Simple as 1-2-3

forex live trades, setups, charts

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dojirock
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Post by dojirock »

i believe the markets have to be open?

dojirock
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pp2
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Post by pp2 »

johnsund, the EA or script can load renko bars when the market isn't open ... can't remember which one but give it a try
dchappy
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Post by dchappy »

price left opening range and hit fib tgts........
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dchappy
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Post by dchappy »

There was a 1-2-3 before london which gave some pips ..

I waited for NY and then waited for a re-test of the opening range after the news ..

Price went to the 1st fib target ...I covered when it bounced ..


Is anyone else seeing /taking these 1-2-3 "s ???????
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dchappy
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Post by dchappy »

re-entered and targeted next fib ......

done for the week......
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pp2
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Post by pp2 »

nice trading chappy ;)
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Post by dchappy »

Thanks, but I'm just trying to see what the price is trying to tell me ..

1).I know that price does not want to stay in it's opening range

2). I know that if a 1-2-3 is present , price wants to move away from point #1

3). I can never know how far it will travel , but the fib extensions

(377,512,780 ) are powerful magnets and from what I've seen ,they

get hit 70-80% of the time .

The difficult part is to believe what you see and execute..
dchappy
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Post by dchappy »

Price made a 123 bottom last night ..rose through the opening range

@ london ...then made a 123reverse @ ny ..

Entered @ bottom of range ,,will see if a tgt is hit
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dchappy
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Post by dchappy »

Suffered the draw-down to end Par


Will try again tomorrow
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Post by dchappy »

Weak looking 123 fighting the opening range ...could go either way :roll:
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