Re: Simple Trading System
312Firesword any advice how to avoid losing trades? have been losing too much lately 
Re: Simple Trading System
313Hello forexjoe.forexjoe85 wrote: Tue Jun 23, 2026 6:39 am Firesword any advice how to avoid losing trades? have been losing too much lately![]()
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.
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As you get older 3 things happen. The first is your memory goes, and I can't remember the other two.
Re: Simple Trading System
314Here 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
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
- These users thanked the author firesword for the post:
- forexjoe85
As you get older 3 things happen. The first is your memory goes, and I can't remember the other two.
Re: Simple Trading System
315Thank you so much! Im using the MT5 version of this system so its more automated maybe thats the problem as well that Im just blindly following the arrow to take the tradefiresword 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.
Re: Simple Trading System
316Keep in mind that you have to look at the whole picture.forexjoe85 wrote: Tue Jun 23, 2026 5:13 pm Thank you so much! Im using the MT5 version of this system so its more automated maybe thats the problem as well that Im just blindly following the arrow to take the tradeI will make a checklist first according to your tips before taking a trade
![]()
Look at the price, and I mean price, not candle structures.
If lots of time is spent at some price point there is a reason for it.
Look back at what was happening at that price in the past few days, weeks, months.
Price is where big orders are placed .
Big money doesn't care where MACD,EMA,CCI, or arrows are.
Take a look at EURUSD @ 1.1400 to 1.1450.
You think buying or selling level.
Look back days and weeks ago
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As you get older 3 things happen. The first is your memory goes, and I can't remember the other two.
Re: Simple Trading System
317Very good advice sir!firesword wrote: Tue Jun 23, 2026 5:21 pm Keep in mind that you have to look at the whole picture.
Look at the price, and I mean price, not candle structures.
If lots of time is spent at some price point there is a reason for it.
Look back at what was happening at that price in the past few days, weeks, months.
Price is where big orders are placed .
Big money doesn't care where MACD,EMA,CCI, or arrows are.
Take a look at EURUSD @ 1.1400 to 1.1450.
You think buying or selling level.
Look back days and weeks ago![]()
Re: Simple Trading System
318Could you please tell me... what method did you use to view and trade Chinese futures on MT5? Thank you!kelvinchase wrote: Mon Jun 08, 2026 11:23 am Hi Cagliostro, hope you’re doing well!
The indicator works amazing, thank you so much!
I just have a small request: the arrows are a bit far from the price. Could you please adjust them to be closer?
Also, could I confirm if the arrow calculation logic is exactly the same as @Firesword’s original version? (like look 2 arrows,big one, small one )
I would really appreciate a direct port from the original system if possible.
Sorry for the trouble and thank you so much for your help!!![]()
Re: Simple Trading System
319I'm also in China, and I'd like to ask you how you backtest various common stocks or futures in China's A-share market on MT5 or MT4?DAVID99 wrote: Sat Jun 27, 2026 4:29 am Could you please tell me... what method did you use to view and trade Chinese futures on MT5? Thank you!
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Re: Simple Trading System
320There’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.DAVID99 wrote: Sat Jun 27, 2026 4:29 am Could you please tell me... what method did you use to view and trade Chinese futures on MT5? Thank you!
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.
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