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Cubbybgood replied Jan 21, 2011Just a quick update on my trade. Just got up about 45 min ago. Woke up to a loss sadly. It wasn't because of the system. It was because I was asleep. The trade had a great win ratio. 1:2. It was exatly 2 pips away from taking my profit before it ...
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011Hey Dredd, Told you I would post my live trades using this system tonight/today. I'm just about to head off to sleep as you are about to wake up.
I took this live trade right before. I'm about 90% sure this trade will hit my first target point at ...Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011What do you think I should do about my brokers fib levels? should I even worry about if mine are a little different?
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011Ok. Awesome! I think this was an important conversation here. The piv points are way different then I thought... At least with this system. You explaining this makes sense. I know that others think the same way about piv points which is unfortunate. ...
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011Got it. Why not? Do you not enter at these points or are you telling others entering on a retracement is risky?
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011Awesome, I actualy got the buy on the re-entry. Up 27 pips right now. I wanted to talk about this trade that you marked in your pic. All of the entrys make sense but this one.... How would you enter this trade? it did break the fib piv point. You ...
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011Interesting, you know the markets well and have good intuition on price movement. Strange, when I sent you that pic you said that it was a possible sell but it did go threw the piv level so must likely I should be looking for a buy signal instead. ...
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011I see. This is what you're saying.... This candle actually closed above the fib level causing it to be mixed or more likely to contenue up then going down because of the closing above the fib level.....
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011Pic, a correct trade?
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011Hmm as I was aware that pivot points are not entirely accurate right at there exact fib line. They don't necessarily need to touch or pass threw the lines in order to show actual resistance. Do you find that waiting for them to actually touch or go ...
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011Here is the pic. Read the boxes. Hope they make sense.
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011Sense we are talking about repainting... The semafor and zigzag repainting is what scares me the most. It can happen even if you wait for conformation with hieken ashi on a pivot point. Yes, trading on a higher time frame can help but still the ...
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 20, 2011Hi Dredding82 I'm so far a mixed bag with this system. I created a system similar to this one using the famous indicator Supersignals_v3 about 6 months ago. What I would do is use the supersignal indicator in the same way as your semafor. I would ...
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 19, 2011Second position for today open.... First target 25 pips Second 57 pips
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 19, 2011As a support to the thread I actually took this trade on my live account today. It was 2 pips away from hitting fib r1. I actually closed the position just after the candle that almost hit the resistance bar for a total of +44 pips. It was a scary ...
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 18, 2011Also, one more thing. I've noticed that systems shared here need to be explained well so those that you share it with do not make stupid mistakes. You are the creator of this system so there for knowing how to trade it best. Keep sharing your ...
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 18, 2011There will be more people questioning your system and there for possibly more people that feel they have to state there mind about how to trade. Try to have patience with these people as they will try to prove that your system does not work even if ...
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 18, 2011Hi Dredding82, I'm been a poster on this forum for over a year and I've posted systems as well. I would like to thank you for your system. I think it has good premise. The reason I'm posting is that I couldn't agree more about what you've been ...
Price Action Trading with Indicators! The Freebie System
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Cubbybgood replied Jan 18, 2011Again, thank you FXhermit. You've been awesome to my thread. So helpful and active!
I love you're new indicator and 75 EMA. I'm going to be testing them out. May do a system update. We will see.Forex Bible System
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Cubbybgood replied Jan 18, 2011THANK YOU PROF9T!! I stopped posting here for a while just because I was getting so sick of the same questions being asked over and over again. It was very frustrating. I also noticed that I was spending more time posting then actually trading which ...
Forex Bible System