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A very simple system - trade with arrow

  • #10,681
  • Sep 14, 2023 9:20am Sep 14, 2023 9:20am
I have these levels plotted on my charts recently and might go "countertrend"
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDxDaily.png Size: 39 KB
Click to Enlarge Name: GBPUSDxDaily.png Size: 36 KB
the cautious seldom err....C
  • #10,682
  • Sep 14, 2023 9:53am Sep 14, 2023 9:53am
I'm in for a 2nd round on AU, taken partial and stop moved to +2. Target is the same as previously
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDxM5.png Size: 40 KB
the cautious seldom err....C
  • #10,683
  • Sep 14, 2023 10:01am Sep 14, 2023 10:01am
short gold. I did that earlier but couldn't bring in big pips, hence 2nd round
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDxH1.png Size: 37 KB
the cautious seldom err....C
  • #10,684
  • Sep 14, 2023 10:05am Sep 14, 2023 10:05am
I failed miserably with the M1 chart on the dax and have now resorted to using M5 on the Nas
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100M5.png Size: 38 KB
the cautious seldom err....C
  • #10,685
  • Sep 14, 2023 12:30pm Sep 14, 2023 12:30pm
Quoting pips29
I have these levels plotted on my charts recently and might go "countertrend" {image} {image}
gone long with reduced lots
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDxDaily.png Size: 37 KB
Click to Enlarge Name: GBPUSDxDaily.png Size: 37 KB
Click to Enlarge Name: EURUSDxM15.png Size: 33 KB
Click to Enlarge Name: GBPUSDxM15.png Size: 37 KB
the cautious seldom err....C
  • #10,686
  • Sep 14, 2023 5:32pm Sep 14, 2023 5:32pm
Quoting pips29
short gold. I did that earlier but couldn't bring in big pips, hence 2nd round {image}
I went in again and again and again short and came out profitable
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDxH1.png Size: 37 KB
the cautious seldom err....C
  • #10,687
  • Sep 14, 2023 5:36pm Sep 14, 2023 5:36pm
Quoting pips29
I failed miserably with the M1 chart on the dax and have now resorted to using M5 on the Nas {image}
I did ok using M5 and will be using this tf going forward
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100M5.png Size: 38 KB
the cautious seldom err....C
  • #10,688
  • Sep 15, 2023 2:48am Sep 15, 2023 2:48am
Gap filled, what's next?
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYxH4.png Size: 34 KB
the cautious seldom err....C
  • #10,689
  • Sep 15, 2023 2:52am Sep 15, 2023 2:52am
Quoting pips29
{quote} gone long with reduced lots {image} {image} {image} {image}
taken partial on both, M15 looking good but M30/H1 not quite there yet
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDxM15.png Size: 32 KB
Click to Enlarge Name: GBPUSDxM15.png Size: 36 KB
the cautious seldom err....C
  • #10,690
  • Sep 15, 2023 2:57am Sep 15, 2023 2:57am
Quoting pips29
{quote} taken partial on both, M15 looking good but M30/H1 not quite there yet {image} {image}
Nicely done on picking the bottom
  • #10,691
  • Sep 15, 2023 4:16am Sep 15, 2023 4:16am
1st trade of the morning and it's long US30
Attached Image (click to enlarge)
Click to Enlarge Name: US30M5.png Size: 36 KB
the cautious seldom err....C
  • #10,692
  • Edited 5:46am Sep 15, 2023 4:18am | Edited 5:46am
Quoting lynnc
{quote}Nicely done on picking the bottom
it's working out so far, targets not reached yet, for those wondering where my targets are, they are set just below the 50% fib. retracement
EDit: closed the remainder of cable ,target was missed by 2 pips earlier
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDxH1.png Size: 37 KB
Click to Enlarge Name: GBPUSDxH1.png Size: 41 KB
the cautious seldom err....C
  • #10,693
  • Sep 15, 2023 5:55am Sep 15, 2023 5:55am
M5 printed an arrow down and pa turning bearish led me to close the trade.It's Friday and I have to make decisions quick
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDxM5.png Size: 37 KB
the cautious seldom err....C
  • #10,694
  • Sep 15, 2023 5:58am Sep 15, 2023 5:58am
I have just done the same for EU, only trade left is the long on US30
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDxM5.png Size: 32 KB
the cautious seldom err....C
  • #10,695
  • Sep 15, 2023 6:05am Sep 15, 2023 6:05am
Quoting pips29
M5 printed an arrow down and pa turning bearish led me to close the trade.It's Friday and I have to make decisions quick {image}
I think that was a good decision.
  • #10,696
  • Sep 15, 2023 6:18am Sep 15, 2023 6:18am
Quoting lynnc
{quote}I think that was a good decision.
Hope you are right, anyway ,I have to go out now, bbl
the cautious seldom err....C
  • #10,697
  • Sep 15, 2023 7:44am Sep 15, 2023 7:44am
Quoting lynnc
{quote}I think that was a good decision.
I'll amend that to Excellent decision
  • #10,698
  • Sep 15, 2023 8:56am Sep 15, 2023 8:56am
Quoting pips29
1st trade of the morning and it's long US30 {image}
I took a loss again on indices. Will refrain from trading indices during London session
the cautious seldom err....C
  • #10,699
  • Sep 15, 2023 8:57am Sep 15, 2023 8:57am
just taken
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADxM5.png Size: 33 KB
the cautious seldom err....C
  • #10,700
  • Sep 15, 2023 8:58am Sep 15, 2023 8:58am
Quoting lynnc
{quote}I'll amend that to Excellent decision
yeah, a few pennies saved
the cautious seldom err....C
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