With EP at 1.6089? That leaves only a few pips to 80% ATR. I intended leaving it. Keith
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
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DislikedWith EP at 1.6089? That leaves only a few pips to 80% ATR. I intended leaving it. KeithIgnored
Dislikedtook a long on gbpusd this morning, the trade did not develop too well
on daily tf price has gone through the trendline but hesitates now around the level of previous high
I'm speculating on a break of that resistance, while my sl will sustain a bounce off the tlIgnored
DislikedHi NightMove,
I have a quick question.
Do you wait for a 123 reversal and a counter trendline break with an additional BPC or is one or the other enough to get you into a trade or is it 2 out of three? I am trying to work out if all of those things need to happen or you are quite happy with only one or two signals?
Also is there any order that you should see them in?
ThanksIgnored
DislikedThanks NM, I agree totally. I noticed that my losses of my winners usually have psychological nature. I am very aggressive by nature and when I am on my toes I am very patient, but if something is off, I start jumping when price action says stay away and I do start guessing.
I decided to stand back for now and bring more structure into my trading, more patience. This method actually has structure and require patience.
I have one more question. Are you entering when pull back and then break out happens as per method with all your position or you...Ignored
DislikedEUR/CHF and EUR/CAD.
enough said. check the daily, h4, h1.
you know what to do.Ignored
DislikedHi Piprider,
I usually wait for the BPC after the break of the counter trend line. The 1-2-3 and the bpc are basically the same thing the only difference is the 1-2-3 does not have to break through a trenline. Sometimes I will take it right at the bounce of S/R but its riskier that way so to be safe I wait for it to happen after the break of the trend line, then it is called the bpc ( Break out, pullback, and continuation).
--NM
--NMIgnored