My Trading Strategies for a start

[radex78]

I like only reading chart naked, although as beginner I am also often trying many kinds indicator but making complicated and still also loss occur, hence making trading being simple, learn chart pattern and price action and use stop loss target profit.

 

[doggyfx]

I like only reading chart naked, although as beginner I am also often trying many kinds indicator but making complicated and still also loss occur, hence making trading being simple, learn chart pattern and price action and use stop loss target profit.

Default MT4 indicators don't work because market is changing continuosly and you should adapt those indicators to volatility and current trends. I agree we can use them only as additional confirmation to our main strategy because they probably increase chances of winning trade, but can't be solely used for building strategy.

 

[radex78]

Default MT4 indicators don't work because market is changing continuosly and you should adapt those indicators to volatility and current trends. I agree we can use them only as additional confirmation to our main strategy because they probably increase chances of winning trade, but can't be solely used for building strategy.

I see some trader they use third party indicator as help tool, and making the chart being like as art but sometime use complicated indicator making platform being low responding

 

[makers mind]

Default MT4 indicators don't work because market is changing continuosly and you should adapt those indicators to volatility and current trends. I agree we can use them only as additional confirmation to our main strategy because they probably increase chances of winning trade, but can't be solely used for building strategy.

I completely agree with you. How I use default indicators are in times of news trade. I use the indicators to confirm if the news has had any impart on the currency pair in question. This is a combination of technical and fundamental analysis.

 

[radex78]

I completely agree with you. How I use default indicators are in times of news trade. I use the indicators to confirm if the news has had any impart on the currency pair in question. This is a combination of technical and fundamental analysis.

What indicator that you used on mt4? there are so many indicator default like as bolinger band or stochastic or macd, sometime I am put indicator bolinger band but in my trades decision often based on price action still hard to keep discipline

 

[Breezy12]

Sell position on GBPUSD hit TP @185.41. made $223 in 20mins. AUDUSD position is still on, if you want to join, the TP is 0.7218.

I still don't understand this strategy. I am new here. Can you offer private class or tutoring? Or perhaps provide more signal to us.

 

[radex78]

Might each trader having different system and method to trading and making their profit, some trader might using indicator as help tool and some another might only use candlestick pattern and combine with price action, I think all system and methodology has own risk because forex always as risky business

 

[Esha.J]

I think still useful for broaden insight all about forex, but also need practice to finding suitable and profitable system trading, like as many people said if practice will make perfect

If one do not understand what the article want to explain about the topic then, there is no meaning of wasting time over it. If trader is smart enough , he will learn and if not he will pass that article.

 

[radex78]

If one do not understand what the article want to explain about the topic then, there is no meaning of wasting time over it. If trader is smart enough , he will learn and if not he will pass that article.

We can learn standalone, but also we can get insight from another trader experience, might they having better understanding with trading system that profitable, but indeed we can learn with own self learning

 

[Esha.J]

I think getting idea from some one Else's strategy is not easy for any one. Instead of it, we can develop our own one and make it more simple so that we can have easy and understandable strategy for our trading.