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FxHancock replied Aug 31, 2011Short 1.1680 SL - 1.1706 TP - 1.1640
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
NFP is classed as the payroll release at the first Friday of every month.
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
Right, I think I may have a problem then. The 'P' pivot doesn't correlate with price around day open be it + or - 1 or 2 GMT. Sorry if this is a very newb question!
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
Yes, I added them to MT4 directory and used the template. Assume something went wrong?
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
Not traded FX before. I trade indices.
Also my daily pivot is at an odd time of 7:30 GMT, that's can't be right? Surely the pivot is market or day open?Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
FX is incredibly slow today, is this normal?
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
I broke a rule, literally took the short trade on the last 30 seconds of the HA as it was red then it turned green at close... doh! Tight stop though, only 12 pips.
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
Potential Short setup on USDCAD in the next 15mins.
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
So I'm thinking a LONG on the EURCHF is in play? Pivot rejected, stoch turning from the bottom, last HA closing green, and even though recent trend has been reversal the daily and weekly trend is UP. SL - 724 Entry - 741 TP -797 Don't execute if M15 ...
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
I'm trying! Currently up to page 178, I must admit I need to re-read quite a bit because there's a lot to take in... also no disrespect to other members but a lot of conflicting information. Perhaps I should just re-read your posts.
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
I see, so the MTF HA is a cheat/lazy tool - hahal!
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
I did notice on your charts you prefer M15 for entry.
I also found the indicator - url It's the "MTF Heiki Ashi". Ok will add one in the future.Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 31, 2011
Ok hopefully I'm getting this right: SHORT USDJPY as per the below chart (last night 2300GMT) - trending down, ZZ on top, failed at pivot, stoch turned down, last candle closed red and 1:1 available to next pivot. Yes/no?
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 30, 2011
What is that first indicator (it looks like a handy trend over multiple timeframes), how do I add it to MT4?
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 30, 2011
I make a living literally trend trading, buying dips in trend (pivots) and entering trend breaks (pivot fail). I'll be honest it's quite slow pace as I trade using 12H charts (to qualify trend and pivots), 15m for entry. I wanted to trade FX on top ...
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 30, 2011
A very patient trade, good stuff.
Price Action Trading with Indicators! The Freebie System
- FxHancock replied Aug 30, 2011
Hi guys, long time lurker here! Just wanted my first post to be on here to say hello and I'll be following daily. I have been trading indices for many years full time but really wanted to try forex, I trade using 'old school bank rules' i.e. trends ...
Price Action Trading with Indicators! The Freebie System