A very simple system - trade with arrow | Page 365 | Forex Factory

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A very simple system - trade with arrow

  • #7,281
  • Apr 22, 2020 11:46am Apr 22, 2020 11:46am
taken 50% off both pairs ,
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the cautious seldom err....C
  • #7,282
  • Apr 23, 2020 3:13am Apr 23, 2020 3:13am
swinging my way now..trades protected and also +ve overall
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Click to Enlarge Name: USDJPYM5.png Size: 71 KB
the cautious seldom err....C
  • #7,283
  • Apr 23, 2020 3:15am Apr 23, 2020 3:15am
my first trade of the morning,,,taken a few candles back below the 34 ema..EDit: taken 50% off and stop at b/e now
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Click to Enlarge Name: EURNZDM5.png Size: 67 KB
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the cautious seldom err....C
  • #7,284
  • Apr 23, 2020 4:22am Apr 23, 2020 4:22am
trade closed
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Click to Enlarge Name: EURNZDM5.png Size: 64 KB
the cautious seldom err....C
  • #7,285
  • Apr 23, 2020 4:25am Apr 23, 2020 4:25am
locking in at b/e now..time to look for another trade
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Click to Enlarge Name: USDCHFM5.png Size: 62 KB
the cautious seldom err....C
  • #7,286
  • Apr 23, 2020 4:32am Apr 23, 2020 4:32am
price is stuck around the 34 ema of H4, so not convinced to go long yet
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the cautious seldom err....C
  • #7,287
  • Apr 23, 2020 4:46am Apr 23, 2020 4:46am
there's a gap which I think is likely to be tested soon...I'm not sure whether I should take a small entry now or to wait for the cci 50 to close above 0 EDit: gone in with a small entry..will refrain from posting until I see a post from the next person,,interest shown here is pretty shallow
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYDaily.png Size: 50 KB
the cautious seldom err....C
  • #7,288
  • Apr 23, 2020 6:49am Apr 23, 2020 6:49am
As usual, I collected the crumbs from the table))
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Trading has been and always will be, a hard way to make an easy living.
  • #7,289
  • Apr 23, 2020 6:54am Apr 23, 2020 6:54am
Quoting pips29
trade closed {image}
I like. Tell me, how many orders do you open for one currency pair? or you always use one order, but with partial closure.
Trading has been and always will be, a hard way to make an easy living.
  • #7,290
  • Apr 23, 2020 6:55am Apr 23, 2020 6:55am
Quoting Boobligoom
As usual, I collected the crumbs from the table)){image}
your crumbs will soon turn into a loaf soon
the cautious seldom err....C
  • #7,291
  • Apr 23, 2020 6:58am Apr 23, 2020 6:58am
Quoting Boobligoom
{quote} I like. Tell me, how many orders do you open for one currency pair? or you always use one order, but with partial closure.
When I am quite certain where price will be going I open 1 order and take partial as it goes along..When I'm not too sure or trading htf I will be cautious and open a smaller order initially
the cautious seldom err....C
  • #7,292
  • Apr 23, 2020 7:06am Apr 23, 2020 7:06am
I actually lost my balls over this trade and cashed out when I got to b/e.. the moment I entered price had me in a corner..I skipped the process of a good trade and the entry should rightly be where I got off..I know my mistake but fortunately it did not cost me apart from a kick to my balls which was not enjoyable
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM5.png Size: 63 KB
the cautious seldom err....C
  • #7,293
  • Apr 23, 2020 7:18am Apr 23, 2020 7:18am
have a look at the amount of pips I left for others..I'm clearly a "generous" guy
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Click to Enlarge Name: EURNZDM5.png Size: 60 KB
the cautious seldom err....C
  • #7,294
  • Apr 23, 2020 8:41am Apr 23, 2020 8:41am
Quoting pips29
I actually lost my balls over this trade and cashed out when I got to b/e.. the moment I entered price had me in a corner..I skipped the process of a good trade and the entry should rightly be where I got off..I know my mistake but fortunately it did not cost me apart from a kick to my balls which was not enjoyable {image}
This seems like some of my deals. I want to close faster when the price returns to the b / e point if the entry was not perfect. Sometimes it saves from big losses, and sometimes from big profits!
Trading has been and always will be, a hard way to make an easy living.
  • #7,295
  • Apr 23, 2020 8:43am Apr 23, 2020 8:43am
Quoting pips29
have a look at the amount of pips I left for others..I'm clearly a "generous" guy {image}
This is what I doing every day, bro
Trading has been and always will be, a hard way to make an easy living.
  • #7,296
  • Apr 23, 2020 8:49am Apr 23, 2020 8:49am
Quoting pips29
there's a gap which I think is likely to be tested soon...I'm not sure whether I should take a small entry now or to wait for the cci 50 to close above 0 EDit: gone in with a small entry..will refrain from posting until I see a post from the next person,,interest shown here is pretty shallow {image}
I have taken the first entry out and also 50% of the second entry (pending order)..the pips were just too tempting not to take
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM5.png Size: 64 KB
the cautious seldom err....C
  • #7,297
  • Apr 23, 2020 8:53am Apr 23, 2020 8:53am
Quoting Boobligoom
{quote} This seems like some of my deals. I want to close faster when the price returns to the b / e point if the entry was not perfect. Sometimes it saves from big losses, and sometimes from big profits!
yes, when my entry isn't good and something which I did not plan that it would happen I will take it out asap.. when it comes to leaving pips behind you should be used to it as you are looking for small pips, as for me I like to milk it till the juice runs out
the cautious seldom err....C
  • #7,298
  • Apr 23, 2020 8:56am Apr 23, 2020 8:56am
Quoting pips29
{quote} When I am quite certain where price will be going I open 1 order and take partial as it goes along..When I'm not too sure or trading htf I will be cautious and open a smaller order initially
You may have already written, but I forgot. Please tell me what risk do you currently use for 1 trade.?
Trading has been and always will be, a hard way to make an easy living.
  • #7,299
  • Apr 23, 2020 9:08am Apr 23, 2020 9:08am
Quoting Boobligoom
{quote} You may have already written, but I forgot. Please tell me what risk do you currently use for 1 trade.?
I believe my risk management is taking my trade to b/e asap..in other words risk free...that is why I aim at perfect entry rather than what sort of risk I'm taking..my attitude to trading is I aim not to lose when I enter and the last thing on my mind is how much I will lose when wrong..I don't believe in what the gurus say about risk management especially like say risking 5% or 10 %..why do I need to prepare for a loss..when you go to battle you go with the aim of winning ,if not don't fight, wait for a better opportunity..that's why when Mark Douglas said you don't need to know where price is moving it's totally bullshit to me..if I don't know how am I to enter,,short or long??crazy shit! if books can teach you how to be profitable we won't have 95% losers every day..just my opinion..I'm just different
the cautious seldom err....C
  • #7,300
  • Apr 23, 2020 9:29am Apr 23, 2020 9:29am
sorry guys, I couldn't stay true to my target, temptation got the better of me..all closed
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM5.png Size: 62 KB
the cautious seldom err....C
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