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Freebie 1 min trading method 1,211 replies

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Attachments: Price Action Trading with Indicators! The Freebie System
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Price Action Trading with Indicators! The Freebie System

Ok... so for kicks last night I decided to try this method out on a 5 minute chart while I was at work to see what would happen. I decided to try it without using the fibs as Dredding had said it would work without it. Now, I like the fibs, but on a five minute chart, I don't think I'd mess with them.

In any case, in a span of about two hours, I made three trades for a total of 77 pips on the EUR/USD and experienced no drawdown:

1st trade - sell: 11 pips
2nd trade - buy: 30 pips
3rd trade - sell: 30 pips

After this, I stopped because I didn't feel like looking at the screen anymore. Heck, 77 pips is a nice profit for two hours work anyways.
Hi, I tried to pm dredding but junior members cannot pm other users. So I was wondering if anyone have the indicators and templates they can send me or post or could post links I can download the templates and indicators from. Thanx in advance and apologies if I violated some forum rules or somethin. Have a good weekend.
Quoting Gustaf1101
Hi, I tried to pm dredding but junior members cannot pm other users. So I was wondering if anyone have the indicators and templates they can send me or post or could post links I can download the templates and indicators from. Thanx in advance and apologies if I violated some forum rules or somethin. Have a good weekend.
Not sure if this has been said but if you click on the paper clip all the indicators charts and templates that have been posted are there

p
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problems posting i give up

ST
" Dont wait for your boat to come in ..... swim out and meet it"
I was on the original thread and took my eye off it whent Dredd took a break, hence I have been using the original template and had not need to change it.

Thanks for agreeing to my checklist idea and reminding the whole subbed list where to find the appropriate content.

I was experimenting with the new template and i do need some time to get it right. However, to be honest I am quite happy trading PA off the FIB Pivots and the older template

As I say it depends what floats your boat and if the templates are working then they are doing their job and Dredd should be commended for that.

As regards Price Action this comprises;

Support and Resistance (reflecting Supply and Demand
Trendlines (up or down)

Price Action in its purest form is the observation and interpretation of price on a naked chart. However, this can take a long time to master so this is why we have indicators.

I trade a clean chart with an SMA on 3 t/fs but have added Dredds indys onto selected charts while I study his method which I have targetted for the longer t/f stuff.

Have a good w/e

ST
" Dont wait for your boat to come in ..... swim out and meet it"
ST thanks for your interpretation of PA however I feel that your composition of the elements are missing one vitally important ingredient, some would say the most vital ingredient, candles.

So, are you actually trading a live account ST, if so how long have you been trading live for?

thanx Paulus for the hint. and apologies to everyone for the ignorant noob question. wish all the good people here many many prosperous trades. peace!
Hi Paulus...great results. Any chance of posting the Camarilla Indy that you are using. Have done a FF/Google search...there are loads of them.

Thanks,

Freddi

Quoting Paulus
GU closed for 5%
UC closed for 5%
EU closed for 4%

day total + 31%

P
Quoting freddi
Hi Paulus...great results. Any chance of posting the Camarilla Indy that you are using. Have done a FF/Google search...there are loads of them.

Thanks,

Freddi
I use this
Attached File(s)
File Type: zip indicators.zip   25 KB | 860 downloads
Quoting freddi
Hi Paulus...great results. Any chance of posting the Camarilla Indy that you are using. Have done a FF/Google search...there are loads of them.

Thanks,

Freddi
Ok will post here

Hope Dred dont mind but ji have my email and pvt off as get alot coming through that I cant deal with

the Camerilla has loads in it

I will list what I have selected for my charts

Alerts - false
GMT shift sun 0
GMT shift 1 ( depends on your broker time)
Pivot true
Cam TP true
List Cam TP false
PV colour yellow
Pips dist 20
Fibs false
Display fib level 123 false
Display fib level 456 false
Display fib level 7-16 false
Standard pvts true
List pivots true
Mid pvts false

Cheers

P
Attached File(s)
File Type: mq4 camarilladt.mq4   47 KB | 572 downloads
Thanks Paulus...will give it a go.

Freddi

Quoting Paulus
Ok will post here

Hope Dred dont mind but ji have my email and pvt off as get alot coming through that I cant deal with

the Camerilla has loads in it

I will list what I have selected for my charts

Alerts - false
GMT shift sun 0
GMT shift 1 ( depends on your broker time)
Pivot true
Cam TP true
List Cam TP false
PV colour yellow
Pips dist 20
Fibs false
Display fib level 123 false
Display fib level 456 false
Display fib level 7-16 false
Standard pvts true
List pivots true
Mid pvts false

Cheers

P
Thanks Kendrel38.

Freddi

Quoting krendel38
I use this
Im new to this thread and thought I would give it a try. This looked like a valid entry?
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Quoting brettM
Im new to this thread and thought I would give it a try. This looked like a valid entry?
looks like you may be trading against the trend...check higher TF. otherwise looks like other rules are met, you may be able to squeeze a few pips outta it but may not wanna hold for too long

but im also pretty new at this...
Im taking a 15 minute short on the Usd/Jpy. Wish me luck
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Quoting brettM
Im new to this thread and thought I would give it a try. This looked like a valid entry?
I'd agree with Neuron that it looks counter trend so would be invalid, if trading on M15 ensure that you check H1 prior to entry to confirm that you are trading WITH the trend
early update

normally I post near the end of the day but as we have had action .......

EU

short from 1.4325
GU +4%
GJ no trades
UC no trades

Cheers

P
Quoting Paulus
early update



EU short from 1.4325
GU +4%
GJ no trades
UC no trades

Cheers

P
GU short 1.6262
UC short 0.9610
Apologies for posting this after the event but this was a sell limit order that I placed about an hour ago and I thought it would be a good example to show

I have quite a lot of pairs open, as you can see from my workspace, so when my alerts sound I've sometimes missed a good entry by the time I check out the relevant pair, that was the case here, I'd missed GU as it had moved south by about 8 pips so I placed a pending sell limit order at the bottom of the previous candle BODY at 1.62758, my stop was 1.63 and my target was 1.62504 which it hit on the next candle for 25.4 pips profit and a greeeeeeeat start to the week

The other trade that you can see in my terminal was a non valid one as it was taken out of hours, however as I'm still on demo I took the trade when I was bored on Friday evening, it still went on to make 37 pips though
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Apologies, double post
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