Trading Strategies and Methods -This is the holy grail ?
and this is how I trade.
> are you making money from forex? Yes
> how many years have you been trading? 4 years now
>only trade one pair? No
>use no indicators? I use indicators
>use many indicators? about 3
>only trade on pure price action? no
>look for chart patterns? only on high time frames and mainly with trend
>have a favorite time frame? 15 min
>favorite indicator ? Bolinger bands
I learn from the amout of money I lost, lots of crap on the internet on how to trade, with time I start to feel the charts and know them better.
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I found this subject on fxstreet and I though I will post it here as well for the user to benifit from it, I added a couple of more questions to the orginal post.
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original post by Johnnypips
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We all know that does not exist but now that I have you attention, I wanted to create a thread for members to post how they finally became profitable in forex trading.
Knowing that no one that has a winning strategy would ever share their secret, I am just looking for you to share just a basic strategy without compromising what took you years to develop!
For example do you:
> are you making money from forex?
> how many years have you been trading?
>only trade one pair?
>use no indicators?
>use many indicators?
>only trade on pure price action?
>look for chart patterns?
>have a favorite time frame?
>favorite indicator ?
> what is your best winning consecutive no. of trades?
>what is your secret, strategy ? (optional to answer or not )
Also, who or what has been your greatest mentor or influence?
I have been trading for a couple years now and I desperately want to become profitable I appreciate any feedback
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