A very simple system - trade with arrow | Page 198 | Forex Factory

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A very simple system - trade with arrow

  • #3,941
  • Oct 24, 2018 2:10am Oct 24, 2018 2:10am
Hi friends, can someone say me which pairs are most suitable with this system?
  • #3,942
  • Oct 24, 2018 2:20am Oct 24, 2018 2:20am
Quoting parsfx
{quote} Please take a look at the big picture. In the H4 you had a candle with a Long tail. Location: It was in a great resistance.The condition of breaking the resistance is the price of it and closing the curtain behind the resistance and continuing to move in the direction at H4 m15: see double top pattern for exit with a low loss.
yes double top caught my attention but I did not close the trade, emotions... very bad, actually I was in good profit so thought let the profit wipe out so took risk, I forgot the Principle .. one mistake and you are gone, I won't repeat it.
  • #3,943
  • Oct 24, 2018 2:37am Oct 24, 2018 2:37am
I gotta go outside so I set TS in Eu short... out. However small profit is also profit and fortunately GU short is on going
Attached Image (click to enlarge)
Click to Enlarge Name: 1024eu.png Size: 76 KB
1 see confirmation till the end 2. set SL and never cancel it
  • #3,944
  • Oct 24, 2018 2:55am Oct 24, 2018 2:55am
Quoting pundit78
{quote} yes double top caught my attention but I did not close the trade, emotions... very bad, actually I was in good profit so thought let the profit wipe out so took risk, I forgot the Principle .. one mistake and you are gone, I won't repeat it.
Reading psychological books will be very helpful to us. I've read The Compound Effect Darren Hrady so many times.
Persian Gulf forever
  • #3,945
  • Oct 24, 2018 2:56am Oct 24, 2018 2:56am
GN +20 pips
Attached Image (click to enlarge)
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Persian Gulf forever
  • #3,946
  • Oct 24, 2018 3:05am Oct 24, 2018 3:05am
Quoting parsfx
{quote} Reading psychological books will be very helpful to us. I've read The Compound Effect Darren Hrady so many times.
Thanks, I will have a look.
  • #3,947
  • Oct 24, 2018 3:09am Oct 24, 2018 3:09am
most of the scaling was done using the mobile, only the last one was when I logged on with my notebook...I'm happy and a good morning guys..Trade was done yesterday and was in slight dd
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM15.png Size: 60 KB
the cautious seldom err....C
  • #3,948
  • Oct 24, 2018 3:11am Oct 24, 2018 3:11am
I have this going now..missed scaling out 2 candles ago
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM15.png Size: 64 KB
the cautious seldom err....C
  • #3,949
  • Oct 24, 2018 3:15am Oct 24, 2018 3:15am
In on GU, will see how far we're going to get with this one.

Some part already locked in.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 61 KB
  • #3,950
  • Oct 24, 2018 3:16am Oct 24, 2018 3:16am
Quoting pundit78
Opened trading in Asian session Total 40 pips {image}
Please learn from your mistakes..Do not let losers run and winners short
the cautious seldom err....C
  • #3,951
  • Oct 24, 2018 3:18am Oct 24, 2018 3:18am
Quoting parsfx
GN +20 pips {image}
very good trend trading according to the method. You will find more winners this way
the cautious seldom err....C
  • #3,952
  • Oct 24, 2018 3:19am Oct 24, 2018 3:19am
Quoting pips29
{quote} Please learn from your mistakes..Do not let losers run and winners short
Thanks I will take care, yes it was again a mistake to close this trade as SL was moved to BE, could have good profit.
  • #3,953
  • Oct 24, 2018 3:22am Oct 24, 2018 3:22am
SL moved to BE, now free trade.
Attached Image (click to enlarge)
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  • #3,954
  • Oct 24, 2018 3:30am Oct 24, 2018 3:30am
Quoting KORTrader
I gotta go outside so I set TS in Eu short... out. However small profit is also profit and fortunately GU short is on going {image}
a very good entry and yes small profit is also profit..in trading you must have this kind of mindset..We love bumper profits ,don't we? but sometimes circumstances get in the way and we get out with smaller profits, so what? You got out in the green whereas many got out in the red...well done
the cautious seldom err....C
  • #3,955
  • Oct 24, 2018 3:33am Oct 24, 2018 3:33am
Quoting pundit78
SL moved to BE, now free trade. {image}
I am on the "tamer" one..yours is fiery
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 62 KB
the cautious seldom err....C
  • #3,956
  • Oct 24, 2018 3:39am Oct 24, 2018 3:39am
discipline : 25 Rules Of Trading
Attached File(s)
File Type: pdf Zalesky Doug - 25 Rules Of Trading.pdf   122 KB | 438 downloads
Persian Gulf forever
  • #3,957
  • Oct 24, 2018 3:52am Oct 24, 2018 3:52am
Quoting pips29
{quote} I am on the "tamer" one..yours is fiery {image}
TP hit finally.

Pips gained 34
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 29 KB
  • #3,958
  • Oct 24, 2018 3:52am Oct 24, 2018 3:52am
GU +48 pips at the moment
moved SL to BE +28
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 75 KB
  • #3,959
  • Oct 24, 2018 4:00am Oct 24, 2018 4:00am
I see you guys are getting the hang of this method. Once I feel it's time I will introduce another aspect of trading this method which complement this method and will probably make you the 5% of traders in the world
the cautious seldom err....C
  • #3,960
  • Oct 24, 2018 4:09am Oct 24, 2018 4:09am
just yesterday, I told you I made a couple of losses, look how fast you can recover using this method.. I'm not trying to show off but to reassure you that you can recover sticking to the strategy
Attached Image
the cautious seldom err....C
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