A very simple system - trade with arrow | Page 14 | 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

  • #261
  • Jun 10, 2016 4:30am Jun 10, 2016 4:30am
Quoting Foolsgame
i got second entry for EJ instead or mybe GJ if the price retrace a bit to 10 ema {image}
I nearly took this trade too. It was a toss between the geppy. After checking e/u on the 4 hour, I opted for the geppy
the cautious seldom err....C
  • #262
  • Jun 10, 2016 4:37am Jun 10, 2016 4:37am
Quoting pips29
{quote} I nearly took this trade too. It was a toss between the geppy. After checking e/u on the 4 hour, I opted for the geppy
got GJ also now... gonna monitor it through my phone and gonna go for my friday night party session green pips bro and to ther others too
Do it like a Fool
  • #263
  • Jun 10, 2016 4:49am Jun 10, 2016 4:49am
Quoting Foolsgame
{quote} got GJ also now... gonna monitor it through my phone and gonna go for my friday night party session green pips bro and to ther others too
wow, I haven't been partying in awhile..enjoy
the cautious seldom err....C
  • #264
  • Jun 10, 2016 4:57am Jun 10, 2016 4:57am
Quoting Foolsgame
{quote} hit my BE instead.
told you about the resistence..I will probably have to monitor my trades on the mobile too
the cautious seldom err....C
  • #265
  • Jun 10, 2016 5:01am Jun 10, 2016 5:01am
EJ TP hit. I have been thinking about changing my trading style a bit the past days. I want to aim for a smaller TP.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 10-06.PNG Size: 78 KB
  • #266
  • Jun 10, 2016 5:04am Jun 10, 2016 5:04am
Do you guys have a MT4 app on your mobile? I think the charts will be very tiny on my telephone screen:nerd:
  • #267
  • Jun 10, 2016 5:04am Jun 10, 2016 5:04am
Quoting Pipsalon
EJ TP hit. I have been thinking about changing my trading style a bit the past days. I want to aim for a smaller TP. {image}
whatever you are comfortable with. A winner is definitely better than a loss, pipsalon
the cautious seldom err....C
  • #268
  • Jun 10, 2016 5:07am Jun 10, 2016 5:07am
Quoting Pipsalon
Do you guys have a MT4 app on your mobile? I think the charts will be very tiny on my telephone screen:nerd:
I use mobile only for exits when I don't have a computer infront
the cautious seldom err....C
  • #269
  • Jun 10, 2016 5:10am Jun 10, 2016 5:10am
Quoting pips29
short cable and geppy {image} {image}
Taken some profits from both pairs and moving stops to b/e
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPY H1 (06-10-2016 1108).png Size: 55 KB
Click to Enlarge Name: GBPUSD H1 (06-10-2016 1111).png Size: 61 KB
the cautious seldom err....C
  • #270
  • Jun 10, 2016 5:12am Jun 10, 2016 5:12am
Quoting pips29
{quote} I nearly took this trade too. It was a toss between the geppy. After checking e/u on the 4 hour, I opted for the geppy
Hello pips29,
I'm in GJ aswell. After the initial break just before LO and its retrace I suspected it would go again. I'm puzzled as to what you saw in the H4.
Thanks for your help, warmth and straight talking Heather.
  • #271
  • Jun 10, 2016 5:16am Jun 10, 2016 5:16am
I was just comparing between the two and on e/u price was just above the 200 ema and on cable the price was below the ema and therefore I preferred the geppy EDit: I wish to point out both trades were taken on the 1 hour tf
the cautious seldom err....C
  • #272
  • Jun 10, 2016 5:20am Jun 10, 2016 5:20am
I pay more attention to RN levels lately. Look at the example of this GU chart. Price is going from RN to the next RN. And takes a break at each RN level.
As loveevery1 mentioned the importance of RN's many times in his thread, try to open a sell just below a RN and open a buy just above a RN. That is more safe.
Attached Image (click to enlarge)
Click to Enlarge Name: GU RN level trading.PNG Size: 24 KB
  • #273
  • Jun 10, 2016 5:21am Jun 10, 2016 5:21am
Quoting pips29
I was just comparing between the two and on e/u price was just above the 200 ema and on cable the price was below the ema and therefore I preferred the geppy
Thanks. I know it's said that the 200ema is respected on all time frames but on H4 it's significant for me as it approximates the 34ema on the Daily.
Thanks for your help, warmth and straight talking Heather.
  • #274
  • Jun 10, 2016 5:24am Jun 10, 2016 5:24am
Quoting Kanderpro
{quote} Hello pips29, I'm in GJ aswell. After the initial break just before LO and its retrace I suspected it would go again. I'm puzzled as to what you saw in the H4.
Very nice GJ trades guys I did not take a position because I was in EJ and EU already.
  • #275
  • Jun 10, 2016 5:25am Jun 10, 2016 5:25am
Quoting Foolsgame
{quote} you might be having some chance today
I am in this pair and looking forward to those targets
the cautious seldom err....C
  • #276
  • Jun 10, 2016 5:29am Jun 10, 2016 5:29am
Quoting Kanderpro
{quote} Thanks. I know it's said that the 200ema is respected on all time frames but on H4 it's significant for me as it approximates the 34ema on the Daily.
I am so pleased you are finding the 34 ema useful. I must admit I have a lot of faith in it..you will grow fond of her if you haven't yet..gonna take a break..green pips
the cautious seldom err....C
  • #277
  • Jun 10, 2016 5:36am Jun 10, 2016 5:36am
Many traders find it difficult to place their targets and some do not understand how I do mine. The 4 hour chart is clear to see
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY H4 (06-10-2016 1133).png Size: 80 KB
the cautious seldom err....C
  • #278
  • Jun 10, 2016 5:47am Jun 10, 2016 5:47am
Quoting pips29
{quote} I am so pleased you are finding the 34 ema useful. I must admit I have a lot of faith in it..you will grow fond of her if you haven't yet..gonna take a break..green pips
Yes I really like that it gives me a close approximation of the TDI 50 line on the main chart.
For any newbies reading this, the majority of a trend occurs beyond the TDI 50 line.
Thanks for your help, warmth and straight talking Heather.
  • #279
  • Jun 10, 2016 6:02am Jun 10, 2016 6:02am
I've been taking some interest and envious glances at the H4 trend-following threads such as Dreamliner's High Flying Trading. He recommends entering when there is a close beyond the 34ema and adding after a retrace bar. Someone else on the thread is entering on a change of colour of the nonlagdot indicator (which is not too far off the colour change on heiken-ashi bars or Average Price Bars) and adding after a retrace bar. I'm starting to think that the best entry on to an H4 trend-following strategy is a successful 30m trade, that is, not taking full profits and leaving some on. Comments welcome.
Thanks for your help, warmth and straight talking Heather.
  • #280
  • Jun 10, 2016 9:34am Jun 10, 2016 9:34am
Quoting pips29
Many traders find it difficult to place their targets and some do not understand how I do mine. The 4 hour chart is clear to see {image}
Very clear pips
9 traders viewing now