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A very simple system - trade with arrow

  • #3,301
  • May 2, 2018 8:36am May 2, 2018 8:36am
might go long when I see a nice close above
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 61 KB
the cautious seldom err....C
  • #3,302
  • May 2, 2018 8:42am May 2, 2018 8:42am
was anxious and gone in on a break rather than a close,hence not doing the same with gcad
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Click to Enlarge Name: AUDCADM15.png Size: 65 KB
the cautious seldom err....C
  • #3,303
  • May 2, 2018 9:30am May 2, 2018 9:30am
Quoting pips29
was anxious and gone in on a break rather than a close,hence not doing the same with gcad {image}
Hi Pips29 -just one question - After how many pips do you move your SL to break even? Thanks
I trade to kill time and you?
  • #3,304
  • May 2, 2018 9:53am May 2, 2018 9:53am
It really depends on the trade I took...if it's a ct trade I put in at b/e as soon as possible when I have several entries. On a single entry, I tend to scale out partial and moved the stop to b/e when I am up say 15-20 pips..I do not have a fixed rule because it depends on the pair I am trading, whether the moves are slow or jerky..On the kiwi because I had 3 entries I was trying my best to get to b/e as quickly as I can and sometimes this means getting stopped out and then price moves in your direction...a case of regret doing it or regret not doing it..only hindsight can tell
the cautious seldom err....C
  • #3,305
  • May 2, 2018 10:00am May 2, 2018 10:00am
this was a ct trade I took earlier...was not going to post here as I prefer to show trend trading set ups so as not to confuse those who might be new to trading
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM5.png Size: 62 KB
the cautious seldom err....C
  • #3,306
  • May 2, 2018 10:06am May 2, 2018 10:06am
Quoting pips29
was anxious and gone in on a break rather than a close,hence not doing the same with gcad {image}
this is getting desperately close to my stop..that is why waiting for close rather than a break can save your skin
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM15.png Size: 67 KB
the cautious seldom err....C
  • #3,307
  • May 2, 2018 10:13am May 2, 2018 10:13am
even with higher build up of crude inventory, price went up...hugely manipulated
Attached Image (click to enlarge)
Click to Enlarge Name: WTIM30.png Size: 54 KB
the cautious seldom err....C
  • #3,308
  • May 2, 2018 10:18am May 2, 2018 10:18am
waiting to take partial and lock in at b/e
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 60 KB
the cautious seldom err....C
  • #3,309
  • May 2, 2018 10:21am May 2, 2018 10:21am
Quoting pips29
waiting to take partial and lock in at b/e {image}
I am watching ....very interesting indeed
I trade to kill time and you?
  • #3,310
  • May 2, 2018 10:27am May 2, 2018 10:27am
Quoting pips29
might go long when I see a nice close above {image}
how a close of the candle can save you from losing 50 pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 59 KB
the cautious seldom err....C
  • #3,311
  • May 2, 2018 10:33am May 2, 2018 10:33am
Quoting pips29
waiting to take partial and lock in at b/e {image}
have just done that and stress free trade now...I have to leave the house at 6pm and so will miss fomc..EDit: putting in my target as well
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15a.png Size: 61 KB
the cautious seldom err....C
  • #3,312
  • May 2, 2018 1:30pm May 2, 2018 1:30pm
Both the platforms I have froze again when fomc came on...took longer than 20 mins to get on and looking at a gap with this "dragon" trade...anybody can recommend a platform that doesn't freeze ?? and I was rushing home to see some action and all I saw was price was motionless..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 62 KB
the cautious seldom err....C
  • #3,313
  • May 2, 2018 1:37pm May 2, 2018 1:37pm
Quoting pips29
Both the platforms I have froze again when fomc came on...took longer than 20 mins to get on and looking at a gap with this "dragon" trade...anybody can recommend a platform that doesn't freeze ?? and I was rushing home to see some action and all I saw was price was motionless.. {image}
I think that hapens with demo accounts ....!
  • #3,314
  • May 2, 2018 1:40pm May 2, 2018 1:40pm
Quoting mizi123
{quote} I think that hapens with demo accounts ....!
ha,ha you pulling my leg as demo always worked problem free if I am not mistaken
the cautious seldom err....C
  • #3,315
  • May 2, 2018 1:42pm May 2, 2018 1:42pm
still experiencing problems with the platforms..I am locking this in at b/e now just in case
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM15.png Size: 68 KB
the cautious seldom err....C
  • #3,316
  • May 2, 2018 1:43pm May 2, 2018 1:43pm
Quoting mizi123
{quote} I think that hapens with demo accounts ....!
any problem free brokers you can reccomend, Mizi
the cautious seldom err....C
  • #3,317
  • May 2, 2018 1:57pm May 2, 2018 1:57pm
Quoting pips29
{quote} any problem free brokers you can reccomend, Mizi
Im soory Pips i never think about that you play demo i really have seen that think happens with demo account (freezing) really i think you have to ask from your broker to change your server they can do these i know! Im soory once again.
  • #3,318
  • May 2, 2018 2:42pm May 2, 2018 2:42pm
Quoting mizi123
{quote} Im soory Pips i never think about that you play demo i really have seen that think happens with demo account (freezing) really i think you have to ask from your broker to change your server they can do these i know! Im soory once again.
no problem mizi. Before I sign up I will test the platform and read the reviews .The reviews always say while demoing the platform always worked and when they trade live the problems start. any.recommendations
the cautious seldom err....C
  • #3,319
  • May 2, 2018 5:16pm May 2, 2018 5:16pm
Quoting pips29
{quote} no problem mizi. Before I sign up I will test the platform and read the reviews .The reviews always say while demoing the platform always worked and when they trade live the problems start. any.recommendations
Hi Eric,

Mine dont freeze, i also had problems with a previous broker that use to freeze while on volatility.
I trade with Hot forex, ( https://www.hfeu.com/eu/en/index.html ) but they aren't to friendly on spreads.

I have Tickmill ( https://tickmill.com/ ) on demo and seems good .

take care
  • #3,320
  • May 2, 2018 5:22pm May 2, 2018 5:22pm
Quoting Helee
{quote} Hi Eric, Mine dont freeze, i also had problems with a previous broker that use to freeze while on volatility. I trade with Hot forex, ( https://www.hfeu.com/eu/en/index.html ) but they aren't to friendly on spreads. I have Tickmill ( https://tickmill.com/ ) on demo and seems good . take care
thks Helee. I hope they are regulated . I am also having problems with Tickmill real. Gkfx is problem free but spreads are wide especially cross pairs .Withdrawals are very good
the cautious seldom err....C
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