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FxHancock replied Sep 2, 2011Took a trade off the 5M, confirmed down trend on 15M and 1H. Short on GBPCHF.
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Sep 2, 2011
May I ask how big are/were your stops on those? Thanks.
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Sep 2, 2011
Not sure if this was considered counter-trend (daily is down) but H4 all smaller TFs were UP, other rules met. Purple line entry.
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Sep 1, 2011
Sorry I forgot to ask. Does this work on multiple open trades or just one? Thanks.
Break even 'EA'?
- FxHancock replied Sep 1, 2011
You need to stop drinking so much!
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Sep 1, 2011
Ah, I understand what you mean now!
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Sep 1, 2011
What does this mean?
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Sep 1, 2011
No I don't like trailing stops, I move my stop above previous pivot and follow it down, I'll take profit at considerable resistance (unless it hits my stop first).
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Sep 1, 2011
Currently up 43 pips on that one USDCAD short.
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Sep 1, 2011
I'm getting used to the HA chart now, entry purple line. At the time of entering the M15, M30 and H1 were UP i.e. a retracement as Daily trend and 1H+ has been down. Stop moved to B/E - free trade now.
PS: I felt comfortable trading in to the ...Price Action Trading with Indicators! The Freebie System
- FxHancock replied Sep 1, 2011
Sorry if I'm being dumb here but that market was in an uptrend, printed a higher low and a slightly higher high than the previous two weeks... so why short?
If you were using trendlines on a daily chart then I could understand as you hit ...Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
Would this be valid if the HA remains green on close? Triple bottom, higher high, daily is a strong uptrend, sat on daily pivot, stoch is crossing.
Price Action Trading with Indicators! The Freebie System
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Break even 'EA'?
Started Aug 31, 2011|Platform Tech|71 replies
Hello all, Is there a break even expert advisor for MT4 whereby you can set if the order goes ...
- FxHancock replied Aug 31, 2011
This trade actually went on to hit TP, perhaps I was a little eager on getting to B/E?
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
B/E stop hit. Oh well!
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
Paypal over the money for a rum and coke.
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
+12 Stop moved to B/E.
Price Action Trading with Indicators! The Freebie System