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Price Action Trading with Indicators! The Freebie System

  • #1,301
  • Feb 14, 2011 3:07am Feb 14, 2011 3:07am
Nice trade on GBPUSD using Murrey Math. Triple top trying to break MM5/8ths level and then the short got triggered. YAWN like stealing candy from a baby
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  • #1,302
  • Feb 14, 2011 9:35am Feb 14, 2011 9:35am
Hello Forexnutter, ANS and UgoDadeo:

Has any of you gotten any response yet from Dredding on the Price Action Templates and Indicators. As junior members, we can't send him a PM, but I'm not sure whether he gets ours also. Anyway, if any gets, please let's help each other out.

Dredding, if you are out there in forex land :-), please help your fellow traders. Your system is awesome. Thanks.
  • #1,303
  • Feb 14, 2011 10:56am Feb 14, 2011 10:56am
Hi guys and gals,

I just took a trade on the EURUSD. Well, I know. At this time of the day it tends to go sideways. But I think all rules were met and it's worth a few pips. 1:1 should be possible. Whatcha think?

Keep makin' those pips...


fxcc
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  • #1,304
  • Feb 14, 2011 11:04am Feb 14, 2011 11:04am
Anybody home?
  • #1,305
  • Feb 14, 2011 11:51am Feb 14, 2011 11:51am
Quoting jtcaleb
Hello Forexnutter, ANS and UgoDadeo:

Has any of you gotten any response yet from Dredding on the Price Action Templates and Indicators. As junior members, we can't send him a PM, but I'm not sure whether he gets ours also. Anyway, if any gets, please let's help each other out.

Dredding, if you are out there in forex land :-), please help your fellow traders. Your system is awesome. Thanks.
Not yet mate, just a matter of practicing one of the requirements of trading - patience :-)
Your Attitude Determines Your Altitude
  • #1,306
  • Feb 14, 2011 12:19pm Feb 14, 2011 12:19pm
Quoting jtcaleb
Hello Forexnutter, ANS and UgoDadeo:

Has any of you gotten any response yet from Dredding on the Price Action Templates and Indicators. As junior members, we can't send him a PM, but I'm not sure whether he gets ours also. Anyway, if any gets, please let's help each other out.

Dredding, if you are out there in forex land :-), please help your fellow traders. Your system is awesome. Thanks.
To be a full memeber all you have to do is post like 5 times or something...SO POST POST POST! lol I have already said this like 18 times in the thread....
  • #1,307
  • Feb 14, 2011 12:21pm Feb 14, 2011 12:21pm
Quoting fxcc
Hi guys and gals,

I just took a trade on the EURUSD. Well, I know. At this time of the day it tends to go sideways. But I think all rules were met and it's worth a few pips. 1:1 should be possible. Whatcha think?

Keep makin' those pips...


fxcc
Every rule was met! i took it but since it is this late in the day i grabbed 10 pips and got out!
  • #1,308
  • Feb 14, 2011 1:00pm Feb 14, 2011 1:00pm
Quoting Dredding82
Every rule was met! i took it but since it is this late in the day i grabbed 10 pips and got out!
Goodie.

I am still in, missed the right point to get out. Well, my time will come. ;-)
  • #1,309
  • Feb 14, 2011 1:06pm Feb 14, 2011 1:06pm
I am not too familiar with trading on bigger TF. (H4, D1...) Too "boring" for me. But since I am still stuck with a 9-5 (or 9-9 from time to time) I am thinking to have a look at bigger TF now.

Any tips or well-meant advices for someone who lacks patience every now and then? LOL.


Thanks. Great community, by the way.
  • #1,310
  • Feb 14, 2011 1:18pm Feb 14, 2011 1:18pm
hey first day trading the "dredding way" took 2 on demo, just wanted to know if they were by the rules. both gu, one at 1445 and one at 1700. both failed at m2, took profit on both at the pivot
  • #1,311
  • Edited 1:42pm Feb 14, 2011 1:27pm | Edited 1:42pm
Quoting tbjohnton
hey first day trading the "dredding way" took 2 on demo, just wanted to know if they were by the rules. both gu, one at 1445 and one at 1700. both failed at m2, took profit on both at the pivot
Post your pics....i use 2 different brokers both with different timezone....so post a pic and put a line where you took the trades.........If i cant see what you see then how the heck do i know what your really talking about? Ever been on the phone with tech support for sumthing? You tell them sumthing and they have no clue what your talking about or what the heck there talking about! lol Well i do know what im talking about but i think you get my point lol

I dont know what TF....what fibs settings .....etc...............that you have on your charts or what 1445/1700 is on your brokers platform

If your talking about these 2 trades....the first one i guess 1445 your time...Every rule was there but THE TREND! for the second one you pulled the trigger TOO EARLY! stoch was not crossed up and it was against the TREND!
YES!!!! i know you made profit on it, but what im trying to get people to understand is if you go with the trend you dont just get 20 pips....you GET HUNDREDS OF PIPS!! and its the same amount of work..You just have to sit there drinking coffee and wait.....wait some more.....wait.....oh this might be it......NOPES....waiting......waiting....4 hours later....DING DING DING!!!! WINNER WINNER...lol then you pull the trigger and your SL to your TP....most times is atleast 1:4 risk/reward if not bigger
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  • #1,312
  • Feb 14, 2011 1:51pm Feb 14, 2011 1:51pm
Quoting fxcc
I am not too familiar with trading on bigger TF. (H4, D1...) Too "boring" for me. But since I am still stuck with a 9-5 (or 9-9 from time to time) I am thinking to have a look at bigger TF now.

Any tips or well-meant advices for someone who lacks patience every now and then? LOL.


Thanks. Great community, by the way.
Trade the D1....you can trade like 15 pairs and it only takes 15 mins a day ..........then check on them every day at the close of the day...and see if a TP or SL was hit and look for new positions....Like i told everyone i make my bill money trading the higher TFs i only day trade cause thats my "fun money" and it makes me feel like i have a job...Trading gets boring and lonely when you dont have a boss And i hate waiting also... lol i have ADD or ADHD
  • #1,313
  • Feb 14, 2011 2:11pm Feb 14, 2011 2:11pm
Quoting Dredding82
Trade the D1....you can trade like 15 pairs and it only takes 15 mins a day ..........then check on them every day at the close of the day...and see if a TP or SL was hit and look for new positions....Like i told everyone i make my bill money trading the higher TFs i only day trade cause thats my "fun money" and it makes me feel like i have a job...Trading gets boring and lonely when you dont have a boss And i hate waiting also... lol i have ADD or ADHD

ADD/ADHD... Who would have thought of that?! :-D Thanks, I appreciate your input and will try to get something going on those higher TF.

As for trading gets boring and lonely: As soon as I make the switch to fulltime trading - why not open a trading group and start trading at some nice place, killing a few cocktails from time to time? Can't imagine that would effect my trading in any way... LOL!

Cheers!
  • #1,314
  • Feb 14, 2011 3:11pm Feb 14, 2011 3:11pm
Hey guys just started to learn this system and was just trying to make sure that my below chart is showing a good signal for an upcoming buy trade if that candle turns to green on close..?? Any help is greatly appreciated
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nollej is power..
  • #1,315
  • Feb 14, 2011 10:42pm Feb 14, 2011 10:42pm
Looks like the rules are met on H4 .i'm in at 0.7576

Will keep you posted...

  • #1,316
  • Feb 14, 2011 11:41pm Feb 14, 2011 11:41pm
Quoting Dredding82
To be a full memeber all you have to do is post like 5 times or something...SO POST POST POST! lol I have already said this like 18 times in the thread....
In that case I should be able to post this and Bob's your uncle :-)
Your Attitude Determines Your Altitude
  • #1,317
  • Edited 4:30am Feb 15, 2011 4:24am | Edited 4:30am
Hi Dredding 82,

Can you help to check whther i correct when using your system.

1H TF showing up trend when using ZIPZAP.

http://www.forexfactory.com/C<img da...sktopGU 1H.PNG
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Today's You was Your previously Thought.
  • #1,318
  • Edited 4:33am Feb 15, 2011 4:26am | Edited 4:33am
Hi Dredding 82,

After confirm the trend at 1H TF, we will check for 15M TF to make the trade.

Trade will be make after the price is higher than the zipzap and also the line cross at KD.



Is it correct?

Thank You
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Today's You was Your previously Thought.
  • #1,319
  • Feb 15, 2011 4:37am Feb 15, 2011 4:37am
hi Dredding82,

Is it the exit correct? or we exit when the KD's line cross over?

Thank You
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Today's You was Your previously Thought.
  • #1,320
  • Feb 15, 2011 4:48am Feb 15, 2011 4:48am
Quoting forexnutter
In that case I should be able to post this and Bob's your uncle :-)
"bob's your uncle"?
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