Hi there guys.
I have used them all!!!
Every indicator on every time frame. Average results. (Best for me was bollinger bands on a 4h chart)
2 years back I started trading price action and using a good money management system.
About 6 months back I started really taking it serious with no indicators/news or input from any website/person.
I have grown 61% on my account. If you have a good money management system in place you will make price action trading work magic!
your spot on with your stratagy. I work on a 1/3 SL/TP on a 4h chart. 5-8 trades a week
Ex; If I trade for a 45 pips profit my SL is at 15 pips, here is the kicker. I would then lock in 30 pips profit and set a trailing stop at 15 pips.
Ether my trailing stop closes me out or a new setup against my trade.
Be blessed and happy pippin
I have used them all!!!
Every indicator on every time frame. Average results. (Best for me was bollinger bands on a 4h chart)
2 years back I started trading price action and using a good money management system.
About 6 months back I started really taking it serious with no indicators/news or input from any website/person.
I have grown 61% on my account. If you have a good money management system in place you will make price action trading work magic!
your spot on with your stratagy. I work on a 1/3 SL/TP on a 4h chart. 5-8 trades a week
Ex; If I trade for a 45 pips profit my SL is at 15 pips, here is the kicker. I would then lock in 30 pips profit and set a trailing stop at 15 pips.
Ether my trailing stop closes me out or a new setup against my trade.
Be blessed and happy pippin