A very simple system - trade with arrow | Page 184 | Forex Factory

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A very simple system - trade with arrow

  • #3,661
  • Oct 12, 2018 9:18am Oct 12, 2018 9:18am
Quoting pips29
I am experiencing frequent loss of internet connection from the broker and so I will quickly grab my pips whenever possible..another grab here...a conservative entry as I waited for price to get below the pivot but safer {image}
man, you are gold digger. still finding my first trade
Do it like a Fool
  • #3,662
  • Oct 12, 2018 9:19am Oct 12, 2018 9:19am
Thanks pips

I see what you mean. closed out just at the right time for about 15 points

in on the yen at the moment. only checked 1H and 4H both down. D1 up. So lets see, watching daily open line for bounce. a bit of div on cci if that takes your fancy.

Lots to learn.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCHF1.GIF Size: 41 KB
Click to Enlarge Name: USDJPY1.GIF Size: 56 KB
  • #3,663
  • Oct 12, 2018 9:32am Oct 12, 2018 9:32am
Quoting Fantuz
Thanks pips I see what you mean. closed out just at the right time for about 15 points in on the yen at the moment. only checked 1H and 4H both down. D1 up. So lets see, watching daily open line for bounce. a bit of div on cci if that takes your fancy. Lots to learn. {image} {image}
IMHO, the pair volatile is quite low, look a the adr... not worth the play
Do it like a Fool
  • #3,664
  • Oct 12, 2018 9:36am Oct 12, 2018 9:36am
yesterday's closing was so strong and bullish for the aussie..today it looks so dazed so far not knowing where to go...the buyers must have gone home
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 52 KB
the cautious seldom err....C
  • #3,665
  • Oct 12, 2018 9:43am Oct 12, 2018 9:43am
Quoting Fantuz
Thanks pips I see what you mean. closed out just at the right time for about 15 points in on the yen at the moment. only checked 1H and 4H both down. D1 up. So lets see, watching daily open line for bounce. a bit of div on cci if that takes your fancy. Lots to learn. {image} {image}
I guess you have taken profit...don't get me wrong ...I'm not saying it is a bad trade ,,what I'm saying is there are better set up on other pairs..here's the daily chart ..the wicks show sellers
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFDaily.png Size: 59 KB
the cautious seldom err....C
  • #3,666
  • Oct 12, 2018 9:53am Oct 12, 2018 9:53am
this pair has been generous in providing many possible entries..I just marked a few..I did not take this as I was on other pairs..
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM15.png Size: 60 KB
the cautious seldom err....C
  • #3,667
  • Oct 12, 2018 10:07am Oct 12, 2018 10:07am
because I missed the above trade (Ecad), I took a look at gcad and took an entry..there was a spike up which was on all sterling pairs which I only found out later on but price is now doing what I wish for..I went in with smaller position as price has moved quite a bit before my entry...taken 2/3 off and leaving the remainder for lower target or stop...no biggie...I have boost my account by quite a bit today...the best day of the week for me..this set up was based on the 200 ema and the 10/34 ema
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 59 KB
the cautious seldom err....C
  • #3,668
  • Oct 12, 2018 10:23am Oct 12, 2018 10:23am
Quoting Foolsgame
{quote} man, you are gold digger. still finding my first trade
ehh, how old are you ? why so slow, man?
the cautious seldom err....C
  • #3,669
  • Oct 12, 2018 10:31am Oct 12, 2018 10:31am
Thanks pips

Yes a lot to take note of. Will keep going. 30 points for 1st day ok for me. closed out UJ
  • #3,670
  • Oct 12, 2018 10:32am Oct 12, 2018 10:32am
Quoting pips29
{quote} ehh, how old are you ? why so slow, man?
hahaha...im not that sharp as you bro. got an ucad buy and close it BE as im closing my PC. ciao bro
Do it like a Fool
  • #3,671
  • Oct 12, 2018 10:35am Oct 12, 2018 10:35am
good night bro.
the cautious seldom err....C
  • #3,672
  • Oct 12, 2018 10:35am Oct 12, 2018 10:35am
Quoting Fantuz
Thanks pips Yes a lot to take note of. Will keep going. 30 points for 1st day ok for me. closed out UJ
btw,make sure you shift your pivot back to "0". as the default was 5.
Do it like a Fool
  • #3,673
  • Oct 12, 2018 10:41am Oct 12, 2018 10:41am
thanks FG

Pips, just to check. it looks like you wait for retrace into the 10/34 band before you take trade. you dont do the arrow? you find this more acurate?
  • #3,674
  • Oct 12, 2018 10:41am Oct 12, 2018 10:41am
Quoting Foolsgame
{quote} hahaha...im not that sharp as you bro. got an ucad buy and close it BE as im closing my PC. ciao bro
the loonie is for next week imo
the cautious seldom err....C
  • #3,675
  • Oct 12, 2018 10:54am Oct 12, 2018 10:54am
Quoting Fantuz
thanks FG Pips, just to check. it looks like you wait for retrace into the 10/34 band before you take trade. you dont do the arrow? you find this more acurate?
you are right that I don't use the arrow..FG likes it..I use the 10/34 ema as the basic set up..The 34 ema on the H4 is very good as S/R..Take a look at audyen and you will know what I mean. I often trade these set ups which I will not show as I think the basic set up is good enough when trading with the trend..I would advise to trade away from the pivot to be in line with the trend...trading towards the pivot is CT and if you are experience enough you can do that too..traders often get greedy and will CT trading as they perceive the trend is turning..why do that when you are just guessing..just trade what is already there for you to see..leave picking tops and bottoms alone and you won't get your fingers burnt and smelly too.
the cautious seldom err....C
  • #3,676
  • Oct 13, 2018 4:39am Oct 13, 2018 4:39am
Hello traders, I wanna ask which timeframe you can suggest as the best for this system. Thanks for answer
  • #3,677
  • Oct 13, 2018 6:31am Oct 13, 2018 6:31am
When I log in a short while ago all my charts were gone and this was on the screen..I now have the tiresome process of reworking the charts..wtf!
Attached Image (click to enlarge)
Click to Enlarge Name: print.PNG Size: 23 KB
the cautious seldom err....C
  • #3,678
  • Oct 13, 2018 6:34am Oct 13, 2018 6:34am
Quoting spojka
Hello traders, I wanna ask which timeframe you can suggest as the best for this system. Thanks for answer
it works on all time frames
the cautious seldom err....C
  • #3,679
  • Oct 13, 2018 7:53am Oct 13, 2018 7:53am
Quoting pips29
When I log in a short while ago all my charts were gone and this was on the screen..I now have the tiresome process of reworking the charts..wtf! {image}
Did u correct the problem?

If not try loading a default chart and then open the template on top... dont u have a saved template??

take care
  • #3,680
  • Oct 13, 2018 7:54am Oct 13, 2018 7:54am
Quoting pips29
{quote} it works on all time frames
but one must be prefered
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