A very simple system - trade with arrow | Page 185 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Need help for this very very simple indicator 1 reply

Looking for simple arrow indicator 0 replies

lets develop a system which is very very simple but effective. 7 replies

Can anyone add a simple crossover arrow to this? 2 replies

mt4 coder needed for a very very simple system 2 replies

Attachments: A very simple system - trade with arrow
Exit Attachments

A very simple system - trade with arrow

  • #3,681
  • Oct 13, 2018 6:01am Oct 13, 2018 6:01am
Quoting Helee
{quote} 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
I have not done anything yet but will start now. The thing is I was having connection problems with this platform for the whole week and in fact I missed a couple of good entries as a result. My other platform is working properly and I will try and copy from that platform over to ic markets..I know you know my limited knowledge of computer but I'm improving slightly..I used to take about an hour to rework my charts but hopefully it won't take such a long time. thks anyway
the cautious seldom err....C
  • #3,682
  • Oct 13, 2018 6:04am Oct 13, 2018 6:04am
Quoting spojka
{quote} but one must be prefered
it depends on you,,like time constraints, the number of pips you want from your trade, how you feel about risk, how often you want to trade..In other words you have to find a tf that suits you..
the cautious seldom err....C
  • #3,683
  • Oct 13, 2018 6:04am Oct 13, 2018 6:04am
I will do my charts now, bbl
the cautious seldom err....C
  • #3,684
  • Oct 13, 2018 6:21am Oct 13, 2018 6:21am
thanks Helee. I did my charts in record time..how can I return your favour..maybe an analysis of a pair..I have free time now
the cautious seldom err....C
  • #3,685
  • Oct 13, 2018 7:50am Oct 13, 2018 7:50am
Quoting pips29
{quote} it depends on you,,like time constraints, the number of pips you want from your trade, how you feel about risk, how often you want to trade..In other words you have to find a tf that suits you..
thank you for quick reply. But please write me if iit is possible, which is best according your experiences
  • #3,686
  • Oct 13, 2018 11:15am Oct 13, 2018 11:15am
Good day traders.
I realize that this strategy has changed a bit given the introduction of the CCI as opposed to TDI that started the thread.

Can anyone (FG, Pips29) guide as to where to start reading to be up to speed with this trading system
  • #3,687
  • Oct 13, 2018 1:01pm Oct 13, 2018 1:01pm
I recommend reading the whole thread so you can understand the development of it. Yes it's a lot but as far as trading with the trend there is not many better here. Pips29 has a LOT of insight and I believe a picture says a 1000 words.

Volatility H4 H1 down m15 in a down trend some space on adr and away from pivots you should have a good sell for example.

Just my input is I break a system down into its component parts when I'm learning it. I try to understand each indie and how it reacts to the others. Then you should have a AHA! moment. If not then look for something that suits you style better .

Also maybe watch only a few pairs to get the feel of it. Multiple charts confuse me more when I'm trying to learn something. You have correlation, news etc to keep an eye on as well.

Difficult to make a $ but I can see this system working for me long term.
  • #3,688
  • Oct 13, 2018 4:04pm Oct 13, 2018 4:04pm
Quoting spojka
{quote} thank you for quick reply. But please write me if iit is possible, which is best according your experiences
we trade mainly lower tf here like H1,M15 and M5 but if you like H4 here's a chart
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 67 KB
the cautious seldom err....C
  • #3,689
  • Oct 13, 2018 4:13pm Oct 13, 2018 4:13pm
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 only realised now that you had taken u/y trade . I thought it was the swissy only. When I am trading and posting I normally take quick glances and missed your yen trade..The colours on your chart are too bright for me and perhaps the reason I missed it..Anyway it was a good trade in line with everything I have mentioned..Just keep doing this until it becomes boring to you.
the cautious seldom err....C
  • #3,690
  • Oct 13, 2018 10:26pm Oct 13, 2018 10:26pm
Love that's so many guys is looking at this thread. Let us squeeze knowledge out from bro pips with tons of quedtion.hehe
Do it like a Fool
  • #3,691
  • Oct 14, 2018 1:20am Oct 14, 2018 1:20am
Quoting Foolsgame
TREND when you glance all the trading system and any people always says look for trend. SO what is trend?? i will like to put trend into two areas, current time frame trend and larger picture trend: Current Time Frame trend 1. 10/34 ema crossover or the where the lastest arrow pointed to. 2. trade away from pivot and daily open line. 3. try to look HH, HL, LH,LL if youm don understand, please go to search it. you are online now if you are opening this thread. 4. trade away from 200 ema(optional) Larger picture trend Higher TF movement, MA's anything...
update post 1 with some rules
Do it like a Fool
  • #3,692
  • Oct 14, 2018 6:52am Oct 14, 2018 6:52am
Have you taken a look at what you might like to trade, anyone? we can have a discussion...no premier league football today so I have free time
the cautious seldom err....C
  • #3,693
  • Oct 14, 2018 6:53am Oct 14, 2018 6:53am
Quoting Foolsgame
{quote} update post 1 with some rules
thks FG
the cautious seldom err....C
  • #3,694
  • Oct 15, 2018 2:22am Oct 15, 2018 2:22am
Entry at the pivot breaks! Any comments are welcome guys!
Have a good day!
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla 2018-10-15 a las 11.16.11.png Size: 72 KB
“Stops don’t limit profits — they prevent disasters.”
  • #3,695
  • Oct 15, 2018 2:26am Oct 15, 2018 2:26am
Quoting Dagaco
Entry at the pivot breaks! Any comments are welcome guys! Have a good day! {image}
yes, one comment..you can't lose now Edit: go to H4 and look for roadblocks, Dagaco
the cautious seldom err....C
  • #3,696
  • Oct 15, 2018 2:39am Oct 15, 2018 2:39am
Quoting pips29
{quote} yes, one comment..you can't lose now
I have decided to stick to the mayors until I master this method..the other day I got crazy with gbpjpy , .. If want action I go with 1 minute DAX (demo), I m also try to master another scalping strategy ..
“Stops don’t limit profits — they prevent disasters.”
  • #3,697
  • Oct 15, 2018 2:50am Oct 15, 2018 2:50am
yes go for the majors. I knew a lady who did only one trade a day and she traded eur/usd. She started off with making 30 pips and then progressed to making 50 pips per day. She was terrified of trading cable in those days but as time went by she started dabbling with usdyen..She was my internet buddy and introduced me to the double woodies cci indicator..Woodies is so complicated and I found this simpler one called Dr Bob and stuck with it ever since. I just want to say that 30 pips a day works out to a decent income over the month.
the cautious seldom err....C
  • #3,698
  • Oct 15, 2018 2:51am Oct 15, 2018 2:51am
Took the same one on EU buy. possible Res is the 200MA on 4h to keep an eye on. I'm in on Au as well.
  • #3,699
  • Oct 15, 2018 2:54am Oct 15, 2018 2:54am
what a beautiful set up on gold if I only saw it
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM15.png Size: 57 KB
the cautious seldom err....C
  • #3,700
  • Oct 15, 2018 3:00am Oct 15, 2018 3:00am
as you can see there might be some support coming soon...the momentum going down is pretty strong atm and that area of support might just give way..just something to be aware of
Attached Image (click to enlarge)
Click to Enlarge Name: DXY_Z8H4.png Size: 53 KB
the cautious seldom err....C
9 traders viewing now