Calculating Forex Price Action - 1-2-3 Forex Price Action Trading Strategy

How to Calculate Price Action 1-2-3 Break out Strategy

To calculate 1-2-3 price action strategy - use three chart points to determine the break out direction of a forex currency price.

The 1-2-3 price actions strategy method uses a peak and a trough, these price points forms point 1 and point 2,

If the price moves above the peak the trade signal is buy

If the price moves below the trough the trade signal is to sell.

The price break-out of point 1 or point 2 forms the third point.

Calculating Price Action 1-2-3 Break out Forex Trading Example

Price Action 1-2-3 Method in Forex Trading

This price action 1-2-3 strategy uses pre-determined pattern - the 1-2-3 pattern that either develops as one price action pattern or series of price action setups.