A very simple system - trade with arrow | Page 394 | Forex Factory

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A very simple system - trade with arrow

  • #7,861
  • Aug 15, 2020 9:30am Aug 15, 2020 9:30am
I would like to ask, how to set TP or exit without ma cross again?
  • #7,862
  • Aug 16, 2020 5:58am Aug 16, 2020 5:58am
Quoting LittleFat
I would like to ask, how to set TP or exit without ma cross again?
Why don't you post a chart showing your entry and then we can talk about exit
the cautious seldom err....C
  • #7,863
  • Aug 17, 2020 5:13am Aug 17, 2020 5:13am
Quoting pips29
{quote} Why don't you post a chart showing your entry and then we can talk about exit
Simplified this strategy without using CCI, trade on H1. But TP has no good ideas
Attached Image (click to enlarge)
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  • #7,864
  • Aug 17, 2020 5:34am Aug 17, 2020 5:34am
Quoting LittleFat
{quote} Simplified this strategy without using CCI, trade on H1. But TP has no good ideas {image}
the previous low (YL) is the first target and then 1.3150 if price moves further down
the cautious seldom err....C
  • #7,865
  • Aug 17, 2020 7:00am Aug 17, 2020 7:00am
I have also gone short UC...let's see
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 69 KB
the cautious seldom err....C
  • #7,866
  • Aug 17, 2020 7:03am Aug 17, 2020 7:03am
I wish to point out I'm only using this strategy on M15 and below..I have a different approach when trading H1
the cautious seldom err....C
  • #7,867
  • Aug 17, 2020 8:44am Aug 17, 2020 8:44am
Quoting pips29
{quote} the previous low (YL) is the first target and then 1.3150 if price moves further down
YL is hit
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 70 KB
the cautious seldom err....C
  • #7,868
  • Aug 17, 2020 9:33am Aug 17, 2020 9:33am
Quoting pips29
I wish to point out I'm only using this strategy on M15 and below..I have a different approach when trading H1
I'd like to know more if you would enlighten me pips my man.

I don't seem to suit lower TF's so the 1h/4h are the ones I concentrate on.

If you would be so kind as to post a chart showing your 1H set up, that would be great.
Always be kind to someone with access to your toothbrush.
  • #7,869
  • Aug 17, 2020 10:11am Aug 17, 2020 10:11am
I use the synergy pro method for my other tf
the cautious seldom err....C
  • #7,870
  • Aug 17, 2020 11:50am Aug 17, 2020 11:50am
Quoting pips29
I use the synergy pro method for my other tf
Wow.

Didn't expect that pips.

Thanks for the heads up. Never had much success with Dean Malone's TDI in the past. Too many falsies for me.

I'm currently using your DRRobCCI paired with RobnHood's TMMSOscillator and it works ok if I'd only follow the rules more often!!
Always be kind to someone with access to your toothbrush.
  • #7,871
  • Aug 17, 2020 12:04pm Aug 17, 2020 12:04pm
Quoting RichBarstead
{quote} Wow. Didn't expect that pips. Thanks for the heads up. Never had much success with Dean Malone's TDI in the past. Too many falsies for me. I'm currently using your DRRobCCI paired with RobnHood's TMMSOscillator and it works ok if I'd only follow the rules more often!!
I don't trade the tdi cross per se but rather pa around the Pac, divergence and candlestick patterns. Of course trading the cross blindly will damage your account
I will put one out in RJ's thread the next time I trade this approach
the cautious seldom err....C
  • #7,872
  • Aug 17, 2020 12:40pm Aug 17, 2020 12:40pm
Quoting pips29
{quote} I don't trade the tdi cross per se but rather pa around the Pac, divergence and candlestick patterns. Of course trading the cross blindly will damage your account I will put one out in RJ's thread the next time I trade this approach
Look forward to it pips!
Always be kind to someone with access to your toothbrush.
  • #7,873
  • Aug 18, 2020 9:33am Aug 18, 2020 9:33am
Quoting pips29
{quote} YL is hit {image}
1.3150 was hit as well
the cautious seldom err....C
  • #7,874
  • Aug 18, 2020 9:38am Aug 18, 2020 9:38am
G/Cad Long trade.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADH1.png Size: 69 KB
Always be kind to someone with access to your toothbrush.
  • #7,875
  • Aug 18, 2020 9:47am Aug 18, 2020 9:47am
Quoting RichBarstead
G/Cad Long trade. {image}
good trade Barstead..I missed this one as I concentrated on GChf..are you using the 10/34 ema
the cautious seldom err....C
  • #7,876
  • Aug 18, 2020 9:56am Aug 18, 2020 9:56am
Hello RichBarstead,

I like the indicators on your chat and with the comment of your success. Do you mind sharing them?
  • #7,877
  • Aug 18, 2020 9:58am Aug 18, 2020 9:58am
Quoting pips29
{quote} good trade Barstead..I missed this one as I concentrated on GChf..are you using the 10/34 ema
Thanks Eric.

Yes I am. I generally only take notice of it on the 1H chart as it takes too long to turn on 4H.
Always be kind to someone with access to your toothbrush.
  • #7,878
  • Aug 18, 2020 10:06am Aug 18, 2020 10:06am
Hi eric, would you have taken this trade where I did? I know my exit was probably poor, where would you have put TP? Thanks
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Click to Enlarge Name: EURGBPM15.png Size: 97 KB
  • #7,879
  • Aug 18, 2020 10:43am Aug 18, 2020 10:43am
Quoting Giedrius
Hi eric, would you have taken this trade where I did? I know my exit was probably poor, where would you have put TP? Thanks {image}
I would probably have taken the trade slightly higher.When you see a pinbar and rejection at the pivot just go 1 tf higher M30 to see if the rejection is also seen on M30. If it does and before you enter take another look at M30 if you will get another rejection like another pinbar,better still a bearish engulfing bar,then switch back to M15 and enter. I normally will not wait for M30 bar to close when I can clearly see the M15 is bearish ..by doing this I get a slightly earlier entry..if you get your entry correct you don't have to worry about your exit for you will be in profit and it comes to the question of how many pips will satisfy me, ofc the more the merrier..it depends on your mood and feel good factor..if you feel good just cash in..you can't win them all, so winning some is good if you do it every day
the cautious seldom err....C
  • #7,880
  • Aug 18, 2020 10:49am Aug 18, 2020 10:49am
this is the loonie trade I took and had cashed out most of the trade but left a little for my target.. the big boys decided that I wouldn't get my home run and kicked me out before going down to my projected target.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 62 KB
the cautious seldom err....C
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