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by **Stalion** on Wed Mar 12, 2008 5:04 am

Hi folks,
GBPUSD gave a surprise rally yesterday morning when it shot thru the roof with some 118 pips in the bargain. The 1-2-3 bottom technique was used to identify and grab those pips on the table, before price reversed back downwards.

2.0168-2.0050=0.0118
2.0089+0.0118=2.0207( final target point).

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by KEYAMO on Wed Mar 12, 2008 6:26 am

helloo, i can see from your technical analysis that d figures are ok,but whatabout MACd?

by **Stalion** on Sat Mar 15, 2008 12:41 am

On the diagram, Keyamo,
Price was on a downtrend while MACD was trending up. So we could see a MACD POSITIVE DIVERGENCE TO PRICE B4 THE BULLISH MOVEMENT. MACD was saying there was increasing strength in the markets,making price to shoot up at the end of the day.
Hope that helps.

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by fxvampiro on Fri Mar 21, 2008 9:15 am

hi stalion,can u plese tell us more on how you use 123 bottom to make money in forex?

forexgreenland - Forex forum,Forex training, Forex signals, Forex mgt accts

118 pips,$118 mini, $1180 standard , using 1-2-3 bottom technique

118 pips,$118 mini, $1180 standard , using 1-2-3 bottom technique

Re: 118 pips,$118 mini, $1180 standard , using 1-2-3 bottom technique

Re: 118 pips,$118 mini, $1180 standard , using 1-2-3 bottom technique

Re: 118 pips,$118 mini, $1180 standard , using 1-2-3 bottom technique

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