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Price Action Trading with Indicators! The Freebie System

  • #1,601
  • Edited 8:29am Apr 6, 2011 7:42am | Edited 8:29am
1:1 was hit....so closed 1/2 my lots....and letting the rest RUN! i hope it runs aways and never comes BACK!...like my girlfriend! lol


**EDIT: Right after posting it hit 1:2 (32 pips) then 8 pips shy of 1:3 risk/reward(48 pips)....**
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  • #1,602
  • Apr 6, 2011 7:45am Apr 6, 2011 7:45am
Buying Usd/Chf on the 15 minute chart.
  • #1,603
  • Apr 6, 2011 9:54am Apr 6, 2011 9:54am
Quoting Checkz
Buying Usd/Chf on the 15 minute chart.
My charts daily and 15M shows down trend, will recommend you wait for a rally upwards and then check for a sell trigger. But that's just what I think. Good luck.
  • #1,604
  • Edited 10:21am Apr 6, 2011 10:01am | Edited 10:21am
Buy taken from 1.6275 stop to B/E

Nice simple system by the way I just love HA.

D

SL - 21 pips @ 1.6254 just under the swing low.

TP - previous high of 1.6364 - R2 a bit ambitious but hey. RR would be approx 4:1.
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  • #1,605
  • Apr 6, 2011 10:36am Apr 6, 2011 10:36am
Quoting neil324
What time zone are you Paulas

My indicator has R3 where your showing R2. On GU.
Hi

Im in the UK ..my indicator is set so that new pivot lines start at midnight through to next midnight

cheers

P
  • #1,606
  • Apr 6, 2011 10:46am Apr 6, 2011 10:46am
took a loss of 19pips on EU short all criteria met but Im ignoring trend rule for now

5 % risked

short on GU this morning

TP is Daily PP at 102 pips
SL is 36 pips

RR = 2.8 :1

5 % risked

Just short on GJ 139.09

TP 175 pips daily PP
SL 41pips

RR 4.2:1

5% risked

P
  • #1,607
  • Edited 1:53pm Apr 6, 2011 1:23pm | Edited 1:53pm
love this thread. still learning all the details as I'm fairly new to trading.

try to read the thread at least once a day, seem to pickup something i didn't notice before each time

i'm using the zz_semafor as well as FSA to place trades, this seems to satisfy rules #1,3,4 but not the pivot rule

im still trying to figure out how to use the FibPivots correctly... when I load the indicator it doesn't seem to show properly, I'm thinking it has to do with the MyPeriod input? (Chart is M15) Or is this the way its supposed to be spaced out?


(sorry can't PM yet)
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  • #1,608
  • Apr 6, 2011 2:07pm Apr 6, 2011 2:07pm
Quoting neuron
love this thread. still learning all the details as I'm fairly new to trading.

try to read the thread at least once a day, seem to pickup something i didn't notice before each time

i'm using the zz_semafor as well as FSA to place trades, this seems to satisfy rules #1,3,4 but not the pivot rule

im still trying to figure out how to use the FibPivots correctly... when I load the indicator it doesn't seem to show properly, I'm thinking it has to do with the MyPeriod input? (Chart is M15) Or is this the way its supposed to be spaced out?


(sorry...
The #OHLC-HA is not done yet so stick with the regular HA candles for now.....for your pivots turn midpivots to TRUE and change your Myperiod to 1440 for the daily pivots M15-H1...use 10080 for H4-D1 and so on...
  • #1,609
  • Apr 6, 2011 2:29pm Apr 6, 2011 2:29pm
I use this HA ind it shows as red white bars in tape form

P
Attached File(s)
File Type: mq4 %23Heiken%20Ashi_SW.mq4   4 KB | 515 downloads
  • #1,610
  • Apr 6, 2011 2:34pm Apr 6, 2011 2:34pm
Quoting Dredding82
..for your pivots turn midpivots to TRUE and change your Myperiod to 1440 for the daily pivots M15-H1...use 10080 for H4-D1 and so on...
ive searched the attachments and cannot find the fib pivot you are talking about could you post it please

Cheers
P
  • #1,611
  • Apr 6, 2011 3:07pm Apr 6, 2011 3:07pm
Quoting Paulus
I use this HA ind it shows as red white bars in tape form

P
The indicator you use is just the standard HA candle indicator layed over regular candles...read the threads i started trying to get help with the indicator and you can see what im trying to do.
  • #1,612
  • Apr 6, 2011 4:13pm Apr 6, 2011 4:13pm
Quoting bluexpec
My charts daily and 15M shows down trend, will recommend you wait for a rally upwards and then check for a sell trigger. But that's just what I think. Good luck.
I closed the trade with a 20 pip profit
  • #1,613
  • Edited 6:31pm Apr 6, 2011 6:11pm | Edited 6:31pm
Entered a sell signal on the 15 minute Aud/Chf. Waiting to see if it was a good entry or not. Placed a buy entry above the #3 semafor just in case the news affects. tp is whatever I can get.
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  • #1,614
  • Apr 6, 2011 6:35pm Apr 6, 2011 6:35pm
i just take a demo trade eurjpy 15M long, we ll see !
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Respect and Honor !
  • #1,615
  • Apr 6, 2011 6:49pm Apr 6, 2011 6:49pm
Quoting Klaxon
i just take a demo trade eurjpy 15M long, we ll see !

trade was closed at 1.6 pip of profit because of my ts of 10 !
Respect and Honor !
  • #1,616
  • Apr 6, 2011 7:01pm Apr 6, 2011 7:01pm
letsee if im doing things right here...

short USDCAD. sl: .96178 (based off M15)

semafor "2" failed at pivot

Freebie signal alert (indicating HA and Stoich are OK)
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  • #1,617
  • Apr 6, 2011 8:38pm Apr 6, 2011 8:38pm
Loss 20 pips on trade
  • #1,618
  • Apr 6, 2011 8:59pm Apr 6, 2011 8:59pm
the aud news release seem to really shake things up

USDCAD is not going my way... still holdin on tho
  • #1,619
  • Apr 6, 2011 9:30pm Apr 6, 2011 9:30pm
Thanks Dredding for this system. Still trying out your system and the results are positive. 7wins 3 lost so far after blowing my live account last month.

*pardon my poor english
  • #1,620
  • Apr 6, 2011 11:01pm Apr 6, 2011 11:01pm
Quoting neuron
the aud news release seem to really shake things up

USDCAD is not going my way... still holdin on tho
stopped out

back to looking for entries....
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