Trading is more of an art rather than science. If you determine the trend direction, it is always better to trade in the direction of the trend rather than against it. However, in a long or upwards trends, trade the pull back while in downtrends trade the rallies down. This style is a way to...
There are three signs that show that someone is getting old. The first one is that you start forgetting things. The second one is uuuummh! Sorry I don't remember the rest
Nothing works all the time, but it is good to be consistent in whatever you use. incorporate money management and discipline to whatever indicator you use. I use BB, stoch and pivot lines and I trade only one pair at a time
Thanks purple Brain for all your efforts. Well I trade only the majors and by that I mean the six major currency pairs. It is not easy to trade all the six pairs at a time. So mainly I concentrate on the EU and the USD/JPY pair. Right now I am trading the EUR/USD and my bias is short I want to...