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Price Action Trading with Indicators! The Freebie System

  • #3,641
  • Jul 8, 2011 12:19pm Jul 8, 2011 12:19pm
Quoting AndreyBecker
i love forex and i love this amazing strategy

GU: -4,1%, +5%
EU: +15%, +7,4%
UC: +12%
AU: +2,3%

total: +41,5%

the best week in all my "forex-career"..

the last AU-trade a closed earlier, because of the double-bottom and i´m full of emotiones at the moment.. i think it is better to stop trading for today
Congrats Andrey Looks like I missed a lot of opportunities today..

Balrog.
  • #3,642
  • Jul 8, 2011 12:23pm Jul 8, 2011 12:23pm
London closed now and no open trades ..another nice day on the markets with some kind movement for us all

Wasnt going to post these results as all i do is pull the trigger..the lines on the charts do the work for me I dont use great skill and judgement after learning my trade over several years I dont have insight into the inner workings of the market

I just look at the traffic lights

LH LL or HL HH = 1 green light
Support from pivot or broken through pivot = 1 green light
HA go red to white or white to red on signal bar = 1 green light

3 Green light = Trade this signal

Any other combination = Dont trade this signal



GU +15+5 = + 20%
UC + 15%
EU +15+12 = +27%
AU + 5%+5% - +10%

ROC 72%

p
  • #3,643
  • Jul 8, 2011 12:48pm Jul 8, 2011 12:48pm
Quoting Paulus
London closed now and no open trades ..another nice day on the markets with some kind movement for us all

Wasnt going to post these results as all i do is pull the trigger..the lines on the charts do the work for me I dont use great skill and judgement after learning my trade over several years I dont have insight into the inner workings of the market

I just look at the traffic lights

LH LL or HL HH = 1 green light
Support from pivot or broken through pivot = 1 green light
HA go red to white or white to red on signal bar = 1 green light

3...
wow!!! think I should have hung around a bit longer today

Great job as usual Paulus..
  • #3,644
  • Jul 8, 2011 1:00pm Jul 8, 2011 1:00pm
Quoting Paulus
London closed now and no open trades ..another nice day on the markets with some kind movement for us all

Wasnt going to post these results as all i do is pull the trigger..the lines on the charts do the work for me I dont use great skill and judgement after learning my trade over several years I dont have insight into the inner workings of the market

I just look at the traffic lights

LH LL or HL HH = 1 green light
Support from pivot or broken through pivot = 1 green light
HA go red to white or white to red on signal bar = 1 green light

3...
Paulus......incredible!!!!!
  • #3,645
  • Jul 8, 2011 1:26pm Jul 8, 2011 1:26pm
awesome! some good movements in E/U today
  • #3,646
  • Jul 8, 2011 1:40pm Jul 8, 2011 1:40pm
Quoting Paulus
all i do is pull the trigger..
Paulus and Andrey, do you see most of your trades set up early in the London session? For me that starts at midnight or 1 so I would have to make some radical changes to try to trade that way, but I'm getting a little jealous at those returns! Andrey do you also trade the M5? Maybe if trades set up in the first hour or 2 I could still get some sleep.
  • #3,647
  • Jul 8, 2011 2:02pm Jul 8, 2011 2:02pm
Quoting ericjschroed
Paulus and Andrey, do you see most of your trades set up early in the London session? For me that starts at midnight or 1 so I would have to make some radical changes to try to trade that way, but I'm getting a little jealous at those returns! Andrey do you also trade the M5? Maybe if trades set up in the first hour or 2 I could still get some sleep.
Eric,

Scroll back in your charts and look especially 60 minutes on both sides of the London open and New York open. Maybe you'll see very often big reversal moves. Check about an hour before the sessions close, too. I think you'll like what you see.

DrDave
To free Gazans of Hamas, use whatever it takes.
  • #3,648
  • Jul 8, 2011 2:54pm Jul 8, 2011 2:54pm
Quoting Paulus
London closed now and no open trades ..another nice day on the markets with some kind movement for us all

Wasnt going to post these results as all i do is pull the trigger..the lines on the charts do the work for me I dont use great skill and judgement after learning my trade over several years I dont have insight into the inner workings of the market

I just look at the traffic lights

LH LL or HL HH = 1 green light
Support from pivot or broken through pivot = 1 green light
HA go red to white or white to red on signal bar = 1 green light

3 Green...

haha i thought my results were good you´re awesome paulus! have a nice weekend!
  • #3,649
  • Jul 8, 2011 3:06pm Jul 8, 2011 3:06pm
Quoting Porkpie
I have been lurking for a while not because of the strategy per se but because its probably only one of a thousand threads here on FF that puts RR and the law of probabilities first and foremost as the core of this simple strategy, and its really great to see people getting it. Well done guys and keep it up. Dredding and Paulus are exemplary traders. Respect to you both

Mark Douglas quote below for those that need a little help :

"Traders who have learned to think in probabilities are confident of their overall success, because...
Need to read few times this before getting the general idea behind. Thanks for posting it.
  • #3,650
  • Jul 8, 2011 4:06pm Jul 8, 2011 4:06pm
Quoting ericjschroed
Paulus and Andrey, do you see most of your trades set up early in the London session? For me that starts at midnight or 1 so I would have to make some radical changes to try to trade that way, but I'm getting a little jealous at those returns! Andrey do you also trade the M5? Maybe if trades set up in the first hour or 2 I could still get some sleep.

Hey,

yes i´m also trade the m5. hmm.. i think it´s always differently... wait for paul´s answer, he has much more experience, so he can answer it ;-)

cheers
  • #3,651
  • Jul 8, 2011 4:19pm Jul 8, 2011 4:19pm
just not very much atm ..

Quoting DrDave
Thanks.

Yea, well, as they say, "A chemist's work is never done". LOL

But I don't have a typical ball-and-chain mind-numbing JOB: I do consulting so I do a lot of technical writing from home.

DrDave
" Dont wait for your boat to come in ..... swim out and meet it"
  • #3,652
  • Jul 8, 2011 4:46pm Jul 8, 2011 4:46pm
Quoting Paulus
London closed now and no open trades ..another nice day on the markets with some kind movement for us all

Wasnt going to post these results as all i do is pull the trigger..the lines on the charts do the work for me I dont use great skill and judgement after learning my trade over several years I dont have insight into the inner workings of the market

I just look at the traffic lights

LH LL or HL HH = 1 green light
Support from pivot or broken through pivot = 1 green light
HA go red to white or white to red on signal bar = 1 green light

3 Green...
Paulus, can you post one GU chart please?
  • #3,653
  • Jul 9, 2011 1:56am Jul 9, 2011 1:56am
Quoting AndreyBecker
Paulus, can you post one GU chart please?

Sure

P
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  • #3,654
  • Jul 9, 2011 1:59am Jul 9, 2011 1:59am
Quoting ericjschroed
Paulus and Andrey, do you see most of your trades set up early in the London session? For me that starts at midnight or 1 so I would have to make some radical changes to try to trade that way, but I'm getting a little jealous at those returns! Andrey do you also trade the M5? Maybe if trades set up in the first hour or 2 I could still get some sleep.
No

There is no set ideal time for me within my time period .... the signals can come any where in the london open/close session depicted by the 2 vertical lines on my charts

cheers

P
  • #3,655
  • Jul 9, 2011 3:07am Jul 9, 2011 3:07am
Quoting Caillou

Yes, I read "Trading in the Zone" a few months ago. It's like Mark Douglas was thinking in this thread when he wrote it.......
If you like Mark Douglas, you can watch him discuss the concepts in his book here

(http://www.youtube.com/user/fxdibs4pips#grid/user/F657B3081A9BFDD5)
  • #3,656
  • Jul 9, 2011 3:11am Jul 9, 2011 3:11am
Quoting FreddieTradr
If you like Mark Douglas, you can watch him discuss the concepts in his book here

http://www.youtube.com/user/fxdibs4pips#grid/user/F657B3081A9BFDD5
Thank you very much, will have a look.......
  • #3,657
  • Jul 9, 2011 3:16am Jul 9, 2011 3:16am
Quoting Dredding82
My NFP EurUsd Trade using the Freebie PRO System....lets see if Euro comes back down even after that bad news....if not oh well..It works 70% of the time lol guess this will be one of the 30% times it doesnt
wooo hoo FSA (freebie signal alert) pro! tell me more tell me more..
  • #3,658
  • Jul 9, 2011 3:51am Jul 9, 2011 3:51am
Nicely done Paulus.

Whislt I am on the subject here's more food for thought: http://www.moneyshow.com/video/video.asp?wid=7183&t=3&scode=010473

so Marty Schwartz makes 1000% per year. Paulus, are you up to the challenge?
  • #3,659
  • Jul 9, 2011 3:57am Jul 9, 2011 3:57am
Quoting Paulus
Sure

P

thanks, was a little bit surprised because of the 15% trade =) did you set your tp to 15% because of the NFP?
  • #3,660
  • Jul 9, 2011 7:43am Jul 9, 2011 7:43am
Haha its like a money making party in here good to see everyone doing so good...great work dred and EVERYONE else...I love this little community this thread has become...keep it up and as dred said let the pips keep flowing.

Paul
No man is free who is not a master of himself. -P.M.-
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