A very simple system - trade with arrow | Page 452 | Forex Factory

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A very simple system - trade with arrow

  • #9,021
  • Jun 21, 2022 8:42am Jun 21, 2022 8:42am
Looks like I have to endure some pain now, hopefully it turns to pleasure, no pain no gain
the cautious seldom err....C
  • #9,022
  • Jun 21, 2022 9:48am Jun 21, 2022 9:48am
Quoting pips29
{quote} I join you on M15 {image}
those mofu surrounded me and forced me to eat my stop
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15a.png Size: 29 KB
the cautious seldom err....C
  • #9,023
  • Jun 21, 2022 10:12am Jun 21, 2022 10:12am
Quoting pips29
{quote} those mofu surrounded me and forced me to eat my stop {image}
Hi Eric,

Am sure you said do not trade in to the Pivot, which is what it seems you did here, does it mean it depends, sometimes you do and some times you don't.

If you want to explain more, that will help as this system is tough sometimes.

Thanks
Born to rule my Economic World and Make a Difference!
  • #9,024
  • Jun 21, 2022 10:52am Jun 21, 2022 10:52am
yeah, it can go spectacularly wrong as for me today. You check higher tf and trade away from pivot and anyway you loose.
None of indicators can guaranty that we will win, I see them more as guidelines. this just my opinion, what do I know
  • #9,025
  • Jun 21, 2022 11:35am Jun 21, 2022 11:35am
Quoting Giedrius
yeah, it can go spectacularly wrong as for me today. You check higher tf and trade away from pivot and anyway you loose. None of indicators can guaranty that we will win, I see them more as guidelines. this just my opinion, what do I know
a bad day for AU, it's gone into a cold room for a few days as punishment for not behaving. It's all good,don't get distracted, part of trading is taking the loss
the cautious seldom err....C
  • #9,026
  • Jun 21, 2022 12:47pm Jun 21, 2022 12:47pm
Quoting pips29
{quote} a bad day for AU, it's gone into a cold room for a few days as punishment for not behaving. It's all good,don't get distracted, part of trading is taking the loss
I'm aware of this very well eric, no worries
  • #9,027
  • Jun 22, 2022 2:43am Jun 22, 2022 2:43am
Quoting pips29
gone short kiwi with very tight stop {image}
I changed my mind and moved the stop to the current high at that time. It saved me the trade and hit my target instead this morning. I recouped the loss on AU with double the pips on the AU loss..AU printed a nice bearish signal candle when price closed below the pivot, unfortunately I was in bed. I just want to say htf rules and it was evident in both AU and NU
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 32 KB
the cautious seldom err....C
  • #9,028
  • Jun 28, 2022 9:15am Jun 28, 2022 9:15am
Quoting sharemaster2
{quote} Hi Eric, Am sure you said do not trade in to the Pivot, which is what it seems you did here, does it mean it depends, sometimes you do and some times you don't. If you want to explain more, that will help as this system is tough sometimes. Thanks
All your questions were answered amid my learning from pips29. Just read few posts between me and pips29.

A very simple system - trade with arrow | Page 435 | Forex Factory


Hope I'll find time to trade with you guys again.
  • #9,029
  • Jun 29, 2022 3:44am Jun 29, 2022 3:44am
just a very basic 10/34 ema entry on this pair
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD.pM15.png Size: 28 KB
the cautious seldom err....C
  • #9,030
  • Jun 29, 2022 4:06am Jun 29, 2022 4:06am
Quoting cadap72509
Euraud long {image}
I must have missed your post, anyway, welcome. How did your trade end?
the cautious seldom err....C
  • #9,031
  • Jun 29, 2022 5:57am Jun 29, 2022 5:57am
another basic 10/34 ema entry
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.pM15.png Size: 32 KB
the cautious seldom err....C
  • #9,032
  • Jun 30, 2022 8:42am Jun 30, 2022 8:42am
took 2 entries before I went out and took some off for some profit after coming back 20 minutes ago.Both entries are at b/e+.this is the only trade I have going atm. I forgot to say my stop was a few pips above the pivot which was not reached
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.pM15.png Size: 29 KB
the cautious seldom err....C
  • #9,033
  • Jul 1, 2022 5:00am Jul 1, 2022 5:00am
long uCad with very tight stop of <10 pips
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.pM15.png Size: 31 KB
the cautious seldom err....C
  • #9,034
  • Jul 1, 2022 5:03am Jul 1, 2022 5:03am
2 small shorts on NY
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPY.pM15.png Size: 28 KB
the cautious seldom err....C
  • #9,035
  • Jul 1, 2022 5:11am Jul 1, 2022 5:11am
Quoting pips29
2 small shorts on NY {image}
that was quick, my trades are well protected now
Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 29 KB
the cautious seldom err....C
  • #9,036
  • Jul 1, 2022 5:57am Jul 1, 2022 5:57am
Quoting pips29
{quote} that was quick, my trades are well protected now {image}
being a Friday I'm going to take profits quick and so I took 1 entry off
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPY.pM15.png Size: 33 KB
the cautious seldom err....C
  • #9,037
  • Jul 1, 2022 6:58am Jul 1, 2022 6:58am
I have 3 shorts just slightly above the pivot..Please remember I never said you cannot trade towards the pivot but what I said was to trade away from the pivot for the higher probability that the trade works out. In the chart by looking left you will notice pa has already broken down the pivot with closes several times meaning it's not likely to be a strong support
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.pM15.png Size: 33 KB
the cautious seldom err....C
  • #9,038
  • Jul 1, 2022 7:10am Jul 1, 2022 7:10am
I somehow overlooked this trade but to those who caught it, an easy 100 pips ride
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.pM15.png Size: 28 KB
the cautious seldom err....C
  • #9,039
  • Jul 1, 2022 7:22am Jul 1, 2022 7:22am
I'm not going to comment on gold.I will let you decide. Here are some charts, my lunch break now,bbl
Attached Image(s) (click to enlarge)
Click to Enlarge Name: XAUUSD.pWeekly.png Size: 27 KB
Click to Enlarge Name: XAUUSD.pDaily.png Size: 31 KB
Click to Enlarge Name: XAUUSD.pH4.png Size: 31 KB
the cautious seldom err....C
  • #9,040
  • Jul 1, 2022 8:09am Jul 1, 2022 8:09am
Quoting pips29
{quote} being a Friday I'm going to take profits quick and so I took 1 entry off {image}
trade closed
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPY.pM15.png Size: 32 KB
the cautious seldom err....C
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