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A very simple system - trade with arrow

  • #11,521
  • Edited 8:47am Sep 10, 2024 7:59am | Edited 8:47am
BE & closed half, left other running either to Pivot S1 or H4 support
*adjust the stop to +6 and set TP at S1 after break the PDL
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 10 KB
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  • #11,522
  • Sep 10, 2024 8:02am Sep 10, 2024 8:02am
Hope bro pips29 still killing as always
Do it like a Fool
  • #11,523
  • Sep 10, 2024 8:26am Sep 10, 2024 8:26am
Quoting Foolsgame
Hope bro pips29 still killing as always
Long time no see. I am in London now, came to collect my passport
the cautious seldom err....C
  • #11,524
  • Sep 10, 2024 8:34am Sep 10, 2024 8:34am
Quoting pips29
{quote} Long time no see. I am in London now, came to collect my passport
yea man. stop trading for quite a while.come back as a hobby trader now
Do it like a Fool
  • #11,525
  • Sep 10, 2024 8:45am Sep 10, 2024 8:45am
was thinking to ride this shark downwards by the retracement break in M5 and line chart in H4. Decide to close with -4 after so much rejection candle. H4 candle also seems like a big support area... its almost 10pm for me. Ciao guys and ill be back soon.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 10 KB
Click to Enlarge Name: EURUSDH42.png Size: 11 KB
Click to Enlarge Name: EURUSDM5.png Size: 22 KB
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  • #11,526
  • Sep 11, 2024 3:28am Sep 11, 2024 3:28am
Quoting Foolsgame
was thinking to ride this shark downwards by the retracement break in M5 and line chart in H4. Decide to close with -4 after so much rejection candle. H4 candle also seems like a big support area... its almost 10pm for me. Ciao guys and ill be back soon. {image} {image} {image}
Yesterday I went long using the daily chart and taken partial yesterday and just now
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.rDaily.png Size: 33 KB
the cautious seldom err....C
  • #11,527
  • Sep 11, 2024 4:30am Sep 11, 2024 4:30am
Quoting pips29
{quote} Yesterday I went long using the daily chart and taken partial yesterday and just now {image}
nice one, it also hit 200 ema in H4
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  • #11,528
  • Edited 6:57am Sep 11, 2024 4:45am | Edited 6:57am
Quoting Foolsgame
{quote} nice one, it also hit 200 ema in H4
yes the 200 ema approximates the daily 34 ema. I have just gone short UY on M5
EDit: stopped out
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.rM5.png Size: 29 KB
the cautious seldom err....C
  • #11,529
  • Sep 11, 2024 8:58am Sep 11, 2024 8:58am
selling after break and BE at +5 as near Adr. it hit my BE just for minutes
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 23 KB
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  • #11,530
  • Sep 11, 2024 11:21am Sep 11, 2024 11:21am
I went in with 2 entries long at/near the 34 ema
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.rDaily.png Size: 37 KB
the cautious seldom err....C
  • #11,531
  • Sep 11, 2024 11:23am Sep 11, 2024 11:23am
took a long on M1
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY.rM1.png Size: 29 KB
the cautious seldom err....C
  • #11,532
  • Sep 11, 2024 12:12pm Sep 11, 2024 12:12pm
target hit
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY.rM1.png Size: 29 KB
the cautious seldom err....C
  • #11,533
  • Sep 11, 2024 12:17pm Sep 11, 2024 12:17pm
took a small loss here
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.rM1.png Size: 30 KB
the cautious seldom err....C
  • #11,534
  • Sep 11, 2024 12:56pm Sep 11, 2024 12:56pm
also a M1 trade
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.rM1.png Size: 32 KB
the cautious seldom err....C
  • #11,535
  • Edited 1:35pm Sep 11, 2024 1:00pm | Edited 1:35pm
Quoting pips29
took a small loss here {image}
giving it another go with 3 pips stop
EDit: darn another -3 pips
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.rM1.png Size: 31 KB
the cautious seldom err....C
  • #11,536
  • Sep 11, 2024 1:08pm Sep 11, 2024 1:08pm
@pips29, you're using 2 CCIs: what configuration?
Fail? retry...Success? retry
  • #11,537
  • Sep 11, 2024 1:34pm Sep 11, 2024 1:34pm
Quoting ipop99
@pips29, you're using 2 CCIs: what configuration?
ipop it's 50 and 14
the cautious seldom err....C
  • #11,538
  • Sep 11, 2024 1:38pm Sep 11, 2024 1:38pm
will probably close the trade before the changeover to avoid triple swap, the same goes with the loonie
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.rDaily.png Size: 37 KB
the cautious seldom err....C
  • #11,539
  • Sep 11, 2024 4:35pm Sep 11, 2024 4:35pm
The initi rules say to identify the lewding trend, which is H4, so for buy: 10 above 34 in H4.

If trading the M5, check the PA on 15 and 60 so we trade in the same direction. But I have a lot of cases when trying to find an entry on M5, when PA is above ema 34 for all TF, but the EMAs are not pointing in the same direction. Is it fine?

I mean PA is running away from all EMAs, but they didn’t yet cross each other and fan out nicely
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  • #11,540
  • Sep 11, 2024 5:15pm Sep 11, 2024 5:15pm
Quoting ipop99
The initi rules say to identify the lewding trend, which is H4, so for buy: 10 above 34 in H4. If trading the M5, check the PA on 15 and 60 so we trade in the same direction. But I have a lot of cases when trying to find an entry on M5, when PA is above ema 34 for all TF, but the EMAs are not pointing in the same direction. Is it fine? I mean PA is running away from all EMAs, but they didn’t yet cross each other and fan out nicely
I don't quite understand what you are asking. Can you post charts to explain what you mean
the cautious seldom err....C
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