A very simple system - trade with arrow | Page 354 | Forex Factory

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A very simple system - trade with arrow

  • #7,061
  • Apr 2, 2020 4:26am Apr 2, 2020 4:26am
in stress free mode EDIT: Fast& furious ..kicked out
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM5.png Size: 57 KB
the cautious seldom err....C
  • #7,062
  • Apr 2, 2020 4:33am Apr 2, 2020 4:33am
Quoting pips29
{quote} this trade does look good ..I reckon there's at least 50 pips in it.You are probably aware the euro is weak atm and commodity currencies are showing strength...I'm in eurnzd short,audusd,audchf long..trade safe
I had interest in EA but i did not enter...i still reckon ECHF has potential...I will check rest your trades for entry...

Thanks
  • #7,063
  • Apr 2, 2020 4:35am Apr 2, 2020 4:35am
you can still use the method to trade H1/H4...just need a bigger stop but not in the size of 700 pips..take a look at this ,,,this pair is a candidate for more downside , don't you think so?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 58 KB
the cautious seldom err....C
  • #7,064
  • Apr 2, 2020 4:38am Apr 2, 2020 4:38am
Quoting pips29
you can still use the method to trade H1/H4...just need a bigger stop but not in the size of 700 pips..take a look at this ,,,this pair is a candidate for more downside , don't you think so? {image}
Yes it is...It has lot of potential for down....Which indi are you using? last one...square boxes...Can i have it please?
  • #7,065
  • Apr 2, 2020 4:41am Apr 2, 2020 4:41am
I have entered into this. It retraces and I felt a good entry point with a small lot. I am risking very small...

Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd-pro-m15-axicorp-financial-services.png Size: 79 KB
  • #7,066
  • Apr 2, 2020 4:47am Apr 2, 2020 4:47am
Quoting shg
{quote} I had interest in EA but i did not enter...i still reckon ECHF has potential...I will check rest your trades for entry... Thanks
EA is a fearsome pair to trade nowadays for you can get more than 200 pips on a 5 minute candle...for the past year it was quiet and adr was very small and difficult to make pips from it but now it's like a free atm if you catch the right move
the cautious seldom err....C
  • #7,067
  • Apr 2, 2020 4:51am Apr 2, 2020 4:51am
Quoting shg
I have entered into this. It retraces and I felt a good entry point with a small lot. I am risking very small... {image}
lot size doesn't matter ..it's a matter of win or lose...and a word of advice ..a M15 trade does not require more than a 100 pips stop..if it does it's best you look for the next trade
the cautious seldom err....C
  • #7,068
  • Apr 2, 2020 4:55am Apr 2, 2020 4:55am
Quoting pips29
{quote} lot size doesn't matter ..it's a matter of win or lose...and a word of advice ..a M15 trade does not require more than a 100 pips stop..if it does it's best you look for the next trade
Gud advice. I will keep this in my note...
  • #7,069
  • Apr 2, 2020 5:01am Apr 2, 2020 5:01am
the aussie pairs I have are squeezing my nuts...if I don't smell what the Rock is smelling I will cut them off and take the loss like the boss
the cautious seldom err....C
  • #7,070
  • Apr 2, 2020 6:17am Apr 2, 2020 6:17am
I ate a loss of 16 pips on audchf but hedge my audusd at -22 pips..chucking this aside now and concentrate on other pairs
the cautious seldom err....C
  • #7,071
  • Apr 2, 2020 6:45am Apr 2, 2020 6:45am
Quoting pips29
I ate a loss of 16 pips on audchf but hedge my audusd at -22 pips..chucking this aside now and concentrate on other pairs
  • #7,072
  • Apr 2, 2020 6:51am Apr 2, 2020 6:51am
Quoting pips29
{quote} this trade does look good ..I reckon there's at least 50 pips in it.You are probably aware the euro is weak atm and commodity currencies are showing strength...I'm in eurnzd short,audusd,audchf long..trade safe
I took 38 pips profit and closed it. It missed my TP by just 2 pips.
  • #7,073
  • Apr 2, 2020 7:37am Apr 2, 2020 7:37am
Quoting pips29
you can still use the method to trade H1/H4...just need a bigger stop but not in the size of 700 pips..take a look at this ,,,this pair is a candidate for more downside , don't you think so? {image}
I will start trading H1 from tomorrow. I will keep posting the charts.... Will see the results....
  • #7,074
  • Apr 2, 2020 8:10am Apr 2, 2020 8:10am
Quoting pips29
you can still use the method to trade H1/H4...just need a bigger stop but not in the size of 700 pips..take a look at this ,,,this pair is a candidate for more downside , don't you think so? {image}
are you enjoying the ride? I' am EDit: stop at +50
Attached Image (click to enlarge)
Click to Enlarge Name: 3.PNG Size: 60 KB
the cautious seldom err....C
  • #7,075
  • Apr 2, 2020 8:39am Apr 2, 2020 8:39am
here's the aussie trade..after H4 close the downside looks better and so I'm setting a pending sell just below the low..let's see if it works out..I don't usually hedge as I'm not good with this
Attached Image (click to enlarge)
Click to Enlarge Name: Capturehedge.PNG Size: 62 KB
the cautious seldom err....C
  • #7,076
  • Apr 2, 2020 8:43am Apr 2, 2020 8:43am
they hunted me down
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 54 KB
the cautious seldom err....C
  • #7,077
  • Apr 2, 2020 8:44am Apr 2, 2020 8:44am
Quoting pips29
{quote} are you enjoying the ride? I' am EDit: stop at +50 {image}
I am currently 36 pips positive. I exited EN when it was 8 pips minus. I was lucky...

Thanks
  • #7,078
  • Apr 2, 2020 11:49am Apr 2, 2020 11:49am
I will gradually increase the goals for profit, in small steps. I think that I need to get used to intraday trading and stop monitoring the M1 and pipsometr chart. Because this indicator strongly excites me and raises pressure, if I see how I am losing not fixed profit))
It could have been better, but the fear of a reversal makes me pick up only +5 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_5.png Size: 73 KB
Trading has been and always will be, a hard way to make an easy living.
  • #7,079
  • Apr 2, 2020 11:57am Apr 2, 2020 11:57am
+5 at the evening session. I focus only on the EU. 10 pips today is 4%. that's enough for me today))
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Click to Enlarge Name: Screenshot_6.png Size: 54 KB
Trading has been and always will be, a hard way to make an easy living.
  • #7,080
  • Apr 2, 2020 3:56pm Apr 2, 2020 3:56pm
Quoting pips29
you can still use the method to trade H1/H4...just need a bigger stop but not in the size of 700 pips..take a look at this ,,,this pair is a candidate for more downside , don't you think so? {image}
what setting do you use for drbobcci? i cannot match my entries with yours
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