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A very simple system - trade with arrow

  • #11,981
  • Feb 10, 2025 5:49pm Feb 10, 2025 5:49pm
Quoting pips29
{quote} the dragon is not lloking good for me. I had already scaled out 40% with a loss though my stop is still intact. I shorted both cable and the euro after this. Both are protected at b/e with some taken off from cable for some profit {image} {image}
taken partial and stop moved to b/e
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 31 KB
the cautious seldom err....C
  • #11,982
  • Feb 10, 2025 6:14pm Feb 10, 2025 6:14pm
Quoting pips29
{quote} taken partial and stop moved to b/e {image}
closing the trade just ahead of tp. A cut loss earlier is fully recovered with profits as well
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 31 KB
the cautious seldom err....C
  • #11,983
  • Feb 10, 2025 7:24pm Feb 10, 2025 7:24pm
gone long UY with tight stop
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 27 KB
the cautious seldom err....C
  • #11,984
  • Feb 10, 2025 8:01pm Feb 10, 2025 8:01pm
going to bed and leaving these trades for target hopefully, trades are protected anyway with profits taken
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 27 KB
Click to Enlarge Name: GBPUSDM5.png Size: 32 KB
the cautious seldom err....C
  • #11,985
  • Feb 11, 2025 5:00am Feb 11, 2025 5:00am
Quoting pips29
gone long UY with tight stop {image}
stopped out -10. I re entered just a few minutes ago when I turn on my laptop. Just to say you could have entered much earlier but I was still asleep
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 28 KB
the cautious seldom err....C
  • #11,986
  • Feb 11, 2025 5:04am Feb 11, 2025 5:04am
Cable target achieved and b/e stop for EU
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 32 KB
the cautious seldom err....C
  • #11,987
  • Feb 11, 2025 5:18am Feb 11, 2025 5:18am
Quoting pips29
{quote} stopped out -10. I re entered just a few minutes ago when I turn on my laptop. Just to say you could have entered much earlier but I was still asleep {image}
my target as seen on H4 but I will take partial along the way to re-coup earlier loss partially or fully
EDit: partial taken and stop moved to b/e, as trade is safe I will be looking for another trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 31 KB
Click to Enlarge Name: USDJPYM5.png Size: 37 KB
the cautious seldom err....C
  • #11,988
  • Feb 11, 2025 5:33am Feb 11, 2025 5:33am
It's strange to see the swissy and EU moving in the same direction, one has to fall sooner or later
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 32 KB
Click to Enlarge Name: USDCHFM5.png Size: 26 KB
the cautious seldom err....C
  • #11,989
  • Feb 11, 2025 5:49am Feb 11, 2025 5:49am
I have set the stop at this level that should it get hit I will come out with enough profit to fully cover the loss earlier of 10 pips
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 33 KB
the cautious seldom err....C
  • #11,990
  • Feb 11, 2025 5:58am Feb 11, 2025 5:58am
looking at these pairs on H4 which pair is better to short?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 36 KB
Click to Enlarge Name: USDCHFH4.png Size: 31 KB
the cautious seldom err....C
  • #11,991
  • Feb 11, 2025 6:35am Feb 11, 2025 6:35am
Quoting pips29
{quote} hopefully to my target for this trade {image}
haha, I think you hit the TP by pure luck
Fail? retry...Success? retry
  • #11,992
  • Feb 11, 2025 6:49am Feb 11, 2025 6:49am
Quoting ipop99
{quote} haha, I think you hit the TP by pure luck
not luck, you have to use this
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2025-02-11 124801.png Size: 17 KB
the cautious seldom err....C
  • #11,993
  • Feb 11, 2025 7:23am Feb 11, 2025 7:23am
Quoting pips29
{quote} not luck, you have to use this {image}
I prefer stars, same accuracy
Fail? retry...Success? retry
  • #11,994
  • Feb 11, 2025 7:42am Feb 11, 2025 7:42am
putting in a sell stop for EU as I have to lease aside my laptop for a shortwhile
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 25 KB
the cautious seldom err....C
  • #11,995
  • Feb 11, 2025 7:44am Feb 11, 2025 7:44am
I'm closing UY now
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 26 KB
the cautious seldom err....C
  • #11,996
  • Edited 10:09am Feb 12, 2025 9:43am | Edited 10:09am
gone long EU and taken partial, the move was quick and I did not have time to post. There was another long I took before bed and it was closed
EDit:stopped out at be
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 25 KB
the cautious seldom err....C
  • #11,997
  • Feb 12, 2025 10:11am Feb 12, 2025 10:11am
short UCad
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM5.png Size: 27 KB
the cautious seldom err....C
  • #11,998
  • Edited 11:49am Feb 12, 2025 11:02am | Edited 11:49am
Quoting pips29
short UCad {image}
I added an entry when price retraced to the 34 ema and have now fully checked out of the trade with 1/4 left of the initial position to aim for target.The stop is at b/e, totally risk free with handsome pips in the bag
EDit:tp done
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADM5.png Size: 35 KB
Click to Enlarge Name: USDCADH4.png Size: 35 KB
the cautious seldom err....C
  • #11,999
  • Feb 12, 2025 11:39am Feb 12, 2025 11:39am
I don't normally use a TL to determine my entry but this pair was trading way above the adr as well as R3. A bit of retracement is expected and so I took the short
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 25 KB
the cautious seldom err....C
  • #12,000
  • Feb 12, 2025 12:02pm Feb 12, 2025 12:02pm
taken 25% off for some profit and moving the target lower. I will take another portion out where my initial tp was. Stop is secured at b/e...stress free
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 25 KB
the cautious seldom err....C
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