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i used to trade well and lost it....i think i found it again and like you say keep at it

you are a wise person

i do not think anyone said he was mega rich

good point i always get overexcited when i find something new

this is perfect place to trade two legs....as bpa practitioners will agree...the leg marked by green trendline should go below that marked by the blue one,which it did see chart

BRILLIANT POINT

Thank you for posting this 'problem'yep that is the problem with most trading set ups-because there are so many time frames at work [?]. also as Xela said she uses it as reversal pattern. the chart you posted is in a range-this works very well when there is trending or swinging market.i do not...

brillant

on learning about market....still learning.....in another 1000 years i swill be master:D

:thumbsup:

good point.....but.......i think you all know enough abut me:D

i started out like most or many traders,by trying to study market movements, to make 'sense' of them.but after 20 years i have to say that i am no nearer to this goal. when i first came across Brooks, he too was on the same road: he said a trader has to trade all kinds of markets whatever the...

CLOSED THE TRADE a lesson learn't is do not trade this pattern when the market is is a channel type of trading behavior: can you see the difference in the charts of eurusd and audusd posted below?. it is better to trade the aussie,audusd

pl a name of broker any broker where i can see

you can use the 123 as a setup to enter when you see some other bearish /bullish signal like a wedge.this is what i have done in my latest trade.a wedge formed and then sell 123 this is a breakout strategy so allow for breakout pull back or even breakout failure see chart

closed trade because sell 123 and because of wedge

i am sorry i do not get NQ my broker does not give me if you tell me which broker you are using i will open a demo and then i can see it on my own

simple does not mean it will not fail : but it takes 10 seconds to learn this strategy unlike 10 years to learn bpa. at least while you are learning bpa, you can trade make money be in a good mood so you will learn much faster

it is important that the entry order be placed by more than 2 ticks maybe 3 ticks -it may vary depending on what is being traded-this is for eurusd

chart please.