A very simple system - trade with arrow | Page 339 | Forex Factory

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A very simple system - trade with arrow

  • #6,761
  • Feb 18, 2020 5:52am Feb 18, 2020 5:52am
I went short eurgbp with half the size now..will add when the right time comes..Edit:locking in at b/e
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM5.png Size: 56 KB
the cautious seldom err....C
  • #6,762
  • Feb 18, 2020 6:35am Feb 18, 2020 6:35am
Quoting pips29
I went short eurgbp with half the size now..will add when the right time comes..Edit:locking in at b/e {image}
decided to take my profits when the adr was reached...will consider re-entering later..got to monitor my loonie trade atm
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM5.png Size: 55 KB
the cautious seldom err....C
  • #6,763
  • Feb 18, 2020 7:37am Feb 18, 2020 7:37am
added another entry and both are protected with profits and locked in at b/e+..my targets are much higher above,,,can't get any easier following the 10/34 ema
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 83 KB
the cautious seldom err....C
  • #6,764
  • Feb 18, 2020 8:19am Feb 18, 2020 8:19am
EU worked with a very tight stop. But would actually have closed it before, but wasnt around after BE
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  • #6,765
  • Feb 18, 2020 8:24am Feb 18, 2020 8:24am
Quoting pips29
this pair does look bearish to me and a test of 1.4450 is on the cards, several lows around this level were left by the big boys and they will probably do the same this time round and break it taking all the stops out...even if this level is not broken yet again leaving the impression it is a strong level, there is enough pips to be made by following them on a downward move...in all cases please follow a set up...no set up no trade {image}
The big boys were ruthless..those who went long must have taken a fierce beating
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADDaily.png Size: 78 KB
the cautious seldom err....C
  • #6,766
  • Feb 19, 2020 10:03am Feb 19, 2020 10:03am
caught this trade earlier
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 63 KB
the cautious seldom err....C
  • #6,767
  • Edited 10:44am Feb 19, 2020 10:10am | Edited 10:44am
a very strong run today and I had taken a short at the gap .I have another pending sell at the top side of the gap...nothing to do with the method but just playing the gap..let's see EDit; gap filled and my pending sell was triggered, in some dd atm
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 79 KB
the cautious seldom err....C
  • #6,768
  • Feb 19, 2020 10:18am Feb 19, 2020 10:18am
the last time the index went to 99.20 it ended as a rejection with an upper wick...it might do the same this time
Attached Image (click to enlarge)
Click to Enlarge Name: USDX.rDaily.png Size: 69 KB
the cautious seldom err....C
  • #6,769
  • Feb 20, 2020 4:56am Feb 20, 2020 4:56am
Nice trading yesterday Pips29. I was away last week visiting family and attending a funeral so did not have time to post. This week half term so my 3 children are in the house - which can be rather distracting! Anyway had a good couple of trades yesterday on the weak yen.

Currently long EUR/NZD:
Again simple 34/10EMA trade. Clearly in an uptrend. Price retraced into shadow after hitting resistance at W38. All boxes blue for long trade and m5 & m15 Stoch in alignment in oversold area (I refer to the stoch a little to time entries).
Things against the trade? Well price is already overextended the ADR and might have trouble breaking the resistance at W38. We shall see.
Attached Image (click to enlarge)
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Also currently in EUR/JPY long trade.
  • #6,770
  • Feb 20, 2020 6:40pm Feb 20, 2020 6:40pm
just a quick scalp before going to bed
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 61 KB
the cautious seldom err....C
  • #6,771
  • Feb 21, 2020 4:34am Feb 21, 2020 4:34am
took some time for cable to move up
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 62 KB
the cautious seldom err....C
  • #6,772
  • Feb 21, 2020 8:57am Feb 21, 2020 8:57am
didn't have to wait long
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM5.png Size: 62 KB
the cautious seldom err....C
  • #6,773
  • Feb 21, 2020 9:00am Feb 21, 2020 9:00am
was unlucky with this trade
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 57 KB
the cautious seldom err....C
  • #6,774
  • Feb 21, 2020 9:04am Feb 21, 2020 9:04am
made some from this pair,,somehow I'm trading euro since the gap is closed now. I posted the gap on eurusd sometime back and it's closed now
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 57 KB
the cautious seldom err....C
  • #6,775
  • Feb 23, 2020 4:05pm Feb 23, 2020 4:05pm
did not expect this but I ain't complaining especially with a +ve slippage of 14 pips...what a great start to my trading week
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM5.png Size: 52 KB
the cautious seldom err....C
  • #6,776
  • Feb 24, 2020 4:28am Feb 24, 2020 4:28am
I have the luxury of moving my stop higher up as I have already taken 60% off for green pips,,being in a mean mood I have decided to keep my stop there
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 58 KB
the cautious seldom err....C
  • #6,777
  • Feb 24, 2020 5:59am Feb 24, 2020 5:59am
got some pips while watching the stock market sink, lossed on USDCHF but profit on the others
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Uchf loss.png Size: 45 KB
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  • #6,778
  • Feb 24, 2020 6:01am Feb 24, 2020 6:01am
taken some profits and leaving one portion for target just below the lower limit of the adr..incidentally, I have closed all position on cable as the heat was getting too much for me
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM5.png Size: 71 KB
the cautious seldom err....C
  • #6,779
  • Feb 24, 2020 6:04am Feb 24, 2020 6:04am
Quoting lehmann
got some pips while watching the stock market sink, lossed on USDCHF but profit on the others {image} {image} {image} {image} {image}
wow! lehmann, you are trading very well, how about buying a beer for me
the cautious seldom err....C
  • #6,780
  • Feb 24, 2020 6:21am Feb 24, 2020 6:21am
just to let you know guys, I will be using M30,H1 and H4 to make some trades using "half-naked" charts.It's a slightly different method but the cci still remains the core of the method as to the timing of entry..pivots are also used..the trade might last several days,don't know if I should use another thread but I'm not doing this on this thread
the cautious seldom err....C
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