A very simple system - trade with arrow | Page 269 | Forex Factory

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A very simple system - trade with arrow

  • #5,361
  • Mar 22, 2019 4:08am Mar 22, 2019 4:08am
got another entry with a pending order which was just triggered...emergency stop set at the high
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the cautious seldom err....C
  • #5,362
  • Mar 22, 2019 5:24am Mar 22, 2019 5:24am
good Cad data will help my loonie and ecad trades...let's see
the cautious seldom err....C
  • #5,363
  • Mar 22, 2019 7:49am Mar 22, 2019 7:49am
ea & en short. 33% position left each.
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1 see confirmation till the end 2. set SL and never cancel it
  • #5,364
  • Mar 25, 2019 3:09am Mar 25, 2019 3:09am
first trades of the morning
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the cautious seldom err....C
  • #5,365
  • Mar 25, 2019 5:36am Mar 25, 2019 5:36am
the dragon trade ended well but the eurgbp was a disaster ending in a stop out
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the cautious seldom err....C
  • #5,366
  • Mar 25, 2019 8:29am Mar 25, 2019 8:29am
Quoting pips29
the dragon trade ended well but the eurgbp was a disaster ending in a stop out {image}
Dear Pips29, I just wonder how you enter and immediately win. I tried to trade on this system, but when I entered, the market starts to go back and I get a stop. Could you explain why you do not enter at these points, which are indicated by numbers?
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Trading has been and always will be, a hard way to make an easy living.
  • #5,367
  • Mar 25, 2019 8:31am Mar 25, 2019 8:31am
some trades i took today

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  • #5,368
  • Edited 9:28am Mar 25, 2019 9:13am | Edited 9:28am
NZD is still strong today.
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1 see confirmation till the end 2. set SL and never cancel it
  • #5,369
  • Mar 25, 2019 9:17am Mar 25, 2019 9:17am
was a mistake by moving stop lower too soon on gbpnzd ..did slightly better with gaud
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the cautious seldom err....C
  • #5,370
  • Edited 9:36am Mar 25, 2019 9:20am | Edited 9:36am
Quoting pips29
was a mistake by moving stop lower too soon on gbpnzd ..did slightly better with gaud {image} {image}
so did I when I traded GN. Let bygones be bygones
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1 see confirmation till the end 2. set SL and never cancel it
  • #5,371
  • Mar 25, 2019 9:33am Mar 25, 2019 9:33am
Quoting Boobligoom
{quote} Dear Pips29, I just wonder how you enter and immediately win. I tried to trade on this system, but when I entered, the market starts to go back and I get a stop. Could you explain why you do not enter at these points, which are indicated by numbers?{image}
I am a late riser and therefore you won't see me trading LO and I normally trade just before or after the 4 hour closes my time..The close is now one hour ahead (owing to time change ) and I have missed trades on H4 closes solely because I am not fully awake yet..On Wed and Friday I don't have the leisure of time completely for myself and I have to carry out my duties . I also do not trade all set ups when I don't get the feel..sometimes you just get the feeling the trade won't play out and so you don't trade it even though there was a set up and I must have been lucky..please ask questions related to the day as I often forget what has happened one or 2 days ago unless I got it down in print..as to your chart I wasn't even ready where you have 3,4 and 5
the cautious seldom err....C
  • #5,372
  • Mar 25, 2019 9:51am Mar 25, 2019 9:51am
Quoting Boobligoom
{quote} Dear Pips29, I just wonder how you enter and immediately win. I tried to trade on this system, but when I entered, the market starts to go back and I get a stop. Could you explain why you do not enter at these points, which are indicated by numbers?{image}
Youre not the only one. I seem to get the same results as you...
Green pips to all
  • #5,373
  • Mar 25, 2019 10:50am Mar 25, 2019 10:50am
Quoting ScorpioForex
{quote} Youre not the only one. I seem to get the same results as you...
Please post your trades in order we can analyse what went wrong. I prefer trades taken on the same day as I'm not prepared to look further than a day back
the cautious seldom err....C
  • #5,374
  • Mar 25, 2019 10:57am Mar 25, 2019 10:57am
Quoting pips29
{quote} Please post your trades in order we can analyse what went wrong. I prefer trades taken on the same day as I'm not prepared to look further than a day back
I'll give it another try during the NY session tomorrow. thanks for lending a hand
Green pips to all
  • #5,375
  • Mar 25, 2019 11:06am Mar 25, 2019 11:06am
perhaps not a good time to trade but anyway I took this short...move down is not exhausted yet as the adr hasn''t been reached
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the cautious seldom err....C
  • #5,376
  • Mar 25, 2019 11:11am Mar 25, 2019 11:11am
I give it a shot tomorrow. Let’s see on very volatile UJ
  • #5,377
  • Mar 25, 2019 11:13am Mar 25, 2019 11:13am
Quoting pips29
perhaps not a good time to trade but anyway I took this short...move down is not exhausted yet as the adr hasn''t been reached {image}
So are you basically looking for like 10-20 pips per trade or whatever the market will give you or what's your strategy on TP or exiting?
Green pips to all
  • #5,378
  • Mar 25, 2019 11:18am Mar 25, 2019 11:18am
my thought process for eurgbp long was the 4 hour candle printed a rejection witn a lower wick on the level marked on my chart where there was ppa. This led me to believe a long is feasible and so I went long..My 2nd entry was stopped out by accident as I meant to put the stop for my 1st entry and not the 2nd...anyway the result will be the same in monetary terms .,only the pip value differs..I took a third entry and recoup most of my loss
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the cautious seldom err....C
  • #5,379
  • Mar 25, 2019 11:21am Mar 25, 2019 11:21am
Quoting ScorpioForex
{quote} So are you basically looking for like 10-20 pips per trade or whatever the market will give you or what's your strategy on TP or exiting?
If I am looking for 10-20 pips I probably hit 95% and above wins. I look for more..perhaps I might start looking for 10-20 pips and boost my win rate to above 95%
the cautious seldom err....C
  • #5,380
  • Mar 25, 2019 11:26am Mar 25, 2019 11:26am
an easy 10 pips to be taken if you are scalping
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Click to Enlarge Name: GBPCHFM15.png Size: 68 KB
the cautious seldom err....C
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