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Fxbook (By forex_trader_7582)
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Fxbook Discussion
forex_trader_7582
Member Since Feb 22, 2010
2 posts
Apr 29, 2010 at 10:58
(edited Apr 29, 2010 at 11:19)
Member Since Feb 22, 2010
2 posts
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
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
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