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Whistlepips replied Aug 18, 2011About money management — Ok guys. Be prepared to shoot down my preliminary trade & money management rules for freebie (maybe with PM´s so we dont mess the thread). I will go live with these in case you dont stop me doing so
- position ...
Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 18, 2011
Yo Dave. About 70 pips from the bottom. Nasty lookin zzdot on the down side on about 1,4270 on H1 and even on H4. Dont think it will pass that one?
Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 18, 2011
Wow. Thats not even great. Thats just plain insane
There will be some rally, when it comes down from the highs. I quess thats going to take some time though present economic conditions being what they are. My GBP/CAD D1 long just hit my tp ...Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 18, 2011
Looks like daily trend may be turning. Looks awfully lot like inside & outside bars forming atleast on EU, GU & AU at D1. Semafor on top yesterdays D1 bar. Stochs coming together on D1. H1 failed to make a new higher high. Its of course too early to ...
Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 18, 2011
Good points. Thanks for help man.
Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 18, 2011
Man you are in flames. Impressive trading
. You are right with that one, but I think that it takes some skill to trade against the longer trend. Maybe not for us newbies or what do you think? Would be nice to hear you way of taking them ...Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 17, 2011
That one is actually quite simple. Just write down to yourself that just before every trade youre about to take, go and check the daily HA colour.
Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 17, 2011
If I only would have listened myself (or was it Dredd) a little bit earlier
Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 17, 2011
Its just like the one you posted a couple of days ago. If you go to H1 and check daily MTF HA (1440), you see that it points up. Its a perfectly good trade on every other way, but if I were you, I would be checking that daily trend
and ...Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 16, 2011
Thanks man (and Dizzle also). Maybe tomorrow I will send you my bank account number so you can send your money straight to there.
Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 16, 2011
My charts — Here are my charts. EU long entry around 1,4370 exit around 1,4450 AU long entry around 1,0420 exit around 1,0485 UC short entry around 0,9860 exit 0,9810 If you look at UC and EU, you see that H4 MTF HA was not changed colour yet. ...
Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 16, 2011
Weekly goal — Just made my weekly goal and I have only been trading today
I took three trades on M15 and all of them were winners
. (Well actually one more. I close USD/CHF short for +10 pips after realising that I took it ...Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 15, 2011
If your entry candle is the one just before the last one, I would say that it was a countertrend trade. Otherwise it looks mighty fine
MTF HA H4 looks green to me. If you trade M15 with freebierules, you should check H4 HA colour for trend ...Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 13, 2011
Really nice trade from larger tf pullback. Whats great with freebie (larger tf HA´s) is that you dont have to wait the higher low (in this case).
Price Action with Indicators! ~The Freebie Newbie BOLOSO System~
- Whistlepips replied Aug 12, 2011
I think that I got your point of taking this trade. Were you thinking that the yellow zzdot may be the yellow zztop
If thats the case, I suggest that you dont solely count on ZZ´z. Thats just a heads up. Wouldnt be the first time the H4 HA ...Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 12, 2011
If I understood your entry correctly to me that looks like a counter trend trade MTF HA H4 being green. May I ask, what was your logic for taking this short. I would have been looking for longs 4H HA being green. GU M15 may be making a higher low as ...
Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 12, 2011
Always nice to know if someone is making money, lol
Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 12, 2011
Well take the freebiestyle on M1 (jk). There should be enough gunslinging to ya
Seriously speaking. You should be able to see the probabilities also afterwards if you keep a trading journal. And please keep us informed how do you manage with ...Price Action Trading with Indicators! The Freebie System
- Whistlepips replied Aug 12, 2011
Lol, good luck to ya man
. About that 1:3 rule. I think Paulus has tweaked it into his way of trading so that the probabilities are in his advance. All the things in how you trade (your personality, skills, system, money management, etc) are ...Price Action Trading with Indicators! The Freebie System