A very simple system - trade with arrow | Page 295 | Forex Factory

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A very simple system - trade with arrow

  • #5,881
  • Dec 4, 2019 6:39am Dec 4, 2019 6:39am
Quoting pips29
my 2nd trade and it's a short {image}
at b/e+ now
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM5a.png Size: 71 KB
the cautious seldom err....C
  • #5,882
  • Dec 4, 2019 6:44am Dec 4, 2019 6:44am
Quoting GerhardMTB
{quote} Hello and I apologize for the question. But why did you stay in this trade. I would have closed this trade long time before after the cross down. Your interpretation of the market was correct, but I still do not know why you interpreted it correctly. Hello and I apologize for the question. But why did you stay in this trade. I would have closed this trade long after the cross down. Your interpretation of the market was correct, but I still do not know why you interpreted it correctly.
where was the cross down ..?? Gerhard..I don't see that
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 57 KB
the cautious seldom err....C
  • #5,883
  • Dec 4, 2019 7:06am Dec 4, 2019 7:06am
Quoting pips29
{quote} at b/e+ now {image}
closing the trade now
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM5.png Size: 67 KB
the cautious seldom err....C
  • #5,884
  • Dec 4, 2019 7:49am Dec 4, 2019 7:49am
gone short here..tight stop of 11 pips
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 59 KB
the cautious seldom err....C
  • #5,885
  • Dec 4, 2019 7:53am Dec 4, 2019 7:53am
Quoting pips29
my first trade of the morning and it's a slow moving pair...put in a stop of 16 pips and wait..definitely not a pair that requires "full" attention until the time of data releases {image}
slow and steady ...at b/e+ now
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM5a.png Size: 64 KB
the cautious seldom err....C
  • #5,886
  • Dec 4, 2019 9:28am Dec 4, 2019 9:28am
Quoting pips29
{quote} where was the cross down ..?? Gerhard..I don't see that {image}
i marked the Cross Red and a new Daily Low Blue. If i see the first Cross down i would close the Order.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_M5.png Size: 64 KB
  • #5,887
  • Dec 4, 2019 9:54am Dec 4, 2019 9:54am
Quoting GerhardMTB
{quote} i marked the Cross Red and a new Daily Low Blue. If i see the first Cross down i would close the Order. {image}
Asia session is always rangy and you can't use M5 to check crosses..Use H1 to find the range and not M5 during this session...in any case I have a stop in place and if the trade is wrong I will be out...nothing to be afraid of..in fact you sleep better when you have a stop
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 60 KB
the cautious seldom err....C
  • #5,888
  • Dec 4, 2019 10:01am Dec 4, 2019 10:01am
I took another stab at this and click the order out accidentally. I meant to take partial profits
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM5.png Size: 60 KB
the cautious seldom err....C
  • #5,889
  • Dec 4, 2019 10:42am Dec 4, 2019 10:42am
Quoting pips29
{quote} slow and steady ...at b/e+ now {image}
took another bit out at the adr limit..I am looking at 69 to close the balance...let's see
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM5.png Size: 74 KB
the cautious seldom err....C
  • #5,890
  • Dec 5, 2019 2:45am Dec 5, 2019 2:45am
Quoting pips29
this is the daily of cable..price just need to crack the 1.3011 level to go to the next level fairly quickly I reckon {image}
I mentioned the above recently and price is nearly there rather quickly..not sure if it's an election play but we still have 7 days left for price to go even higher to the 2nd level on my chart...if I were the big boys I will do it,ha,ha
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 76 KB
the cautious seldom err....C
  • #5,891
  • Dec 5, 2019 2:52am Dec 5, 2019 2:52am
Quoting pips29
{quote} broken {image}
Before I carry on, good morning guys, it's not often I am in front of the screen at this time..anyway,I got confirmation on H4 that the trend down continues, hence I took the trade last night after H4 closed (NY close ). I have taken a third off using my mobile while in bed..trade is locked in at b/e
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM5.png Size: 55 KB
the cautious seldom err....C
  • #5,892
  • Dec 5, 2019 3:27am Dec 5, 2019 3:27am
When I see a steep move, I often see the word retracement on my head, could be a side effect you get from too many hours spent looking at the screen
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM5.png Size: 66 KB
the cautious seldom err....C
  • #5,893
  • Dec 5, 2019 4:26am Dec 5, 2019 4:26am
Quoting pips29
{quote} took another bit out at the adr limit..I am looking at 69 to close the balance...let's see {image}
looks like she is not going to give me "69" and a test of the level lower on my chart looks on
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 64 KB
the cautious seldom err....C
  • #5,894
  • Dec 5, 2019 4:39am Dec 5, 2019 4:39am
I have just gone in cable long and gbpnzd long as well
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 57 KB
Click to Enlarge Name: GBPNZDM5.png Size: 55 KB
the cautious seldom err....C
  • #5,895
  • Dec 5, 2019 5:22am Dec 5, 2019 5:22am
glad I got this pair at b/e+ green pips now
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM5.png Size: 64 KB
the cautious seldom err....C
  • #5,896
  • Dec 5, 2019 5:30am Dec 5, 2019 5:30am
perhaps a small quasimodo in the making
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 60 KB
the cautious seldom err....C
  • #5,897
  • Dec 5, 2019 5:59am Dec 5, 2019 5:59am
Quoting pips29
perhaps a small quasimodo in the making {image}
it's playing out
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 59 KB
the cautious seldom err....C
  • #5,898
  • Edited 9:26am Dec 5, 2019 8:46am | Edited 9:26am
Quoting pips29
I have just gone in cable long and gbpnzd long as well {image} {image}
will take another portion off near the 80 mark...locking in the trade at b/e EDit: KO at b/e
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 61 KB
the cautious seldom err....C
  • #5,899
  • Dec 5, 2019 8:58am Dec 5, 2019 8:58am
I'm a bit surprised with euro strength, especially eurusd as the swissy is also trending up..very unusual for both to be moving in the same direction...I reckon it's a matter of time one has to move in a different direction
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 61 KB
Click to Enlarge Name: USDCHFM5.png Size: 68 KB
the cautious seldom err....C
  • #5,900
  • Dec 5, 2019 9:15am Dec 5, 2019 9:15am
I kept my sell from previous day and was caught with a dd of just under 25 pips...set a pending sell which was not triggered but took another sell later on..I will keep the trades for the nfp tomorrow as I believe it will be a big miss..I will be shocked if it prints green
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 70 KB
the cautious seldom err....C
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