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A very simple system - trade with arrow

  • #9,841
  • Mar 15, 2023 1:00pm Mar 15, 2023 1:00pm
gone long just minutes ago, ambitious target
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM15.png Size: 33 KB
the cautious seldom err....C
  • #9,842
  • Mar 20, 2023 9:17am Mar 20, 2023 9:17am
a very basic 10/34 ema trade on M15
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 29 KB
the cautious seldom err....C
  • #9,843
  • Mar 20, 2023 10:02am Mar 20, 2023 10:02am
Gone long GU with tight stop using M5
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 30 KB
the cautious seldom err....C
  • #9,844
  • Mar 20, 2023 10:56am Mar 20, 2023 10:56am
Which oscillator does we see on the graph?
  • #9,845
  • Mar 20, 2023 11:29am Mar 20, 2023 11:29am
Quoting AnlyticsT
Which oscillator does we see on the graph?
first you must look at the price chart to see if there is a set up and finally take the entry when the oscillator confirms the entry direction
the cautious seldom err....C
  • #9,846
  • Mar 20, 2023 11:30am Mar 20, 2023 11:30am
Quoting pips29
Gone long GU with tight stop using M5 {image}
taken partial and locking in the remainder at b/e
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 30 KB
the cautious seldom err....C
  • #9,847
  • Mar 20, 2023 11:35am Mar 20, 2023 11:35am
waiting for this tf to show a short
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 32 KB
the cautious seldom err....C
  • #9,848
  • Mar 20, 2023 11:58am Mar 20, 2023 11:58am
Short on usd jpy i entered based on news sediment and previous price action risked in bfor trend line break becouse i jusg dont thin i t can turn bullish i did not however add a ful position at ond i ust went in about thigh deep if we up more ill waist deep then chest if it doesn't go my way by then ill reassess my play
  • #9,849
  • Mar 20, 2023 12:02pm Mar 20, 2023 12:02pm
no set up yet, so no trade, patience is required to avoid damages
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 27 KB
the cautious seldom err....C
  • #9,850
  • Mar 20, 2023 12:25pm Mar 20, 2023 12:25pm
another way you could take a short is when price gets rejected at the H1 34 ema which is also where a bearish candle showed the drop at/around the fib 61.8 level. The reason why I prefer to short is because the htf is showing a downtrend
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 28 KB
Click to Enlarge Name: USDJPYH1.png Size: 29 KB
the cautious seldom err....C
  • #9,851
  • Mar 20, 2023 1:41pm Mar 20, 2023 1:41pm
Quoting pips29
{quote} taken partial and locking in the remainder at b/e {image}
I manually closed the trade
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5a.png Size: 29 KB
the cautious seldom err....C
  • #9,852
  • Mar 20, 2023 1:44pm Mar 20, 2023 1:44pm
Quoting weeeeeeeepip
Short on usd jpy i entered based on news sediment and previous price action risked in bfor trend line break becouse i jusg dont thin i t can turn bullish i did not however add a ful position at ond i ust went in about thigh deep if we up more ill waist deep then chest if it doesn't go my way by then ill reassess my play
Please put up a chart so we know what you are talking about. A picture speaks 1000 words
the cautious seldom err....C
  • #9,853
  • Mar 20, 2023 1:47pm Mar 20, 2023 1:47pm
I am still waiting for the cci to confirm my entry short, so no entry yet as you can see
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15a.png Size: 32 KB
the cautious seldom err....C
  • #9,854
  • Mar 20, 2023 1:52pm Mar 20, 2023 1:52pm
I have drawn 2 levels on the daily where I will be targeting
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 30 KB
the cautious seldom err....C
  • #9,855
  • Mar 20, 2023 2:04pm Mar 20, 2023 2:04pm
I am short now and leaving room to add should price retraces up
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15b.png Size: 32 KB
the cautious seldom err....C
  • #9,856
  • Mar 20, 2023 5:10pm Mar 20, 2023 5:10pm
Quoting pips29
I am short now and leaving room to add should price retraces up {image}
I did add and taken some off for some profit. Initial entry is still intact..I have bad feed on M15 and above, that's why I am posting the 5 minute chart
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 26 KB
the cautious seldom err....C
  • #9,857
  • Edited Mar 21, 2023 4:01am Mar 20, 2023 5:15pm | Edited Mar 21, 2023 4:01am
here's the M15 chart. the candles are not printing and it's stuck at 132.17 wheres price is actually at 131.36
EDit: did not work out -78
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 27 KB
the cautious seldom err....C
  • #9,858
  • Mar 22, 2023 12:34pm Mar 22, 2023 12:34pm
Hello my friend pips29

I have a question for you, what is the best time to trade this strategy london or NY ?
  • #9,859
  • Mar 22, 2023 1:39pm Mar 22, 2023 1:39pm
Hi!sicario
It's hard to make a comparison as it also depends on the pair you trade but when both Lon. and NY are in session it is often the best time to trade as it's very active and there's lot of liquidity. I hardly trade LO fyi,, that's just me
the cautious seldom err....C
  • #9,860
  • Mar 22, 2023 3:26pm Mar 22, 2023 3:26pm
Quoting pips29
Hi!sicario It's hard to make a comparison as it also depends on the pair you trade but when both Lon. and NY are in session it is often the best time to trade as it's very active and there's lot of liquidity. I hardly trade LO fyi,, that's just me
Thank you pips29
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