All I can say is this: Trading is easy as long as you keep it simple and stick to the rules. My problem is I'm not patient enough and got caught up in trades which wasn't ripe as yet.
My system is very simple, you need two ma's and a W (bottom) or M (top) formation consisting of 6 bars. The last 2 bars of the formation is critical!
Avoid trading when volumes are low and when economic data is coming out.
Don't be greedy, take 10p and close the trade.
My system is very simple, you need two ma's and a W (bottom) or M (top) formation consisting of 6 bars. The last 2 bars of the formation is critical!
Avoid trading when volumes are low and when economic data is coming out.
Don't be greedy, take 10p and close the trade.