A very simple system - trade with arrow | Page 617 | Forex Factory

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A very simple system - trade with arrow

  • #12,321
  • Sep 11, 2025 5:55am Sep 11, 2025 5:55am
Quoting trader2022
{quote} 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.
I know what you are looking at but the daily charts have not printed a LL yet and if you are one who looks at daily chart as well (being a swing trader like yourself) then your thinking might be different, no idea??
the cautious seldom err....C
  • #12,322
  • Sep 11, 2025 6:07am Sep 11, 2025 6:07am
just started a small short on UY, a split entry as my other short will be another 20 or so pips higher should price continues upwards
the cautious seldom err....C
  • #12,323
  • Sep 11, 2025 6:17am Sep 11, 2025 6:17am
Quoting pips29
I have already started shorting the dragon
What's your tp, man?
  • #12,324
  • Sep 11, 2025 6:23am Sep 11, 2025 6:23am
Quoting pips29
{quote} I know what you are looking at but the daily charts have not printed a LL yet and if you are one who looks at daily chart as well (being a swing trader like yourself) then your thinking might be different, no idea??
I am glad that you and I were RIGHT about XAUUSD swing bearish is good for me, i will wait to go LONG again .
  • #12,325
  • Sep 11, 2025 6:56am Sep 11, 2025 6:56am
my stop on the dragon is 200.121, if I get stopped out I will stop trading today
the cautious seldom err....C
  • #12,326
  • Sep 11, 2025 7:00am Sep 11, 2025 7:00am
Quoting bhaimian
{quote} What's your tp, man?
Final destination is 199.08 but I normally do scaling
the cautious seldom err....C
  • #12,327
  • Sep 11, 2025 8:10am Sep 11, 2025 8:10am
Quoting pips29
just started a small short on UY, a split entry as my other short will be another 20 or so pips higher should price continues upwards
took profit before target
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 26 KB
the cautious seldom err....C
  • #12,328
  • Sep 11, 2025 8:13am Sep 11, 2025 8:13am
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}
not sure if anyone took notice
the cautious seldom err....C
  • #12,329
  • Sep 11, 2025 8:39am Sep 11, 2025 8:39am
Many,many moons ago when I first started trading the forex market, I had to learn how to use the computer first and I am still learning. I have zero knowledge on how to use a computer. Trading the stockmarket had always been just calling your remisier to place your trades. To cut the story short I met a lady online who trade the forex market and she introduced me to the woodies cci and I had tried many times just to install this custom indicator and when I finally did this indicator was so complex that it must have done some damage to my head. I still do not know how to install zip files .Anyway, she traded EU mainly and occasionally also UY trades. She will not trade cable as it was fearful to her. Her target was 30pips either way and I have seen her consistently hitting the target and then she increased to 50 pips. She was good for awhile and then not so good. I don't know if anyone of you try having a 30 pips target and 30 pips stop. If you trade EU perhaps you can give it a go and perform just as good as her on EU solely.That's all folks!
the cautious seldom err....C
  • #12,330
  • Sep 11, 2025 9:16am Sep 11, 2025 9:16am
very cheap eval. just wondering if they pay
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2025-09-11 151521.png Size: 58 KB
the cautious seldom err....C
  • #12,331
  • Sep 11, 2025 9:57am Sep 11, 2025 9:57am
Quoting pips29
{quote} Final destination is 199.08 but I normally do scaling
trade closed
the cautious seldom err....C
  • #12,332
  • Sep 12, 2025 3:56am Sep 12, 2025 3:56am
My first trade ended in a loss but since then I made two more shorts and had recovered my loss earlier. The remainder is in +ve territory and stops covered with some pips
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.rawM1.png Size: 25 KB
the cautious seldom err....C
  • #12,333
  • Sep 12, 2025 4:07am Sep 12, 2025 4:07am
I took this on the daily but did not manage it well by exiting when the DP was rejected. A bit rash on my part as there was more to be made
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.rawDaily.png Size: 36 KB
the cautious seldom err....C
  • #12,334
  • Sep 12, 2025 4:13am Sep 12, 2025 4:13am
Quoting pips29
My first trade ended in a loss but since then I made two more shorts and had recovered my loss earlier. The remainder is in +ve territory and stops covered with some pips {image}
My targets for the shorts, one at DP and the other at the recent Low
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.rawH1.png Size: 31 KB
the cautious seldom err....C
  • #12,335
  • Sep 12, 2025 5:15am Sep 12, 2025 5:15am
Quoting pips29
{quote} My targets for the shorts, one at DP and the other at the recent Low {image}
EDit: did not work out, stops hit
the cautious seldom err....C
  • #12,336
  • Edited 8:23am Sep 12, 2025 5:32am | Edited 8:23am
short the dragon
EDit: partial taken
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.rawM15.png Size: 26 KB
the cautious seldom err....C
  • #12,337
  • Sep 12, 2025 8:22am Sep 12, 2025 8:22am
Quoting pips29
{quote} My targets for the shorts, one at DP and the other at the recent Low {image}
Pa looks bullish and so selling is not wise imo
the cautious seldom err....C
  • #12,338
  • Sep 12, 2025 8:35am Sep 12, 2025 8:35am
I have just gone short EU
the cautious seldom err....C
  • #12,339
  • Sep 12, 2025 10:19am Sep 12, 2025 10:19am
Quoting pips29
I have just gone short EU
Same here. I saw this setup yesterday but today i've entered EU short the only opened trade at the moment. i won't close it tonight unless it hits SL.
  • #12,340
  • Sep 12, 2025 10:58am Sep 12, 2025 10:58am
I set a stop/target of 30 pips . I am just doing what the lady did years ago who was very profitable using a 1:1 risk:reward. Funnily enough I have not tried it back then but I guess for the obvious reason I trade cable/dragon mainly. I am now trying EU only with 30 pips stop and target to see if it still work. It probably won't work this time as I do not like having trades over the weekend
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.rawM15.png Size: 25 KB
the cautious seldom err....C
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