A very simple system - trade with arrow | Page 139 | Forex Factory

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A very simple system - trade with arrow

  • #2,761
  • Oct 1, 2017 10:50am Oct 1, 2017 10:50am
the aussie has been elusive but looking at the chart I believe we should get a close below .7810 soon and a test of .7750 after..let's see
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 59 KB
the cautious seldom err....C
  • #2,762
  • Oct 1, 2017 11:17am Oct 1, 2017 11:17am
Quoting ramzam
{quote} okk... really good one. i am also using mastercandle.. but your grandfather name is quiet difference.. so that i asked...
Please don't misunderstand..I don't trade MC breakout per se, I look at various things and most importantly pa to justify my trade..I have to be cautious
the cautious seldom err....C
  • #2,763
  • Oct 2, 2017 3:49am Oct 2, 2017 3:49am
entry could be better but it's not the most important in this case..I was looking at pa mainly and took the trade when I saw momentum..the direction of price movement was more important than where i entered..I don't want to get my direction wrong as having a dd is always bad for the heart and the purse.I normally trade after the 4 hour candle closes but there are always rare occasions when I do otherwise
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM5.png Size: 48 KB
the cautious seldom err....C
  • #2,764
  • Oct 2, 2017 3:56am Oct 2, 2017 3:56am
I took 2 positions off this morning with my mobile...quota and bonus already achieved
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 53 KB
the cautious seldom err....C
  • #2,765
  • Oct 2, 2017 4:14am Oct 2, 2017 4:14am
looking at pa, there is a good chance price will test the 34 ema/50% fib level....I am waiting for some retrace before going short...where would be a nice entry??
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #2,766
  • Oct 2, 2017 4:30am Oct 2, 2017 4:30am
2nd entry of the morning
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Click to Enlarge Name: USDCADM5.png Size: 50 KB
the cautious seldom err....C
  • #2,767
  • Oct 2, 2017 5:33am Oct 2, 2017 5:33am
last week trade was close to being stopped out but survived and close for +50
Attached Image (click to enlarge)
Click to Enlarge Name: XTIUSDM15.png Size: 53 KB
the cautious seldom err....C
  • #2,768
  • Oct 2, 2017 5:40am Oct 2, 2017 5:40am
I have decided to close the 2 positions left on the kiwi and set a pending sell below...price has been rejecting the 200 ema previously
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the cautious seldom err....C
  • #2,769
  • Oct 2, 2017 7:24am Oct 2, 2017 7:24am
Quoting pips29
entry could be better but it's not the most important in this case..I was looking at pa mainly and took the trade when I saw momentum..the direction of price movement was more important than where i entered..I don't want to get my direction wrong as having a dd is always bad for the heart and the purse.I normally trade after the 4 hour candle closes but there are always rare occasions when I do otherwise {image}
was too quick to close the trade and a pending buy after closing the trade was almost instantly triggerred...I guess I was trying to be too smart...target is .8872 and stop is at be now
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 51 KB
the cautious seldom err....C
  • #2,770
  • Oct 2, 2017 10:20am Oct 2, 2017 10:20am
a pending sell of the aussie just a few pips below the H1 34 ema was trigerred...I set a similar on the kiwi which was nearly triggered...it will be triggered when price weakens
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 57 KB
Click to Enlarge Name: NZDUSDM15.png Size: 56 KB
the cautious seldom err....C
  • #2,771
  • Oct 2, 2017 10:29am Oct 2, 2017 10:29am
Quoting pips29
2nd entry of the morning {image}
If I had set the stop just a few pips below the H1 34 ema I would still be in the trade...my appetite for risk was low this morning but I am happy to have got back in...will lock in at be when I get 20 pips or more...
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM5.png Size: 62 KB
the cautious seldom err....C
  • #2,772
  • Oct 2, 2017 10:40am Oct 2, 2017 10:40am
Quoting pips29
a pending sell of the aussie just a few pips below the H1 34 ema was trigerred...I set a similar on the kiwi which was nearly triggered...it will be triggered when price weakens {image} {image}
with pending orders (be it sell or buy) it's easy to set the stop..here's how I set mine with n/u that was just triggered...whether it works or not is a different story...just be confident and it'll work
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 57 KB
the cautious seldom err....C
  • #2,773
  • Oct 3, 2017 3:56am Oct 3, 2017 3:56am
my target is .71500 and I am surprised it's not hit..my target was hit on another platform though the target was a teeny weeny bit higher at .71502
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 56 KB
Click to Enlarge Name: NZDUSDM15a.png Size: 51 KB
the cautious seldom err....C
  • #2,774
  • Oct 3, 2017 4:11am Oct 3, 2017 4:11am
Quoting pips29
my target is .71500 and I am surprised it's not hit..my target was hit on another platform though the target was a teeny weeny bit higher at .71502 {image} {image}

Hi Pips29,

You have a very low spread. but maybe was news spike at the time and spread could be lot higher, no?
  • #2,775
  • Oct 3, 2017 5:03am Oct 3, 2017 5:03am
Quoting Helee
{quote} Hi Pips29, You have a very low spread. but maybe was news spike at the time and spread could be lot higher, no?
don't think so Helee, I am putting this broker under "suspect" list..the platform was much slower than it used to be...
the cautious seldom err....C
  • #2,776
  • Oct 3, 2017 5:14am Oct 3, 2017 5:14am
Quoting pips29
{quote} don't think so Helee, I am putting this broker under "suspect" list..the platform was much slower than it used to be...
I am not too happy with the one i trade now, too.

It activated an pending buy order well above the placed i had.. well was on news, but it should asked me if i wanted the order or not.

got really upset, and specially went to DD straight away.

These brokers are big scammers.
  • #2,777
  • Oct 3, 2017 5:26am Oct 3, 2017 5:26am
Quoting Helee
{quote} I am not too happy with the one i trade now, too. It activated an pending buy order well above the placed i had.. well was on news, but it should asked me if i wanted the order or not. got really upset, and specially went to DD straight away. These brokers are big scammers.
I tend to remove stops and pending buy/sell stops when there is red news coming and when market is about to close...targets are left there cause I will be happy when hit
the cautious seldom err....C
  • #2,778
  • Oct 3, 2017 5:28am Oct 3, 2017 5:28am
trade just taken...let's see
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 55 KB
the cautious seldom err....C
  • #2,779
  • Oct 3, 2017 5:52am Oct 3, 2017 5:52am
at be now...risk free+stress free
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 56 KB
the cautious seldom err....C
  • #2,780
  • Oct 3, 2017 7:45am Oct 3, 2017 7:45am
a pending buy was just triggered..will lock in at be once I have 15 pips on the chart..pending sell on the aussie is getting close to be triggered
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADM5.png Size: 63 KB
Click to Enlarge Name: AUDUSDM5.png Size: 52 KB
the cautious seldom err....C
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