DislikedNo i do not want my indicators posted for a reason that has been stated a number of times!Ignored
If I ask nicely on a PM can you send me a copy please ?
Cheers
ab1
Price Action Trading with Indicators! The Freebie System
- #1,005
- Jan 31, 2011 1:10pm Jan 31, 2011 1:10pm
Hi,
Just closed the second trade. You can see my entry (yellow line). The reason I entered a few candles later is because I was waiting for the 1H candle to change color, and when it did I managed to enter pretty close to the original entry point. Sl (26 pips, pink line) just below the recent low which was also the signal candle(fib bounce) and I was targeting the Fib pivot level but it smashed through easily so my next target was the previous high( M3 mid pivot line).
That is where I closed my trade for 32 pips. Beautiful!
BTW, there is another trade on USD/CAD but Im not playing that one.
Just closed the second trade. You can see my entry (yellow line). The reason I entered a few candles later is because I was waiting for the 1H candle to change color, and when it did I managed to enter pretty close to the original entry point. Sl (26 pips, pink line) just below the recent low which was also the signal candle(fib bounce) and I was targeting the Fib pivot level but it smashed through easily so my next target was the previous high( M3 mid pivot line).
That is where I closed my trade for 32 pips. Beautiful!
BTW, there is another trade on USD/CAD but Im not playing that one.
- #1,006
- Jan 31, 2011 1:12pm Jan 31, 2011 1:12pm
Amen to that!
This thing is golden....
USDCHF long at 2:1 R:R
Blue dotted Line ..entry
Red.. Stop
Orange ..Target
Nice !! took the trade on the 1st Pullback, H1 #3 had confirmed
Still in EURUSD Short
Attachment
- #1,008
- Jan 31, 2011 1:16pm Jan 31, 2011 1:16pm
- | Commercial User | Joined Jun 2010 | 2,022 Posts
Hi dredding
I dont know why Pivot lines gets so close together.its 15M TF.setting 1440 for my period.do you have any idea what is wrong?
Thanks
Fred
ITS THE SUNDAY CANDLE ...........Which was talked about LAST WEEK!
So then what we have to do to fix this thing?
Fred
I initially thought that it might just be a tweak to the code to fix the pivot calculations - but it seems as though the easiest solution is to find a brokers charts without the sunday candle (which messes with the calculations..)
I was advised to do this - so I did and without the Sunday candle it works just fine..
No excuses for Monday trading now.!
- #1,012
- Jan 31, 2011 3:14pm Jan 31, 2011 3:14pm
I have had the same problem today..
I initially thought that it might just be a tweak to the code to fix the pivot calculations - but it seems as though the easiest solution is to find a brokers charts without the sunday candle (which messes with the calculations..)
I was advised to do this - so I did and without the Sunday candle it works just fine..
No excuses for Monday trading now.!
Shake
http://i54.tinypic.com/2415t87.gif
Freebie Alert was in the shaded area signaling a long entry.
SWEET!!
Freebie Alert was in the shaded area signaling a long entry.
SWEET!!
- #1,014
- Edited 3:53pm Jan 31, 2011 3:49pm | Edited 3:53pm
I wasnt' going to do much with this system today, but all those sweet moves posted by you guys made me HORNEY TO TRADE.
Here is one i got in a little while ago on the AU hourly. THe AU is in a big 100+ pip range over the last several days. I caught a nice bounce off a fib piv. (but not dreds fib piv) and red conformation candle and stoch cross. NOT very happy with the signal bar, though, not a pin bar.
Not the best time of day to trade, but the Aussie has been fairly active through the Asian session lately.
Dred had mention before that this system can be used with ranging. All the sem 3's on the hourly and the 4hr look pretty valid to me.
I really don't like taking trades too much this time of day so I went in with smaller lot size than usual.
Then again, all the gibberish I just spouted off may be just giving me an excuse to trade, which is a BAD HABIT
We'll see how it goes . . .
Shake
Here is one i got in a little while ago on the AU hourly. THe AU is in a big 100+ pip range over the last several days. I caught a nice bounce off a fib piv. (but not dreds fib piv) and red conformation candle and stoch cross. NOT very happy with the signal bar, though, not a pin bar.
Not the best time of day to trade, but the Aussie has been fairly active through the Asian session lately.
Dred had mention before that this system can be used with ranging. All the sem 3's on the hourly and the 4hr look pretty valid to me.
I really don't like taking trades too much this time of day so I went in with smaller lot size than usual.
Then again, all the gibberish I just spouted off may be just giving me an excuse to trade, which is a BAD HABIT
We'll see how it goes . . .
Shake
For everyone that has PMed me for the indicators i am working on it was waiting to get a few people so i could just send one email instead of 899 single emails......Just give me a day or 2 more ...