Best trading strategies ?

[nehmer]

Yes Nehmer, we can copy other peoples strategy and now develop it to the level that we want. It is usually effective and it saves time since it will take us less time to get a good strategy only on our own from scratch.

almost all what i think is already experience from traders from before its better that we read all their experiences on that strategy if they are successful or not they will not hesitate in telling you. If you have already chosen a strategies at least choose the best one that suits you then improve.

[chuna1985]

A traders strategy might not be another traders best. This is brought about by individual differences between individuals. Due to this, traders are meant to always try to get their own strategies for their trading, this simplifies forex currency trading.

[radex78]

yes, each individual trader has different strategies, there are many strategies that we can try, but I chose a strategy that fits with our spirit that will make us feel comfortable with that strategy.
each trader has a different psychological, although the same strategy but the outcome could be far different

[bulukuthuk]

Wow .. Everyone says that there is no such thing as best system ?? ..

Come on people .. How long have you been trading the market ?? Haven't you see the resemblances ?

TS just wanted to ask us how he/she can profit from day 1.. He ask us about the simple system .. Then you all says that there is no best and simple system ??

For speedbuss.. Learn the market with S/R - Trendline - Candle/Bar formation.. Just try to master those 3 fellow.. And then try to start the trade from H4 and make your way down to a smaller timeframe. Just try these system.. PA and all of it's friend was the best system of all .. And they are the most effective and profitable guide.

[radex78]

resistent and support areas, are usually given special attention by the traders, because usually in the area will be a balance of price and has not received a clear direction of where the next trend, according to my study area the SnR is very helpful in our forex trading

[bulukuthuk]

resistent and support areas, are usually given special attention by the traders, because usually in the area will be a balance of price and has not received a clear direction of where the next trend, according to my study area the SnR is very helpful in our forex trading

Nice .. Could u share what kind of study area ?
How do u implement the S/R on your chart ?

What timeframe does the S/R works best ? ,..

[radex78]

I usually choose the timeframe 1 hour, sometimes I use the Fibonacci tool to determine areas of support or resistance, by drawing from the candle high and low of the candle, sometimes only concerned candke patern with making a horizontal line by finding the area of ​​equilibrium, where a few candles were stand paralel, that way from a trader who already has experience in some forum

[bulukuthuk]

I usually choose the timeframe 1 hour, sometimes I use the Fibonacci tool to determine areas of support or resistance, by drawing from the candle high and low of the candle, sometimes only concerned candke patern with making a horizontal line by finding the area of ​​equilibrium, where a few candles were stand paralel, that way from a trader who already has experience in some forum

Lol .. so "study area" means trading experience eh ??

I thought that you are experimenting some kind of particular system for the S/R ..
Hori line and fibs actually were great tools to set our view on the perfect zone of the current prices. But only if the tools was combine with other analysis.

But hey .. I agree .. Though this kind of method needs a lot of testing and trial. Every trader around the world knows that S/R was so amazing. Once again ... To apply it.. It's not as easy as it looks .

[radex78]

Lol .. so "study area" means trading experience eh ??

I thought that you are experimenting some kind of particular system for the S/R ..
Hori line and fibs actually were great tools to set our view on the perfect zone of the current prices. But only if the tools was combine with other analysis.

But hey .. I agree .. Though this kind of method needs a lot of testing and trial. Every trader around the world knows that S/R was so amazing. Once again ... To apply it.. It's not as easy as it looks .

may be similar to the support and resistent area, but the trader would prefer say the area demand and supply area, an important point with this strategy is to determine the area of ​​equilibrium price, and according to him, if after equilibrium price, usually the breakout will occur,

[bulukuthuk]

may be similar to the support and resistent area, but the trader would prefer say the area demand and supply area, an important point with this strategy is to determine the area of ​​equilibrium price, and according to him, if after equilibrium price, usually the breakout will occur,

Hmm ..sounds a very techy stuff ..

I'm curious ..The equilibrium things ..How do u define the level ? By using other indicator or just a simple view of the candlestick pattern ?

Could you show me some ebook regarding that theory or some link to that system ?

[radex78]

Hmm ..sounds a very techy stuff ..

I'm curious ..The equilibrium things ..How do u define the level ? By using other indicator or just a simple view of the candlestick pattern ?

Could you show me some ebook regarding that theory or some link to that system ?

that trader only use horizontal line that is placed on the equilibrium area, which is marked by candles line parallel some candles, on the highs and lows of the candles are placed horizontal lines, and entry is probably best to wait for a price breakout
. I found this strategy in forexindo but in my country language

[bulukuthuk]

that trader only use horizontal line that is placed on the equilibrium area, which is marked by candles line parallel some candles, on the highs and lows of the candles are placed horizontal lines, and entry is probably best to wait for a price breakout
. I found this strategy in forexindo but in my country language

I know forexindo .. and i know your country language .. You are from indonesia right ?

I am an indonesian too .. :lol: ... what u are saying here was simply looking for a breakout on an equilibrium level or a pivot line i supposed and then to seek the best entry after the next candle open right ?

Or simply just wait till the candle re test the equilibrium level again and confirm by the candle form ..

[JoeltonsInv]

There is no holy grail trading strategies and system though every trader inevitably have one and everything revolves around it. If your system always follow the tides of the trend, then you got the best system.

[radex78]

I know forexindo .. and i know your country language .. You are from indonesia right ?

I am an indonesian too .. :lol: ... what u are saying here was simply looking for a breakout on an equilibrium level or a pivot line i supposed and then to seek the best entry after the next candle open right ?

Or simply just wait till the candle re test the equilibrium level again and confirm by the candle form ..

as i remember it was still required a horizontal line placed in the high and low candle candle in a row canlde, the entry point to do with pending orders on up or below the horizontal line.if not wrong like it

[nehmer]

A traders strategy might not be another traders best. This is brought about by individual differences between individuals. Due to this, traders are meant to always try to get their own strategies for their trading, this simplifies forex currency trading.

if he or she does not use the best trading strategy then it will be nothing to talk about it will just loose you in the end a trader must follow at least the best strategy that his or other traders have made so that it it will be not hard for them to execute the one they are trading in.

[radex78]

maybe we should have its own strategy, and we feel comfortable with it, and of such a strategy, we can recognize our mistakes and defeats to be fixed, but if we want to follow the strategy adopted another trader, should be used on another account, so can make comparisons , our own strategy, or strategies of other traders, that gives good results,just my opinion

[nehmer]

best trading strategy is to make things right in your trade you have to make sure that you have a correct plan and correct execution of this plan of yours by the time you are having a hard time managing your plan you can change it and ajust until it will be a good trading strategy.

[radex78]

A good strategy, it would be better if accompanied by good money management, and discipline with a trading plan, and the strategies that we apply as much as we might recognize the error of the strategy and can be fixed, thus Improve the strategy would be better, i think

[nehmer]

A good strategy, it would be better if accompanied by good money management, and discipline with a trading plan, and the strategies that we apply as much as we might recognize the error of the strategy and can be fixed, thus Improve the strategy would be better, i think

money management is always a plus in trading. It helps us not only in controlling our greed but also it helps us to be a trader who is responsible on his or her every trade and the things that needs to be risk. There is no magic strategy in forex and there will never be we just need to be strong and need to follow what needs to be done.

[radex78]

money management is always a plus in trading. It helps us not only in controlling our greed but also it helps us to be a trader who is responsible on his or her every trade and the things that needs to be risk. There is no magic strategy in forex and there will never be we just need to be strong and need to follow what needs to be done.

I think any kind of strategy is good MM is necessary, because losing is part of forex trading, and after throwing an order we do not know for sure where prices will go, because price movements up and down randomly,sometime will affected to our psichology ,