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Price Action Trading with Indicators! The Freebie System

  • #1,501
  • Mar 31, 2011 1:27am Mar 31, 2011 1:27am
Both EurUsd and UsdChf are both atleast 1:2 risk/reward as of now with profit locked in and some lots taken off the table just in case it goes back to break even....Just got to let the trades ride and enjoy the PROFITS!

Please fill free to USE THIS SYSTEM GUYS/GALS! I would love to have others that use my system posting pictures of trades...Winners & Losers....well once you demo it for a week or 2 and get a feel for it, Just so other can see how easy trading becomes with the right set of indicators.
  • #1,502
  • Mar 31, 2011 2:25am Mar 31, 2011 2:25am
I hope i wont get my ass kicked here

I see this as a signal for the long

failed at pivot ...ZZ semaphor white HA with stoch crossing up ..??

P
Attached Image (click to enlarge)
Click to Enlarge Name: s1.gif Size: 35 KB
  • #1,503
  • Mar 31, 2011 2:29am Mar 31, 2011 2:29am
Quoting Paulus
I hope i wont get my ass kicked here

I see this as a signal for the long

failed at pivot ...ZZ semaphor white HA with stoch crossing up ..??

P
Yes that was an enter into a long...If you were already in a long as i was, you could have added another position and moved your SL to the new low(ZZ Dot) to lock in profit or cut your risk.
  • #1,504
  • Edited 6:55am Mar 31, 2011 2:34am | Edited 6:55am
EurUsd and UsdChf are about to both hit there 1:4 Risk/Reward or very close to it(i think)....Thats a quick 128 pips or so for 4-6 hours of watching TV....Not bad in my book And that is not adding my other trades i have open either...

EurUsd= +64 pips
UsdChf= +64 pips

Total= +128 pips (or so)
  • #1,505
  • Mar 31, 2011 3:29am Mar 31, 2011 3:29am
Excuse me if I'm wrong but was there a sell signal about an hour before that?

Quoting Paulus
I hope i wont get my ass kicked here

I see this as a signal for the long

failed at pivot ...ZZ semaphor white HA with stoch crossing up ..??

P
  • #1,506
  • Mar 31, 2011 3:52am Mar 31, 2011 3:52am
Welcome back Dredding. I am happy you are back. Meanwhile GU

has given a short signal according to your system on 15 M TF 1.61313 and I forsee price getting down to 1.60667
  • #1,507
  • Mar 31, 2011 3:53am Mar 31, 2011 3:53am
Quoting Sorento
Welcome back Dredding. I am happy you are back. Meanwhile GU

has given a short signal according to your system on 15 M TF 1.61313 and I forsee price getting down to 1.60667

Is the TREND DOWN? NO! Not YET! So if you take it have fun but i will thank you already for the extra money in my pockets this week....lol

It might retrace down to 1.6130-1.6098 or so....but that is a retracement the current TREND IS UP! The TREND is Truely YOUR FRIEND!
  • #1,508
  • Mar 31, 2011 4:00am Mar 31, 2011 4:00am
Ok guys....My EurUsd has BLOWN out the ROOF! but its about out of steam! UsdChf is still looking good, might go another 30-60 pips for the bottom of the day....I hope this time people let me show how to trade my system, instead of all the BS questions that fill a thread and make it hard to learn.
  • #1,509
  • Edited 7:42am Mar 31, 2011 6:25am | Edited 7:42am
Just took this trade a few mins ago....All rules were met...

Enter: 1.0348
SL= 14 pips
TP= 14-54+ pips

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!
Attached Image (click to enlarge)
Click to Enlarge Name: aud.jpg Size: 121 KB
  • #1,510
  • Mar 31, 2011 6:40am Mar 31, 2011 6:40am
Welcome back Bro
  • #1,511
  • Mar 31, 2011 6:45am Mar 31, 2011 6:45am
Quoting barend15
Welcome back Bro

Thanks barend15...didnt go anywhere though lol. I have seen alot of MOFOS are using my system(or parts) and adding it to there own and saying they came up with the ideal even my HA subwindow/Stoch.....and using it with the ZZ indicator......blah blah blah! funny SH*T! I closed a thread for a short time and my stuff gets stole...WE IN THA GHETTO! Lets Keep this thread clean....
  • #1,512
  • Edited 8:05am Mar 31, 2011 7:03am | Edited 8:05am
Edit...
  • #1,513
  • Mar 31, 2011 7:36am Mar 31, 2011 7:36am
Quoting Dredding82
Thanks barend15...didnt go anywhere though lol. I have seen alot of MOFOS are using my system(or parts) and adding it to there own and saying they came up with the ideal even my HA subwindow/Stoch.....and using it with the ZZ indicator......blah blah blah! funny SH*T! I closed a thread for a short time and my stuff gets stole...WE IN THA GHETTO! Lets Keep this thread clean....
Yeah it reminds me of the old army song "There were Rats, rats as big as Mastercats.....
  • #1,514
  • Mar 31, 2011 7:37am Mar 31, 2011 7:37am
Took This a min ago...after the US report came out...All rules were already met & report was not so good for US...i have already made. enough to over any small loss i might make on it.

Enter: 1.6082
SL= 15 pips
TP= 15-45+ pips

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!
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 116 KB
  • #1,515
  • Mar 31, 2011 7:47am Mar 31, 2011 7:47am
Both AudUsd & GbpUsd....hit there SL for -29 pips together. Thats just part of the game...you have to lose some to win some..... with the 2 profits from eailer in London, im up around 99 pip......its all about proper Money Mangement and risk/reward ratios!
  • #1,516
  • Mar 31, 2011 7:55am Mar 31, 2011 7:55am
Quoting Sorento
Welcome back Dredding. I am happy you are back. Meanwhile GU

has given a short signal according to your system on 15 M TF 1.61313 and I forsee price getting down to 1.60667
Target hit and still counting. Not only was I able to detect the direction,I knew exactly the TP. Your system is the signal the rest are other things.
  • #1,517
  • Mar 31, 2011 7:58am Mar 31, 2011 7:58am
Quoting Sorento
Target hit and still counting. Not only was I able to detect the direction,I knew exactly the TP. Your system is the signal the rest are other things.
Thats GREAT! Dont hold it too long....Remember the TREND is UP...Well was looks like it could be changing before reports so it can be pushed higher with tomorrow NFP report.........
  • #1,518
  • Mar 31, 2011 8:04am Mar 31, 2011 8:04am
hi Dred!

hi bro its good to see you around again, i hope you r doing well!! have a good one and have a good one!

btw can you please send me your indis.... just kidding hehehe!!!
passion and discipline
  • #1,519
  • Mar 31, 2011 8:05am Mar 31, 2011 8:05am
Quoting rohule
hi Dred!

hi bro its good to see you around again, i hope you r doing well!! have a good one and have a good one!

btw can you please send me your indis.... just kidding hehehe!!!
Thanks rohule, hope all has been well with you also!
  • #1,520
  • Mar 31, 2011 8:09am Mar 31, 2011 8:09am
Quoting madmax3
Excuse me if I'm wrong but was there a sell signal about an hour before that?
No dont think so trend was up and the short would also need a refusal of a pivot point and there wasn't such


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