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A very simple system - trade with arrow

  • #6,101
  • Jan 7, 2020 4:52pm Jan 7, 2020 4:52pm
Quoting Simply-Me
{quote} 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...
I need to correct you that I aim to do 5 trades for 10 pips each but often exceed the number of trades and pips as well. Maybe you like to tell us how many pips do you aim for per trade. I still use M15 but not so often lately but I do suggest others new to trading this method to do so. When I use M15 my target would be at least 20 pips. I have quite a number of pairs on my screen but I like pound pairs most. Lately I started trading ncad,audcad,audjpy and nzdjpy.. I will trade any pair which catches my interest but my focus is with sterling pairs..I used to trade eurusd but hardly do that now as the daily range has shrunk from what it was several years ago
the cautious seldom err....C
  • #6,102
  • Jan 7, 2020 4:56pm Jan 7, 2020 4:56pm
my final target of 18 pips would have been hit had I not forgotten to remove the stop..I will be back with vengeance tomorrow
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 64 KB
the cautious seldom err....C
  • #6,103
  • Jan 7, 2020 5:38pm Jan 7, 2020 5:38pm
my notebook went mad and I lost some charts..anyway, I have manually put them back on...btw I took an early trade and booked profits
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM5.png Size: 58 KB
the cautious seldom err....C
  • #6,104
  • Jan 7, 2020 5:46pm Jan 7, 2020 5:46pm
missed out on a/y and n/y because my notebook took the charts out by itself, otherwise would have got in the act and make my pips for Wed. today with 20 mins to spare before the day closes
the cautious seldom err....C
  • #6,105
  • Jan 7, 2020 5:58pm Jan 7, 2020 5:58pm
In under an hour u/y, audjpy,eurjpy and nzdjpy had already done the average daily range...unbelievable?? NO! always expect the unexpected in forex
the cautious seldom err....C
  • #6,106
  • Jan 7, 2020 6:05pm Jan 7, 2020 6:05pm
that level marked on my chart (1.6310) is likely to be tested and broken if Aussie data comes out bad...I had already made money on this trade ..I'm going to bed now
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDH4.png Size: 75 KB
Click to Enlarge Name: EURAUDH4a.png Size: 76 KB
the cautious seldom err....C
  • #6,107
  • Jan 8, 2020 1:19am Jan 8, 2020 1:19am
Hi pips29,looks like you pulled night shit
Listen,this thread is getting bigger.Lot of charts.what is good.Pretty straightforward rules in thread #1,however haven't you thought about putting together some pdf file,with all you rules and experiences?
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,108
  • Jan 8, 2020 5:36am Jan 8, 2020 5:36am
market just not giving the pips that I want....when big moves happened in Asia session, things can get a bit sticky...anyway, will give my best
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCADM5.png Size: 61 KB
Click to Enlarge Name: GBPUSDM5.png Size: 58 KB
the cautious seldom err....C
  • #6,109
  • Jan 8, 2020 5:42am Jan 8, 2020 5:42am
not sure if this will work out...trade taken a couple of candles ago...manually cut off for -12 pips..bad trade as I did not see price has exceeded the daily range by 40 odd pips from my entry
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM5.png Size: 54 KB
the cautious seldom err....C
  • #6,110
  • Jan 8, 2020 5:51am Jan 8, 2020 5:51am
recovered the loss on eurnzd from this pair plus more
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM5.png Size: 58 KB
the cautious seldom err....C
  • #6,111
  • Jan 8, 2020 5:54am Jan 8, 2020 5:54am
price has not hit my stop but I chose to cut it off after realising my oversight...my vision ain't that good nowadays
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM5.png Size: 52 KB
the cautious seldom err....C
  • #6,112
  • Jan 8, 2020 6:32am Jan 8, 2020 6:32am
my pending sells were triggered
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM5.png Size: 57 KB
the cautious seldom err....C
  • #6,113
  • Jan 8, 2020 6:48am Jan 8, 2020 6:48am
took some from here, slowly and surely building up
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM5.png Size: 60 KB
the cautious seldom err....C
  • #6,114
  • Jan 8, 2020 8:03am Jan 8, 2020 8:03am
another winner
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM5.png Size: 60 KB
the cautious seldom err....C
  • #6,115
  • Jan 8, 2020 8:07am Jan 8, 2020 8:07am
was not able to make pips from this one
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM5.png Size: 70 KB
the cautious seldom err....C
  • #6,116
  • Jan 8, 2020 8:10am Jan 8, 2020 8:10am
don't know if you get this on your computer, missing names..
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 5 KB
the cautious seldom err....C
  • #6,117
  • Jan 8, 2020 8:16am Jan 8, 2020 8:16am
Quoting pips29
my pending sells were triggered {image}
still waiting for more fruits
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM5.png Size: 58 KB
the cautious seldom err....C
  • #6,118
  • Jan 8, 2020 8:17am Jan 8, 2020 8:17am
Quoting pips29
don't know if you get this on your computer, missing names.. {image}
I see the same on my computer
  • #6,119
  • Jan 8, 2020 8:18am Jan 8, 2020 8:18am
Quoting TexasPippin
{quote} I see the same on my computer
Oh! then it must be FF...any trade yet?
the cautious seldom err....C
  • #6,120
  • Jan 8, 2020 8:22am Jan 8, 2020 8:22am
I am in this one, but it moves very slow, so I am thinking about closing those trades
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.JPG Size: 223 KB
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