If we have luck to see a diper pullback AUD/NZD have potencial to give a good RR trade, channel is bended and both TP are inside channel 
(binned per thread starter's request) Beat The Market strategy
- #2,441
- Sep 19, 2019 9:29am Sep 19, 2019 9:29am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
- #2,443
- Sep 19, 2019 9:52am Sep 19, 2019 9:52am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #2,445
- Sep 19, 2019 10:35am Sep 19, 2019 10:35am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #2,450
- Sep 19, 2019 1:57pm Sep 19, 2019 1:57pm
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
- #2,451
- Sep 19, 2019 2:03pm Sep 19, 2019 2:03pm
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
- #2,455
- Sep 19, 2019 3:43pm Sep 19, 2019 3:43pm
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
{quote} yes technical analysis is must and you need to do that on your own,we are here focus on trading by beat the market strategy only . technical analysis is a huge topic and here is not good place for discus about it because may distract us from main goal which is familiar with the behavior of beat the market strategy.
If you say further technical analyses is a must do on every signal before pressing the buy/sell button (even if all your rules and tips described here spotted correct by the trader).
Now doesn't that makes a strategy complete subjective? Subjective in terms of any outcome because you didn't defined exactly WHAT technical analyses? As you said the topic is HUGE...
So the strategy might be profitable (no offense) to the professional trader able to spot everything further correctly but maybe a complete disaster to another trader because he doesn't know what to do with that "technical analyses".
First, how do you want to guarantee no matter what single topic of technical analyse applied by the trader is proved to be right or wrong? Technical analyses is no proven science like 1+1 always = 2, right?
Second, how to you want to guarantee Trader A is doing the same technical analyses than a Trader B ? Maybe trader A spots support at 1.2600 while trader B spots support at 1.2700...
So letīs say i take a signal without any further technical analyse and my outcome of such trade would be negative.
Now you would probably say something like this to me: "No wonder you lost that trade, didn't you see the resistance zone there, didn't you see the price gap, didn't you see the XYZ, even worth didn't you see the high impact news around the corner..."
I hope you undestand what i am trying to say. I don't want to blame your strategy but this is just something i see as a problem with nearly every strategy posted somewhere here on such forum.They all claim to be profitable and successful but at some instance as soon you didn't applied further "technical analyses" correctly it becomes MY fault when its not
To me personally i would like to see a strategy (maybe this one here is even able to provide) showing results with clearing out all kind of subjectivity like still having something "unknown" added to it nobody can comprehend. So just take every signal, don't care about the news, don't care about any further analysis paralysis, executed for a given period of time X.
