Ah, indicators. They are as popular today as Elvis was in his day. I had a math teacher in college who would have probably said: "indicators are just mathematical transformations of the price, therefore they have no more predictive power than the ...

"good traders trade, bad traders teach"

My point is that no system, even those that trade the higher time frames, manages to be right 100 % of the time, that is, win in every trade. If there are probabilities involved, then trading is a game of chance, like gambling. When you have the big ...

"good traders trade, bad traders teach"

It is obvious that most forex teachers / mentors are failed traders. Bear in mind that 95 % traders lose money, so this makes sense just by looking at the statistics. Another thing to consider is that most people trade short term by looking at ...

"good traders trade, bad traders teach"