DislikedI WOULD not do that....i have watched demo next to my live charts and demo will jump in price when nothing happens on the live charts....Demo is BS in other words!
Best thing is to pick another broker with a low deposit...alot you can open a live account for $1.oo usd .....and use them for sunday or better yet take the time to relax and wait for the next dayIgnored
Price Action Trading with Indicators! The Freebie System
- #642
- Jan 25, 2011 4:50am Jan 25, 2011 4:50am
- | Joined Jun 2010 | Status: Focus And Simplicity | 1,116 Posts
No man is free who is not a master of himself. -P.M.-
- #643
- Jan 25, 2011 4:52am Jan 25, 2011 4:52am
- | Joined Jun 2010 | Status: Focus And Simplicity | 1,116 Posts
No man is free who is not a master of himself. -P.M.-
- #645
- Jan 25, 2011 4:59am Jan 25, 2011 4:59am
It doesnt do it all the time....but TRUST ME.....a few weeks ago i was looking at a demo chart for a pair and it showed it moving like 100 pips in 5 mins but when i was watching my live chart of the same pair and TF it didnt move but maybe 20 pips!!
Nice simple system ... very similar to how I was trading but much quicker to see when i am looking through charts thanks for putting it up here
- #646
- Jan 25, 2011 5:03am Jan 25, 2011 5:03am
- | Commercial User | Joined Jun 2010 | 2,022 Posts
ok cool i have as you suggested a couple of accounts with low deposits in them so switch between if having problems with one....
Nice simple system ... very similar to how I was trading but much quicker to see when i am looking through charts thanks for putting it up here
- #648
- Jan 25, 2011 5:08am Jan 25, 2011 5:08am
- | Joined Jun 2010 | Status: Focus And Simplicity | 1,116 Posts
No man is free who is not a master of himself. -P.M.-
- #649
- Edited 5:39am Jan 25, 2011 5:10am | Edited 5:39am
I got the signal for GP/USD and jumped right in! i got tears in my eyes right now.
...205 pips...wouldnt have caught that with my old system! Thanks man.
I have found timing the exits around pivot points or next round nomber where price tends to stall is beneficial. I am a junior member couldnt pm you. i only hav the newbie template from the first post (before it was taken down). Im using a basic pivot indi- not the one with mid levels like yours.
would definately like the rest of the [email protected]
is it too early for me to tell the boss to shove the job where the sun don shine?
...205 pips...wouldnt have caught that with my old system! Thanks man.I have found timing the exits around pivot points or next round nomber where price tends to stall is beneficial. I am a junior member couldnt pm you. i only hav the newbie template from the first post (before it was taken down). Im using a basic pivot indi- not the one with mid levels like yours.
would definately like the rest of the [email protected]
is it too early for me to tell the boss to shove the job where the sun don shine?
- #650
- Jan 25, 2011 5:12am Jan 25, 2011 5:12am
- | Joined Jun 2010 | Status: Focus And Simplicity | 1,116 Posts
No man is free who is not a master of himself. -P.M.-
- #656
- Jan 25, 2011 5:48am Jan 25, 2011 5:48am
Thanks for replying to that Wally, Im gald memebers like you understand there are many ways to look for the trend...
A trend is pretty subjective, and depends on the TF and the trader's veiwpoint. A trend on the 15 might be a retrace on the hourly, and a trend on the 4h,,, well, you see where this goes. IT DEPENDS ON WHAT THE SYSTEM NEEDS TO CALL A TREND.
This is the way I am using SSI (sem sig indie)
If I want to trade the 15, I look at the TF that is 4-6 times higher. If trading the 15, look at the hourly for the trend.
So, you go the the hourly and find the dominant most recent Big3. You know this, because it will be followed by HH HL for long trend or LH LL for short trends. (if the 4hr and daily are also all lined up, so much the better, and the greater chance of scoring pips)
Now.... go to the 15 TF and when you look back, you will find the corresponding BIG3. This is the one that should keep your steely eyed attention. ANY OTHER BIG3 FOLLOWING THE CORRESPONDING BIG3 ARE NOT SIGNALS, THEY ARE MERELY HH & LL'S.
Thus, you know which way you are going to trade, and which side of the fibs, and which way the stoch cross you are looking for.
NEXT STEP. . . ASSUME YOU ARE RIGHT! YOU CAN'T CONTINUALLY DOUBT YOURSELF, OR YOU WILL CHASE FALSE SIGNALS ALL DAY.
What about trend changes?
If trading the 15, Keep an eye on the hourly. If trading the hourly, keep an eye on the 4hr . . . and so on. If you get an opposite signal on the hourly (a BIG3 followed confirmed by Hi Lo's) Re evaluate the 15.
I think this is ONE OF THE BEAUTIES OF DREAD'S SYSTEM.... IF THE TREND IS REVERSING, or RANGING, AND YOU HAVEN'T REALIZED IT YET, YOU PROBABLY WON'T GET MANY SIGNALS, SO YOU ARE PROBABLY STANDING ASIDE ON SOME BAD TRADES.
This will work with most trend type indies and MA's. Remember . . . nothing is 100%. Like counting cards in blackjack, it is only a matter of improving the odds in your favor... AND STRICTLY FOLLOWING TRADE RULES.
See examples, Let's make some dough.
Shake
- #657
- Jan 25, 2011 5:51am Jan 25, 2011 5:51am
- | Commercial User | Joined Jun 2010 | 2,022 Posts
Right Dread, a lot of ways.
A trend is pretty subjective, and depends on the TF and the trader's veiwpoint. A trend on the 15 might be a retrace on the hourly, and a trend on the 4h,,, well, you see where this goes. IT DEPENDS ON WHAT THE SYSTEM NEEDS TO CALL A TREND.
This is the way I am using SSI (sem sig indie)
If I want to trade the 15, I look at the TF that is 4-6 times higher. If trading the 15, look at the hourly for the trend.
So, you go the the hourly and find the dominant most recent Big3. You know this, because it will be followed...
- #659
- Jan 25, 2011 6:07am Jan 25, 2011 6:07am
- | Commercial User | Joined Jun 2010 | 2,022 Posts
Man i just cant make a living with REPAINTING indicators!!!
COME'ON R3!!! Big Daddy D needs some strippers for the weekend!! 
lmao
COME'ON R3!!! Big Daddy D needs some strippers for the weekend!! lmao
