Hi — Excellent trades you have made man. +30 per day is really impressive. Been studying stochastics and your thread as well as Spuds lately as you know. Really good stuff here. Been trading among other things M1, but I found it a bit ...

On My Way To The Top

Really good question. Been thinking the same thing. One way of seeing it is RR 1:1 + appropriate money management (eg. Dredds version). Maybe also pivots, adr, important SR levels, round numbers, FA, etc should be considered. I think this is the ...

Price Action Trading with Indicators! The Freebie System

I agree. Takes guts but pays bucks. Adjust your position size accordingly.

Price Action Trading with Indicators! The Freebie System

Thanks man. I will. I have documented my M15 way of thinking pretty well so Im hoping it wont go away.

Price Action Trading with Indicators! The Freebie System

Decision — This was a hard one, but I think it just had to be made. I just made a decision to move my live trading after I have enough data from trading D1. I just dont have enough time to trade shorter tf´s because busy at the office. Thanks ...

Price Action Trading with Indicators! The Freebie System

Thanks guys. AU D1 HA was green when I took it. UC going fast up at the moment so thats going to be a winner. Dredd you are exactly right. I shouldnt be trading M15 when I dont have the time to monitor the trades. That is definitely a decision that ...

Price Action Trading with Indicators! The Freebie System

Im at the office and dont have the time & tools to put the charts, but if you want to check them out, today I took AU long at 1,6570 at London open and USDCHF long at 0,8150 half an hour ago. Both from M15.

Price Action Trading with Indicators! The Freebie System

Not at the moment no. My second week live and my account balance is -1% so nothing serious, but the answer to your question is no at the moment. Things change - Dalai Lama

Price Action Trading with Indicators! The Freebie System

BB — No, not big brother, but bulls vs. bears. Which one wins? Remains to be seen.....

Price Action Trading with Indicators! The Freebie System

Wow. Powerful words from Bernanke.

Price Action Trading with Indicators! The Freebie System

Looks mighty fine to my eyes.

Price Action Trading with Indicators! The Freebie System

I meant actually 1:3 for the "big one". Just poorly written.

Price Action Trading with Indicators! The Freebie System

Got it and working on it

Price Action Trading with Indicators! The Freebie System

I was waiting HA confirmations on D1 which is = trend to me. Didnt find but one when I was in front of my computer. How do you define trend? BTW I have been in a really bad mood today. One of those days I shouldnt been trading at all I think. Its ...

Price Action Trading with Indicators! The Freebie System

I bet it does. I think waiting may be the most difficult part of trading. This day was pretty lame alltogether. I took only one trade today UC on M15 (and opened some longer trades). UC turned out to be a small loss. Well atleast you have the time ...

Price Action Trading with Indicators! The Freebie System

They look perfectly good to me. If you would have taken the one in UC earlier, it may have made +5. I just think that M5 is more difficult than it looks. I think Paulus tried to take all the setups on all the currencies and schedule (london session) ...

Price Action Trading with Indicators! The Freebie System

Yea. You are right and I have done that, but takes some time by it. Not so fast than going through charts would be if there wasnt that repaint issue.

Price Action Trading with Indicators! The Freebie System

Looks good to me.

Price Action Trading with Indicators! The Freebie System

Nopes. No smaller tf trades for me today. My weekly goal was done on tuesday so I would have been lookin for D1 only for longer trades. The majors look a bit messy now with the contradicting zzdots, so I have stayed out of the game today. Took ...

Price Action Trading with Indicators! The Freebie System

Ive been thinking should I trade against the yellow dot or not as that red arrow in your picture, but havent had time to analyse it further. You cant backtest it properly because the dots repaint.

Price Action Trading with Indicators! The Freebie System