A very simple system - trade with arrow | Page 305 | Forex Factory

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A very simple system - trade with arrow

  • #6,081
  • Jan 7, 2020 6:10am Jan 7, 2020 6:10am
that was quick ...taken profit...I have already hit my daily target with my dragon trade...see you guys tomorrow...oh wait , the day is still young and NY hasn't open yet
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the cautious seldom err....C
  • #6,082
  • Jan 7, 2020 6:14am Jan 7, 2020 6:14am
Hello GerhadMTB, how's trading with you? Please post some charts
the cautious seldom err....C
  • #6,083
  • Jan 7, 2020 7:09am Jan 7, 2020 7:09am
caught another winner
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the cautious seldom err....C
  • #6,084
  • Jan 7, 2020 8:52am Jan 7, 2020 8:52am
Great Trading Pips29, I'm late getting started today here in the U.S. session. Here is my first trade today.
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  • #6,085
  • Jan 7, 2020 9:00am Jan 7, 2020 9:00am
Trying out your system and it feels very good! 2 little successful shorts are closed in TP
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  • #6,086
  • Jan 7, 2020 9:02am Jan 7, 2020 9:02am
Off to a good start. hit for 10 pips profit. I set my TP for 11 pips at half my order and the other half at B/E at +10 (only 1 pip trailing)so I make sure my winners are for at least 10 pips profit. I'm hoping to catch bigger winnings like Pip29 was hitting last year.
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  • #6,087
  • Jan 7, 2020 9:04am Jan 7, 2020 9:04am
Quoting basssic
Trying out your system and it feels very good! 2 little successful shorts are closed in TP {image}
Nice trade bassic
  • #6,088
  • Jan 7, 2020 9:08am Jan 7, 2020 9:08am
Quoting basssic
Trying out your system and it feels very good! 2 little successful shorts are closed in TP {image}
where did that come from? I have not seen you on this thread before, moreover , that was great trading...let's make more
the cautious seldom err....C
  • #6,089
  • Jan 7, 2020 9:09am Jan 7, 2020 9:09am
Quoting TexasPippin
Great Trading Pips29, I'm late getting started today here in the U.S. session. Here is my first trade today. {image}
looks like you are getting the hang of things..good stuff
the cautious seldom err....C
  • #6,090
  • Jan 7, 2020 9:19am Jan 7, 2020 9:19am
Quoting pips29
{quote} where did that come from? I have not seen you on this thread before, moreover , that was great trading...let's make more
I am actually a guy that has your old template, that is called "pips29 dec 16" with all the fibo levels and other indicators.
  • #6,091
  • Jan 7, 2020 9:25am Jan 7, 2020 9:25am
I notice on your charts that the 100 levels (- and +) are not there. You better have these levels on if you want to enhance your trading skill..I have not talked about the "100" level because I want you to learn from your own experience how to use and improve your skill. I have given you this idea, the rest is your own work. first hand experience is always best
the cautious seldom err....C
  • #6,092
  • Jan 7, 2020 9:28am Jan 7, 2020 9:28am
Quoting basssic
{quote} I am actually a guy that has your old template, that is called "pips29 dec 16" with all the fibo levels and other indicators.
use the current one, I have simplify the method over the years so that it's easier to trade now
the cautious seldom err....C
  • #6,093
  • Jan 7, 2020 9:43am Jan 7, 2020 9:43am
Quoting pips29
{quote} use the current one, I have simplify the method over the years so that it's easier to trade now
Oh yes, this one feels a lot better, you did a great job!
  • #6,094
  • Jan 7, 2020 10:28am Jan 7, 2020 10:28am
probably my last trade for the day
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the cautious seldom err....C
  • #6,095
  • Jan 7, 2020 10:56am Jan 7, 2020 10:56am
this is definitely my last trade.....?
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the cautious seldom err....C
  • #6,096
  • Jan 7, 2020 2:02pm Jan 7, 2020 2:02pm
Quoting pips29
I have actually planned to make 50 pips /day starting this year. I aim to make 5 trades for 10 pips each...what do you guys think? Making 10 pips /trade is really achievable every day
Hi pips29, sounds like good idea,but it won't have to be easy task. What about the lesser pips with higher stakes?
I don't know what is your MM,but fewer trades with better pick up precision might be beneficial.
There is another thing.It's hard to plan e.g. 50 pips a day,5 day a week. I found almost impossible to make pips every trading day,if you don't want to became slave of trading. Sometimes I just have another task to do,even thou,that trading is my bread and butter butter, I'm unable to trade. So I made my plan for 3 days per week and if I'm able trade more,it's a bonus.
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,097
  • Jan 7, 2020 3:23pm Jan 7, 2020 3:23pm
Quoting Simply-Me
{quote} Hi pips29, sounds like good idea,but it won't have to be easy task. What about the lesser pips with higher stakes? I don't know what is your MM,but fewer trades with better pick up precision might be beneficial. There is another thing.It's hard to plan e.g. 50 pips a day,5 day a week. I found almost impossible to make pips every trading day,if you don't want to became slave of trading. Sometimes I just have another task to do,even thou,that trading is my bread and butter butter, I'm unable to trade. So I made my plan for 3 days per week...
Hi! I'm not in any other work apart from trading, so I am able to devote my time trading forex. The 2 days which I am normally interrupted while trading are Wed. and Friday owing to duties summoned by the lady boss.Why do you think making 10 pips/trade is difficult ? or 50pips/day. As I am trading the smaller time frame I normally can find more than 10 trades in a day. I guess it depends on your strategy and if trading htf then you will have fewer trades
The more important thing is to get the timing correct and yes you have to be in front of the screen in this aspect
the cautious seldom err....C
  • #6,098
  • Jan 7, 2020 3:33pm Jan 7, 2020 3:33pm
I actually took another trade after "my last trade" and took 60% off for some small pips...this is definitely the last for the day
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the cautious seldom err....C
  • #6,099
  • Jan 7, 2020 4:13pm Jan 7, 2020 4:13pm
Quoting pips29
{quote} Hi! I'm not in any other work apart from trading, so I am able to devote my time trading forex. The 2 days which I am normally interrupted while trading are Wed. and Friday owing to duties summoned by the lady boss.Why do you think making 10 pips/trade is difficult ? or 50pips/day. As I am trading the smaller time frame I normally can find more than 10 trades in a day. I guess it depends on your strategy and if trading htf then you will have fewer trades The more important thing is to get the timing correct and yes you have to be in front...
Hi,trading is my bread and butter,so it's all I do presently.Spending my time in front of the monitors.I didn't say 10 trades/10 pis will be difficult,I said it won't be easy,but are there any easy jobs?
My objective is to do less trades for more income on 5M TF. I'm also monitoring 4H TF for swing positions.I would like to switch to higher TF,but it requires much more capital,then lower TF and I like the feeling at night knowing,that all my positions are closed.
Even this thread started with higher TF,but I like idea what you doing,because it's basically same,what I do.
BTW how many pairs you monitor?
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,100
  • Jan 7, 2020 4:40pm Jan 7, 2020 4:40pm
Damn! I forgot to remove my stop before the changeover..I truly believe in removing the stop come this time and forgetting to dothat cost me some pips as I was stopped out with slippage of more than 7 pips
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the cautious seldom err....C
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