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Paulus replied Jun 27, 2011GU +15% UC no trade Gold -5% long from 1497.1 EU -5% +8% short from 1.4206 AU -5% Gold frustrating wide pivots from Fridays moves means gold has to move quite a bit and 15% may be to ambitious..I may cap at 10% for gold untill Im more experienced ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 27, 2011No it has to break the pivot on the HA bar you dont just wait for it to break a pivot it has to be done all on the same bar...see my chart with thr ed vertical line P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 27, 2011A quick update shaky start 3 x 5% losers but just click and carry on.... GU +15% UC no trade Gold -5% long from 1497.1 EU -5% +8% AU -5% ROC + 8% P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 27, 2011To me all semaphors are equal I do not differentiate between longer term ZZ swings,..... I use all for the count you can use normal ZZ but this ind leave a dot to make the count easier hope that helps P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 27, 2011LH Im confused the last semaphor looks like a Lower low cheers P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 27, 2011I use a spread better service here in the UK.. I dont use MT4 brokers and the spread just has to be dealt with as a trading expense.. I dont really see 3 pips the make and break of a system when some times I get 30 40 pips ie 15% wins Your 2nd point ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 27, 2011Yes both failed but MM in place so just keep trading.. I had a gain of 4% on 1 and 6% on the other to close early is not the way forward P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 27, 2011not that I do or take into account this type of thing with trend lines but critical time for the AU trade right now reacting to existing drawn TL P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 27, 2011I have 2 trades live atm..both triggered on the 8am bar so I guess that complies with my rules of trade UK session I have drawn trend line to show count of semaphore indicates short term up trend with HH and HL They look good but could easily fail ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 26, 2011your guess is as good as mine ! P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 25, 2011Stop loss — Thought Id post a quicky on stop loss placement Most people, do this a*se about face for some reason They take a position and say my pain threshold is $100 Im trading a full contract so that's 10pips...and they place their stop But ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 25, 2011thats a nice spread the levels are just the fib tool in mt4 set up to shows levels for entry, sl, Tp 1 2 3 quick reference for me when trades are running cheers Paul
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 25, 2011the only signal I have for gold on Friday was the following short,I dont know the spread as the nk is now closed but it would of made 15% Im sure P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 24, 2011Nice wd.. have a good 1 ..BBB....... you got a good life lols.........
PPrice Action Trading with Indicators! The Freebie System
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Paulus replied Jun 24, 2011Thanks will take a look cheers P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 24, 2011Good luck ,all i will say is write down your entry and exit check list and do not trade unless they are all met.. Try to have the same mind set as your demo trading,if the price movement is bad on that day try not to take it personaly the market ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 24, 2011I have CF but cannot see Gold on my MT4 hmmm Just short GU 1.5980 P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 24, 2011Its been a good day..cannot get gold on my Mt4 although ny sb does it..... P
Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 24, 2011ah well Im no on 39%....
GU +6% UC +15% +10% EU +7% +6% AU -5% ROC +39%Price Action Trading with Indicators! The Freebie System
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Paulus replied Jun 24, 2011GU +6% UC +15% just long from 0.9819 EU +7% +6% AU -5% ROC +23% cheers all
Price Action Trading with Indicators! The Freebie System