A very simple system - trade with arrow | Page 405 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Need help for this very very simple indicator 1 reply

Looking for simple arrow indicator 0 replies

lets develop a system which is very very simple but effective. 7 replies

Can anyone add a simple crossover arrow to this? 2 replies

mt4 coder needed for a very very simple system 2 replies

Attachments: A very simple system - trade with arrow
Exit Attachments

A very simple system - trade with arrow

  • #8,081
  • Feb 23, 2021 5:47am Feb 23, 2021 5:47am
Quoting pips29
{file}{file}{file}{file}{file}{file}{file}{file}{file} {file}
the trading session indicator might be of use, boobligoom
the cautious seldom err....C
  • #8,082
  • Feb 23, 2021 6:02am Feb 23, 2021 6:02am
my trade earlier and the mistake made
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM15.png Size: 58 KB
the cautious seldom err....C
  • #8,083
  • Feb 23, 2021 6:13am Feb 23, 2021 6:13am
Quoting pips29
Long NU, tight stop {image}
taken partial profit and moving stop to b/e...in this case if I'm stopped out I still have some profit to show for my effort
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 56 KB
the cautious seldom err....C
  • #8,084
  • Feb 23, 2021 9:22am Feb 23, 2021 9:22am
short ACad
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM15.png Size: 56 KB
the cautious seldom err....C
  • #8,085
  • Feb 23, 2021 10:25am Feb 23, 2021 10:25am
I think I was lucky today. It is probably not a good idea to trade against MA200 on m15.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_11.png Size: 90 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_10.png Size: 102 KB
Trading has been and always will be, a hard way to make an easy living.
  • #8,086
  • Feb 23, 2021 11:16am Feb 23, 2021 11:16am
Quoting pips29
short ACad {image}
I have just closed the trade for a few pips loss.....getting bored and logging off
the cautious seldom err....C
  • #8,087
  • Feb 24, 2021 4:01am Feb 24, 2021 4:01am
Quoting Boobligoom
I think I was lucky today. It is probably not a good idea to trade against MA200 on m15.{image}{image}
you have traded against the htf flow so don't expect bumper pips
the cautious seldom err....C
  • #8,088
  • Feb 24, 2021 4:13am Feb 24, 2021 4:13am
the bigger picture shows a downtrend and MM just use HIN to stop hunt..I actually took a short yesterday but was stopped out at b/e
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM15.png Size: 65 KB
the cautious seldom err....C
  • #8,089
  • Feb 24, 2021 4:18am Feb 24, 2021 4:18am
When I get a set up for short on this pair on this tf I will
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 56 KB
the cautious seldom err....C
  • #8,090
  • Feb 24, 2021 7:10am Feb 24, 2021 7:10am
I moved the stop to b/e as I have to marinate some meat for dinner later. It was just about 15 minutes in the kitchen and I got stopped out when NY open..good thing is I took 2/3 out for some profits
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 56 KB
the cautious seldom err....C
  • #8,091
  • Feb 24, 2021 10:18am Feb 24, 2021 10:18am
Quoting pips29
this pair is in a big downtrend and I have been looking at opportunity to short, won't be surprised price gets down to the level marked on my chart {image}
I took 2 entries and taken some profits...I'm leaving a small portion for the target in my previous post
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 71 KB
the cautious seldom err....C
  • #8,092
  • Feb 24, 2021 11:12am Feb 24, 2021 11:12am
my second entry ended in a small loss and my 3rd entry with 50% taken out for some profits and locked in at b/e
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 69 KB
the cautious seldom err....C
  • #8,093
  • Feb 24, 2021 11:22am Feb 24, 2021 11:22am
my target was hit...looking at the weekly there is another likely target, It's getting late and I'm getting tired, I think I will leave it for tomorrow's play
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADWeekly.png Size: 57 KB
the cautious seldom err....C
  • #8,094
  • Feb 24, 2021 3:04pm Feb 24, 2021 3:04pm
I entered with the trend. But the pin bar alerted me and I got out of position
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 80 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 70 KB
Trading has been and always will be, a hard way to make an easy living.
  • #8,095
  • Feb 24, 2021 3:23pm Feb 24, 2021 3:23pm
Quoting pips29
{quote} you have traded against the htf flow so don't expect bumper pips
Yes. It was against the trend on H4. I was trading intraday. and thought that the trend reversed in the short term. do you always trade only with the trend on HTF?
Trading has been and always will be, a hard way to make an easy living.
  • #8,096
  • Feb 24, 2021 4:03pm Feb 24, 2021 4:03pm
Quoting Boobligoom
{quote} Yes. It was against the trend on H4. I was trading intraday. and thought that the trend reversed in the short term. do you always trade only with the trend on HTF?
It is advisable to do that
the cautious seldom err....C
  • #8,097
  • Feb 24, 2021 4:30pm Feb 24, 2021 4:30pm
Quoting Boobligoom
I entered with the trend. But the pin bar alerted me and I got out of position{image}{image}
the day before the candle closed as a doji/spinning top..this pattern should have alerted you, the daily and htf are still in bull territory and buying the dip like when price started rejecting the 34 ema would be a good entry, always try to buy at a discount and even if it doesn't work out you won't lose too much because you bought at a discount..for price to resume the upward trend, price must close above the high of the spinning top...just my thoughts and I'm not a guru
EDit: my target for a long is on the weekly chart if I'm in a trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 51 KB
Click to Enlarge Name: EURUSDWeekly.png Size: 58 KB
the cautious seldom err....C
  • #8,098
  • Feb 24, 2021 4:36pm Feb 24, 2021 4:36pm
Quoting pips29
my second entry ended in a small loss and my 3rd entry with 50% taken out for some profits and locked in at b/e {image}
my target for this trade
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDWeekly.png Size: 51 KB
the cautious seldom err....C
  • #8,099
  • Edited 10:03am Feb 25, 2021 8:39am | Edited 10:03am
Long GU EDit: stopped out
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 65 KB
the cautious seldom err....C
  • #8,100
  • Feb 26, 2021 1:31pm Feb 26, 2021 1:31pm
The market is finally moving as it should
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_6.png Size: 70 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_7.png Size: 61 KB
Trading has been and always will be, a hard way to make an easy living.
1 trader viewing now