A very simple system - trade with arrow | Page 60 | Forex Factory

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A very simple system - trade with arrow

  • #1,181
  • Dec 14, 2016 4:01am Dec 14, 2016 4:01am
Quoting pips29
{quote} almost the same entry as price moved above the day 34 ema except my exit was a bit earlier...good trade LL..join us here, we need traders like you to help the less experienced ones here
Thanks Pips.
Bit of a classic entry. Price bounced off 34ema, closed above daily 34ema and a golden cross on the TDI. It screamed BUY ME as soon as I saw it unfold.
Hope to be around a bit more as this seems a nice place
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,182
  • Dec 14, 2016 5:34am Dec 14, 2016 5:34am
Quoting pips29
would be very annoyed if other scalps did not work out as I did not allow room for this trade to move towards my target {image}
Hi pips29, can you share your template and indicator here??
  • #1,183
  • Dec 14, 2016 8:03am Dec 14, 2016 8:03am
pips29 your charts look very nice. Why i don't found this thread earlier I have the same request like northFXboy and I can't find where you make tp and sl's.
Thanks pips29 and Foolsgame for your knowledge. I want to learn and join here with my charts
"The essence of Discipline is that there are no exceptions" - Jack Schwager
  • #1,184
  • Edited 8:51am Dec 14, 2016 8:36am | Edited 8:51am
Quoting northFXboy
{quote} Hi pips29, can you share your template and indicator here??
Pls go to post 1132 for the latest template...Fg posted my template on page 1 of this thread. Please post the chart and we can get going..I am not good with posting template and that's why I always ask for feedback but nobody bothers
the cautious seldom err....C
  • #1,185
  • Dec 14, 2016 8:41am Dec 14, 2016 8:41am
Quoting Panisko
pips29 your charts look very nice. Why i don't found this thread earlier I have the same request like northFXboy and I can't find where you make tp and sl's. Thanks pips29 and Foolsgame for your knowledge. I want to learn and join here with my charts
My tp and sl are set when I am away from the computer. I will move my stop to b/e or removed it when the trade goes in my favour and when I am monitoring the trade. You will see the next trade which I will be posting after this post where you will see the stop/target as I was away from the computer
the cautious seldom err....C
  • #1,186
  • Dec 14, 2016 8:46am Dec 14, 2016 8:46am
I took this trade as my afternoon session after US data. I soon left the house on lady boss command and before leaving I set a wide stop and a reasonable target. I got back a short while ago and closed the trade. I am just adding to the morning harvest as a "bonus"..no heroics until fomc is over
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 55 KB
the cautious seldom err....C
  • #1,187
  • Dec 14, 2016 9:02am Dec 14, 2016 9:02am
Quoting pips29
{quote} My tp and sl are set when I am away from the computer. I will move my stop to b/e or removed it when the trade goes in my favour and when I am monitoring the trade. You will see the next trade which I will be posting after this post where you will see the stop/target as I was away from the computer
The blue line is the target and the red is the stop on MT4 platform
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 51 KB
the cautious seldom err....C
  • #1,188
  • Dec 14, 2016 4:12pm Dec 14, 2016 4:12pm
took a short when price was rejected at the 34 ema and about to close with bearish candle. I am locking in at b/e and off to bed now .Target is just under 100 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 59 KB
the cautious seldom err....C
  • #1,189
  • Dec 15, 2016 2:49am Dec 15, 2016 2:49am
this morning trade
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM15.png Size: 51 KB
the cautious seldom err....C
  • #1,190
  • Dec 15, 2016 2:56am Dec 15, 2016 2:56am
Quoting pips29
took a short when price was rejected at the 34 ema and about to close with bearish candle. I am locking in at b/e and off to bed now .Target is just under 100 pips {image}
I took profit after hin .I was not aware of the news when I took this trade. All that was on my mind was the fomc
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 58 KB
the cautious seldom err....C
  • #1,191
  • Dec 15, 2016 3:00am Dec 15, 2016 3:00am
Quote
i took profit after hin .i was not aware of the news when i took this trade. All that was on my mind was the fomc
hi nice trading pip29
Attached Image (click to enlarge)
Click to Enlarge Name: Picture10.jpg Size: 45 KB
  • #1,192
  • Dec 15, 2016 3:03am Dec 15, 2016 3:03am
decided to close this trade
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYH4.png Size: 63 KB
the cautious seldom err....C
  • #1,193
  • Dec 15, 2016 3:15am Dec 15, 2016 3:15am
smallish profit with bigger pip value
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 59 KB
the cautious seldom err....C
  • #1,194
  • Dec 15, 2016 3:28am Dec 15, 2016 3:28am
I took profit manually with one entry before fomc and the other was stopped out during fomc....look at how price bust thru' those pivots..trading pivots without understanding is a big no no because price has no respect for such things. Price does what it does..those who use pivots and sold A/Y @ 83 and sold u/y yesterday as well as buying e/u all are roasted..caution: do not use pivots blindly..you've been warned
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFH4.png Size: 57 KB
the cautious seldom err....C
  • #1,195
  • Dec 15, 2016 3:33am Dec 15, 2016 3:33am
these are the other 2 entries taken this morning and the ones I have outstanding. I will look for more come NY session
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 49 KB
Click to Enlarge Name: USDCADM15.png Size: 50 KB
the cautious seldom err....C
  • #1,196
  • Dec 15, 2016 3:51am Dec 15, 2016 3:51am
most of the indicator pips29 as attached. i will update first post when i am free.. green pips guys
Attached File(s)
File Type: ex4 CurrencyStrengthAlerts (2).ex4   48 KB | 537 downloads
File Type: ex4 Simple34EMA_H4_H1_30.ex4   19 KB | 449 downloads
File Type: ex4 Synergy_APB.ex4   4 KB | 431 downloads
File Type: ex4 TDI-RT-Clone.ex4   15 KB | 572 downloads
File Type: ex4 TMS 10EMA Dashboard.ex4   23 KB | 474 downloads
File Type: ex4 TMS 34EMA Dashboard.ex4   22 KB | 538 downloads
Do it like a Fool
  • #1,197
  • Dec 15, 2016 5:15am Dec 15, 2016 5:15am
took this on the 5 min. ..not going to be greedy and so took 20 pips..My task for today is already completed ..now for some X'mas bonuses
Attached Image (click to enlarge)
Click to Enlarge Name: USOUSDM5.png Size: 47 KB
the cautious seldom err....C
  • #1,198
  • Dec 15, 2016 5:20am Dec 15, 2016 5:20am
holy smoke , oil drops another 25 pips from where I took profit
the cautious seldom err....C
  • #1,199
  • Dec 15, 2016 5:25am Dec 15, 2016 5:25am
I added a long when price retraced back to the 34 ema and was rejected once again. Took the entry when price went above the 10 ema...
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 47 KB
the cautious seldom err....C
  • #1,200
  • Dec 15, 2016 5:43am Dec 15, 2016 5:43am
Quoting pips29
I added a long when price retraced back to the 34 ema and was rejected once again. Took the entry when price went above the 10 ema... {image}
ADR alert, mind it doesn't turn round a bite
Never argue with a fool; onlookers may not be able to tell the difference.
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