Successful currency trading is easier than cooking: price action acts as fuel for indicators and heats up the carefully traded strategy to give us those green pips
Only in dictionary success come before work, so here is the smart work we need to do: Observation! Patience to observe price action from a distance (i.e. on a higher time frame chart) is the key to make more money in this business. Simply because this best practice avoid us from taking an impulsive trade which might be ready for a quick reversal against us! Thus we filter out approx. 20% of the failures that create 80% of our biggest losses. Above all, we get to enter trades just before price move happens, saving us from emotional the toll of waiting after entering a trade.
did you add trend identification module to ea?
Only in dictionary success come before work, so here is the smart work we need to do: Observation! Patience to observe price action from a distance (i.e. on a higher time frame chart) is the key to make more money in this business. Simply because this best practice avoid us from taking an impulsive trade which might be ready for a quick reversal against us! Thus we filter out approx. 20% of the failures that create 80% of our biggest losses. Above all, we get to enter trades just before price move happens, saving us from emotional the toll of waiting after entering a trade.
did you add trend identification module to ea?