A very simple system - trade with arrow | Page 222 | Forex Factory

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A very simple system - trade with arrow

  • #4,421
  • Nov 15, 2018 2:59am Nov 15, 2018 2:59am
EN nice short +25p partial close set SL=be+10p. GN is no short apportunity for me.
Attached Image (click to enlarge)
Click to Enlarge Name: en+25p 20% be.png Size: 65 KB
1 see confirmation till the end 2. set SL and never cancel it
  • #4,422
  • Nov 15, 2018 3:04am Nov 15, 2018 3:04am
Quoting pundit78
GBPJPY trade. {image}
You're on fire today!
the cautious seldom err....C
  • #4,423
  • Nov 15, 2018 3:14am Nov 15, 2018 3:14am
bro....if we false trade ... where we set stop loss ?
can u give me example use chart please ?
  • #4,424
  • Nov 15, 2018 3:46am Nov 15, 2018 3:46am
Quoting pips29
{quote} I am just starting to trade and took a short and then the platform froze.I then turned to my mobile and that was also inactive. Normally the mobile works but not this time and so I couldn't scale out for some pips.Anyway let's see how the day progresses EDit: my target was hit while I was typing this ..jolly good..not bad for 15 mins work {image}
I took trade on the same pair for a BUY which ended in loss.
why did you go short and not long since there was a setup for long
Needed this to understand the system better
thank you
Attached Image (click to enlarge)
Click to Enlarge Name: GU111.png Size: 78 KB
  • #4,425
  • Nov 15, 2018 7:18am Nov 15, 2018 7:18am
EJ short +20p sl=be
Attached Image (click to enlarge)
Click to Enlarge Name: ej 20p.png Size: 74 KB
1 see confirmation till the end 2. set SL and never cancel it
  • #4,426
  • Nov 15, 2018 7:20am Nov 15, 2018 7:20am
Quoting KORTrader
EJ short +20p sl=be {image}
nice entry friend, i'm on it too.
  • #4,427
  • Nov 15, 2018 8:24am Nov 15, 2018 8:24am
Quoting pips29
{quote} You're on fire today!
Yaa bro..

EURJPY, done for the day.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 31 KB
  • #4,428
  • Nov 15, 2018 8:35am Nov 15, 2018 8:35am
Quoting pundit78
{quote} Yaa bro.. EURJPY, done for the day. {image}
I was very busy until now..after posting my cable trade I have not entered any more trade and you are done for the day..I have not scanned today's charts thoroughly yet and will do so now..perhaps you might tell me what's looking good to save me time going thru' 20 odd charts
the cautious seldom err....C
  • #4,429
  • Nov 15, 2018 8:36am Nov 15, 2018 8:36am
I see Kortrader is back and ripping those pips again after an absence
the cautious seldom err....C
  • #4,430
  • Edited 10:55am Nov 15, 2018 9:02am | Edited 10:55am
Quoting pips29
{quote} I was very busy until now..after posting my cable trade I have not entered any more trade and you are done for the day..I have not scanned today's charts thoroughly yet and will do so now..perhaps you might tell me what's looking good to save me time going thru' 20 odd charts
Sorry bro, scanned all available pairs on my terminal but did not find any good setup, only USDJPY and CADJPY may give some opportunity after sometime,pls keep eye on both these pairs, specially CADJPY.

London session is near closing.
  • #4,431
  • Edited 1:49am Nov 16, 2018 1:38am | Edited 1:49am
Sometime I make mistake by not choosing the right setup and it cost me a lot.

Shorted EURJPY and AUDJPY, I am afraid both may take my SL
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Image2.png Size: 37 KB
  • #4,432
  • Edited 2:22am Nov 16, 2018 2:10am | Edited 2:22am
Quoting pundit78
Sometime I make mistake by not choosing the right setup and it cost me a lot. Shorted EURJPY and AUDJPY, I am afraid both may take my SL {image} {image}

As expected SL hit on EURJPY

Edit - Closed AUDJPY mannually with some loss
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 27 KB
Click to Enlarge Name: Image2.png Size: 31 KB
  • #4,433
  • Nov 16, 2018 4:21am Nov 16, 2018 4:21am
Quoting pundit78
{quote} As expected SL hit on EURJPY Edit - Closed AUDJPY mannually with some loss {image} {image}
where ur false setup bro ? i cannot find ur wrong setup...can u tell me ? thank you
  • #4,434
  • Nov 16, 2018 4:35am Nov 16, 2018 4:35am
Quoting pundit78
{quote} As expected SL hit on EURJPY Edit - Closed AUDJPY mannually with some loss {image} {image}
I have just gone short on both pairs
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPYM15.png Size: 73 KB
Click to Enlarge Name: EURJPYM15.png Size: 60 KB
the cautious seldom err....C
  • #4,435
  • Nov 16, 2018 4:46am Nov 16, 2018 4:46am
this is one of the retracement "methods" I often use with good results.... magic fib 78.6
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH4.png Size: 72 KB
the cautious seldom err....C
  • #4,436
  • Nov 16, 2018 4:50am Nov 16, 2018 4:50am
For me the line in the sand is 1.3100 and I will take shorts when price trades below this level...just waiting patiently
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 59 KB
the cautious seldom err....C
  • #4,437
  • Nov 16, 2018 5:15am Nov 16, 2018 5:15am
Quoting pips29
{quote} I have just gone short on both pairs {image} {image}
I was short on AUDJPY as per my rule then went short on EURJPY breaking my rule or money management, result -- one SL hit and other closed in frustration, later my first trade AUDJPY was in profit although it was not the best setup, then lost some pips on EURJPY long, now finally short on EURJPY.

I lack patience everytime, I need to learn to be more patient to wait for the right setup.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 39 KB
  • #4,438
  • Nov 16, 2018 7:13am Nov 16, 2018 7:13am
gone long on both
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPAUDM15.png Size: 56 KB
Click to Enlarge Name: GBPNZDM15.png Size: 53 KB
the cautious seldom err....C
  • #4,439
  • Nov 16, 2018 7:26am Nov 16, 2018 7:26am
Quoting pips29
gone long on both {image} {image}
my setup right pip29
Attached Image (click to enlarge)
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  • #4,440
  • Nov 16, 2018 7:39am Nov 16, 2018 7:39am
entry in asian session short UJ +35p now set sl=be+16p
<edit>hit target ADR low +47p
Attached Image (click to enlarge)
Click to Enlarge Name: uj+35.png Size: 76 KB


also short EJ +22p. stop out sl=be+1p.
Attached Image (click to enlarge)
Click to Enlarge Name: ej+22p sl=be+1.png Size: 92 KB
1 see confirmation till the end 2. set SL and never cancel it
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