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Price Action Trading with Indicators! The Freebie System

  • #881
  • Jan 28, 2011 7:51am Jan 28, 2011 7:51am
Thar be whales here
Attached Image (click to enlarge)
Click to Enlarge Name: eu econ forecast candle.gif Size: 40 KB
  • #882
  • Jan 28, 2011 7:52am Jan 28, 2011 7:52am
On Shakey's EJ chart he shows the Heiken Ashi bars, but on the PA charts there was another hint that that trade was solid. The 11:15 bar on the 15m chart, although blue in HA color was a "pinbar" type (I know poorly located and all that), which was my last key to entering short.
This system seems very strong. Thanks Dred for being thrown into "Public" ( a reference to Pot. Salad).
  • #883
  • Jan 28, 2011 8:31am Jan 28, 2011 8:31am
Quoting gmcc
On Shakey's EJ chart he shows the Heiken Ashi bars, but on the PA charts there was another hint that that trade was solid. The 11:15 bar on the 15m chart, although blue in HA color was a "pinbar" type (I know poorly located and all that), which was my last key to entering short.
This system seems very strong. Thanks Dred for being thrown into "Public" ( a reference to Pot. Salad).
Yups...gotta love my HA!! lol
  • #884
  • Jan 28, 2011 8:43am Jan 28, 2011 8:43am
I was surprised by the simplicity and effectiveness of this strategy
about 400 pips in three days (session London)... trading in m15 or h1 tf.

Trading also yesterday evening (Japanese Session) ... But I'll see the results when I get home.

Greetings.
Attached Image (click to enlarge)
Click to Enlarge Name: m15-----ok.gif Size: 90 KB
  • #885
  • Jan 28, 2011 9:00am Jan 28, 2011 9:00am
Quoting porfirio
I was surprised by the simplicity and effectiveness of this strategy
about 400 pips in three days (session London)... trading in m15 or h1 tf.

Trading also yesterday evening (Japanese Session) ... But I'll see the results when I get home.

Greetings.
SWWWEEEEEETTTTT!!!! lol theres only one bad thing.....................................





ITS DEMO MONEY! LOL!
But it works on live accounts so when you go live your going to quit your job....I DID!!
  • #886
  • Jan 28, 2011 9:10am Jan 28, 2011 9:10am
Quoting Dredding82
Ok you ment you couldnt change colors.....thought you ment it was dont drawing on the charts.. I have changed the files on the post.
You're welcome
  • #887
  • Edited 10:10am Jan 28, 2011 9:43am | Edited 10:10am
Man, left pips on the table but proud to get 44 this time of day and be done with it. Entered after GDP news and scaled out at daily fib pivot M2 and closed at S1. Its a 15m chart trade with an eye on the 1h and nice to have the 4h signal with me too.

Pimp Daddy Tater has something that works real well if we follow the 4 rules with an eye on the upper Time Frames.

Can I call you Daddy?

Thank you Tater for doing this for us. You are very kind.

Steve
Attached Image (click to enlarge)
Click to Enlarge Name: eu_short.jpg Size: 120 KB
  • #888
  • Jan 28, 2011 10:36am Jan 28, 2011 10:36am
http://i53.tinypic.com/11l7j1c.gif

Entering the trades when the circle forms inside the shading areas. My stop loss is 1 pip below the blue shaded area. Catching the reversals. Thank you, Dredding.
  • #889
  • Jan 28, 2011 10:46am Jan 28, 2011 10:46am
http://i56.tinypic.com/1zpl7vl.gif

Entering now
  • #890
  • Jan 28, 2011 10:52am Jan 28, 2011 10:52am
Here is one I recently took. I will place another buy when the candle closses above the red horizontal line, which line represents a pivot. I am using M30 and M5 to trade. The green vert. line is where the M30 semaphor is at telling us to go up. There are many areas to enter the trade especially when the stoch pulls back, etc.

Hell Dredd, is this OK????
Attached Image (click to enlarge)
Click to Enlarge Name: semafor_03.gif Size: 24 KB
  • #891
  • Jan 28, 2011 11:00am Jan 28, 2011 11:00am
Quoting tjfxtrader
http://i56.tinypic.com/1zpl7vl.gif

Entering now

I suggest you should wait a little. The M15 candle has not completely formed yet. A pivot has not yet been broken to go up yet, nor has stoch given a sign. What you guys think ????
  • #892
  • Edited 11:20am Jan 28, 2011 11:03am | Edited 11:20am
Quoting maxwell-eqtn
I suggest you should wait a little. The M15 candle has not completely formed yet. A pivot has not yet been broken to go up yet, nor has stoch given a sign. What you guys think ????
Thanks for the advise.

Quote
1) ZigZag(zz indicator) is the heads up
2) Fails at a Fib pivot
>------------------------If you like price action then you dont need the last 2 but for newbies i would use them
3) Candle Green(buy) Red(sell)
4) Stoch crossed Up(buy) Down(sell)
  • #893
  • Jan 28, 2011 11:05am Jan 28, 2011 11:05am
I entered another buy trade just like i said.. let us see where it goes.
Attached Image (click to enlarge)
Click to Enlarge Name: semafor_04.gif Size: 25 KB
  • #894
  • Jan 28, 2011 11:08am Jan 28, 2011 11:08am
Quoting maxwell-eqtn
I entered another buy trade just like i said.. let us see where it goes.
Sorry i do not trade that pair first off and second your not using my system with the rules so i will not comment on your trades...
  • #895
  • Jan 28, 2011 11:10am Jan 28, 2011 11:10am
Quoting tjfxtrader
http://i56.tinypic.com/1zpl7vl.gif

Entering now
Damn, TJ That's Sweet!!
  • #896
  • Jan 28, 2011 11:17am Jan 28, 2011 11:17am
So what have I done that is not according to your rules? You said any pair and any time frame could be traded, so I guess one could trade any pair and any time frame. Anyway as far as the rules go I would like for you to comment on what I should have done.

Thanks
  • #897
  • Jan 28, 2011 11:20am Jan 28, 2011 11:20am
Quoting maxwell-eqtn
So what have I done that is not according to your rules? You said any pair and any time frame could be traded, so I guess one could trade any pair and any time frame. Anyway as far as the rules go I would like for you to comment on what I should have done.

Thanks
You can trade any pair or any TF....I JUST DONT TRADE THE PAIR YOU ARE ASKING ABOUT!!
So if you post a pic with a bunch of indicator but the ones I USE.....i cant answer you or tell if it would be wish to take the trade.......
  • #898
  • Jan 28, 2011 11:23am Jan 28, 2011 11:23am
we trade from the 15mimutes TF having confirmed the trend from a higher TF that way u catch the move early.
Quoting maxwell-eqtn
So what have I done that is not according to your rules? You said any pair and any time frame could be traded, so I guess one could trade any pair and any time frame. Anyway as far as the rules go I would like for you to comment on what I should have done.

Thanks
Bay The earth is the Lord's and the fullness thereoff.
  • #899
  • Jan 28, 2011 11:27am Jan 28, 2011 11:27am
Quoting Dehyah
Could someone give me the steps to post screen shots.I would like to show my set ups whether it is good or bad.
1.Right click on your chart

2. Scroll to "save as picture"

3. Choose "active workspace" if you want to include your account data or choose "active chart as is" if you want chart only

4. Click ok, and choose a file to save it in.

To attach to post:

1. on the post screen, click "manage attachments

2. click "browse"

3. Find the file you saved your picture to earlier, highlight the picture and click "open"

4. The post screen will re-appear. Click "upload"

5. In a few seconds, your attachment name will appear along the bottom of the attachment screen.

6. It will then appear automatically when you submit your post.

(be sure your format fits one of the acceptable formats listed. GIF seems to be the most common.

Sorry if you already know most of this,

Shake
  • #900
  • Jan 28, 2011 11:32am Jan 28, 2011 11:32am
Does anyone have the template or the fib support resistence indicator for this system.

Thanks
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