Price Action Trading with Indicators! The Freebie System | Page 13 | Forex Factory

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Price Action Trading with Indicators! The Freebie System

  • #241
  • Jan 21, 2011 12:06am Jan 21, 2011 12:06am
Quoting rohule
@ 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?
I have tint on my house windows!! DUH!! and i go to be durning the asian markets most times there DEAD there is more volume in London and the US
  • #242
  • Jan 21, 2011 12:07am Jan 21, 2011 12:07am
Quoting the-game
1. weekly overall trend is down.

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

3. Time to continue the trend?

Hmmmm....could be......i Thought so yesterday
  • #243
  • Jan 21, 2011 12:11am Jan 21, 2011 12:11am
rigth now we have a buy set up in eur but the price migth touch the fibo or its fine with that pin bar?
passion and discipline
  • #244
  • Jan 21, 2011 12:12am Jan 21, 2011 12:12am
This trade just a few mins ago looked ok to me SL was very SMALL and TP was BIGGER so i took it....but since its a live trade i guess its a CHERRY PICKED CHART right? LMAO
Attached Image (click to enlarge)
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  • #245
  • Jan 21, 2011 12:12am Jan 21, 2011 12:12am
also draw the same type of fib on the hourly chart last high to last low, price has retraced to 38.2 fib line and now going down.

will have to see, I agree it's a risky trade, so I have a small R:R
  • #246
  • Jan 21, 2011 12:13am Jan 21, 2011 12:13am
Quoting rohule
rigth now we have a buy set up in eur but the price migth touch the fibo or its fine with that pin bar?
Please post a pic with a line thru what you see....its hard to answer if i can not see what you see
  • #247
  • Jan 21, 2011 12:15am Jan 21, 2011 12:15am
Quoting the-game
also draw the same type of fib on the hourly chart last high to last low, price has retraced to 38.2 fib line and now going down.

will have to see, I agree it's a risky trade, so I have a small R:R
"Without RISK there will be no REWARD"
  • #248
  • Jan 21, 2011 12:15am Jan 21, 2011 12:15am
Quoting Dredding82
This trade just a few mins ago looked ok to me SL was very SMALL and TP was BIGGER so i took it....but since its a live trade i guess its a CHERRY PICKED CHART right? LMAO
That chart looks so weird, like it got multiple semaphor indicators on it... my chart looks nothing like yours!
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 145 KB
  • #249
  • Jan 21, 2011 12:18am Jan 21, 2011 12:18am
Quoting the-game
That chart looks so weird, like it got multiple semaphor indicators on it... my chart looks nothing like yours!
Nopes just the one....Its because we use different brokers! every broker has different data
  • #250
  • Jan 21, 2011 12:19am Jan 21, 2011 12:19am
i have 7 pips rigth now, i enter cos i find a pinbar near the fibo and M pattern on 15m, pin bar in 5m and 15m, all your rules are met
Attached Image
passion and discipline
  • #251
  • Jan 21, 2011 12:24am Jan 21, 2011 12:24am
Why not just post the indicators on the thread?

Are they a donated version from TRO?
TheCableGuy
  • #252
  • Jan 21, 2011 12:29am Jan 21, 2011 12:29am
Quoting TheCableGuy
Why not just post the indicators on the thread?

Are they a donated version from TRO?
TRO? dont know who or what that is....I do not have them on the thread because i want to limit the spread of my system and use of it by people that do not read the thread!! Out of the prb hundreds of PMs i have gotten only maybe 25% of them put there email in the PM so i could send them the files.....So what does that show you? THEY ARE NOT SERIOUS ABOUT TRADING!!! its a new system they saw but they can not even take the time to read the #1 post muchless the countless other times i have said to include your email in the PM!!

Point made?
  • #253
  • Jan 21, 2011 12:32am Jan 21, 2011 12:32am
Quoting rohule
i have 7 pips rigth now, i enter cos i find a pinbar near the fibo and M pattern on 15m, pin bar in 5m and 15m, all your rules are met
Pivot didnt fail on my charts....when i say fail i look for it to touch and reverse or go thru and reverse, coming within 1-2 is ok but i like to wait for a TRUE FAIL of the pivot
  • #254
  • Jan 21, 2011 12:33am Jan 21, 2011 12:33am
Quoting Dredding82
TRO? dont know who or what that is....I do not have them on the thread because i want to limit the spread of my system and use of it by people that do not read the thread!! Out of the prb hundreds of PMs i have gotten only maybe 25% of them put there email in the PM so i could send them the files.....So what does that show you? THEY ARE NOT SERIOUS ABOUT TRADING!!! its a new system they saw but they can not even take the time to read the #1 post muchless the countless other times i have said to include your email in the PM!!

Point made?
No problem, thanks for the response, I put your chart back on here to show you what TRO is.
Good trading to you.
Attached Image
TheCableGuy
  • #255
  • Jan 21, 2011 12:33am Jan 21, 2011 12:33am
UsdJpy.....my "cherry picked chart" just made 1:1 risk/reward!! EASY PIPS!! lets see if it can hit TP


**edit** soon as i posted it shot down and 1:2 was met!!
  • #256
  • Jan 21, 2011 12:36am Jan 21, 2011 12:36am
Quoting TheCableGuy
No problem, thanks for the response, I put your chart back on here to show you what TRO is.
Good trading to you.
Oh .....no....i was just messing with the add text button and found that and it looked kool! so i stuck it up there lol
  • #257
  • Jan 21, 2011 12:38am Jan 21, 2011 12:38am
Quoting Dredding82
Oh .....no....i was just messing with the add text button and found that and it looked kool! so i stuck it up there lol
Okay, I was just curious.

Reading through the thread now, thanks.

Many pips.
TheCableGuy
  • #258
  • Jan 21, 2011 12:45am Jan 21, 2011 12:45am
Quoting TheCableGuy
Okay, I was just curious.

Reading through the thread now, thanks.

Many pips.
Ok kool if you like the system and wanna give it a try the thread tells ya what to do lol
  • #259
  • Jan 21, 2011 12:47am Jan 21, 2011 12:47am
Quoting rohule
i have 7 pips rigth now, i enter cos i find a pinbar near the fibo and M pattern on 15m, pin bar in 5m and 15m, all your rules are met
You should have made atleast 1:1 by now right? SO GOOD TRADE!!
  • #260
  • Jan 21, 2011 12:52am Jan 21, 2011 12:52am
Quoting Dredding82
You should have made atleast 1:1 by now right? SO GOOD TRADE!!

i exit at 3510, so good profit for the day, thank you Dred, and also i have made some other pips with my other system

cheers!
passion and discipline
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