A very simple system - trade with arrow | Page 57 | Forex Factory

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A very simple system - trade with arrow

  • #1,121
  • Dec 8, 2016 1:09am Dec 8, 2016 1:09am
Trade using support resistance (SR)... No need to use indicators, instead learn the PC strategy, CBR strategy and reversal patterns. After learning practice everyday for 1 year in order to master the price movement when to bounce and when to break, when to trade and when not to trade and many other factors that can affect big price movement.
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  • #1,122
  • Dec 8, 2016 6:24am Dec 8, 2016 6:24am
My pending order was hit and is now beginning to go to my TP.
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  • #1,123
  • Dec 8, 2016 6:33am Dec 8, 2016 6:33am
My 30 minutes chart, lets see after few hours if my entry will gain more pips.
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  • #1,124
  • Dec 8, 2016 8:31pm Dec 8, 2016 8:31pm
My trading result based on my posted chart yesterday, gained 70 pips using my SR, PC, CBR and Reversal pattern strategy.
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  • #1,125
  • Dec 9, 2016 5:45am Dec 9, 2016 5:45am
gone short
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the cautious seldom err....C
  • #1,126
  • Dec 9, 2016 5:47am Dec 9, 2016 5:47am
short taken earlier and locked in at b/e+ tp 50 pips
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the cautious seldom err....C
  • #1,127
  • Dec 9, 2016 5:51am Dec 9, 2016 5:51am
Quoting doelcs
My trading result based on my posted chart yesterday, gained 70 pips using my SR, PC, CBR and Reversal pattern strategy. {image}
good trades doelcs. Can you please tell me what is PC,CBR and reversal pattern..thanks
the cautious seldom err....C
  • #1,128
  • Dec 9, 2016 5:52am Dec 9, 2016 5:52am
Quote
pips29
can u share currency strength indi?
  • #1,129
  • Dec 9, 2016 6:18am Dec 9, 2016 6:18am
Quoting pips29
gone short {image}
stopped out for -25 . The yen is weak but I thought the euro will be weaker. Anyway , covered my loss with this gain
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the cautious seldom err....C
  • #1,130
  • Dec 9, 2016 6:26am Dec 9, 2016 6:26am
http://www.forexfactory.com/attachme...9&d=1451893227 for saranga
the cautious seldom err....C
  • #1,131
  • Dec 9, 2016 6:41am Dec 9, 2016 6:41am
Quote
http://www.forexfactory.com/attachme...9&d=1451893227 for saranga
thank pip29
  • #1,132
  • Dec 9, 2016 9:08am Dec 9, 2016 9:08am
Attached File(s)
File Type: tpl pips29 m15.tpl   52 KB | 602 downloads
latest template
the cautious seldom err....C
  • #1,133
  • Dec 9, 2016 11:28am Dec 9, 2016 11:28am
re entered and out
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the cautious seldom err....C
  • #1,134
  • Dec 9, 2016 11:36am Dec 9, 2016 11:36am
I chased this trade and nearly paid for it as I was very close to being stopped out , my stop was a few pips below the dol., sometimes, luck comes into play as well. I am also short A/U . Before the close of market I will make a decision
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the cautious seldom err....C
  • #1,135
  • Dec 10, 2016 1:23am Dec 10, 2016 1:23am
Hi pips29,
can you tell me how do you call the indic "arrows M15H1H4D1W1". can you share its?
  • #1,136
  • Dec 10, 2016 4:45am Dec 10, 2016 4:45am
Quoting Misio2401
Hi pips29, can you tell me how do you call the indic "arrows M15H1H4D1W1". can you share its?
misio, the indicators can be found using the paperclip on the top right of the thread. It is called the 10 ema dashboard. There is a 34 ema dashboard too made by FG (thread owner)for me..thanks buddy. Let us know if you understand how to use the indicators on the chart..no point adding more indicators and not using them to your advantage. Don't be a "slave" to indicators but the "master"
the cautious seldom err....C
  • #1,137
  • Dec 10, 2016 7:20am Dec 10, 2016 7:20am
Quoting pips29
I chased this trade and nearly paid for it as I was very close to being stopped out , my stop was a few pips below the dol., sometimes, luck comes into play as well. I am also short A/U . Before the close of market I will make a decision {image}
Hi pips29 i hope you are doing well we don't have talk long time ago but i em following your posts time after time! Can i ask you what:
-What makes tradble 1 pair for you during the day;
Because is see that you most trade brekouts and divergences!?
Thanc you in advace your friend Mizi
  • #1,138
  • Dec 10, 2016 8:36am Dec 10, 2016 8:36am
Quoting pips29
{quote} misio, the indicators can be found using the paperclip on the top right of the thread. It is called the 10 ema dashboard. There is a 34 ema dashboard too made by FG (thread owner)for me..thanks buddy. Let us know if you understand how to use the indicators on the chart..no point adding more indicators and not using them to your advantage. Don't be a "slave" to indicators but the "master"
Thank you very much pips29, for your answer,
I will be grateful to you if you say a few words, how you use it
  • #1,139
  • Dec 10, 2016 8:55am Dec 10, 2016 8:55am
Quoting mizi123
{quote} Hi pips29 i hope you are doing well we don't have talk long time ago but i em following your posts time after time! Can i ask you what: -What makes tradble 1 pair for you during the day; Because is see that you most trade brekouts and divergences!? Thanc you in advace your friend Mizi
Hi mizi, I don't have a favourite pair. I will trade when I reckon I am able to gain some pips..I am more flexible now and will trade the "current" situation rather than wait for events to play out..hence I don't do big picture planning nowadays. When I trade the 15 min which I will continue doing from next week I will take a look at the 4 hour but I put more weight on the 1 hour for direction. Divergence is not something I look for before a trade but if it happens it is just "added confidence" The 10 and 34 ema will be "guides" for my entries..you will see more of how I use these from now on as I concentrate on trend following. With CT trading one needs to understand much more than what is required for trend following and it's simpler. If you use pivots to trade CT you would have lost the farm with a trade like Cad/Yen just to mention one of many "fails".On a different note, hope all's well with you too. Catch you later
the cautious seldom err....C
  • #1,140
  • Dec 11, 2016 10:51pm Dec 11, 2016 10:51pm
Hi pips29, those trading terms are the product of my own analysis from my acquired paid modules and free modules taken from the internet and paid training. i religiously follow the price action without using any indicators bcuz that was the teaching of the expensive module i paid, it is purely price action. Ok, SR (Support Resistance) atleast you know how to identify support and resistance like major SR and minor SR because price bounce back and port or break to this area, PC (Price Consolidation) price move and stop then move and stop again, when price stop i call it PC. After many months of recording my trading activities thru my trading journal my CBR strategy module was created as the result of PC and SR strategy. IF you notice price Consolidate then Break Out, but before price will BO again price Retraces then continue to break out,, when to trade? its about timing using reversal patterns. Of course nothing is perfect, sometime we loss but not bcuz of the strategy but bcuz of too much confidence, miscalculation and overtrade.
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