A very simple system - trade with arrow | Page 374 | Forex Factory

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A very simple system - trade with arrow

  • #7,461
  • May 15, 2020 3:19am May 15, 2020 3:19am
my 3rd attempt, you can't say I don't have perseverance
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the cautious seldom err....C
  • #7,462
  • May 15, 2020 3:39am May 15, 2020 3:39am
Quoting pips29
my 3rd attempt, you can't say I don't have perseverance {image}
cash in just in case it slipped my hand again..I need to make some money to buy a cake for my birthday today
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Click to Enlarge Name: EURNZDM5.png Size: 67 KB
the cautious seldom err....C
  • #7,463
  • May 15, 2020 3:44am May 15, 2020 3:44am
Holy smoke! could afford to buy 2 cakes if I waited another few minutes
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the cautious seldom err....C
  • #7,464
  • May 15, 2020 3:52am May 15, 2020 3:52am
perseverance is useless without patience
the cautious seldom err....C
  • #7,465
  • May 15, 2020 4:53am May 15, 2020 4:53am
quite happy with my 2nd attempt
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the cautious seldom err....C
  • #7,466
  • May 15, 2020 5:10am May 15, 2020 5:10am
Quoting pips29
perseverance is useless without patience
at least u got some soup.. i got all BE
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Do it like a Fool
  • #7,467
  • May 15, 2020 5:12am May 15, 2020 5:12am
Quoting Foolsgame
{quote} at least u got some soup.. i got all BE {image}
your dragon trade should be at least kolo noodles
the cautious seldom err....C
  • #7,468
  • May 15, 2020 5:22am May 15, 2020 5:22am
Quoting pips29
{quote} your dragon trade should be at least kolo noodles
yea at least i got my bowl of nooddle
Do it like a Fool
  • #7,469
  • May 15, 2020 6:09am May 15, 2020 6:09am
I took a loss with one entry and would have suffered another casualty if I had not moved the stop below point c. I had added positions and taken profits and the position on this pair is very +ve atm..I got my cake plus some extras..will close shop early as it's my birthday
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the cautious seldom err....C
  • #7,470
  • May 15, 2020 6:14am May 15, 2020 6:14am
Quoting pips29
{quote} be careful..I'm looking at euro strength
did I not tell you?
the cautious seldom err....C
  • #7,471
  • May 15, 2020 6:24am May 15, 2020 6:24am
at b/e now..completely risk free, no pressure, relaxed..nice state to be in on my birthday, plus no loser day
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Click to Enlarge Name: EURJPYM5.png Size: 67 KB
the cautious seldom err....C
  • #7,472
  • May 15, 2020 6:26am May 15, 2020 6:26am
Quoting pips29
{quote} did I not tell you?
and it goes!!!! i try to screen out and did some analysis based onyou said
1) EU is hitting the support
2) EN is 10/34 ema is up, EG 10/34 is up
3) an engulfing bar for ecad and EJ


am i right?
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Click to Enlarge Name: EURGBPH4.png Size: 58 KB
Do it like a Fool
  • #7,473
  • May 15, 2020 6:44am May 15, 2020 6:44am
for EY the pinbar on the daily caught my attention and I probed deeper and saw this ab=cd thingy..initial entry put in dd and I had to rescue my trade..I had to pull out everything that's hidden up my sleeve to do this..my final entry long was when I saw leggy women with small higher bodies..I'm a leg man and so I went after them
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #7,474
  • May 15, 2020 6:54am May 15, 2020 6:54am
EN and EG are basic set up trades, these require you to have good eyesight The EY trade I took need you to use some brain cells, and we all have these
the cautious seldom err....C
  • #7,475
  • May 15, 2020 7:36am May 15, 2020 7:36am
Quoting pips29
EN and EG are basic set up trades, these require you to have good eyesight The EY trade I took need you to use some brain cells, and we all have these
nah.. u got some crystal ball inur brain cell
Do it like a Fool
  • #7,476
  • May 15, 2020 8:01am May 15, 2020 8:01am
Exit not good , my initial TP was on ADR , closed on daily support , got few pips. Now I can see was wrong to close. Anyway pips29 yours observations would be good, when you have free min . I would like to be more confident so would like to know more. Thank you.
Understood is yours birthday today, so HAVE A NICE DAY
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  • #7,477
  • May 15, 2020 8:13am May 15, 2020 8:13am
Quoting Giedrius
Exit not good , my initial TP was on ADR , closed on daily support , got few pips. Now I can see was wrong to close. Anyway pips29 yours observations would be good, when you have free min . I would like to be more confident so would like to know more. Thank you. Understood is yours birthday today, so HAVE A NICE DAY {image}
your entry was good, rejection of the 34 ema and cci14 bounced from 0 level..exiting at the adr is one way to take your profits except that your adr low is a good 10 pips from the one on my chart..I have set mine to 14..and thanks it's my birthday and you are the only person here who greeted me EDit: I reckon you took that bearish engulfing candle to add more weight to your short., we have to see these things to build our confidence when we enter
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 56 KB
the cautious seldom err....C
  • #7,478
  • May 15, 2020 8:22am May 15, 2020 8:22am
Quoting pips29
{quote} your entry was good, rejection of the 34 ema and cci14 bounced from 0 level..exiting at the adr is one way to take your profits except that your adr low is a good 10 pips from the one on my chart..I have set mine to 14..and thanks it's my birthday and you are the only person here who greeted me {image}
and why is this difference between ADR, different brokers? Time is same in UK and IRELAND , I think?!
Can I change somehow, do you know?
Enjoy yours TWO cakes what you earned today
  • #7,479
  • May 15, 2020 8:29am May 15, 2020 8:29am
set the adr period to 14 and see..anyway, I wish to point out with a good entry your stop is kept small by having it jyst 2-3 pips above the 34 ema where you enter,..below is just an example, there are many more
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the cautious seldom err....C
  • #7,480
  • May 15, 2020 8:33am May 15, 2020 8:33am
the adr setting
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the cautious seldom err....C
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