A very simple system - trade with arrow

some of you know I sometimes trade the golden fib ratio of 78.6, When the candle broke the 61.8 and followed with a confirmation candle I knew this was going lower and hence it added my bullish bias on EU. I don't know if it's worth going long at the 78.6 level as I have EU with much higher levels..will consider once again later

i see weekly has potential to go toward 1.74 but will crawl slowly based on daily chart.

Hi Razor, yes, there's potential going higher in my books too

I do have GCad on another platform

cable trade on M5

EU
I have to do recovery trade but was not quite successful but p.a is helping me and I will be +ve if I take the entry out now but I am not going to do that

I took 30% out at a small loss but I am now green nett with some left at b/e, so I'm in a +ve position.These are the only trades left with a GCad long on another platform,shutting down, bbl

Had I not moved the target I would have been out of the trade earlier. I closed the trade manually at a higher price as I was getting ready to buy dinner

I took 2 entries short just before the changeover thinking it's Thursday . The swap fee is crazy

As experienced traders may already know, every Wednesday brings a unique scenario where positions held overnight will be subject to a 3-day swap instead of the usual overnight rollover. This means that any trades opened on Wednesday and held through Thursday will incur additional swap fees (3 times higher than usual).
To avoid any surprises or unexpected costs, we strongly advise all our valued traders to review their open positions and take necessary actions ahead of this weekly occurrence.
Here are some key points to keep in mind:
The 3-Day Swap specifically affects positions held from Wednesday to Thursday.
It is crucial to factor in this extended period when calculating potential costs or gains.


I have taken 50% off the 1st entry. This covers the swap fees for both entries plus some extra to fill the money bag

a set up showed up and I rode it down to the fib 78.6

first trade of the morning on M15...trade is still ongoing

I have just started an account using MT5 . Just a snapshot of a cable trade from yesterday taken on M15

and another M15 EY trade

This was a loss.Trading towards the pivot tends to be troublesome for me

a trade short would have been a very good short, applying some price action like LH and a set up of the 10/34 ema below the DP will have brought in some X'mas presents, very elementary work, don't you think so?

It's nearing the festive season and liquidity will be lower and therefore easier for big boys to manipulate the market, so expect some rather big spikes as well as big dips. Be prepared to receive presents rather than giving donations to the big boys

Fellow traders, to avoid leading you to a loss I have decided not to reveal the TE but only to do so after the trade is done and dusted perhaps at the end of day or after I'm done with trading for the day. I have seen on the cable trade when a trade is posted live others might follow and the poster will be blamed when the trade goes wrong. It's 100% my trade and I take the loss like a gentleman

I am looking at a long here but will only enter when price can close above the dp and current high
EDit: gone long with 1/2 size
EDit: stopped out at b/e

It's almost impossible for me to make decent pips today. I took 3 trades and here are 2 of them, EU is still ongoing at time of posting

can someone help me with the adr indicator. I want one as shown on the MT4 in MT5 format. The one on my chart seems to be moving giving me false info
The 2nd chart is MT5