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Content preview from newtradeonline.blogspot.al: One of thefirst trading strategies I was taught when Istarted trading was the simple 123 pattern.Whilst I cannot trade every system I writeabout every day, the 123 system can giveexact entries and tight stops.The 123 trading system is a break out systemwhere we label the current high or low point1 the next high or low is point 2 and thepull back high or low is point 3. Our entrypoint for the trade is always the break ofpoint 2.Letslook at a GBP/USD 15 min chart where I haveIdentified a number of
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