Forex trading is a lot more than learn a pattern and try to nail it. There is not 90% of losers in trading because it's not a easy game, you need to know what you are doing with the right education. A pattern can be good with certain market condition, the problem is the market condition change all the time. You need to identify those market condition and have different strategies to take advantage of them. A pattern it's maybe around 10% of what you need to know to become a professional trader.
For ourself and our student we approach the Forex differently than regular technique or pattern.
It's in 3 steps:
1. Identify clear trend on all cross currency pairs (26 pairs)
2. Focus on the one whit clear trend and identify a good level of entry
3. When the level of entry is reach wait for a pattern to form to confirm the direction.
There is more thing to consider, most trader just used the third step. Trading it's about putting odds on our side, with our 3 steps we improve the odds a lot.
http://www.iciforexdaytrading.com
For ourself and our student we approach the Forex differently than regular technique or pattern.
It's in 3 steps:
1. Identify clear trend on all cross currency pairs (26 pairs)
2. Focus on the one whit clear trend and identify a good level of entry
3. When the level of entry is reach wait for a pattern to form to confirm the direction.
There is more thing to consider, most trader just used the third step. Trading it's about putting odds on our side, with our 3 steps we improve the odds a lot.
http://www.iciforexdaytrading.com