A very simple system - trade with arrow | Page 383 | Forex Factory

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A very simple system - trade with arrow

  • #7,641
  • Jun 9, 2020 4:59am Jun 9, 2020 4:59am
for me actually its just help to you to decide on an entry... no harm.. we just make sure to follow 10/34 ema. im starting with TDI, and advice to use CCI by pips himself. lets see how our give us...
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  • #7,642
  • Jun 9, 2020 5:51am Jun 9, 2020 5:51am
I just want to make myself clear. When trading the 10/34 ema set up I use only the cci...the tdi is used when I'm looking for divergence
the cautious seldom err....C
  • #7,643
  • Jun 9, 2020 6:46am Jun 9, 2020 6:46am
Quoting pips29
I just want to make myself clear. When trading the 10/34 ema set up I use only the cci...the tdi is used when I'm looking for divergence
then make sure u teach us all your secret kungfu , master sifu
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  • #7,644
  • Jun 9, 2020 6:47am Jun 9, 2020 6:47am
favourite scalp
Attached Image (click to enlarge)
Click to Enlarge Name: gnm5.JPG Size: 108 KB
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  • #7,645
  • Jun 9, 2020 6:53am Jun 9, 2020 6:53am
Quoting pips29
{quote} now we have price in the gap and very near the 34 ema..I will take a short soon {image}
damn, i miss out this
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  • #7,646
  • Jun 9, 2020 6:58am Jun 9, 2020 6:58am
Quoting Foolsgame
favourite scalp {image}
take a look at gaud
the cautious seldom err....C
  • #7,647
  • Jun 9, 2020 7:03am Jun 9, 2020 7:03am
Quoting Foolsgame
{quote} any idea on EU Ct?
EU looks messed up especially when the swissy was doing the same dance, so took eurjpy instead..can't post the chart as the platform is feeling cold and got frozen..wtf EDit: got it back
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 55 KB
the cautious seldom err....C
  • #7,648
  • Jun 9, 2020 7:12am Jun 9, 2020 7:12am
Quoting pips29
{quote} take a look at gaud
SL is so large for my entry...
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  • #7,649
  • Jun 9, 2020 7:28am Jun 9, 2020 7:28am
Quoting Foolsgame
{quote} SL is so large for my entry...
what about the stop for GN? GA 30 pips stop will do, just above the adr upper limit
the cautious seldom err....C
  • #7,650
  • Jun 9, 2020 7:33am Jun 9, 2020 7:33am
Quoting pips29
{quote} what about the stop for GN? GA 30 pips stop will do, just above the adr upper limit
for me largest stop goes to 30 pips, the GN enter is there, and GN previous is 10 ema higher than 34ema which makes me more comfortable
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  • #7,651
  • Jun 9, 2020 9:28am Jun 9, 2020 9:28am
Quoting Foolsgame
{quote} for me largest stop goes to 30 pips, the GN enter is there, and GN previous is 10 ema higher than 34ema which makes me more comfortable
you shouldn't be trading this pair with a max. stop of 30 pips..you should be looking at other pairs, pairs like gaud,gcad,gnzd,euraud,eurcad,and eurnzd are pairs with big adr..30 pips is hardly enough unless your entry is close to perfect...maybe look at ncad,audcad and other majors,,,imo gnzd and eurnzd are very volatile. a 5 min bar could easily reach 30 pips
the cautious seldom err....C
  • #7,652
  • Jun 9, 2020 7:47pm Jun 9, 2020 7:47pm
Quoting pips29
{quote} you shouldn't be trading this pair with a max. stop of 30 pips..you should be looking at other pairs, pairs like gaud,gcad,gnzd,euraud,eurcad,and eurnzd are pairs with big adr..30 pips is hardly enough unless your entry is close to perfect...maybe look at ncad,audcad and other majors,,,imo gnzd and eurnzd are very volatile. a 5 min bar could easily reach 30 pips
well, still tuning my SL. i try to limit my SL to 30 pips for the means time. you might be right. i just need to reduce my lot. on those volatile pair
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  • #7,653
  • Jun 9, 2020 8:41pm Jun 9, 2020 8:41pm
Hi FG,

The size of the stop loss is irrelevant, all that matters is risk per trade which is managed as you know by lot size.
Any instrument that fits your system entry rules can be traded with the right lot size.
Attached is an onscreen position size calculator that I had coded that you may find a help.


Attached File(s)
File Type: ex4 Position Size Calc.ex4   19 KB | 406 downloads


Attached Image (click to enlarge)
Click to Enlarge Name: PSC.png Size: 4 KB
Your trade order needs to be in the right place at the right time.
  • #7,654
  • Jun 9, 2020 9:32pm Jun 9, 2020 9:32pm
Quoting Islandfx911
Hi FG, The size of the stop loss is irrelevant, all that matters is risk per trade which is managed as you know by lot size. Any instrument that fits your system entry rules can be traded with the right lot size. Attached is an onscreen position size calculator that I had coded that you may find a help. {file} {image}
yeap. that what im talking on....
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  • #7,655
  • Jun 10, 2020 2:22am Jun 10, 2020 2:22am
miss out this one....
Attached Image (click to enlarge)
Click to Enlarge Name: aum5.PNG Size: 67 KB
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  • #7,656
  • Jun 10, 2020 2:35am Jun 10, 2020 2:35am
two wins two be today
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDM5.png Size: 406 KB
Click to Enlarge Name: GBPUSDM5.png Size: 349 KB
Patient and focus.
  • #7,657
  • Jun 10, 2020 2:36am Jun 10, 2020 2:36am
Quoting Foolsgame
miss out this one.... {image}
got GU but aussie is more strong atm
Patient and focus.
  • #7,658
  • Jun 10, 2020 2:40am Jun 10, 2020 2:40am
Quoting hyasp
{quote} got GU but aussie is more strong atm
nice bro, whr are you from?
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  • #7,659
  • Jun 10, 2020 4:08am Jun 10, 2020 4:08am
Quoting Foolsgame
{quote} nice bro, whr are you from?
China
Patient and focus.
  • #7,660
  • Jun 10, 2020 10:01am Jun 10, 2020 10:01am
I was buying the yen for the day,here are some trades
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDJPYM5.png Size: 65 KB
Click to Enlarge Name: GBPJPYM5.png Size: 69 KB
Click to Enlarge Name: EURJPYM5.png Size: 65 KB
the cautious seldom err....C
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