Simple as 1-2-3

[v8power]

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

[dchappy]

Entered too early on this trade , took some heat but eventually the 123 pattern developed and was able to add on

[jrtrading]

You sir, are amazing

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

[dchappy]

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

[MightyOne]

Entered too early on this trade , took some heat but eventually the 123 pattern developed and was able to add on

Nice trade DC

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

[dchappy]

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

[Jalarupa]

EURJPY Cones.PNG (64.44 KiB) Viewed 3447 times

- Oh and thanks MO for that piece to the puzzle that I've been puzzling on for quiet some time

[dchappy]

.....then a small 123 to end the session ....

[dchappy]

Late again on this 123 .It triggered just before NY open(pit session). Took about 10 pips heat ....
Ok ,I'm really done for the summer now ......be back in the fall/winter ...good trading to all,....

[v8power]

Entered too early on this trade , took some heat but eventually the 123 pattern developed and was able to add on

Damn man that was an awesome trade. I gotta study 123's more