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A very simple system - trade with arrow

  • #11,781
  • Oct 23, 2024 8:25am Oct 23, 2024 8:25am
gone short on EU. a bit of risk but i take it. my first and last trade of the day.
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Do it like a Fool
  • #11,782
  • Oct 23, 2024 8:39am Oct 23, 2024 8:39am
Quoting Foolsgame
je suis à court d'actions sur l'UE. C'est un peu risqué mais je le prends. Ma première et dernière transaction de la journée. {image}
for me, Target 1.7930
  • #11,783
  • Oct 23, 2024 9:43am Oct 23, 2024 9:43am
Short cable.
This is an evaluation acc
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the cautious seldom err....C
  • #11,784
  • Oct 23, 2024 9:48am Oct 23, 2024 9:48am
Presently I am in Guilin. Took a train from Guangzhou this morning. will be here for the next few days
the cautious seldom err....C
  • #11,785
  • Oct 23, 2024 10:02am Oct 23, 2024 10:02am
I am having connectivity issues and I will likely stop trading until I am back in the UK or if I am in HK. Might have a change of plan and visit Taipeh before returning to the UK
the cautious seldom err....C
  • #11,786
  • Oct 24, 2024 9:20am Oct 24, 2024 9:20am
Short AY
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the cautious seldom err....C
  • #11,787
  • Oct 24, 2024 9:45am Oct 24, 2024 9:45am
Taken 1/2 out and also moving the target lower. Stop is at be
Edit: target hit
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the cautious seldom err....C
  • #11,788
  • Oct 25, 2024 5:44am Oct 25, 2024 5:44am
Taken 2 trades: short UY & Long EU
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the cautious seldom err....C
  • #11,789
  • Oct 25, 2024 8:18am Oct 25, 2024 8:18am
I had closed UY for some profit before I went out for my dinner just to reduce exposure as I have no means to monitor my trade on the mobile outside of the hotel I am staying. Since returning to the hotel, I took partial pfrofit on EU and moved the stop to b/e I am able to use the laptop to post on FF but I can't post the trades. I am able to do so on the mobile. Getting log on to the platform is also very challenging,so I have to make sure my stop/limit are placed asap. I now have to use the mobile to post EU trade
the cautious seldom err....C
  • #11,790
  • Oct 25, 2024 8:25am Oct 25, 2024 8:25am
Partial profit taken at the top of previous green candle
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the cautious seldom err....C
  • #11,791
  • Oct 26, 2024 11:44am Oct 26, 2024 11:44am
Quoting Foolsgame
short GU after retrace back get partial profit but stop out BE for other. might look for an reentry. {image}
Occasionally I encounter the situation where Pips29.ex4 does not work properly, especially during review, so I took the time to rewrite this indicator. It seems that very few values are different. I am not sure which program is the problem. Please help. Try it out to see if it can achieve the previous function
Attached File(s)
File Type: ex4 MTF-CCI.ex4   22 KB | 214 downloads
  • #11,792
  • Oct 27, 2024 5:19am Oct 27, 2024 5:19am
I just like to point out you only need these indicators as shown on the chart below to trade the method successfully. Anything more is just "make up" to make it looks credible. There are traders who have loads of "such things" to make it look as though their strategy is highly sophisticated and well thought out. As far as I am concerned the simplest strategy works best
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Click to Enlarge Name: GBPJPY.rM15.png Size: 28 KB
the cautious seldom err....C
  • #11,793
  • Oct 27, 2024 5:38am Oct 27, 2024 5:38am
Both EU and GU look like there's room to move down further
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the cautious seldom err....C
  • #11,794
  • Edited 8:52pm Oct 27, 2024 10:44am | Edited 8:52pm
Quoting pips29
I just like to point out you only need these indicators as shown on the chart below to trade the method successfully. Anything more is just "make up" to make it looks credible. There are traders who have loads of "such things" to make it look as though their strategy is highly sophisticated and well thought out. As far as I am concerned the simplest strategy works best {image}
Friend, thanks for your reminder.
Actually, I'v been following u for a while. Indeed, you use very few indicators and it seems that you are doing very well in trading. What’s most shocking is that you can trade by just looking at a few indicators on your mobile. I am not a full-time trader. In fact i have a dream is to be able to trade with my mobile one day, without having to rely on a pc.
I tried to find your trading strategy from your profile but failed. I wonder if you mind sharing it with me.
  • #11,795
  • Oct 28, 2024 2:38am Oct 28, 2024 2:38am
Quoting sni
{quote} Friend, thanks for your reminder. Actually, I'v been following u for a while. Indeed, you use very few indicators and it seems that you are doing very well in trading. What’s most shocking is that you can trade by just looking at a few indicators on your mobile. I am not a full-time trader. In fact i have a dream is to be able to trade with my mobile one day, without having to rely on a pc. I tried to find your trading strategy from your profile but failed. I wonder if you mind sharing it with me.
In brief, if you trade a single tf you just have to make sure the direction you should be taking. If the 10 ema is below the 34 ema you should be looking at short and vice versa for long. For a start try to look for trades away from the DP (daily pivot). Before entering check the cci50 and the level it's at. If above 0 and you want to short it's better for to wait for it to fall back below 0 before you enter short (conservative). The aggresive entry is using the 100 level on the cci. Just be conservative and trade the 0 level, you will find out how to trade the 100 level over time but just not now when you are new/fairly new to the method. Below is a perfect example
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the cautious seldom err....C
  • #11,796
  • Oct 28, 2024 2:51am Oct 28, 2024 2:51am
continuing with UCad above if you use mtf analysis trading M15 will require you to have a look at H1 and H4 at the least. On these charts you will find the cci50 above 0 level and the 10ema is above the 34 ema which tell you that a long has a better chance of winning. It's all about putting odds in your favour when you enter. There's no 100% guarantee it will work out. Try it out and let me know
the cautious seldom err....C
  • #11,797
  • Oct 28, 2024 4:16am Oct 28, 2024 4:16am
Short GU on H4
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the cautious seldom err....C
  • #11,798
  • Oct 28, 2024 4:20am Oct 28, 2024 4:20am
I took a short earlier before the candle close and in dd atm
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the cautious seldom err....C
  • #11,799
  • Oct 28, 2024 4:25am Oct 28, 2024 4:25am
I have restricted access to the internet and so have to be extra careful. I can't access the platform on my laptop but just manage to on the mobile, barely.
the cautious seldom err....C
  • #11,800
  • Oct 28, 2024 4:32am Oct 28, 2024 4:32am
Will be taking partial profit now
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the cautious seldom err....C
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