Price Action

xSPACECOWBOYx

Master Trader
Apr 14, 2010
127
1
54
uk
I'm new to this site and maybe in the wrong place.I only use 4hour candles, oco's and 3 lots trading 4-5 pairs. If anybody is interested in demoing this method then i will post my signals and go from there.
Like i said i'm new to the site but not to forex,the method i use has made my
life so much easier and more spare time to have fun and post
Any feed back would be welcome and would be looking to start this next week.




XSPACECOWBOYx
 
O

Okoli

Guest
Please, is ur strategy the same as simple price action posted at the strategies corner of earnforex.

However, I would like to test your system with you.
 

xSPACECOWBOYx

Master Trader
Apr 14, 2010
127
1
54
uk
Hi Okoli
Welcome aboard...
I checked out the system you mentioned and have seen people use this on all different time frames with good results,but it seems a little too complicated.The way i was shown is slightly different but does use oco's most of the time depending on market conditions.Also i found this system through testing works well on Tue,Wed and Thursday for best results (like a lot of traders i never trade Friday but will still send out the signals anyway
I will be sending out the signals not here but on the signal thread between 6
and 6.30am GMT London.

Thanks for the posting XSPACECOWBOYx
 

stevenras

Active Trader
Jun 7, 2010
10
0
37
Please Describe The Strategy.

dear Friend,

Please describe the full strategy that you use to trade, If this strategy is enough profitable, then we can put it in a mechanical software.

Regards.
 

xSPACECOWBOYx

Master Trader
Apr 14, 2010
127
1
54
uk
Ea's don't work

Hi stevenras sorry for not getting back sooner

To be totally honest ea's don't work, people just sell them to make a living off novice traders and the brokers love you to use them (92% ring a bell). I try and focus on where the banks are going to move the market and place my buy/sell order at certain levels of strong supply and demand levels. Anyone knew to trading may want to take note, indicators look great on your screen and very professional thats it. In the long run you will lose account after account. Trading is hard work and there is no magic indicator. I'm sure some or most people will disagree with me, just my honest opinion. Someone else wrote "Understand what you are trading" http://www.investopedia.com/articles/forex/06/interbank.asp
All the best buddy (sorry i can't help you)