A very simple system - trade with arrow | Page 613 | Forex Factory

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A very simple system - trade with arrow

  • #12,241
  • Aug 19, 2025 12:45am Aug 19, 2025 12:45am
Gone long both EU & EY
the cautious seldom err....C
  • #12,242
  • Aug 19, 2025 1:29am Aug 19, 2025 1:29am
made peanuts from EY long
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 32 KB
the cautious seldom err....C
  • #12,243
  • Aug 19, 2025 3:30am Aug 19, 2025 3:30am
Quoting pips29
Gone long both EU & EY
taken 30% off for some profits
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the cautious seldom err....C
  • #12,244
  • Aug 19, 2025 3:36am Aug 19, 2025 3:36am
re-entered hoping to get more than peanuts, 1/2 remaining
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 33 KB
the cautious seldom err....C
  • #12,245
  • Aug 19, 2025 6:34am Aug 19, 2025 6:34am
Quoting pips29
Big news coming up from the US. Hope to able to scale more out before the data. Presently I see S/R at the level I drawn and when price is able to take that level out my target should be reached. Btw I think some people will say there is a FVG and my target is at the higher end of the FVG. Lets see {image}
With reference to the chart above I have started selling the loonie with another pending sell where my original target was when long
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the cautious seldom err....C
  • #12,246
  • Aug 19, 2025 10:02am Aug 19, 2025 10:02am
Quoting pips29
I started buying ETH and also set a pending buy EDit: pending buy triggered {image}

OMG you traded M15 ETH. I am only shorting ETH and can't dare to trade M15.

Salute to your brain and eyes to catch a buy trade in this scary bearish trend.

Quoting pips29
and a long too on bitcoin. Both ETH and BTC trades are based on what is printed on H4 EDit:stop moved to b/e {image}
One day i will try to trade M15 and M5 like you. I will learn that too...
  • #12,247
  • Edited 7:58pm Aug 19, 2025 10:12am | Edited 7:58pm
Market doesn't look good to me, the chart suggests global recession is coming, every other currency is bearish on Monthly chart except Gold.
I am still shorting trades.

I am not shorting GOLD only, but I am long for all of my gold trades. I am lazy trader, i cut losing trades then hold profit trades for too long.

GBPUSD has a very strong bearish trend so i will BE old trades and opening new trades in trend then consolidate all profit at once.

Thank you Pips29 for this beautiful system you gave me.
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  • #12,248
  • Aug 21, 2025 3:39am Aug 21, 2025 3:39am
I am long cable this morning but it's frustrating so far
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 31 KB
the cautious seldom err....C
  • #12,249
  • Aug 21, 2025 4:13am Aug 21, 2025 4:13am
closing this trade as it seems to me that cable and the dragon cannot move together in the same direction today
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 31 KB
the cautious seldom err....C
  • #12,250
  • Aug 21, 2025 5:02am Aug 21, 2025 5:02am
Quoting pips29
I am long cable this morning but it's frustrating so far {image}
stopped out and all my gains from the dragon is given to cable
the cautious seldom err....C
  • #12,251
  • Aug 21, 2025 5:47am Aug 21, 2025 5:47am
Quoting pips29
I am long cable this morning but it's frustrating so far {image}
OMG!!!!!!!! I previously suggested GBPUSD is deadly bearish so i opened 1 position, then i updated with 1 more total 2.
But now I have gotten 4 opened positions.
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  • #12,252
  • Aug 21, 2025 5:48am Aug 21, 2025 5:48am
Quoting pips29
closing this trade as it seems to me that cable and the dragon cannot move together in the same direction today {image}
You did collected pips in Buy trade in M15, that's what i always fail to trade but you win.
  • #12,253
  • Aug 21, 2025 5:51am Aug 21, 2025 5:51am
Quoting pips29
{quote} stopped out and all my gains from the dragon is given to cable
I was shorting only ETU and Cable and AUD. Now i have collected profit ETU and increase my positions for Cables. you bought ETU and Cable, but i am following Pips29 method from old system, it works really great up until now. I am happy with this system, and it tells me when to enter and exit.
  • #12,254
  • Aug 21, 2025 6:02am Aug 21, 2025 6:02am
I opened AUDUSD Short position 2 days ago, but today I opened AUDNZD short to buy more peanuts.
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  • #12,255
  • Aug 21, 2025 6:13am Aug 21, 2025 6:13am
Quoting trader2022
{quote} OMG!!!!!!!! I previously suggested GBPUSD is deadly bearish so i opened 1 position, then i updated with 1 more total 2. But now I have gotten 4 opened positions. {image}
I don't know why you think cable is deadly bearish. Just take alook at the daily. To me it's just a retracement (small)
and the weekly still looks ok ,will know when tomorrow's trading candle closes
Attached Image(s) (click to enlarge)
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the cautious seldom err....C
  • #12,256
  • Aug 21, 2025 6:27am Aug 21, 2025 6:27am
Quoting trader2022
I opened AUDUSD Short position 2 days ago, but today I opened AUDNZD short to buy more peanuts. {image} {image}
Why do you trade this pair? It's so boring to watch. I mean AudNzd
the cautious seldom err....C
  • #12,257
  • Edited 10:52am Aug 21, 2025 8:06am | Edited 10:52am
Quoting pips29
{quote} I don't know why you think cable is deadly bearish. Just take alook at the daily. To me it's just a retracement (small) and the weekly still looks ok ,will know when tomorrow's trading candle closes {image} {image}
I follow your MT4 system chart for cable and other pairs. but this was your old system. I was using another of your system B2B something, that was profitable too but this one is more accurate so i am stick with your this method.
pips29:::: This is your system and i use as you gave me. There is an indicator suggest Weak and Streghtn currencies. GBP is 1.6 and EUR 0.3 in blue colors, this meant Very WEAK and bearish. JPY CHF in red, altough USD is in brown 5.3 but it used to be RED color. red means STRONG BUY, and Blue means WEAK SELL bearish.
I am attaching that indicator. Its yours you gave me to it and we used to trade together with MT4. I stopped coming to forum and focus more on trading only.
Attached Image (click to enlarge)
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Attached File(s)
File Type: mq4 CurrencyStrengthAlerts.mq4   28 KB | 92 downloads
  • #12,258
  • Edited 10:47am Aug 21, 2025 8:18am | Edited 10:47am
Quoting pips29
{quote} Why do you trade this pair? It's so boring to watch. I mean AudNzd
Exactly they both are boring AUDUSD (Large cycle sideways) and AUDNZD (always sideways).

I open large trades with this pair and pickup $1000 minimum each trade. With your system i can see when to exit and when to enter. so if you trade 10 trades a month so still can buy monthly peanuts from AUDUSD and AUDNZD.

I've invested heavily in XAUUSD and expecting 10,000 or later 100,000 just like Bitcoin. (All central banks are buying GOLD and promoting Bitcoin for general public to buy and trade) but I expose myself to cable only 0.05 each trade so it depends how far this daily trend run i hold my old lots and open more new lots in trend and close alll together when i see consolidation by institutions.
  • #12,259
  • Aug 21, 2025 10:00pm Aug 21, 2025 10:00pm
The currency indicator still showing EUR and GBP both are bearish and USD bullish.
GBPUSD will close once they reach set target $1000.
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  • #12,260
  • Aug 22, 2025 12:00am Aug 22, 2025 12:00am
Quoting trader2022
The currency indicator still showing EUR and GBP both are bearish and USD bullish. GBPUSD will close once they reach set target $1000. {image}
Do you need 2000pips to make 1000 AUD?
the cautious seldom err....C
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