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A very simple system - trade with arrow

  • #901
  • Aug 23, 2016 6:21am Aug 23, 2016 6:21am
Quoting Foolsgame
how do you think of Uj short bro pips? {image}
It looks bearish but I need to see price break the TL before I am totally convinced of its direction. The green TDI might even bounce from the yellow...so not marinated long enough to cook...no trade for me
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY H4 (08-23-2016 1218).png Size: 46 KB
the cautious seldom err....C
  • #902
  • Aug 23, 2016 6:30am Aug 23, 2016 6:30am
Quoting Foolsgame
{quote} i got my entry after seeing the TDI and HA turn {image}
GL...I won't be buying sterling strength looking at the 4 hour chart of g/u...just my 2 cents EDit: pending buy for the loonie has been removed
the cautious seldom err....C
  • #903
  • Aug 23, 2016 6:40am Aug 23, 2016 6:40am
Quoting pips29
{quote} GL...I won't be buying sterling strength looking at the 4 hour chart of g/u...just my 2 cents EDit: pending buy for the loonie has been removed
I have been watching the way you trade hope you do not mind this question, what on the GU 4hr chart put you off of buying I cannot see anything that would put me off so wanted your perspective?

Edit: I think I see it on your template is it the 200ema?
Success means going from failure to failure without loss of enthusiasm
  • #904
  • Aug 23, 2016 6:56am Aug 23, 2016 6:56am
Quoting lisat
{quote}I have been watching the way you trade hope you do not mind this question, what on the GU 4hr chart put you off of buying I cannot see anything that would put me off so wanted your perspective? Edit: I think I see it on your template is it the 200ema?
pull out your chart... there are quite a lot of resistance, asnwer yourself before pips29 reply so that you can learn more
Do it like a Fool
  • #905
  • Aug 23, 2016 7:09am Aug 23, 2016 7:09am
Quoting Foolsgame
{quote} pull out your chart... there are quite a lot of resistance, asnwer yourself before pips29 reply so that you can learn more
That is the reason I asked because I cannot see the resistance apart from the 200ema I am not a new trader and I do not think I ask questions flippantly.
Success means going from failure to failure without loss of enthusiasm
  • #906
  • Aug 23, 2016 8:01am Aug 23, 2016 8:01am
Quoting lisat
{quote}That is the reason I asked because I cannot see the resistance apart from the 200ema I am not a new trader and I do not think I ask questions flippantly.
it is not what i mean bro/sis, i means attached a chart here so that easily for you and other to see. here you go my GU chart, betcha you can see something
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 60 KB
Do it like a Fool
  • #907
  • Aug 23, 2016 8:09am Aug 23, 2016 8:09am
Quoting Foolsgame
{quote} it is not what i mean bro/sis, i means attached a chart here so that easily for you and other to see. here you go my GU chart, betcha you can see something {image}
Ok I see I only have 1.3 1.35 etc on my chart I find the smaller brns put me off more than help me but I do see what you mean now thank you.
Success means going from failure to failure without loss of enthusiasm
  • #908
  • Aug 23, 2016 8:20am Aug 23, 2016 8:20am
Quoting lisat
{quote}Ok I see I only have 1.3 1.35 etc on my chart I find the smaller brns put me off more than help me but I do see what you mean now thank you.
just my point of view, bro pips might have something better to say. don trust me, im just an amatuer trying to become pro
Do it like a Fool
  • #909
  • Aug 23, 2016 8:26am Aug 23, 2016 8:26am
Quoting lisat
{quote}I have been watching the way you trade hope you do not mind this question, what on the GU 4hr chart put you off of buying I cannot see anything that would put me off so wanted your perspective? Edit: I think I see it on your template is it the 200ema?
FG has mentioned most of the things but as we have different H4 candles because of broker platform, I also have 4 hour horinzontal as well as TL resisistence. Moreover if you look at the TDi, it is not getting higher than the most recent high whereas price has broken the recent high
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H4 (08-23-2016 1428).png Size: 67 KB
the cautious seldom err....C
  • #910
  • Aug 23, 2016 8:41am Aug 23, 2016 8:41am
Quoting Foolsgame
{quote} i got my entry after seeing the TDI and HA turn {image}
BE hit
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 72 KB
Do it like a Fool
  • #911
  • Aug 23, 2016 8:41am Aug 23, 2016 8:41am
Quoting pips29
{quote} FG has mentioned most of the things but as we have different H4 candles because of broker platform, I also have 4 hour horinzontal as well as TL resisistence. Moreover if you look at the TDi, it is not getting higher than the most recent high whereas price has broken the recent high {image}
Thank you for your answer very helpful.
Success means going from failure to failure without loss of enthusiasm
  • #912
  • Aug 23, 2016 8:45am Aug 23, 2016 8:45am
the loonie has been a bit of a tease. I like the long better but she is just not convincing enough. I wish she would remove everything and let me see her naked in order to place my trade
the cautious seldom err....C
  • #913
  • Aug 23, 2016 8:51am Aug 23, 2016 8:51am
Quoting pips29
the loonie has been a bit of a tease. I like the long better but she is just not convincing enough. I wish she would remove everything and let me see her naked in order to place my trade
im not quite convince with it too, but i put this on short
Do it like a Fool
  • #914
  • Aug 23, 2016 8:59am Aug 23, 2016 8:59am
Quoting Foolsgame
{quote} im not quite convince with it too, but i put this on short
don't short bro., the TDi on H4 is still above the 50 level
the cautious seldom err....C
  • #915
  • Aug 23, 2016 9:07am Aug 23, 2016 9:07am
Quoting pips29
{quote} don't short bro., the TDi on H4 is still above the 50 level
i means after break the TL below
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 83 KB
Do it like a Fool
  • #916
  • Aug 23, 2016 11:05am Aug 23, 2016 11:05am
I have gone long finally, just playing the lines I got my chart on the 4 hour...those are no ordinary lines but are levels of S/R
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H4 (08-23-2016 1703).png Size: 52 KB
the cautious seldom err....C
  • #917
  • Aug 23, 2016 11:12am Aug 23, 2016 11:12am
I don't know what caused the spike up with oil which cost me some pips. I am just about b/e if I close this entry now. Just playing with the lines drawn on H4 and earlier analysis on the daily...let's see
Attached Image (click to enlarge)
Click to Enlarge Name: USOil H1 (08-23-2016 1708).png Size: 42 KB
the cautious seldom err....C
  • #918
  • Aug 23, 2016 11:20am Aug 23, 2016 11:20am
I think I will go for a walk down the seafront. It's been frustrating thus far....bbl
the cautious seldom err....C
  • #919
  • Aug 23, 2016 1:27pm Aug 23, 2016 1:27pm
taken 1 off and moved stop to b/e. I will remove the stop just before closing as the widening of spread can kick you out of the trade
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H1 (08-23-2016 1926).png Size: 48 KB
the cautious seldom err....C
  • #920
  • Aug 24, 2016 3:33am Aug 24, 2016 3:33am
I am out of both ucad and US oil
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCAD m15 (08-24-2016 0932).png Size: 48 KB
Click to Enlarge Name: USOil m15 (08-24-2016 0932).png Size: 47 KB
the cautious seldom err....C
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