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The7 replied Jul 4, 2011Price will try to go to the weekly Pivot Point which is 1.0648. R:R was 1:3,5 That was a nice setup. Lets not miss these trades while we can make money with this system. Bad news is no system is profitable forever..
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The7 replied Jul 4, 2011Hey people. Please try to see the whole picture. BigE showed us how to open a business, how to make money. How we manage this business and the money is all up to the individual. Exit points, time frames, entry times can be all subjective..
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The7 replied Jul 4, 2011For the 4 Hour chart use the weekly pivots. Any lower time frame use the daily pivot. Default settings. Besides thanks for the video. But I am not using the Pivot as an entry but as Take Profits.
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The7 replied Jul 4, 2011I like using Pivot Points for my Take Profits. The system what we use here is mostly a counter trade system. The price tends to go back to the Pivot levels once we have a signal. It of course is my personal choice. High Reward, Low Risk is what I am ...
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The7 replied Jul 4, 2011So far with +9 pips ( %0.8 reward), due the low volume. Waiting for bigger movements in 10-12 hours.
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The7 replied Jul 4, 2011Use the Daily Pivot for 1 Hour charts and lower, Weekly for higher time frames.
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The7 replied Jul 3, 2011Usd/Cad did not have a a break for 340 pips. It is time for some retrace. We use different brokers, that's why we dont get signals at the same time. By 9m Pacific Time (your Ibfx will open a new candle), you should see the same Tdi cross..
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The7 replied Jul 3, 2011First entry of the week. A very nice low risk, high return trade opportunity. I will be aiming for the Pivot Point for my TP, which brings my R:R to %1 risk, %8 Reward of my equity.
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The7 replied Jul 3, 2011I love taking profits at pivot points. It gives higher R:R rates. The Aqua on the USD/CAD is our pivot for the week. When the market opens tomorrow and I see a signal, I will aim at 0.9689 which is a R:R of 1:10. Will it work out, we dont know, but ...
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The7 replied Jul 3, 2011This question was answered before. If we start looking at higher time frames,when do we stop looking? Every time frame has it own trend. The daily could be short but if we have a long signal, we take it..
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The7 replied Jul 3, 2011Even it is just a retrace for 3 candles,if you enter the trade with the first candle or second, you should make some pips or a small loss...Therefore BigE suggests an entry with the 1st or 2nd candle.
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The7 replied Jul 2, 2011Taking Profit on Pivot and S/R points is something new to me,and I am focused on this for the last week or so. With this system I understand we look for at least R.R of 1.1. In the pic attached,what would be our TP levels of these different sell ...
Price Action Trading with Indicators! The Freebie System
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The7 replied Jul 1, 2011No trading system will work forever. Even proven systems they worked for years came to a stall. Find one that works today till it is useless...
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The7 replied Jul 1, 2011We should not look for a reason why the price acts the way it does but maybe the break of the second Resistance was one of the reason it continued.
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The7 replied Jul 1, 2011Trading is and should be considered as a business. You can not make money in any business every single day. That trade turned to be a loser. It is the operation cost, overhead, tax etc. If you look at it this way and accept it, you are on the right ...
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The7 replied Jul 1, 2011My last trade for the week turned to be a loser. Well I guess, its Friday...
Price Action Trading with Indicators! The Freebie System
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The7 replied Jul 1, 2011It is more important to figure out how much you are risking to make 100 pips. If you risk less, yes it is logical to give it a try..
100 Pips a day
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The7 replied Jul 1, 2011No such thing as "How many trades at a time". Trading is about risk management. If you risk %2 per trade and open 3 trades at a time, you are risking %6 which should not be acceptable. Do not risk more than you can afford.
Ideal number of pairs 4 beginner
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The7 replied Jul 1, 2011Back to basics...Page #1.. He calls them HA candles but it's the Synergy indi matter in fact..
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The7 replied Jul 1, 2011I also want to point out that BigE is suggesting the Synergy Apb indicator instead the regular HA candles. Yes they do differ...
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