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A very simple system - trade with arrow

  • #581
  • Jun 27, 2016 6:43am Jun 27, 2016 6:43am
Quoting pips29
{quote} Can you tell me which broker you are using? The spread is very low. I opened a demo acc. with easyforex on Friday to test out and did make a gain on g/u without any fuss. But this morning I found the spreads are high on most pairs compared to fxcm and I have a 13 pip spread on e/cad. A representative from the broker called me up and asked if I have any experience and I told him I do. Anyone who has experience with this broker please state your views before I start doing live from next month
Never heard of easyforex. A spread of 13 pips is far too high if you ask me. I'm thinking about opening an true ECN/razor account with IC markets or Pepperstone. Their spreads are very low and they charge a small commission.
  • #582
  • Jun 27, 2016 7:05am Jun 27, 2016 7:05am
Quoting pips29
{quote} Can you tell me which broker you are using? The spread is very low. I opened a demo acc. with easyforex on Friday to test out and did make a gain on g/u without any fuss. But this morning I found the spreads are high on most pairs compared to fxcm and I have a 13 pip spread on e/cad. A representative from the broker called me up and asked if I have any experience and I told him I do. Anyone who has experience with this broker please state your views before I start doing live from next month
i am using IC market. platform sometimes still freeze tho'
Do it like a Fool
  • #583
  • Jun 27, 2016 8:05am Jun 27, 2016 8:05am
E Cad:
testing Trader Dante's assertion that if price races down to a level, it's more likely to rebound than if it had drifted there (the "drift of death.")
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM30.png Size: 64 KB
Thanks for your help, warmth and straight talking Heather.
  • #584
  • Jun 27, 2016 9:16am Jun 27, 2016 9:16am
Quoting Pipsalon
{quote} Never heard of easyforex. A spread of 13 pips is far too high if you ask me. I'm thinking about opening an true ECN/razor account with IC markets or Pepperstone. Their spreads are very low and they charge a small commission.
thanks for your feedback. Are they good and respectable. I need one with no freezing of platform at around red news release and delays with withdrawals
I can live with slightly higher spread
the cautious seldom err....C
  • #585
  • Jun 27, 2016 9:26am Jun 27, 2016 9:26am
Italy v Spain. Any idea ?
odds are tempting at 10/3 for an Italian win
the cautious seldom err....C
  • #586
  • Jun 27, 2016 1:44pm Jun 27, 2016 1:44pm
Quoting Kanderpro
E Cad: testing Trader Dante's assertion that if price races down to a level, it's more likely to rebound than if it had drifted there (the "drift of death.") {image}
+88. Perhaps I should do some back-testing. Edit: or just take his word for it.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM30 1942.png Size: 62 KB
Thanks for your help, warmth and straight talking Heather.
  • #587
  • Jun 27, 2016 11:23pm Jun 27, 2016 11:23pm
Quoting pips29
Italy v Spain. Any idea ? odds are tempting at 10/3 for an Italian win
look like Italy got through the fight​
Do it like a Fool
  • #588
  • Jun 28, 2016 12:22am Jun 28, 2016 12:22am
England: lots of talent, but not in coaching at this level. Tactically inept.
Italy: great to watch.
What are the chances of an Iceland v Wales final? Not great, but who knows?
Thanks for your help, warmth and straight talking Heather.
  • #589
  • Jun 28, 2016 12:51am Jun 28, 2016 12:51am
Quoting Kanderpro
England: lots of talent, but not in coaching at this level. Tactically inept. Italy: great to watch. What are the chances of an Iceland v Wales final? Not great, but who knows?
we watch Leicester won the EPL, so there is the chance there
Do it like a Fool
  • #590
  • Jun 28, 2016 4:43am Jun 28, 2016 4:43am
Football disaster is all I can say, really,really disappointed. Out of both "euro" in a week
the cautious seldom err....C
  • #591
  • Jun 28, 2016 4:46am Jun 28, 2016 4:46am
Quoting Foolsgame
{quote} we watch Leicester won the EPL, so there is the chance there
England: lots of talent, but not in coaching at this level. Tactically inept.
Italy: great to watch.
What are the chances of an Iceland v Wales final? Not great, but who knows?
Inserted Video
the cautious seldom err....C
  • #592
  • Jun 28, 2016 5:14am Jun 28, 2016 5:14am
anyone trading today? got in 2 position end out with losses
Do it like a Fool
  • #593
  • Jun 28, 2016 5:22am Jun 28, 2016 5:22am
Quoting Foolsgame
anyone trading today? got in 2 position end out with losses
Entered ACad short after a bar that was smaller than the previous 2. (Mistake type number 12.) Out at -11.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM30.png Size: 53 KB
Thanks for your help, warmth and straight talking Heather.
  • #594
  • Jun 28, 2016 5:52am Jun 28, 2016 5:52am
guys, it's not easy to trade this week..too many uncertainties..best to reduce lot size if trading
the cautious seldom err....C
  • #595
  • Jun 28, 2016 6:25am Jun 28, 2016 6:25am
gone long
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY m15 (06-28-2016 1224).png Size: 59 KB
the cautious seldom err....C
  • #596
  • Jun 28, 2016 6:53am Jun 28, 2016 6:53am
EA
I mentioned yesterday about Trader Dante's assertion that if price races to a level then it's more likely to be rejected than if it drifts there. I thought I'd test this again with some pennies.
The candle that's arrowed raced to the level where the green rectangle, the 200ema and resistance from last Thursday (the green line) are. I entered on the assumption that, after price showed rejection from the '00 just above the level, it would be rejected again. (Yes, I have attempted to "pick a top.") So far, it's ok at +11 having been as good as +22.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM30 28Jun.png Size: 65 KB
Thanks for your help, warmth and straight talking Heather.
  • #597
  • Jun 28, 2016 7:01am Jun 28, 2016 7:01am
Quoting Kanderpro
EA I mentioned yesterday about Trader Dante's assertion that if price races to a level then it's more likely to be rejected than if it drifts there. I thought I'd test this again with some pennies. The candle that's arrowed raced to the level where the green rectangle, the 200ema and resistance from last Thursday (the green line) are. I entered on the assumption that, after price showed rejection from the '00 just above the level, it would be rejected again. (Yes, I have attempted to "pick a top.") So far, it's ok at +11 having been as good as +22....
a/u is a sell on H4, so be careful
the cautious seldom err....C
  • #598
  • Jun 28, 2016 7:11am Jun 28, 2016 7:11am
Quoting pips29
gone long {image}
closing 40% of trade and stop moved to b/e...gonna grab some lunch..... bbl
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY m15 (06-28-2016 1310).png Size: 57 KB
the cautious seldom err....C
  • #599
  • Jun 28, 2016 7:12am Jun 28, 2016 7:12am
Quoting pips29
{quote} a/u is a sell on H4, so be careful
Thanks pips29,
I'm at breakeven with my little experiment. AU 30m is also "at a level," but it drifted there so the theory says that it will go through.
This is passing the time quite nicely in this period of uncertainty.
Edit: AU is at that level after hidden divergence.
Thanks for your help, warmth and straight talking Heather.
  • #600
  • Jun 28, 2016 7:20am Jun 28, 2016 7:20am
Quoting pips29
{quote} closing 40% of trade and stop moved to b/e...gonna grab some lunch..... bbl {image}
Well done. I haven't looked at the GBP pairs yet.
Thanks for your help, warmth and straight talking Heather.
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