Can you take a 2B short set-up using a higher high even when at the bottom of a down move?

How to use the 123 strategy effectively

USDCHF long... — TP at 150, SL at -50. First trade today out for +5%.

How to use the 123 strategy effectively

This is a very interesting and well written post...

vsa with Malcolm

Will do...

Trade What You See - Almost Naked Trading

Just curious as I have never heard about this turtle trading method... thanks for the reply and I use daily for determining support / resistance zones only never enter trades from there...

Trade What You See - Almost Naked Trading

Friday the EURUSD broke down through the 40 day low... would you trade the break of the 40 day low itself or need candle closing conformation on some timeframe? Daily or smaller? What would you target? Previous swing low that is lower than the 40 ...

Trade What You See - Almost Naked Trading

Couple of shorts... — A couple of shorts I just stumpled accross when checking charts... didn't take either but many pairs are killing the EUR today. That will be an interesting thing to see... which currency will end up being the weakest this ...

How to use the 123 strategy effectively

My brokers charts has a double top on AUDUSD so I stayed away since I had no 123 and no failed higher high for a 2B set up.

How to use the 123 strategy effectively

Me too but that GBPUSD long just looked to obvious not to take after that upper trend line break. Have a great weekend.

How to use the 123 strategy effectively

Ah the old Hedge... has saved me a few bads ones as well but can wipe you out quickly if not careful and the trade reverses on the hedge.

Trade What You See - Almost Naked Trading

TP hit... up 5% on NFP day... I consider myself very lucky.

How to use the 123 strategy effectively

GBPUSD long — My first and probably only trade of the day (not beautiful but a set-up none the less)... Friday's are tough enough to trade but NFP can be killers (especially when pattern trading)... this is one example when if you are trading ...

How to use the 123 strategy effectively

GBPUSD just busted up out of upper trend line for those that use these in their trading...

How to use the 123 strategy effectively

All those gaps and spikey long candles make all the pairs somewhat untradable at the moment using patterns IMHO.

How to use the 123 strategy effectively

What does everyone think of those post news gaps and spikes... see USDCHF (just one example of many). This is why NFP's can be so dangerous. Mixed data but unempoyment rate dropped which is good for US. Let's see what direction all of the pairs ...

How to use the 123 strategy effectively

NFP day guys trade careful... makets tend to range leading into this major new event and then it will be very volotile. All counts will usually go out the window so be careful.

How to use the 123 strategy effectively

EURUSD — It will be interesting to see what EURUSD does with the 2968 resistance level. It has touched that level already today... same low back on November 30th and Dec 1st (well 2969 but close enough) which started close to a 500 pip move ...

Trade What You See - Almost Naked Trading

What in the blue circle set-up did not meet the criteria? Several traders took the blue circle set-up. The short count you show has point 2 way down almost to where the long trade started so taking a short right at that point would be somewhat risky ...

How to use the 123 strategy effectively

url You may have know this but Suri also has his own blog, some neat information on it with regards to pattern trading.

How to use the 123 strategy effectively

That's great I will check this out tonight.

How to use the 123 strategy effectively