1-2-3 pattern - fairly common reversal formation on the forex market, which is more likely to conclude a profitable transaction and, therefore, often used most part of forex traders to enter the market and out of it, is found in all timeframes and all currency pairs, including number and the futures market.
This pattern, in spite of its simplicity, allows the trader to find a surprisingly precise levels to enter the market and exit from it.
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People say forex trading system is hard and I agree. Its hard because we dont have the answer. There is no spoon. There is no answer. What we have is our mind and our eyes. I havent heard of any blind traders yet.In order to be profitable in forex you must train your mind. It seems the more indicators you use the harder it is to trade. Keep it simple and remember the principal of trading. BUY WHEN THE PRICE IS GOING UP AND SELL WHEN THE PRICE IS GOING DOWN.
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