A very simple system - trade with arrow | Page 245 | Forex Factory

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A very simple system - trade with arrow

  • #4,881
  • Feb 4, 2019 5:07am Feb 4, 2019 5:07am
I have 2 entries going now with some pending buys stops/limits still to be triggered.Trade is based on my own analysis which was posted earlier
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the cautious seldom err....C
  • #4,882
  • Feb 4, 2019 5:10am Feb 4, 2019 5:10am
Also in this trade as per analysis posted earlier
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Click to Enlarge Name: NZDCADDaily.png Size: 55 KB
the cautious seldom err....C
  • #4,883
  • Feb 4, 2019 6:22am Feb 4, 2019 6:22am
Quoting Fredrik7
{image}3198653
Be careful trading the pound..looks like price is boucing off the 200 ema on the daily
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Click to Enlarge Name: GBPUSDDaily.png Size: 63 KB
the cautious seldom err....C
  • #4,884
  • Feb 4, 2019 6:33am Feb 4, 2019 6:33am
Quoting Foolsgame
H1 trade... hope im not gonna cash in some extra before chinese new year {image}
here's one
Attached Image
the cautious seldom err....C
  • #4,885
  • Feb 4, 2019 9:06am Feb 4, 2019 9:06am
My "first" pips in the pocket for the week..trade is locked in at b/e+ now
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 57 KB
the cautious seldom err....C
  • #4,886
  • Feb 4, 2019 9:14am Feb 4, 2019 9:14am
took another piece out and stop moved to b/e+11..you can see my target with H1..I only have 20% left
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 72 KB
the cautious seldom err....C
  • #4,887
  • Feb 4, 2019 5:47pm Feb 4, 2019 5:47pm
Quoting pips29
I have 2 entries going now with some pending buys stops/limits still to be triggered.Trade is based on my own analysis which was posted earlier {image}
nothing very much has changed since my entries. Spreads at the transition stage when NY closes and Sydney open was widened to as many as 45 pips and I'm sure some would have been caught out with this wide spread. My stop was about 90 pips away from price at that time .and I believe it would be safe.,otherwise I would remove it.My limit buy was not triggered and you can see from the chart price hit 1.6560 on the bid price
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDH4.png Size: 62 KB
the cautious seldom err....C
  • #4,888
  • Feb 4, 2019 6:54pm Feb 4, 2019 6:54pm
Quoting pips29
{quote} nothing very much has changed since my entries. Spreads at the transition stage when NY closes and Sydney open was widened to as many as 45 pips and I'm sure some would have been caught out with this wide spread. My stop was about 90 pips away from price at that time .and I believe it would be safe.,otherwise I would remove it.My limit buy was not triggered and you can see from the chart price hit 1.6560 on the bid price {image}
one entry hit my target for 50 pips as I go to zzzzzzzz in a minute
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Click to Enlarge Name: EURNZDM15.png Size: 77 KB
the cautious seldom err....C
  • #4,889
  • Feb 4, 2019 9:04pm Feb 4, 2019 9:04pm
Quoting pips29
{quote} here's one {image}
nice angpow!!well, i just need some crystal ball from you
Do it like a Fool
  • #4,890
  • Feb 4, 2019 9:06pm Feb 4, 2019 9:06pm
manage to compensate my UCAD losses with this. got some "angpow" from market on first day of CNY
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Click to Enlarge Name: GBPJPYM15.png Size: 79 KB
Do it like a Fool
  • #4,891
  • Feb 4, 2019 9:10pm Feb 4, 2019 9:10pm
Happy chinese New year for all those who are celebrating!!! and those who are trading wish you guys happy pipping!!!
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Do it like a Fool
  • #4,892
  • Feb 5, 2019 4:05am Feb 5, 2019 4:05am
How brokers take your $
I use a commission based account so max 0.3pip spread and conveniently my stop was at that price!
Attached Image (click to enlarge)
Click to Enlarge Name: GU SL.png Size: 35 KB
Your trade order needs to be in the right place at the right time.
  • #4,893
  • Feb 5, 2019 4:10am Feb 5, 2019 4:10am
Quoting Islandfx911
How brokers take your $ I use a commission based account so max 0.3pip spread and conveniently my stop was at that price! {image}
That is the reason I remove stop (at least 30 mins before a data release)
the cautious seldom err....C
  • #4,894
  • Feb 5, 2019 4:23am Feb 5, 2019 4:23am
I believe sterling has further room to the downside and it's a choice of choosing the "best" pair. I chose Gcad. Target is 100 pips
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Click to Enlarge Name: GBPCADM15.png Size: 68 KB
the cautious seldom err....C
  • #4,895
  • Feb 5, 2019 4:34am Feb 5, 2019 4:34am
Quoting pips29
{quote} That is the reason I remove stop (at least 30 mins before a data release)
Lesson learned for me there.
Good luck with your GCAD trade.
Your trade order needs to be in the right place at the right time.
  • #4,896
  • Feb 5, 2019 5:16am Feb 5, 2019 5:16am
second angpow from cable
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Click to Enlarge Name: GBPUSDM15.png Size: 60 KB
Do it like a Fool
  • #4,897
  • Feb 5, 2019 5:16am Feb 5, 2019 5:16am
Quoting Islandfx911
How brokers take your $ I use a commission based account so max 0.3pip spread and conveniently my stop was at that price! {image}
your stop is too near the last low.... i tend to give few pips room
Do it like a Fool
  • #4,898
  • Feb 5, 2019 5:27am Feb 5, 2019 5:27am
only for those interest, i found zig zag and 3 level zz semafor lead me to find S & R easier...
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Click to Enlarge Name: GBPUSDM15.png Size: 68 KB
Do it like a Fool
  • #4,899
  • Feb 5, 2019 5:30am Feb 5, 2019 5:30am
Quoting pips29
I believe sterling has further room to the downside and it's a choice of choosing the "best" pair. I chose Gcad. Target is 100 pips {image}
you miss the fun just now.. late party trade huh
Do it like a Fool
  • #4,900
  • Feb 5, 2019 5:52am Feb 5, 2019 5:52am
Quoting Foolsgame
{quote} you miss the fun just now.. late party trade huh
Yes, I was looking at another thread when price took a dip..out of frustration I managed to take partial out and was kicked out soon after...well,,on to the next trade
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM5.png Size: 51 KB
the cautious seldom err....C
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