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Price Action Trading with Indicators! The Freebie System

  • #221
  • Jan 20, 2011 3:24pm Jan 20, 2011 3:24pm
Quoting Bary
A thread writer that shares his system is doing so to try to help other traders for FREE. A thread writer does not have to prove how well the system works for them, the thread reader (if their smart) has to research and try the system to see if it works for them. Dredding is responding to all questions and helping above and beyond what should be expected. We all know that traders trading the same system will have different results. So to all...try the system, ask questions and if it works for you then go make some pips, if it doesn't then move on...
Thanks Bary!! atleast some memebers here want to learn to really trade...Hope you start making some good trades once you learn how to use my system proper.

ANY OTHER JERKS........PLEASE READ BELOW! IF WANT TO RUN YOUR MOUTH ABOUT MY THREAD!

There might be some reason behind my madness....Lets put it the simple way! So everyone can understand With questions you ask yourself!!

Questions..............
How many systems have you seen that showed great results?
How did those systems really do for you?
How many systems have you seen statements?
How do you know there statements werent just made up?
How many people post there "system" and there is only a resposne from the starter every few days then after a week you never see them again, because they were banned for trying to SELL people things!

Answers.........
A h*ll of a lot, thought i would be rich in a few months!!
Man they ate 1/2 3/4 or all of my account!!
All most every one and i checked the trades with my charts they were good!!
I didnt think someone could or would make up trades!!
WOW yea i seen alot of peoples threads go str8 to the trash can!!

Those were just some BS questions you need to ask yourself....

If i get kicked off of here i would rather it be for telling all there "traders" that have been here for YEARS still looking for a good system to trade to STICK IT and let me show people HOW I TRADE!! If you dont like it KEEP ON TRUCKING!! Your comments are not needed HERE!
  • #222
  • Jan 20, 2011 3:27pm Jan 20, 2011 3:27pm
Quoting cigarguy
Dredding82,

Do you give any credence to the Top of The Hour trade?

I have watched the beginning of the hour bar and noticed many big moves take place at this time. It seems that each hour bar is good for one good move at the beginning.

I am going to watch this time frame using your system for entries.

Any thoughts?

Regards,
Cigarguy
You can trade any TF....read post #1 for how to trade what TF, but i can tell you this....H1 doesnt mean nothing if the LOWER TF says different! lol
So you can watch the H1 but you get a better risk:reward to enter on the smaller ones
  • #223
  • Jan 20, 2011 3:33pm Jan 20, 2011 3:33pm
Quoting Dredding82
You can trade any TF....read post #1 for how to trade what TF, but i can tell you this....H1 doesnt mean nothing if the LOWER TF says different! lol
So you can watch the H1 but you get a better risk:reward to enter on the smaller ones
I agree. I trade 5m and 15m charts. I didn't mean to trade the Hour chart. What I was referring to was at the beginning of the hour bar (you can see this by watching a hour chart with a candle timer) that is a good time to pay attention and look for a trade. Have you noticed the volatility at the beginning of the hour? Usually during London/New York? Not as much during Asian Session.

Regards,
Cigarguy
Keep It Simple
  • #224
  • Jan 20, 2011 3:37pm Jan 20, 2011 3:37pm
Quoting cigarguy
I agree. I didn't mean to trade the Hour chart. What I was referring to was at the beginning of the hour bar (you can see this by watching a hour chart with a candle timer) that is a good time to pay attention and look for a trade. Have you noticed the volatility at the beginning of the hour? Usually during London/New York? Not as much during Asian Session.

Regards,
Cigarguy
OH>>>>>>>>>>Nah never really watched since it doesnt matter i go off the close of candles, i just wait till i heard my platform tell me "One minute till candle close" or one of my custom indicators tell me "Possible buy Euro USD" then i check my charts lol!
I made custom .wav files when i got tired of going thru all the charts to see what pair might have a setup on it
  • #225
  • Jan 20, 2011 3:40pm Jan 20, 2011 3:40pm
Hi Dredding82,
I PMed you. Can you please check your PM. I appreciate it.

forexforex
  • #226
  • Jan 20, 2011 3:50pm Jan 20, 2011 3:50pm
I dont know what the average views per thread is....but it will be i think 48 hours in 7 hours that i started this thread!! and already 18,000 views!! That has got to be a record right? HAHA Well just shows alot of people must be into my system!!

NOW WHERE ARE ALL MY POLL VOTES & TREAD VOTES!! lol
  • #227
  • Edited 4:41pm Jan 20, 2011 4:19pm | Edited 4:41pm
Ok bed time for me guys...If anyone that sent me a PM but did not get the indicators yet please send me another PM but PUT YOUR EMAIL in it so i can send it or i will just delete it again since that shows me you DID NOT read the THREAD!!......
  • #228
  • Jan 20, 2011 6:15pm Jan 20, 2011 6:15pm
Hi, love your system, I sent you a PM about 24hrs ago asking for the indys, and quoted my e-mail address.

Cheers

ST
" Dont wait for your boat to come in ..... swim out and meet it"
  • #229
  • Jan 20, 2011 6:18pm Jan 20, 2011 6:18pm
I am quite impressed and look forward to trying it out. I sent my e-mail address to you as well.
  • #230
  • Jan 20, 2011 6:22pm Jan 20, 2011 6:22pm
hey Dredding82 , you got a very strange personality, not bad, not good, but very strange !
in all case you love speak and rebuild the world in all your reply. verry funny

thx you for continue to reply.
  • #231
  • Jan 20, 2011 7:02pm Jan 20, 2011 7:02pm
Quoting Dredding82
OH>>>>>>>>>>Nah never really watched since it doesnt matter i go off the close of candles, i just wait till i heard my platform tell me "One minute till candle close" or one of my custom indicators tell me "Possible buy Euro USD" then i check my charts lol!
I made custom .wav files when i got tired of going thru all the charts to see what pair might have a setup on it
Hey Dredding,

Your custom indicator that alerts you to a possible buy... is it based off of the semafore? I would like to set up something similar and was trying to figure out the best method to use. Thanks.
  • #232
  • Edited 11:23pm Jan 20, 2011 11:11pm | Edited 11:23pm
Quoting prof8t
Hey Dredding,

Your custom indicator that alerts you to a possible buy... is it based off of the semafore? I would like to set up something similar and was trying to figure out the best method to use. Thanks.
No its a total custom indicator but im almost sure if they make that indicator with an alert it will work almost like mine
  • #233
  • Jan 20, 2011 11:18pm Jan 20, 2011 11:18pm
Hey Dredd,

Told you I would post my live trades using this system tonight/today.

I'm just about to head off to sleep as you are about to wake up.

I took this live trade right before.

I'm about 90% sure this trade will hit my first target point at 1.34626.
It was awesome to actually see the candles fail right at fib R1. I watched every candle before I got a signal to make sure that this thing was going to head down.

This pic was taken about 30 min ago but currently I'm up 11 pips.

I will be posting my live trades tomorrow as well!

See ya then.

cubby
Attached Image (click to enlarge)
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  • #234
  • Edited 11:54pm Jan 20, 2011 11:29pm | Edited 11:54pm
Quoting Cubbybgood
Hey Dredd,

Told you I would post my live trades using this system tonight/today.

I'm just about to head off to sleep as you are about to wake up.

I took this live trade right before.

I'm about 90% sure this trade will hit my first target point at 1.34626.
It was awesome to actually see the candles fail right at fib R1. I watched every candle before I got a signal to make sure that this thing was going to head down.

This pic was taken about 30 min ago but currently I'm up 11 pips.

I will be posting my live trades tomorrow as...

Yes that Looks liike a GREAT setup!! H1 is about to close in 30 mins so it might turn into a H1!! SL should be 18 pips or so depends on spread with your broker but you should look for 48-142 pips!!!! on that trade. If you do leave and go to be where you can not watch your trade it is ok to just set TP and SL but it would be safer to also use a TSL that way it could be a break even trade instead of a loss if there is a fast reverse!

keep US posted!!
  • #235
  • Jan 20, 2011 11:31pm Jan 20, 2011 11:31pm
Ok for everyone that PMed me last night that ADDED YOUR EMAIL TO THE PM....check you email inbox you should have the files....i can almost swear i send it to a few of the people before already!
  • #236
  • Jan 20, 2011 11:56pm Jan 20, 2011 11:56pm
possible USDCAD short coming up!
  • #237
  • Jan 20, 2011 11:57pm Jan 20, 2011 11:57pm
Well it is FRIDAY guys.....so there could be some setups today but i wouldnt count on it 100% .........
  • #238
  • Jan 20, 2011 11:58pm Jan 20, 2011 11:58pm
Quoting the-game
possible USDCAD short coming up!
Could be a possible .....But what is the trend?
  • #239
  • Jan 21, 2011 12:03am Jan 21, 2011 12:03am
@ dred

hi mate! im also trade for living, im a money manager i have few clients but with nice capital, but i cant trade Uk session cos i have to sleep, i only trade Asia and us session, how can you manage sleep in day time?
passion and discipline
  • #240
  • Jan 21, 2011 12:03am Jan 21, 2011 12:03am
1. weekly overall trend is down.

2. on the daily chart if you draw a fib from the last high (#2 semaphor) to the last low (#3 semaphor), you will see price has retraced to exactly the 50 fib line.

3. Time to continue the weekly trend?
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