A very simple system - trade with arrow | Page 486 | Forex Factory

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A very simple system - trade with arrow

  • #9,701
  • Oct 18, 2022 3:54am Oct 18, 2022 3:54am
Quoting pips29
I jumped into this trade ahead of "proper" confirmation just a short while ago. I took an entry last night after the first hour of market open when spread turned normal. That trade netted me 16 pips {image}
stopped out, nett loss 7-8 pips ,target for day revised to 58 pips
the cautious seldom err....C
  • #9,702
  • Oct 18, 2022 3:56am Oct 18, 2022 3:56am
Quoting lynnc
{quote}I have a sell in at the moment. {image}
good for you. I missed the entry down
the cautious seldom err....C
  • #9,703
  • Oct 18, 2022 4:03am Oct 18, 2022 4:03am
Quoting mikeeating
{quote} you've been trading this for around 6 years?
perhaps longer. I have used other methods too
the cautious seldom err....C
  • #9,704
  • Oct 18, 2022 4:10am Oct 18, 2022 4:10am
Quoting pips29
in this trade too..2 trades so far NY and EU {image}
stopped out -28..trading hasn't gone well for me and it's gonna be tough to hit my daily 50 pips, need 85 pips to do that
the cautious seldom err....C
  • #9,705
  • Oct 18, 2022 4:13am Oct 18, 2022 4:13am
Does anyone know what happened to the yen? intervention? UY dropped 100 odd pips
the cautious seldom err....C
  • #9,706
  • Oct 18, 2022 4:36am Oct 18, 2022 4:36am
Quoting pips29
Does anyone know what happened to the yen? intervention? UY dropped 100 odd pips
I was just looking at why but couldn't find anything at the moment.
  • #9,707
  • Oct 18, 2022 4:55am Oct 18, 2022 4:55am
Quoting lynnc
{quote}I have a sell in at the moment. {image}
TP reached. I have set 50 pip tp on the GBP pairs because of their higher ATR's at the moment, but 30 pips on EU etc. Ive also had to go back to the synergy apb's to see things clearer, just my crappy eyesight I think
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5-18-10(2).png Size: 17 KB
  • #9,708
  • Oct 18, 2022 5:00am Oct 18, 2022 5:00am
Quoting lynnc
{quote}TP reached. I have set 50 pip tp on the GBP pairs because of their higher ATR's at the moment, but 30 pips on EU etc. Ive also had to go back to the synergy apb's to see things clearer, just my crappy eyesight I think {image}
looks like you're done for the day unless you like some bonuses
the cautious seldom err....C
  • #9,709
  • Oct 18, 2022 5:04am Oct 18, 2022 5:04am
Quoting pips29
{quote} looks like you're done for the day unless you like some bonuses
If I see something juicy I will take it. I missed GA which is a shame, but done for the day otherwise. I love this system pips
  • #9,710
  • Oct 18, 2022 5:14am Oct 18, 2022 5:14am
Quoting lynnc
{quote}If I see something juicy I will take it. I missed GA which is a shame, but done for the day otherwise. I love this system pips
yes, I saw that too, several rejections and a breakdown..If my trades were locked in at b/e I would have taken the trade
the cautious seldom err....C
  • #9,711
  • Oct 18, 2022 6:51am Oct 18, 2022 6:51am
ploughed back 21 pips and waiting for US session for new trades
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY.pM5.png Size: 31 KB
the cautious seldom err....C
  • #9,712
  • Oct 18, 2022 7:13am Oct 18, 2022 7:13am
gone short the loonie
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.pM5.png Size: 31 KB
the cautious seldom err....C
  • #9,713
  • Oct 18, 2022 8:55am Oct 18, 2022 8:55am
Quoting pips29
gone short the loonie {image}
By my reckoning that should have reached TP?
  • #9,714
  • Oct 18, 2022 9:08am Oct 18, 2022 9:08am
Quoting lynnc
{quote}By my reckoning that should have reached TP?
Yes, recovered some, need only 10 pips to b/e
I am outside atm as I was called out by lady boss to have some pub food for lunch. She wants to do some shopping now. It will be another hour before I can get home
the cautious seldom err....C
  • #9,715
  • Oct 18, 2022 9:21am Oct 18, 2022 9:21am
Quoting pips29
{quote} stopped out -28..trading hasn't gone well for me and it's gonna be tough to hit my daily 50 pips, need 85 pips to do that
Champions always find a way to win, you are a champion.
Let it turn and find your entry.
  • #9,716
  • Oct 18, 2022 9:34am Oct 18, 2022 9:34am
Haven't actually had time to trade even today I missed several good opportunities because I didn't get to the office till after NYO;

I have let go of the PIPS29 Indie because RENKO is not time dependent at all so no need for active multi time framing, so the system is optimized for RENKO as it is; took a trade and targeted the London session high, it could have been negative but thank God it went my way 8% for the day
Attached Image (click to enlarge)
Click to Enlarge Name: Pips29 30.png Size: 65 KB
Let it turn and find your entry.
  • #9,717
  • Oct 18, 2022 9:51am Oct 18, 2022 9:51am
Quoting pips29
{quote} Yes, recovered some, need only 10 pips to b/e I am outside atm as I was called out by lady boss to have some pub food for lunch. She wants to do some shopping now. It will be another hour before I can get home
Hello pips29 please can you share your indies i will also like to send you a pm, can i trade breakout with your set up i only have the trading time jf indicator ..Thanks
  • #9,718
  • Oct 18, 2022 1:47pm Oct 18, 2022 1:47pm
Quoting Slingshots1
{quote} Hello pips29 please can you share your indies i will also like to send you a pm, can i trade breakout with your set up i only have the trading time jf indicator ..Thanks
Hi! Slingshots, you can find the indicators by clicking on my profile or use the paperclip at the top right of the thread..This is not a breakout strategy but I guess you can use it for your purpose, when you say breakout do you mean TL break, S/R break, pivot break or consolidation break, guess you need to try out to find out, enjoy
the cautious seldom err....C
  • #9,719
  • Oct 19, 2022 2:00am Oct 19, 2022 2:00am
Nice early finish today
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5-19-10.png Size: 15 KB
  • #9,720
  • Oct 19, 2022 3:24am Oct 19, 2022 3:24am
Quoting lynnc
Nice early finish today {image}
wow! I have not logged on yet, anyway got 2 trades going now
the cautious seldom err....C
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