Price Action Trading with Indicators! The Freebie System

Hi Jeff,

I think the red and blue dots you are refering to are called Support and Resistance indicator. It works like the the fractal indicator on the MT4 platform.

No...

hi dude thanks for the heads up..really appreciate the help..it clears up my template...

however i found the original template on another forum as advised by Dredding82... i know you weren't giving it out and made people think..thats real good!!! thanks to all..not sure if someone has a technique..and they are giving it away for FREE..with instructions!! that people doubt it without trying it out? anyways...gonna give this thing a go...

can someone post the rules on when to buy and sell?

100+ pips!!

This is my tpl and indicators I have added some more s/r wich seem to work well with this strategy.

Thanks for a great strategy and thread.

rest

Hi, I'm junior member,but I am with FF for about 2 ys and I was shocked with this thread.Guys did you see the poll results?It's like bombing Hiroshima,and thats the thing why I reading this thread.Its astonishing,fantastic!
I use similar system,but no stoch,no HA,I have CCI and adx,and i make money with them.Dredding well done!I will pm you when I'll have 10 posts,till that time i'll tryin to "copy" your indies and use them.

What did you do the test zone for the pivot is the best? I work on FxPr which the server runs on +2 GMT. From my observation is that the best performance for all the EU is set to pivot-7GMT. Someone who studied the time zone setting is best for the pivot?

Please forgive me for my english

I have only closed the thread due to the number of newbies asking the same questions over and over again.........also the fact the Mods of this site have moved my system to "Trading Journal".....If anyone likes my system please email the Mods and have them place my thread the "trading systems" and i will come back and just might give out my trend indicator i have finished now as you can see from the pic below....Sorry guys miss being a smarta*s to everyone while trying to help you become better traders but nothing i can do when the Mods will not reply to my email....

Very Easy System!! & SUPER Profitable!! If Traded Properly!!!

GREEN LINES ARE Buys....RED LINES ARE Sells in the pictures attached below!

Had another thread for this system but the MODS seemed not to like how many views it got in under a month or how many good votes it got on the poll so they moved it to NO MANS LAND...lol. YES THIS IS PRICE ACTION TRADING! HA Candles WILL CONFIRM ANY ....I REPEAT!!! ANY PRICE ACTION SETUP! If you have something to say about repainting indicators....READ MY OTHER THREAD! All ready went over all that BS with other people that DO NOT trade for a living and they do not know HOW TO USE a indicator properly! WE ARE NOT USING THE ZZ indicator or ZigZag indicator to ENTER THE TRADE!!

If you want to call me out on something/be rude or think i am wrong about something....LETS TAKE IT OUTSIDE THE THREAD,LIKE MEN!!(PM me)....Im sure i can PROVE to you how your wrong and im right!! I am here to HELP people not ARGUE WITH IMMATURE NEWBIES that dont know anything!! or IMMATURE OLD TRADERS that are stuck in there OLD WAYS!(Cant Teach an OLD DOG NEW TRICKS!) lol


Here is the LINK to the 1st Freebie System Thread: ~~~http://www.forexfactory.com/showthread.php?t=276813 (http://www.forexfactory.com/showthread.php?t=276813)
I must warn you people there trashed it with alot of the same questions so its full of BS questions that have been answered like 100 times over and over again!
BUT LOOK AT THE POLL!!~~~~ http://www.forexfactory.com/poll.php?do=showresults&pollid=828

DO NOT post on this thread with questions about OTHER indicators ...THEY ARE NOT NEEDED! DO NOT ask me if i trade this or if it is profitable! ...look at the other thread i started....ALL ANSWERS are there....DO NOT post asking for the indicators..DO NOT post asking others for indicators, PM THEM!!.IF you DO NOT know what is on my charts PM me...these indicators ARE FREE and CAN ALL be SEARCHED AND found on this forum or any other forum about investing! KEEP THIS THREAD CLEAN OF BS QUESTIONS!!!! PLEASE!!

**What is a BS question you ask? ANY QUESTION THAT HAS ALREADY BEEN ANSWERED MORE THEN ONE(1) TIME!**

INDICATORS
1) Stoch (10,3,3,...Simple, Close/Close) or pick your own!
2) Heiken Ashi (HA CANDLES!!)
3) ZZ Semafor
4) ZigZag
5) Pivot & Mid Pivot Points
6) Daily Range Calculator

There are only 4 SIMPLE RULES!

(DONT Trade with EMOTIONS!!) If your SCARED TO LOSE MONEY....YOUR TOO SCARED TO MAKE MONEY!!

RULES:

SELL
Trade With The Trend
1) Failed At Pivot
2) ZZ Semafor On TOP(Within A Few Candles 1-4)
3) Stoch Crossed DOWN
4) HA Candle Closed RED
SL= Last High(ZZ Semafor Dot)
TP= 1:1-1:4(risk/reward) or Use Other Pivots
DONT BE GREEDY!

BUY
Trade With The Trend
1) Failed At Pivot
2) ZZ Semafor On BOTTOM(Within A Few Candles 1-4)
3) Stoch Crossed UP
4) HA Candle Closed GREEN
SL= Last Low(ZZ Semafor Dot)
TP= 1:1-1:4(risk/reward) or Use Other Pivots
DONT BE GREEDY!

Money Management/Break Even/Lot Size...etc......is up to YOU! The Freebie System will get you in the trades you just have to manage them properly!!
I will add the MM/BE/TSL and other parts of how i trade my system as this thread picks up.

** If you DO NOT KNOW what a "FAIL AT PIVOT" means... GOOGLE it or look it up here on FF...or better yet.......JUST DONT USE IT...my system WILL STILL WORK WITHOUT IT!**

It can be used on any TF....that is up to you and what you like to trade! The higher the TF the more pips....just as any other system! I use it on the M15 for Day Trading myself and i also use it on the H1-D1 for longer TERM TRADES! You Will Have Losing Trades....Nothing is 100%

Trend= More Pips
Counter Trend= Less Pips

For which way to trade, buy or sell......GO WITH A HIGHER TF TREND! HUH? WHAT? I dont understand?..........Trend is up to you, look for higher highs or lower lows....TOO HARD? Then use a Moving Average....If you cant find the TREND...stick with your day job cause trend is not that hard...

Any questions look at my other thread for this system....I KNOW THE ANSWERS ARE IN IT! LOL....

Attached is a BASIC TEMPLATE! YOU MUST ADD your OWN PIVOTS & Trend INDICATOR!

********************************* Please Take The Poll On This Thread Or The First "Freebie" Thread & Please RATE MY THREAD!***************************

Can you please supply the indicators that you have on your template please?Thanks

can you read !!!!!

Ignore list!!!

Welcome back!!!

Hey Dredding,

You might want to add the pivot indicator to your list of indicators in your first post. Looks like you left it off the indicator list.

Thanks Checkz!

Been trying to get the Mods to move my thread back but i havent even gotten an email reply back even had others that said they email them for me but they have not gotten anything back either....Ive been here though! well in between making all the pips the haters are losing! lol

This should be fun!

That it should be if people will keep my thread clean of all the BS posts with questions that have already been answered lol

For everyone that doesnt know me...I love to "Cherry Pick" live trades...from what others have tried to say on the last thread... lol
Took this just alittle while ago...in profit so far, going to give it a little bigger SL since my TP is so far away and i feel its in a down trend and should go to TP. All rules were met for the short.

Enter: 0.9191
SL=7 pips(16 with added) TP=16-64+ pips

SELL
1) Failed At Pivot
2) ZZ Semafor On TOP(Within A Few Candles)
3) Stoch Crossed DOWN
4) HA Candle Closed RED
SL= Last High(ZZ Semafor Dot)
TP= 1:1-1:4(risk/reward) or use other pivots
DONT BE GREEDY!

Heres another good trade setup using the Freebie System i took alittle bit ago also! But of course its cherry picked also right? All the rules for a Buy were met! It did not have a bounce off a pivot it closed above it...soo since i dont trade with EMOTIONS! and im NOT SCARED to lose...im in a few pips of profit right now.

Enter: 1.4131
SL=16 pips TP=16-64+ pips

BUY
1) Failed At Pivot
2) ZZ Semafor On BOTTOM(Within A Few Candles)
3) Stoch Crossed UP
4) HA Candle Closed GREEN
SL= Last Low(ZZ Semafor Dot)
TP= 1:1-1:4(risk/reward) or use other pivots
DONT BE GREEDY!