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Paulus replied May 20, 2011I wait for the bar to close then enter.. but its personal preference and shouldn't alter results too much as it swings and round abouts on the fills
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 20, 2011True but you may of risk 5% to gain 2% Thats the same as risking 5 pips to get 2..I can see the logic of banking pips but 3 losers on this approach needs 7.5 wins to get to break even The success of this or any other system is to get the RR as high ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 20, 2011No I never move my stop at all..once there it stays there P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 18, 2011yes without a doubt the best system and best performance the secrete here is a win always gives at least 1;1 rr Several things are in this systems favour Strong supp res levels to support our trades Increase % of wins due to trading with market bias ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 18, 2011Closed Uc for +11% AU for+10% EU +5% +5% AU +5% -5% +10% GU +5% +15% +8% UC +15% +11% ROC 74%
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 18, 2011I trade throuigh it..my reserach shows no gain or minus over the years so why stop P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 18, 2011here it is.. Rule applied ..if entry too near a Pivot dont risk 5% to get 1% hence 1st trade was capped at 5% as top red pivot broken and price already hit main yellow pivot 2nd signal easy to spot ..classic 1123 reversal again capped at 5% but went ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 18, 2011No...lols the secrete is once in set TP and just leave the room P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 18, 2011Au still long GU +8% UC short from 0.9724 ROC 53% P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 18, 2011yes arrows I put ion to show the actual entry P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 18, 2011Update EU +5% +5% AU +5% -5% long from 1.0606 GU +5% +15% long from 1.6145 UC +15% ROC 45% My max TP is 15% as stated last week..big days followed by low volatile days gives big spacings on pivots so you could be waiting for a 30% move for TP to be ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 18, 2011Hi It looks like your trading against that trend ..are you counter trend trading or trend trading.. Just be aware that if your trading with the trend on a 5min chart but using 60min charts then you could be going short on the 5min as the 60 min is ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 17, 2011In fact Im off to bed so closing EU for +10% AU for +6% ROC 57% P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 17, 2011day picked up very nicely EU +14%+10% long from 1.4222 AU -5%+10% long from 1.0614 GU + 5%-5%+10% UC -5%-5%+7%+5% ROC 41% Will post some charts tomorrow..my right click save chart as is not working prop I keep getting a firefox text box come up ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 17, 2011I dont stop for the day if IO get a negative figure ..if your happy with the method and the risk reward/ money manegment then you have to take every system signal I lose 3 Im down 15% I dont trade the next which makes 15%..I trade the next which ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 16, 2011That 1 statement frightens the hell out of me ..
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PPrice Action Trading with Indicators! The Freebie System
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Paulus replied May 16, 2011I have taken 5% for GU on a long The existing entry was very close to the nexy pivot up a couple weeks ago I would of closed and taken just 1 or 2 % as its a justified signal but didnt like the 5% risk for 2 % gain and the subject was posted here My ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 16, 2011short UC 0.9712 TP next pivot down SL 1 pip abov the brown dot beside my entry Risk 5% P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 16, 2011yes is the simple answer
Price Action Trading with Indicators! The Freebie System