Best indicators for beginners, to minimize losing.

It is well with you. Please take good care of yourself and recover quick.

Many thanks bro

Maybe you got the corona man, take care

No thank you

Cowboys, from the morning I tried the new science "scalping GU", and I have entered 3 times and the results are like this. This method seems interesting too, especially if the market is trending.

GU M15

We expect to try it after London to NY opens. Want to know the results in trending markets.

Scalping Rules :

1. EMA
2. MACD 2,3,1

3 The market is ranging, so the entry from the EMA4 after MACD 2,3,1 agrees, with a target of 20-25 pips and sl 23 pips. This condition usually occurs during Asian markets.

4. The market is trending, so after 50 pips is reached you can add lots and the next target is 40-50 pips. This condition occurs after the London market opens until midnight Jakarta time.

5. In the event of a candle that goes against the direction and engulfs the last candle, immediately close the last position.

SHORT, GU 1,3318 Tp 1.32803 sl 1,3343

Hello Bale,

I am a beginner trader living in France. I am reviewing your different methods of trading which I find very instructive. I am currently trying to elaborate a trading system with a reasonable win rate, but I am hesitating between scalping trading, day trading, swing trading or a mix.

I can see that you trade in one hour time frame which can be considered as day trading (with Awesome and Fibonacci in the form of Moving Average indicators) and also scalp (with EMA and MACD indicators)(which time frame?).

As a beginner, what advice would you give me in terms of starting trading scalping or day trade? Are your methods applicable with commodities and indices? Are they successful in long run without adding any other technical analysis?

Regards

Out +18 pips

GU M15

The advantages of scalping are a small stop loss and we can even exit if the last candle is engulfed.

[quote=Pegase;13306132]Hello Bale, I am a beginner trader living in France. I am reviewing your different methods of trading which I find very instructive. I am currently trying to elaborate a trading system with a reasonable win rate, but I am hesitating between scalping trading, day trading, swing trading or a mix. I can see that you trade in one hour time frame which can be considered as day trading (with Awesome and Fibonacci

Hi pegase, As a beginner, I suggest that you trade on M15 and for the time being you can follow all the signals from me until you can do it yourself. Only in this way can you learn well. Regards, ,

Hi Bale,

Thank you for your reply and for your advice. I will follow the M15 time frame and your signal and learn just like a padawan..

Do you trade something else than currencies?

Regards

That's good. No I only trade Forex, GA, GU and Euro

Hooray the bale is back, i wish you a speedy recovery and lots of green pips