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A very simple system - trade with arrow

  • #2,821
  • Oct 9, 2017 8:46am Oct 9, 2017 8:46am
Quoting pips29
something to keep an eye on...n/y has rejected the 78.6 fib thereby creating a -ve divergence and a ab=cd might be forming...I will wait for price to trade below the 200 ema before taking any trade {image}
price is trading below the 200 ema now
the cautious seldom err....C
  • #2,822
  • Oct 10, 2017 3:15am Oct 10, 2017 3:15am
Buying some Gold and selling some UJ
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  • #2,823
  • Oct 10, 2017 3:24am Oct 10, 2017 3:24am
And buying EU also
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  • #2,824
  • Oct 10, 2017 7:47am Oct 10, 2017 7:47am
Hmm Gold And UJ stopped out at BE, was up 20 pips but was away

EURUSD still rolling, but moved it to BE
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  • #2,825
  • Oct 10, 2017 1:46pm Oct 10, 2017 1:46pm
Added to EU and closed all. Good pips
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  • #2,826
  • Oct 13, 2017 6:49am Oct 13, 2017 6:49am
my first trade with my new account that was opened this morning...it took almost 3 days to open this acc...this account is mainly for trend following strategy and my intention is not to keep trades overnight..I have another acc. for longer term trades
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #2,827
  • Oct 13, 2017 6:56am Oct 13, 2017 6:56am
my second trade is the loonie, I had taken 50% off and moved stop to be+
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #2,828
  • Oct 13, 2017 7:23am Oct 13, 2017 7:23am
Quoting pips29
my second trade is the loonie, I had taken 50% off and moved stop to be+ {image}
taking this out just ahead of target with red news from the US soon...my daily quota+bonus already achieved...might close shop early...let's see
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #2,829
  • Oct 13, 2017 10:05am Oct 13, 2017 10:05am
taken 1 out and moved stop to be+...stress free+free trade
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #2,830
  • Edited Oct 14, 2017 5:44am Oct 13, 2017 11:39am | Edited Oct 14, 2017 5:44am
taking small pips but amounting to a nice total today for my brand new acc...all winners, can't get any better EDit: just realised upon checking ,there was a small loss on a/u
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #2,831
  • Oct 13, 2017 11:42am Oct 13, 2017 11:42am
would have made another 20 pips had I not moved my stop so soon
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM5.png Size: 54 KB
the cautious seldom err....C
  • #2,832
  • Oct 13, 2017 12:04pm Oct 13, 2017 12:04pm
I have made enough pips and calling it a day...no outstanding positions..enjoy the weekend
Attached Image(s) (click to enlarge)
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the cautious seldom err....C
  • #2,833
  • Oct 14, 2017 10:50am Oct 14, 2017 10:50am
I seldom trade this pair but on this occasion I will as the weekly and daily are looking bearish..On the 4 hour chart below we have a decisive break of the 200 ema...as long as price remains below the 200 ema I will look for shorts only using the 5 or 15 min tf ..E/G is bearish too imo
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #2,834
  • Oct 14, 2017 10:56am Oct 14, 2017 10:56am
Of all the yen pairs this might be good for a short....price has cleared the s/r on H4 and daily/weekly printed bearish candles
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #2,835
  • Oct 16, 2017 6:03am Oct 16, 2017 6:03am
closing the loonie for some pips .. I took a small loss on another pair this morning.I will show the TE once I am done trading for the day
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #2,836
  • Oct 16, 2017 6:08am Oct 16, 2017 6:08am
I have already reached the target of 50 pips a day after accounting for the small loss...however I do have another pair going
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #2,837
  • Oct 16, 2017 6:11am Oct 16, 2017 6:11am
Quoting pips29
Of all the yen pairs this might be good for a short....price has cleared the s/r on H4 and daily/weekly printed bearish candles {image}
the only pair left on this account
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPYM5.png Size: 58 KB
the cautious seldom err....C
  • #2,838
  • Oct 16, 2017 9:57am Oct 16, 2017 9:57am
I added entry but was too slow to take profit at the adr...anyway, quota reached + bonus...taking it easy now
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM5.png Size: 48 KB
the cautious seldom err....C
  • #2,839
  • Oct 17, 2017 9:32am Oct 17, 2017 9:32am
Yesterday, my trades ended at b/e...much better today
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 51 KB
Click to Enlarge Name: USDCADM5.png Size: 54 KB
Click to Enlarge Name: EURUSDM5.png Size: 51 KB
the cautious seldom err....C
  • #2,840
  • Oct 18, 2017 11:03am Oct 18, 2017 11:03am
Hi Pips29, Can you tell me what rules to use to enter the market?

Thanks
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