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A very simple system - trade with arrow

  • #7,761
  • Jul 16, 2020 3:31am Jul 16, 2020 3:31am
Quoting pips29
{quote} IF US dow/S&P follow what happened in China/HK you want to be shorting the aussie and kiwi
Yes thats why I said we should avoid long AU and NU even daily chart is up.
Patient and focus.
  • #7,762
  • Jul 16, 2020 4:10am Jul 16, 2020 4:10am
Hey Giedrius, let's see some posts from you
the cautious seldom err....C
  • #7,763
  • Edited 6:31am Jul 16, 2020 5:42am | Edited 6:31am
Quoting pips29
I have just taken another trade making 3 in total which is my limit at any one time until when a trade is locked in I might take a fourth and so on {image}
got this locked in with 50% taken off for some pips...stress free now EDit: stopped out
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 73 KB
the cautious seldom err....C
  • #7,764
  • Jul 16, 2020 6:31am Jul 16, 2020 6:31am
in gaud long now
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM15.png Size: 67 KB
the cautious seldom err....C
  • #7,765
  • Jul 16, 2020 8:22am Jul 16, 2020 8:22am
Hi pips29 , if this was you would you have taken this trade or you have waited till yesterdays high was crossed , daily candle green or something else? What exit you would choose ? Thanks for input!
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM5.png Size: 99 KB
  • #7,766
  • Jul 16, 2020 9:21am Jul 16, 2020 9:21am
Quoting Giedrius
Hi pips29 , if this was you would you have taken this trade or you have waited till yesterdays high was crossed , daily candle green or something else? What exit you would choose ? Thanks for input! {image}
just trade the set up but when price went below YH it just adds to making the short more reliable..YL would be my final target..if you are trading with the weekly fibo pivots in mind then your thinking is limited ..those lines will get you in more trouble than anything else
the cautious seldom err....C
  • #7,767
  • Jul 16, 2020 9:24am Jul 16, 2020 9:24am
I have moved my stop to +10 now
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM15.png Size: 72 KB
the cautious seldom err....C
  • #7,768
  • Jul 16, 2020 9:27am Jul 16, 2020 9:27am
added entry to my aussie short
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 66 KB
the cautious seldom err....C
  • #7,769
  • Jul 16, 2020 9:28am Jul 16, 2020 9:28am
Thanks pips This didn't go to plan. Where I'm wrong?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 87 KB
  • #7,770
  • Jul 16, 2020 9:29am Jul 16, 2020 9:29am
Hey Gerhard, I have not seen you in a while, no longer trading this method?
the cautious seldom err....C
  • #7,771
  • Edited 9:45am Jul 16, 2020 9:34am | Edited 9:45am
Quoting Giedrius
Thanks pips This didn't go to plan. Where I'm wrong? {image}
you must take a look at the bigger picture..I have a level marked on my chart and when the evening star was printed yesterday I was on alert concerning the euro...that's the reason I traded euraud rather than euryen and/or eurusd...either wait for the pattern to be invalidated or price closing above the level on my chart on the daily . I wish to point out it's my view and you should do your own analysis (dyoa) using tools at your disposal.It's subjective but I am often right,,,just joking
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 69 KB
the cautious seldom err....C
  • #7,772
  • Jul 16, 2020 9:40am Jul 16, 2020 9:40am
Quoting pips29
{quote} you must take a look at the bigger picture..I have a level marked on my chart and when the evening star was printed yesterday I was on alert concerning the euro...that's the reason I traded euraud rather than euryen and/or eurusd...either wait for the pattern to be invalidated or price closing the level on my chart on the daily {image}
Thanks pips, appreciated
  • #7,773
  • Jul 16, 2020 9:49am Jul 16, 2020 9:49am
looking to bungee jump soon
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 66 KB
the cautious seldom err....C
  • #7,774
  • Jul 16, 2020 9:51am Jul 16, 2020 9:51am
Quoting Giedrius
{quote} Thanks pips, appreciated
you're welcome, just my views and I'm not a guru
the cautious seldom err....C
  • #7,775
  • Jul 16, 2020 10:21am Jul 16, 2020 10:21am
Quoting pips29
{quote} you're welcome, just my views and I'm not a guru
I thought you are yours advises always welcome pips!
  • #7,776
  • Jul 16, 2020 10:39am Jul 16, 2020 10:39am
gurus are the ones who talk and never show their trades live. Only successful hindsight trades are shown..I'm just a trader Did I not say the aussie will do a bungee jump
the cautious seldom err....C
  • #7,777
  • Jul 16, 2020 10:41am Jul 16, 2020 10:41am
my aussie trade looking good
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 66 KB
the cautious seldom err....C
  • #7,778
  • Jul 16, 2020 11:05am Jul 16, 2020 11:05am
Quoting pips29
my aussie trade looking good {image}
Well done pips as usual , good you see all this little signs. eurusd did also nice reversal, but without me!! Maybe next time.
  • #7,779
  • Jul 17, 2020 12:28am Jul 17, 2020 12:28am
selling gj
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Do it like a Fool
  • #7,780
  • Edited 2:02am Jul 17, 2020 1:22am | Edited 2:02am
EC edit: 50% taken off at H1 Res 1.5493 Final target 1.5531
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM5_ink.png Size: 284 KB
Patient and focus.
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