Jess, I would not have normally taken the buy trade since price movement is going down to the next yellow dot. After I closed the trade when the green dot took I would have waited for the price to retrace and when the red dot appeared then I would ...

Price Action Trading with Indicators! The Freebie System

Jess, I have downloaded the new Indicator from Friday. It shows the arrows at pretty much where I set up a trade. In the chart just to the right of the red down arrow I put in a down arrow where I took my down trade and ran it to where the green dot ...

Price Action Trading with Indicators! The Freebie System

pp22, I think you are right. Take as much of the profit you can rather than take some and minimize the balance. I am going to adjust that setting.

Price Action Trading with Indicators! The Freebie System

I haven't had a trade on the Daily Demo. The live account is down 26%. Had several small winners and three big losers. Losers always seem to trade at larger lot sizes compared to the winners, it seems. Jess, about the reverse trade, I think we need ...

Price Action Trading with Indicators! The Freebie System

Have to admit that is truly gorgeous.

Price Action Trading with Indicators! The Freebie System

I meant that I had to adjust the SL. I will have to wait until next week to see if all is ok. I really don't expect any problems. The problem was that the SL pips were too close to entry and the PA had no room to move.

Price Action Trading with Indicators! The Freebie System

Thanks for the reply. I have put in the SL manually for USDJPY and GBPUSD. Those two seem to be the problem.

Price Action Trading with Indicators! The Freebie System

The problem I had on the Daily last week was that my stops were set too narrow. Can't use the same ones on Daily that are used on Hrly. I know that two of the losses were because of that reason.

Price Action Trading with Indicators! The Freebie System

I suggest that this process be manually tried for a couple of days to get a feel in how it works. I had just come up with it on Friday. I think also that the purpose of the opposite trade is to correct the prior trade after it is closed in the ...

Price Action Trading with Indicators! The Freebie System

here is a pic of my platform and as you can see next week has bright prospects.

Price Action Trading with Indicators! The Freebie System

This is the result for the week for the live account but note that about Wed. I put in an additional 200 to close out the long lasting trades, which i have decided not to close out. I expect to have a better week next week.

Price Action Trading with Indicators! The Freebie System

Jess the message is no longer there.

Price Action Trading with Indicators! The Freebie System

Using the yellow dot would be the safest. I understand your example of what you are saying.

Price Action Trading with Indicators! The Freebie System

The item is checked as NO.

Price Action Trading with Indicators! The Freebie System

Here is another example of a closed opposite dot trade and an immediate trade entry in the opposite direction.

Price Action Trading with Indicators! The Freebie System

here is a curious and interesting item: a message at the top on why a trade was not taken. First time I have seen this.

Price Action Trading with Indicators! The Freebie System

here is an update to the previous post where I opened an opposite trade after the ea closed the losing trade. The EA came in later with a long trade which proved me right.

Price Action Trading with Indicators! The Freebie System

Jess, this is what I was thinking about opposite trades. After the ea closed the trade I manually opened a long trade.

Price Action Trading with Indicators! The Freebie System

I like Daily and this is after NFP friday.

Price Action Trading with Indicators! The Freebie System

You may be correct. But other pairs in the same situation did right. I think that it may be an inconsistency. Thanks for your observation.

Price Action Trading with Indicators! The Freebie System