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A very simple system - trade with arrow

  • #1,601
  • Edited 11:41am Feb 16, 2017 10:42am | Edited 11:41am
Quoting pips29
I have been waiting for this patiently since yesterday...LL and you'll see previous price action (ppa) {image}
took a shot as I got tired of watching...there is a pending sell above too EDit: pending sell triggered which means I've got 2 positions...
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 63 KB
the cautious seldom err....C
  • #1,602
  • Feb 16, 2017 11:44am Feb 16, 2017 11:44am
feeling very sick with this ...I've got support in the form of yesterday's low, day 200 ema plus horizontal s/r. I normally do not move to b/e so quickly which cost me close to 50 green pips
Attached Image (click to enlarge)
Click to Enlarge Name: WTIH7M5.png Size: 41 KB
the cautious seldom err....C
  • #1,603
  • Feb 17, 2017 4:01am Feb 17, 2017 4:01am
Quoting pips29
{quote} may I ask how long you've been trading
Hi sir , sorry for the late reply . Im trading for 6months sir .
CHECK MY TE !
  • #1,604
  • Feb 17, 2017 4:40am Feb 17, 2017 4:40am
Quoting pips29
{quote} took a shot as I got tired of watching...there is a pending sell above too EDit: pending sell triggered which means I've got 2 positions... {image}
when price was spending a lot of time at S/r it normally mean that this area is not strong....for this reason I removed one position and hang on to the other..I would have locked in at b/e+ when price was 17 pips in my favour if I were at the computer at that time (the cci was still above the 0 line (bullish)...anyway,not to grumble as I will get my lost pips back later on
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 55 KB
the cautious seldom err....C
  • #1,605
  • Feb 17, 2017 12:33pm Feb 17, 2017 12:33pm
I guess I am overtrading
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.jpg Size: 60 KB
the cautious seldom err....C
  • #1,606
  • Feb 17, 2017 12:40pm Feb 17, 2017 12:40pm
Quoting pips29
I guess I am overtrading {image}
Of one day?
  • #1,607
  • Feb 17, 2017 12:45pm Feb 17, 2017 12:45pm
Quoting Avengedh
{quote} Of one day?
Last week my equity curve showed just over 80 trades ,so it's a week's trading of just over 50 trades..btw it's manual trading..I need to point out I still have a few positions left on g/u (in drawdown) and only one position on the geppy which I entered long a couple of hours ago
the cautious seldom err....C
  • #1,608
  • Feb 17, 2017 12:48pm Feb 17, 2017 12:48pm
Quoting pips29
{quote} Last week my equity curve showed just over 80 trades ,so it's a week's trading of just over 50 trades..btw it's manual trading
Well if things are done well every opportunity is well received, you are full-time Trader?
  • #1,609
  • Feb 17, 2017 12:51pm Feb 17, 2017 12:51pm
here's the long on the geppy.....strictly pa
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 48 KB
the cautious seldom err....C
  • #1,610
  • Feb 17, 2017 12:53pm Feb 17, 2017 12:53pm
Quoting Avengedh
{quote} Well if things are done well every opportunity is well received, you are full-time Trader?
yeah, full time
the cautious seldom err....C
  • #1,611
  • Feb 17, 2017 12:57pm Feb 17, 2017 12:57pm
Quoting pips29
{quote} yeah, full time
Nice, I have a question, how you use the cci?
  • #1,612
  • Feb 17, 2017 1:00pm Feb 17, 2017 1:00pm
usd/chf 4 hour chart
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFH4.png Size: 62 KB
the cautious seldom err....C
  • #1,613
  • Feb 17, 2017 1:02pm Feb 17, 2017 1:02pm
Quoting Avengedh
{quote} Nice, I have a question, how you use the cci?
I am going to have my dinner and perhaps we can talk more over the week..seeya
the cautious seldom err....C
  • #1,614
  • Feb 17, 2017 1:05pm Feb 17, 2017 1:05pm
Quoting Lookleft
{quote} First post has everything you should need.
Hi, i asked because the screenshots on the first page seem to be different from recent ones, which i thought might have been a version upgrade and improvement. so is it the settings that are different? or the interface? or the versions?
Much Regards.
  • #1,615
  • Feb 17, 2017 9:33pm Feb 17, 2017 9:33pm
Quoting pips29
here's the long on the geppy.....strictly pa {image}
Hi pips29,

your PA analysis very great to learn.
looking to hear more from you
Let Market Tell You
  • #1,616
  • Feb 18, 2017 6:59am Feb 18, 2017 6:59am
Quoting wisefool
{quote} Hi, i asked because the screenshots on the first page seem to be different from recent ones, which i thought might have been a version upgrade and improvement. so is it the settings that are different? or the interface? or the versions? Much Regards.
yes, it's still the same for trading with the trend..I am actually waiting for FG or someone else to take the lead in this trend following method while I dabble in some "trend retracement" method or in other words "picking tops/bottoms" which tend to be messy with smelly fingers as well, just joking. I will get back to trend following and show the trades from Monday...just you wait
the cautious seldom err....C
  • #1,617
  • Feb 18, 2017 7:01am Feb 18, 2017 7:01am
Quoting wisefool
{quote} Hi, i asked because the screenshots on the first page seem to be different from recent ones, which i thought might have been a version upgrade and improvement. so is it the settings that are different? or the interface? or the versions? Much Regards.
Hi,
Everything you need is in the Pips26Dec16 file. The main components are the 34 and 10 ema, TMS 10ema Dashboard, Simple34ema_h4_h1_m30 and Daily Open Line. After that it is down to your style of trading if you add pivots and a TDI. Remember that the less indicators you have on a chart the easier it will be to see PA.
In very simple terms you are looking for price to be in a trend, wait for it to pull back and bounce off the 34ema and enter when it breaks the 10ema. You also need to watch PA so that you don't trade into trouble.
Hope this helps.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,618
  • Feb 18, 2017 7:09am Feb 18, 2017 7:09am
Quoting Avengedh
{quote} Nice, I have a question, how you use the cci?
Hi! if you use the trend following method then this chart with some explained notes on the cci will improve your trading, I'm sure..I am just generalising as you have to look left to see ppa and where your targets could be BUT you will start off right until proven wrong...you will get more winners than losers definitely
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 58 KB
the cautious seldom err....C
  • #1,619
  • Feb 18, 2017 8:00am Feb 18, 2017 8:00am
Quoting Monokl
{quote} Hi pips29, your PA analysis very great to learn. looking to hear more from you
I am happy to say I am still learning.."a person who has all the answers has not been asked all the questions" quoting C
the cautious seldom err....C
  • #1,620
  • Feb 18, 2017 4:23pm Feb 18, 2017 4:23pm
Quoting pips29
{quote} Hi! if you use the trend following method then this chart with some explained notes on the cci will improve your trading, I'm sure..I am just generalising as you have to look left to see ppa and where your targets could be BUT you will start off right until proven wrong...you will get more winners than losers definitely {image}
Now I understand your images much better. Thank you!
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