A very simple system - trade with arrow | Page 385 | Forex Factory

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A very simple system - trade with arrow

  • #7,681
  • Jun 11, 2020 7:23am Jun 11, 2020 7:23am
Quoting Foolsgame
{quote} yea, din in front of pc for the 2nd entry, i got this for 2ndtrade {image}
every little bit counts
the cautious seldom err....C
  • #7,682
  • Jun 11, 2020 7:27am Jun 11, 2020 7:27am
Quoting hyasp
{quote} We are neighbour mate! I traveled to Malaysia once. Jilongpo city and yunding casino. Sry dont know the corresponding english words.
did you win? I have a method how you can win
Attached Image
the cautious seldom err....C
  • #7,683
  • Jun 11, 2020 8:17am Jun 11, 2020 8:17am
Quoting pips29
I caught this in the nick of time {image}
gone in for 2nd round
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the cautious seldom err....C
  • #7,684
  • Jun 11, 2020 8:20am Jun 11, 2020 8:20am
Quoting pips29
{quote} looks like you left a lot of pips behind,,mine hit target just seconds ago {image}
gone 2nd round on this too
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the cautious seldom err....C
  • #7,685
  • Jun 11, 2020 8:24am Jun 11, 2020 8:24am
Quoting pips29
{quote} did you win? I have a method how you can win {image}
I usually dont gamble except when I was on cruise ship. But that time I took some small bets and won few bucks. Wonderful trip!
Patient and focus.
  • #7,686
  • Jun 11, 2020 10:32am Jun 11, 2020 10:32am
just some divergence play at the top..close my trade and close shop
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the cautious seldom err....C
  • #7,687
  • Jun 12, 2020 12:17am Jun 12, 2020 12:17am
thats quick just finish my stock trading
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Patient and focus.
  • #7,688
  • Jun 12, 2020 1:13am Jun 12, 2020 1:13am
Re-entry
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Patient and focus.
  • #7,689
  • Jun 12, 2020 1:41am Jun 12, 2020 1:41am
EU
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Patient and focus.
  • #7,690
  • Jun 12, 2020 1:47am Jun 12, 2020 1:47am
logging off early today happy weekend guys!
Patient and focus.
  • #7,691
  • Jun 12, 2020 5:26am Jun 12, 2020 5:26am
today trade till now
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Do it like a Fool
  • #7,692
  • Jun 12, 2020 7:43am Jun 12, 2020 7:43am
two trade on the one EC i cheated and result in loss. GJ win. untill next week all
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Do it like a Fool
  • #7,693
  • Jun 12, 2020 11:36am Jun 12, 2020 11:36am
And this are mine EU51pips , GJ 18pips , have a nice weekend !
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  • #7,694
  • Jun 13, 2020 5:36am Jun 13, 2020 5:36am
Quoting Giedrius
And this are mine EU51pips , GJ 18pips , have a nice weekend ! {image} {image}
very good trades, Giedrius..I also had a good day and week ..back for more next week
Attached Image
the cautious seldom err....C
  • #7,695
  • Jun 13, 2020 8:53am Jun 13, 2020 8:53am
Quoting pips29
{quote} very good trades, Giedrius..I also had a good day and week ..back for more next week {image}
Well pips29 , yours trading is really something. I would like at least a bit to trade like you. I have my struggles. How big SL you are using? It depends from trade or you use fixed? After how many pips in yours favor you put to break even? I take pain very hard and like to put tight SL and I get punished very often. Trying to change mentality, but isn't easy. What makes you to take or not to take trade, what signs you are looking on chart? Seems you are alway choosing perfect timing, just before price takes off how you manage to do this? If you have any advice some idea please share with me! Thank you
  • #7,696
  • Jun 13, 2020 10:45am Jun 13, 2020 10:45am
when you have the correct entry when it's trending the stop a few pips above the 34 ema will often do the trick..I was unlucky with this pair for it hit my stop before dropping like a stone..as I experience platform sluggishness ever so often the best thing I could do is to move my stop to b/e when the trade goes in my favour asap.I did not re-enter as it was a Friday and I had actually made enough for the day...anyway,pa showed price was struggling at the pivot and when I saw the setup I just jumped in..in hindsight we see a good strong downward move and price kept away from the 34 ema
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the cautious seldom err....C
  • #7,697
  • Jun 13, 2020 12:58pm Jun 13, 2020 12:58pm
Quoting Giedrius
And this are mine EU51pips , GJ 18pips , have a nice weekend ! {image} {image}
Let's take the euro chart for an example which you traded..The first red vertical dash-dot line showed a possible entry and if taken the stop would be a few pips above the pivot or the high printed..the next line was where you entered..had you put your stop a few pips above the 34 ema you would be stopped out..if that happened just wait for the next set up to see if the down move continues..The "strong" entry is where the 3rd red line is after price closed below the lows and YL and your stop just a few pips above the 34 ema..the set up was a few candles earlier but price hasn't broken all the lows yet...slightly risky with entries earlier but all worked out with the set up..hope this clears a few doubts you might have
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the cautious seldom err....C
  • #7,698
  • Jun 13, 2020 1:24pm Jun 13, 2020 1:24pm
Quoting pips29
{quote} Let's take the euro chart for an example which you traded..The first red vertical dash-dot line showed a possible entry and if taken the stop would be a few pips above the pivot or the high printed..the next line was where you entered..had you put your stop a few pips above the 34 ema you would be stopped out..if that happened just wait for the next set up to see if the down move continues..The "strong" entry is where the 3rd red line is after price closed below the lows and YL and your stop just a few pips above the 34 ema..the set up was...
Thanks for all help pips29 . I don't take trade untill 10and34EMA fully don't cross 100EMA. From yours marking first trade I understand you watch in HH and LL and you don't wait till 10 and 34EMA's fully cross? You watch structure of trend is it? Maybe I'm wrong!? Thanks
  • #7,699
  • Jun 13, 2020 1:41pm Jun 13, 2020 1:41pm
Quoting Giedrius
{quote} Thanks for all help pips29 . I don't take trade untill 10and34EMA fully don't cross 100EMA. From yours marking first trade I understand you watch in HH and LL and you don't wait till 10 and 34EMA's fully cross? You watch structure of trend is it? Maybe I'm wrong!? Thanks
Yes,price structure and pa. In this case price is below the 100 ema or 102 ema which I use with the entry. Yes being conservative is good when you trade. I am glad you are using this approach. With more experience you will be able to get in earlier
the cautious seldom err....C
  • #7,700
  • Jun 13, 2020 2:09pm Jun 13, 2020 2:09pm
Quoting pips29
{quote} Yes,price structure and pa. In this case price is below the 100 ema or 102 ema which I use with the entry. Yes being conservative is good when you trade. I am glad you are using this approach. With more experience you will be able to get in earlier
Sorry pips29 for bugging you on Saturday evening .About 4hrs. Tf . If comes set up on 5min. but on 4hr. price is far from 100ema do you trade, or is enough if price is on both TF's in same side? Maybe you have better advice how to get good confirmation from 4hr charts.? Promise this is last one Enjoy weekend
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