Simple as 1-2-3
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Re: Simple as 1-2-3
Only trade so far this week. I forgot to save it in real time yesterday, but you can see the setup clearly.
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Re: Simple as 1-2-3
ES at all time high ...123 forming w/ divergence ..possible opportunity ???
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Re: Simple as 1-2-3
dchappy wrote:ES at all time high ...123 forming w/ divergence ..possible opportunity ???
It was good for about 7 pts...
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Re: Simple as 1-2-3
http://coiledmarkets.com/blog1/2017/08/ ... rspective/ I have to agree with his analyses .The small ranges of the indexes has made it much harder to make a buck .Scalpers like Doji and others can still grind it out , but it isn't like a few yrs ago with 50 pt . days being the norm . On the ES , I have accepted the fact that 1-2 pts./day will be my goal until the MKT changes .FOREX still seems to be the best game in town even with smaller ranges .So in the future I plan to evolve into a swing /position taderr looking at 1h, 4 h or greater charts . Should be an interesting trip ...,.
Re: Simple as 1-2-3
??,,.,..............
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- Jalarupa
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Re: Simple as 1-2-3
Been noticing the range compression in this pair as well... been scalping it with super tight stops beyond a trendline...
But there have still been great swing plays in High Beta... just check EURNZD for example... Its been a massive position trade
But there have still been great swing plays in High Beta... just check EURNZD for example... Its been a massive position trade
Re: Simple as 1-2-3
I haven't touched a line chart in I don't know when.
Do you still use the 3 SMA?
#2 is always a breakout but traditionally it is included as part of the 1-2-3 pattern.
In my opinion, it is better to use 1-2-3 for tops and bottoms and look at triangles as mid-expansion patterns and try to continue the move.
EDIT: found fault in pic and removed.
Do you still use the 3 SMA?
#2 is always a breakout but traditionally it is included as part of the 1-2-3 pattern.
In my opinion, it is better to use 1-2-3 for tops and bottoms and look at triangles as mid-expansion patterns and try to continue the move.
EDIT: found fault in pic and removed.
Re: Simple as 1-2-3
Yes , I follow what you are saying ...In this case I wasn't
Looking for a 123 ..... just waiting for price to bust out of the " squeeze" ( has to go somewhere right )
Looking for a 123 ..... just waiting for price to bust out of the " squeeze" ( has to go somewhere right )
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Re: Simple as 1-2-3
. ,.........Absolutely...,MightyOne wrote:I haven't touched a line chart in I don't know when.
Do you still use the 3 SMA?
#2 is always a breakout but traditionally it is included as part of the 1-2-3 pattern.
In my opinion, it is better to use 1-2-3 for tops and bottoms and look at triangles as mid-expansion patterns and try to continue the move ...
for_dchappy.png
EDIT: found fault in pic and removed.
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Re: Simple as 1-2-3
Would you take this 1-2-3 or would you wait for the AO cross (AOX)?
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