A very simple system - trade with arrow | Page 120 | Forex Factory

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A very simple system - trade with arrow

  • #2,381
  • May 19, 2017 3:31am May 19, 2017 3:31am
longs taken just mins ago
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 59 KB
Click to Enlarge Name: GBPUSDM15.png Size: 62 KB
the cautious seldom err....C
  • #2,382
  • May 19, 2017 3:47am May 19, 2017 3:47am
taht was quick..target hit
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 51 KB
the cautious seldom err....C
  • #2,383
  • May 19, 2017 3:49am May 19, 2017 3:49am
locking in at b/e+
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 63 KB
the cautious seldom err....C
  • #2,384
  • May 19, 2017 4:04am May 19, 2017 4:04am
gone long..spread is wide
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 51 KB
the cautious seldom err....C
  • #2,385
  • May 19, 2017 4:07am May 19, 2017 4:07am
Quoting pips29
locking in at b/e+ {image}
Took the money and ran
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 40 KB
Never argue with a fool; onlookers may not be able to tell the difference.
  • #2,386
  • May 19, 2017 4:12am May 19, 2017 4:12am
Quoting pips29
taht was quick..target hit {image}
Hi pips29,

It appears to me that EURJPY is making LH LL on H1. Would you mind explaining a bit more the reason for a bullish bias on EURJPY? Thank you.
  • #2,387
  • May 19, 2017 4:29am May 19, 2017 4:29am
Quoting antonym
{quote} Hi pips29, It appears to me that EURJPY is making LH LL on H1. Would you mind explaining a bit more the reason for a bullish bias on EURJPY? Thank you.
I don't see that . I see a low with a higher low on H1 .I am not saying this pair is bullish or not but the current movement was to the upside..Price move in waves and I am just "surfing".I took the entry upon the break of the H4 34 ema..Don't get bogged down too much with HH/HL, LH/LL unless you are looking at the longer term. It is enough to play the momentum at the current time to make a few pips here and there..I knew price will be able to meet my target where I set..If my target was 100 pips or more, then I will look at the higher tf to check if that's possible but for the moment I was looking at 30+ pips and so I place emphasis on the chart I am trading i.e the 15 min tf. Below is the 1 hour chart as you mention this tf..Incidentally the reason I locked in my cable trade at b/e so quickly is because I have put a target way above the adr and trying my luck..it's risk free
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 61 KB
the cautious seldom err....C
  • #2,388
  • May 19, 2017 4:36am May 19, 2017 4:36am
Quoting Lookleft
{quote} Took the money and ran {image}
Hi LL, how things with you? We were missing you..after seeing your post I am taking profit too
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 52 KB
the cautious seldom err....C
  • #2,389
  • May 19, 2017 4:39am May 19, 2017 4:39am
Quoting pips29
{quote} Hi LL, how things with you? We were missing you..after seeing your post I am taking profit too {image}
Hi pips,
Been on a bit of a holiday in sunny Spain. See you're still collecting the green ones
Never argue with a fool; onlookers may not be able to tell the difference.
  • #2,390
  • May 19, 2017 4:45am May 19, 2017 4:45am
Quoting Lookleft
{quote} Hi pips, Been on a bit of a holiday in sunny Spain. See you're still collecting the green ones
nice.I am putting on sunglasses and still waiting
the cautious seldom err....C
  • #2,391
  • May 19, 2017 5:01am May 19, 2017 5:01am
a longer term trade, perhaps..the daily..100 pips stop and 150 pips target
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 64 KB
the cautious seldom err....C
  • #2,392
  • May 19, 2017 5:09am May 19, 2017 5:09am
@LookLeft and Pips.

Does the 200 EMA affect your trading decisions?

Regards

Rob
Your trade order needs to be in the right place at the right time.
  • #2,393
  • May 19, 2017 5:13am May 19, 2017 5:13am
Quoting Islandfx911
@LookLeft and Pips. Does the 200 EMA affect your trading decisions? Regards Rob
for me, I look at the 200 ema on H4 and daily and trade with these in mind
the cautious seldom err....C
  • #2,394
  • May 19, 2017 5:19am May 19, 2017 5:19am
Quoting Islandfx911
@LookLeft and Pips. Does the 200 EMA affect your trading decisions? Regards Rob
Very much the same as Pips but I also keep an eye on my trading TF. If price is above the 200ema I generally look to buy, if below I sell and if it bounces off the ema I'm even more interested. EURUSD on the M15 was a good example this morning.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #2,395
  • May 19, 2017 5:33am May 19, 2017 5:33am
Quoting pips29
a longer term trade, perhaps..the daily..100 pips stop and 150 pips target {image}
I took a small short with more to follow...stop/limit set...gotta leave the house now...bbl
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 65 KB
the cautious seldom err....C
  • #2,396
  • May 19, 2017 5:40am May 19, 2017 5:40am
Quoting Lookleft
{quote} Very much the same as Pips but I also keep an eye on my trading TF. If price is above the 200ema I generally look to buy, if below I sell and if it bounces off the ema I'm even more interested. EURUSD on the M15 was a good example this morning.
Thanks LL. / Pips
EU 15min did gave a great setup long.
I need to look more at the 15min as I miss too many trades with 30min TF
Your trade order needs to be in the right place at the right time.
  • #2,397
  • May 19, 2017 6:11am May 19, 2017 6:11am
Quoting Islandfx911
{quote} Thanks LL. / Pips EU 15min did gave a great setup long. I need to look more at the 15min as I miss too many trades with 30min TF
Yep EU was a classic for showing the 2 ways the method can be traded. You could either enter around the 1.1114 level and stayed in the trade or taken 3 separate trades exiting on the color change and reentering after the pull back. All depends if your mindset is 'little and often' or 'big shot'
Never argue with a fool; onlookers may not be able to tell the difference.
  • #2,398
  • May 19, 2017 7:55am May 19, 2017 7:55am
Quoting pips29
{quote} I don't see that . I see a low with a higher low on H1 .I am not saying this pair is bullish or not but the current movement was to the upside..Price move in waves and I am just "surfing".I took the entry upon the break of the H4 34 ema..Don't get bogged down too much with HH/HL, LH/LL unless you are looking at the longer term. It is enough to play the momentum at the current time to make a few pips here and there..I knew price will be able to meet my target where I set..If my target was 100 pips or more, then I will look at the higher tf...
I see. Thank you for the explanation!
  • #2,399
  • May 22, 2017 9:31am May 22, 2017 9:31am
I don't usually trade EURGBP but looked good for a few pips.
Attached Image (click to enlarge)
Click to Enlarge Name: EG 22 5 17.png Size: 27 KB
Your trade order needs to be in the right place at the right time.
  • #2,400
  • May 22, 2017 6:20pm May 22, 2017 6:20pm
I downloaded the late'st template from post 1, got it operating but all I have is AUD/USD trade details, doesn't matter what pair chart I load the template to ????
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