Disliked{quote} Hello DarkWolf. Yes only that early in the thread you traded some m5 charts and H4. Other than that I think your trading style is the same. I've read to page 40 so far and I am enjoying it very much. I've been back and forth with indis, trading methods, trading systems etc. I'm really trying to nail down something that I can stick with consistently. Your thoughtful, simple and effective style is refreshing. Funny thing is it really feels very natural just to look for important s/r and confluence and trade the logical. My AUDUSD didn't trigger...Ignored
But in doing so I found that I quite enjoyed the longer terms and having a bit more spare time to myself as such. And that is even more important to me know since the birth of my first child, now 4 and a half months old allowing me much more family time then spending it watching charts
Although hourly still is relatively short term, but I simply set alerts for the hourly close and then go and have a quick look at the charts which means I dont have to sit around watching them.
I think at some point in the thread I talk about that switch from the short term to longer term.
Yes, I started down that path when I was new to trading. Let me tell you I have tried almost every sort of indicator combination out there. And for some time I did trade quite well with some, but ultimately I realized with time that they all simply follow price as they area created by price. I slowly came to like my charts being naked, with no indicators.
If anything I would be partial to moving averages if any but purely for directional purposes. The basis of any trade is still based around the key horizontal areas or chart patterns.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1