Pipmaster1
Well-known member
- Messages
- 291
- Likes
- 3
Hi pipmaster1 nice simple profitable system, i trade 123 and sometimes 123 RH (Ross Hook) which is basically same as when you say wait for the 1st retrace after the breakout of point 2 on the 123.
Only problem i ever have is deciding when to move stop and my price target levels...
I know its probably soewhere in the thread but on a classic 123 if you enter on breakout of point 2 where do you place stop, and how do you decide targets?
Cheers pipmaster1 for the explanation...
See what you think of this i was reading a page about Elliot Wave MTpredictor software, basically one of there main setups is ABC correction, this ABC trade looks to me like the 'Anti-123 RH trade'
have a look on this webpage at the second chart down the page;
http://www.mtpredictor.com/pricing/WaveC.html
Were they say to get short is were i personally would be looking for my Ross Hook to go long!! also if you wanted to trade just 123 reversals you would already be long were they are looking to go short??
Just shows there are alot of different views/theorys about, i would rather play the 123 reversal myself...
I thought this is betting forum too. I planed to ask you is there somebody who uses Surebetmaker betting software... i would like to here your opinion before i decide to buy it