A very simple system - trade with arrow | Page 341 | Forex Factory

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A very simple system - trade with arrow

  • #6,801
  • Feb 25, 2020 9:40am Feb 25, 2020 9:40am
must be my fastest trade of all time on M1
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the cautious seldom err....C
  • #6,802
  • Feb 25, 2020 9:58am Feb 25, 2020 9:58am
Quoting pips29
those tops in the area shaded will be tested if price is able to get past the 200 ema....imo {image}
broken and looking good
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the cautious seldom err....C
  • #6,803
  • Feb 25, 2020 10:08am Feb 25, 2020 10:08am
gone long eurusd, a bit of a chase..I was waiting for a set up but got distracted with other things..let's see..my entry would have been the start of the candle where it's now my stop
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the cautious seldom err....C
  • #6,804
  • Feb 25, 2020 10:23am Feb 25, 2020 10:23am
taken some out and stop moved to b/e+...I'm happy to say I can't show you a losing trade as everyone taken today are winners...time to relax as remaining trades are all protected with profits, in any case the platform is playing up,,perhaps it's a signal for me to call it a day
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Click to Enlarge Name: EURUSDM15.png Size: 67 KB
the cautious seldom err....C
  • #6,805
  • Feb 26, 2020 2:55am Feb 26, 2020 2:55am
Quoting pips29
{quote} taken some profits from these shorts...I was just looking at euraud and I believe price has some business to do higher up. I have been buliish this pair for some time now {image}
price has reached the zone marked faster than I can change my underwear..I know traders using another method are in deep shit;moving averages will tell you the trend is moving up from miles away
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Click to Enlarge Name: EURAUDH4.png Size: 67 KB
the cautious seldom err....C
  • #6,806
  • Feb 26, 2020 3:55am Feb 26, 2020 3:55am
I was actually waiting for H4 to close before taking my first trade..got tired of waiting and wt-heck, I might as well enter now
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the cautious seldom err....C
  • #6,807
  • Feb 26, 2020 3:58am Feb 26, 2020 3:58am
just to be clear, I no longer have any exposure with cable and eurusd
the cautious seldom err....C
  • #6,808
  • Feb 26, 2020 4:25am Feb 26, 2020 4:25am
I have not traded this pair in a long time but...
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM15.png Size: 66 KB
the cautious seldom err....C
  • #6,809
  • Feb 26, 2020 4:34am Feb 26, 2020 4:34am
perhaps not the day to short the US500
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Click to Enlarge Name: US500.rDaily.png Size: 57 KB
the cautious seldom err....C
  • #6,810
  • Feb 26, 2020 8:52am Feb 26, 2020 8:52am
Quoting pips29
perhaps not the day to short the US500 {image}
taken the trade out for some profits...in dd with my cad trades...I reckon the cad is setting traps for those who are bullish...crude oil inventories data should push the cad down imo..let's see
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Click to Enlarge Name: US500.rDaily.png Size: 46 KB
the cautious seldom err....C
  • #6,811
  • Feb 26, 2020 10:04am Feb 26, 2020 10:04am
my cad trades looking very good. I had added entries on both trades at the 34ema on H4
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Click to Enlarge Name: CADJPYM15.png Size: 74 KB
Click to Enlarge Name: USDCADM15.png Size: 72 KB
Click to Enlarge Name: CADJPYH4.png Size: 62 KB
Click to Enlarge Name: USDCADH4.png Size: 70 KB
the cautious seldom err....C
  • #6,812
  • Feb 26, 2020 11:08am Feb 26, 2020 11:08am
I'm likely to close shop now..my target is already reached...hope you guys post some trades...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CADJPYM15.png Size: 71 KB
Click to Enlarge Name: USDCADM15.png Size: 70 KB
the cautious seldom err....C
  • #6,813
  • Feb 26, 2020 11:49am Feb 26, 2020 11:49am
Quoting pips29
{quote} price has reached the zone marked faster than I can change my underwear..I know traders using another method are in deep shit;moving averages will tell you the trend is moving up from miles away {image}
a lot of stops have been cleaned out...interesting indeed
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH4.png Size: 66 KB
the cautious seldom err....C
  • #6,814
  • Feb 26, 2020 12:04pm Feb 26, 2020 12:04pm
gone short with small size...will add with more confirmation...I'm just testing the water now...
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM30.png Size: 62 KB
the cautious seldom err....C
  • #6,815
  • Feb 26, 2020 11:18pm Feb 26, 2020 11:18pm
Quoting pips29
gone short with small size...will add with more confirmation...I'm just testing the water now... {image}
Interested in having a look at this strategy.. pips29 best place to start is at page one or has this evolved some what over the past 340 odd pages ?
  • #6,816
  • Feb 27, 2020 4:44am Feb 27, 2020 4:44am
Quoting PhillipmC
{quote} Interested in having a look at this strategy.. pips29 best place to start is at page one or has this evolved some what over the past 340 odd pages ?
Hey Phillip,welcome..I would just say if you are new to trading it's a good idea to read through the thread but if you have been trading for sometime then perhaps read the first few pages of the thread and continue from say 3 months back..
the cautious seldom err....C
  • #6,817
  • Feb 27, 2020 4:55am Feb 27, 2020 4:55am
I took this trade earlier and now in some dd...the same thing applies to audyen as well
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYM5.png Size: 60 KB
the cautious seldom err....C
  • #6,818
  • Feb 27, 2020 4:59am Feb 27, 2020 4:59am
Quoting pips29
{quote} Hey Phillip,welcome..I would just say if you are new to trading it's a good idea to read through the thread but if you have been trading for sometime then perhaps read the first few pages of the thread and continue from say 3 months back..
Ye been trading for 4 years I'll take your suggestion thanks
  • #6,819
  • Feb 27, 2020 11:18am Feb 27, 2020 11:18am
wasted my time with this pair
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM5.png Size: 60 KB
the cautious seldom err....C
  • #6,820
  • Feb 28, 2020 4:46am Feb 28, 2020 4:46am
Quoting pips29
nothing much to do and before the 1st match of the afternoon between Leicester City v Chelsea, I look at some charts and a thread where nearly every trader is in deep pain with this pair Eur/Aud besides many..Guys, this is the monthly chart ....as you can see the 50 level fib of the monthly held up well for many months where price was rejected ( marked in blue) but last month was unusual...price closed above this level...those who gone short have their backs against the wall now..... but as a trader of the 10/34 ema we will make use of this fact...
just about a month ago I posted this chart...looks like it's playing out on the monthly...I took a loss trying to be smart by going short the other day, the devil must have taken over me..damn! back to basic from now on trading the 10/34 ema and the cci
the cautious seldom err....C
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