the cautious seldom err....C
A very simple system - trade with arrow
- #6,642
- Feb 6, 2020 9:51am Feb 6, 2020 9:51am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
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}
the cautious seldom err....C
- #6,643
- Feb 6, 2020 10:02am Feb 6, 2020 10:02am
- Joined Jul 2011 | Status: Gold Again | 10,586 Posts
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
Join us at
https://www.forexfactory.com/showthread.php?t=976730
It takes a lot for me to IGNORE you, but you can try.
- #6,645
- Feb 6, 2020 10:53am Feb 6, 2020 10:53am
{quote} Damn , ditch all those indicators and trade the PRICE Join us at https://www.forexfactory.com/showthread.php?t=976730
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 1:50pm Feb 6, 2020 1:50pm
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #6,647
- Feb 6, 2020 1:54pm Feb 6, 2020 1:54pm
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #6,648
- Feb 6, 2020 2:03pm Feb 6, 2020 2:03pm
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #6,650
- Feb 6, 2020 6:34pm Feb 6, 2020 6:34pm
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #6,651
- Edited 3:45am Feb 7, 2020 3:33am | Edited 3:45am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #6,653
- Feb 7, 2020 3:44am Feb 7, 2020 3:44am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
Does this system work on all pairs or it better suited for certain pairs?
the cautious seldom err....C
- #6,655
- Feb 7, 2020 4:17am Feb 7, 2020 4:17am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #6,656
- Feb 7, 2020 4:40am Feb 7, 2020 4:40am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
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
the cautious seldom err....C
- #6,657
- Feb 7, 2020 4:58am Feb 7, 2020 4:58am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #6,658
- Feb 7, 2020 5:44am Feb 7, 2020 5:44am
{quote} dude, the colors can always be changed. It's about the concept of terend CCI as a background.
.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 7:47am Feb 7, 2020 7:47am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
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...
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!
