Simple as 1-2-3

forex live trades, setups, charts

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v8power
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Re: Simple as 1-2-3

Postby v8power » Mon Jul 18, 2016 5:10 pm

dchappy wrote:
v8power wrote:How did/ or do you calc the fib projections at the London open. Seems like a cool idea to play with

No, I haven't used the opening range for a while ,but is is a very good bias .Austin Passamonte has some vids about it ,if interested .These days I mainly trade 123 and the buy zone .Took 2 buy zone trades today ,London and NY .


40 pips won, with BZ? That's awesome.

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dchappy
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Re: Simple as 1-2-3

Postby dchappy » Tue Jul 19, 2016 12:33 am

v8power wrote:
dchappy wrote:
v8power wrote:How did/ or do you calc the fib projections at the London open. Seems like a cool idea to play with

No, I haven't used the opening range for a while ,but is is a very good bias .Austin Passamonte has some vids about it ,if interested .These days I mainly trade 123 and the buy zone .Took 2 buy zone trades today ,London and NY .


40 pips won, with BZ? That's awesome.

Thanks ...Avery's simple methods are proven and powerful .These 2 trades were taken as 123's , but they could also have been taken as bz's at Asia open ..…
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v8power
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Re: Simple as 1-2-3

Postby v8power » Tue Jul 19, 2016 12:47 am

dchappy wrote:
v8power wrote:
dchappy wrote:No, I haven't used the opening range for a while ,but is is a very good bias .Austin Passamonte has some vids about it ,if interested .These days I mainly trade 123 and the buy zone .Took 2 buy zone trades today ,London and NY .


40 pips won, with BZ? That's awesome.

Thanks ...Avery's simple methods are proven and powerful .These 2 trades were taken as 123's , but they could also have been taken as bz's at Asia open ..…


BZ is great if you don't get greedy or start to revenge trade and hold if you get whipped sawed on a few trades. Of course I do both, haha. But some time I will use the BZ as an entry method if I already have a trade idea and want to start building a position up. Yea im in EJ right now.

v8power
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Re: Simple as 1-2-3

Postby v8power » Tue Jul 19, 2016 12:58 am

Both could easily drop 100+ pips by US session. Easy money

dchappy
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Re: Simple as 1-2-3

Postby dchappy » Thu Jul 21, 2016 4:55 pm

Entered too early on this trade , took some heat but eventually the 123 pattern developed and was able to add on #-o
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jrtrading
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Re: Simple as 1-2-3

Postby jrtrading » Thu Jul 21, 2016 5:07 pm

You sir, are amazing

Edit: Thanks a lot for posting, it is very helpful to see what is possible
and push mental boundaries.

dchappy
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Re: Simple as 1-2-3

Postby dchappy » Thu Jul 21, 2016 6:08 pm

Lol , Thanks ,I rarely trade summers ...but with this kind of movement it is easier to be right ..I enjoy your charts also..

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MightyOne
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Re: Simple as 1-2-3

Postby MightyOne » Thu Jul 21, 2016 6:18 pm

dchappy wrote:Entered too early on this trade , took some heat but eventually the 123 pattern developed and was able to add on #-o


Nice trade DC =D>

Something for you to consider:

'3' means that your size is divisible, or nearly divisible, by 3:
The loss of space is: -1/4, -1/5, -1/6, repeat.

3, 4, 5, 6, 8, 10, 12, 16, 20, 24, 32, 40, 48, ... (3 + 1 + 1 + 1 + 2 + 2 + 2 + 4, ...)

2.40, 3.20, 4.00, 4.80, 6.40, 8.00, 9.60, ...

1) Your brain will ask you if you want to wait for more pips
2) you think "yes"
3) you click the sell button
4) repeat.

...but doubling is the fastest most ballsy way to do it :D

dchappy
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Re: Simple as 1-2-3

Postby dchappy » Thu Jul 21, 2016 6:59 pm

Thanks MO , your posts are like thick juicy steaks ...I will chew on this one a while... :smt023 :smt023

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Re: Simple as 1-2-3

Postby Jalarupa » Thu Jul 21, 2016 7:04 pm

EURJPY Cones.PNG
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- Oh and thanks MO for that piece to the puzzle that I've been puzzling on for quiet some time ;)
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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