1.2.3.打破基本原则 (1.2.3. break bacis)

Hi One and all
(rules updated)

This is a great system - the 1-2-3 - break system.
I trade the eurusd on the 5 mins charts with 3 Ema 5,30,100.
on other pairs I trade on the hour, 4 hour & day chart ( I trade mostly on the hour - and confirm with the day)

The 30ema & 100ema act as trend & channel... and keep me trading on the right side (hopefully!?)
ie green (30ema) over red (100ema) only in an up trend
price cannot be between the green (30ema) over red (100ema), ever when I trade.
price & the 5 ema (yellow) must be over or under the two Higher emas
The 5ema acts like momentum and/or a bird dog - Again price MUST BE OVER the 5 ema in an up trend

But these are only the bit player the real deal is the 1.2.3 break

As all ways (in an up trend)
The "100 fibb" (2 pips over) is the entery point
The "0 Fibb" (2 pips below) is the SL
***Target : the "400 fibb" (2 pips under) (4.236 fibb works great) RRR 3 to 1
I do keep an eye out for the 50 & 100 points on the chart & will use them if they are close to fib as targets.

I find on the 5 min chart you have lots of trades. You will have loss but I find I win well over 80%.

Only trade then the 3 ema are stacked in the right other and price is in the right place to them.
best if you have some angle on the 30 & 100 ema & its great if they are pulling a part
ie. the 30ema is running away from the 100 ema
*** its best when the 5 ema is coming of the channel from between the two.
( see blue box below this is great set up)



trade when you have volume & trust the "fibbs" they work
it is really best to set and forget & leave the room and let price wonder to your target

I use the Fractals to help with the 1.2.3 set-ups but you don't need them

its that simple

cheers
The real TEB63