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A very simple system - trade with arrow

  • #1,561
  • Feb 11, 2017 10:12am Feb 11, 2017 10:12am
I reckon this pair has potential to go lower...looking at the weekly you will see the highs and lows are getting lower
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 45 KB
the cautious seldom err....C
  • #1,562
  • Feb 12, 2017 12:04am Feb 12, 2017 12:04am
Quoting pips29
I thought I will show this after just learning how to do it just now...I have seen this curve on the the thread run by Davit (trading with pivots) but I don't understand the numbers on the bottom row..can someone tell me what those numbers are for {image}
The numbers along the bottom is the number of trades taken to coincide with the curve.
Success means going from failure to failure without loss of enthusiasm
  • #1,563
  • Feb 12, 2017 6:38am Feb 12, 2017 6:38am
Hi,

the system seems good but I always difficulties to separate range and trend zones.

have you got a technic to separate a range zone ?

Thanks
  • #1,564
  • Feb 12, 2017 9:50am Feb 12, 2017 9:50am
Quoting lisat
{quote}The numbers along the bottom is the number of trades taken to coincide with the curve.
Thanks for helping out
the cautious seldom err....C
  • #1,565
  • Feb 12, 2017 10:03am Feb 12, 2017 10:03am
Quoting Pascal13000
Hi, the system seems good but I always difficulties to separate range and trend zones. have you got a technic to separate a range zone ? Thanks
show us a chart so that we can understand what you mean..I draw lines on my chart mainly using H4,day and week...so a trend on the 15 min can actually be a range on the 4 hour....by drawing S/R lines on htf you can make many profitable trades using the 15 min. "trend" and targeting at the h/l of the range on htf...
the cautious seldom err....C
  • #1,566
  • Feb 12, 2017 10:21am Feb 12, 2017 10:21am
Quoting pips29
I reckon this pair has potential to go lower...looking at the weekly you will see the highs and lows are getting lower {image}
short is what I am looking at with some targets
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 54 KB
the cautious seldom err....C
  • #1,567
  • Feb 12, 2017 11:21am Feb 12, 2017 11:21am
Quoting pips29
I have never traded this pair but seeing it on the list of ten pairs to trade provided by ensale I will give it a go...stop is below 112 EDit: need to point out I have taken the trade when price missed my buy limits on the other 2 further below...so ,I've got only one position going for now {image}

Which currencies did he list? I've looked can't find the list.
  • #1,568
  • Feb 12, 2017 12:13pm Feb 12, 2017 12:13pm
Quoting jcat
{quote} Which currencies did he list? I've looked can't find the list.
I have saved this pdf in drive. Here it is
Attached File(s)
File Type: pdf 12 pair reccomended swing 2017 By Data Testing. (1).pdf   147 KB | 882 downloads
the cautious seldom err....C
  • #1,569
  • Feb 12, 2017 1:06pm Feb 12, 2017 1:06pm
I sometimes use this to see the relationship
Attached File(s)
File Type: pdf currency.pdf   3.1 MB | 891 downloads
the cautious seldom err....C
  • #1,570
  • Feb 13, 2017 5:09am Feb 13, 2017 5:09am
Looking at the 4 hour on this pair, there was a big bearish candle whose H/L remain intact( though pierced) with no close above the high or below the low...hmn..
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 51 KB
the cautious seldom err....C
  • #1,571
  • Feb 13, 2017 5:14am Feb 13, 2017 5:14am
could have taken the trades out for some decent profits but something held me back...forced myself later on to take some green pips as it's the first trading day of the week...hoping u/y will fall bringing this pair along
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM15.png Size: 51 KB
the cautious seldom err....C
  • #1,572
  • Feb 13, 2017 11:06am Feb 13, 2017 11:06am
I plan to short this pair but pa has been on the opposite side of a short, so I am letting this go for now and shorted eur/gbp instead when price on the 4 hour closed below the tl
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 51 KB
Click to Enlarge Name: EURGBPM15.png Size: 60 KB
the cautious seldom err....C
  • #1,573
  • Feb 13, 2017 5:02pm Feb 13, 2017 5:02pm
Quoting pips29
I plan to short this pair but pa has been on the opposite side of a short, so I am letting this go for now and shorted eur/gbp instead when price on the 4 hour closed below the tl {image} {image}
profit taken
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 46 KB
the cautious seldom err....C
  • #1,574
  • Feb 14, 2017 4:29am Feb 14, 2017 4:29am
Quoting pips29
Looking at the 4 hour on this pair, there was a big bearish candle whose H/L remain intact( though pierced) with no close above the high or below the low...hmn.. {image}
we just got a close above that bearish candle some 20 mins ago..I happened to see it and have gone long risking 20 for 50
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 64 KB
the cautious seldom err....C
  • #1,575
  • Feb 14, 2017 4:48am Feb 14, 2017 4:48am
Quoting pips29
I reckon this pair has potential to go lower...looking at the weekly you will see the highs and lows are getting lower {image}
I took the sell bias and was taking entries with a gap opening...price has broken the high of previous week and I am hoping the previous week low will also be broken ..if not my bias will turn neutral by the end of the week...let's see...Multiple entries with one loss and the rest either b/e or + pips...this morning had one entry reaching the target which is the gap closing candle...left with only one at the moment
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 62 KB
the cautious seldom err....C
  • #1,576
  • Feb 14, 2017 4:53am Feb 14, 2017 4:53am
started taking short on this pair with another sell limit higher up...entered at the 4 hr 34 ema
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 57 KB
the cautious seldom err....C
  • #1,577
  • Feb 14, 2017 4:56am Feb 14, 2017 4:56am
I am buying g/u and one buy limit was missed by half a pip...price looks to be rejected at the 34 ema of the daily EDit: please dyoa (do your own analysis)
the cautious seldom err....C
  • #1,578
  • Feb 14, 2017 9:14am Feb 14, 2017 9:14am
my platform froze again and iI had to take a couple of trades with the mobile
the cautious seldom err....C
  • #1,579
  • Feb 14, 2017 9:27am Feb 14, 2017 9:27am
lost 20 on a/u but got it back with e/g...also added 3 other positions on u/y
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 57 KB
Click to Enlarge Name: EURGBPM15.png Size: 56 KB
the cautious seldom err....C
  • #1,580
  • Feb 14, 2017 12:20pm Feb 14, 2017 12:20pm
a 10 ema touch play for 8 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 50 KB
the cautious seldom err....C
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