Simple as 1-2-3

forex live trades, setups, charts

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TheRumpledOne
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Re: Simple as 1-2-3

Postby TheRumpledOne » Mon May 11, 2015 3:11 pm

dchappy wrote:Hi Pro, hope you are doing well . Yeah , that was using Passamonte's " opening range ",or the 1st 5-10 mins @ the open . Avery's " buy zone " is very similar and was shared several yrs. earlier .( I should have paid attention sooner ) .


Funny how other people's new methods are similar to things I have posted years ago. However, I rarely see anyone else post statistics showing the validity of their methods.
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Re: Simple as 1-2-3

Postby dchappy » Sat Aug 08, 2015 4:33 pm

Buy zone & 123..... :smt023
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Re: Simple as 1-2-3

Postby TheRumpledOne » Sat Aug 08, 2015 5:24 pm

How do you determine 1-2-3?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: Simple as 1-2-3

Postby MightyOne » Sat Aug 08, 2015 7:02 pm

TheRumpledOne wrote:How do you determine 1-2-3?


Joe Ross does it something like this:

price:

1) moves away from the lowest low
2) makes a high extreme BO
3) makes a low extreme BO
4) there is a BO of the highest high to the right
of the lowest low.

These steps do not have to occur in order as in the
case of an outside bar:

AUDUSDDaily.png
AUDUSDDaily.png (21.22 KiB) Viewed 2813 times


The #2 point is not an entry, it is a partial take profit.

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Re: Simple as 1-2-3

Postby TheRumpledOne » Sat Aug 08, 2015 9:04 pm

MightyOne wrote:
TheRumpledOne wrote:How do you determine 1-2-3?


Joe Ross does it something like this:

price:

1) moves away from the lowest low
2) makes a high extreme BO
3) makes a low extreme BO
4) there is a BO of the highest high to the right
of the lowest low.

These steps do not have to occur in order as in the
case of an outside bar:

AUDUSDDaily.png


The #2 point is not an entry, it is a partial take profit.


LOL.. thanks MO... I understand that... but I was asking dchappy. It was not apparent to me from the chart posted.
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Re: Simple as 1-2-3

Postby Adam777 » Sun Aug 09, 2015 9:31 am

dchappy wrote:Hi Doji ,

How's the snow up there ?

I'm not on Tradestation anymore , I'm using ZenTrader.

But my chart is simple :

10 range with a 26 simple ma

macd histo on the bottom .

I would probably be using a renko chart if I had it ..but we can't

have everything ...right ?


:smt023


I really like this method, and how it's developed throughout this thread and your posts in other threads!

Is the renko chart with 1-2-3's the preferred method of entry for newer traders? I've seen your trendline breaks on the 1min, but it may take a while before I'm up to that

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Re: Simple as 1-2-3

Postby trade2winz » Mon Aug 10, 2015 4:28 pm

Ive decided to simplify my trading by simply trading the broken swings. Should I have a profit target and were should my stops be?
2015-08-10-TOS_CHARTS.png
2015-08-10-TOS_CHARTS.png (73.1 KiB) Viewed 2652 times

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Re: Simple as 1-2-3

Postby trade2winz » Mon Aug 10, 2015 4:37 pm

https://www.bigmiketrading.com/attachme ... 1307460879
ross hook
https://www.bigmiketrading.com/download ... nload.html

posting ninjatrader indicators because thats the platform I use.

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Re: Simple as 1-2-3

Postby trade2winz » Mon Aug 10, 2015 4:40 pm

http://goldenzonetrading.com/software/t ... fibonnaci/
this is an excellent Fibonacci indicator.

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Re: Simple as 1-2-3

Postby dchappy » Tue Aug 11, 2015 1:02 am

TheRumpledOne wrote:
MightyOne wrote:
TheRumpledOne wrote:How do you determine 1-2-3?


Joe Ross does it something like this:

price:

1) moves away from the lowest low
2) makes a high extreme BO
3) makes a low extreme BO
4) there is a BO of the highest high to the right
of the lowest low.

These steps do not have to occur in order as in the
case of an outside bar:

Screenshot_2015-08-10-20-48-54.png
Screenshot_2015-08-10-20-48-54.png (57.89 KiB) Viewed 2592 times


The #2 point is not an entry, it is a partial take profit.


LOL.. thanks MO... I understand that... but I was asking dchappy. It was not apparent to me from the chart posted.

Hi Tro ,,I don't measure pullbacks or fib retracements or any of that .If it looks like a 123 wave to me ,,it is .If it breaks at or near the buy zone , I consider it a stronger signal and will add at the hooks ........today was another good example .

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