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A very simple system - trade with arrow

  • #7,941
  • Sep 22, 2020 4:24am Sep 22, 2020 4:24am
Quoting pips29
{quote} TP, I have removed this indicator from my chart as of yesterday solely because I use it for divergence only. I just keep the cci
Hi pips, how ya?
Do it like a Fool
  • #7,942
  • Sep 22, 2020 4:25am Sep 22, 2020 4:25am
I'm good.How is your new strategy going?
the cautious seldom err....C
  • #7,943
  • Sep 22, 2020 4:40am Sep 22, 2020 4:40am
Quoting pips29
I'm good.How is your new strategy going?
still in +ve side after a month testing in Demo, the running result is in my TE yet to hit my target to run live.

my system mainly to scalp small pips
Do it like a Fool
  • #7,944
  • Sep 22, 2020 4:52am Sep 22, 2020 4:52am
Quoting Foolsgame
{quote} still in +ve side after a month testing in Demo, the running result is in my TE yet to hit my target to run live. my system mainly to scalp small pips
why don't you trade with real account? the experience is way different from trading a demo..the emotional side is essential whether you make or break imo Lately I was thniking of making 10-20 pips per trade and if I have 5 successful trades then it's at least 50 pips /day...
the cautious seldom err....C
  • #7,945
  • Sep 22, 2020 4:55am Sep 22, 2020 4:55am
Quoting pips29
{quote} why don't you trade with real account? the experience is way different from trading a demo..the emotional side is essential whether you make or break imo
yeap, i understand the diff . need to finalize the rules then only goes for live. still WIP system
Do it like a Fool
  • #7,946
  • Edited 6:33am Sep 22, 2020 5:02am | Edited 6:33am
FG, I just saw your EY trade , I have a short too EDit: stopped -19
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 64 KB
the cautious seldom err....C
  • #7,947
  • Sep 22, 2020 5:04am Sep 22, 2020 5:04am
Quoting pips29
FG, I just saw your EY trade , I have a short too {image}
yeap, but its up and down for me now. here my chart now, aiming just for 10 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 64 KB
Do it like a Fool
  • #7,948
  • Sep 22, 2020 5:38am Sep 22, 2020 5:38am
Quoting Foolsgame
{quote} yeap, but its up and down for me now. here my chart now, aiming just for 10 pips {image}
patience required for this pair atm
the cautious seldom err....C
  • #7,949
  • Sep 22, 2020 5:41am Sep 22, 2020 5:41am
I have taken majority out for 12 pips but the remainder is also protected at 9 pips
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 61 KB
the cautious seldom err....C
  • #7,950
  • Sep 22, 2020 5:45am Sep 22, 2020 5:45am
short UY
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 70 KB
the cautious seldom err....C
  • #7,951
  • Sep 22, 2020 10:35am Sep 22, 2020 10:35am
I got this yesterday, but just b/e got hit when in bed already. Would you have taken this trade? How differently you would manage this trade , eric? Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 91 KB
  • #7,952
  • Sep 22, 2020 10:41am Sep 22, 2020 10:41am
Quoting Giedrius
I got this yesterday, but just b/e got hit when in bed already. Would you have taken this trade? How differently you would manage this trade , eric? Thanks {image}
The trade is valid and I would lock in at b/e before going to bed..By doing this you cant lose while dreaming away
the cautious seldom err....C
  • #7,953
  • Sep 22, 2020 10:43am Sep 22, 2020 10:43am
Quoting pips29
I have taken majority out for 12 pips but the remainder is also protected at 9 pips {image}
I know you always telling to trade away from daily pivot , which I'm trying to stik with, but in this case you traded against. You thought reversal is on the way, or this 3 nice bullish candles, or just quick scalp, yesterday low rejection , higher time frame was telling to do so, if I may ask ? Thank you eric.
  • #7,954
  • Sep 22, 2020 11:04am Sep 22, 2020 11:04am
Quoting Giedrius
{quote} I know you always telling to trade away from daily pivot , which I'm trying to stik with, but in this case you traded against. You thought reversal is on the way, or this 3 nice bullish candles, or just quick scalp, yesterday low rejection , higher time frame was telling to do so, if I may ask ? Thank you eric.
I got a set up on M15 and traded it but was aware of where the pivot was and so my target was just below this level...with hindsight you can now see price did not make it to the pivot and so was just a weak retrace,
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 55 KB
the cautious seldom err....C
  • #7,955
  • Sep 22, 2020 11:11am Sep 22, 2020 11:11am
Quoting pips29
{quote} I got a set up on M15 and traded it but was aware of where the pivot was and so my target was just below this level...with hindsight you can now see price did not make it to the pivot and so was just a weak retrace, {image}
Thanks eric, I understand you are able to use out all opportunities without burning fingers. Great trading, as usual
  • #7,956
  • Sep 22, 2020 11:16am Sep 22, 2020 11:16am
I took a couple of losses too, the LO session till the NY open session has been tough to trade so far...if you check your charts you will notice during Lon session right till NY open the pa has been up and down but from NY open the pa is one way and so it's good for trend trading, here's an example
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 57 KB
the cautious seldom err....C
  • #7,957
  • Sep 22, 2020 11:24am Sep 22, 2020 11:24am
I was unlucky with this trade..when you are not trading well luck deserts you as well
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 53 KB
the cautious seldom err....C
  • #7,958
  • Sep 22, 2020 11:25am Sep 22, 2020 11:25am
Quoting pips29
I took a couple of losses too, the LO session till the NY open session has been tough to trade so far...if you check your charts you will notice during Lon session right till NY open the pa has been up and down but from NY open the pa is one way and so it's good for trend trading, here's an example {image}
Was there UK bank fellow talking, so he messed up everything
  • #7,959
  • Sep 22, 2020 11:30am Sep 22, 2020 11:30am
Quoting Giedrius
{quote} Was there UK bank fellow talking, so he messed up everything
it's going to be volatile as news of Brexit and covid are in the limelight, so you have to be extra careful and take profits quick or protect your trade whenever possible.Big boys just use the news or speeches to manipulate the market.I'm sure they already know what the news is
the cautious seldom err....C
  • #7,960
  • Sep 22, 2020 11:36am Sep 22, 2020 11:36am
Quoting pips29
{quote} it's going to be volatile as news of Brexit and covid are in the limelight, so you have to be extra careful and take profits quick or protect your trade whenever possible.Big boys just use the news or speeches to manipulate the market.I'm sure they already know what the news is
Yep is good till they keep there mouths shut
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