A very simple system - trade with arrow | Page 112 | Forex Factory

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A very simple system - trade with arrow

  • #2,221
  • May 5, 2017 5:03am May 5, 2017 5:03am
Its NFP day, so its gonna be volatile, will sit on my hands until after
  • #2,222
  • May 5, 2017 5:04am May 5, 2017 5:04am
Took trade when 10 EMA was tested then price closed below.
14 SL with 28 Target [2R]
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 5 5 17.png Size: 27 KB
Your trade order needs to be in the right place at the right time.
  • #2,223
  • May 5, 2017 5:09am May 5, 2017 5:09am
Quoting pips29
the 4 hour candle that closed 25 mins ago...beeb on both ecad and eaud...will look to sell..any thoughts? {image} {image}
If I was to pick one I would be looking to sell ECAD around 1.51140 if the PA was right.
Your trade order needs to be in the right place at the right time.
  • #2,224
  • May 5, 2017 5:10am May 5, 2017 5:10am
Quoting lehmann
Its NFP day, so its gonna be volatile, will sit on my hands until after
which currency will perform better or worse if nfp is pro usd? we only need to know this..and that mean going to past data to find out
the cautious seldom err....C
  • #2,225
  • May 5, 2017 5:12am May 5, 2017 5:12am
Quoting Islandfx911
{quote} If I was to pick one I would be looking to sell ECAD around 1.51140 if the PA was right.
that level is the 50 % fib retracement
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM15.png Size: 52 KB
the cautious seldom err....C
  • #2,226
  • Edited 5:33am May 5, 2017 5:23am | Edited 5:33am
Quoting pips29
{quote} that level is the 50 % fib retracement {image}
Chart is just my current view and not set in stone. Any thing can happen at NFP, all levels of support & resistance can get wiped out. I'll wait and see what happens after the news.
Attached Image (click to enlarge)
Click to Enlarge Name: EC Scenario.png Size: 45 KB
Your trade order needs to be in the right place at the right time.
  • #2,227
  • May 5, 2017 5:25am May 5, 2017 5:25am
I checked the past 4 nfp and on a good nfp ecad ended bullish close and vice versa
the cautious seldom err....C
  • #2,228
  • May 5, 2017 8:58am May 5, 2017 8:58am
my first trade after nfp...long cable looking for 1.305
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 52 KB
the cautious seldom err....C
  • #2,229
  • May 5, 2017 9:05am May 5, 2017 9:05am
long kiwi as well
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 58 KB
the cautious seldom err....C
  • #2,230
  • May 5, 2017 9:33am May 5, 2017 9:33am
Quoting Islandfx911
{quote} Chart is just my current view and not set in stone. Any thing can happen at NFP, all levels of support & resistance can get wiped out. I'll wait and see what happens after the news. {image}
Did you take this trade ?
the cautious seldom err....C
  • #2,231
  • May 6, 2017 11:41pm May 6, 2017 11:41pm
Quoting Foolsgame
BUY Daily chart Price> 10 ema > 34ema H4: price > 10ema > 34ema 15M chart: price > 10ema > 34ema(arrow appear for more confirmation) SELL Daily chart Price < 10 ema < 34ema H4 chart: price <1 0ema < 34ema 15M chart: price < 10ema < 34ema(arrow appear for more confirmation) TREND go with 200 ema in daily(LINK: http://www.forexfactory.com/showthre...28#post9011128) exception: e/g, n/u ,a/u,gold and oil. PASR Trend lines in daily and H4 all and the SD and SR area in daily and H4 candle formation in H1 Trend lines,candle formation...
In my view. i Don't think that indicators or any MA works. because they all shows the last movement of market and we cannot depend on guessing the market trend. Sometimes our guess works well and then sometimes it doesn't work.
So i do believe in a system where there is a complete planning coded for future market price by keeping in view the profit and loss amount. So don't waste your time in all these things.
Thanks.
  • #2,232
  • Edited 5:30am May 8, 2017 4:38am | Edited 5:30am
first trade of the morning...short u/y.. EDit: profit taken
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 56 KB
Click to Enlarge Name: USDJPYM15a.png Size: 55 KB
the cautious seldom err....C
  • #2,233
  • May 8, 2017 5:25am May 8, 2017 5:25am
gone long
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 55 KB
the cautious seldom err....C
  • #2,234
  • May 8, 2017 5:56am May 8, 2017 5:56am
short cad/yen
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM15.png Size: 65 KB
the cautious seldom err....C
  • #2,235
  • May 8, 2017 6:34am May 8, 2017 6:34am
Quoting Robotrater
{quote} In my view. i Don't think that indicators or any MA works. because they all shows the last movement of market and we cannot depend on guessing the market trend. Sometimes our guess works well and then sometimes it doesn't work. So i do believe in a system where there is a complete planning coded for future market price by keeping in view the profit and loss amount. So don't waste your time in all these things. Thanks.
then why are you here for?
Do it like a Fool
  • #2,236
  • May 8, 2017 8:01am May 8, 2017 8:01am
Quoting pips29
gone long {image}
taken profit...only traders who do not know how to use indicators to their advantage will always say they don't work
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 62 KB
the cautious seldom err....C
  • #2,237
  • Edited 8:52am May 8, 2017 8:18am | Edited 8:52am
gone long cable on the 1 hour EDit: got killed with -26
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 63 KB
the cautious seldom err....C
  • #2,238
  • May 8, 2017 8:32am May 8, 2017 8:32am
Quoting pips29
{quote} taken profit...only traders who do not know how to use indicators to their advantage will always say they don't work {image}
Well done Pips,
I was long from 7724, target was [+50] missed by 3 pips and just stopped out for +4.
Attached Image (click to enlarge)
Click to Enlarge Name: GCAD 8 5 17.png Size: 26 KB
Your trade order needs to be in the right place at the right time.
  • #2,239
  • May 8, 2017 8:36am May 8, 2017 8:36am
Quoting Islandfx911
{quote} Well done Pips, I was long from 7724, target was [+50] missed by 3 pips and just stopped out for +4. {image}
hard luck..i try not to be too greedy on Mondays
the cautious seldom err....C
  • #2,240
  • May 8, 2017 8:57am May 8, 2017 8:57am
added long entry on aud/usd based on a pattern on H1..it's a ct trade
the cautious seldom err....C
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