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Price Action Trading with Indicators! The Freebie System

  • #2,081
  • May 1, 2011 11:49pm May 1, 2011 11:49pm
Quoting nick2112
Hi everyone,

may I ask what settings are being used for the semafor?

Many thanks.

Nick
I think these are right
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We are all One. Be present. Be the Observer
  • #2,082
  • May 2, 2011 12:13am May 2, 2011 12:13am
thanks Iamfx.

Cheers.

Nick
  • #2,083
  • May 2, 2011 3:39am May 2, 2011 3:39am
Long GU

SL 1.66790
TP 1.67100
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  • #2,084
  • May 2, 2011 3:41am May 2, 2011 3:41am
Quoting balrog
Hi Paulus,

Just an observation. The pivots in this eurusd chart are not the same as the one you posted on Friday for the eurusd where you had one 11% winner after 2pm GMT. I think you demonstrated that results can and will vary depending on what pivots are used and that all charts may look different so trying to match to one particular persons chart just isn't going to work.

Also your top semaphore 3 & 2 indicators are switched on the charts??? I noticed on my chart for Friday those two semaphores were swapped compared to yours so I supposed it...
Yes my Cam lines had updated them selves from 1 day to the next

the post was to prove that any lines will work .. Fib... Cam ..pivots etc

P
  • #2,085
  • May 2, 2011 3:41am May 2, 2011 3:41am
Quoting chaveznqoos
Hi Paulus;


Why not get into this short? Is not it a good setup?

LH, failed at Pivot and Red HA

Thanks.
that is a valid signal I missed...sorry

P
  • #2,086
  • May 2, 2011 3:42am May 2, 2011 3:42am
Quoting neil324
Long GU

SL 1.66790
TP 1.67100
Yeah I'm on that one too but cam lines has my tp at 1.6729 sl a couple under yours
We are all One. Be present. Be the Observer
  • #2,087
  • May 2, 2011 3:52am May 2, 2011 3:52am
Quoting Iamfx
Yeah I'm on that one too but cam lines has my tp at 1.6729 sl a couple under yours
Hit sl
We are all One. Be present. Be the Observer
  • #2,088
  • May 2, 2011 4:03am May 2, 2011 4:03am
Quoting Iamfx
Hit sl
Was on that one too.. Never mind, onto the next one. It is a bank holiday in the UK today so it may be a bit slow until US comes online.
  • #2,089
  • May 2, 2011 4:39am May 2, 2011 4:39am
Quoting balrog
Was on that one too.. Never mind, onto the next one. It is a bank holiday in the UK today so it may be a bit slow until US comes online.

Me also

But dont forget cam lines or any pivot are calculated on yesterdays data

We had a largish swing yest so lines will be widespread today

the GU trade went to approx+10%

And from entry pivot to next pivot up ie TP was almost a +40% trade

Thats a huge move to be hit on a bank holiday

P
  • #2,090
  • May 2, 2011 4:41am May 2, 2011 4:41am
Did you get the EU trade for +12.5% ?

P
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  • #2,091
  • May 2, 2011 4:42am May 2, 2011 4:42am
Im also long AU
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  • #2,092
  • May 2, 2011 4:53am May 2, 2011 4:53am
Quoting Paulus
Me also

But dont forget cam lines or any pivot are calculated on yesterdays data

We had a largish swing yest so lines will be widespread today

the GU trade went to approx+10%

And from entry pivot to next pivot up ie TP was almost a +40% trade

Thats a huge move to be hit on a bank holiday

P
That's a fair point. Greed can be a killer. I made 4% on the EU (risking only 2%) but no other trades at the moment. AU trade didn't materialise for me as pivots were not in agreement for a trade.
  • #2,093
  • May 2, 2011 6:22am May 2, 2011 6:22am
Quoting Paulus
that is a valid signal I missed...sorry

P
No worries, Paulus;
a ROC of the 13% in one day ,for me would be a wonderful dream!!!!
Thanks
  • #2,094
  • Edited 7:44am May 2, 2011 6:49am | Edited 7:44am
Short on eu to 1.4828... lets see what happens

Hit TP. Roughly 3% up on that trade
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  • #2,095
  • May 2, 2011 7:54am May 2, 2011 7:54am
I seem to run into a lot of these, never took it this time, but it was set up nice. There was a brown semafor on the pivot line, which got repainted by the 3 when the market turned down.
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  • #2,096
  • May 2, 2011 8:02am May 2, 2011 8:02am
Quoting neil324
I seem to run into a lot of these, never took it this time, but it was set up nice. There was a brown semafor on the pivot line, which got repainted by the 3 when the market turned down.
Neil, I was looking at that one too but it was during my trade with the eu. Only reason I didn't take it was that the eu trade was bouncing against a nice trendline down since the high of Friday and it scared me a little on the gu. Other than that I would have taken it and lost. I wonder if paulus was in on that one?

Balrog.
  • #2,097
  • May 2, 2011 8:05am May 2, 2011 8:05am
E u buy
tp next resistance level
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No man is free who is not a master of himself. -P.M.-
  • #2,098
  • Edited 9:08am May 2, 2011 8:41am | Edited 9:08am
Quoting neil324
I seem to run into a lot of these, never took it this time, but it was set up nice. There was a brown semafor on the pivot line, which got repainted by the 3 when the market turned down.
GU now got a nice brown semafor on the pivot for a sell now. It also seems to have broken thru an uptrend of today so I'm in.. Let's see if it holds and heads south!!

Hit SL.. that's 2 failed trades on the GU today, although I had two positive ones on the eu so still up for the day ~2%

Might call it a day and demo trade for the rest. Will wait and see how Paulus did on eu and gu today..
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  • #2,099
  • May 2, 2011 8:42am May 2, 2011 8:42am
closed trade at plus 1 since I realized that the one hour is building lower highs and realized a few other things irrelevant to this thread...but should be looking for shorts...also seems to be a down trend line on the 1 hour or at least from my point of view...
No man is free who is not a master of himself. -P.M.-
  • #2,100
  • May 2, 2011 9:03am May 2, 2011 9:03am
Quoting balrog
GU now got a nice brown semafor on the pivot for a sell now. It also seems to have broken thru an uptrend of today so I'm in.. Let's see if it holds and heads south!!
My pivot is just above yours, so decided it never failed at pivot. What was your target on that trade MS1 or S1.
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