Trading with Freedom Rocks Group

Hello,

I’ve been using a trading system developed by a group called Freedom Rocks. Not very exciting but slow, steady growth so far. I’m up about 62% overall in the past three months. They are a new startup (April ’06) and not many users. Is anyone here using this method? I’d like to talk to others about various strategies and get any feedback I can about this type of trading.

Dick

P.S. you can check it out at www.tradefreedomrocks.com/demo if you like.

Urban Towers Scalping Strategy

Name : Urban Towers Scalping Strategy by urbanforex
Indicators : Blue MA
Time Frame : 15min

Description : During a trend, when the market retraces to the blue MA with at least 3 consecutive lower highs (3 towers), we enter at the break of the high of the last high. Ok let me explain in details one by one.

Steps to Follow :

- Price is above the blue MA trend is up
- Price is below the blue MA trend is down
- Market retraces towards the blue MA with 3 consecutive lower highs (in a uptrend)
- At the break of the high of the last candle, we enter long (in a uptrend)


Trade Example Number 1

Alright, what do we know right off the bat by looking at this. We know the market is in a uptrend because the market is above the blue MA. The market retraced to the blue line with 3 consecutive lower highs (3 towers) as we can see the red candles above. Next, we entered long at the break of the high of the last retracement candle - which in this case is 3rd tower as we can see above. Ok 1 more example for you guys




Trade Example Number 2


Ok now here is a example of a no good trade.


Alright, in this example, the market was in a uptrend, it did a 1, 2, 3 tower retrace but it never had a breakout on the high of the 3rd tower, in fact, the market continued down and changed to a down trend. This example is to show that this strategy helps avoid many fake trades.

Great GBP/JPY 1M scalping strategy

Currency: GBP/JPY or USD/JPY (though i use it mainly on gbp/jpy:
Timeframe: 1M, 5M, 15M
Indicators: 3 sets of bollinger bands:



1) Period 50. Deviation 2 (RED)
2) Period 50. Deviation 3 (orange)
3) Period 50. Deviation 4 (Yellow)








Once you load your template you will notice the three sets of bollinger bands. Now, price will constantly range between these lines.



Sell strategy:

When price crosses the upper red band , at least half way to the orange band (if it gets to the yellow band is better but not as usual) Then the price will tend to retrace towards the center of the bollinger bands, you profit form this retracing.



Buy Strategy, it is the same as selling, the difference is that we will wait for the price to range between the lower red and yellow bands, and trade the retracing towards the center.



Tips: do not trade on ranging ,or quiet markets, do not trade previous to news releases. Go for 5 to 10 pips. Great system to trade between opening of london session and the closing of the japan session.



Stop Loss: since this strategy requires you to look at the screen (remember this is the 1M time frame) I tend to have two kinds of stops: time based and loss based.



Time based: Try and figure out how long will it take the market to get in your expected direction, if the time that you planned is already due, then close the order. No point on waiting for a loss...



Stop Loss: Since you are trading a very tight time frame your stops should also very very tight. Sometimes, you will profit from a 3 minute trade and you wont be able to set a proper S/L. So your stops will be given to you by your money management system...



Download Template for Metatrader Platform is available for download

$10,000/month forex trading – revealed!

You are about to learn EXACTLY how to make $10,000’s on the forex market each and every month absolutely free of charge. I will explain to you step-by-step with all due details about how you can win 100’s of pips per trade.

Although all of you would kill to get this priceless system, only a limited number of people will actually get it. This system has been developed and perfected over years of experience and hard work. So the people that are lucky enough to get this system will get themselves to the top. Many of you are struggling to be successful on the forex market. Many of you have put life savings at risk because you really don’t know what you are doing. And that is very sad, my friend.

Now paint yourself into this picture: You wake up in the morning, wash your teeth, grab a cup of coffee and head over to the computer. You turn it on, log into your forex trading account and you see you just won another trade making you another $1,350 with only ONE trade! Awesome! Now, you take about 20 minutes to watch the currency charts to see how the market is moving. Then, you go away from your desk, spend time with your family and you have a lot of time to do all the stuff you usually do throughout the day. At night, you come back to your computer to watch the charts again to see what trades you can setup to make some more $1,000’s.

That will be your routine from now on once you get my system. No more long hours in front of your computer watching the charts, and no more waiting. You will setup successful trades knowing exactly how much you will make and knowing when you will hit your profits. That’s how perfected this system is.

Let me tell you upfront that you don’t need any special skills about economics or forex overall. You just need a basic understanding about forex and how to place a simple trade. Other than that, you just need an internet connection and my instructions. That is enough to set you up to make $10,000’s every month.

As mentioned before, this will be limited to a select few people. No. I won’t choose people looking at their reputation in this forum or their positions (mod, admin, etc). You need to post your interest in this threat and I will decide who gets it and who doesn’t. I won’t be influenced by anyone and will make my decision using my own criteria.

The people who get it will need to agree NOT to share this with anyone else. This system is too valuable to give away uncontrollably. This system is what splits the category between men and babies.

Does this sound too good to be true? You have nothing to lose. It’s absolutely free of charge so why would you doubt about trying. But, like a friend of mine says: “Trying is for losers, be a doer”.

once - a -week "lazy trader " strategy

Of course, i am kidding when i say it is a "lazy trader" strategy. If you are lazy, you will not last in these markets. But this strategy is very low-maintenance and should with the proper money-management produce @ least 20% return annually . Not bad for only setting this up once a week and closing the position next week!
The principle behind it is very simple : not many traders are willing to scan the markets on Friday afternoon for a new set-up. But this is what you would do to profit from it.
Pairs to trade : any.
Chart set up :
Daily charts
Indicators :
MA10 and MA 40
that's all!
The rules for buying : set a buy on Friday on a 9-day bullish break-out , when MA 10 is above MA 40.
To cover: Sell short next Monday morning
The rules for selling : set a sell on Friday on a 10-day bearish break-out , when MA 10 is below MA 40.
To cover :Buy back next Monday Morning.
That is all there is to it.
Very simple, easy to follow
I have a number of indicators that you can download for free as well just to make your trading more efficient: