A very simple system - trade with arrow | Page 310 | Forex Factory

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A very simple system - trade with arrow

  • #6,181
  • Jan 15, 2020 9:20am Jan 15, 2020 9:20am
Quoting TexasPippin
Just took this one. Try to get 10 pips. {image}
reckon you got your 10 pips, one thing I would not do is short nzdusd and ucad at the same time
the cautious seldom err....C
  • #6,182
  • Edited 9:54am Jan 15, 2020 9:31am | Edited 9:54am
Pips29, I just took this trade, would like your opinion on it. I know its not a perfect setup but the hour chart showed the down trend and this 5 min chart showed the CCI heading there too. update; closed with a small loss, news is up in a couple minutes.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: InkedGBPCHFM5_LI.jpg Size: 1.1 MB
Click to Enlarge Name: GBPCHFM5.png Size: 83 KB
  • #6,183
  • Jan 15, 2020 10:12am Jan 15, 2020 10:12am
Closed this when the emas crossed against me, really thought this was going to be a good trade, oh well, on to the next one.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM5.png Size: 87 KB
  • #6,184
  • Jan 15, 2020 10:13am Jan 15, 2020 10:13am
Quoting TexasPippin
Pips29, I just took this trade, would like your opinion on it. I know its not a perfect setup but the hour chart showed the down trend and this 5 min chart showed the CCI heading there too. update; closed with a small loss, news is up in a couple minutes. {image} {image}
To me the trend is still down but you took an early entry as the ribbon on both tf do not show the ema has crossed..wait for the colour to be gray to enter short
the cautious seldom err....C
  • #6,185
  • Jan 15, 2020 10:31am Jan 15, 2020 10:31am
The aussie and kiwi can be volatile as the US-China is nearing signing, so with this in mind you have to be cautious and not fooled by big boys
the cautious seldom err....C
  • #6,186
  • Jan 15, 2020 10:35am Jan 15, 2020 10:35am
Quoting pips29
{quote} To me the trend is still down but you took an early entry as the ribbon on both tf do not show the ema has crossed..wait for the colour to be gray to enter short
Ok, thanks. I have a bad habit of over trading and tend to not be patient, slow learner I guess.
  • #6,187
  • Jan 15, 2020 10:36am Jan 15, 2020 10:36am
another re-entry which was profitable.... I am trading euro pairs more than others today
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 62 KB
the cautious seldom err....C
  • #6,188
  • Jan 15, 2020 10:43am Jan 15, 2020 10:43am
I have mentioned several times before, I don't trade audusd,nzdusd and ucad short at the same time , when I have audusd and nzdusd long I will only trade short for the loonie and vice versa
the cautious seldom err....C
  • #6,189
  • Jan 15, 2020 10:45am Jan 15, 2020 10:45am
Quoting pips29
I have mentioned several times before, I don't trade audusd,nzdusd and ucad short at the same time , when I have audusd and nzdusd long I will only trade short for the loonie and vice versa
That make sense. Please call me out on it if you see me doing it again.
  • #6,190
  • Jan 15, 2020 10:46am Jan 15, 2020 10:46am
this would be a better time to go short gchf now as the ems had croseed
the cautious seldom err....C
  • #6,191
  • Jan 15, 2020 11:19am Jan 15, 2020 11:19am
way too slow and so I closed it for some pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 58 KB
the cautious seldom err....C
  • #6,192
  • Jan 15, 2020 6:22pm Jan 15, 2020 6:22pm
just making some pips before going to bed
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPNZDM5.png Size: 60 KB
Click to Enlarge Name: NZDJPYM5.png Size: 54 KB
the cautious seldom err....C
  • #6,193
  • Jan 15, 2020 8:04pm Jan 15, 2020 8:04pm
here's what I got
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDM15.png Size: 84 KB
  • #6,194
  • Jan 16, 2020 3:53am Jan 16, 2020 3:53am
adding more to the pip count
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM5.png Size: 57 KB
the cautious seldom err....C
  • #6,195
  • Jan 16, 2020 7:17am Jan 16, 2020 7:17am
Hi Pips 29 I have been following this thread for a while and trying to learn how to trade. I like your indicator at the bottom of the screen "pips29". Would you have the indicator file that you could share? Thanking you for all your screenshots.
Carmen.
  • #6,196
  • Jan 16, 2020 8:08am Jan 16, 2020 8:08am
Quoting pips29
adding more to the pip count {image}

Hi pips29.let me ask you,what's yours money management strategy?
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,197
  • Jan 16, 2020 9:31am Jan 16, 2020 9:31am
Quoting Duggerss
here's what I got {image}
Please show your entry and exit. I can't read your mind
the cautious seldom err....C
  • #6,198
  • Jan 16, 2020 9:33am Jan 16, 2020 9:33am
Quoting carmelina
Hi Pips 29 I have been following this thread for a while and trying to learn how to trade. I like your indicator at the bottom of the screen "pips29". Would you have the indicator file that you could share? Thanking you for all your screenshots. Carmen.
I have posted the indicator yesterday. Am I missing something?
the cautious seldom err....C
  • #6,199
  • Jan 16, 2020 9:56am Jan 16, 2020 9:56am
Quoting Simply-Me
{quote} Hi pips29.let me ask you,what's yours money management strategy?
What a strange question to ask . To put it simply, get out quickly when you're wrong.That is how you should manage your money
the cautious seldom err....C
  • #6,200
  • Jan 16, 2020 9:59am Jan 16, 2020 9:59am
I have left a good amount of pips on the table with gaud
I am in an eye hospital since an hour ago ,so no trades
the cautious seldom err....C
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