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@texxas
Thanks for your information. The enclosed chart emphasize your 78,6% statement. |
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you're welcome.
I'm sure it's been mentioned on here someplace, but in case not: before anyone goes hell for leather incorporating a singular or combination piece of someone else's analysis into their arsenal......TEST IT - & test it thoroughly!
consistancy (or success) is measured not by how many pips you pull out of the market over a short, sharp period of "hot activity" - but by finding a method which suits your psychological approach to your preferred instrument & adopting a simple, workable template.
nothing works all of the time. but adopting a consistant plan & adhering to the similar signals will tell you 'when it's working or not'
capital preservation should be No 1 priority - period....when the market isn't playing ball (according to your strats), get the hell out & stay out until it slips back into line (according to your rules).
never force your strat, never chase the markets & definitely don't start tinkering or changing anything just because you've gone several day's without a market entry signal....it happens to all strats!
keep it nice & simple, keep it "price based" & use
as few price aids (indicators) as you can possibly get away with
such is the increased participation & liquidity in FX, you won't have to wait too long before your favorite instrument begins to open out & set up again....patience & discipline, they're your best friend when trading these animals!!