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Dredding82 replied Jun 22, 2011Within 5-10 pips from a pivot is ok if your going with the trend....If you look back a candle or a few you can see there was a break of the pivots then a test after the break and the pivot held.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 22, 2011
Been looking in on you from time to time...you know that your spread is REALLY REALLY HIGH right? it might help you make and keep profits if you use a broker with lower spread...most brokers spread for major pairs are 3 and below...
Getting it right
- Dredding82 replied Jun 22, 2011
It looks like luck to me....but atleast you caught the breakout trade and looked to MAX profits. In my eyes trend was still up but there was a chart pattern......double top which turned into a triple top which is like a GOLD mine most times for nice ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 22, 2011
The #OHLC indicator along with the HeikenAshiAlert indicator and the Freebie Signal Alert all have alerts added to them for when a HA changes from one color to another.... makes it easier then watching the charts none stop. Once you get the alert ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 21, 2011
You got some WEIRD pivots man....my weekly pivot was broke at 1.4293...but like i said ANY pivot will work...but you should make sure thats not a monthly pivot...which are for LONG LONG term trades not day trading
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 21, 2011
You will lose some trades....did you take the next trade? if so would you have made profit? Were you with the TREND? Did you FOLLOW THE RULES? Was there a fail at a pivot?
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 21, 2011
If you want to short on the EurUsd.....use a limit order at the last low ZZ Dot for a break of the last low ZZ Dot once your limit order has been hit and placed use the last HIGH ZZ dot as your SL.....Part of the Freebie PRO System...using limit ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 21, 2011
What is the TREND?
is price moving higher and higher or lower and lower? Trade with the TREND if you wish to make and KEEP PROFITS... But on a side *NOTE* if you did take that short....THANKS for the money your putting in my bank account ...Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 21, 2011
I watch all the majors but only trade a few when i see they have good volume in them...some days its best to just sit on the side line waiting like a hungry shark for your prey to come to you! I also watch gold,silver and a few US stocks. I mostly ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 21, 2011
EurUsd M15 — Closed out the last trade for around 50 pips of profit just didnt feel like waiting around lol and just reentered into a long. I didnt wait till close of the candle because its in a CLEAR up trend so i wanted to get a jump on the ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 21, 2011
Great JOB! — Killer job on this pivot indicator man! makes adding pivots easy since when you change TFs the pivots change as well!
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 21, 2011
EurUsd M15 — Took this trade like 5 hours ago but then took a nap so didnt post it but heres the screen shot of a long on EurUsd M15, It has already moved to my Risk:Reward TP area so i moved my SL to breakeven but im shooting for the Daily ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 20, 2011
EurUsd H1 — Looks like a possible double top...took the trade just cause from years of trading my gut tells me its a good possible setup so not waiting for the signals to confirm since i want to be a head of everyone else lol
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 20, 2011
Hope you caught them as well...its was YES against the TREND but thats just to show if GREED is not in your TRADING PLAN you can still make PIPS....lol
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 20, 2011
Well i hope so...since i take my cherry picking time to pick them! lol. I wish everyone would really stop thinking all the crap they read and get on the charts, learn them,read them....it would make trading so much more simple till they have the ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 20, 2011
UPDATE! — Well like i said both were cherry picked since i did it as the market was live like always.........and guess what? they both hit TP..so what was my Risk:Rweard do you say? well its on the charts once again lol, since i do not get ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 19, 2011
LIVE Cherry PICKED TRADES like always! — Here are 2 live trades...against the trend of the higher TF but a good scalp to make a few pips. If you use proper MM like i keep saying you can trade against the trend but dont look for a HUGE pip ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 18, 2011
i would guess people sending them emails like when i got kicked off...it worked back then in less then 24 hours
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 17, 2011
The last high ZZ dot(HH) broke the ZZ dot(HL) before that then made a LH so it showed price was making newer highs...in other words time to look for long positions.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jun 17, 2011
Yups....have to go with the flow of price or you will never make profits
Price Action Trading with Indicators! The Freebie System