A very simple system - trade with arrow | Page 115 | Forex Factory

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A very simple system - trade with arrow

  • #2,281
  • May 10, 2017 10:56am May 10, 2017 10:56am
took a short looking at the bigger picture..might take sometime to reach my target
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the cautious seldom err....C
  • #2,282
  • May 10, 2017 11:03am May 10, 2017 11:03am
Quoting antonym
{quote} Hi pips29, Any reason you didn't enter the sell of USDCAD 4 bars earlier? Would you disclose where should the stoploss be placed for this trade? Thank you.
I was looking at H4 and saw a top wick and there was 10 mins left before the candle closes..I went to the 15 min tf and took it some 6-7 mins before the H4 close..the loss should be a few pips above the high made today
the cautious seldom err....C
  • #2,283
  • May 11, 2017 1:13am May 11, 2017 1:13am
Morning trades

GU long and UJ short
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  • #2,284
  • May 11, 2017 1:41am May 11, 2017 1:41am
Hmm stopped out on both.
total -14 pips. not the best entry, and also before london
  • #2,285
  • May 11, 2017 2:02am May 11, 2017 2:02am
Quoting lehmann
Hmm stopped out on both. total -14 pips. not the best entry, and also before london
Stick with it, there's always a lesson to learn from a failed trade.
AU might make a pullback for a long next.... Maybe.
Your trade order needs to be in the right place at the right time.
  • #2,286
  • Edited 3:38am May 11, 2017 3:19am | Edited 3:38am
Gone short on the break of the H1 34ema and several price rejections.
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Edit: Partial profits taken at +18 after big rejection of RN on M5
Never argue with a fool; onlookers may not be able to tell the difference.
  • #2,287
  • Edited 5:34am May 11, 2017 5:23am | Edited 5:34am
gone short u/y with another pending sell below..let's see...I am already short chf/yen with 2 entries as mentioned in earlier post EDit: pending sell triggered
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 58 KB
the cautious seldom err....C
  • #2,288
  • May 11, 2017 5:58am May 11, 2017 5:58am
behold on GBP red news
Do it like a Fool
  • #2,289
  • May 11, 2017 5:59am May 11, 2017 5:59am
Quoting pips29
gone short u/y with another pending sell below..let's see...I am already short chf/yen with 2 entries as mentioned in earlier post EDit: pending sell triggered {image}
i am still looking for it to go higher
Do it like a Fool
  • #2,290
  • May 11, 2017 5:59am May 11, 2017 5:59am
Quoting pips29
{quote} apa khabar? long time no see..I guess you are waiting for the 4 hour to close as well...in another 20 mins..
still taking little pips for the market, little by little
Do it like a Fool
  • #2,291
  • May 11, 2017 6:19am May 11, 2017 6:19am
Quoting Foolsgame
{quote} still taking little pips for the market, little by little
good, slow and steady..I forgot to remove my stop for the geppy before red news and so got penalised..damn
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 56 KB
the cautious seldom err....C
  • #2,292
  • May 11, 2017 6:23am May 11, 2017 6:23am
Quoting Foolsgame
{quote} i am still looking for it to go higher
yeah, but not today as the yen is strong...
the cautious seldom err....C
  • #2,293
  • May 11, 2017 6:58am May 11, 2017 6:58am
taken profit on one and stop at b/e+ on the other
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 59 KB
the cautious seldom err....C
  • #2,294
  • May 11, 2017 7:22am May 11, 2017 7:22am
Target reached just before US data. Would have closed manually before the news anyway.
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Never argue with a fool; onlookers may not be able to tell the difference.
  • #2,295
  • May 11, 2017 8:59am May 11, 2017 8:59am
Quoting pips29
taken profit on one and stop at b/e+ on the other {image}
I have added another entry and taken profit..my stop with the current entry left would have been hit if I had not removed it before red data from the US..I had one hit earlier with the geppy and once bitten twice shy..I did say the yen is strong
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 63 KB
the cautious seldom err....C
  • #2,296
  • May 11, 2017 9:02am May 11, 2017 9:02am
silly me took profit before smallish target was hit. ,anyway green pips are still profitable pips
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the cautious seldom err....C
  • #2,297
  • May 11, 2017 9:05am May 11, 2017 9:05am
Trade is now closed on this pair...feel real good
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 59 KB
the cautious seldom err....C
  • #2,298
  • May 11, 2017 9:08am May 11, 2017 9:08am
Quoting pips29
Trade is now closed on this pair...feel real good {image}
Congratulation!

I am wondering if you could discuss the reasons for entering a sell, at the time when price was still ranging and 10 was above 34 on both H1 and H4.
  • #2,299
  • May 11, 2017 9:09am May 11, 2017 9:09am
really cheesed off with this one..I don't know what came over me by moving my stop lower and so got shot down by the deputy
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPYM15.png Size: 59 KB
the cautious seldom err....C
  • #2,300
  • May 11, 2017 9:22am May 11, 2017 9:22am
daily n/u...we haven't got a close below the dark blue line drawn on my chart for a very long time and on several ocassions price went below and bounced back up...I am thinking it will be the same this time round..just because the rate was not raised the kiwi was dumped...let's see if I can find buyers by putting in the volume
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the cautious seldom err....C
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