A very simple system - trade with arrow | Page 423 | Forex Factory

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A very simple system - trade with arrow

  • #8,441
  • Apr 14, 2022 10:13am Apr 14, 2022 10:13am
Quoting pips29
It's the setting I use till recently. I am trying out a more aggressive approach and I tweak the settings but I probably revert back to the 50
hi buddy thanks for your response, i like to know if is possible for you to increase the width of this indicator. i will really appreciate if you can do it for me
  • #8,442
  • Apr 14, 2022 11:32am Apr 14, 2022 11:32am
Quoting joycometh
{quote} hi buddy thanks for your response, i like to know if is possible for you to increase the width of this indicator. i will really appreciate if you can do it for me
Sorry man, I'm not a tech guy and indicator was made by someone who was passing thru' and also the reason why setting was wrong. The setting should be 50 for all tf
the cautious seldom err....C
  • #8,443
  • Apr 14, 2022 11:37am Apr 14, 2022 11:37am
My initial long on GY is still active and I also managed to make some pips with a few scalps sticking to my view of bullish pa on the htf
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.pM15.png Size: 59 KB
the cautious seldom err....C
  • #8,444
  • Apr 14, 2022 11:40am Apr 14, 2022 11:40am
Quoting pips29
2nd trade of the day..Long GA {image}
I tried a second time with a long and after taking 1/3 off price came back down and took my b/e stop
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD.pM5.png Size: 55 KB
the cautious seldom err....C
  • #8,445
  • Apr 15, 2022 3:40am Apr 15, 2022 3:40am
Quoting pips29
My initial long on GY is still active and I also managed to make some pips with a few scalps sticking to my view of bullish pa on the htf {image}
I took 3/4 out from my initial entry and will be moving stop higher when price moves higher. Atm it's locked in at b/e+20. Happy Easter folks!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.pWeekly.png Size: 65 KB
the cautious seldom err....C
  • #8,446
  • Apr 18, 2022 4:35am Apr 18, 2022 4:35am
Quoting pips29
{quote} I took 3/4 out from my initial entry and will be moving stop higher when price moves higher. Atm it's locked in at b/e+20. Happy Easter folks! {image}
stopped out: +20
the cautious seldom err....C
  • #8,447
  • Apr 18, 2022 4:44am Apr 18, 2022 4:44am
Using M1 for this entry
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.pM1.png Size: 66 KB
the cautious seldom err....C
  • #8,448
  • Apr 18, 2022 7:10am Apr 18, 2022 7:10am
took some profits and stop moved to b/e
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.pM5.png Size: 69 KB
the cautious seldom err....C
  • #8,449
  • Apr 18, 2022 9:27am Apr 18, 2022 9:27am
going for 2nd round. My first entry was stopped out at b/e for the remainder
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.pM5.png Size: 65 KB
the cautious seldom err....C
  • #8,450
  • Apr 18, 2022 9:48am Apr 18, 2022 9:48am
Quoting pips29
going for 2nd round. My first entry was stopped out at b/e for the remainder {image}
this particular trade is in buy trend above MA, pips29 are blue, CCI blue barely above "0". However, red didn't signal to enter the trade yet. I wouldn't trade this but you do.

Why did you enter the trade? Is it based on personal experience and your gut feelings?

I'm still trying to figure out how you get accurate entries and profit-making methods. It has nothing to do with CCI or BBMA methods.
  • #8,451
  • Apr 18, 2022 10:16am Apr 18, 2022 10:16am
Quoting trader2022
{quote} this particular trade is in buy trend above MA, pips29 are blue, CCI blue barely above "0". However, red didn't signal to enter the trade yet. I wouldn't trade this but you do. Why did you enter the trade? Is it based on personal experience and your gut feelings? I'm still trying to figure out how you get accurate entries and profit-making methods. It has nothing to do with CCI or BBMA methods.
Red cci has already given a signal earlier when it crossed the 0 level. I was waiting for the blue cci to follow and when it did I struck after the price chart was also showing me this..this method is very visual as thinking has been designed by just looking
the cautious seldom err....C
  • #8,452
  • Apr 18, 2022 10:50am Apr 18, 2022 10:50am
Quoting pips29
{quote} Red cci has already given a signal earlier when it crossed the 0 level. I was waiting for the blue cci to follow and when it did I struck after the price chart was also showing me this..this method is very visual as thinking has been designed by just looking
Yes, you are right. Red entered above 0 before blue, Also for the selling method, Red is below blue and for buy, red is above blue. I personally wait for red to touch blue before I enter a trade but today I learn a new thing ... I've already learned a lot from you but still learning many things to learn. Sometimes its much better to keep quiet and listen to the teacher
  • #8,453
  • Apr 18, 2022 11:05am Apr 18, 2022 11:05am
Quoting trader2022
{quote} Yes, you are right. Red entered above 0 before blue, Also for the selling method, Red is below blue and for buy, red is above blue. I personally wait for red to touch blue before I enter a trade but today I learn a new thing ... I've already learned a lot from you but still learning many things to learn. Sometimes its much better to keep quiet and listen to the teacher
I don't know from where you get the notion that the red cci has to be above the blue cci for a buy and vice versa. I have never mentioned this , please quote the post where I did. Please do not complicate this simple method of trading
the cautious seldom err....C
  • #8,454
  • Apr 18, 2022 11:55am Apr 18, 2022 11:55am
Quoting pips29
{quote} I don't know from where you get the notion that the red cci has to be above the blue cci for a buy and vice versa. I have never mentioned this , please quote the post where I did. Please do not complicate this simple method of trading
as I mentioned earlier, the method written on the 1st page is different from yours. Therefore you are a consistently successful trader and your method isn't in writing to this thread yet I am still trying to figure out your method and keep asking you time to time .
  • #8,455
  • Apr 18, 2022 12:51pm Apr 18, 2022 12:51pm
Quoting trader2022
{quote} as I mentioned earlier, the method written on the 1st page is different from yours. Therefore you are a consistently successful trader and your method isn't in writing to this thread yet I am still trying to figure out your method and keep asking you time to time .
I still trade the way I have been trading .Tell me what's different and I come back to you later. I am on my way to dinner now and so can't discuss
.
the cautious seldom err....C
  • #8,456
  • Apr 18, 2022 1:23pm Apr 18, 2022 1:23pm
Quoting pips29
{quote} I still trade the way I have been trading .Tell me what's different and I come back to you later. I am on my way to dinner now and so can't discuss .

Dinner? it's moring 4:18 AM in Australia .

Is it possible for you to write your Rules of entry based on your current CCI template in one single Post? In Steps for those who wants to learn from you.
  • #8,457
  • Apr 18, 2022 4:12pm Apr 18, 2022 4:12pm
Quoting pips29
{quote} stopped out: +20
I went long this pair again today and took some profits. I am leaving some for the same target as previously
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.pM5.png Size: 63 KB
the cautious seldom err....C
  • #8,458
  • Apr 18, 2022 4:17pm Apr 18, 2022 4:17pm
Quoting pips29
going for 2nd round. My first entry was stopped out at b/e for the remainder {image}
taken almost every bit out for profits, Target would have been reached had I not moved it. Just in case you are looking for my stop it's not there, it's my policy to remove stop before the changeover and to put it back after the hour when volatility returns to normal. I'm sure many would have experienced getting stopped out owing to the widening of spread during that hour
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.pM5.png Size: 67 KB
the cautious seldom err....C
  • #8,459
  • Apr 18, 2022 4:36pm Apr 18, 2022 4:36pm
Quoting trader2022
{quote} Dinner? it's moring 4:18 AM in Australia . Is it possible for you to write your Rules of entry based on your current CCI template in one single Post? In Steps for those who wants to learn from you.
I went back to the first post and I don't see what is different from what I'm doing now. I believe your mindset is geared towards automated trading and it's hampering how you should view the market. Anyway, I'm not a guru and I am just sharing my trades. I can only answer question related to what is on my chart . I know some of you have other indicators on and not sticking to the core of the method. Some use TL to enter trade and this is the TL I drew on UCad on Easter Sunday but did not trade it, the entry short was also well confirmed using bbma too.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.pDaily.png Size: 78 KB
the cautious seldom err....C
  • #8,460
  • Apr 18, 2022 4:44pm Apr 18, 2022 4:44pm
Can you not tell the trend is down looking at the daily and don't you think it's better to short? I'm not saying you won't make money by going long but if you want to go with the trend then you have to short..price moves in waves, you just have to ride it, otherwise you get drown
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.pDaily.png Size: 62 KB
the cautious seldom err....C
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