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A very simple system - trade with arrow

  • #1,481
  • Feb 1, 2017 1:27pm Feb 1, 2017 1:27pm
I don't know about you guys but lately my platform happens to freeze when hin is announced and on this occasion for more than 15 minutes..Please let me know if you do experience similar with your platform..your info will be much appreciated...thanks
the cautious seldom err....C
  • #1,482
  • Feb 1, 2017 3:28pm Feb 1, 2017 3:28pm
my third entry on crude oil..locked in at b/e+.....will end up with 3 out of 3 winners with oil
Attached Image (click to enlarge)
Click to Enlarge Name: WTIH7M5.png Size: 54 KB
the cautious seldom err....C
  • #1,483
  • Feb 2, 2017 1:35am Feb 2, 2017 1:35am
Quoting pips29
I don't know about you guys but lately my platform happens to freeze when hin is announced and on this occasion for more than 15 minutes..Please let me know if you do experience similar with your platform..your info will be much appreciated...thanks
I've been getting disconnects recently when big news events happen on both my brokers. Usually only lasts a minute or two.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,484
  • Feb 2, 2017 3:02am Feb 2, 2017 3:02am
First of the day. Price had retraced into the 34ema. Waited for the break of the 10ema. Target was just above the RN
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 47 KB
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,485
  • Feb 2, 2017 4:17am Feb 2, 2017 4:17am
Quoting Lookleft
First of the day. Price had retraced into the 34ema. Waited for the break of the 10ema. Target was just above the RN Screenshot1.png;2168718 {image}
I reckon we have different opening time as your pivots are different from mine...looking at the trade I believe you closed it when price retraced from the pivot..if it was my platform price is already below the pivot and I will not see what you saw and hence would have left the trade alone or at the least wait for the candle to close...anyway, green pips are always welcome...I just thought I share .. EDit: sorry, I just realised you have set a target
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 54 KB
the cautious seldom err....C
  • #1,486
  • Feb 2, 2017 4:19am Feb 2, 2017 4:19am
Quoting Lookleft
{quote} I've been getting disconnects recently when big news events happen on both my brokers. Usually only lasts a minute or two.
thanks for the info...you are the only one who responded
the cautious seldom err....C
  • #1,487
  • Feb 2, 2017 4:25am Feb 2, 2017 4:25am
Quoting pips29
{quote} have a look at this http://www.forexfactory.com/attachme...4&d=1432405300
Thank you sir for the generousitiy for helping me out .
Appreciate you .
Thank you
CHECK MY TE !
  • #1,488
  • Feb 2, 2017 4:26am Feb 2, 2017 4:26am
Quoting aimsttrader
{quote} Thank you sir for the generousitiy for helping me out . Appreciate you . Thank you
may I ask how long you've been trading
the cautious seldom err....C
  • #1,489
  • Feb 2, 2017 4:34am Feb 2, 2017 4:34am
Quoting pips29
{quote} I reckon we have different opening time as your pivots are different from mine...looking at the trade I believe you closed it when price retraced from the pivot..if it was my platform price is already below the pivot and I will not see what you saw and hence would have left the trade alone or at the least wait for the candle to close...anyway, green pips are always welcome...I just thought I share .. EDit: sorry, I just realised you have set a target {image}
Trying a new target setting method. I had been having a lot of BE trades on this TF so did some back testing. Found that 85% of my BE trades made 15 pips so decided to try doing set and forget trades with 15 pip target unless there is an obvious bigger empty space. So far things are working out well.
My pivots are daily and my new daily open on this broker is 22:00 hrs GMT.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,490
  • Feb 2, 2017 4:39am Feb 2, 2017 4:39am
crude oil is facing R now and I am short
the cautious seldom err....C
  • #1,491
  • Feb 2, 2017 4:49am Feb 2, 2017 4:49am
Just grabbed another 15 pips from USDJPY after it backed itself into the 10ema and banged its head on YL. Entered on the break of the previous candle.
If any of you folks use the 34/10ema method, stick with the trend, watch PA and the emas. TDI and other stuff is useful but not really needed.

Edit: What made me think it would break through the pivot ? An old trader's saying (and I am old) of 'knock, knock, let me in'
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,492
  • Feb 2, 2017 4:54am Feb 2, 2017 4:54am
Quoting pips29
crude oil is facing R now and I am short
Thanks for the heads up. Means I'll start watching USDCAD
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,493
  • Feb 2, 2017 5:04am Feb 2, 2017 5:04am
Quoting Lookleft
Just grabbed another 15 pips from USDJPY after it backed itself into the 10ema and banged its head on YL. Entered on the break of the previous candle. If any of you folks use the 34/10ema method, stick with the trend, watch PA and the emas. TDI and other stuff is useful but not really needed. Edit: What made me think it would break through the pivot ? An old trader's saying (and I am old) of 'knock, knock, let me in'
yes, a very simple method and to be honest no other indicators are really necessary...just follow the trend using the 10/34 ema..you won't go far wrong
the cautious seldom err....C
  • #1,494
  • Feb 2, 2017 5:14am Feb 2, 2017 5:14am
are you just following trend on h15 or on any higher? h1?
  • #1,495
  • Feb 2, 2017 5:19am Feb 2, 2017 5:19am
Quoting Scrambleguy
are you just following trend on h15 or on any higher? h1?
I'm think you mean M15.
I follow M15 but cross check with H1 and H4, sometime the D1.

EURUSD has just taken a funny turn, what makes me think someone might know what Draghi talk contains
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,496
  • Feb 2, 2017 5:25am Feb 2, 2017 5:25am
Cheers N, I like to check what`s going on on h1 and h4, grabbing 15 pips randomly soon mounts up! staying away from euro and gbp today. Looks like uj will give up another 15 if this is just a pull back
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 102 KB
  • #1,497
  • Feb 2, 2017 5:32am Feb 2, 2017 5:32am
Quoting Scrambleguy
Cheers N, I like to check what`s going on on h1 and h4, grabbing 15 pips randomly soon mounts up! staying away from euro and gbp today.
Randomly, randomly ..... I don't trade randomly
Providing there is a trend in place I find it very easy to find 3 x 15 pips a day trades from LO and 3 after NYO on the 4 pairs I trade with this method.
EURUSD is pinned up against last months high so needs a good shove for anything to happen and the GBP is all over the place.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,498
  • Feb 2, 2017 5:48am Feb 2, 2017 5:48am
Quoting Scrambleguy
Looks like uj will give up another 15 if this is just a pull back {image}
It needs to break below the large bull candle for me to think about it. Then it is getting near last months low which will be a big stopper unless we get a Trumptweet. Looks like the market is having a rest before the Talking Heads so anything that happens is likely to be a knee jerk or a S/L hunt.

Hint: If you draw a down trend line things look clearer.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,499
  • Feb 2, 2017 6:32am Feb 2, 2017 6:32am
I've got issues with the platform again..I lost the chance of a winning trade and now in dd instead
the cautious seldom err....C
  • #1,500
  • Feb 2, 2017 6:44am Feb 2, 2017 6:44am
Quoting pips29
I've got issues with the platform again..I lost the chance of a winning trade and now in dd instead
Try going to Tools>Options>Charts and have a look at Max bars in chart. I have mine set to 5000. Think you have to close MT4 and reopen for it to come into effect.
Never argue with a fool; onlookers may not be able to tell the difference.
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