Price Action Trading with Indicators! The Freebie System | Page 149 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Freebie 1 min trading method 1,227 replies

Naked Trading Using Price Action (No Indicators) 32 replies

Pure Price Action Trading - NO lines or indicators 49 replies

Help adding a filter to the Freebie Indicator 3 replies

EUR/USD Trading Price Action System 2 replies

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

Price Action Trading with Indicators! The Freebie System

  • #2,961
  • Jun 19, 2011 6:10pm Jun 19, 2011 6:10pm
Anyone else here (besides Neuron) also live in the Pacific or Mountain time zones US and what times of day, and TFs do you trade?
  • #2,962
  • Jun 19, 2011 8:19pm Jun 19, 2011 8:19pm
Here are 2 live trades...against the trend of the higher TF but a good scalp to make a few pips. If you use proper MM like i keep saying you can trade against the trend but dont look for a HUGE pip count on trades like these. But if you look at the ZZ dots you will see both were making a LL which means i should "TRY" for shorts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euro.jpg Size: 123 KB
Click to Enlarge Name: gbp.jpg Size: 126 KB
  • #2,963
  • Jun 20, 2011 12:35am Jun 20, 2011 12:35am
Quoting AndreyBecker
here is the simulator and how you install and use it
That was very generous of you to take the time to do all those screen captures and annotate them.

The willingness to share and help other members is a big for this group. And of course Dredding is our shining example to follow.

DrDave
To free Gazans of Hamas, use whatever it takes.
  • #2,964
  • Jun 20, 2011 1:13am Jun 20, 2011 1:13am
Quoting DrDave
That was very generous of you to take the time to do all those screen captures and annotate them.

The willingness to share and help other members is a big for this group. And of course Dredding is our shining example to follow.

DrDave
do you mean the install guide? it isnīt my. i have found it here on this forum on another thread

cheers
  • #2,965
  • Jun 20, 2011 1:34am Jun 20, 2011 1:34am
Quoting balrog
Hi Paulus,

Any chance you could post a chart pointing out the GU trade you would have taken on Friday?

Balrog.
Hi balrog

Just read your post and the C lines have now updated..if I get time later I can run the day through the simulator again and take a screen shot...sory

Paulus
  • #2,966
  • Jun 20, 2011 2:16am Jun 20, 2011 2:16am
Quoting Paulus
Hi balrog

Just read your post and the C lines have now updated..if I get time later I can run the day through the simulator again and take a screen shot...sory

Paulus
No probs... just interested.

Balrog.
  • #2,967
  • Jun 20, 2011 2:21am Jun 20, 2011 2:21am
Quoting Dredding82
Here are 2 live trades...against the trend of the higher TF but a good scalp to make a few pips. If you use proper MM like i keep saying you can trade against the trend but dont look for a HUGE pip count on trades like these. But if you look at the ZZ dots you will see both were making a LL which means i should "TRY" for shorts
They worked out well Dredding
  • #2,968
  • Jun 20, 2011 2:44am Jun 20, 2011 2:44am
Quoting Dredding82
Here are 2 live trades...against the trend of the higher TF but a good scalp to make a few pips. If you use proper MM like i keep saying you can trade against the trend but dont look for a HUGE pip count on trades like these. But if you look at the ZZ dots you will see both were making a LL which means i should "TRY" for shorts
It's great to see you're posting charts again, as yours are usually live trades it always somehow hits home the potential of this method, thanks Dredd
  • #2,969
  • Jun 20, 2011 3:46am Jun 20, 2011 3:46am
Well like i said both were cherry picked since i did it as the market was live like always.........and guess what? they both hit TP..so what was my Risk:Rweard do you say? well its on the charts once again lol, since i do not get into my MM yet or how to fully use this sytem as a true full system yet.......just remember it was against the higher TFs trend and i still hit TP since i was NOT GREEDY! lol
  • #2,970
  • Jun 20, 2011 3:56am Jun 20, 2011 3:56am
Quoting stochman
It's great to see you're posting charts again, as yours are usually live trades it always somehow hits home the potential of this method, thanks Dredd
Well i hope so...since i take my cherry picking time to pick them! lol. I wish everyone would really stop thinking all the crap they read and get on the charts, learn them,read them....it would make trading so much more simple till they have the understanding of how to mix a simple system to MAX(daily range) the PROFITS........
  • #2,971
  • Jun 20, 2011 3:58am Jun 20, 2011 3:58am
Quoting balrog
They worked out well Dredding
Hope you caught them as well...its was YES against the TREND but thats just to show if GREED is not in your TRADING PLAN you can still make PIPS....lol
  • #2,972
  • Jun 20, 2011 5:17am Jun 20, 2011 5:17am
Hi Dredding and Folks

Can Dredding or someone else please send me Dredding pivots indicators.

Thanks.

My email: [email protected]
  • #2,973
  • Jun 20, 2011 6:23am Jun 20, 2011 6:23am
Quoting Dredding82
Im starting to think an EA for this system will never be made since most that have said they will help either just take the EA i have started and never reply back to my emails or after a few days of trying to code it to make it profitable they give up. Im happy trading it by hand, but due to the use of a "repainting indicator" people can not truely backtest it and feel the system is crap before they even understand how and why it works.
No mate I am working on it but a combination of Ill health and (finally) some paid work is interrupting my attack at this. I will also admit to some ennui, but I hope to progress my work this week. I am about 50% as I have started from scratch. However, 1 or two good days without distractions should see a beta release, which I will email you.
  • #2,974
  • Jun 20, 2011 7:02am Jun 20, 2011 7:02am
Quoting Dredding82
Hope you caught them as well...its was YES against the TREND but thats just to show if GREED is not in your TRADING PLAN you can still make PIPS....lol
Unfortunately not.. I'm a GMT man and the Asia session just doesn't do it for me. Looking forward to hearing about your MM and how use this sytem as a true full system.

Balrog.
  • #2,975
  • Jun 20, 2011 10:47am Jun 20, 2011 10:47am
Quick update

GU +5%+5%
UC +5%
EU +5%
AU -5% ..semaphore now gone

ROC +15%

P
Attached Image(s) (click to enlarge)
Click to Enlarge Name: d1.gif Size: 29 KB
Click to Enlarge Name: d2.gif Size: 30 KB
Click to Enlarge Name: d3.gif Size: 28 KB
Click to Enlarge Name: d4.gif Size: 27 KB
  • #2,976
  • Jun 20, 2011 10:54am Jun 20, 2011 10:54am
Hi everyone!

I just read about 30 pages (from the first) and I know that I have to PM to you Dredd for the indicators, but I'm just Junior Member, because of reading and not writing...

I'm very happy, if someone could just send me all of indicators to this system, because I didn't find all of them on google...
[email protected]


I appriciate it, thank you!

(Reading member for a year)
  • #2,977
  • Jun 20, 2011 11:56am Jun 20, 2011 11:56am
Looks like a possible double top...took the trade just cause from years of trading my gut tells me its a good possible setup so not waiting for the signals to confirm since i want to be a head of everyone else lol
Attached Image (click to enlarge)
Click to Enlarge Name: euro.jpg Size: 130 KB
  • #2,978
  • Edited 12:29pm Jun 20, 2011 12:19pm | Edited 12:29pm
nice, i'm short on E/U as well, confirmed on H1 around 1.43 (not a close however)

against the trend, so I'm going for roughly 1:1

also short on N/U, waiting for A/U to confirm as well as its bouncin off pivot
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur.gif Size: 29 KB
Click to Enlarge Name: nzd.gif Size: 28 KB
  • #2,979
  • Jun 20, 2011 12:50pm Jun 20, 2011 12:50pm
Im now short AU from 1.0577

TP next pivot down

P
Attached Image (click to enlarge)
Click to Enlarge Name: d5.gif Size: 14 KB
  • #2,980
  • Jun 20, 2011 12:57pm Jun 20, 2011 12:57pm
yup A/U just confirmed for me too (okay... may not quite yet on H1 but it has already M1->M30)

short on G/U as well (H1 is pictured but M15 shows a nice LH semaphor bouncing off Fib R1)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud.gif Size: 30 KB
Click to Enlarge Name: gu.gif Size: 28 KB
25 traders viewing now