A very simple system - trade with arrow | Page 182 | Forex Factory

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A very simple system - trade with arrow

  • #3,621
  • Oct 9, 2018 9:48am Oct 9, 2018 9:48am
Quoting Foolsgame
{quote} hitting 1.7000 nicely, nice job bro!!
very little left for target..I nearly wet my pants when it started falling
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 75 KB
the cautious seldom err....C
  • #3,622
  • Oct 9, 2018 9:49am Oct 9, 2018 9:49am
Quoting Foolsgame
{quote} a bit up and down but still good overall. thats why i got mytime here at night for NY open till London close. update mytemplate, let me know anything need add for me to update #post 1. {image}
oh ya, i will take off the zz semaphor and HA candle for the template as both is my personal favourite indicator for visual purpose. wont make mch diferent.
Do it like a Fool
  • #3,623
  • Oct 9, 2018 9:50am Oct 9, 2018 9:50am
Quoting pips29
{quote} very little left for target..I nearly wet my pants when it started falling {image}
i doubt you wet your pants
Do it like a Fool
  • #3,624
  • Oct 9, 2018 9:52am Oct 9, 2018 9:52am
Quoting Foolsgame
{quote} a bit up and down but still good overall. thats why i got mytime here at night for NY open till London close. update mytemplate, let me know anything need add for me to update #post 1. {image}
yes looks alright..put the daily pivots on...it's now part of the strategy
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 80 KB
Attached File(s)
File Type: ex4 Pivot Points - Daily (Shifted).ex4   21 KB | 791 downloads
the cautious seldom err....C
  • #3,625
  • Oct 9, 2018 10:07am Oct 9, 2018 10:07am
Quoting pips29
{quote} yes looks alright..put the daily pivots on...it's now part of the strategy {image} {file}
final template will be like this. i will post it up tomorrow, gonna go to bed now.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 64 KB
Do it like a Fool
  • #3,626
  • Oct 9, 2018 10:13am Oct 9, 2018 10:13am
Quoting Foolsgame
{quote} final template will be like this. i will post it up tomorrow, gonna go to bed now. {image}
adjust the pivot to 0 hours and fine tune the ribbon a bit to get a clearer view
the cautious seldom err....C
  • #3,627
  • Oct 9, 2018 10:41am Oct 9, 2018 10:41am
Quoting pips29
as all my earlier trades are locked in with some green pips I went roaming and found these..gotta watch them as they can be a pain in the bxxt {image} {image}
gnzd turning out to be a good trade after all...I am leaving 20% of my initial entry for target which is quite high up on the chart... my chart might look a bit different as I have to switch to another laptop as the previous seemed to be overheated trading the sterling pairs, ha, ha
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM15.png Size: 70 KB
the cautious seldom err....C
  • #3,628
  • Oct 9, 2018 11:16am Oct 9, 2018 11:16am
this is a CT trade and so only for the more experienced...will add accordingly
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 70 KB
the cautious seldom err....C
  • #3,629
  • Oct 9, 2018 5:04pm Oct 9, 2018 5:04pm
Hi Eric,
How do you interpret the CCI?
How do you apply it to the entry?
Your trade order needs to be in the right place at the right time.
  • #3,630
  • Oct 9, 2018 5:42pm Oct 9, 2018 5:42pm
Quoting Islandfx911
Hi Eric, How do you interpret the CCI? How do you apply it to the entry?
the 50 cci is the one you should watch when entering a trade. only long when it's above 0 and vice versa...the 14 can be used to time the entry..When going long it's good that it's coming up from below the 0 level and the opposite when going short...it is important that you trade in line with the 50, meaning you are trading the trend. Of course you can trade CT if you are able to read pa well, otherwise just do trend trading. With trend trading you are starting off in the right direction until proven wrong, it's always good to start off with the right foot..hope this little bit helps..I must point out the 100 levels can be used with the 50 cci to trade too but I just want to keep it simple now and just use the 0 level
the cautious seldom err....C
  • #3,631
  • Oct 10, 2018 5:00am Oct 10, 2018 5:00am
Countertrend trade..Rejection of R1..2B pattern (I thought) and CCI crossing 50 ..although I should have closed earlier..
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla 2018-10-10 a las 11.58.06.png Size: 77 KB
“Stops don’t limit profits — they prevent disasters.”
  • #3,632
  • Oct 10, 2018 5:21am Oct 10, 2018 5:21am
Quoting Dagaco
Countertrend trade..Rejection of R1..2B pattern (I thought) and CCI crossing 50 ..although I should have closed earlier.. {image}
when doing CT it's best to have a look at where price is on H1..chances of success greatly improves when price is below the 34 ema
the cautious seldom err....C
  • #3,633
  • Oct 10, 2018 6:53am Oct 10, 2018 6:53am
#post 1 update with newest template, have fun guys!!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 72 KB
Do it like a Fool
  • #3,634
  • Oct 10, 2018 7:40am Oct 10, 2018 7:40am
decided to pull my first trigger today
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 67 KB
Do it like a Fool
  • #3,635
  • Oct 10, 2018 9:05am Oct 10, 2018 9:05am
Lets see how it goes..
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla 2018-10-10 a las 16.04.53.png Size: 75 KB
“Stops don’t limit profits — they prevent disasters.”
  • #3,636
  • Oct 10, 2018 9:15am Oct 10, 2018 9:15am
“Stops don’t limit profits — they prevent disasters.”
  • #3,637
  • Oct 10, 2018 9:46am Oct 10, 2018 9:46am
I was rather busy earlier on and do not have the time to trade and monitor...here's an example of a perfect entry..price is above the pivot,10,34 and 200 ema and just look at the beautiful trend...a good trend is when price hardly touches the 34 ema when moving up in this case..even if price touches , a rejection candle would be good enough that the trend continues...try and look for such stuff and you should be alright...just put in more practice I guess
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM15.png Size: 66 KB
the cautious seldom err....C
  • #3,638
  • Oct 10, 2018 9:50am Oct 10, 2018 9:50am
this is building up and looking like a nice trend
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 67 KB
the cautious seldom err....C
  • #3,639
  • Oct 10, 2018 10:07am Oct 10, 2018 10:07am
Quoting Dagaco
Lets see how it goes.. {image}
turning out to be a good trade for you...why didn't you take the entry after the candle closed below the pivot..the 50 cci has just moved below the 0 level joining his younger and faster cousin (14)
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.rM15a.png Size: 63 KB
the cautious seldom err....C
  • #3,640
  • Oct 10, 2018 10:21am Oct 10, 2018 10:21am
not liking the pa I decided to close it with a loss though my stop was never threaten...perhaps it's one of those days when things seem to be slightly off...just remember there's always tomorrow
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 58 KB
the cautious seldom err....C
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