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A very simple system - trade with arrow

  • #41
  • May 31, 2016 9:07am May 31, 2016 9:07am
Quoting Kanderpro
{quote} Thanks. Got +43. I'm moving away from thinking I should aim for +50. These runs do occur but there's a lot of movement on the charts that don't get to +50 where there are good pips to be bagged. My trading history is littered with 20+ and 30+ trades that have closed at b/e.
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  • #42
  • May 31, 2016 9:32am May 31, 2016 9:32am
Quoting Foolsgame
another trade taken. this trade is a H1 trade. note that the H4 green block below change slower than H1 block. this kind of trade is more riskier {image}
as mentioned by pips, not a good choice and i miss out the red news,close red at 111.000. overall still little green today. gotta go to bed. see ya all tomorrow.
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  • #43
  • May 31, 2016 11:40am May 31, 2016 11:40am
I liked the template. I made some changes and I will do some testing here and now is giving me a buy entry on eur / usd.



Attached Image (click to enlarge)
Click to Enlarge Name: TDI.png Size: 28 KB
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  • #44
  • May 31, 2016 11:02pm May 31, 2016 11:02pm
Quoting palpite
I liked the template. I made some changes and I will do some testing here and now is giving me a buy entry on eur / usd. {image}
Udine use it as scalping and i have change the setting of the FIFO alert so that it suit my style but i use it for more confirmation only. hope you have a great trading. GL
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  • #45
  • May 31, 2016 11:23pm May 31, 2016 11:23pm
may become something.. but the TL is holding..
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM15.png Size: 77 KB
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  • #46
  • May 31, 2016 11:51pm May 31, 2016 11:51pm
Quoting Foolsgame
may become something.. but the TL is holding.. {image}

I rather like ucad on the 4 hour and so I went long. Stop at 1.30
the cautious seldom err....C
  • #47
  • Jun 1, 2016 12:02am Jun 1, 2016 12:02am
Us oil has failed twice at the 50 dollar mark and so I am looking at shorts only till that level is broken convincely
the cautious seldom err....C
  • #48
  • Jun 1, 2016 12:04am Jun 1, 2016 12:04am
Quoting pips29
{quote} I rather like ucad on the 4 hour and so I went long. Stop at 1.30
bouce off the 34 ema huh.. not suit me, i saw pin on the top of UCAD. maybe enter if 15 min show the same direction too

edit* long leg suit you more
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  • #49
  • Jun 1, 2016 12:28am Jun 1, 2016 12:28am
i wonder what happen to the yen
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  • #50
  • Edited 1:13am Jun 1, 2016 1:02am | Edited 1:13am
Quoting pips29
{quote} I rather like ucad on the 4 hour and so I went long. Stop at 1.30
Hello pips29,
I'm struggling to see what you like about UCad H4 to want to go long.
Edit: perhaps the piercing of, and move away from the 10ema on the Daily?
Edit: I like the 4 rejections of the 200ema on the 30m.
Thanks for your help, warmth and straight talking Heather.
  • #51
  • Jun 1, 2016 1:38am Jun 1, 2016 1:38am
Quoting Kanderpro
{quote} Hello pips29, I'm struggling to see what you like about UCad H4 to want to go long. Edit: perhaps the piercing of, and move away from the 10ema on the Daily? Edit: I like the 4 rejections of the 200ema on the 30m.
it's 34 ema on H4
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  • #52
  • Jun 1, 2016 1:43am Jun 1, 2016 1:43am
Quoting Foolsgame
{quote} it's 34 ema on H4
I'm not yet a great fan of the 34ema. Is it used as the direction of trend? (i.e. if price is below the 34ema then the trend is down, and vice versa.) If so, is that rule stuck to when the 34ema is horizontal?
Thanks for your help, warmth and straight talking Heather.
  • #53
  • Jun 1, 2016 1:53am Jun 1, 2016 1:53am
I've gone long on UCad based on the 4 rejections of the 200ema and the close on the 3-point trend line. I'm targeting the dol. Yes, price might sail through it but it tends not to on first touch. Will look to re-enter after the rejection.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM30 1 Jun.png Size: 57 KB

Edit: Once again pips29, your post made me look more closely at this pair. Thanks.
Thanks for your help, warmth and straight talking Heather.
  • #54
  • Jun 1, 2016 1:55am Jun 1, 2016 1:55am
Quoting Kanderpro
{quote} I'm not yet a great fan of the 34ema. Is it used as the direction of trend? (i.e. if price is below the 34ema then the trend is down, and vice versa.) If so, is that rule stuck to when the 34ema is horizontal?
pip tend to go long when both daily and H4 10ema cross 34ema and vice versa. of course, SR and TL play it's role too
*edit* correct me if i'm wrong bro pips
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  • #55
  • Jun 1, 2016 2:36am Jun 1, 2016 2:36am
Quoting Kanderpro
I've gone long on UCad based on the 4 rejections of the 200ema and the close on the 3-point trend line. I'm targeting the dol. Yes, price might sail through it but it tends not to on first touch. Will look to re-enter after the rejection. {image} Edit: Once again pips29, your post made me look more closely at this pair. Thanks.
Price hit the dol to the pip..well played kander
the cautious seldom err....C
  • #56
  • Jun 1, 2016 3:07am Jun 1, 2016 3:07am
Quoting Foolsgame
this is a method actually evolve from the knowledge i have learn so far. the purpose of this thread is sharing and also help me myself to complete my system. i have been park in LE1 thread and learn lots of stuff from pips29 which i recommend anyone to get a look for the thread. BUY daily chart Price> 10 ema>34ema H4: price >10ema>34ema 15m chart: price >10ema>34ema(arrow appear for more confirmation) SELL daily chart Price<10 ema<34ema H4 chart: price <10ema<34ema 15m chart: price<10ema<34ema(arrow appear for more confirmation) ** KEEP OUT FROM...
Hi Bro

What's the Exit Rule?

You mentioned to follow the MA & arrow for entry. That's nice. It would be great if you can also explain the exit strategy.

Thanks for nice strategy.
  • #57
  • Jun 1, 2016 5:36am Jun 1, 2016 5:36am
took 3 trades, US oil (15 min), e/y (H1)and ucad (H4)..I have taken a lot out of the trades below and stops at b/e+..Ucad is in green but nothing doing..I gonna take a break and will come back after dinner ..Trade wisely guys
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USOil m5 (06-01-2016 1829).png Size: 56 KB
Click to Enlarge Name: EURJPY m15 (06-01-2016 1829).png Size: 54 KB
the cautious seldom err....C
  • #58
  • Jun 1, 2016 6:05am Jun 1, 2016 6:05am
Quoting dhavalganatr
{quote} Hi Bro What's the Exit Rule? You mentioned to follow the MA & arrow for entry. That's nice. It would be great if you can also explain the exit strategy. Thanks for nice strategy.
you can use 1SL,2 SL or more as TP. or using next SR as ur exit. try look at pips29 chart and study. it helps you.
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  • #59
  • Jun 1, 2016 6:08am Jun 1, 2016 6:08am
i got this 3 trade...EZ still red since i got the entry. might close it red. today is holiday at ma place. might not coming back at NYO. GL all. Green pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZDM15.png Size: 55 KB
Click to Enlarge Name: GBPAUDM15.png Size: 49 KB
Click to Enlarge Name: EURJPYM15.png Size: 52 KB
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  • #60
  • Jun 1, 2016 6:27am Jun 1, 2016 6:27am
Very cool , a big profit here


Attached Image (click to enlarge)
Click to Enlarge Name: TDI.png Size: 24 KB
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