What methods are there or do you have to avoid trading in the wrong direction or when the market is ranging? which results in many small losses and frustration for most traders I assume? It could be something like avoiding trading during asia, although sometimes decent moves do happen during Asia. Or do you have other indicators to tell you the current direction on a higher time frame to correlate with where that is going and only trade that direction? Please describe in detail fellow traders, we are here to help and to learn
- Joined Oct 2007 | Status: Former institutional dogsbody | 1,253 Posts
I'm not trying to convince anyone. I'm not in the "convincing" business.
- Joined Oct 2007 | Status: Former institutional dogsbody | 1,253 Posts
I'm not trying to convince anyone. I'm not in the "convincing" business.
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,486 Posts
MT4/MT5 EAs/Indicators/Alerts coder