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Price Action Trading with Indicators! The Freebie System

  • #5,081
  • Sep 6, 2011 5:19am Sep 6, 2011 5:19am
up 50 pips , day 1 of new system
  • #5,082
  • Sep 6, 2011 12:07pm Sep 6, 2011 12:07pm
After the mess this morning (spike up) the trend continued down so I followed in short. Was worried about the triple bottom on the M15 so took profit but then decided it was still on so entered again an hour later!

Short twice on AUDUSD, first at 1.0425 for 25 pips and second at 1.0412 which is now +24 and at BE. Target around 35-40 pips.

Both short entries below (purple lines):
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  • #5,083
  • Sep 6, 2011 6:58pm Sep 6, 2011 6:58pm
Took this one a few minutes ago. Just looking for 1:1, due to the lack of volume. SL 24 pips.
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Damn The Torpedoes, Full Speed Ahead!
  • #5,084
  • Edited 8:33pm Sep 6, 2011 8:30pm | Edited 8:33pm
Just stopped out!

EDIT:Now looking at the USDJPY H4, another hour and half and I'm gonna jump on the PIP TRAIN, heading south! lol!
Damn The Torpedoes, Full Speed Ahead!
  • #5,085
  • Sep 7, 2011 12:03am Sep 7, 2011 12:03am
Good morning all,

got my first half of the day: +2.5 % to the account. Now lets see if I can get the next one as well.

Green pips to all.

Udine
Sleep less, live fast, as it aint gonna last
  • #5,086
  • Sep 7, 2011 1:12am Sep 7, 2011 1:12am
Looking good this morning. Up +7% for the day.

Lets see if the green pips keep flowing like this

Udine
Sleep less, live fast, as it aint gonna last
  • #5,087
  • Sep 7, 2011 1:44am Sep 7, 2011 1:44am
Udine could you just post which pair do you trade for your today trades?
  • #5,088
  • Sep 7, 2011 1:54am Sep 7, 2011 1:54am
Everyone should remember with HUGE moves that happened yesterday the standard pivots will be far apart so it would be WISE to switch to FIB PIVOTS which will be closer together!

It is easy to do...just click on the indicator and change it in there! you do not need to load other pivot indicators because the ones i added have the change in the codes already.
  • #5,089
  • Sep 7, 2011 2:25am Sep 7, 2011 2:25am
Quoting kolesar007
Udine could you just post which pair do you trade for your today trades?

Hi Kolestar007,

I only look at EU & GU.

If you have questions please PM me, to keep the thread focussed on Dreds system.

Udine
Sleep less, live fast, as it aint gonna last
  • #5,090
  • Sep 7, 2011 2:30am Sep 7, 2011 2:30am
Udine, I want to contact you but cannot because of Junior Member.
  • #5,091
  • Sep 7, 2011 3:58am Sep 7, 2011 3:58am
Quoting kolesar007
Udine, I want to contact you but cannot because of Junior Member.

I cannot PM you either. I am not going to write here my email address, sorry.

So patience

Udine
Sleep less, live fast, as it aint gonna last
  • #5,092
  • Sep 7, 2011 6:42am Sep 7, 2011 6:42am
Nicely done..........as always..
I got 2.5% myself but couldn't keep my eyes open to get the other half. Fell asleep on the chair, lol. Hopefully i can do good for another week than i'll go live.

Many pips to all.
Quoting Udine
Looking good this morning. Up +7% for the day.

Lets see if the green pips keep flowing like this

Udine
  • #5,093
  • Sep 7, 2011 6:46am Sep 7, 2011 6:46am
Quoting fxtrain
Nicely done..........as always..
I got 2.5% myself but couldn't keep my eyes open to get the other half. Fell asleep on the chair, lol. Hopefully i can do good for another week than i'll go live.

Many pips to all.

Thanks.

Well done yourself.

With +2.5 % / day you will be laughing going to the bank

Udine
Sleep less, live fast, as it aint gonna last
  • #5,094
  • Sep 8, 2011 12:06am Sep 8, 2011 12:06am
Good morning,

First one in for the day. EU +2.5 %

Green pips to all.

Udine
Sleep less, live fast, as it aint gonna last
  • #5,095
  • Sep 8, 2011 12:37am Sep 8, 2011 12:37am
GU TP was just missed by one pip. +3.5 % up for the day.

Udine
Sleep less, live fast, as it aint gonna last
  • #5,096
  • Sep 8, 2011 12:43am Sep 8, 2011 12:43am
Quoting Udine
GU TP was just missed by one pip. +3.5 % up for the day.

Udine
Whats your spread on GU?
  • #5,097
  • Sep 8, 2011 12:48am Sep 8, 2011 12:48am
Hi everyone!

I just noticed today morning, that some important news (what in bloomberg has high volatility) can't seen in FFCAL Headlines and vica versa!

But let speak pictures...
Attached Image(s) (click to enlarge)
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  • #5,098
  • Sep 8, 2011 1:03am Sep 8, 2011 1:03am
Quoting Lizardman
Hi everyone!

I just noticed today morning, that some important news (what in bloomberg has high volatility) can't seen in FFCAL Headlines and vica versa!

But let speak pictures...

Can you give me the website of the bloomberg news to check please, as I see there info that is not scheduled for today (?!?)

Udine
Sleep less, live fast, as it aint gonna last
  • #5,099
  • Sep 8, 2011 1:07am Sep 8, 2011 1:07am
Quoting Udine
Can you give me the website of the bloomberg news to check please, as I see there info that is not scheduled for today (?!?)

Udine
I'm sorry, it's not bloomberg (my bookmark was wrong ), it's Economic Calendar Forexpros.
http://www.forexpros.com/economic-calendar/
  • #5,100
  • Sep 8, 2011 1:11am Sep 8, 2011 1:11am
Quoting Udine
Can you give me the website of the bloomberg news to check please, as I see there info that is not scheduled for today (?!?)

Udine
You also get more at http://www.fxstreet.com/fundamental/economic-calendar/
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