A very simple system - trade with arrow | Page 428 | Forex Factory

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A very simple system - trade with arrow

  • #8,541
  • Apr 26, 2022 5:51am Apr 26, 2022 5:51am
Quoting trader2022
first trade after vacation with fixed 10pips profit/loss EA. {image}
wow! another holiday, just the other day if I'm not mistaken you took a break over Easter..you must be enjoying life, looks like your fingers have been itchy over the holidays
the cautious seldom err....C
  • #8,542
  • Apr 26, 2022 6:02am Apr 26, 2022 6:02am
Quoting pips29
{quote} wow! another holiday, just the other day if I'm not mistaken you took a break over Easter..you must be enjoying life, looks like your fingers have been itchy over the holidays
Yes, then we had ANZAC day. so families got 14 April until 25 April. Yes I was impatient to trade but but but family is first, and just now i realize not to use tight SL in M5 trading

I lost my memory during holidays. used tight SL to this aggressive GBPJPY. that hit SL and lost few pips. Then I re-entered and recovered losses + a little profit.
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  • #8,543
  • Apr 26, 2022 6:25am Apr 26, 2022 6:25am
GBPAUD good time to secure profit and exit the trade.
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  • #8,544
  • Apr 26, 2022 6:35am Apr 26, 2022 6:35am
GBPNZD

I could hold for longer and better profit. But as pips29 says Collect whatever market gives you.

So its dinner time so must close before leaving the screen.
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  • #8,545
  • Apr 26, 2022 7:03am Apr 26, 2022 7:03am
EURUSD.

Time to collect profit.
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  • #8,546
  • Apr 26, 2022 7:08am Apr 26, 2022 7:08am
CADCHF

trade secured @ BE. Profit is set to hit either way something is better than nothing or loss. Right pips29??
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  • #8,547
  • Edited 7:25am Apr 26, 2022 7:14am | Edited 7:25am
AUDUSD

Every pair needs breathing space. However, tight SL gave me a -11pip loss in this pair for no reason. that was my mistake.

Now another setup is going to recover that loss + few pips profit.
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  • #8,548
  • Apr 26, 2022 7:37am Apr 26, 2022 7:37am
USDCHF

Trade is secured so i can sleep well
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  • #8,549
  • Apr 26, 2022 7:40am Apr 26, 2022 7:40am
Quoting pips29
just taken, entries might not be perfect where I entered and so add-ons might be needed {image} {image}
taken 80% out for some profit and leaving the remainder for target @ 1.2818
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.pM5.png Size: 60 KB
the cautious seldom err....C
  • #8,550
  • Apr 26, 2022 7:47am Apr 26, 2022 7:47am
I have added shorts on this pair and looking forward to some nice returns, ambitious final target
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.pDaily.png Size: 72 KB
the cautious seldom err....C
  • #8,551
  • Apr 26, 2022 7:49am Apr 26, 2022 7:49am
Quoting pips29
{quote} taken 80% out for some profit and leaving the remainder for target @ 1.2818 {image}

pips29
I want to trade like you. you have collected 72.5 pips in ONE trade and still going.
  • #8,552
  • Apr 26, 2022 7:51am Apr 26, 2022 7:51am
Quoting pips29
just a heads up that I will probably go long at the fib 38.2 retracement which happens to be at the 34 ema. It will be a small long if I do.. {image}
I tried but it was not to be +2
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.pM5.png Size: 52 KB
the cautious seldom err....C
  • #8,553
  • Apr 26, 2022 8:19am Apr 26, 2022 8:19am
Quoting trader2022
GBPNZD I could hold for longer and better profit. But as pips29 says Collect whatever market gives you. So its dinner time so must close before leaving the screen. {image}
Hello! What is indikator then show arrows on your chart? Thx.
  • #8,554
  • Apr 26, 2022 8:43am Apr 26, 2022 8:43am
Quoting trader2022
{quote} pips29 I want to trade like you. you have collected 72.5 pips in ONE trade and still going.
sure, you can trade like me but first remove all those stupid and confusing arrows on your chart, you either shoot up or shoot down, on your chart you are shooting all over the place. This is not an orgy, clean up the chart and try to follow mtf analysis, here's a diagram to help ..when you enter try to see where you are entering and whether you are against the htf as well. You have to figure out which wave you are riding on the smaller waves
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the cautious seldom err....C
  • #8,555
  • Apr 26, 2022 8:49am Apr 26, 2022 8:49am
Can you see why I only go long..you just need to look at H1/H4 or daily which should be your htf when trading M15 and for M5 the H4 should be your dominant trend
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Click to Enlarge Name: USDCAD.pH4.png Size: 73 KB
the cautious seldom err....C
  • #8,556
  • Apr 26, 2022 8:53am Apr 26, 2022 8:53am
On H4 for AU can you determine the trend?.If you can't go pay a visit to your optician
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the cautious seldom err....C
  • #8,557
  • Apr 26, 2022 9:04am Apr 26, 2022 9:04am
Quoting pips29
{quote} taken 80% out for some profit and leaving the remainder for target @ 1.2818 {image}
mission accomplished 1.2818 hit
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Attached Image
the cautious seldom err....C
  • #8,558
  • Apr 26, 2022 9:08am Apr 26, 2022 9:08am
There are still targets left for the loonie but I leave that for later..I'm totally satisfied with the outcome today
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.pDaily.png Size: 72 KB
the cautious seldom err....C
  • #8,559
  • Apr 26, 2022 9:38am Apr 26, 2022 9:38am
I have both entries locked in at b/e now with 2 different targets which are quite far apart..we have some red news from down under when I will be sleeping and so I might close everything before then, anyway it depends on how the pa is later on..I won't be taking any trade for now and closing down my laptop...taking a break and monitoring will be done on mobile..trade well guys
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.pDaily.png Size: 73 KB
the cautious seldom err....C
  • #8,560
  • Edited Apr 27, 2022 2:00am Apr 26, 2022 4:25pm | Edited Apr 27, 2022 2:00am
Quoting pips29
I have both entries locked in at b/e now with 2 different targets which are quite far apart..we have some red news from down under when I will be sleeping and so I might close everything before then, anyway it depends on how the pa is later on..I won't be taking any trade for now and closing down my laptop...taking a break and monitoring will be done on mobile..trade well guys {image}
I have taken one position out and leaving the remainder of another position for my target which is about 16 pips from where price is now
EDit: stopped out for +40
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.pDaily.png Size: 66 KB
the cautious seldom err....C
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