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A very simple system - trade with arrow

  • #9,481
  • Sep 1, 2022 5:28am Sep 1, 2022 5:28am
when price closed above 0.9759 I felt the upside momentum will continue and hence I was on the buy side
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the cautious seldom err....C
  • #9,482
  • Sep 1, 2022 5:30am Sep 1, 2022 5:30am
a simple trade just following the trend
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.pM1.png Size: 30 KB
the cautious seldom err....C
  • #9,483
  • Edited 9:12am Sep 1, 2022 5:36am | Edited 9:12am
While I was posting the trade on gold, the dragon came alive.,,keeping 1 for target, hopefully she arrives home
EDit: stopped out
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.pM5.png Size: 34 KB
the cautious seldom err....C
  • #9,484
  • Sep 1, 2022 5:52am Sep 1, 2022 5:52am
Quoting pips29
While I was posting the trade on gold, the dragon came alive.,,keeping 1 for target, hopefully she arrives home {image}
In the same trade roughly.
Attached Image (click to enlarge)
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  • #9,485
  • Sep 1, 2022 6:02am Sep 1, 2022 6:02am
lynnc, it looks like we are the only ones trading this method, what happened to Giedrius and some others?
the cautious seldom err....C
  • #9,486
  • Sep 1, 2022 6:19am Sep 1, 2022 6:19am
it's so frustrating to watch this, I have 4 candles missing the target under a pip
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.pM1.png Size: 27 KB
the cautious seldom err....C
  • #9,487
  • Sep 1, 2022 8:25am Sep 1, 2022 8:25am
Quoting pips29
lynnc, it looks like we are the only ones trading this method, what happened to Giedrius and some others?
I'm not sure why its not traded more, its a brilliant setup.
  • #9,488
  • Edited 8:42am Sep 1, 2022 8:27am | Edited 8:42am
Quoting pips29
it's so frustrating to watch this, I have 4 candles missing the target under a pip {image}
|I had to go out so missed taking it out, but at least managed to squeeze some pips.
And don't worry I haven't got rid of the DrRobCCI, I have 2 accounts and this was taken from the second account, I don't have all the indicators on the second install.
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  • #9,489
  • Sep 1, 2022 9:18am Sep 1, 2022 9:18am
I'm so upset with myself. I took a short and later moved the stop to b/e as I went about making a cup of tea. I have totally forgotten about the red data from the US. I normally remove my stop a few minutes before any announcement (high impact) which is related to the pair I'm trading ,a very,very expensive cup of tea
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.pM5.png Size: 29 KB
the cautious seldom err....C
  • #9,490
  • Sep 1, 2022 9:24am Sep 1, 2022 9:24am
Quoting pips29
I'm so upset with myself. I took a short and later moved the stop to b/e as I went about making a cup of tea. I have totally forgotten about the red data from the US. I normally remove my stop a few minutes before any announcement (high impact) which is related to the pair I'm trading ,a very,very expensive cup of tea {image}
I too forgot there red data today. Was scalping buy on EU and hit all my sl. dang it ! would have reentry sell following my major tf analysis.

Edit: expansive tea indeed !
fall seven times, stand up eight.
  • #9,491
  • Sep 1, 2022 9:38am Sep 1, 2022 9:38am
Quoting razoredge22
{quote} I too forgot there red data today. Was scalping buy on EU and hit all my sl. dang it ! would have reentry sell following my major tf analysis. Edit: expansive tea indeed !
and I thought you were selling the majors
the cautious seldom err....C
  • #9,492
  • Sep 1, 2022 9:42am Sep 1, 2022 9:42am
managed only 90 odd pips from the swissy
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.pDaily.png Size: 28 KB
the cautious seldom err....C
  • #9,493
  • Sep 1, 2022 9:48am Sep 1, 2022 9:48am
Quoting pips29
{quote} and I thought you were selling the majors
I was looking for trades to take and I saw the Currency Strength meter Indicate EUR weakness against USD strength seeing that Yesterday's low was a few pips away I decided to take 2 entries not knowing a Red News event was imminent, well the news just pushed price to the ADR low where I exited.


Thanks for the work you have put into this system it's so robust I was able to mold it into my Renko set-up.
Attached Image (click to enlarge)
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Let it turn and find your entry.
  • #9,494
  • Sep 1, 2022 10:23am Sep 1, 2022 10:23am
Quoting Intrepidpips
{quote} I was looking for trades to take and I saw the Currency Strength meter Indicate EUR weakness against USD strength seeing that Yesterday's low was a few pips away I decided to take 2 entries not knowing a Red News event was imminent, well the news just pushed price to the ADR low where I exited. Thanks for the work you have put into this system it's so robust I was able to mold it into my Renko set-up. {image}
Thanks ,you are welcome. It makes me feel so good when traders are able to use the method to their advantage
the cautious seldom err....C
  • #9,495
  • Sep 1, 2022 10:38pm Sep 1, 2022 10:38pm
Quoting pips29
{quote} and I thought you were selling the majors
I did. Still holding my previous entry. Hit my final tp actually but left one position with be. Only planning to scalp buy for few pip end up losing it. well that's what i get when im getting greedy. should have buy on lowest sp level.
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fall seven times, stand up eight.
  • #9,496
  • Edited 4:34am Sep 2, 2022 3:37am | Edited 4:34am
2 trades taken within minutes of each other, let's see
EDit: stops adjusted to few pips below/above H1 34ema
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURGBP.pM5.png Size: 29 KB
Click to Enlarge Name: GBPCAD.pM5.png Size: 31 KB
the cautious seldom err....C
  • #9,497
  • Sep 2, 2022 3:40am Sep 2, 2022 3:40am
made some pips from this trade I took yesterday
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.pM5.png Size: 29 KB
the cautious seldom err....C
  • #9,498
  • Sep 2, 2022 6:45am Sep 2, 2022 6:45am
Quoting pips29
I am looking for someone who can make this indicator for me. It's a multi time frame (say 4 tfs namely, H1,H4,Daily, weekly) ) histogram to show whether the cci 50 are above or below the 0 level, in the form of colours, red =below 0 and blue when the cci is above 0....much appreciated

I can't remember where I got this from or maybe it's been posted here before but I think it's close to what you were asking for.
It's a brilliant indicator that opens up charts but basically shows if CCI is above or below your chosen parameters on selected pairs selected pairs.
Attached Image (click to enlarge)
Click to Enlarge Name: PIP29 03.png Size: 48 KB


The critical success factor in this system as I've come to realize is waiting for 10MA to cross 102MA in M5. once this happens you can drop down to M1to buy the dips or sell the rallies.
Attached Image (click to enlarge)
Click to Enlarge Name: PIP29 04.png Size: 52 KB
Attached File(s)
File Type: ex4 CCI Heatmap BT 1.01.ex4   35 KB | 326 downloads
File Type: mq4 CCI Heatmap BT 1.01.mq4   17 KB | 384 downloads
Let it turn and find your entry.
  • #9,499
  • Sep 2, 2022 8:09am Sep 2, 2022 8:09am
I forgot to remove the stop and the nfp took me out, I have been rather busy this morning and monitoring my trades were slightly troublesome, anyway , I have added a short at the hourly 34 ema and the net result is still -ve but slightly
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD.pM5.png Size: 29 KB
the cautious seldom err....C
  • #9,500
  • Sep 2, 2022 8:11am Sep 2, 2022 8:11am
this one paid out handsomely
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP.pM5.png Size: 30 KB
the cautious seldom err....C
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