A very simple system - trade with arrow | Page 615 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Need help for this very very simple indicator 1 reply

Looking for simple arrow indicator 0 replies

lets develop a system which is very very simple but effective. 7 replies

Can anyone add a simple crossover arrow to this? 2 replies

mt4 coder needed for a very very simple system 2 replies

Attachments: A very simple system - trade with arrow
Exit Attachments

A very simple system - trade with arrow

  • #12,281
  • Sep 8, 2025 2:45am Sep 8, 2025 2:45am
Quoting trader2022
{quote} I sold my Gold friday night as i was expecting consolidation for the XAUUSD late friday night but that didn't happen. Bull have taken over Bear and if that continues this week then Bitcoin and Ethereum will start bearish trend in weekly and monthly chart. I'm out of market and will check and enter new trade during london/US open
yeah, you are right .The bull became more bullish on gold
the cautious seldom err....C
  • #12,282
  • Sep 8, 2025 3:21am Sep 8, 2025 3:21am
Quoting pips29
{quote} yeah, you are right .The bull became more bullish on gold
I follow your system, your system suggests when to enter or when not to enter trades as per trend.

XAUUSD daily, weekly, monthly are Bullish
Bitcoin daily is bearish, changing weekly and monthly to bearish
Ethereum follows bitcoin so bearish trend start for daily, weekly, monthly chart.

All other currencies including USD, AUD, EUR, GBP all are bearish on monthly chart. that suggesting disaster is coming like global recession. XAUUSD is only Bullish at this moment. I place few charts , this is the system i follow and enter trades, checkout Bitcoin trend change to Bearish on daily chart. i follow this and stop buying bitcoin. I'm just reading market instead of focusing green pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 142 KB
Click to Enlarge Name: screenshot.png Size: 151 KB
Click to Enlarge Name: screenshot.png Size: 148 KB
  • #12,283
  • Sep 8, 2025 3:47am Sep 8, 2025 3:47am
Quoting trader2022
{quote} I follow your system, your system suggests when to enter or when not to enter trades as per trend. XAUUSD daily, weekly, monthly are Bullish Bitcoin daily is bearish, changing weekly and monthly to bearish Ethereum follows bitcoin so bearish trend start for daily, weekly, monthly chart. All other currencies including USD, AUD, EUR, GBP all are bearish on monthly chart. that suggesting disaster is coming like global recession. XAUUSD is only Bullish at this moment. I place few charts , this is the system i follow and enter trades, checkout...
trader, are you using BB? Have you heard of BBMA?
the cautious seldom err....C
  • #12,284
  • Sep 8, 2025 6:28am Sep 8, 2025 6:28am
Quoting pips29
{quote} trader, are you using BB? Have you heard of BBMA?

Yes you gave me that bbma / bb system too. but now i am using this one. bbma is good too
  • #12,285
  • Sep 8, 2025 7:50am Sep 8, 2025 7:50am
Quoting trader2022
{quote} Yes you gave me that bbma / bb system too. but now i am using this one. bbma is good too
Did I??? wow! dinner's on you then. which part of Australia are you in?
the cautious seldom err....C
  • #12,286
  • Sep 8, 2025 8:10am Sep 8, 2025 8:10am
a 20+ pip simple trade. TP was missed by under a pip
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 27 KB
the cautious seldom err....C
  • #12,287
  • Sep 8, 2025 10:16am Sep 8, 2025 10:16am
Quoting pips29
{quote} Did I??? wow! dinner's on you then. which part of Australia are you in?

Yes you and I used to trade that bbma together. and i think I combined both of your systems but some how it turned out to be too good for me and I can see chart easily with them.

I live in Sydney Australia.

as i discussed earlier that only Gold is bullish therefore i did enter XUAUSD trade and will hold it for few days or weeks so i can buy peanuts.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 90 KB
  • #12,288
  • Sep 8, 2025 10:51am Sep 8, 2025 10:51am
These both are just my side trades. I usually do not trade these two pairs, but I've to recover my very old loss from these 2 pairs . that's why i am targeting this pair, if lose so will lose few pips but if i win so i will recover the previous loss plus some additional green pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 158 KB
Click to Enlarge Name: screenshot.png Size: 160 KB
  • #12,289
  • Sep 9, 2025 3:14am Sep 9, 2025 3:14am
1st trade of the morning, short EY
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.rawM15.png Size: 25 KB
the cautious seldom err....C
  • #12,290
  • Sep 9, 2025 3:19am Sep 9, 2025 3:19am
Quoting pips29
1st trade of the morning, short EY {image}
wow! that was quick. TP hit while I was checking out FF
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.rawM15a.png Size: 25 KB
the cautious seldom err....C
  • #12,291
  • Sep 9, 2025 3:30am Sep 9, 2025 3:30am
Quoting trader2022
These both are just my side trades. I usually do not trade these two pairs, but I've to recover my very old loss from these 2 pairs . that's why i am targeting this pair, if lose so will lose few pips but if i win so i will recover the previous loss plus some additional green pips. {image} {image}
Hey trader, you got your revenge on the dragon. I was lucky I entered short just moments before news release of potential JPY rate increase. You do need a bit of luck in trading
the cautious seldom err....C
  • #12,292
  • Sep 9, 2025 3:35am Sep 9, 2025 3:35am
The blue lines are H4 levels. On hindsight, might have been better to target closer to those levels
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.rawH1.png Size: 31 KB
the cautious seldom err....C
  • #12,293
  • Sep 9, 2025 3:40am Sep 9, 2025 3:40am
Quoting pips29
I plotted some levels and TL last Friday thinking of going long when price gets to the confluence of the TL and price level, but there was no trade set up as price did not make it down there. With the announcement of the resignation of the Japanese PM I wonder if price will drop to that level or gap up. I guess another 5 hours or so will confirm my thinking {image}
The level is now being tested but I am undecided following the press release..might switch to a much lower tf to enter if I get confirmation
Btw the white lines are daily levels
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.rawH4.png Size: 34 KB
the cautious seldom err....C
  • #12,294
  • Sep 9, 2025 4:08am Sep 9, 2025 4:08am
Quoting pips29
{quote} The level is now being tested but I am undecided following the press release..might switch to a much lower tf to enter if I get confirmation Btw the white lines are daily levels {image}
I can't even see any upmove on M1, so it's better to leave it aside for now and wait for NY session
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.rawM1.png Size: 20 KB
the cautious seldom err....C
  • #12,295
  • Sep 9, 2025 4:44am Sep 9, 2025 4:44am
If you use BB and with a bit of knowledge of bbma you will understand what I am about to say. I am using 10ema bands only to simplify the approach to the method of trading as used by razor as well. On the daily we have momentum candles ( candles outside the bb) for several days and bbma requires you to wait for a retracement to the bands (lower band) of the 10 ema to enter long in line with the trend. I am looking to time an entry short to the10 ema lower band, not an easy move but it helps to keep my blood flowing better. Blood needs exercise too
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.rawDaily.png Size: 27 KB
the cautious seldom err....C
  • #12,296
  • Sep 9, 2025 6:35am Sep 9, 2025 6:35am
Quoting pips29
{quote} I can't even see any upmove on M1, so it's better to leave it aside for now and wait for NY session {image}
I am long on M1
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.rawM1.png Size: 25 KB
the cautious seldom err....C
  • #12,297
  • Sep 9, 2025 7:07am Sep 9, 2025 7:07am
Quoting pips29
{quote} I am long on M1 {image}
taken partial and stop moved to b/e
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.rawM1b.png Size: 24 KB
the cautious seldom err....C
  • #12,298
  • Sep 9, 2025 7:36am Sep 9, 2025 7:36am
I will be taking another partial at or near S1 and leave the remainder for target. That's the plan
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.rawM1.png Size: 27 KB
the cautious seldom err....C
  • #12,299
  • Sep 9, 2025 9:08am Sep 9, 2025 9:08am
stopped out with WTF news
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.rawM5.png Size: 23 KB
the cautious seldom err....C
  • #12,300
  • Sep 9, 2025 9:46am Sep 9, 2025 9:46am
Quoting pips29
stopped out with WTF news {image}
I envy when you take trades in M1 or M5 or M15 while i'm sitting waiting for the setup, you come and collect green pips and GONE. WHAT? how did he find the setup? where did he see movements??? loll hahahhaha

The pips i make in a month, you make in a day. good on you, I'm still stuck with MT4 with your systems and happy with them . And you've moved to MT5 and got clean chart now. good on you .
3 traders viewing now