Price Action Trading with Indicators! The Freebie System | Page 22 | Forex Factory

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Price Action Trading with Indicators! The Freebie System

  • #421
  • Jan 22, 2011 5:42am Jan 22, 2011 5:42am
Sorry for the breach. Your trading method rocks.
  • #422
  • Jan 22, 2011 5:45am Jan 22, 2011 5:45am
Quoting rotunda
Sorry for the breach. Your trading method rocks.
Its all good man!!! just trying to keep my thread clean so people do not think i changed up my system like so many other threads do.
  • #423
  • Jan 22, 2011 5:46am Jan 22, 2011 5:46am
Continuty in your method builds confidence. Stick to it.
  • #424
  • Jan 22, 2011 5:48am Jan 22, 2011 5:48am
Quoting rotunda
Continuty in your method builds confidence. Stick to it.
Have been for over 3 years now....Its worked for me so i doubt i will be changing anytime soon lol
  • #425
  • Jan 22, 2011 6:18am Jan 22, 2011 6:18am
very interesting method. just take note that you cant please everyone. Keep up with the good work.

Quoting Dredding82
Have been for over 3 years now....Its worked for me so i doubt i will be changing anytime soon lol
Bay The earth is the Lord's and the fullness thereoff.
  • #426
  • Jan 22, 2011 6:22am Jan 22, 2011 6:22am
Quoting bayana2020
very interesting method. just take note that you cant please everyone. Keep up with the good work.
Thanks bayana2020! I know i just wish people that do not want to learn or use my system would take the comments else where instead of downing a system they do not understand.
  • #427
  • Jan 22, 2011 6:39am Jan 22, 2011 6:39am
  •  leemo
  • | Joined Oct 2009 | Status: Frankie Howard lives on... | 42 Posts
There are many retail forex traders with bruised egos. Because they cannot find a successful method of trading they become cynical and disrupt other people's attempts to communicate and learn in this business.

Nice thread....
  • #428
  • Jan 22, 2011 6:44am Jan 22, 2011 6:44am
Quoting leemo
There are many retail forex traders with bruised egos. Because they cannot find a successful method of trading they become cynical and disrupt other people's attempts to communicate and learn in this business.

Nice thread....

Thanks for the post leemo!
  • #429
  • Jan 22, 2011 6:46am Jan 22, 2011 6:46am
@Dredding82 : did you received my PM?
  • #430
  • Jan 22, 2011 6:48am Jan 22, 2011 6:48am
Hi Dredding82,
I have tried to PM you, however I can't due to my junior status. Is there another way I can get my email address to you. Thanks Jeff
  • #431
  • Jan 22, 2011 6:49am Jan 22, 2011 6:49am
Quoting guito2009
@Dredding82 : did you received my PM?
If i didnt PM or email you then NOPES! lol
  • #432
  • Jan 22, 2011 6:55am Jan 22, 2011 6:55am
Hi Dreddng82,

When you say you trade with the trend, what do you use for trend direction.

thanks
  • #433
  • Jan 22, 2011 8:44am Jan 22, 2011 8:44am
Many systems work, but the problem usually falls back to the actual trader. If you are patient for the setups to form, and your disciplined with the signal your system gives (every time), and your win to loss ratio is favoring the WIN side you can do fine in Forex.

There is no holy grail, you win, you lose, you have to make sure your winning more then losing in the long run.

I would say after a few weeks of trading any system, you will become familiar with it's cycles, patterns, and setups.

Once you reach the point where you have set rules for entry, and for targets, and stops you start slowly with small lots on the table, and as you continue to succeed and learn more about yourself, you can add with confidence.

Hope everyone can make some pips this week, and learn learn learn.
TheCableGuy
  • #434
  • Jan 22, 2011 8:49am Jan 22, 2011 8:49am
Quoting Jane_peters
Hi Dreddng82,

When you say you trade with the trend, what do you use for trend direction.

thanks
Is the pair making higher highs or lower lows on a higher time frame if it is in a range is it ranging up or ranging down?.........Everyone looks at trend in differnent ways....its up to you to find what works for you, Some will say the trend is down when its up and others up when its down...
  • #435
  • Jan 22, 2011 8:51am Jan 22, 2011 8:51am
Quoting Phan_TomBye
I only use RSI in trading, but it is not very important
What does your quote have to do with what i said?
  • #436
  • Jan 22, 2011 9:08am Jan 22, 2011 9:08am
Quoting jeffwuru
Hi Dredding82,
I have tried to PM you, however I can't due to my junior status. Is there another way I can get my email address to you. Thanks Jeff
Do you use Y! msger?
  • #437
  • Jan 22, 2011 9:14am Jan 22, 2011 9:14am
Well you would need the pivots on your charts to find that......THAT IS A KEY PART of my system!
  • #438
  • Jan 22, 2011 9:19am Jan 22, 2011 9:19am
Quoting N2FX
Okay, here is the 1 hour chart showing the setup given from page 1, there is no fibo indicator on it, just the zig zag, semafor, and stoch.

I can see from the chart price is from the lower left to top right of screen (UP TREND), can you mark on that chart what you were looking for to short on that last swing up, since the semafor showed tops and continued to move many times on it's move up.

Also, can you show or explain to us what your looking for to happen to take a short entry on this move up, since you said your not really looking for retracement...
I never said I do not look for retracements....i said i DO NOT want people that are new to my system to try and find retracements since they are harder to find and most times give a smaller risk:reward ...I have stated the rules for a buy and sell several times ....READ THE THREAD...there is ONLY 4 SIMPLE rules.....
  • #439
  • Edited 11:59am Jan 22, 2011 9:25am | Edited 11:59am
Here are the charts setup proper!! As i have said in alot of posts TP is 1:1-1:4+ or OTHER S&R(fib pivots) so that means if you wanted to short(god knows why on an uptrend) then you would do so AT THE FIB PIVOTS!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euro.gif Size: 32 KB
Click to Enlarge Name: euro1.gif Size: 32 KB
  • #440
  • Jan 22, 2011 9:32am Jan 22, 2011 9:32am
Thanks for the charts, I erased mine, figure they were not right anyways.
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