Price Action Trading with Indicators! The Freebie System | Page 158 | Forex Factory

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Price Action Trading with Indicators! The Freebie System

  • #3,141
  • Jun 24, 2011 2:43am Jun 24, 2011 2:43am
My GU
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  • #3,142
  • Jun 24, 2011 2:44am Jun 24, 2011 2:44am
Quoting Paulus
tempting to shut down on the day when you get a 5% + winner on your 1st thats 25% per week..fund managers just about manage 4% per year

Keep up the good work..this is a good solid system that has stood the test of severe forward testing

You trade using long term trend I trade using short term trend..but the word is trend !

cheers

P
You should check out the other thread im posting in...this guy thinks 1% profit a day(averaged) is INSANE! lol if only people would learn to use a system and learn how to manage there money properly!

It always will be a good system if the rule are followed and you trade with the trend...every trend following system works if you know how to use it properly or adjust it to fit yourself.
  • #3,143
  • Jun 24, 2011 2:45am Jun 24, 2011 2:45am
My UC and AU no signals but nice reaction to pivots

P
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  • #3,144
  • Jun 24, 2011 2:45am Jun 24, 2011 2:45am
Quoting balrog
Good call Dredding.. I had both of them on the 5min.. TP reached on eu for me and still in gu.. Good luck today.

Balrog.

Good Job Balrog and Paulus
  • #3,145
  • Jun 24, 2011 2:45am Jun 24, 2011 2:45am
Quoting Dredding82
Well atleast me and you are eating up the fat juicy worms Paulus lol
Also took a nibble on EU short for +5% (same trade off pivot as everyone else) but didn't enter the GU as not even meant to be trading today.

  • #3,146
  • Jun 24, 2011 2:50am Jun 24, 2011 2:50am
Quoting Paulus
same trades for me surprised to see GU rally on EU drop

hey ho..all we can do is watch

P
I was tempted to bail with gu close to my TP but I've learned a lot from you guys that if it doesn't work out I just wait for the next setup.

I agree with you on this being a great strategy.. long term I hope that it keeps performing

Balrog.
  • #3,147
  • Jun 24, 2011 2:51am Jun 24, 2011 2:51am
Quoting Dredding82
You should check out the other thread im posting in...this guy thinks 1% profit a day(averaged) is INSANE! lol if only people would learn to use a system and learn how to manage there money properly!

It always will be a good system if the rule are followed and you trade with the trend...every trend following system works if you know how to use it properly or adjust it to fit yourself.
I used to be this person who thought 1% was difficult (never insane) but as you say, once you learn a system and how price moves then it becomes a whole lot easier. Maybe learning and sticking to a system is another secret to add to your list Dredd.
  • #3,148
  • Jun 24, 2011 2:52am Jun 24, 2011 2:52am
Quoting tritan
Also took a nibble on EU short for +5% (same trade off pivot as everyone else) but didn't enter the GU as not even meant to be trading today.


Any profit is better then a loss.....Great Trade Tritan!
  • #3,149
  • Edited 3:09am Jun 24, 2011 2:57am | Edited 3:09am
Quoting tritan
I used to be this person who thought 1% was difficult (never insane) but as you say, once you learn a system and how price moves then it becomes a whole lot easier. Maybe learning and sticking to a system is another secret to add to your list Dredd.
Thought about it ...but then whos money would i take everyday? I might go broke! lmao
  • #3,150
  • Jun 24, 2011 3:04am Jun 24, 2011 3:04am
Quoting Dredding82
Though about it ...but then whos money would i take everyday? I might go broke! lmao
True.
  • #3,151
  • Jun 24, 2011 3:14am Jun 24, 2011 3:14am
MY gu trade just hit TP

I am seriously tempted to call it a day this early on a Friday.. I know it's probably not the right thing to do but it's been a long week.

Balrog.
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  • #3,152
  • Jun 24, 2011 3:16am Jun 24, 2011 3:16am
Quoting balrog
MY gu trade just hit TP

I am seriously tempted to call it a day this early on a Friday.. I know it's probably not the right thing to do but it's been a long week.

Balrog.
Look at the reports ............do we have some coming out...could they move the market more or make it reverse? If you did your FA homework like a good lad you shall know your answer....or better yet just cut down your lot size and do your math so that even if you take more trade you cant come up a loser on a FRIDAY! lol

Remember ALL the single stripper moms DEPEND on US! lol Well atleast me...........HAHAHA
  • #3,153
  • Jun 24, 2011 3:27am Jun 24, 2011 3:27am
set and forget 6.53am gmt all done by 8.23am

shorted 91.98
tp 91.23

suns out and kids are ill

st
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" Dont wait for your boat to come in ..... swim out and meet it"
  • #3,154
  • Jun 24, 2011 3:30am Jun 24, 2011 3:30am
Quoting speedtrip
set and forget 6.53am gmt all done by 8.23am

shorted 91.98
tp 91.23

suns out and kids are ill

st
Good Trade SpeedTrip......You have a garden dont ya? Go pick them some fresh veggies and make some soup for them....veggies and fruit are the best when your sick.
  • #3,155
  • Jun 24, 2011 3:30am Jun 24, 2011 3:30am
Quoting Dredding82
Look at the reports ............do we have some coming out...could they move the market more or make it reverse? If you did your FA homework like a good lad you shall know your answer....or better yet just cut down your lot size and do your math so that even if you take more trade you cant come up a loser on a FRIDAY! lol

Remember ALL the single stripper moms DEPEND on US! lol Well atleast me...........HAHAHA
hmmmm, it's tempting to stay too. Damn you forex.. and all I wanted to do was finish early

Balrog.
  • #3,156
  • Jun 24, 2011 3:34am Jun 24, 2011 3:34am
Quoting balrog
hmmmm, it's tempting to stay too. Damn you forex.. and all I wanted to do was finish early

Balrog.
If you made profit this month call it aday, made profit this week call it aday....if your at a small loss call it aday.... Its friday man...unless its your job like me, TAKE THE REST OF THE DAY OFF! enjoy the summer weather if its nice out or time with friends and family. The markets will be here for ya bright and early Sunday night(Monday morning) lol
  • #3,157
  • Jun 24, 2011 3:40am Jun 24, 2011 3:40am
Quoting Dredding82
If you made profit this month call it aday, made profit this week call it aday....if your at a small loss call it aday.... Its friday man...unless its your job like me, TAKE THE REST OF THE DAY OFF! enjoy the summer weather if its nice out or time with friends and family. The markets will be here for ya bright and early Sunday night(Monday morning) lol
Alright, I'm out of here.. It's been a good week. See you all on Monday.

Balrog.
  • #3,158
  • Jun 24, 2011 3:41am Jun 24, 2011 3:41am
Quoting balrog
Alright, I'm out of here.. It's been a good week. See you all on Monday.

Balrog.
Later man...See ya then
  • #3,159
  • Jun 24, 2011 4:08am Jun 24, 2011 4:08am
Dredding thanks for the system . first 3 live trades done and taken profit on all 3. Been reading through the thread for the last 2 weeks and confident of success. Thanks again mate.
  • #3,160
  • Jun 24, 2011 5:19am Jun 24, 2011 5:19am
Quoting Dredding82
Early Bird catches the worm(pips) lol
Dredding, looks like your 240 MTF is different than 60,1440. so, you still take short, are you open the trade even if only two TF trend agree? thanks
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