A very simple system - trade with arrow | Page 337 | Forex Factory

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A very simple system - trade with arrow

  • #6,721
  • Feb 11, 2020 3:32am Feb 11, 2020 3:32am
Nothing to trade there, mixed bag
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  • #6,722
  • Feb 11, 2020 6:49am Feb 11, 2020 6:49am
Got a trade running on the Dow, breakeven so trade to nothing, if it breaks great but no sweat if doesn't. That's 18.4 pips by the way on indices not 184! shame
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  • #6,723
  • Feb 11, 2020 8:34am Feb 11, 2020 8:34am
moved stop and got taken out + 38 at the NY Open flushing out stops
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  • #6,724
  • Feb 11, 2020 9:45am Feb 11, 2020 9:45am
Last trade today, went back long after the flush out, I think its going higher to 5 feb the 5th highs but happy days trading.
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  • #6,725
  • Feb 11, 2020 2:44pm Feb 11, 2020 2:44pm
Quoting Pent56
{quote} I have zoomed the M15 EUR/AUD chart out to give you a bigger picture. The arrow is where your stop loss was. Now look left. The price has reacted around that orange line several times since the end of January. Either acting as strong support or resistance. Its obviously an area of interest to the Market Makers (MM's) to place their orders. You also clearly have the daily pivot highlighted in your chart (yellow line). I would have been looking to add to my trade at this point, not close it (look at my AUD/JPY on Friday as an example). Look...
thank you pent56
another lost day today
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  • #6,726
  • Feb 12, 2020 2:29am Feb 12, 2020 2:29am
Quoting forexdg
{quote} thank you pent56 another lost day today {image} {image}
Hey Forexdg, you may be trying to look at to many things at once. Do you really need all the extras? are the pivots on there helping or distracting and the h4 and h1 tags? try stripping it down, you should always take a glance at higher time frames just in case you heading into support or resistance or a higher 200 ems / ma on h1 or daily. I am not able to look at too many pairs at once way too confusing, Pips can but we are not all the same and if your quite new this wont help you.
I took a year off just looking at charts and concentrated at Fundementals, helped massively.
  • #6,727
  • Feb 12, 2020 2:34am Feb 12, 2020 2:34am
Had to wait for the chop to stop.
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  • #6,728
  • Feb 12, 2020 6:01am Feb 12, 2020 6:01am
Quoting Scrambleguy
Had to wait for the chop to stop. {image}
I'm on this ...still waiting for my target at the adr
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the cautious seldom err....C
  • #6,729
  • Feb 12, 2020 7:57am Feb 12, 2020 7:57am
Stopped f0r -9 pips. Can live with that
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  • #6,730
  • Feb 12, 2020 8:47am Feb 12, 2020 8:47am
hit my stop too
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the cautious seldom err....C
  • #6,731
  • Feb 12, 2020 9:01am Feb 12, 2020 9:01am
Been scalping, but just about to hit all time high so nervous the reaction
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  • #6,732
  • Feb 12, 2020 11:37am Feb 12, 2020 11:37am
EU closed some, and some running for more
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  • #6,733
  • Feb 12, 2020 4:29pm Feb 12, 2020 4:29pm
Quoting Scrambleguy
{quote} Hey Forexdg, you may be trying to look at to many things at once. Do you really need all the extras? are the pivots on there helping or distracting and the h4 and h1 tags? try stripping it down, you should always take a glance at higher time frames just in case you heading into support or resistance or a higher 200 ems / ma on h1 or daily. I am not able to look at too many pairs at once way too confusing, Pips can but we are not all the same and if your quite new this wont help you. I took a year off just looking at charts and concentrated...
hi scrambleguy
I think its the strategy this way with pivot and daily bar and curency strength indicator and everything else
its the rules to enter when they are align
and pips29 said he expect support and resistance to breaking when big boys want to trap traders
its too complicated
I thought its just enter with shadow color on retracemnt when daily bar color and pivot location its good but I see its too much more then this
  • #6,734
  • Feb 13, 2020 4:30am Feb 13, 2020 4:30am
my target was missed by a bit and was stopped out after..
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the cautious seldom err....C
  • #6,735
  • Feb 13, 2020 4:39am Feb 13, 2020 4:39am
another trade that missed the target by a bit...
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the cautious seldom err....C
  • #6,736
  • Feb 13, 2020 4:54am Feb 13, 2020 4:54am
I've just caught this beast Dax -90 pips, 15% of equity,uff one helluva ride. Need more often something like this
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Whether you think you can, or you think you can't,you're right. H.F.
  • #6,737
  • Feb 13, 2020 5:12am Feb 13, 2020 5:12am
Looks like you guys are liking the fast moves of Da and Dow. It also bites very hard!
  • #6,738
  • Feb 13, 2020 5:54am Feb 13, 2020 5:54am
Forex is not about giant steps for us,but all those little steps.
13 pips another 2% in about 40 minutes.
Probably no more trades till US news.
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Whether you think you can, or you think you can't,you're right. H.F.
  • #6,739
  • Feb 13, 2020 6:01am Feb 13, 2020 6:01am
Quoting Scrambleguy
Looks like you guys are liking the fast moves of Da and Dow. It also bites very hard!
Yes they are .When I first time lost money on DJ ,price was between 8000-9000
They sure can move fast,but it work both way
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,740
  • Feb 13, 2020 10:32am Feb 13, 2020 10:32am
Quoting Simply-Me
Forex is not about giant steps for us,but all those little steps. 13 pips another 2% in about 40 minutes. Probably no more trades till US news. {image}
Tray test this system today make good trades

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