Turtle Man Supply Demand Trend HH Freebie

There are three processes being used to create the trade analysis and execution of the trades that appear in this trading journal

OLT Sam Seiden Demand Supply Zones
Daniels Andrei Knight Fibonacci Trading
Harrington HH Freebie
We use a piece of each and value the insights from all

July 29 2012 "Do not.... I emphasize do not take these trades without your own analysis as I am new to these techniques and the system I have created is being tested in demo modes only." Today Aug 2017 I am a professional trader with success. Thanks again start at the end that's my best work


For July 29th EURUSD Long
On the opening Gap expected ( Up or down ) This trade is predicated on there being a (Drop base Rally) demand zone that will be entered again within 24 hours. When it is entered it will be at a 38% FIB retracement so I take the trade long with targets anmd SL as shown.
There are details on stop loss are shown in the attachment file name but are based on FIB retracement 61.0 minus 5 pips.

During the wait time I intend to trade as trades are presented based on HH freebie system as shown in FF
http://www.forexfactory.com/showthread.php?t=339257.

There I am using the setup exactly ( well as close I can get ) to the thread writer. I will be trading off the 1 minute chart based on the 15 min guidance.

No trade visible on the 1M chart.
Expecting a gap in either direction a trade should no present itself in the near term of the trading day.

My supply demand zone analysis was in error by nearly 30 pips as I moved up to buy at 1.2256 and the current bottom came at 1.2226.
I am now posting the HH Freebie signal and allowing your evaluation.
This trade looks like its being traced with classic FIBO retracements as the 1 and 3 below are pull backs at 61.8 and 38.2 So we shall see.
Target for Trade #1 remains near 1.2299

We are almost back to where my supply demand zone analysis was a buy
However the 1 minute HH trade is still intact from its buy indicaqtion to now .
So here is where the novice makes a mistake?
After being down nearly 20 pips break even looks attractive
What I do is now allow the HH tradem process to take control of my trade
Target remains intact

Now as Trade #1 matures I added a scalp position closed to be closed quickly and deferred to the 5 minute chart for guidance and control.
I lay in the fibo retracements and find that the pull backs are along again the classic fibo's so the "big boys" are as always controlling process.
FYI
Watch spreads when in a supply or demand zone there is always a widening of spread.......
"The brokers are saying if you force us to take the wrong side it will cost you @!"

Please ignore time on the chart as I as yet know how to make it change without manual process.

Short the EUR USD be careful today is very tricky
Remember to manage risk with SL either mental or actual. Know that they "big boys know where the traditional levels for stop reside and will sweep em. so be clever give your trade room to breath
Targets 1.2223 and if you see real momentumn try to allow your target to 1.2165 But recall pigs get fat hogs get slaughtered.

Not such a good one...... Took a small loss and am currently scalping the current three ball from 9:16 EST

There have been some good trades long but Its just hard for me to tarde long when the EURO zone is such a mess.
So much for fuandamentals

8:07 NYC Update Trade # 3

Still Trading the HH system closed the orginals and now allowing supply demand zones to take control. You can see the trade results in my demos
The #3 at 8:03 controls the longs and the three at 7:46 controls the short side H says that while you learn only trade trend with 1 and 15 set ups

Trade # 3

Supply demand zones are at
1.2276 1.2272 and
1.2289 -1.2295
as well as
1.2252 -1.22257
Have trades working with targets 1.2370 prior to BB speaking....
See trade explorers for details.
Demos are being used to show various levels of mm and RR
Again I am new to this system so do not trade without your own analysis.

HH If you are reading this again I say thanks in one week I have made more progress with using your system than in the last three months.
The demos are showing entry and exit..... I am being cautious now after trying to jump the signals for the last week ........ I will wait from now on!

Here is a classic example of what the HH freebie system can do.
The top 3 ball that stuck rexcorded at 1.2401 Entry could have been at 1.2395 and would have remained nin until m 1.2173 in 43 minutes
My much less successful trades ( am am really cautious ....)
The trades are recorded in my Trade Explorers and I have attached my MT4 screen shot showing some of the trades that were taken in my personal account. I waited until the annoucement was received that there was no change then I traded size with confidence. Notice I stopped the trades well before the bottom was reached . Thats because I believe pigs get fat hogs get slaughtered........
In the demo accounts I maintain there are five that are followed via TE
My personal account were up as indicated with this screen shot

Stolper Alert: Goldman Says To Go Long EURUSD With 1.30 Target | ZeroHedge

For months everyone was confused, like lost lambs in a sea of noise and 500x leverage, not knowing how to navigate the stormy, choppy FX seas. Now we know. For that beacon of anti-precision, the man, the myth, the legend who bats 0.000 and thus is the most certain contrarian bet in history, Goldman's Tom Stolper has spoken: "We would now recommend going long EUR/$ at current levels with a one-day stop on a close below 1.18 for an initial target of 1.30." Start your selling.The announcement by the ECB today to prepare a reactivation of the SMP program but under the condition of a simultaneous EFSF/ESM program is another substantial step forward in terms of containment of the Euro area crisis. From an FX standpoint we would emphasise the following: Using the unlimited ECB resources to anchor front-end rates has the potential to address one of the two key driving forces for the large EUR/$ decline of the last few months: the risk premium attached to sovereign bonds (or at least to parts of the so ...

www.zerohedge.com

Ofcourse this is the same Goldman has a sell on Sears that is up 50% since the sell rec was given. Always recall that there are two stories and only one is correct.... In nthe case of markets three up down sideways
I just went long with a lot position in all accounts with targets set to 1.2300

This trade is the first of my old system learned back in the 80's. I spot the change in trend ..... I am now in for a target of 1.30 or better My risk to 1.80 stops to be applied based on the end of the trading day.

To those who may read this I want to show how the HH freebie systme that HH shares with us all can be used to remain in a trade far longer that 1 minute. The chart I show shows the entry and the buy in my account.
The demos have also been populated with this trade in size that is appropriate and should not impact my daily trading activities. Your comments are invited and appreciated as you all have so much that I value

 

1. Today I am thankful that I have
2. Nothing that I need
3. Nothing that I want that is not provided daily
4. Great health!
5. Great family!
6. Good friends!
7. Start back to school on the 16th
8. Understand and use NLP
9. Know what is important in life

The trade rationale is based on fundamentals that have skewed to the side of EURUSD and the price action over the last week.
But it was entered on HH freebie system as I write this we just completed a fibo retracement of 38.2 from the three ball that is above. Both pics are provided. My intent today is to add position at each 50 pip interval closing any excess beyond the orginal position for carry trade .

Check the trade explorer and follow this trade I think its gonna be a great one!

Thanks HH

New screen shot shows profit from trade in actual account and the TE's show that I made the same moves in the demo accounts The stop loss now has a bigger risk but if it does fall the profits are already booked and offset instead of not having them at all.

The ideas that I am using here are not recommended to anyone else but I ask for everyone who is interested to comment and help me improve.

I use to create my strategy

1. HH freebie
2. Seiden's concept of supply and demand
3. Fundamentals
4. NLP

Concepts learned during the 80's with my predecessor training ( adapted to a much bigger world and forex instead of futures are being deemphasized for a focus on new skills being learned from a new breed of traders. Thanks to all of you.

HH Freebie still has me in the trade as long as I was willing to have the original stop loss....
Stay Long my friends Stay Long
Demand Zones at
1.2218
1.2254
and soon at 1.2300 As soon as we punch through later today I suspect

The chart is linked to another small account that I have we use to work with students at my high school where we are learning about excellence.
John R, Denevious, Caesar D, Looks like another school year begins in a couple weeks
Trade well my fine students Do that NLP and get that brain programmed for excellence

To HH and friends ,
As Trade #5 reaches 1.2290 It has been controlled by the 3 Ball from 15:38 AM see the first screen shot .... My trade explorers can show the trades and I am hopeful that you all enjoyed the process. At 1.240 we have supply but who knows...... at this point I have not decided to leave the trades overnight something most are told never to do.
I think that there is some manjor shift in sentiment and I am maybe ok with giving up the gains should they reverse.
So if you are a trader take your profits at 1.240 if you are a turtle I think we have a trend and as Ed Seykota says ride it to the end.

The high just hit 1.23923 and profits look good The last time we hit the 1.240 mark we gave it up very rapidly so I expect the shorts to hit us hard. Thats ok .....

I am thankful for all that I have
I am thankful that I need nothing that is not already in my wheelhouse
I am ready to NLP and have a relaxing weekend
What I do from here I remain uncertain but my advice to you all is
sell at 1.40 if you are a trader.
If you are a Turtle..... you may have the trend rid it to the end......
I am an devotee of HH freebie and to HH I am saying thanks so very very much.
Please know that you have given me aq great gift and one that I will trry to repay over time.
Good Pipping

To those reading this thread I think to move is about to begin again if the HH freebie system is going again..... 1.23703 at this time 1:58 PM
The screen shot shows 2:00 PM but was made a bit earlier.
The retracement that can be expected at the 68% fib level is 1.2321. Set stops at 1.2295 if you believe in them. The brokers and bansk will be stop hunting Sundat at 5:00 PM. I expect the trade to top out at 1.2425 and have set the demo accounts to accept that level.
In my live accounts I will keep all trades active without any change in my initial stop whcih is 1.180 as I feel this is one hum dinger of a trade.
I can afford the risk I live for this when you get a trend ride it till the end
Targets 1.40 or better.


If you recall

1. I am thankful for all that I have.....
2. Thankful that all my needs are met ......
3. Thankful for friends and students .....
4. Thankful for HH ......
5. Thankful for Ed Seykota ......
6. Thankful for Charles Faulkner and NLP ..... Exercise 42

And most importantly I am ready to say I appreciate the FF for without it I would not be who I am today
and Meg I can only say that without you none of this would be possible

Jake, Kristin, John R, and John McG I am thankful for you all.

This is a defining moment as this trade was being monitored by some very interesting people to you I say "why not you !"

Target if the gap takes out my orders at 1.2425 I will wait for the run in either direction as the risk reward is not favorable for entry in either location. If the gap moves to 1.240 1.2404 I intend to watch and probably reduce exposure.

If you are interested follow the trades in my explorers

Have wonderful weekend I am at the NC coast in a little fishing village S Oak Island. I will be thinking of you.

5:09 I left the market and closed positions

The supply demand zones are not so reliable with central bank intervention just be nimble I am long at 1.2117. And short at 1.240. Between I am as nimble as a cat scalping today was modestly successful demos only as no real conviction makes me unwilling to risk capital
Have a wonderful 24 hours wherever you are

Recall
white lies will steal your freedom ...
Beige ones even more
When will the day come
You say I lie no more
Mine came to me one week ago
The consequences are not so severe
The freedom from the burdens
I will always hold as dear..
So should you ask a question
Should you elect to inquire
I pledge an honest answer
So ask what your heart or mind desires

Aug 3 I posted
To HH and friends ,
As Trade #5 reaches 1.2290 It has been controlled by the 3 Ball from 15:38 AM see the first screen shot .... My trade explorers can show the trades and I am hopeful that you all enjoyed the process. At 1.240 we have supply but who knows...... at this point I have not decided to leave the trades overnight something most are told never to do.

It will be another week of waiting for paint to dry..... I remain long but I have moderated my targets to 1.2350 . A far cry from 1.30

Its August Sat 25 and the trade thT I posted on August three that I said would be a great one is getting mature..... Not sure the 1.30 is doable this process but I am closing this month sure Maybe close on Monday as I think the legs are tiring Thanks HH, Seiden ,and the Real Power in all that is good

The week begins with me reflecting a + 300 pip move from Aug 1 in the euro dollar. I booked pips over 900 at 1 dollar each but ...

Learned alot about trading the HH Freebie system. I had buys with freebie at 1.2259 ON 8/3 AT 15:02 and 1.22584 15:02 and a series of .1 sized trades that day that totalled 10 mini lots 70,000 euros so I was leveraged about 18 to 1 Agressive but manageable .....
Those trades if left with the system would have been worth over $ 3800 dollars or about 66% ...... Instead I earned $903.45 this month.
Lessons you bet....
Trends are your friend and as we are approaching another decision point I wonder do we reach 1.31 another 600 pips before or after 1.21 500 down.

I am playing this one tight..... I will post the chart I have used to make my decision and will post the trades when I make them. But the trade I made on 8/31/2012 will remain for the entire month. It long at 1.2575.