Never Lose Again
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1-2-3 Setup prevails again!
As you can see from the image below, the black arrows show the 1-2-3 Buy setup. The yellow arrow is the time I plotted the white support line and I never changed it. Price went up and down to hit the line and bounce right off it like predicted. It's still early, and sometimes price will cut through it and then go back up, but we'll see what happens.
Yellow line is my prediction where price will go. There is a 1-2-3 Sell setup there, although it isn't a very strong one.
I also have strong signals with some other things I'm using showing that it's time for a long position. Generally there is drawdown with this so as I said it may cut the line to the downside then head back up.
As you can see from the image below, the black arrows show the 1-2-3 Buy setup. The yellow arrow is the time I plotted the white support line and I never changed it. Price went up and down to hit the line and bounce right off it like predicted. It's still early, and sometimes price will cut through it and then go back up, but we'll see what happens.
Yellow line is my prediction where price will go. There is a 1-2-3 Sell setup there, although it isn't a very strong one.
I also have strong signals with some other things I'm using showing that it's time for a long position. Generally there is drawdown with this so as I said it may cut the line to the downside then head back up.
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TheRumpledOne
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TheRumpledOne
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ajaymein wrote:I grabbed over +170 pips yesterday using ZLs, Horizontal lines, 1-2-3 candle stick pattern, and pysch lines! =)
I would love to start posting charts, but am not sure how to post those big ones es/pip posts...anyone mind giving me the fastest way to do that? I use IBFX MT4 platform
Save the chart to disk. One way is to <ALT><SHIFT><PRINT SCREEN>, then paste the chart into PAINT. Next use www.tinypic.com to upload your chart. Then copy/paste the [img] tags into your post.
Once you get the hang of it, it's quick.
Nice pippin'!!
DRAIN THE BANKS!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
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ajaymein wrote:I grabbed over +170 pips yesterday using ZLs, Horizontal lines, 1-2-3 candle stick pattern, and pysch lines! =)
I would love to start posting charts, but am not sure how to post those big ones es/pip posts...anyone mind giving me the fastest way to do that? I use IBFX MT4 platform
Right click on your chart and click Save as Picture -> Active Chart (as is)
Upload to tinypic and it'll give you a link to past in forums etc (it starts with the [img] tags)
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TheRumpledOne
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As expected price did break through the support (see my last post) and back on its way up. If we're going to see another case of my last prediction it'll go up a bit, head back down again then shoot up. Last one had a drawdown of around 50pips then shot up for +300pips.
Currently I'm Long 1.2670 (eur/usd). So far max drawdown 9pips, opportunity to have profit at 30+ pips. I'll let it run for the time being.
I'll let u guys know how it goes =)
MightyOne - Could we say the 1-2-3 step is acting like a ZL?
(http://bluestar-graphics.com/trade.html is what we're basing the 1-2-3 on)
Currently I'm Long 1.2670 (eur/usd). So far max drawdown 9pips, opportunity to have profit at 30+ pips. I'll let it run for the time being.
I'll let u guys know how it goes =)
MightyOne - Could we say the 1-2-3 step is acting like a ZL?
(http://bluestar-graphics.com/trade.html is what we're basing the 1-2-3 on)
Folks:
Based on what I SEE the EURUSD may be in for a short week.
Did ya see the retrace?? 170 pips I think from where I thought it would short. But it made a beautiful swing down and it almost reached that R line I drew. I chickened out LOL. I was -40 at the time and had to take my girls to some event so I closed the trade with a loss.
I did manage later on to get 110 pips from longs with EURJPY and GBPJPY.
I'll give ya guys a head up on the next entry for some of these trades.
MightyOne is it similar to ZL?? I been reading the thread and trying to figure out ZL and pyscho. ... the thing is that I don't do what the author recommends I take different angles and use that instead. I think I already mentioned it but I look for any stair step pattern. As long as the pips between the inner extremes of candle 1 and candle 3 are considerable then I call it a 1-2-3 pattern. I think the author calls that the dead zone or something like that.
Alrightly folks more to come... alot more right Pierre??
Based on what I SEE the EURUSD may be in for a short week.
Did ya see the retrace?? 170 pips I think from where I thought it would short. But it made a beautiful swing down and it almost reached that R line I drew. I chickened out LOL. I was -40 at the time and had to take my girls to some event so I closed the trade with a loss.
I did manage later on to get 110 pips from longs with EURJPY and GBPJPY.
I'll give ya guys a head up on the next entry for some of these trades.
MightyOne is it similar to ZL?? I been reading the thread and trying to figure out ZL and pyscho. ... the thing is that I don't do what the author recommends I take different angles and use that instead. I think I already mentioned it but I look for any stair step pattern. As long as the pips between the inner extremes of candle 1 and candle 3 are considerable then I call it a 1-2-3 pattern. I think the author calls that the dead zone or something like that.
Alrightly folks more to come... alot more right Pierre??
pierre23 wrote:As expected price did break through the support (see my last post) and back on its way up. If we're going to see another case of my last prediction it'll go up a bit, head back down again then shoot up. Last one had a drawdown of around 50pips then shot up for +300pips.
Currently I'm Long 1.2670 (eur/usd). So far max drawdown 9pips, opportunity to have profit at 30+ pips. I'll let it run for the time being.
I'll let u guys know how it goes =)
MightyOne - Could we say the 1-2-3 step is acting like a ZL?
(http://bluestar-graphics.com/trade.html is what we're basing the 1-2-3 on)
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