The only setup a can find on majors today. A distance beetwen pivots are too large and i cant find any fail on them.
Freebie 1 min trading method 1,204 replies
Price Action Vs Indicators 10 replies
DislikedAt last I've gotten to the end of this thread. Took me all week. I have 34 pages of notes. Eyes bugging out. But I've had my epiphany.
Read page 1. Follow the 4 rules. Check higher TF. Place trade. Who needs 34 pages of notes....Dredding was right. Read the thread.
Thanks Dredding you've taught an old bloke some new tricks. I appreciate your efforts.
I now sing the Whipsaw Song. Drives my kids mad.
Dredding called half of it, you have the MA on there all going solidly one direction and you traded against them. Still in my mind the biggest reason for the failed trades was the lack of any failed pivot level on the trades. The semi's are all in no mans land, no S/R identified. I'm not sure about others but the Pivot lines I have found to be very essential to identifying a good trade vs just some random bounce. It also helps in identifying your initial SL point and maybe first and second target levels for TP. USE THE PIVOTS.
DislikedDemo trading oil and indices since this strategy..being price action...is an 'all in one' strategy. Going for 1:1, I got in later then I normally would take a trade. Had no clue how to read the pricing on the chart, took me a few minutes to understand how each pip translated into US Dollars per lot size..etc..etc..Ignored
DislikedIt is a boring FRIDAY...markets did do much so i thought i would take the time to redo the Freebie Signal Alert. I am adding the highest TF trend which you can pick or use AutoTrend...and also what level stoch needs to be above/below for a filter to signals. I know the last one the alert did not work right and there was no email alert either so i have added both. If anyone has any imput on things that they might want please PM me on here and let me know. I will be releasing the new indicator over the weekend or at the start of next week.
DislikedThats great you took the time to read the thread....Where the questions you had already answered? The thread is a bit long which i can not help, it would be alot shorter if people did not ask the same questions over and over again lol.
NP Batavier, Im glad to see an old bloke is able to learn some new tricks. I have been busy with alot of stuff and keep for getting to post the link to the song, i have it on my playlist so i hear it at least once a day...Ignored