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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

Quoting Dredding82
For you asking about the short on UsdCad...Paulus would say" It has made a higher high but has NOT made a Lower Low followed by a Higher Low yet. So i would NOT have taken this trade" or something like that lol
disagree with you on this. as Pualus reply on # 2779: " Correct yes we need 3 semaphor to determine probable 5min trend which is a classic 123 formation " . and as you can see the chart it is. H, L, LH . so sure be short, right>?

and total agree with you about trade with trend. very easy to said. but very differcult to do. see Paulus give sample on # 1818.

I believe. one pictures is better than thousand words. that is why I try to post the chart. instead just said, I make short on this trade, and make that much pips. meanless for other to got idea why you put on this trade and what is entry looks like when you put it. do you think?

I do not want be a smartaxx, just try to learn from someone prove himself with charts and sound MM. like Paulus. but thank you , Dredding82 to share this idea, and Paulus make improve it, and I can understand and just try to copy what he does.

thanks again Paulus. ^_^
Quoting Dredding82
UsdCad..........TREND WAS UP....what did NFP do? SHOT THAT MOFO UP UP AND AWAY! lol gotta love NFP friday! They MAKE ME RICH! lol

Trend also went for UsdChf,UsdJpy and many more pairs....alot of pips can be made on a FRIDAY when we have some good reports to be released.
wrong, usd/cad, daily and weekly trend is down.

do not mad at me. just want show the point, what is trend ?

^_^
Quoting michaelwen
disagree with you on this. as Pualus reply on # 2779: " Correct yes we need 3 semaphor to determine probable 5min trend which is a classic 123 formation " . and as you can see the chart it is. H, L, LH . so sure be short, right>?

and total agree with you about trade with trend. very easy to said. but very differcult to do. see Paulus give sample on # 1818.

I believe. one pictures is better than thousand words. that is why I try to post the chart. instead just said, I make short on this trade, and make that much pips....

Dude....you had a HH..but the LAST LOW ZZ dot DID NOT break the Lower ZZ DOT... so there was not LL followed by a HL.....get it yet? its not just a up dot a low dot then a up dot to make a Sell order. I have POSTED god knows how many pics that have said THOUSANDS OF WORDS AND PIPS! And guess what MY PIC WERE LIVE TRADES not after the fact! The prob with most people is they do not read or listen to what they are told.
Quoting michaelwen
wrong, usd/cad, daily and weekly trend is down.

do not mad at me. just want show the point, what is trend ?

^_^
The only point you are showing is you do not understand the basics of TREND....Here are UsdCad pics a H1 plain chart zoomed out, a Freebie H1 and a H4 Freebie ....if you cant tell trend by these pics like my #1 post says "Keep your day job, TREND is not that hard"
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SO where is the TREND! UP! what did NFP do! MAKE IT GO UP! cause the TREND WAS UP!


Get it? Got it? GOOD! Your a newbie trader USING MY SYSTEM! Dont try and tell me how to trade my SYSTEM!
Heres the M5 charts with TREND AS UP! Come on dude...if you want to learn shut your mouth forget all the BS others have said or told you and LEARN!
Note the 200,100 & 50 MA on the first chart or how price goes from the BOTTOM LEFT to the TOP RIGHT........or the HA bars on the Freebie Chart.........
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Really good day today for me.

I was going post my charts but MT4 platform has frozen and i cant do anything with it.

My ISP tell me its them and are investigating.

Demo on laptop is fine so i suspect i need more RAM in the desktop.

Ill try and upload charts later

Off to garden now

ST
" Dont wait for your boat to come in ..... swim out and meet it"
Quoting speedtrip
Really good day today for me.

I was going post my charts but MT4 platform has frozen and i cant do anything with it.

My ISP tell me its them and are investigating.

Demo on laptop is fine so i suspect i need more RAM in the desktop.

Ill try and upload charts later

Off to garden now

ST
Kool beans Speedtrip! have a good weekend ! pick me some fresh veggies if you got them.lol
Quoting Dredding82
Heres the M5 charts with TREND AS UP! Come on dude...if you want to learn shut your mouth forget all the BS others have said or told you and LEARN!
Note the 200,100 & 50 MA on the first chart or how price goes from the BOTTOM LEFT to the TOP RIGHT........or the HA bars on the Freebie Chart.........
hi, dude. it is not cool to tell someone shut mouth. I was just try to polite and learn here.
Quoting michaelwen
hi, dude. it is not cool to tell someone shut mouth. I was just try to polite and learn here.
Ok...Zip your mouth! Close your trap! ...etc same thing. If you want to learn ask a question take the answer for what it is...THE ANSWER! if you dont understand the answer then ask the person to show a pic of what he/she means. Almost every post you made had the same question...comment on this, what do you think.....and all about the same thing...if you want to learn then you need to listen. When you have a VAILD 123 set up the ZZ dot MUST break the last high or low ZZ dot depending on which way the trend is going...thats it...its not just a high zz dot then a low followed by a higher low...unless the low broke the last low...then that would be a VAILD downtrend signal. But once you have a Lower Low Follow by a Higher High that breaks the last high zz dot you will be looking for longs at the next Low High...Want pics let me know ..but like i have told you in the PM just use the color of the H1 HA candle to tell trend...its fast and EASY! If RED Sell only...If GREEN Buy only.......
Quoting Dredding82
UsdCad..........TREND WAS UP....what did NFP do? SHOT THAT MOFO UP UP AND AWAY! lol gotta love NFP friday! They MAKE ME RICH! lol

Trend also went for UsdChf,UsdJpy and many more pairs....alot of pips can be made on a FRIDAY when we have some good reports to be released.
Thanks for sharing this Dredd. Really much appreciate it. Deepened again my understanding of the trend a LOT. I think that the trend is just a manifestation of a strength relationships between currencies in a particular currency pair at particular moment. How often have you seen exceptions from this during news? I mean if the NFP today would have been +250 k the forecast being 161 k. Do you think it would have turned the trend the other way around or would that have been just a news bounce in a trend?

Added: Interesting to see, what happens within next few days. Will there be trend turns and if there will be, on what currency pairs. Cable is weak, but how weak. Euro shows some strength. CAD seems to be weak. Yen?
Quoting Whistlepips
Thanks for sharing this Dredd. Really much appreciate it. Deepened again my understanding of the trend a LOT. I think that the trend is just a manifestation of a strength relationships between currencies in a particular currency pair at particular moment. How often have you seen exceptions from this during news? I mean if the NFP today would have been +250 k the forecast being 161 k. Do you think it would have turned the trend the other way around or would that have been just a news bounce in a trend?

Added: Interesting to see, what happens within...
There would have been more movement of course to the downside for a drawback but then the UsdCad would would have more then likely kept its current trend at the start of next week. But then it could only go back to this weeks high depending on TA of next week along with FA. This is why i say to be a GREAT trader you have to put TA & FA together. Over the weekend look back on your charts at NFP fridays what was the forecast, the release and what was the current trend at the time...Its simple and you will see why TA & FA is how PRO*Hint Hint* lol traders trade.
Quoting Dredding82
There would have been more movement of course to the downside for a drawback but then the UsdCad would would have more then likely kept its current trend at the start of next week. But then it could only go back to this weeks high depending on TA of next week along with FA. This is why i say to be a GREAT trader you have to put TA & FA together. Over the weekend look back on your charts at NFP fridays what was the forecast, the release and what was the current trend at the time...Its simple and you will see why TA & FA is how PRO*Hint Hint* lol...
Thanks. I know, what Ill be doing during weekend. lol
its surprising how effective this is when you're with the trend

it's also surprising how i catch myself against the trend often, i think theres some deep rooted longing to catch a monster reversal....stupid lol

so don't feel bad if you keep finding yourself against the trend, just take the extra minute to sift thru the higher TF's, do a little semaphor counting, and I re-read the first post of this thread 100x a day

oh and thxx dredding for the MM post, good read
Todays oil trade.

Taken off the 100.50 level (high of day) early in session. I locked in +20 and left rest to run with stop @ BE.

I was +50 up or something with TP+100 but decided to exit early as M2 level providing support so exited (possible reversal) Pivot had already given and again on retrace so there was a good chance it would fail again if it retraced that far up.

I took the pips rather than take that risk (lack of belief) and you can see what happened .... pivot failed again on retrace ... it hit S1 which should have got me there.

Did not consult oil after that.

ST
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" Dont wait for your boat to come in ..... swim out and meet it"
not strictly on the rules but pivot blocking up

Shorted under PP early in session set and forget as was pretty sure about this and actually forgot about it.

I came back at 1.30 to see NFP and saw +80 up but MT4 frozen and couldnt trade out. It hit TP+100

I usally look at a naked chart take my entries and then check the Dredd template to double check.
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" Dont wait for your boat to come in ..... swim out and meet it"
Quoting speedtrip
pivot blocking up
you can see the LHs followed by LLs re DT

Shorted under S2 early in session set and forget as was pretty sure about this and actually forgot about it.

I came back at 1.30 to see NFP and saw +80 up but MT4 frozen and couldnt trade out. It hit TP+100
Good trading man
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting speedtrip
Just playing with weekly pivots on H1 charts, interesting stuff, and midpoints look useful too.

On the last chart £/CHF hopefully you can see price being rejected by M3 twice as indicated and LLs being formed.

I now need to think about stops, targets, candle sizes, and MM.


Cheers to Whistlepips and Dredd for their input

ST
Does anyone know what indicators and MA he is using here?

The indicators seem different than the ones in the first post of this thread.

Sorry completely new to this thread, don't mean to sound like an asshole.
Attached Images
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Nobody knows then? ;[

I know those are some sort of Heiken Ashi candles, they're different than the Original Post in this thread.

I am not sure what is the indicator on the bottom.

And I'm interested in what Moving Average he is using, help!
May I suggest to check post No. 2063

Quoting apt
Nobody knows then? ;[

I know those are some sort of Heiken Ashi candles, they're different than the Original Post in this thread.

I am not sure what is the indicator on the bottom.

And I'm interested in what Moving Average he is using, help!
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