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Dredding82 replied Jun 29, 2011TREND....thats it.........I only added it since newbies could not see a clear TREND....with the MTF HA...its should be pretty clear.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
If its a US holiday..........TAKE THE DAY OFF.....most times the markets are choppy as all hell....Take the time to enjoy yourself with friends and family. If you want to trade...just go back over past years and see what the market & pair did that ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
ALL ABORAD............................!!!! Chuga Chuga ChugaChuga.............. Choo Choo! LMAO
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
Closed out? Who said that? my trade is still going! i MAX PROFITS with the Daily Range...........I moved my SL to BE then locked in a little profit....I could close a % of my trade now since it has already made me a 1:3 Risk:Reward to make sure i ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
For everyone that was wanting to trade the Jap session....today would have been killer for you! I had signals on almost all the other pairs but since tonight is one of my TV show nights i just entered that one to make a quick profit.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
If you only trade with the trend you WILL make more PIPS.....
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
And before anyone ask about a pivots......load up some Fib pivots ....dont forget the MID pivots and you can tell if there was or was not a FAIL at a pivot.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
LMAO. Thanks ericjschroed....Was thinking about starting to go to the Traders Expo and show all these OVER THINKERS how EASY making profits are.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
What TF are you trading? UsdChf has been in a downtrend for a LONG WHILE...Warren Buffet & Bill Gates took a long position on UsdChf a few years ago....Both LOST BILLIONS! If not BILLIONS....it was MILLIONS........get the point?
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
LOL....It is easy...When you stop thinking and start trading
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
UsdChf M15 LIVE TRADE. — Took this a little while ago....Trend was down....Risk:Reward was there already hit 1:3 so i moved to BE then locked in some.....PROFITS..............
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
GREAT TRADE! I made over 100 pips before London even opened so i called it aday since i already hit my daily % goal. I did take a few trades other then the ones that gave me my daily % goal but when i do that i cut my lot sizes WAY down so i do NOT ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
Paulus and some others like higher risk(5%) per trade....i only risk 1%-2%(or less) on my trades so that the total = 5% for all my trades. Most times i have 2-5 trades open at once.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
You should NEVER care about what other traders are making or the resluts! you need to only care that YOU are making returns...and your account is growing with minimal drawdown.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 29, 2011
Set a daily goal....once you hit that goal....STOP TRADING! GREED is what blows a new traders account not the system.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 28, 2011
I did not say you can not trade...i said you Should NOT trade! Your on IGNORE!
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 28, 2011
Look at the charts! if you cant see it then you do not need to trade. thats why i did NOT state a number....i used X.......
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 28, 2011
What i mean by switch pivots....if the pair moved a huge X number of pips the day before todays pivots are going to be far apart....so you want to switch to Fib Pivots so you can get your levels closer and have better trade setups. Attached is the ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 28, 2011
Those 2 markets are VERY SMALL...If you are not getting the trades you want and can not day trade the London & US Markets...SWITCH to a higher TF...you will make the same returns but it will just take longer.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 28, 2011
Does your broker use SPREAD? if so what was the SPREAD? Learn to use SPREAD as part of your GAME............DONT FOLLOW YOUR BROKERS LEAD!
Price Action Trading with Indicators! The Freebie System