A very simple system - trade with arrow | Page 543 | Forex Factory

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A very simple system - trade with arrow

  • #10,841
  • Nov 28, 2023 3:07am Nov 28, 2023 3:07am
and finally long AU, emergency stop just below dp, won't let price get there before I cut loss should trade turn bad
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDxM5.png Size: 39 KB
the cautious seldom err....C
  • #10,842
  • Nov 28, 2023 3:10am Nov 28, 2023 3:10am
tightening the stop
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFxM5a.png Size: 38 KB
the cautious seldom err....C
  • #10,843
  • Nov 28, 2023 4:33am Nov 28, 2023 4:33am
Quoting pips29
tightening the stop {image}
I was away from my laptop for an hour and this pair was stopped out
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFxM5.png Size: 37 KB
the cautious seldom err....C
  • #10,844
  • Nov 28, 2023 5:59am Nov 28, 2023 5:59am
taken 45% out, stop+1
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDxM5.png Size: 38 KB
the cautious seldom err....C
  • #10,845
  • Nov 28, 2023 7:58am Nov 28, 2023 7:58am
Quoting pips29
taken 45% out, stop+1 {image}
A friend of mine unexpectedly turned up at my doorstep and we spent an hour and half just chatting. I had my laptop shut down during that time. I have just log on and Ilike what has happened
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDxM5.png Size: 30 KB
the cautious seldom err....C
  • #10,846
  • Nov 28, 2023 8:03am Nov 28, 2023 8:03am
taking out another piece when I log on just minutes ago, stop is at +7
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDxM5.png Size: 40 KB
the cautious seldom err....C
  • #10,847
  • Nov 28, 2023 8:15am Nov 28, 2023 8:15am
Quoting pips29
I plotted some levels on the charts below. Daily levels and H4 levels in blue. The week and day closed with bullish candles on both but as I'm not trading for the longer term both the H4 and Daily charts are more than enough for me to make decisions on exit and target. I rely more on H1 to time my entry on M5 but the H4 and Daily tell me the direction of my entry but entry is on M5 with smaller stop. This is what I'm seeing on EU and GU atm. Until I see otherwise my bias is long {image} {image}
These levels are still working I traded EU but not GU, what you see on the chart was a trade done yesterday on GU
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDxDaily.png Size: 35 KB
Click to Enlarge Name: GBPUSDxDaily.png Size: 35 KB
the cautious seldom err....C
  • #10,848
  • Edited 11:44am Nov 28, 2023 8:27am | Edited 11:44am
taken another piece out at the top of the adr and stop moved to +20. My target is much higher than the limit of the adr. The only thing I will do now is just moving the stop higher whenever I can
EDit: stop at +30
EDit: +ve stop hit
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDxM5.png Size: 41 KB
Click to Enlarge Name: AUDUSDxH4.png Size: 45 KB
the cautious seldom err....C
  • #10,849
  • Edited 2:32pm Nov 28, 2023 11:54am | Edited 2:32pm
as I have not traded cable this morning/afternoon I had to do it,otherwise I cannot forgive myself..took an entry in the late evening and taken 30% out to add to my money bag. I have put the trade at b/e and will be shutting down the laptop and come back in an hour or more as I need to have my entertainment by watching the big screen, bbl
EDit: b/e stop hit
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDxM5.png Size: 38 KB
the cautious seldom err....C
  • #10,850
  • Nov 28, 2023 3:16pm Nov 28, 2023 3:16pm
gone long AU
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDxDaily.png Size: 36 KB
the cautious seldom err....C
  • #10,851
  • Nov 28, 2023 3:22pm Nov 28, 2023 3:22pm
long GCad
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADxDaily.png Size: 35 KB
the cautious seldom err....C
  • #10,852
  • Nov 29, 2023 2:51am Nov 29, 2023 2:51am
Quoting pips29
gone long AU {image}
Although this trade did not go my way, I ended up with a small win, I stayed up longer just to trade the cpi data
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDxM5.png Size: 40 KB
the cautious seldom err....C
  • #10,853
  • Nov 29, 2023 2:56am Nov 29, 2023 2:56am
Quoting pips29
long GCad {image}
I added an entry when price bounced from H1 34 ema. I have taken out this entry for some profit
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADxH1.png Size: 37 KB
the cautious seldom err....C
  • #10,854
  • Nov 29, 2023 3:02am Nov 29, 2023 3:02am
this was taken this morning when price came down to the 34 ema on H1. I believe the current weakness will soon pass. Presently I have only this trade and GCad
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDxH1.png Size: 36 KB
the cautious seldom err....C
  • #10,855
  • Nov 29, 2023 4:01am Nov 29, 2023 4:01am
Just taken, long EU a few minutes before the close
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDxH1.png Size: 37 KB
the cautious seldom err....C
  • #10,856
  • Nov 29, 2023 5:02am Nov 29, 2023 5:02am
Quoting pips29
{quote} I added an entry when price bounced from H1 34 ema. I have taken out this entry for some profit {image}
and once again I added another long at/close to the 34 ema and taken 80% off to fill my money bag
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADxH1.png Size: 38 KB
the cautious seldom err....C
  • #10,857
  • Nov 29, 2023 6:45am Nov 29, 2023 6:45am
Quoting pips29
Just taken, long EU a few minutes before the close {image}
Traders following this thread will know I remove my stops when HIN is about to be released. I did that and later put in a slightly wider stop which worked, lucky? perhaps
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDxH1.png Size: 37 KB
the cautious seldom err....C
  • #10,858
  • Edited 7:13am Nov 29, 2023 6:48am | Edited 7:13am
I have locked in some pips and moving the stop to +2
EDit: stopped out, no harm done
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDxH1.png Size: 36 KB
the cautious seldom err....C
  • #10,859
  • Edited 7:12am Nov 29, 2023 6:50am | Edited 7:12am
I did well with GCad and this trade taken last night is now secured.
EDit: stopped out, no harm done
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADxH1.png Size: 37 KB
the cautious seldom err....C
  • #10,860
  • Nov 29, 2023 6:59am Nov 29, 2023 6:59am
this target is still doable imo
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADxDaily.png Size: 36 KB
the cautious seldom err....C
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