A very simple system - trade with arrow | Page 477 | Forex Factory

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A very simple system - trade with arrow

  • #9,521
  • Sep 5, 2022 11:15am Sep 5, 2022 11:15am
Quoting pips29
my longs on EY worked out very nicely, my target for the day is already hit {image}
I want to Christen you "Pipsaholic" the way you rake in the pips is absolutely amazing.
Let it turn and find your entry.
  • #9,522
  • Sep 5, 2022 11:26am Sep 5, 2022 11:26am
Quoting Intrepidpips
{quote} I want to Christen you "Pipsaholic" the way you rake in the pips is absolutely amazing.
I sure do agree on that remark. That intrinsic capacity to read the candles as accurately is a lifetime skill, I sense he must have been a city trader in the past. Just herds the pips home slowly but surely..
Born to rule my Economic World and Make a Difference!
  • #9,523
  • Sep 6, 2022 3:14am Sep 6, 2022 3:14am
Quoting Intrepidpips
{quote} I want to Christen you "Pipsaholic" the way you rake in the pips is absolutely amazing.
just lucky
the cautious seldom err....C
  • #9,524
  • Sep 6, 2022 3:23am Sep 6, 2022 3:23am
Quoting pips29
I will probably sell if price gets there {image}
I did enter but slightly later as I was not in front of the computer to catch the top, anyway after taking the trade I also add in a pending sell
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD.pH4.png Size: 30 KB
Click to Enlarge Name: GBPUSD.pM5.png Size: 29 KB
the cautious seldom err....C
  • #9,525
  • Sep 6, 2022 3:39am Sep 6, 2022 3:39am
just taken: Long EG
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP.pM5.png Size: 30 KB
the cautious seldom err....C
  • #9,526
  • Sep 6, 2022 4:24am Sep 6, 2022 4:24am
bad entry,ate the loss
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP.pM5.png Size: 30 KB
the cautious seldom err....C
  • #9,527
  • Sep 6, 2022 4:28am Sep 6, 2022 4:28am
Quoting pips29
{quote} just lucky
They say preparation meeting opportunity equals luck, so we should all pray to put in the hours you have.
Let it turn and find your entry.
  • #9,528
  • Sep 6, 2022 5:15am Sep 6, 2022 5:15am
I had to run an errand for the home front so missed Europe open and London Open.

I see that the CCI heat map doesn't give an indication of Zero crossing but it's just useful to show if the instrument is in the positive or negative pole anyway it's a great pair switcher so I should still retain it.

The 10/102 Dash has shown all the pairs that lined up nicely and seems JPY is being dumped at the moment.
Attached Image (click to enlarge)
Click to Enlarge Name: Pips29 04.png Size: 66 KB
Let it turn and find your entry.
  • #9,529
  • Sep 6, 2022 5:19am Sep 6, 2022 5:19am
First trade was a lucky escape.

I waited for the rally after the cross but from the way price was stalling there I had to kill the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: PIP29 08.png Size: 69 KB
Let it turn and find your entry.
  • #9,530
  • Sep 6, 2022 5:22am Sep 6, 2022 5:22am
My pending sell is still there since I took my first entry which hit my stop for the remainder. I have just entered for a second time just in case price doesn't hit my pending order. This entry is smaller than the p/o
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.pH4.png Size: 34 KB
the cautious seldom err....C
  • #9,531
  • Sep 6, 2022 5:23am Sep 6, 2022 5:23am
My second trade was good.
Attached Image (click to enlarge)
Click to Enlarge Name: PIP29 07.png Size: 70 KB
Let it turn and find your entry.
  • #9,532
  • Sep 6, 2022 5:43am Sep 6, 2022 5:43am
I had already locked in at b/e with 1 portion taken out
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.pM5.png Size: 29 KB
the cautious seldom err....C
  • #9,533
  • Sep 6, 2022 5:46am Sep 6, 2022 5:46am
a risky trade but after weighing the odds I took it, and it's at b/e now
EDit: taken 1 out for +17
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.pM1.png Size: 29 KB
the cautious seldom err....C
  • #9,534
  • Sep 6, 2022 5:52am Sep 6, 2022 5:52am
stop moved lower and target set
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.pM5.png Size: 30 KB
the cautious seldom err....C
  • #9,535
  • Sep 6, 2022 6:15am Sep 6, 2022 6:15am
Quoting Intrepidpips
My second trade was good. {image}
That is more like it, so you watch the board for pairs crossing on the 5 min TF and take your trade on the 1M time frame, right?
But will it not be wiser if 5, 15, 1hour were all the same colour then you have a better probability of a better out come.

Just a thought.
Born to rule my Economic World and Make a Difference!
  • #9,536
  • Sep 6, 2022 6:16am Sep 6, 2022 6:16am
Quoting pips29
a risky trade but after weighing the odds I took it, and it's at b/e now EDit: taken 1 out for +17 {image}
stopped out, no luck
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.pM1.png Size: 29 KB
the cautious seldom err....C
  • #9,537
  • Sep 6, 2022 6:50am Sep 6, 2022 6:50am
Quoting sharemaster2
{quote} That is more like it, so you watch the board for pairs crossing on the 5 min TF and take your trade on the 1M time frame, right? But will it not be wiser if 5, 15, 1hour were all the same colour then you have a better probability of a better out come. Just a thought.

You are right if all the Time frames are same colour, the better the odds like the JPY pairs this morning.


For me the best approach is to trade light, look for the low hanging fruit and pick it if you are purely technically triggered, if you have a fundamental edge you can ride the wave.
Let it turn and find your entry.
  • #9,538
  • Sep 6, 2022 6:54am Sep 6, 2022 6:54am
Quoting Intrepidpips
My second trade was good. {image}

This one was a mixture of Greed and FOMO
Attached Image (click to enlarge)
Click to Enlarge Name: Pips29 05.png Size: 68 KB
Let it turn and find your entry.
  • #9,539
  • Sep 6, 2022 8:07am Sep 6, 2022 8:07am
loved it when a trade works out
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.pM5.png Size: 29 KB
the cautious seldom err....C
  • #9,540
  • Sep 6, 2022 9:17am Sep 6, 2022 9:17am
Quoting pips29
loved it when a trade works out {image}
Gold wheelbarrow time
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