EURCHF short 2 — Jumped in on a 123 continuation trade... TP hit at -61.8, SL at 61.8. +10% on the day. I am done for the day will watch for set-ups but not trading anymore.

How to use the 123 strategy effectively

Yep the GBPUSD bounce right off that resistance trend line from yesterday's high to today's high. All 3 1hr candles that touched that line were very bearish as well.

How to use the 123 strategy effectively

BE is better than being in then red at the end of the day. I look at many of my BE days as being both a learning experience and a victory.

How to use the 123 strategy effectively

USDCHF long... — watching this possible set-up.

How to use the 123 strategy effectively

What is trader Vic set-ups? Is that another thread here on FF?

How to use the 123 strategy effectively

No I haven't seen that book... will have to do a search online and check it out.

How to use the 123 strategy effectively

No problem... always nice to help out a fellow trader even if completely without knowing it. That is the problem with part time trading... If the set-up is not apparent when I pop my charts up to take a quick look and the set-up happens and triggers ...

How to use the 123 strategy effectively

Yes and I missed them both... Any idea what caused the sudden USD surge? Don't see any news on the docket?

How to use the 123 strategy effectively

Yes I see (and missed) that quick short entry that appear and has already cashed out on the EURUSD.

How to use the 123 strategy effectively

I have avoided both the EURUSD and GBPUSD today as I just don't like the looks of the set-ups that have been forming. Took a look a minute ago at the GBPUSD 5 min chart and ever since that big news spike drop it's almost as if the chart is smiling ...

How to use the 123 strategy effectively

EURCHF short — 3rd Trade (well sort of)... I took this set-up at same time as USDCHF as when I see one or the other setting up I check the opposite pair as I find they share movements at times. +5% for the day.

How to use the 123 strategy effectively

USDCHF Short... — Second trade of the day... this one a winner bringing me back to even for the day.

How to use the 123 strategy effectively

I got it from this thread... url It's called Sonic FFCal Headlines.

How to use the 123 strategy effectively

Bad start SL hit. Caught an early one yesterday... not so good tonight. On to the next set-up.

How to use the 123 strategy effectively

GBPUSD long... — In this long trade with an updated point 2... target is 150% fib.

How to use the 123 strategy effectively

The trick is to recognize your capital, trade within it and let it grow accordingly. As far as the summer and low liquity... Just trade the set-ups as they come and take your 2-5% per trade and grow your account by that same amount each day even if ...

How to use the 123 strategy effectively

Closed the EURUSD trade at BE so I finish the day up 15%. US closes in less than 2 hours and I won't be home in time to close before this happens. It was a good day but I wish I had of just called it a day after 4 wins... overtrading can be just as ...

How to use the 123 strategy effectively

SL hit on the GBPUSD trade... ah well. Let the EURUSD trade run and call it a day. 4 wins, 1 loss and one trade open... up 15% today could go to 10% or 20%. Either way a good day. I might look at setting a goal that if I hit 10% or 15% profit on a ...

How to use the 123 strategy effectively

EURUSD and GBPUSD shorts... — Jumped into two short set-ups... GBPUSD long I was eyeing broke down (lost my point 3). See if either one hits TP. EUR didn't retrace much so I am using point 1 as SL and -100 as TP.

How to use the 123 strategy effectively

Since I trade these 123's both ways I am more in a shade of gray than black and white . As long as were making money at this everyday what were doing is working.

How to use the 123 strategy effectively