Price Action Trading with Indicators! The Freebie System | Page 191 | Forex Factory

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Price Action Trading with Indicators! The Freebie System

  • #3,801
  • Jul 13, 2011 3:08am Jul 13, 2011 3:08am


Quoting tritan
Sleep less, live fast, as it aint gonna last
  • #3,802
  • Jul 13, 2011 3:54am Jul 13, 2011 3:54am
Quoting Dredding82
Kool beans! Just dont get cocky with your trading letting GREED make you make stupid mistakes............
been there and still doing that... lol gotta learn somewhere. Cheers
  • #3,803
  • Jul 13, 2011 4:29am Jul 13, 2011 4:29am
Good morning,

All my EUR pairs did not have the same direction at the beginning of today´s London session so be ware.....

Only 1 trade:

- Long EUR/CHF: +31 pips (up 1%)......


Now EUR pairs are already synchronized so waiting for news trades.

Thank you Dredding.....
  • #3,804
  • Edited 4:58am Jul 13, 2011 4:42am | Edited 4:58am
Hi All,

Day 2 playing this and found this pup on the 5 min. EU Entry on the 1st HA , stop below brown semafor and TP was R1 (red dotted).

Thank you to Dredd for posting his system,Paulus for his version of it and to everyone who has posted an idea or indicator to improve it. Awesome!

3R !
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd m5.gif Size: 20 KB
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
  • #3,805
  • Jul 13, 2011 5:19am Jul 13, 2011 5:19am
AU & EU lining up on th 5 min charts, WAIT for the trigger, shame I have to leave now, will be back to see how they pan out if they triggered.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aupot.gif Size: 21 KB
Click to Enlarge Name: eupot.gif Size: 21 KB
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
  • #3,806
  • Jul 13, 2011 5:45am Jul 13, 2011 5:45am
Quoting fisheggs
Hi All,

Day 2 playing this and found this pup on the 5 min. EU Entry on the 1st HA , stop below brown semafor and TP was R1 (red dotted).

Thank you to Dredd for posting his system,Paulus for his version of it and to everyone who has posted an idea or indicator to improve it. Awesome!

3R !
perfect trade!
  • #3,807
  • Jul 13, 2011 6:03am Jul 13, 2011 6:03am
Quoting AndreyBecker
perfect trade!
Yeah, fisheggs is finding setups like a master, and he's just started! (How hard can it be, eh?)

DrDave
To free Gazans of Hamas, use whatever it takes.
  • #3,808
  • Jul 13, 2011 9:05am Jul 13, 2011 9:05am
I'm back and the Euro did trigger, but didn't make it to TP so would have been a loss of 1R. I was too early on the AU , but just missed this one.


Edit: just hit the TP at R2
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aupot.gif Size: 21 KB
Click to Enlarge Name: aupotedit.gif Size: 21 KB
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
  • #3,809
  • Jul 13, 2011 9:13am Jul 13, 2011 9:13am
Quoting fisheggs
I'm back and the Euro did trigger, but didn't make it to TP so would have been a loss of 1R. I was too early on the AU , but just missed this one.


Edit: just hit the TP at R2

I'm not sure if you should have entered with the RED news coming out. It might go wrong anyway. I don't know about the experts, as I am just a newbie for that matter, but for me that would have been a big NO NO

Udine
Sleep less, live fast, as it aint gonna last
  • #3,810
  • Jul 13, 2011 9:41am Jul 13, 2011 9:41am
Quoting Dredding82
Took these using the Freebie PRO System..........then went to bed.....

Hi Dred,

Apparently EUR was a short and GBP was a long, correct me if I am wrong.

If the EUR was a short, it reversed to become a nice long. Did you reverse?

TF
  • #3,811
  • Jul 13, 2011 10:18am Jul 13, 2011 10:18am
Paulus, do you always wait for the semafore dot? I notice that often, you will just get a m5 close above the camarilla level, but no proper pullback, so no ZZ dot. You pass on these? Thanks
  • #3,812
  • Jul 13, 2011 10:40am Jul 13, 2011 10:40am
Quoting Ultimatus
Paulus, do you always wait for the semafore dot? I notice that often, you will just get a m5 close above the camarilla level, but no proper pullback, so no ZZ dot. You pass on these? Thanks
Yes I need a dot to give me a swing hi low

cheers

P
  • #3,813
  • Jul 13, 2011 10:46am Jul 13, 2011 10:46am
Quoting Paulus
Yes I need a dot to give me a swing hi low

cheers

P
thanks
  • #3,814
  • Jul 13, 2011 10:58am Jul 13, 2011 10:58am
Quoting TradeForexFx
Hi Dred,

Apparently EUR was a short and GBP was a long, correct me if I am wrong.

If the EUR was a short, it reversed to become a nice long. Did you reverse?

TF
You are wrong...they were both short trades.

On the H1 charts i am still looking for shorts on EurUsd because the D1 HA is still currently red. The GbpUsd was red and now has turned green so i am starting to look for longs on that pair.

I have been looking for longs on both intraday trading the M15 since late yesterday since that TF shows the H4 as having green HA candles.

On a side note...My UsdChf trade is KICKING BUTT! lol
  • #3,815
  • Jul 13, 2011 11:13am Jul 13, 2011 11:13am
After spending few hours reading most post, I still have any question regarding pivots point.
For M15 and H1 you guys using daily pivot and H4 using weekly pivot.
Am I right?

Dredding82, you newbie zip contain few pivot indicators. Which one is daily pivot?

Thank you guys, happy pipping.
  • #3,816
  • Jul 13, 2011 11:19am Jul 13, 2011 11:19am
Quoting denoxster
After spending few hours reading most post, I still have any question regarding pivots point.
For M15 and H1 you guys using daily pivot and H4 using weekly pivot.
Am I right?

Dredding82, you newbie zip contain few pivot indicators. Which one is daily pivot?

Thank you guys, happy pipping.
Please delete this post and stop being lazy....Load the indicator on your chart then ask yourself the question........Taking a nap if not deleted in a few hours when i wake up you will be on ignore. I have already said we will not talk about pivots anymore!

Thanks
Dredding82..............................
  • #3,817
  • Jul 13, 2011 11:30am Jul 13, 2011 11:30am
Took this trade yesterday. Took awhile to come to fruition but worked out great. Set trailing stop at 22 pips....another free trade
Attached Image (click to enlarge)
Click to Enlarge Name: uj3.jpg Size: 124 KB


up 42 pips as I type. Minimum profit.....20 pips
Think Outside the Box.....
  • #3,818
  • Jul 13, 2011 11:42am Jul 13, 2011 11:42am
Quoting Dredding82
You are wrong...they were both short trades.

On the H1 charts i am still looking for shorts on EurUsd because the D1 HA is still currently red. The GbpUsd was red and now has turned green so i am starting to look for longs on that pair.

I have been looking for longs on both intraday trading the M15 since late yesterday since that TF shows the H4 as having green HA candles.

On a side note...My UsdChf trade is KICKING BUTT! lol

Were your stops based on H1 or the Daily charts?


TF
  • #3,819
  • Jul 13, 2011 12:28pm Jul 13, 2011 12:28pm
I am currently at page 175 and have started demoing. I thought I raise this question for Paulus on his entry criterion. Say in the attached picture where the red vertical line is, we see a HA change to red. The bar corresponding to this change is the 5th candle from where the top semaphore is. Is the signal still valid?
Is there a condition that says beyond a certain number of candles from the semaphore, signal in invalidated?
I would also be grateful if anyone else would like to comment.
Thanks in advance.
Attached Image (click to enlarge)
Click to Enlarge Name: distance from semaphore.gif Size: 28 KB
  • #3,820
  • Jul 13, 2011 1:03pm Jul 13, 2011 1:03pm
Took this puppy for a 1.4R walk

I think I am beginning to GET the setups, really need to get a handle on proper Risk Reward and exit points now.Thanks again Dredd and Paulus !!
Attached Image (click to enlarge)
Click to Enlarge Name: eu sell.gif Size: 22 KB
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
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