Didn't take this trade but I hope someone caught it (Didn't even see it until now) Ah the pains associated with trying to trade from work...

How to use the 123 strategy effectively

It has been moving up making HH's the last few hours also so some sort of retrace. Just be wary of the fact that we are late in the day and London has gone home so the markets may just range out for the day.

How to use the 123 strategy effectively

Didn't you have a pending buy order at 3040 with a 50 pip stop per an ealier post? Did that one get filled on the earlier move up and then stopped out on the retrace? Just curious if you had cancelled the pending buy and why?

vsa with Malcolm

GBPUSD long... — Chart speaks for itself... Took this as a trend continuation based on lack of selling interest during the retrace and the fact that we broke and tested succesffuly the Daily R1 level. Not the prettiest set-up but then again ...

How to use the 123 strategy effectively

TP hit finally on AUDUSD long... up 10% today.

How to use the 123 strategy effectively

EURCHF short and AUDUSD long... — Two trades from today... the EURCHF short hit TP so I am up 5% today. The AUDUSD long hit the 100% fib to the pip but with spread I needed it to go 3 pips further... This trade was set-up wrong (dumb mistake ...

How to use the 123 strategy effectively

Yes it has been a good start to 2011... I work fulltime but have the flexibility to have MT4 open while at work so I can check charts and take some trades but that does have it's risks too as I get called into meeting etc... and lose track of ...

How to use the 123 strategy effectively

EURUSD long... (I lied about not trading) — So after I closed my short earlier I changed to 5min and saw a possible set-up to go long... I set a pending buy and it was hit while gone for lunch and so was my take profit . Up 20% today no ...

How to use the 123 strategy effectively

Thanks... you too! Tough PA today to pull anything out of.

How to use the 123 strategy effectively

Understood and thanks for clarifying... (I missed that it was a H4 breakout... sorry about that).

Trade What You See - Almost Naked Trading

Closed this trade when it retraced above and then back down to -50% fib (terrible looking PA and candles)... out for 2.5% giving me 15% for the day... No more trading today. I hope tommorows PA is a little cleaner looking.

How to use the 123 strategy effectively

Lawgirl might I ask what made you get in when you did and why not sooner? The high close of my 4hr candle was 2544. I know you leave a buffer to protect from false breakouts and use 15min candles for entries. There was a nice 1hr bull candle that ...

Trade What You See - Almost Naked Trading

Very elightening ... gotta love the detailed news updates you get from your broker.

Trade What You See - Almost Naked Trading