Man, did you forget that he is trying to turn his $10,000 account to 1 million in 2 weeks?? DrDave

Price Action Trading with Indicators! The Freebie System

The charts tell you the story... — Jasjit, Turn on HA candles. Look on any chart where it is OBVIOUS that price is moving from the lower left of the screen to the upper right. Now find any swing low. After the swing low, count how many ...

Price Action Trading with Indicators! The Freebie System

Thanks for your valuable insight, rattyo! We are grateful that you would take the time away from your huge pip collecting system to come visit and share your expert opinion. DrDave "Without a black cloud, we cannot appreciate the sunshine."

Trading Using Control Bars

So, maybe a trade strategy to go for the first breakout is right after you are in the breakout trade, immediately set a stop-and-reverse a few pips back across the line. Then if it really were a false breakout and it comes back to your stop before ...

Trading Using Control Bars

Autopilot? — Then it must be on autopilot, because i haven't been back to the controls since the parachute leap!

Price Action Trading with Indicators! The Freebie System

Hi Karthik, Is this the correct way to try to trade a breakout? DrDave

Trading Using Control Bars

Are ther lower chart foramtion effects to consider? — Hi Karthik, I was thinking about how a CB is formed. Let's say a nice CB has formed on H1 chart. If we drop down to the M15, we see 4 bars that comprise that H1 CB. Have you considered ...

Trading Using Control Bars

Hercs, I am new to the CBAs, but I think you need to do some price action analysis on the bars after the CB. In the m15 example, let's say, as you questioned, there was not such an obvious retest back up to the red line, but rather that bar opened ...

Trading Using Control Bars

yes. There is an IGNORE button that everyone can click!!

Trading Using Control Bars

WOW! Short lived down move on EURUSD — Good thing I strapped on a parachute after I handed the contol stick to the newbie! DrDave

Price Action Trading with Indicators! The Freebie System

Well, was that 30 pip drop in one minute that just happened enough down action for you? (Handing off the control stick to a rookie now...)

Price Action Trading with Indicators! The Freebie System

Hey Udine, Don't they say that a fortune is made one winner at a time? LOL What do you mean EU isn't moving? It's moving down. OK, so at the moment it is in a slow rally. But that will finish. DrDave

Price Action Trading with Indicators! The Freebie System

I got in on the H4 sell entry that came later. Put TP at 120 pips near support area. But I see the daily range has been drying up, so may cut back on the TP.

Price Action Trading with Indicators! The Freebie System

By the way, if you have been paying attention, superdezign is at least still lurking. DrDave

Price action is dumb, and you're lazy for thinking otherwise

And that, my friend, is EXACTLY why I LOVE lagging indicators!!!! If the party typically lasts 10 hours and reaches its peak between 3 and 6 hours after starting, then WHO CARES if I arrived even 1 hour late. There is still PLENTY of food and drinks ...

Price action is dumb, and you're lazy for thinking otherwise

I think another one that has missed the point. Who said that you need to understand the derivation of our indicator? As you said correctly “Just use it”. But the topic question is HOW are you using it? Do you place on end on a swing bar, then ...

Price action is dumb, and you're lazy for thinking otherwise

The same way that insurance companies use DATA TABLES and STATISTICS to give them boundaries within which they can operate to make a profit wihting a certain risk window. Don't insurance companies take LOSSES every day? Hmmm, then just maybe they ...

Price action is dumb, and you're lazy for thinking otherwise

The very first words in my post That was intended to EXCLUDE posters such as darkstar without me needing to enumerate them. Maybe the OP missed darkstar’s reply, or was just fed up with the haters and bashers and stopped replying to the “legit” ...

Price action is dumb, and you're lazy for thinking otherwise

They did. Need to open a foreign account if you want to hedge and are USA based. DrDave

95% winners live test

I think superdezign abandonded his baby... Maybe FF will toss into the trash bin soon. I have observed that for the most part, people responding are NOT attempting to have a discussion along the lines of the OP's intent. He has asked that if you ...

Price action is dumb, and you're lazy for thinking otherwise