Price Action Trading with Indicators! The Freebie System | Page 272 | Forex Factory

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Price Action Trading with Indicators! The Freebie System

  • #5,421
  • Sep 28, 2011 4:10am Sep 28, 2011 4:10am
Long on both. let's see if they go up.
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  • #5,422
  • Sep 28, 2011 4:21am Sep 28, 2011 4:21am
up 6pips on gu and 16pips on eu.
Can't open my eyes anymore. Good trading everyone...
  • #5,423
  • Sep 28, 2011 4:40am Sep 28, 2011 4:40am
I have to go out to make some trips for work. Closed the AUDUSD for +9 and moved EURUSD to Break even (currently +30) USDCHF holding trade with 40 pip S/L.

Checking back later.
  • #5,424
  • Sep 28, 2011 5:29am Sep 28, 2011 5:29am
Back but have to go out again, closed EURUSD +100, moved USDCHF to break even and set T/P to 65 pips

Checking in later
  • #5,425
  • Sep 28, 2011 6:43am Sep 28, 2011 6:43am
My today trades:
audusd +35
eurjpy +25 .. BE stil running
eurusd +31
usdchf -20 +22 .. BE still running

I found out that in the morning when Im start to trade some times get trend reverse and then loose some pips and then after reverse I bank profit.
How do you guys face with that?
  • #5,426
  • Sep 28, 2011 7:03am Sep 28, 2011 7:03am
Back at my desk, I see that the USDCHF trade has retraced a bit, moving my B/E stop back to -20pip s/l (just above the pivot), because I'm able to monitor it again.

Taking no other trades at the moment.
  • #5,427
  • Sep 28, 2011 8:45am Sep 28, 2011 8:45am
Closing all trades for the day, results are:
AUDUSD +9
EURUSD +100
USDCHF -9

TOTAL = +100
  • #5,428
  • Sep 28, 2011 8:51am Sep 28, 2011 8:51am
Nice wd

22% up on account still short EU

cheers

P
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  • #5,429
  • Sep 28, 2011 9:19am Sep 28, 2011 9:19am
Hi dred,

i'm interested using your indi, can you provide the indi to me? my indi already expired.

Quoting Dredding82
Before i get anymore PMs about an indicator that is expired....refer to this post.


http://www.forexfactory.com/showthread.php?p=4901018#post4901018
  • #5,430
  • Sep 28, 2011 10:07am Sep 28, 2011 10:07am
Quoting Paulus
Nice wd

22% up on account still short EU

cheers

P

Paulus, may I ask what type of pivot indi you use? thankyou
  • #5,431
  • Sep 28, 2011 10:13am Sep 28, 2011 10:13am
Quoting stricky1967
Paulus, may I ask what type of pivot indi you use? thankyou
Its camarilla9-1by_lu

trade moving in the right direction

P
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File Type: ex4 camarillav9-1by_lu.ex4   26 KB | 635 downloads
  • #5,432
  • Sep 28, 2011 10:17am Sep 28, 2011 10:17am
Quoting Paulus
Its camarilla9-1by_lu

trade moving in the right direction

P
Thanks, best of luck with your trade.
  • #5,433
  • Sep 28, 2011 10:40am Sep 28, 2011 10:40am
My risk is always limited to 5% regardless of pip size

cheers

P
  • #5,434
  • Sep 28, 2011 1:06pm Sep 28, 2011 1:06pm
3 nice signals +15+7+5 = +27% ROC

cheers

P
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  • #5,435
  • Sep 28, 2011 1:22pm Sep 28, 2011 1:22pm
Quoting Paulus
3 nice signals +15+7+5 = +27% ROC

cheers

P

Great, well done. Are you only trading EU these days Paulus?
  • #5,436
  • Sep 28, 2011 1:38pm Sep 28, 2011 1:38pm
Quoting Paulus
3 nice signals +15+7+5 = +27% ROC

cheers

P
Like what you've done with the MTF HA indi Paulus. So you're taking the 1hr HA as your trend indicator and trading the 5m HA pullbacks off pivots?

  • #5,437
  • Sep 28, 2011 5:28pm Sep 28, 2011 5:28pm
Read entire thread....wow.

Started trading this system today.

Two trades
EU +26
UCa +76

100 pip day. Hmmm, system feels very easy and comfortable. I guess that should be the case since Dred has probably showed us 100 examples of his finest cherry picked trades. LOL. Pretty easy to follow if you just follow.....

But it is obvious I shouldn't go live with this system until I see at least five years of live account statements with it. LOL. People, even if Dred would show you years of successful trading with the system, it in no way means it will work for you. As a matter of fact I would almost bet most would fail with it because you won't follow the rules or take the time to read the whole thread.

I don't trade for a living but I have been trading a while and sometimes search the forums for some fresh ideas to keep things fun. I really liked most of the chatter and support on this thread. Made for an easy system and interesting reading. I would agree with Dred, in that the simplest systems have worked the best for me and that most people chase every knew shiny object before really learning anything. That is why I read the WHOLE thread as there is no easy way to success.

Before I go I guess I'll say it one more time since it hasn't been mentioned in a while...Dred, how can you have a system with an indicator that repaints...LOLOLOLOLOLOOLOLOLOLOL. Thousands of views later, who's laughing now.

Thanks Dred for enduring all the riducule and sticking it out to help those really willing to learn and accept the help.

Now about Freebie Pro....
  • #5,438
  • Sep 29, 2011 12:15am Sep 29, 2011 12:15am
Quoting stricky1967
Great, well done. Are you only trading EU these days Paulus?

For the moment idealy Id like to trade 3 Im decding on which

Cheers

P
  • #5,439
  • Sep 29, 2011 12:17am Sep 29, 2011 12:17am
Quoting tritan
Like what you've done with the MTF HA indi Paulus. So you're taking the 1hr HA as your trend indicator and trading the 5m HA pullbacks off pivots?

Yes but still with HH HL etc long term it looks like a 1hour guide cuts out a few losers

Cheers
P
  • #5,440
  • Sep 29, 2011 3:37am Sep 29, 2011 3:37am
Quoting ejohnston5
Read entire thread....wow.

Started trading this system today.

Two trades
EU +26
UCa +76

100 pip day. Hmmm, system feels very easy and comfortable. I guess that should be the case since Dred has probably showed us 100 examples of his finest cherry picked trades. LOL. Pretty easy to follow if you just follow.....

But it is obvious I shouldn't go live with this system until I see at least five years of live account statements with it. LOL. People, even if Dred would show you years of successful trading with the system, it in no way means it...
100 pips for your first day...you must have really read the WHOLE thread! lol

You are right about the people that do not take the time to read and understand how simple the system really is once you stop thinking and start trading. I did think about showing live statements but then i was like "WTF why do i want everyone knowing how much i make or made" I have seen hundreds of "live statements" which were not true statements but BS ones people modify or some sites even use other peoples statements to try and make people buy the system. Since i am doing this on my time and for free i also never seen the reason why i need "live statements" when my trades are LIVE...lol

I still do not understand how anyone including me can trade with a repainting indicator...they always ADJUST to the market ...lol

As for the Freebie PRO....ummmm maybe for christmas i will let the PRO system out. lmao

BTW.....KILLER TRADING!!
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