Price Action Trading with Indicators! The Freebie System | Page 246 | Forex Factory

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Price Action Trading with Indicators! The Freebie System

  • #4,901
  • Aug 31, 2011 7:20am Aug 31, 2011 7:20am
Quoting FxHancock
+12
Stop moved to B/E.
B/E stop hit. Oh well!
  • #4,902
  • Aug 31, 2011 7:46am Aug 31, 2011 7:46am
Quoting FxHancock
B/E stop hit. Oh well!
This trade actually went on to hit TP, perhaps I was a little eager on getting to B/E?
  • #4,903
  • Aug 31, 2011 8:41am Aug 31, 2011 8:41am
Would this be valid if the HA remains green on close?

Triple bottom, higher high, daily is a strong uptrend, sat on daily pivot, stoch is crossing.
Attached Image (click to enlarge)
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  • #4,904
  • Edited 9:06am Aug 31, 2011 8:46am | Edited 9:06am
Quoting FxHancock
Would this be valid if the HA remains green on close?

Triple bottom, higher high, daily is a strong uptrend, sat on daily pivot, stoch is crossing.
I thought you said you traded "old school bank rules" and "I make a living literally trend trading, buying dips in trend (pivots) and entering trend breaks (pivot fail)"

So in other works DEFINE a fail at the pivot...i have many times in the first few pages of the thread.

We DONT USE chart patterns in trading Freebie...They mean nothing but pretty S&R levels. Which is prob some pivot from some TF or a round number.

What color are the TFs in the MTF HA indicator?

Is it making a HH or LL.....?

Please stop posting untill you READ THE THREAD! cause this post just shows you have not read it at all.
  • #4,905
  • Aug 31, 2011 9:25am Aug 31, 2011 9:25am
To this one earlier, 21 pip SL and I set it up for a 1:1 since I had to head to work/class. Got home right as the bottom fell out, TP hit.
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Damn The Torpedoes, Full Speed Ahead!
  • #4,906
  • Aug 31, 2011 9:40am Aug 31, 2011 9:40am
Quoting DizzleFX
To this one earlier, 21 pip SL and I set it up for a 1:1 since I had to head to work/class. Got home right as the bottom fell out, TP hit.
Attachment

Great trading

Udine
Sleep less, live fast, as it aint gonna last
  • #4,907
  • Aug 31, 2011 10:07am Aug 31, 2011 10:07am
Quoting Udine
Great trading

Udine
Thanx Udine!
Damn The Torpedoes, Full Speed Ahead!
  • #4,908
  • Aug 31, 2011 10:08am Aug 31, 2011 10:08am
I'm off, had more than my double daily share again; so I'm going to the bar.

Drinks are on me
Sleep less, live fast, as it aint gonna last
  • #4,909
  • Aug 31, 2011 10:27am Aug 31, 2011 10:27am
Quoting Udine
I'm off, had more than my double daily share again; so I'm going to the bar.

Drinks are on me
Drinks on you, count me in! I dont think Dredd will make it though, he started drinking 9 hours ago. Lol!
Damn The Torpedoes, Full Speed Ahead!
  • #4,910
  • Aug 31, 2011 11:38am Aug 31, 2011 11:38am
Quoting DizzleFX
Drinks on you, count me in! I dont think Dredd will make it though, he started drinking 9 hours ago. Lol!
Im still DRINKING! Its the german and irish in me lmao
  • #4,911
  • Aug 31, 2011 1:09pm Aug 31, 2011 1:09pm
Great trading as always.
Don't get too drunk. Lol

Quoting Udine
I'm off, had more than my double daily share again; so I'm going to the bar.

Drinks are on me
  • #4,912
  • Aug 31, 2011 5:57pm Aug 31, 2011 5:57pm
hopefully soon i will be able to drink after a good day!!!!!!!!!!!!!! lol lol
  • #4,913
  • Edited 8:35am Sep 1, 2011 1:25am | Edited 8:35am
Good morning all.

No headache on my part. Dont know about you guys, but I always enjoy company when I am drinking

Originally Posted by DizzleFX http://www.forexfactory.com/images/buttons/viewpost.gif (http://www.forexfactory.com/showthread.php?p=4917077#post4917077)
Drinks on you, count me in! I dont think Dredd will make it though, he started drinking 9 hours ago. Lol!

Im still DRINKING! Its the german and irish in me lmao

This shows why Dred is successful in FX: it is not how you start it is important that you have discipline, stamina and focus


@Fxtrain

thanks. I dont drink quantity I prefer quality

Green pips to all

Udine
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Sleep less, live fast, as it aint gonna last
  • #4,914
  • Sep 1, 2011 1:39am Sep 1, 2011 1:39am
Quoting kirkdurant
hopefully soon i will be able to drink after a good day!!!!!!!!!!!!!! lol lol
Stick with this thread, read and re-read it.

As I said before:

Make a printable version, copy all in word, delete the not important posts, and keep reading your trading bible.

Print a perfect long entry and a perfect short entry. Keep these besides your screen and compare these with what you think are good set ups.

Create a checklist of the rules of Dred, fill the checklist out every time you want to enter a trade, and keep it as a reference with the screenprints. You will be on your way very fast.

Keep a trading journal where you write down everything, add printscreens of your entries and exits. So after the trading day you can check each and every trade, and learn from them.

Treat it like a business, as THIS IS SERIOUS BUSINESS, its not a hobby !!

BTW: what age are you, if I may ask??

There is only one reason to drink: somewhere in the world it is 17:00 hours, so time for a drink. No excuses. (not in drinking, nor in fx)

Green pips

Udine
Sleep less, live fast, as it aint gonna last
  • #4,915
  • Sep 1, 2011 2:32am Sep 1, 2011 2:32am
Missed one trade on the EU (would be a +2.5 % for me). Was away from the desk.

Waiting for the nex set-up.

Udine
Sleep less, live fast, as it aint gonna last
  • #4,916
  • Sep 1, 2011 2:41am Sep 1, 2011 2:41am
Same here. I don't know what i was doing.
I was looking at gu and not eu, wasn't paying attention to eu..
Was a good setup.
Quoting Udine
Missed one trade on the EU (would be a +2.5 % for me). Was away from the desk.

Waiting for the nex set-up.

Udine
  • #4,917
  • Sep 1, 2011 2:46am Sep 1, 2011 2:46am
Quoting fxtrain
Same here. I don't know what i was doing.
I was looking at gu and not eu, wasn't paying attention to eu..
Was a good setup.
There will be more trade set ups. If not today, then tomorrow

Udine
Sleep less, live fast, as it aint gonna last
  • #4,918
  • Sep 1, 2011 3:02am Sep 1, 2011 3:02am
Quoting Udine
Missed one trade on the EU (would be a +2.5 % for me). Was away from the desk.

Waiting for the nex set-up.

Udine
Hi Udine, I stumbled across this thread two days ago and find it rather interesting, still learning and reading and reading...........
Would you be so kind as to post a chart of the set-up you are refering to, because I am not able to see it on my chart. It will certainly be appreciated.http://www.forexfactory.com/images/icons/icon7.gif
Thanks
Pete
  • #4,919
  • Sep 1, 2011 3:02am Sep 1, 2011 3:02am
Quoting fxtrain
Same here. I don't know what i was doing.
I was looking at gu and not eu, wasn't paying attention to eu..
Was a good setup.

Do you not have the indicator i added the alert with sound to? I also added an email to one of them. they should be in the #1 post.
  • #4,920
  • Sep 1, 2011 3:03am Sep 1, 2011 3:03am
Quoting Udine
There will be more trade set ups. If not today, then tomorrow

Udine

Remember tomorrow is NFP....
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