I HAVE IT!
don't believe? Keep reading!
I admit, I won't mislead you with some strategy that is HOLY GRAIL. After many
centuries of trading, from village markets of the middle ages to the largest FX
market, NO ONE has yet presented a strategy, which would bring ONLY POSITIVE results.
I do have two strategies, which brings more in than out. There is a problem
though: it is impossible to make an automatic robot, which would do trading
automatically. THIS MEANS, THEY ARE DEPENDENT FROM THE TRADER.
1) It’s not all about technical analysis, you
must also consider fundamental elements. In short, this means that you are not
selling gold when stock market indexes are dropping. Second example is
correlation between currencies and the third example is reports of central
banks (for example: we will hold EUR/CHF over 1.2 at any cost).
2) Candle stick shapes. Many times, shadows
of candles tell more than the trend direction.
3) What is shown by indicators,
divergences, peaks, pivots, previous day trading, day of the week and month,
holidays in certain countries, economic and political news …
you see, there are many …