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A very simple system - trade with arrow

  • #2,961
  • Nov 28, 2017 2:27am Nov 28, 2017 2:27am
Quoting TheScorpS
{quote} Hi pips , thanks , Helee make sure that I drop by once in a while, although I plan to give back maybe soon , for the time being this is yesterday trade on EUR/AUD for +30 pips Tried to stretch it to 50 pips but I had quite support over EMA 10 on H4 {image}
Hi Scorps,

Your Red over 50 line is the ranging indicator.

Take care

All the best
  • #2,962
  • Nov 28, 2017 3:33am Nov 28, 2017 3:33am
H4 closing in under 30 mins...it will be a rising 3 pattern unless something drastic changes this
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 64 KB
the cautious seldom err....C
  • #2,963
  • Nov 28, 2017 3:53am Nov 28, 2017 3:53am
Quoting pips29
H4 closing in under 30 mins...it will be a rising 3 pattern unless something drastic changes this {image}
Wishful thinking

i am long there too.
but from that accumulation spot it seems a good drive up.



PS: whats ur TP there? to HH on th left?
  • #2,964
  • Nov 28, 2017 3:57am Nov 28, 2017 3:57am
Quoting pips29
Taking a closer look at ecad, I reckon there is room to move further up..I reckon price will have to at least test the 1.520 or thereabout before a meaningful drop occurs...if this level is taken out easily then 1.55 is up for the taking...let's see...will post if I take a position {image} {image} {image}
I did say price will test 1.520 before a meaningful drop...will we get a rejection or will the upmove continue ?
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADWeekly.png Size: 65 KB
the cautious seldom err....C
  • #2,965
  • Nov 28, 2017 3:58am Nov 28, 2017 3:58am
Quoting Helee
{quote} Wishful thinking i am long there too. but from that accumulation spot it seems a good drive up.
I am not in yet but the loonie has given me some good pips
the cautious seldom err....C
  • #2,966
  • Nov 28, 2017 4:06am Nov 28, 2017 4:06am
g/u looking like it's gonna fall..for the past few days we got wicky tops...these are some of the things I look for before any decision. I have plotted a s/r line to see things clearer....tends to keep me out of trouble
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDailya.png Size: 50 KB
the cautious seldom err....C
  • #2,967
  • Nov 28, 2017 4:16am Nov 28, 2017 4:16am
Quoting pips29
g/u looking like it's gonna fall..for the past few days we got wicky tops...these are some of the things I look for before any decision. I have plotted a s/r line to see things clearer....tends to keep me out of trouble {image}
GU on a WCC ?

Reaching top and falling now?
  • #2,968
  • Nov 28, 2017 4:19am Nov 28, 2017 4:19am
Quoting Helee
{quote} Wishful thinking i am long there too. but from that accumulation spot it seems a good drive up. PS: whats ur TP there? to HH on th left?
The 200 ema on the daily will be my first target and the next will be 1.290..green pips to you
the cautious seldom err....C
  • #2,969
  • Nov 28, 2017 4:25am Nov 28, 2017 4:25am
as the loonie is moving up the aussie and the kiwi are moving down..I am still in my kiwi shorts from yesterday and some aussie shorts much earlier..I suspected price will test the 200 ema and it did exactly that
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH4.png Size: 69 KB
the cautious seldom err....C
  • #2,970
  • Nov 28, 2017 4:26am Nov 28, 2017 4:26am
Quoting pips29
{quote} The 200 ema on the daily will be my first target and the next will be 1.290..green pips to you

Thx a lot

Just put my TP at 1.28216, seen a lot to hit those tops and reverse.
  • #2,971
  • Nov 28, 2017 4:33am Nov 28, 2017 4:33am
[quote=Helee;10536434]{quote} GU on a WCC ? Reaching top and falling
I am not using the wcc anymore ..I have just hopped on the train going south..will add when necessary..On H1 we got a shampoo as well(H&S)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 63 KB
the cautious seldom err....C
  • #2,972
  • Nov 28, 2017 4:53am Nov 28, 2017 4:53am
[quote=pips29;10536485]
Quoting Helee
{quote} GU on a WCC ? Reaching top and falling I am not using the wcc anymore ..I have just hopped on the train going south..will add when necessary..On H1 we got a shampoo as well(H&S) {image}

Yha, nice HS there
  • #2,973
  • Edited 6:43am Nov 28, 2017 5:06am | Edited 6:43am
setting some pending sells on black gold EDit: triggered
Attached Image (click to enlarge)
Click to Enlarge Name: WTIDaily.png Size: 55 KB
the cautious seldom err....C
  • #2,974
  • Nov 28, 2017 6:39am Nov 28, 2017 6:39am
Quoting Helee
{quote} Wishful thinking i am long there too. but from that accumulation spot it seems a good drive up. PS: whats ur TP there? to HH on th left?
I have boarded this train ..choo,choo
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 65 KB
the cautious seldom err....C
  • #2,975
  • Nov 28, 2017 6:53am Nov 28, 2017 6:53am
Quoting pips29
{quote} I have boarded this train ..choo,choo {image}
Took me out on a tight SL
  • #2,976
  • Nov 28, 2017 9:04am Nov 28, 2017 9:04am
[quote=pips29;10536485]
Quoting Helee
{quote} GU on a WCC ? Reaching top and falling I am not using the wcc anymore ..I have just hopped on the train going south..will add when necessary..On H1 we got a shampoo as well(H&S) {image}
all out
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 62 KB
the cautious seldom err....C
  • #2,977
  • Nov 28, 2017 9:08am Nov 28, 2017 9:08am
Quoting pips29
{quote} I have boarded this train ..choo,choo {image}
buy limit removed and trade locked in at be....stress free
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 64 KB
the cautious seldom err....C
  • #2,978
  • Nov 28, 2017 9:11am Nov 28, 2017 9:11am
Quoting pips29
as the loonie is moving up the aussie and the kiwi are moving down..I am still in my kiwi shorts from yesterday and some aussie shorts much earlier..I suspected price will test the 200 ema and it did exactly that {image}
entry added after seeing rejection
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM5.png Size: 60 KB
the cautious seldom err....C
  • #2,979
  • Nov 28, 2017 9:45am Nov 28, 2017 9:45am
Quoting pips29
{quote} buy limit removed and trade locked in at be....stress free {image}
Damn, stopped out..luckily I took 1 off earlier
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 50 KB
the cautious seldom err....C
  • #2,980
  • Nov 28, 2017 10:46am Nov 28, 2017 10:46am
eur/aud...seeing signs of topping out on the daily...must seek Thescorps expert opinion on this
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDDaily.png Size: 44 KB
the cautious seldom err....C
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