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A very simple system - trade with arrow

  • #6,981
  • Mar 26, 2020 10:40am Mar 26, 2020 10:40am
Quoting pips29
this could be the next big trade... {image}
triggered and while waiting I have a go and made some pips...patience is a virtue but very hard to practise when it comes down to forex..we suffer from FOMO
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the cautious seldom err....C
  • #6,982
  • Mar 26, 2020 11:02am Mar 26, 2020 11:02am
Quoting pips29
{quote} triggered and while waiting I have a go and made some pips...patience is a virtue but very hard to practise when it comes down to forex..we suffer from FOMO {image}
got kicked out when I moved the stop to b/e after taking 1/2 off for profits...only trade left is the kiwi where I took another 20% off and left with 60%..I'm done posting for today..trade safe
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the cautious seldom err....C
  • #6,983
  • Mar 27, 2020 5:24am Mar 27, 2020 5:24am
Hi pips29,
I took EG sell today...check and if you can assist me if this is correct trade...

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Thanks
  • #6,984
  • Mar 27, 2020 5:26am Mar 27, 2020 5:26am
This is EJ...

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  • #6,985
  • Mar 27, 2020 5:27am Mar 27, 2020 5:27am
And yes this is one more...just wanted to see how it goes. I have enabled 10 pips trailing stop....

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  • #6,986
  • Mar 27, 2020 5:39am Mar 27, 2020 5:39am
I am out in EG. Trailing stop triggered and it stop out....

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  • #6,987
  • Mar 27, 2020 5:51am Mar 27, 2020 5:51am
Dear Pips29,
I love your your trading chart. Could be possible for me to get the template your chart set up with the indicators on it?
Thank you for your continued assistance.
Danking54.
  • #6,988
  • Mar 27, 2020 6:13am Mar 27, 2020 6:13am
EJ and GA both stop out. Trailing stop activated. Didn't gain many pips but all positive...
  • #6,989
  • Mar 27, 2020 7:37am Mar 27, 2020 7:37am
Quoting shg
This is EJ... {image} {image}
I did not get much time in front of the computer as I was engaged with some housework, anyway,after taking a quick look I see you are taking trades according to the flow of price and so the direction was correct..it's very important that you start off correct with the direction and then let price prove otherwise than to start off in the wrong direction..in this game the objective is not to lose..if you don't win it's OK but just don't lose..I took a trade this morning and soon after taking some profits I locked my trade in at b/e as the lady boss wanted me to do some housework and was stopped out before my target was hit..Wed and Fridays I don't have the freedom to trade all day
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the cautious seldom err....C
  • #6,990
  • Mar 27, 2020 7:41am Mar 27, 2020 7:41am
Quoting Danking54
Dear Pips29, I love your your trading chart. Could be possible for me to get the template your chart set up with the indicators on it? Thank you for your continued assistance. Danking54.
The template should be on the first page thanks to Foolsgame
the cautious seldom err....C
  • #6,991
  • Mar 27, 2020 7:43am Mar 27, 2020 7:43am
Quoting shg
Hi pips29, I took EG sell today...check and if you can assist me if this is correct trade... {image} {image} Thanks
I don't like talking hindsight but you could have got in slightly earlier. I also want to point out that H4/H1 would be more appropriate when trading M15/M5
the cautious seldom err....C
  • #6,992
  • Mar 27, 2020 9:22am Mar 27, 2020 9:22am
Quoting pips29
{quote} I don't like talking hindsight but you could have got in slightly earlier. I also want to point out that H4/H1 would be more appropriate when trading M15/M5
Yes I will keep eyes on it...Also I took NC and then I went to help my mom for housework and I just came back and checked. I made good profit but I feel that I did take wrong entry. I am posting chart for your reference. It may be again H4/H1 but I will see your input as well. I will be ready soon I feel. Next week will give me more time to learn....
  • #6,993
  • Mar 27, 2020 9:23am Mar 27, 2020 9:23am
I manually close this trade...

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Thank you for your help
  • #6,994
  • Mar 27, 2020 7:03pm Mar 27, 2020 7:03pm
can I have your file Pips29.mq4
  • #6,995
  • Mar 28, 2020 6:20am Mar 28, 2020 6:20am
Quoting Duggerss
can I have your file Pips29.mq4
I don't understand what you're looking for but if you click on my avatar you will be able to get all the indicators
the cautious seldom err....C
  • #6,996
  • Mar 28, 2020 6:32am Mar 28, 2020 6:32am
Guys, I'm still trying to make this method simple and take the "thinking" out. I want to make it "visual trading" and you don't have to think...robotic but with the benefit of sight, slight difference from robots. Hope to be able to achieve this soon..not the Holy Grail but one that brings success.
the cautious seldom err....C
  • #6,997
  • Edited 8:18am Mar 28, 2020 7:57am | Edited 8:18am
Please have your chart similar to mine with these indicators (compulsory) namely the daily pivots,10/34ema (optional 102 ema on M5 only) and the 200 ema on H4/daily on the price chart and the cci14/50 below and the cci mtf or pips 29 set to 50...any others are up to you if you think they help...with the chart set up you now have to use your thinking cap to see where the best trades come from..once you have done that and traded those set ups successfully you have reached the point where you can leave your brain for something more useful and trade visually solely without stress..a famous quote below:
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the cautious seldom err....C
  • #6,998
  • Mar 30, 2020 4:18am Mar 30, 2020 4:18am
Today So far I took 3 trades. 2 are running negative. Here is the first one. EC...to start with...

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  • #6,999
  • Mar 30, 2020 4:20am Mar 30, 2020 4:20am
This is AC....

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  • #7,000
  • Mar 30, 2020 4:21am Mar 30, 2020 4:21am
One more from today...AJ

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