A very simple system - trade with arrow | Page 328 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Need help for this very very simple indicator 1 reply

Looking for simple arrow indicator 0 replies

lets develop a system which is very very simple but effective. 7 replies

Can anyone add a simple crossover arrow to this? 2 replies

mt4 coder needed for a very very simple system 2 replies

Attachments: A very simple system - trade with arrow
Exit Attachments

A very simple system - trade with arrow

  • #6,541
  • Edited 2:09am Feb 4, 2020 1:51am | Edited 2:09am
GBPUSD First Trade of the Day Closed with small TP. The Range to TP where too small.
EURGBP also taken TP
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD_9197_Pips.gif Size: 48 KB
Click to Enlarge Name: EURGBP_2095_Pips.gif Size: 47 KB
  • #6,542
  • Feb 4, 2020 1:52am Feb 4, 2020 1:52am
Trying UJ allthough many pairs have moved big before frankfurt opened
Attached Image (click to enlarge)
Click to Enlarge Name: UJ M5.png Size: 198 KB
  • #6,543
  • Feb 4, 2020 2:10am Feb 4, 2020 2:10am
EJ and Dax also
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DAX M5.png Size: 53 KB
Click to Enlarge Name: EJ M15.png Size: 76 KB
  • #6,544
  • Feb 4, 2020 2:28am Feb 4, 2020 2:28am
selling EA, but maybe a bad place, but lets c if it can give 10+ pips at least
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD M5 sell.png Size: 39 KB
  • #6,545
  • Feb 4, 2020 3:01am Feb 4, 2020 3:01am
Shorted Gold, booked some, rest at BE

Edit TP moved to 1566.73, hit
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 44 KB
  • #6,546
  • Feb 4, 2020 3:09am Feb 4, 2020 3:09am
Nice Gold Trade, i missed that one..................

Closed ACAD with a loss
But got some pips out of UJ,DAX,EJ + EA
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDCAD M15 closed.png Size: 48 KB
Click to Enlarge Name: EJ M15 Closed.png Size: 67 KB
Click to Enlarge Name: EURAUD M5 closed.png Size: 38 KB
Click to Enlarge Name: UJ M5 closed.png Size: 52 KB
Attached Image
  • #6,547
  • Feb 4, 2020 3:55am Feb 4, 2020 3:55am
Took 2 trades a short while ago, cable and the dragon...took the break of pivot on the dragon and cable an entry towards the pivot which is some distance away. Both trades are now secured....risk free..Edit: had intention of taking both gbpaud and gbpnzd but was a bit fearful,so I went with cable and the dragon
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 69 KB
Click to Enlarge Name: GBPUSDM5.png Size: 63 KB
the cautious seldom err....C
  • #6,548
  • Feb 4, 2020 4:23am Feb 4, 2020 4:23am
Quoting lehmann
{quote} You can always find very good arguments after the fact. But kudos to you that you took the trade. Valid sell in my world, but the entry might be fine tuned.....
hi lehmann
thank you for input
I just open m15 audjpy buy
adr top already touch and cci not all blue
pips29 said its not mandatory to have all cci blue
adr top touch can make it risky but strength indicator show aud its strong and jpy weakest in all pairs
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM15.png Size: 49 KB
  • #6,549
  • Feb 4, 2020 4:31am Feb 4, 2020 4:31am
Quoting lehmann
selling EA, but maybe a bad place, but lets c if it can give 10+ pips at least {image}
you was not scared because you sell low and right in support?
Im looking to see bars pullback in shadow but maybe I do it like beginners
  • #6,550
  • Feb 4, 2020 4:35am Feb 4, 2020 4:35am
Quoting forexdg
{quote} hi lehmann thank you for input I just open m15 audjpy buy adr top already touch and cci not all blue pips29 said its not mandatory to have all cci blue adr top touch can make it risky but strength indicator show aud its strong and jpy weakest in all pairs {image}
I would avoid this trade, reason being, ADR already reached, all CCI not blue (you can ignore it) price is near resistance area.
  • #6,551
  • Feb 4, 2020 4:41am Feb 4, 2020 4:41am
Quoting forexdg
{quote}............... strength indicator show aud its strong and jpy weakest in all pairs {image}
How this strength indicator work? finwiz com shows little bit different data.Not that I relay on it,I'm just curious.
Attached Image
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,552
  • Feb 4, 2020 4:46am Feb 4, 2020 4:46am
Quoting Simply-Me
{quote} How this strength indicator work? finwiz com shows little bit different data.Not that I relay on it,I'm just curious. {image}
It depends upon the TF I think, your data may be of daily TF whereas other CSM is of current TF.
  • #6,553
  • Feb 4, 2020 4:48am Feb 4, 2020 4:48am
Quoting forexdg
{quote} hi lehmann thank you for input I just open m15 audjpy buy adr top already touch and cci not all blue pips29 said its not mandatory to have all cci blue adr top touch can make it risky but strength indicator show aud its strong and jpy weakest in all pairs {image}
I also said the 4 hour 34 ema acts well as S/R
the cautious seldom err....C
  • #6,554
  • Feb 4, 2020 4:50am Feb 4, 2020 4:50am
Quoting Simply-Me
{quote} How this strength indicator work? finwiz com shows little bit different data.Not that I relay on it,I'm just curious. {image}
I dont know
I just use pips29 template with his strength indicator
maybe experienced traders can say more about this comparisons
Quoting pundit78
{quote} It depends upon the TF I think, your data may be of daily TF whereas other CSM is of current TF.
thank you pundit78
so adr is very important and I must not break adr rule, but cci rule is more flexible
  • #6,555
  • Feb 4, 2020 4:56am Feb 4, 2020 4:56am
Quoting pips29
{quote} I also said the 4 hour 34 ema acts well as S/R
Im sorry I didnt check h4
I looked only in h1 and enter
your corect 34ema its there above bars
I exit this trade now and learna valuable lesson
  • #6,556
  • Feb 4, 2020 4:57am Feb 4, 2020 4:57am
Quoting forexdg
{quote} I dont know I just use pips29 template with his strength indicator maybe experienced traders can say more about this comparisons
I'm not sure if I can ask him. Somehow he doesn't take my questions well
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,557
  • Feb 4, 2020 5:09am Feb 4, 2020 5:09am
Quoting forexdg
{quote} Im sorry I didnt check h4 I looked only in h1 and enter your corect 34ema its there above bars I exit this trade now and learna valuable lesson
You don't have to exit the trade..I did not tell you to get out..all I'm saying just take a quick look at H4 before you enter a trade..I would not take the trade not because the adr is reached but rather what I saw on H4
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYH4.png Size: 58 KB
the cautious seldom err....C
  • #6,558
  • Feb 4, 2020 5:32am Feb 4, 2020 5:32am
Quoting Simply-Me
{quote} I'm not sure if I can ask him. Somehow he doesn't take my questions well
you got nothing to lose if you try
I would post more trades if I was you
thats what original posters like
  • #6,559
  • Feb 4, 2020 5:38am Feb 4, 2020 5:38am
Quoting pips29
{quote} You don't have to exit the trade..I did not tell you to get out..all I'm saying just take a quick look at H4 before you enter a trade..I would not take the trade not because the adr is reached but rather what I saw on H4 {image}
I did because it was in 34ema which its not good, like you said
I now see the strong resistance on h4
now I taken m15 gold sell
its from h1 and h4 reissitance coming down
I think this its better then the other trade I took
Attached Image (click to enlarge)
Click to Enlarge Name: GOLDM15.png Size: 42 KB
  • #6,560
  • Feb 4, 2020 6:07am Feb 4, 2020 6:07am
Quoting forexdg
{quote} I did because it was in 34ema which its not good, like you said I now see the strong resistance on h4 now I taken m15 gold sell its from h1 and h4 reissitance coming down I think this its better then the other trade I took {image}
I truly believe you should stick with currencies trading ...gold,like crude oil is heavily manipulated by big boys..you need nerve,grit and lots of experience trading gold and/or crude oil,,much more difficult than currency trading..it's your choice anyway
the cautious seldom err....C
3 traders viewing now