A very simple system - trade with arrow | Page 195 | Forex Factory

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A very simple system - trade with arrow

  • #3,881
  • Oct 20, 2018 6:21am Oct 20, 2018 6:21am
I have just spent the last hour or more looking at some charts and nzd caught my eye..Have you look at the charts yet?
the cautious seldom err....C
  • #3,882
  • Oct 21, 2018 8:18am Oct 21, 2018 8:18am
This was an impulse trade I took last Friday..I had already logged off from the computer for the day and had no intention of entering any more trades. I happened to take a look using mobile and was surprised that price shot up and started falling after hitting the 34 ema. I only saw it falling and not when it was going up.. Without hesistation I pulled the trigger with a small entry..Let's see how this will turn out. Please note this is not in line with the trend following set up used here. Perhaps I shouldn't post this but being Sunday and nothing much else to do , I guess there's no harm done
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #3,883
  • Oct 21, 2018 8:57am Oct 21, 2018 8:57am
Does anyone know what X-man is doing now?
the cautious seldom err....C
  • #3,884
  • Oct 21, 2018 10:49am Oct 21, 2018 10:49am
Quoting pips29
I have just spent the last hour or more looking at some charts and nzd caught my eye..Have you look at the charts yet?
cad also worth a look with the large thrust up last week.. let's see
Do it like a Fool
  • #3,885
  • Oct 21, 2018 10:58am Oct 21, 2018 10:58am
Quoting Foolsgame
{quote} cad also worth a look with the large thrust up last week.. let's see
I will wait for Tuesday as it gets closer to rate news
the cautious seldom err....C
  • #3,886
  • Oct 22, 2018 4:55am Oct 22, 2018 4:55am
A question??
Based on this logic system, in this situation we are waiting for the pullback and enter or can be traded with cross ema s?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 100 KB
Persian Gulf forever
  • #3,887
  • Oct 22, 2018 5:22am Oct 22, 2018 5:22am
Trade what you see, not what you think!
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURCADM152210.png Size: 90 KB
Persian Gulf forever
  • #3,888
  • Oct 22, 2018 5:41am Oct 22, 2018 5:41am
Quoting parsfx
A question?? Based on this logic system, in this situation we are waiting for the pullback and enter or can be traded with cross ema s? {image}
If you enter now it would be a bit risky for price has pulled away from the pivot earlier where you could have taken a short like I did..pound is volatile so you have to trade with caution..If I were you I would look at other set ups with the pound
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 61 KB
the cautious seldom err....C
  • #3,889
  • Oct 22, 2018 5:50am Oct 22, 2018 5:50am
Quoting parsfx
Trade what you see, not what you think! {image} {image}
Be careful with ecad as price is facing the pivot and more importantly a couple of emas nearby. I would wait for price to clear this area before taking a short..
the cautious seldom err....C
  • #3,890
  • Oct 22, 2018 6:09am Oct 22, 2018 6:09am
Considering HH HL, EURGBP trade.
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  • #3,891
  • Oct 22, 2018 6:10am Oct 22, 2018 6:10am
Caught some sharp fall on GBPUSD.
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  • #3,892
  • Oct 22, 2018 6:24am Oct 22, 2018 6:24am
target hit
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Click to Enlarge Name: GBPUSDM15.png Size: 61 KB
the cautious seldom err....C
  • #3,893
  • Oct 22, 2018 7:05am Oct 22, 2018 7:05am
Good afternoon everyone. This thread my first post.

By chance I saw this thread then I learned strategy of this thread.

IMO it is very useful trend following trading (buying dips & selling rallies)


Today I missed Gu short bcz I expected retrace to short but it dropped without retrace nicely

Instead of I short GA and GN
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 20181022ga.png Size: 75 KB
Click to Enlarge Name: 20181022gn.png Size: 76 KB
1 see confirmation till the end 2. set SL and never cancel it
  • #3,894
  • Oct 22, 2018 7:06am Oct 22, 2018 7:06am
Quoting pips29
target hit {image}
Nice, I was having almost the same TP but closed trade earlier considering support at this point although SL was moved to BE, my mistake but no regression, trade closed in plus.
  • #3,895
  • Oct 22, 2018 7:10am Oct 22, 2018 7:10am
Quoting pundit78
{quote} Nice, I was having almost the same TP but closed trade earlier considering support at this point although SL was moved to BE, my mistake but no regression, trade closed in plus.
yes, green pips is what we are looking for..size is relative
the cautious seldom err....C
  • #3,896
  • Oct 22, 2018 7:10am Oct 22, 2018 7:10am
this thread is going lively. got my GN short a while ago after just open my PC .
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM15.png Size: 61 KB
Do it like a Fool
  • #3,897
  • Oct 22, 2018 7:15am Oct 22, 2018 7:15am
I am pretty happy with this pair..Earlier entry ended in green pips but was not I was looking for..so I made another entry and had taken the meat out. I am just leaving a little bit left for target which I lowered in line with momentum..It's now either stop or target...stress free+ pips...and a very good afternoon to you guys..I see Parsfx smiling in a corner
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM15.png Size: 65 KB
the cautious seldom err....C
  • #3,898
  • Oct 22, 2018 7:27am Oct 22, 2018 7:27am
I am into GBPCAD almost same setup as of GBPNZD, SL moved to BE, free trade now.
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  • #3,899
  • Oct 22, 2018 7:31am Oct 22, 2018 7:31am
As i could not monitor too many pairs, I had to let the dragon off (sigh) and took g/aud instead..It's playing out nicely
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM15.png Size: 65 KB
the cautious seldom err....C
  • #3,900
  • Oct 22, 2018 7:35am Oct 22, 2018 7:35am
Quoting pundit78
I am into GBPCAD almost same setup as of GBPNZD, SL moved to BE, free trade now. {image}
can't be any better than a stress free trade. The only reason I was not attracted to either gacd and/or ecad is because of the loonie..pa on that pair is not bearish to me..anyway, for those who have entered at a good price you did better than me and deserve a pat on the back
the cautious seldom err....C
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