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Dredding82 replied Aug 10, 2011Stick with it man you will get it and make returns like this in just 2 days(pic below) if you keep learning
Of course your going to have to trade like a MAD MAN! and drink about a pot of coffee an hour! lmao
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
I dont do spread betting but that quote does not look right to me.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
EurUsd is not any where around 14,400..........so want to try your pair again? Unless your broker is retarded and uses that instead of 1.4400
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
Either link should answer your question..And if you would please add the pair for your pictures and the TFs. url url
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
Im sure you have heard this saying "Never Let a Winning Trade Become a Losing Trade" & "Let Your Profits Run" right? Well with what i just told you IS HOW you do it.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
Yes i ONLY made 1% but i was not risking 2% to ONLY make 1%....I was shooting for 2%(1:1) OR BETTER!. Im not saying i made 2%....I REDUCED MY RISK! WHILE protecting my CAPITAL and GAIN....You are only thinking about what i MADE...NOT my TAKE PROFIT ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
And no i didnt risk 2% to make 1%...i risked 2% to make 2%-6%+ but i reduced my risk to the market by closing 1/2 my lots when i was in profit of my orginal risk...then i protected my capital and gain by moving my SL to the entry.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
There are different styles of MM but some of the basics of proper MM are below: 1) Define Risk 2) Protect capital 3) Risk:Reward 4) Reduce Risk If you can do the 4 things above then you WILL make money...if you cant then you might get lucky for ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
You will NOT always get stopped out...and like i said before its ABOUT MM....In that trade i made 1% on my account even though i was stopped out at BE...If i only closed 1/2 of my lots and didnt move my SL it would have been a BE trade...So there ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
Well when you "get the time" READ the thread, doesnt matter if it takes you weeks or months..just read it.....and you wont need "confirmations" you will beable to make profitable trades without even thinking about it.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
Stops are made to be STOPPED OUT...its called PROTECTING CAPITAL.... As for the indicator IDK....I didnt write it and i DONT USE IT...it was made by someone that was active in the thread at the start for NEWBIES and is not around anymore...So get ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
Read #1 post.........ANSWERED.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
UsdChf LIVE TRADE — Took this one just a few candles ago.....Already hit a 1:1 so locked in my profits and closed 1/2 my lots....RISK FREE TRADE.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 10, 2011
Jam Of The Day... — Hope this song makes everyone "Keep Your Head Up" if you make some losing trades or get down about trying to learn to trade. video
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 9, 2011
I ment close if you were in profit man lol. But it is in a downtrend but it has broken a HIGH and all HAs are GREEN...so untill it breaks a low i would only look for longs. I can be wrong...but if it does go short i think it will just be a retrace ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 9, 2011
If you have a little bit of profit i would close a % of that trade and wait for the long signal....
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 9, 2011
MEGA AWESOME KILLER TRADE!
At one pivot my UsdChf trade was up around 450 pips ...but it still isnt 1000+ pipsPrice Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 9, 2011
There was not a pivot at that level were you took the trade...so it is not to the RULES... On a side note since you like that Fisher indicator...It was losing value but was not below the 0 line(RED) so that was a no brainer...NO TRADE singal. lol If ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Aug 9, 2011
"10 good trades and then 1 that will kill your account"....Well if you USE PROPER MONEY MANAGEMENT...you will NEVER kill your account....Im not saying follow signals from someone but the only killer of your account is Fear & Greed.
Price Action Trading with Indicators! The Freebie System