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A very simple system - trade with arrow

  • #8,241
  • Jun 21, 2021 4:06am Jun 21, 2021 4:06am
If I take a short now would you consider this as CT trading? anyone?
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 63 KB
the cautious seldom err....C
  • #8,242
  • Jun 21, 2021 4:59am Jun 21, 2021 4:59am
Quoting pips29
If I take a short now would you consider this as CT trading? anyone? {image}
Yes. To me it would be CT.
since i don't open trade in daily chart.
MA provides the market's current direction and strength.
  • #8,243
  • Jun 21, 2021 5:26am Jun 21, 2021 5:26am
Quoting hasib
{quote} Yes. To me it would be CT. since i don't open trade in daily chart.
I consider this a retracement until the April high is taken out and an extreme condition with bbma
the cautious seldom err....C
  • #8,244
  • Jun 21, 2021 6:20am Jun 21, 2021 6:20am
I took this trade last night expecting the continuation of the downtrend but was not overly confident and so I set a target I believed would be reached while I slept
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM15.png Size: 62 KB
the cautious seldom err....C
  • #8,245
  • Jun 21, 2021 6:25am Jun 21, 2021 6:25am
I tried twice to make some money from the swissy but instead lost brokerage fee
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFM15.png Size: 62 KB
the cautious seldom err....C
  • #8,246
  • Jun 21, 2021 11:03am Jun 21, 2021 11:03am
this trade is still on-going and I will take another piece out at/near S1
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM15.png Size: 68 KB
the cautious seldom err....C
  • #8,247
  • Jun 21, 2021 11:06am Jun 21, 2021 11:06am
I took a short using the daily chart on another method but monitoring on M15
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Click to Enlarge Name: EURNZDM15.png Size: 66 KB
the cautious seldom err....C
  • #8,248
  • Jun 21, 2021 11:11am Jun 21, 2021 11:11am
see how much pain you get when you trade the break..I will only short when it reaches the retracement level on the chart
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Click to Enlarge Name: GBPJPYDaily.png Size: 60 KB
the cautious seldom err....C
  • #8,249
  • Jun 21, 2021 11:47am Jun 21, 2021 11:47am
I'm leaving this trade alone to reach target or stop,,time to take a break...bbl
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM15.png Size: 69 KB
the cautious seldom err....C
  • #8,250
  • Jun 21, 2021 4:22pm Jun 21, 2021 4:22pm
Quoting pips29
I took a short using the daily chart on another method but monitoring on M15 {image}
the broker must have widen the spread and took me out..I checked another broker but did not see that
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM5.png Size: 60 KB
the cautious seldom err....C
  • #8,251
  • Jun 21, 2021 4:36pm Jun 21, 2021 4:36pm
Quoting pips29
I'm leaving this trade alone to reach target or stop,,time to take a break...bbl {image}
this trade is still alive, let's get lucky
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM15.png Size: 69 KB
the cautious seldom err....C
  • #8,252
  • Jun 21, 2021 4:39pm Jun 21, 2021 4:39pm
Quoting pips29
I took this trade last night expecting the continuation of the downtrend but was not overly confident and so I set a target I believed would be reached while I slept {image}
will try another "earn as you sleep " trade and will post it here before I log off
the cautious seldom err....C
  • #8,253
  • Edited Jun 22, 2021 3:14am Jun 21, 2021 5:48pm | Edited Jun 22, 2021 3:14am
long NY
EDit: stop hit
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYM15.png Size: 61 KB
the cautious seldom err....C
  • #8,254
  • Jun 22, 2021 3:14am Jun 22, 2021 3:14am
LO scalp still open
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 63 KB
the cautious seldom err....C
  • #8,255
  • Jun 22, 2021 3:16am Jun 22, 2021 3:16am
and another one
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Click to Enlarge Name: USDJPYM15.png Size: 69 KB
the cautious seldom err....C
  • #8,256
  • Jun 22, 2021 3:17am Jun 22, 2021 3:17am
and one more...3 trades taken LO
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 57 KB
the cautious seldom err....C
  • #8,257
  • Jun 22, 2021 3:54am Jun 22, 2021 3:54am
Quoting pips29
and one more...3 trades taken LO {image}
price retraced and took me out at-2...will go long after pa is above the pivot, leaving this pair aside until pa tells me to long
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 55 KB
the cautious seldom err....C
  • #8,258
  • Jun 22, 2021 4:29am Jun 22, 2021 4:29am
just taken, please do not follow blindly
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 60 KB
the cautious seldom err....C
  • #8,259
  • Jun 22, 2021 4:39am Jun 22, 2021 4:39am
Please ensure H1 is also showing a sell before you enter using the ltf like M1/M5/m15..it's just to make sure you are following a htf like H1..if the trade does not work out, at least you have the consolation you took your entry correctly,
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 56 KB
the cautious seldom err....C
  • #8,260
  • Jun 22, 2021 4:45am Jun 22, 2021 4:45am
Quoting pips29
just taken, please do not follow blindly {image}
wow! that was quick and I had taken some out for profits and locking in the remainder at b/e..if you take 5 trades a day and make 10 pips /trade you are on you way making profits consistently and with the method here 10 pips is easily achievable. I have to stress again that H1 must show the same direction as your entry on the ltf
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 62 KB
the cautious seldom err....C
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