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Dredding82 replied Jan 18, 2011Do you think its just LUCK? — Yea it might sound cocky.....but hey gotta show you can make some kinda money off this system right? Anyways just took a look at the eurusd H4 chart and it looks like its almost ready for a setup for a short ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Yea i got that the first couple of posts so i made the rules every simple and theres only 4....so if you cant follow 4 simple enter rules then trading this system and any one that isnt just a MA cross prob is not for them
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
YAY!! 1:1 — WOW 1:1 risk/reward was reached....pretty KOOL!! lol gonna let this puppy run over night for sure and see it i can grab atleast 100 pips if not a few hundred!!
If not oh well still made profit with my MM alreadyPrice Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Yes Heiken Ashi candles are a must its one of the non repaint indicators which makes this system work....the reason for it is why this system works in trending and ranging markets....which makes it a COMPLETE system lol
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
I use Fib Pivots with mid pivot points you can even hand draw your fib lines if that makes you feel better with the system but less i have to do is the more i can make since i dont have to spend time drawing lines on my charts.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Oh i know it works and really well....but if people keep doubting without trying it then im just going to pull the pics and everything and let people keep losing money while i make it. lol but im sure there will be alot of people saying it doesnt ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Thanks man! yea if people only really knew how to use the indicators then they wouldnt lose so much money. I wish people on here would understand every indicator was made for a reason and there is a proper way to use it but there always loaded on to ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Looks good — H1 just closed in 20 pips profit going to keep the trade and see if TP is hit with the Jap and Auzzie sessions. It will more then likey go since it needs to retrace some if not and i get a different signal i will open a buy.
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
H1 changing — H1 euro is changing and looking for a good setup also now but too early to tell till after candle close
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
live trade just Took — Just took this live trade.....lets see already in profit SL is 51 pips my TP is 115 pips, If H1 changes for a sell signals i will move my TP for even more pips Enter was 1.3419 SL 1.3466 TP 1.3303
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Please read the past questions, yes it repaints but that is not your "trigger" to enter the trade it is just a heads up you might have a trade and how far it might go at the time of the trigger. Repainting indicators as i keep saying are LEADING ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
The red lines are where the zigzag gave me a heads up"zz dot" price bounced off of the fib pivot there was a red candle....The second pic is a few candles later both were not good for enter
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Check first post....bet you didnt make those easy pips today. BUT GUESS WHAT!! you will now!!
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Rules are stated above in another quote, Pairs really dont matter neither does TF....each trader trades different TFs...want you need to ask YOURSELF is how long do you want to trade per day/week? How many pips do you want per trade? etc..... I tend ...
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Check out the quotes above that should answer those questions
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Read quote above that should help
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Check out the new .tpl file i loaded and pick makes it way easier for you guys
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Once again.....all the BS traders telling people repainting is bad...Learn to use it RIGHT and its a GIFT!!
Price Action Trading with Indicators! The Freebie System
- Dredding82 replied Jan 18, 2011
Ok, if you backtest the EA attached it does have that kind of win rate but doesnt profit because the EA is not finished so it wasnt the "Holy Grail" just an ideal
95%-98% win rate EA...need help to finish
- Dredding82 replied Jan 18, 2011
Load the indicators on your chart...Watch your chart.......its very simple, The best way to learn to trade is to watch the charts and see how price acts.
Price Action Trading with Indicators! The Freebie System