A very simple system - trade with arrow | Page 565 | Forex Factory

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A very simple system - trade with arrow

  • #11,281
  • Jun 18, 2024 10:08am Jun 18, 2024 10:08am
made a mistake with the loonie as I went long with 3 entries and not realising I did that. I left the house soon after and only realised the mistake when I return home 20 minutes later and wow! was I surprised to find 3 entries at the same price with 10 pips profit each. The mistake proved to be quite profitable
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the cautious seldom err....C
  • #11,282
  • Edited 5:16pm Jun 18, 2024 12:03pm | Edited 5:16pm
I am presently short EY after making some gains on a long earlier. This is the only trade I have on-going
EDit: position was closed at b/e several hours earlier
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the cautious seldom err....C
  • #11,283
  • Jun 18, 2024 5:39pm Jun 18, 2024 5:39pm
Quoting pips29
I am presently short EY after making some gains on a long earlier. This is the only trade I have on-going EDit: position was closed at b/e several hours earlier {image}
hi Pips29, i read first 15 pages of this thread. its almost 500+ pages. may i know how you determined trend for m5 trading please?
  • #11,284
  • Jun 19, 2024 2:55am Jun 19, 2024 2:55am
Quoting BDfx77
{quote} hi Pips29, i read first 15 pages of this thread. its almost 500+ pages. may i know how you determined trend for m5 trading please?
You need to put in the 8ema and the 34 ema. Trade away from both emas' and enter short when the 8ema is below the 34 ema and vice versa. You must also see where price is in relation to its location whether it's at or near an area of rejection. A bit of knowledge on candlesticks and patterns is also handy and most importantly use your eyes and brain. Good trading ahead
the cautious seldom err....C
  • #11,285
  • Jun 19, 2024 3:17am Jun 19, 2024 3:17am
first trade of the morning
Short UCad
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the cautious seldom err....C
  • #11,286
  • Jun 19, 2024 5:11am Jun 19, 2024 5:11am
In case somebody need woodies cci for cTrader, here is link where you can download it for free https://clickalgo.com/woodies-cci
  • #11,287
  • Jun 19, 2024 5:22am Jun 19, 2024 5:22am
Quoting AndryLV1984
In case somebody need woodies cci for cTrader, here is link where you can download it for free https://clickalgo.com/woodies-cci
Thank you AndryLV, I guess you can see I'm struggling with getting the indicator on the chart. As a result I am going to use only the 50cci with the zero level. Short when it's below 0 and long when above Btw I have changed the 10 ema for the 8 ema (fibo nos)
the cautious seldom err....C
  • #11,288
  • Jun 19, 2024 5:30am Jun 19, 2024 5:30am
This is my 2nd trade of the morning ,as soon as I entered price reversed and put in a dd. The stop of 20 pips did the trick and it's now at 16 pips..I will tighten the stop whenever I can. The chart below is EY...The bad thing with this platform is it does not have a colour when it's selected. I often do not know which chart I am looking at. It would be nice if there is a way to highlight it
EDit: all these platforms like match trade and ctrader are below par. I can't get to my charts now..damn! I was using MT5 and they changed the platforms
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the cautious seldom err....C
  • #11,289
  • Jun 19, 2024 5:42am Jun 19, 2024 5:42am
I had to log out and log back in to get to my charts..real nuisance with these platforms
the cautious seldom err....C
  • #11,290
  • Jun 19, 2024 5:46am Jun 19, 2024 5:46am
Quoting pips29
I had to log out and log back in to get to my charts..real nuisance with these platforms
which platform are you using?
  • #11,291
  • Jun 19, 2024 5:57am Jun 19, 2024 5:57am
Quoting lynnc
{quote}which platform are you using?
match trade and ctrader
the cautious seldom err....C
  • #11,292
  • Jun 19, 2024 5:59am Jun 19, 2024 5:59am
Quoting pips29
This is my 2nd trade of the morning ,as soon as I entered price reversed and put in a dd. The stop of 20 pips did the trick and it's now at 16 pips..I will tighten the stop whenever I can. The chart below is EY...The bad thing with this platform is it does not have a colour when it's selected. I often do not know which chart I am looking at. It would be nice if there is a way to highlight it EDit: all these platforms like match trade and ctrader are below par. I can't get to my charts now..damn! I was using MT5 and they changed the platforms {image}...
taken 1/4 out for some profit for the day and stop moved to -4
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the cautious seldom err....C
  • #11,293
  • Jun 19, 2024 6:05am Jun 19, 2024 6:05am
Quoting pips29
{quote} Thank you AndryLV, I guess you can see I'm struggling with getting the indicator on the chart. As a result I am going to use only the 50cci with the zero level. Short when it's below 0 and long when above Btw I have changed the 10 ema for the 8 ema (fibo nos)
You just need to click twice on downloaded file and it will automatically install in cTrader.
  • #11,294
  • Jun 19, 2024 6:12am Jun 19, 2024 6:12am
this is match trade
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the cautious seldom err....C
  • #11,295
  • Jun 19, 2024 6:21am Jun 19, 2024 6:21am
Quoting AndryLV1984
{quote} You just need to click twice on downloaded file and it will automatically install in cTrader.
thanks Andry, I will just use cci 50...both the loonie and EY have b/e stops now
the cautious seldom err....C
  • #11,296
  • Jun 19, 2024 6:27am Jun 19, 2024 6:27am
Quoting pips29
{quote} match trade and ctrader
Ah ok
  • #11,297
  • Jun 19, 2024 6:44am Jun 19, 2024 6:44am
I am also using this platform and I don't seem to be able to plot horizontal lines..I reckon futures is not for me, anyway let's see
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the cautious seldom err....C
  • #11,298
  • Jun 19, 2024 9:46am Jun 19, 2024 9:46am
Quoting pips29
first trade of the morning Short UCad {image}
I had taken 2/3 out of the initial entry and also taken some out of an added entry..what a match if you are watching the euros
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the cautious seldom err....C
  • #11,299
  • Jun 19, 2024 11:01am Jun 19, 2024 11:01am
was forced out of trades
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the cautious seldom err....C
  • #11,300
  • Edited 1:24pm Jun 19, 2024 11:04am | Edited 1:24pm
EU
trying a long here
EDit: trade closed -5
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the cautious seldom err....C
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