A very simple system - trade with arrow | Page 217 | Forex Factory

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A very simple system - trade with arrow

  • #4,321
  • Nov 6, 2018 2:14am Nov 6, 2018 2:14am
I have taken 20% off and moving stop lower..If my reading is correct there is much room going down
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the cautious seldom err....C
  • #4,322
  • Nov 6, 2018 2:29am Nov 6, 2018 2:29am
Quoting pips29
{quote} I guess you have taken a short, it's so difficult for me to make out as my focus with my left eye is not good EDit; never mind ,my mistake as I just saw the bottom part of your post..you went long and got stopped out..If you look at my chart,price reacted at the level marked ,moreover why go long after quite a strong bearish candle...I suggest you plot levels on the chart to avoid unnecessary mistakes. I have them on my charts all the time and they kept me out of mischief almost all the time {image}
Thank. This is good advice!
Trading has been and always will be, a hard way to make an easy living.
  • #4,323
  • Nov 6, 2018 2:45am Nov 6, 2018 2:45am
closed this manually, just about 6 pips shy of target....and a good morning guys
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 77 KB
the cautious seldom err....C
  • #4,324
  • Nov 6, 2018 2:47am Nov 6, 2018 2:47am
Quoting Boobligoom
{quote} Thank. This is good advice!
that's just my opinion and how I trade
the cautious seldom err....C
  • #4,325
  • Nov 6, 2018 3:53am Nov 6, 2018 3:53am
I'm leaving the remainder for target and stop at b/e+8
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZDM15.png Size: 66 KB
Click to Enlarge Name: EURNZDDaily.png Size: 56 KB
the cautious seldom err....C
  • #4,326
  • Nov 6, 2018 3:56am Nov 6, 2018 3:56am
I thought I make use of the drop to my favour and I did
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Click to Enlarge Name: GBPUSDM15.png Size: 64 KB
the cautious seldom err....C
  • #4,327
  • Nov 6, 2018 4:07am Nov 6, 2018 4:07am
Quoting pips29
{quote} I have not taken my deposit out and decided to issue a fresh challenge to myself; to triple my acc. i.e to show 200% by X'mas .Here's a snap of what it is now {image}
might reach there sooner.. The next time I show this will be when I reach 200%. In the meantime bear with me one more time
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the cautious seldom err....C
  • #4,328
  • Nov 6, 2018 4:36am Nov 6, 2018 4:36am
I have got 3 more bullets left and looking forward to firing one @1.3120...she still has a bit of work to do before arriving at my destination...bbl
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 75 KB
the cautious seldom err....C
  • #4,329
  • Edited 6:28am Nov 6, 2018 6:02am | Edited 6:28am
gone short (smaller size) with tight stop EDit: closed at b/e ..I need to have a bit of shuteye...bbl
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Click to Enlarge Name: EURNZDM15.png Size: 68 KB
the cautious seldom err....C
  • #4,330
  • Nov 6, 2018 7:39am Nov 6, 2018 7:39am
Quoting pips29
I have got 3 more bullets left and looking forward to firing one @1.3120...she still has a bit of work to do before arriving at my destination...bbl {image}
oh!no, while I was asleep price came down and sneakily took me out. I was supposed to take a 30 min shuteye but I guess you know you can't really tell time while asleeep..anyway, I am still happy with the harvest
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 63 KB
the cautious seldom err....C
  • #4,331
  • Nov 6, 2018 7:46am Nov 6, 2018 7:46am
Although I had taken 20% off this morning this pair is taking an awful long time to bear fruit.I am considering closing it before the day is over
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Click to Enlarge Name: USDJPYH4.png Size: 65 KB
the cautious seldom err....C
  • #4,332
  • Nov 6, 2018 7:52am Nov 6, 2018 7:52am
Quoting pips29
price has been struggling to close above the level on my chart for days... {image}
Looking like it's not interested in crossing over to higher ground
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 61 KB
the cautious seldom err....C
  • #4,333
  • Nov 6, 2018 9:27am Nov 6, 2018 9:27am
I have made pips from g/u and g/y recently and thought I will try g/a this time round...let's see
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the cautious seldom err....C
  • #4,334
  • Nov 6, 2018 3:41pm Nov 6, 2018 3:41pm
Quoting pips29
I am waiting for price to trade below the level marked and then short it {image}
gone short
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Click to Enlarge Name: EURGBPM15.png Size: 61 KB
the cautious seldom err....C
  • #4,335
  • Nov 6, 2018 6:53pm Nov 6, 2018 6:53pm
Quoting pips29
I have made pips from g/u and g/y recently and thought I will try g/a this time round...let's see {image}
Did it take your SL?
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  • #4,336
  • Nov 7, 2018 1:31am Nov 7, 2018 1:31am
Quoting pundit78
{quote} Did it take your SL? {image}
It would have ,had I not removed it..Maybe you don't know some of my habits..I normally remove stops before red high impact news and the changeover of the day , i.e the US session ending and Sydney take over. I had been stopped out so many times before with the widening of spreads that I make it a habit to remove all stops but keep the targets alone. By the way, I had actually taken some profit by taking 40% off and also added an entry of the same amount of the portion taken out. As you can see I'm in some dd and I now fixed my stop at the low of the previous candle..I am able to monitor now and although I have a 100+ pips stop ,it will not get that far to my stop before I do something..hope this little bit helps
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM15.png Size: 66 KB
the cautious seldom err....C
  • #4,337
  • Nov 7, 2018 1:46am Nov 7, 2018 1:46am
aud is approaching R and .7300 should hold, otherwise I will cut off my g/a trades
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Click to Enlarge Name: AUDUSDDaily.png Size: 56 KB
the cautious seldom err....C
  • #4,338
  • Nov 7, 2018 2:00am Nov 7, 2018 2:00am
Taken partial for some profit and locked in at b/e+ As you can see the entry was just before YL..YL and YH do not influence my trading .It's there for visual purpose only
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the cautious seldom err....C
  • #4,339
  • Nov 7, 2018 2:09am Nov 7, 2018 2:09am
E/U has broken and closed above the 200 ema. The next closing will either confirm the current trend or not...I'll wait
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 63 KB
the cautious seldom err....C
  • #4,340
  • Nov 7, 2018 2:25am Nov 7, 2018 2:25am
I made some pips last night and have just added another entry...I have to leave the house now and will be back hopefully in 30 mins
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 67 KB
the cautious seldom err....C
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