Simple Trading System

firesword wrote: Tue Jun 23, 2026 4:54 pm Here is an example of EURCAD short I took yesterday.
Look how much time market spent around 1.6250 buying and selling.
Lot of money changed hands there.
How did I know which way to go?
I didn't! I followed the arrows direction.
It was gonna be either a winner or a loser.
I think chances were higher it was gonna be OK cause EURCAD had double top
@ 1.6270 level, not too far from 1.6250

like you said was strong tested resistence zone there

kelvinchase wrote: Sat Jun 27, 2026 7:15 pm There’s a platform for this at https://www.eactp.com. It provides CTP penetration trading supervision access, which lets MT5 connect to China’s domestic futures market.
MT4 can’t work with it properly, supposedly due to underlying code architecture limitations — you’ll constantly face lagging and stuttering issues. MT5 has none of these performance problems at all. That’s why most traders rely on MT5 to view and trade domestic Chinese futures and A-share stocks.

Hey bro, do you have any good, reputable trading platforms in China for forex, gold, crude oil, etc.? Ideally, one that accepts RMB deposits. I'm currently using tmgm, but the spreads and overnight fees seem a bit high.

saoco wrote: Mon Jun 29, 2026 12:28 pm Hey bro, do you have any good, reputable trading platforms in China for forex, gold, crude oil, etc.? Ideally, one that accepts RMB deposits. I'm currently using tmgm, but the spreads and overnight fees seem a bit high.

I’m not bro, and I have no idea about those trading platforms you mentioned.

The attached Fibonacci indicator is modified for this system featuring adjustable Bars Back and line colours.

firesword wrote: Tue Jun 23, 2026 11:02 am Hello forexjoe.

I woul suggest sticking to one pair.
Get to know that pair like a back of your hand.
Another thing is, if the weekly high or low has been broken through and the price is not sticking around the previous 2 weeks top/ bottoms,
then you've got a strong trend going.
Don't trade against the trend.
Just because you get arrows appear it doesn't mean you have an instant trade .
Wait for the market to come to those round levels.
When you see the market sticking around for a few hours at that level, chances are it is loading or unloading large sums of money.
Then you enter at that round price in the direction
of those arrows.
Don't get trigger happy
There is no rule saying that you have to be in the market all the time.
I hope that helps.

God bless.

Hi firesword,
Thank you for sharing this system! I’m currently studying the trading system you shared, and I’ve read through your PDF many times. The system is really simple, clean, and practical.
However, I’ve run into a problem. In a trending market, the big arrow tends to repaint repeatedly. Sometimes I enter at a round level based on the arrow, but later I find that what I thought was a reversal was only a pullback. Then the price continues in the original trend and hits my stop loss. In a strong trend, this can happen again and again, which causes me to get stopped out frequently
After reading your posts, it seems that you don’t enter trades mechanically just because arrow appears, unlike what I’ve been doing.
So I’d like to ask for your advice: besides waiting for the market to stay around a certain price level for a long time, do you use any other filters, judgments, or techniques to decide whether an entry is valid and to avoid taking reversal entries against a strong trend?
Thanks again for your generous sharing

timif wrote: Sun Jul 05, 2026 11:20 pm Hi firesword,
So I’d like to ask for your advice: besides waiting for the market to stay around a certain price level for a long time, do you use any other filters, judgments, or techniques to decide whether an entry is valid and to avoid taking reversal entries against a strong trend?
Thanks again for your generous sharing

firesword wrote: Mon Sep 01, 2025 9:33 am Now let's get into the rules for the entry and the exit.

Quoted

timif wrote: Sun Jul 05, 2026 11:20 pm Hi firesword,
Thank you for sharing this system! I’m currently studying the trading system you shared, and I’ve read through your PDF many times. The system is really simple, clean, and practical.
However, I’ve run into a problem. In a trending market, the big arrow tends to repaint repeatedly. Sometimes I enter at a round level based on the arrow, but later I find that what I thought was a reversal was only a pullback. Then the price continues in the original trend and hits my stop loss. In a strong trend, this can happen again and again, which causes me to get stopped out frequently
After reading your posts, it seems that you don’t enter trades mechanically just because arrow appears, unlike what I’ve been doing.
So I’d like to ask for your advice: besides waiting for the market to stay around a certain price level for a long time, do you use any other filters, judgments, or techniques to decide whether an entry is valid and to avoid taking reversal entries against a strong trend?
Thanks again for your generous sharing

Hello timif.

I had a feeling the arrows are gonna be a problem.
This is why I don't like relying on indicators. I tried to simplify the system but obviously indicators never simplify anything.
Traders tend to think that when arrow appears they are good to go.

Arrows are just simplified Zigzag indicator, not a signal to enter.
Zigzag updates as the price moves, it just appears as a warning that the current trend may be ending, not that it has definitely ended.
It may be right sometimes but not always. Breakout arrow updates too but less often because it usually pops up around 12.5%
to 25% of the previous 2 weeks range.

I did explain in the PDF that your main entry point is a round number once the market tests that price level and returns to it again.
You have to enter on the retest of the price not on the arrow popping up.
It doesn't matter which arrow that is big, small or a breakout arrow.

I stated that with this system patience is the main weapon. Without it you are doomed, regardless of the system you use.
Pleas read the PDF again starting from "Now let's get into the “meat” of the system" part.
Don't just read it, look at it on the charts in the past and clearly understand it.
Print out my chart samples and keep them next to you on your trading desk so you can refer to them before you open a trade.

I hope that helps.

A REQUEST TO THE CODERS FOLLOWING THIS THREAD.
Could you guys please change arrow signals for the zigzag pointer to something like this ⚠ or !
Thank you and God bless.

Here are my 3 trades from the last week .
Yes, I traded Gold . It seems to move nicely lately.
I made 246 points in 3 trades in 3 days and was done on Thursday for the week.
Monday I got in around dinner time (Melbourne), Wednesday I got in just before I went to bed and
finally on Thursday I entered around 10 am and closed my computer for the day and made myself
another coffee after that. Friday was a day off since all 3 trades hit TP.

I am posting this for those that don't follow rules but only follow arrows.
Guys, please follow the rules.
Read the rules every day before you start looking for a trade.
Keep this chart as your reference chart .

Has anybody tried the system with indexes instead for forex ? In such case are you changing the settings for the roundlevels indicator ? it seems that the 50p distance is too narrow..any suggestions ?

panos59 wrote: Tue Jul 07, 2026 2:24 am Has anybody tried the system with indexes instead for forex ? In such case are you changing the settings for the roundlevels indicator ? it seems that the 50p distance is too narrow..any suggestions ?

Hello panos59.

You need to change round number levels according to the market you trade.
If you're trading Gold then it's every $50.
Get to know the instrument you're trading.
Pay attention to what round price levels market stalls at and reacts to.
You need to do some of the work yourself.
Looking for shortcuts all the time won't help you
in your trading.
The saying goes: " God helps those that help themselves."
Take initiative my friend.

God bless.