A very simple system - trade with arrow | Page 315 | Forex Factory

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A very simple system - trade with arrow

  • #6,281
  • Jan 22, 2020 1:33pm Jan 22, 2020 1:33pm
Quoting forexdg
{quote} yes higher would be better I notice when study your charts your entry are all in agreement with moving average shadow shadow its the same trend on h4 and m15 like its on m5 you can say a litle about how you use daily bar in the right of chart? what is for? its for direction like sell if red and buy if green? i sorry if question was ask before
some traders use the daily open as S/R and what I got on the chart shows the daily open plus where price has moved since open...not that important
the cautious seldom err....C
  • #6,282
  • Jan 22, 2020 2:15pm Jan 22, 2020 2:15pm
Hi.
Here are two trades today following the proposed system.
thanks pips29 and foolsgame for showing us this form of commerce

(Tradc. google)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 91 KB
  • #6,283
  • Jan 22, 2020 2:22pm Jan 22, 2020 2:22pm
for MT5 this might seem so far
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM5.png Size: 86 KB
  • #6,284
  • Jan 22, 2020 2:39pm Jan 22, 2020 2:39pm
yesterday and today operations on MT4 and MT5 in demo accounts to test the system
(The balance of the mt4 account is € 71.48)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: MetaTrader 4.png Size: 128 KB
Click to Enlarge Name: MetaTrader 5.png Size: 125 KB
  • #6,285
  • Jan 22, 2020 4:32pm Jan 22, 2020 4:32pm
Quoting forexdg
{quote} yes higher would be better I notice when study your charts your entry are all in agreement with moving average shadow shadow its the same trend on h4 and m15 like its on m5 you can say a litle about how you use daily bar in the right of chart? what is for? its for direction like sell if red and buy if green? i sorry if question was ask before
forexdg,some people trade pullbacks,some people both ways and I personally like to trade on lower TF only in way of daily candle. This TMT-Daily candle indicator gives you quick visual on daily candle,specially when you monitoring several pairs and even shows you info about range, distance from open and high and low.Pretty useful indicator.
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,286
  • Jan 23, 2020 6:20am Jan 23, 2020 6:20am
price finally went my way
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.rM5.png Size: 66 KB
the cautious seldom err....C
  • #6,287
  • Jan 23, 2020 6:26am Jan 23, 2020 6:26am
My 1st trade, don't normally trade this pair.
Attached Image (click to enlarge)
Click to Enlarge Name: InkedAUDJPYM15_LI.jpg Size: 1.4 MB
  • #6,288
  • Jan 23, 2020 6:41am Jan 23, 2020 6:41am
good start
Attached Image (click to enlarge)
Click to Enlarge Name: InkedAUDJPYM15_LI.jpg Size: 1.3 MB
  • #6,289
  • Jan 23, 2020 7:53am Jan 23, 2020 7:53am
Quoting TexasPippin
good start {image}
looks like you will be trading this pair more regularly..good trading
the cautious seldom err....C
  • #6,290
  • Jan 23, 2020 7:55am Jan 23, 2020 7:55am
Quoting pips29
{quote} looks like you will be trading this pair more regularly..good trading
I just might. LOL I'm not see any good setups this morning.
  • #6,291
  • Jan 23, 2020 8:11am Jan 23, 2020 8:11am
Quoting TexasPippin
{quote} I just might. LOL I'm not see any good setups this morning.
If you don't see any then no trade..I see you left the cream from your audjpy behind like I always do with my trades..anyway, we just have to be satisfied
the cautious seldom err....C
  • #6,292
  • Jan 23, 2020 8:14am Jan 23, 2020 8:14am
Quoting pips29
{quote} If you don't see any then no trade..I see you left the cream from your audjpy behind like I always do with my trades..anyway, we just have to be satisfied

I agree, I'm happy any day I am in positive green pips for the day. It is hard not to trade when you keep waiting for a setup. Bored trading = Bad Trading
I only trade the overlap of the London and U.S. sessions. My day is almost over, see you back here tomorrow.
  • #6,293
  • Jan 23, 2020 8:15am Jan 23, 2020 8:15am
anybody know why the yen is so strong today? Is it something to do with the virus..
the cautious seldom err....C
  • #6,294
  • Jan 23, 2020 11:03am Jan 23, 2020 11:03am
very slow moving with the loonie, waiting for the cci on H4 to turn red, once that happens my target will be hit I think..Trade taken on M15
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 57 KB
the cautious seldom err....C
  • #6,295
  • Jan 24, 2020 1:58am Jan 24, 2020 1:58am
Last night during Sydney I took this trade. I was not given a chance to lock in at b/e before going to bed and so I left the stop and target alone. It turned out well
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFM15.png Size: 60 KB
the cautious seldom err....C
  • #6,296
  • Jan 24, 2020 5:46am Jan 24, 2020 5:46am
Trying this pair again today.
Attached Image (click to enlarge)
Click to Enlarge Name: InkedAUDJPYM5_LI.jpg Size: 1.3 MB
  • #6,297
  • Jan 24, 2020 6:39am Jan 24, 2020 6:39am
Trade 2 today
Attached Image (click to enlarge)
Click to Enlarge Name: InkedEURUSDM15_LI.jpg Size: 1.4 MB
  • #6,298
  • Jan 24, 2020 7:03am Jan 24, 2020 7:03am
Trade 1 closed with green pips. Looks like I left some on the table, but this pair was moving very slowly, had to move on.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM5.png Size: 91 KB
  • #6,299
  • Jan 24, 2020 7:33am Jan 24, 2020 7:33am
Quoting TexasPippin
Trade 1 closed with green pips. Looks like I left some on the table, but this pair was moving very slowly, had to move on. {image}
you did well..I don't need to be here any more
the cautious seldom err....C
  • #6,300
  • Jan 24, 2020 7:45am Jan 24, 2020 7:45am
Quoting pips29
{quote} you did well..I don't need to be here any more
No sir, you're the reason I'm here. Your posts are why I tried this system.
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