Search results

First things first, before a someone want to become a trader and start studying strategies and trading systems, they must first learn to have a trader mentality, without this, it doesn't matter if you have a good winning strategy or system, you still gonna lose.

My favorite indicator is 34 EMA Wave from Raghee Horner, it allows me to measure the market mood by the clock angles and it's a powerful sup/res (I guess it's because it's common to see very popular moving averages like 8 EMA, 9 EMA, 20 SMA, 50 SMA, and 80 SMA inside of the channel created by...

Hi there, I'm making a trading system and one of the confluences that I'll use it's the figure patterns, I'm looking for indicators that find figures, so what's your favorite one ?

Another way to use MAs is to plot 3 MAs (close, high, low) and trade only when this channel angle is up or down (Raghee Horner tactic, she does use a 34 EMA wave channel to do this).

Use the higher timeframes (at the very mininum the 1h), these timeframes usually respect more your analyse because there's less noise.

Find a strong sup (2, 3 touches), wait the price to broke this sup, now give some space to the price and wait it to come back to the sup zone, go short (the big players who broke the sup probably will go short again to defend their position), do the opposite to sell.

You can use this one as a complete system, but the results are even better if you use fibo levels as exit from the trades.