DislikedHi WF,
If you read any thread on FF you will find a person, like yourself, who comes to the thread with an idea that is working. The thread catches a few traders and before you know it....10-15 indicators!!!!
Traders...this is a wonderfully simple trading style. Will you catch the absolute top and bottom...no you won't. You will lose trying to catch tops and bottoms. The best traders in the world will catch the meat of the trade.
Watch the trend on higher time frames and apply this nice simple methodology and you will pip everyday.
Just my 2 cents.Ignored
Unfortunately, people don't listen, so some will always come in and add on Fib retracements, Bollinger Bands, S & R lines, or whatever, touting what wonderful indicators they have just discovered & used on a demo account for a week or so and eventually screw up the whole thing. This is the path that EVERY system I've seen in the FF has suffered. Eventually, you wind up with 300 pages, the original author/contributor has given up in disgust and is never heard from again.
Simplicity IS the key to winning in forex. It's a sad fact that most traders lose their accounts before they learn to lose all the 'indicators' which all just show you the same information - what the market did in the past.
KEEP IT SIMPLE FOLKS! NOTHING IS NEEDED TO BE ADDED ON HERE!