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- mustangzs replied Oct 31, 2011
True...I keep forgetting about differing brokers.
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 31, 2011
Where do you see HH or LH on this chart? The long term trend is DOWN. You took a counter trend trade and you got beat out. You need to PHYSICALLY look at higher time frames for trend. Remember, you are NOT trading the 15 minute chart, you are ...
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 31, 2011
Another 27 pips to the pile. I didn't want to hold this for very long, I felt like I was shorting at a bottom. I could be wrong, but I trade off my experience and I trust my judgement. Find yourself, find the trader you are, and you'll be successful.
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 31, 2011
Can you move your chart over to the center so that way I can see what you're looking at? There's too much text covering the chart on the right side...really can't see anything. Also, did you take a long or short on the trade? I'm assuming you went ...
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 31, 2011
USD/JPY — So you woke up and you saw that the BOJ intervened on the USD/JPY trade values. What do you do? Well....If you listened to me around post......#5792 you would have woken up to see over 250 pips in your account!!!!!
Price Action Trading with Indicators! The Freebie SystemNow lets ...
- mustangzs replied Oct 28, 2011
Stopped out..... Edit- No big deal..that's why we demo trade new investments. To help us understand and to learn why and how price is affected by technical's and fundamental's. No more news for the day..besides day light savings..lol. Did you see ...
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 28, 2011
US Oil — Demo trading oil and indices since this strategy..being price action...is an 'all in one' strategy. Going for 1:1, I got in later then I normally would take a trade. Had no clue how to read the pricing on the chart, took me a few ...
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 26, 2011
I know it's not a rule, but this is what I had on my chart...as you know..I'm a fan of divergence. I just love stochastics.
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 26, 2011
Not to mention indices. My broker won't let me trade them unless I have a UK based account but I still pull up the charts and have seen numerous setups.
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 26, 2011
This is what I see on the daily NZD/USD. Does anyone see it? I didn't highlight it on the chart.
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 26, 2011
Don't know if anyone watches CNBC or Bloomberg while trading...WHICH YOU SHOULD!!! But Bloomberg analysts were talking about major currency investors are keeping a VERY close eye on the USD/JPY, they're expecting the Bank of Japan to intervene ...
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 26, 2011
Done for the day as well, definitely made up the difference from yesterday with today's killer trades today. Knew the EU summit was going to bring several hundred pips my way today, just had to be patient and sit back and watch the charts. EUR/CAD ...
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 25, 2011
Took only one trade today which was the NZD/USD. It was the only pair that I was comfortable trading. Stop loss was a measly 10 pips with a 50 pip take profit. Everything else looked range bound or too volatile for my blood. USD/CAD had a good setup ...
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 24, 2011
Closed out my trades, done for the day. Close to 130 pips in the bag...lovin' these Benjamins.
Price Action Trading with Indicators! The Freebie System**I noticed in the chat this morning that everyone was looking for shorts on the EUR/USD. I'm sorry I didn't give in my input. I was actually ...
- mustangzs replied Oct 21, 2011
Charts — Here you go!
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 21, 2011
It's amazing how sitting in front of charts and just absorbing everything you can for almost 2 years has finally paid off. I've finally trained my brain to think like the big dogs. Risk/Reward, Money Management, incorporating fundamental analysis ...
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 20, 2011
I would have been in chat but been dealing with Charter Communications all day. I can't believe I have to sit by the phone for 3 different confirmation calls or they won't send a technician to come out and look at my lines. Oh well, shoddy customer ...
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 20, 2011
Pippin' — Killer trading today. Close to +200 pips. OMG!!! If I only got up at 3:00am EST like I'm supposed to I would have been close to double my day. THANKS DREDDING, TELL ME WHEN YOU ARE READY FOR VEGAS!!!
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 18, 2011
First EUR/USD trade this morning was stopped out (green vertical line is entry). There was no fail at pivot but I took it anyway. Price rebounded and pulled back to pivot point and is now heading downwards again. Yellow vertical line represents ...
Price Action Trading with Indicators! The Freebie System
- mustangzs replied Oct 14, 2011
Nice Weekend — Hope you all had a good week of trades. I'm heading out this weekend to get married....
Price Action Trading with Indicators! The Freebie SystemSee you all Monday morning! Make those pips for me today!!