Simple as 1-2-3
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Re: Simple as 1-2-3
TP was not hit ,,however I will cover here ....
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Re: Simple as 1-2-3
I decided to let the trade run for a while ...look how close it came to the TP .I will monitor it for a bit , it may drop again ..who knows ? ......I also took a buy zone trade on the EU @ Asia open , which is still running ...... ...Jala ..I'm using the AO in place of the macd ( which I've used for about 15 yrs . now ) as it plots better on this platform . I use it to search for divergence and as an entry/exit trigger when it crosses zero .I also find it useful to show momentum and pullbacks as you suggest .It helped me make the short entry on the EU last night ...........Holiday blessings to you and your family
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- Jalarupa
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Re: Simple as 1-2-3
Thank you DC it's very kind of you to explain. I did notice the quality divergence signals that it gives after spending some time staring at charts on my phone.
Would I be correct in saying (pardon my intent is not to confuse you) that you also lined up the NU entry on the number 2 pullback in your 1-2-3 count?
All the joy and love to you and yours through this festive period. May you have many happy returns
Would I be correct in saying (pardon my intent is not to confuse you) that you also lined up the NU entry on the number 2 pullback in your 1-2-3 count?
All the joy and love to you and yours through this festive period. May you have many happy returns
Re: Simple as 1-2-3
Jala , Yes , I try to consider divergence , #2 points ,trend line , AO cross , time of day . When all of these things come together , it is usually a good trade . This NU long looked good , even without the divergence ......
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Re: Simple as 1-2-3
I have been holding this trade since Asia Thursday night . I entered as a possible 123 , but it could also have been a bz entry . I was unable to monitor Friday when I should have exited for about 30 pips . Later it went into drawdown for 40 + pips .I will watch it now to see what happens at Sunday nights open ......my bad
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Re: Simple as 1-2-3
Covered...calling it a night,.....
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Re: Simple as 1-2-3
I missed the bigger move 2 days ago ...but caught the 123 at Asia open last night , if we remain patient there will always be another opportunity ..
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Re: Simple as 1-2-3
Watching NU for a possible 123 long at Asia open ...also watching GU for a possible short ...
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Re: Simple as 1-2-3
I think I will cover the NU trade and set a be on the GU .....going to bed...ñ
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Re: Simple as 1-2-3
.........
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