A very simple system - trade with arrow | Page 316 | Forex Factory

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A very simple system - trade with arrow

  • #6,301
  • Jan 24, 2020 10:00am Jan 24, 2020 10:00am
Quoting pips29
{quote} you did well..I don't need to be here any more
What happened pips29, lets keep this thread alive.
I will also be part of it whenever I get time to post here.
All other members need to be active, this is one of the best trading system on FF.
  • #6,302
  • Jan 24, 2020 10:22am Jan 24, 2020 10:22am
Quoting TexasPippin
{quote} No sir, you're the reason I'm here. Your posts are why I tried this system.
No, I won't be leaving. What I meant was you are trading very well following the "rules" and I don't need to be here to guide you..I see no others trading
the cautious seldom err....C
  • #6,303
  • Jan 24, 2020 10:24am Jan 24, 2020 10:24am
Quoting pundit78
{quote} What happened pips29, lets keep this thread alive. I will also be part of it whenever I get time to post here. All other members need to be active, this is one of the best trading system on FF.
I am still here. You went awol for a long time..I have made some modifications and introduced a mtf cci.,,it will improve your trading
the cautious seldom err....C
  • #6,304
  • Jan 24, 2020 10:25am Jan 24, 2020 10:25am
Trade 2 closed with a few green pips, After seeing my trade #1 continue on for a whole bunch of pips AFTER I closed it, I thought I would try to wait some more on this pair....couldn't stand watching it touch the support line and back up anymore. LOL I don't know how you do it Pips29, I hope to learn your patience someday.
Attached Image (click to enlarge)
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  • #6,305
  • Jan 24, 2020 10:28am Jan 24, 2020 10:28am
Quoting pips29
{quote} I am still here. You went awol for a long time..I have made some modifications and introduced a mtf cci.,,it will improve your trading
Yes Pips29, I changed my job last year so I was a bit busy in understanding the nature of new work but trust me I frequently visit FF and this thread however could not post here. I have already downloaded and attached MTF CCI to my chart. Thanks for your good work.
  • #6,306
  • Jan 24, 2020 10:35am Jan 24, 2020 10:35am
Quoting TexasPippin
Trade 2 closed with a few green pips, After seeing my trade #1 continue on for a whole bunch of pips AFTER I closed it, I thought I would try to wait some more on this pair....couldn't stand watching it touch the support line and back up anymore. LOL I don't know how you do it Pips29, I hope to learn your patience someday. {image}
this pair is a torture to trade nowadays..during its heyday I was all over it..much cheaper and spread better than cable and move predictable with a catch of 50 pips quite easily...trying to get 20 pips is challenging with this pair now
the cautious seldom err....C
  • #6,307
  • Jan 24, 2020 11:18am Jan 24, 2020 11:18am
Hello everyone, I love this template with coloured shading between the Emas ( the coloured band between the 10 Ema and 34 Ema). Please where can I download the latest template with that colouring?
  • #6,308
  • Jan 24, 2020 1:32pm Jan 24, 2020 1:32pm
Patience, patience and patience. I'm posting 3 of my today's trades I've entered using thread template,almost 70 pips .I don't trade this method on MT4 but on my broker platform,so I've marked trades with red lines.
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Whether you think you can, or you think you can't,you're right. H.F.
  • #6,309
  • Jan 24, 2020 1:48pm Jan 24, 2020 1:48pm
I also had free time from job today and taken few trades
but results are not good
not the worst but also not good
all charts its in m5
I buy nzdcad and exit somewhere 15 bars later with little loss
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I buy eurgbp and exit with brekeven a few bars later and then enter again but exit second trade with loss near the swing end
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I sell eurusd and add another entry later and make little profit
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please coment what I did wrong pips29 and other experience traders
  • #6,310
  • Jan 24, 2020 3:02pm Jan 24, 2020 3:02pm
Quoting forexdg
I also had free time from job today and taken few trades but results are not good not the worst but also not good all charts its in m5 I buy nzdcad and exit somewhere 15 bars later with little loss {image} I buy eurgbp and exit with brekeven a few bars later and then enter again but exit second trade with loss near the swing end {image} I sell eurusd and add another entry later and make little profit {image} please coment what I did wrong pips29 and other experience traders
My friend,first you need to post charts in proper way,so other can read them without guessing. Time,price .pair name is missing.
I personally use windows snipping tool,instead of printcsreen or MT4 or MT5 bulid in option.
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,311
  • Jan 24, 2020 3:41pm Jan 24, 2020 3:41pm
Quoting Simply-Me
{quote} My friend,first you need to post charts in proper way,so other can read them without guessing. Time,price .pair name is missing. I personally use windows snipping tool,instead of printcsreen or MT4 or MT5 bulid in option.
hi simply-me
this its a bug because I cant make color change in foreground
but Im used to it anyway
its not bother me
the pairs are stated right before chars
first chart its nzdcad second chart its eurgbp and third chart its eurusd
all in m5
from now I will write pair on charts before I post
  • #6,312
  • Jan 24, 2020 4:12pm Jan 24, 2020 4:12pm
Quoting forexdg
{quote} hi simply-me this its a bug because I cant make color change in foreground but Im used to it anyway its not bother me the pairs are stated right before chars first chart its nzdcad second chart its eurgbp and third chart its eurusd all in m5 from now I will write pair on charts before I post

What do you mean by it's a bug?
Don't you see date and time on the bottom and price on right side?
I've noticed that you have Pip Counter indicator frozen with gbpjpn price on each chart.
Problem is maybe,that you have downloaded MT4 indicators from forum and using them in MT5.
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,313
  • Jan 24, 2020 4:24pm Jan 24, 2020 4:24pm
Quoting Simply-Me
Patience, patience and patience. I'm posting 3 of my today's trades I've entered using thread template,almost 70 pips .I don't trade this method on MT4 but on my broker platform,so I've marked trades with red lines. {image} {image}
well done Simply, your entries are very accurate with almost no dd..that's how we like it here tiny dd
the cautious seldom err....C
  • #6,314
  • Jan 24, 2020 4:39pm Jan 24, 2020 4:39pm
Quoting pips29
{quote} well done Simply, your entries are very accurate with almost no dd..that's how we like it here tiny dd
thanks pip29, today was very good day.Never underestimate Friday,yep? 13% of equity in 6 trades.Other 3 trades were scalping gold with different method.Only if every day was like today.
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,315
  • Jan 24, 2020 4:43pm Jan 24, 2020 4:43pm
Quoting forexdg
I also had free time from job today and taken few trades but results are not good not the worst but also not good all charts its in m5 I buy nzdcad and exit somewhere 15 bars later with little loss {image} I buy eurgbp and exit with brekeven a few bars later and then enter again but exit second trade with loss near the swing end {image} I sell eurusd and add another entry later and make little profit {image} please coment what I did wrong pips29 and other experience traders
forexdg, first there is something wrong with your signal bar counter..it is just showing the dragon price. I had this problem before and I had to drag this indicator over the various pairs that I have on my platform. Please put on a vertical line over your entry as I find it difficult to move back to look. By marking your entries it is so much easier for all of us to find out what went wrong...I must say our entry could be correct but still lose the trade. For every 1 wrong we get 4 correct and with R:R (Risk:Reward) of 1:2 we can afford to lose 3 and win 2,,so we are all good,in fact very good when we get 80% winners. I'm too tired to look at trades now but if you put on the vertical lines of your entries I promise I will come back to you tomorrow
the cautious seldom err....C
  • #6,316
  • Jan 24, 2020 6:36pm Jan 24, 2020 6:36pm
If any gentleman can make dashboard of pips29 MTF CCI, it would be a great help to scan trending pairs in single window.
  • #6,317
  • Jan 25, 2020 2:30am Jan 25, 2020 2:30am
Quoting Simply-Me
{quote} What do you mean by it's a bug? Don't you see date and time on the bottom and price on right side? I've noticed that you have Pip Counter indicator frozen with gbpjpn price on each chart. Problem is maybe,that you have downloaded MT4 indicators from forum and using them in MT5.
hi simply-me
yes your corect, I dont see date and price
I dont know why but its not important for me, its least of my problems
whats important is to make profit trades and this its something I usualy cant to do
I say every time in the post what time frame is and I post in the same day when I taken the trade, so its easy to track if someone just look the date post
you also are corect about pip count indicator
I think its another bug and mI will remove because I dont find useful pip counter anyway
  • #6,318
  • Jan 25, 2020 2:34am Jan 25, 2020 2:34am
Quoting pips29
{quote} forexdg, first there is something wrong with your signal bar counter..it is just showing the dragon price. I had this problem before and I had to drag this indicator over the various pairs that I have on my platform. Please put on a vertical line over your entry as I find it difficult to move back to look. By marking your entries it is so much easier for all of us to find out what went wrong...I must say our entry could be correct but still lose the trade. For every 1 wrong we get 4 correct and with R:R (Risk:Reward) of 1:2 we can afford...
hi pips29
I write vertical lines in the chart and also note the pair in right side
white line its the entry and red line its the exit
one of my questions its how useful for you its the strength pairs indicator in the right and if I should initiate trade acording to that indicator and never go against it
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: NZDCADM5.png Size: 86 KB
  • #6,319
  • Jan 25, 2020 2:50am Jan 25, 2020 2:50am
Quoting forexdg
{quote} hi simply-me yes your corect, I dont see date and price I dont know why but its not important for me, its least of my problems whats important is to make profit trades and this its something I usualy cant to do I say every time in the post what time frame is and I post in the same day when I taken the trade, so its easy to track if someone just look the date post you also are corect about pip count indicator I think its another bug and mI will remove because I dont find useful pip counter anyway

Forexdg, I'm pretty sure, that you you are using MT4 indicator in MT5 a that's what mess up with your template.
Download MT4 open even demo account and you'll see.
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,320
  • Jan 25, 2020 5:17am Jan 25, 2020 5:17am
Quoting forexdg
{quote} hi pips29 I write vertical lines in the chart and also note the pair in right side white line its the entry and red line its the exit one of my questions its how useful for you its the strength pairs indicator in the right and if I should initiate trade acording to that indicator and never go against it {image} {image} {image}
Here is what I have to say in hindsight. First, I think you did not read the first post and understand the method I trade. FG , the thread owner laid out the method on behalf of me as I'm hopeless with technical issues related to the computer and over the year or two, I have simplify the method so that you need not have to overthink and get yourself in a maze..Please read what is written on the larger picture trend...and trade in the direction and you will have entered your trade correctly from the start,i.e you are correct until proven wrong. Take a look at H1/H4 of eurgbp and see what the 10/34 ema is showing...secondly, I have advised you to trade away from the pivot..You don't have much space before price reached the pivot, yes, the 10/34 ema set up is the center of how we trade but we need to give ourself a better probability that the trade we take will be profitable..when there's a set up with the ema and there is enough distance from the pivot ,say 20 or more pips and if you are looking for 10 or under then you have given yourself a chance to grab that 10 pips. The pivot is very often the line in the sand how you trade..with ncad you took a trade after a bearish candle on H1 and several dojis/spinning tops on H4,,not advisable to go long...in future please take a look at H1/H4 in order to avoid mishaps
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the cautious seldom err....C
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