A very simple system - trade with arrow | Page 357 | Forex Factory

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A very simple system - trade with arrow

  • #7,121
  • Apr 12, 2020 12:50am Apr 12, 2020 12:50am
Quoting pips29
{quote} No, it wasn't..I took a loss with the aussie earlier in the week and did not trade much in the last three days of the week..have you started trading H1?
No, not yet...as I did not trade the last 3 days but from next week I will start. As I mentioned earlier I might not trade on Monday...Will see liquidity in the market...
  • #7,122
  • Apr 13, 2020 2:24am Apr 13, 2020 2:24am
Took one trade today....I missed EU....but UCHF was successful...

here is the trade...my screenshot is a bit funny...

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  • #7,123
  • Apr 13, 2020 6:27am Apr 13, 2020 6:27am
Quoting shg
Took one trade today....I missed EU....but UCHF was successful... here is the trade...my screenshot is a bit funny... {image}
good catch. I was unlucky with this one..hope it's the first and last for the week
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the cautious seldom err....C
  • #7,124
  • Apr 13, 2020 6:51am Apr 13, 2020 6:51am
first entry was a small loss ..got it all back plus more with 2nd entry
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the cautious seldom err....C
  • #7,125
  • Apr 13, 2020 6:56am Apr 13, 2020 6:56am
might get a rebound here or the 200 ema..similar pattern of range movement earlier above the 200 ema and the move up
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the cautious seldom err....C
  • #7,126
  • Apr 13, 2020 8:30am Apr 13, 2020 8:30am
taken 1/2 off and locking the rest at b/e+ stress free
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the cautious seldom err....C
  • #7,127
  • Apr 13, 2020 9:06am Apr 13, 2020 9:06am
let's see what kind of reaction if any at the 200 ema
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the cautious seldom err....C
  • #7,128
  • Apr 13, 2020 9:48am Apr 13, 2020 9:48am
risk free trade now and my target was missed by under a pip
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #7,129
  • Apr 13, 2020 9:54am Apr 13, 2020 9:54am
Quoting pips29
risk free trade now and my target was missed by under a pip {image}
smallish target was hit
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the cautious seldom err....C
  • #7,130
  • Apr 13, 2020 10:01am Apr 13, 2020 10:01am
Quoting pips29
taken 1/2 off and locking the rest at b/e+ stress free {image}
decided to take my profit now
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 62 KB
the cautious seldom err....C
  • #7,131
  • Apr 13, 2020 10:06am Apr 13, 2020 10:06am
watching this on H1 now..price is right at the 200 ema of the daily
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the cautious seldom err....C
  • #7,132
  • Apr 13, 2020 11:45am Apr 13, 2020 11:45am
What to say. Entrance would be better if I waited for another five M5 candles when the price closes under EMA10. The exit would be better if I waited only 1 minute)) But I am satisfied))
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Trading has been and always will be, a hard way to make an easy living.
  • #7,133
  • Apr 13, 2020 12:04pm Apr 13, 2020 12:04pm
Quoting Boobligoom
What to say. Entrance would be better if I waited for another five M5 candles when the price closes under EMA10. The exit would be better if I waited only 1 minute)) But I am satisfied)) {image} {image}
yes, just be satisfied., we will get more next time
the cautious seldom err....C
  • #7,134
  • Apr 13, 2020 12:09pm Apr 13, 2020 12:09pm
exactly what I expected that price will retrace up to test that low...I set pending sells instead of making entries rightaway as I need the momentum to the downside to make profitable trades..If the momentum is not there then I won't be triggered..perfectly alright with me...let's see
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 66 KB
the cautious seldom err....C
  • #7,135
  • Apr 14, 2020 1:42am Apr 14, 2020 1:42am
Quoting pips29
exactly what I expected that price will retrace up to test that low...I set pending sells instead of making entries rightaway as I need the momentum to the downside to make profitable trades..If the momentum is not there then I won't be triggered..perfectly alright with me...let's see {image}
Has your trade been activated?
Trading has been and always will be, a hard way to make an easy living.
  • #7,136
  • Apr 14, 2020 3:03am Apr 14, 2020 3:03am
Quoting Boobligoom
{quote} Has your trade been activated?
Yes, I have two entries going. As some will know, I normally remove stop/pending orders but keep the targets intact , when it's about time for the changeover (NY closing), the reason being the widening of spreads. I did exactly that and took an entry near the high and put one pending sell back which was triggered...let's see
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM5a.png Size: 69 KB
the cautious seldom err....C
  • #7,137
  • Apr 14, 2020 3:10am Apr 14, 2020 3:10am
this was the other trade I took before going to bed..my original stop was just below the daily pivot .When the trade was in green I moved my stop up and that caused me some really nice green pips as you can see
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 66 KB
the cautious seldom err....C
  • #7,138
  • Apr 14, 2020 3:21am Apr 14, 2020 3:21am
Quoting pips29
{quote} Yes, I have two entries going. As some will know, I normally remove stop/pending orders but keep the targets intact , when it's about time for the changeover (NY closing), the reason being the widening of spreads. I did exactly that and took an entry near the high and put one pending sell back which was triggered...let's see {image}
both entries protected now..stress free
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM5q.png Size: 62 KB
the cautious seldom err....C
  • #7,139
  • Apr 14, 2020 4:40am Apr 14, 2020 4:40am
after being stopped out for+15 on eurgbp..I entered this trade which is now at +10 EDit:+20 now
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the cautious seldom err....C
  • #7,140
  • Apr 14, 2020 4:43am Apr 14, 2020 4:43am
also in this long...a bit of dd at the beginning...will lock in asap
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the cautious seldom err....C
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