Hey guys
I dont want to disrespect anyone here about their trading,especially Vic
which i thank him for his contribution and also for leting everyone say his own word here.
Forex4ever you are right!i may do it the wrong way!but if there are hundrends of winning trades posted here,i am sure there are hundrends losing trades that where never were post,so what counts is not isolated winning trades.
there are 16,000 posts here yes,but is there a post that shows account history of past 6 months?if you find a positive backtest for a good amount of time then you are dealing with a trader that makes a living from this and then you have a strategy not a system.I am sorry but anyone who wants to trade with green and red lights or alarms when you have crosses etc...he will probably fail unless he is lucky..bank of switzerland doesnt care if our ichi crossed or broke out..neither does Trichet,but if some good news from eurozone move for example the EUR/JPY upwards and you see a consolidation in a strong resistance in a strong downtrend,then you know its running out of steam...technically you came to a strong resistance and foundamentally ,man..thats eurozone,there are billions of reasons to sell the pair soon.
Indicators are just tools to help you find some levels...dont mean to play it smart here but trading is far more than just a video game with green and red lights..
I dont want to disrespect anyone here about their trading,especially Vic
which i thank him for his contribution and also for leting everyone say his own word here.
Forex4ever you are right!i may do it the wrong way!but if there are hundrends of winning trades posted here,i am sure there are hundrends losing trades that where never were post,so what counts is not isolated winning trades.
there are 16,000 posts here yes,but is there a post that shows account history of past 6 months?if you find a positive backtest for a good amount of time then you are dealing with a trader that makes a living from this and then you have a strategy not a system.I am sorry but anyone who wants to trade with green and red lights or alarms when you have crosses etc...he will probably fail unless he is lucky..bank of switzerland doesnt care if our ichi crossed or broke out..neither does Trichet,but if some good news from eurozone move for example the EUR/JPY upwards and you see a consolidation in a strong resistance in a strong downtrend,then you know its running out of steam...technically you came to a strong resistance and foundamentally ,man..thats eurozone,there are billions of reasons to sell the pair soon.
Indicators are just tools to help you find some levels...dont mean to play it smart here but trading is far more than just a video game with green and red lights..
Never again will fade the trend