Simple as 1-2-3

forex live trades, setups, charts

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dchappy
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Postby dchappy » Fri Jun 08, 2012 2:18 am

Hi Ric , He teaches a paid course ,so he won't go into much detail .

But , if you watch his entries he will usually enter at a ross hook , 1-2-3 ,

or a hook retrace . He also uses filters to qualify trades , ie ..bollinger

squeeze , dynamic pivots ,opening range and fib extensions . I like his style as it is basically what I try to do .

Identify the direction and enter on a hook or hook retrace .

I just thought it may be helpful to to see a real trader taking live trades and winning consistantly.

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RicG
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Postby RicG » Fri Jun 08, 2012 2:27 am

Gotcha, this is a promo for a paid course. Thanks.
(Disclaimer - This post is for educational purposes only. Always consult a licensed investment professional before taking any trade. Any trade you take is at your own risk.)

dchappy
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Postby dchappy » Sun Jun 10, 2012 7:05 pm

Yes ,it is ...But there is some valuable info freely given .

Don't get me wrong , I don't communicate with him or subscribe to his courses . But when I look at his charts I see Hook entries .

And that is my bread & butter .

nicoacademia
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Postby nicoacademia » Fri Jun 22, 2012 7:34 am

i understand why you prefer this to the range chart method. :)
been spinning around a few systems and i have come back to this again.

somehow your methods appeal to me the most as a trader.
and there are just so many others methods out there.

the way you like it to be easy in this manner appeals to me.
versus fundies and other overtly technical, forecasting, etcs.

dchappy
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Postby dchappy » Fri Jun 22, 2012 12:12 pm

There is nothing wrong with trying new methods as we all see things a bit differently ...

I continually test different indy's to help me focus .

However ,the 1-2-3's and hooks are the foundation ,

If we can master them .......Life is Good !!!!!!

Best of Luck to you :smt023
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nicoacademia
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Postby nicoacademia » Mon Jun 25, 2012 3:28 am

what are the coloured dots?
seems like you've put on a stochastic this time to prove your point :)

on a side note: the donchian channel middle band(also known as the kijun sen in the ichimoku setup) seems to also work with renko pretty well.

dchappy
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Postby dchappy » Mon Jun 25, 2012 11:35 am

The dots are a trend indy that I'm testing , the stoch is just another

possible entry signal . I haven't considered that donchian chain , but have

found that almost all indy's are clearer on renko ( to my eye anyway ).

Anything that will help to clarify the 1-2-3 is beneficial .

By the way ..123 patterns are not just found at tops and bottoms ...Joe

Ross suggests looking for continuation 123's after a strong move ..

Caught this one last night @ asia open ........
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nicoacademia
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123 on 25 renko

Postby nicoacademia » Mon Jun 25, 2012 12:00 pm

yes. good continuation move on the 1-2-3 break. i was out for lunch and missed it(live/work here in asia).
but good you caught it.

on a very side note. how about 1-2-3 on a 25 renko box?
combined with sam seiden supply and demand and using austin passamote's projection.(i use a more conservative number 344 509 700)
that 509 magnet tallies nicely with a drop-base-rally point in the renko/HA. (the HA seems to make the renko much more understandable to me, especially when it becomes a tiny candle.)

my rationale for using the top is that institutions would have calculated their profit margin first before making the loading the bus and dropping it.

of course i haven't done much work on this. but im just throwing it out here.
i don't mean to confuse anyone because i really really haven't tested any of this such is my disclaimer.
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eurusd

Postby nicoacademia » Tue Jun 26, 2012 7:48 am

123 on 3 renko

seem to have stopped at the first magnet(not shown in pic).

dchappy
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Postby dchappy » Tue Jun 26, 2012 12:29 pm

1. Identify the trend

2. Enter on a hook or hook retrace .....
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