Fxbook (By forex_trader_7582)

The user has deleted this system.

Fxbook Discussion

Mar 09, 2010 at 08:24
3,926 Views
2 Replies
Krysztau
forex_trader_8466
Member Since Mar 10, 2010   68 posts
Apr 29, 2010 at 07:10
This s amazing result!
Do you share your ideas or how you spot your setups anywhere?
guilut
forex_trader_7582
Member Since Feb 22, 2010   2 posts
Apr 29, 2010 at 10:58 (edited Apr 29, 2010 at 11:19)
Hi Krysztau.

Unfortunately, I have no blog or site where I share my ideas.

But I can tell you my trading style is based on very simple ideas.

Here is a few rules I try to respect :

1 - No indicators. Indicators tell you everything about the past, nothing about the future.

2 - No system. There is no system that can be more powerful than your brain.

3 - Rely on price action, and particularly on commonly known patterns : pin bars, DBLHC/DBHLC, BEOVB/BUOVB
(James16 thread on FF is a gold mine)

4 - Trust supports ans resistances.

5 - Never let a winner turn into a loser.


I've got to precise I lost money trying complicated systems and indicators. Things changed when I began trading naked.


- Edit -

29/04/2010 - 11:15 GMT
I'm short on GBP/CHF

Member Since Apr 30, 2010   3 posts
May 03, 2010 at 01:58
Hi, thank you for the few rules you posted. It's refreshing to see! All the best, NorA
It is what it is!
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