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Paulus replied May 16, 20113 swaps all mid pivot atm Only 1 trade for me so far UC for +15% P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 16, 2011Hi Thanks for this ive loaded it and it does match my other C lines exactly When you say do not worry about GMT I notice the GMT settings are not there..does this mean any one anywhere with this C ind will display the same levels as every one else ? ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 15, 2011This is just a simple case of different lines Im afraid here is my chart the X points to your entry..as you can see its mid pivot so no good to me and before my 8am start time indicated by the red vertical line cheers P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 14, 2011We only get there by sharing ideas, experiences, downfalls, and pit falls.. We get there by having an edge..the edge is given by A very good logical system A good risk return on each trade A good money management system We then become the pilot of ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 13, 2011I am currently long EU from 1.4110 TP is 1.4151 SL is 1.4076 Risk reward is therefore 1.2 to 1 with potential profit of 6% P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 13, 2011Hi Tritan The pivots are used mainly for showing resistance and support areas,in other words if we are coming up to a pivot line we should not want to go long 'hoping' that it will break the pivot and continue. rather if it is coming up to a pivot ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 13, 2011Been a funny day today have had only 2 signals and so only 2 trades AU was a short UC was a long Both closed for +5% so ROC is at 10% so far On my 5min charts EU down trending AU same GU same UC Up trending Cheers P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 11, 2011yes i agree this is a worry and its the next bit Im going to work on..Im not infavour of risking 5% to gain 2 % although I have done it I often do it when I have banked profit for the account I have been looking at ignoring the pivot thats within ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 11, 2011Hi How does that gain relate to your account .. do you work out how many contracts or what type ie main mini micro to trade with the SL ? just interested I know allot of people trade very day makes some pips but do not constructively build their ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 11, 2011long UC 0.9633 Short GU 1.6331 late in the day as Uk closed But up well on account and worth the 2 x 5% risk P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 11, 2011looking at GU for a short and UC for a long just need green light ie HA right colour
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 11, 2011Thanks your also doing well with this method I try to keep clean charts,clear head Think LL LH or HH HL have we got support from a pivot for tis trade ? Is HA red or white have a got a green light ? Enter and forget I cant push this ..I have no ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 11, 2011my 3 other swaps AU = -5+12 = +7% GU = +6 -5 = +1% UC = +15 = +15% ROC on all 4 = 41% P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 11, 2011Ok EU Start time 8am...10am on my chart Placed a H marker and followed it down with LH and LL markers which simpley means we are going down..down trending..look for short I do not there fore look for longs !even off of a pivot 1st signal series of ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 10, 2011EU was closed out at +15% ROC 42% P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 10, 2011Weird day but productive EU +5%-5%-5%= long from 1.4365 AU +15% GU +15%+7%-5% UC +10% -5% ( was +11%) -5% ROc = 27% P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 8, 2011I have decided to 'cap' potential TP's to a max of 3:1 risk reward This will help fo example when we have a large move day followed by a small move day Ie the pivot are calculated on the large days move and then space out pivots accordingly..the ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 7, 2011Yes its a classic 123 reversal ..pure trader psychology in a long trend the weaker players give up and a lower hi goes in..the previous low is broken and those weak long players now join the main drag and price drops Its the cow in the field syndrom ...
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 6, 2011The AU short closed for 7% The UC long closed for 5% ROC for the day +34% cheers P
Price Action Trading with Indicators! The Freebie System
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Paulus replied May 6, 2011update EU - No trade AU -5%-5%+15%-5% short from 1.0715 GU +15%-5% UC 5%+12%-5% long from 0.9669 ROC - 22% Glad your all making pips cheers paulus
Price Action Trading with Indicators! The Freebie System