Search results

I know it's been a while ago, but this is a template (U-TURN ZONE SCALPER 2020.tpl). Where's the indicator?

1. Spot a robust uptrend utilizing moving averages. 2- Patiently await a retracement to a significant support level. 3. Initiate a trade with a narrow stop loss positioned just below the identified support. That's the way I do it.

A good forex strategy with favorable risk-reward involves combining trend analysis with key support and resistance levels. For example, identify a strong uptrend using moving averages, wait for a pullback to a significant support level, and enter a trade with a tight stop loss below the support...

I think it's best to master manual trading first, then use EAs for small tasks and, little by little, build a solid portfolio of EAs that work for you with little maintenance. Cheers!

I collect money :ROFLMAO: but, seriously, I'm not that good at this hobby yet. Cheers!

To maximize account growth, develop a reliable strategy aligned with your preferences. Stick to a $100 trading balance, managing lot size to facilitate 3-5 trades before reaching margin call or liquidation. This approach aims for more wins than losses, fostering account growth. For example: 1)...

It depends on your goals and preferences. Forex offers liquidity and leverage, while stocks provide ownership and dividend potential. Consider your risk tolerance and trading style.

Experience is key for successful trading. Starting with forex trading without any experience can be tough and full of losses. It's crucial to learn, practice in demo, and gradually gain expertise. Share your own gains and experiences. Cheers!

I'd say hours and hours of studying chart patterns, demo trading and backtesting on simulators. Cheers!

Not exactly indicators... Rather price action: I'd say pinbars at support and resistance levels. Cheers!

Hi all. I'm new too. Would like to learn forex skills and participate. MT4 is my main focus.

Thanks. Cheers!