Simple as 1-2-3

forex live trades, setups, charts

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prochargedmopar
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Re: Simple as 1-2-3

Postby prochargedmopar » Thu Aug 18, 2016 6:15 pm

Forex trading coaches has had a trading website since 06'.
The have had a daily trading webinar giving out trade calls since 09'.
And I do mean EVERY day except major holidays day after day.

So what are they ecstatic and full of joy over currently in their teachings?
THE 123 PATTERN.

Using the mas to cross over, cross back, and then cross again to give them their 123 locations.....they then trade away from the double top (1) high or low on a breakout retest.

They have had 0 losses the last 2 weeks when this pattern backed their trade call.
Hmmmmmmmm

Steves chart from Aug 15, 2016

IMG_20160818_131455.jpg
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#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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dchappy
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Re: Simple as 1-2-3

Postby dchappy » Mon Oct 31, 2016 9:54 pm

I have been helping a young trader He is taking 123 trades only . In 3 months his results are 30 trades , 27 wins and 3 losses .Helping a beginner is soooo much easier than coaching someone who has struggled for a while . There is little for them to " un- learn "

aliassmith
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Re: Simple as 1-2-3

Postby aliassmith » Tue Nov 01, 2016 12:22 am

dchappy wrote:I have been helping a young trader He is taking 123 trades only . In 3 months his results are 30 trades , 27 wins and 3 losses .Helping a beginner is soooo much easier than coaching someone who has struggled for a while . There is little for them to " un- learn "


This is so true and if your trainee stays consistent then they never have to learn another method.
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aliassmith
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Re: Simple as 1-2-3

Postby aliassmith » Tue Nov 01, 2016 12:12 pm

dchappy wrote:I have been helping a young trader He is taking 123 trades only . In 3 months his results are 30 trades , 27 wins and 3 losses .Helping a beginner is soooo much easier than coaching someone who has struggled for a while . There is little for them to " un- learn "


So what version of 123 are you teaching him?
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dchappy
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Re: Simple as 1-2-3

Postby dchappy » Tue Nov 01, 2016 1:45 pm

I wait for the macd to cross after seeing the 123 .....
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Re: Simple as 1-2-3

Postby aliassmith » Tue Nov 01, 2016 4:10 pm

dchappy wrote:I wait for the macd to cross after seeing the 123 .....


That looks more like the awsome oscillator. Lol!
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Re: Simple as 1-2-3

Postby dchappy » Tue Nov 01, 2016 5:23 pm

Yes , its the same thing ..it shows better on this platform than the macd does...

aliassmith
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Re: Simple as 1-2-3

Postby aliassmith » Tue Nov 01, 2016 5:31 pm

dchappy wrote:Yes , its the same thing ..it shows better on this platform than the macd does...


Do you use 12,26?
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Re: Simple as 1-2-3

Postby dchappy » Tue Nov 01, 2016 9:43 pm

I honestly don't know what the settings are . It is the default on mt4 . You can see how they are almost exactly the same .I just like the " cleaner " look of the A O .
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aliassmith
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Re: Simple as 1-2-3

Postby aliassmith » Wed Nov 02, 2016 12:30 am

dchappy wrote:I honestly don't know what the settings are . It is the default on mt4 . You can see how they are almost exactly the same .I just like the " cleaner " look of the A O .


So default AO and a M15 line chart! That is very simplified. I think I might create an Algo that can track several pairs then alert when one might be ready for action. Could be a fun project.
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