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A very simple system - trade with arrow

  • #12,301
  • Sep 9, 2025 10:01am Sep 9, 2025 10:01am
I am long on the dragon now using M1
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.rawM1.png Size: 27 KB
the cautious seldom err....C
  • #12,302
  • Sep 9, 2025 10:18am Sep 9, 2025 10:18am
Quoting pips29
I am long on the dragon now using M1 {image}
Ok I am following your trades. Long on dragon
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  • #12,303
  • Edited Sep 10, 2025 3:39am Sep 9, 2025 3:18pm | Edited Sep 10, 2025 3:39am
Quoting pips29
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...
The chart looks quite different now. When I saw the daily candle moving into the upper bb I did not hesitate to look for a set up. I went down to M1 and with the aid of M5 I pulled the trigger and has now also taken partial. TP is quite a way down and so taking partial along the way is the plan
eDit: stopped out at b/e with partial profits taken as well
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.rawDaily.png Size: 28 KB
the cautious seldom err....C
  • #12,304
  • Edited 4:07am Sep 10, 2025 3:38am | Edited 4:07am
1st trade of the morning, short EY
EDit: cut it -9
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.rawM15.png Size: 25 KB
the cautious seldom err....C
  • #12,305
  • Sep 10, 2025 4:18am Sep 10, 2025 4:18am
I hardly trade the aussie but the risk:reward was too good to be ignored. Let's wait and see
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.rawM15.png Size: 26 KB
the cautious seldom err....C
  • #12,306
  • Sep 10, 2025 4:20am Sep 10, 2025 4:20am
Quoting pips29
{quote} The chart looks quite different now. When I saw the daily candle moving into the upper bb I did not hesitate to look for a set up. I went down to M1 and with the aid of M5 I pulled the trigger and has now also taken partial. TP is quite a way down and so taking partial along the way is the plan eDit: stopped out at b/e with partial profits taken as well {image}

My trade was taken XAUUSD with this fall at BE.
However, i can see yesterday was reverse hammer so probably today gold will drop too.
1M and 5M chart looks like consolidation area. but this is tricky situation, i will stay out of XUAUSD
  • #12,307
  • Sep 10, 2025 4:33am Sep 10, 2025 4:33am
Quoting trader2022
{quote} My trade was taken XAUUSD with this fall at BE. However, i can see yesterday was reverse hammer so probably today gold will drop too. 1M and 5M chart looks like consolidation area. but this is tricky situation, i will stay out of XUAUSD
Yes, that's correct. More appropriately that so called inverted hammer is a shooting star. I'm looking at M5/M1 to time a short entry. I am only looking at short and if there's none so be it. You can't lose without an entry. Btw are you still in the "dragon" trade
the cautious seldom err....C
  • #12,308
  • Edited 5:09am Sep 10, 2025 4:52am | Edited 5:09am
Quoting pips29
{quote} Yes, that's correct. More appropriately that so called inverted hammer is a shooting star. I'm looking at M5/M1 to time a short entry. I am only looking at short and if there's none so be it. You can't lose without an entry. Btw are you still in the "dragon" trade
the setup suggest XAUUSD should trend down for this week but never know what institutional traders decides. My buy trade got closed and i missed these bull GREEN pips assuming tonight bearish trend will start for few days until FED decides interest rate.


Yes dragon is still running. i have set target, it will meet tonight and trade will be closed. I just entered another EURJPY. The issue with my present approach is that I trade open baskets with tiny lot sizes using both H4 and day charts. They are closed using SL, BE, or TP sometimes in a day or 5 days.

My goal was to learn how to trade M1-M15 charts from you, but was unsuccessful. You quickly trade ten pairs in and out, collect pips with a greater lot size, and consistently collect green pips. You win every time, and I tried, but I would always lose with smaller chart.
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  • #12,309
  • Sep 10, 2025 7:10am Sep 10, 2025 7:10am
Quoting trader2022
{quote} the setup suggest XAUUSD should trend down for this week but never know what institutional traders decides. My buy trade got closed and i missed these bull GREEN pips assuming tonight bearish trend will start for few days until FED decides interest rate. Yes dragon is still running. i have set target, it will meet tonight and trade will be closed. I just entered another EURJPY. The issue with my present approach is that I trade open baskets with tiny lot sizes using both H4 and day charts. They are closed using SL,...
Yes, I truly hope the shooting star on the Gold chart works like you said. I'm already short on M1 @3653
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.rawM1.png Size: 22 KB
the cautious seldom err....C
  • #12,310
  • Sep 10, 2025 8:49am Sep 10, 2025 8:49am
stopped out again after taking partial
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.rawM1.png Size: 24 KB
the cautious seldom err....C
  • #12,311
  • Sep 10, 2025 8:52am Sep 10, 2025 8:52am
Quoting pips29
I hardly trade the aussie but the risk:reward was too good to be ignored. Let's wait and see {image}
took 50% out for some profits and the remainder locked with +ve stop
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.rawM15.png Size: 27 KB
the cautious seldom err....C
  • #12,312
  • Sep 10, 2025 9:35am Sep 10, 2025 9:35am
trade closed, my attention is needed somewhere else
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.rawM15.png Size: 24 KB
the cautious seldom err....C
  • #12,313
  • Sep 10, 2025 9:55am Sep 10, 2025 9:55am
Quoting pips29
{quote} Yes, I truly hope the shooting star on the Gold chart works like you said. I'm already short on M1 @3653 {image}

I am still thinking and waiting for the setup, and you are already collecting GREEEN PIPS
That's your experience tells you when to enter and exit in a trade in M1 & M5.

But I'm still sitting out of XAUUSD and just closed GBPJPY too. increased trades in EURJPY
  • #12,314
  • Sep 10, 2025 10:11am Sep 10, 2025 10:11am
I can see CLEAR indication XAUUSD is bearish but still i couldn't dare to short . Gold is always scary when it comes to short it but i bluntly buy it.

anyways for now i'm Long EURJPY.
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  • #12,315
  • Sep 10, 2025 10:47am Sep 10, 2025 10:47am
Quoting trader2022
I can see CLEAR indication XAUUSD is bearish but still i couldn't dare to short . Gold is always scary when it comes to short it but i bluntly buy it. anyways for now i'm Long EURJPY. {image}
I am short UY atm
the cautious seldom err....C
  • #12,316
  • Sep 11, 2025 5:02am Sep 11, 2025 5:02am
I have already started shorting the dragon
the cautious seldom err....C
  • #12,317
  • Sep 11, 2025 5:09am Sep 11, 2025 5:09am
Quoting pips29
I have already started shorting the dragon
looks good to 198.8 at least, ADR and support. was thinking about it but sideline till after CPI
Its all just one persons opinion
  • #12,318
  • Sep 11, 2025 5:15am Sep 11, 2025 5:15am
Quoting pips29
I have already started shorting the dragon
I opened Oil buy, and CHFJPY sell and both hit my SL

You and I both were so RIGHT about GOLD I am shorting Gold picked up few pips and opened again..

You can see that I can trade now, i can see the chart and bigger picture. but i am not good at M1 to M15 chart yet.

for currency pairs i will wait another 2.15 hours, news time for USD.
  • #12,319
  • Sep 11, 2025 5:37am Sep 11, 2025 5:37am
I am thinking of longs on EU and perhaps GU. But price has to fall 20 or more pips from here before any attempt. Let's wait and do
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD.rawDaily.png Size: 26 KB
Click to Enlarge Name: GBPUSD.rawDaily.png Size: 29 KB
the cautious seldom err....C
  • #12,320
  • Sep 11, 2025 5:46am Sep 11, 2025 5:46am
Quoting pips29
I am thinking of longs on EU and perhaps GU. But price has to fall 20 or more pips from here before any attempt. Let's wait and do {image} {image}
I am thinking opposite as trend changed to downtrend. I would have opened SHORT for both EU and GU but i'm waiting for CPI for now.
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