tradeprofitably.com 1-2-3 Breakout System

June 1st, 2010, 02:06 PM

1-2-3 Breakout System :
Learn How To Trade Profitably | Ch 21: The 1-2-3 [AUTOLINK]Breakout[/AUTOLINK] Trading System

Does anyone give any review about this system?.
Do I need to practice Price action to figure 1-2-3 method?
Is it goo for scalping or longer targets?
Thks

June 1st, 2010, 02:38 PM

Jeffs CCI

OK........here's the Ninja Price Action indicator 1-2-3....

Had you entered every signal there would have been one stop out at the double bottom but........you would not have been trading at this time because the consumer sentiment report had just …

See # 182 . Jeffs got a better grip on 123 pattern in my opinion . Trader Vics 123 pattern is googleable ( if such a word exists ) .

To be a good pattern trader requires having a few setups in your arsenal that you know inside and out and each one has to serve a certain purpose . Some are continuation setups and some are reversals . When a surgeon gets down to business they have the tools required for the job and dont look to sew up a patient with a scalpel .

June 1st, 2010, 02:45 PM

Thks Eric. Google gave me good direction on Trader Vics 123 pattern.
I will look at Jeff's as well

tradeprofitably.com 1-2-3 Breakout System

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tradeprofitably.com 1-2-3 Breakout System