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We all know there are countless trading strategies, systems each with many different set of rules for their application but none promise a 100% win percentage.
By default this means you will have losing trades, and here is where majority of beginner and some experienced traders stumble.
I...
In my opinion, indicators are tools to help interpret what has and is currently happening in the market. Understanding volume, trends and other things can normally be done using specific charts in their raw form, however that takes experience and so to help understand market condition and have...
Did you make this indicator yourself? Looks simple but effective from the screenshotS, if I understood you correctly this is mainly to confirm entry, correct?
Well, this is quite a broad question as I can make an argument for a number of things you should pay attention to on the charts. Put I will try to be brief as I also believe that complexity isn't necessarily a good thing in this market.
Well just before I begin listing just a few things to look...
Very well put together post, nice read. I am a firm believer that backtesting and developing a strategy with a high win rate and simply trusting the math is, at it's core, what makes anyone a successful trader. Issue is as humans, we let other variables get in the way, such as emotions, and that...