A very simple system - trade with arrow | Page 333 | Forex Factory

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A very simple system - trade with arrow

  • #6,641
  • Feb 6, 2020 7:47am Feb 6, 2020 7:47am
let's see if she has more to give
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the cautious seldom err....C
  • #6,642
  • Feb 6, 2020 7:51am Feb 6, 2020 7:51am
Quoting forexdg
I closed gbpjpy breakeven the day is lost I lose everytime with every strategy I put hands on I dont know why but Im afraid I never can trade with succes in this business {image}
Do you drive ?
the cautious seldom err....C
  • #6,643
  • Feb 6, 2020 8:02am Feb 6, 2020 8:02am
Quoting forexdg
I closed gbpjpy breakeven the day is lost I lose everytime with every strategy I put hands on I dont know why but Im afraid I never can trade with succes in this business {image}
Damn , ditch all those indicators and trade the PRICE

Join us at

https://www.forexfactory.com/showthread.php?t=976730

It takes a lot for me to IGNORE you, but you can try.
  • #6,644
  • Feb 6, 2020 8:50am Feb 6, 2020 8:50am
Quoting pips29
{quote} Do you drive ?
no dont drive
why you ask?
  • #6,645
  • Feb 6, 2020 8:53am Feb 6, 2020 8:53am
Quoting Erebus
{quote} Damn , ditch all those indicators and trade the PRICE Join us at https://www.forexfactory.com/showthread.php?t=976730
thank you erebus
I curently want to stick to this system and figure whats wrong with me in way of trading it
I jump from system to system for many years and I think this its one of the problems
but I will remember you and that thread in the future if its needed
  • #6,646
  • Feb 6, 2020 11:50am Feb 6, 2020 11:50am
let's see how far this can go...some aussie related red news coming up later
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the cautious seldom err....C
  • #6,647
  • Feb 6, 2020 11:54am Feb 6, 2020 11:54am
taken out with a small spike...the kiwi is the harder of the two to trade for me today, not having much success
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the cautious seldom err....C
  • #6,648
  • Feb 6, 2020 12:03pm Feb 6, 2020 12:03pm
a slow mover usually, until red news
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the cautious seldom err....C
  • #6,649
  • Feb 6, 2020 12:07pm Feb 6, 2020 12:07pm
It is very slow, but just came back and thought it was closed, but missed it by 0.1 pip or something................
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  • #6,650
  • Feb 6, 2020 4:34pm Feb 6, 2020 4:34pm
just a quick scalp before going to bed...off now..zzz.zzz..got what I wanted with acad
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Click to Enlarge Name: AUDCADM5.png Size: 52 KB
the cautious seldom err....C
  • #6,651
  • Edited 1:45am Feb 7, 2020 1:33am | Edited 1:45am
re-entered euraud, taken a portion off and locked in at b/e+,,,,risk free EDit: taken another portion off
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Click to Enlarge Name: EURAUDM5.png Size: 59 KB
the cautious seldom err....C
  • #6,652
  • Feb 7, 2020 1:40am Feb 7, 2020 1:40am
Does this system work on all pairs or it better suited for certain pairs?
  • #6,653
  • Feb 7, 2020 1:44am Feb 7, 2020 1:44am
Quoting ss30
Does this system work on all pairs or it better suited for certain pairs?
Yes,on the currency pairs I am trading
the cautious seldom err....C
  • #6,654
  • Feb 7, 2020 2:10am Feb 7, 2020 2:10am
Quoting ss30
Does this system work on all pairs or it better suited for certain pairs?




ss30, sure it works on all pairs,however I personally pay attention to pairs with high ADR, because they have tendency on 5m TF quickly give and even quicker take pips and I don't trade them,because I have higher spread on them.(mostly gbp pairs except cable)
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,655
  • Feb 7, 2020 2:17am Feb 7, 2020 2:17am
Quoting pips29
re-entered euraud, taken a portion off and locked in at b/e+,,,,risk free EDit: taken another portion off {image}
closing this trade ..
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Click to Enlarge Name: EURAUDM5.png Size: 57 KB
the cautious seldom err....C
  • #6,656
  • Feb 7, 2020 2:40am Feb 7, 2020 2:40am
just an example among many you could see today which cannot be simpler...when the cci 50 is below 0, go short if you see a set up with the 10/34 ema and if you like to trade after LO just wait for an hour or so after the open and look at pa.,,when price cannot break the 34 ema , where do you expect price to go ..down obviously and that 's reading pa..nothing complicated,,,you just need to keep your eyes open to do that and not what you think will happen ..important thing to do is trade what is happening..you don't have a crystal ball like I have,,,just joking
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 56 KB
the cautious seldom err....C
  • #6,657
  • Feb 7, 2020 2:58am Feb 7, 2020 2:58am
Quoting stond
I used the indicators I have. I got it. CCI period 95 looks good as a background. stond {image} {image}
dude, your charts are too colourful for me to be legible
the cautious seldom err....C
  • #6,658
  • Feb 7, 2020 3:44am Feb 7, 2020 3:44am
Quoting stond
{quote} dude, the colors can always be changed. It's about the concept of terend CCI as a background.
Hi stond,no offense,but pips29 is right from my point of view.When I opened your charts I got dizzy in second .but if it works for you,it's ok.
Whether you think you can, or you think you can't,you're right. H.F.
  • #6,659
  • Feb 7, 2020 5:47am Feb 7, 2020 5:47am
I just got home (about 10 mins) before the nfp and thought I did not have any position open..right on the dot when the nfp was released,I happened to look at my other acc. and realised this position was still open.I then closed it immediately not knowing what the nfp figures were..it's only a matter of time will I know I did the right thing..going forward I think I will trade one account at a time...memory is not as good as before probably due to age
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD.rH1.png Size: 62 KB
the cautious seldom err....C
  • #6,660
  • Feb 7, 2020 5:57am Feb 7, 2020 5:57am
Quoting pips29
just an example among many you could see today which cannot be simpler...when the cci 50 is below 0, go short if you see a set up with the 10/34 ema and if you like to trade after LO just wait for an hour or so after the open and look at pa.,,when price cannot break the 34 ema , where do you expect price to go ..down obviously and that 's reading pa..nothing complicated,,,you just need to keep your eyes open to do that and not what you think will happen ..important thing to do is trade what is happening..you don't have a crystal ball like I have,,,just...
GBP/AUD Long trade:
I don't usually enter so soon after London open but I was expecting some risk off sentiment in the markets today and price had been rising from the Weekly S61 support. The main reason for the trade was, as Pips29 says, was not complicated - price position, price action & trading with trend. First entry not great - price tends to react around Big Round Numbers (BRN). Second entry a lot better waiting for price to retrace towards the 34 ema and the high from the asia session (support). I have taken some profit and will monitor to see if it can reach weekly pivot - bit of a big ask though!
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