139. How to Develop a Trading System Part 1 - The Inspiration Moment
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The Forex market is a scam! Look at my profile and watch my video on the forex market, it will OPEN your eyes. Then let me teach you a real market by learning to trade Oil, you cannot imagine how profitable it is and how relatively easy it is to trade if you know what you're doing. The Forex is a 100% scam market, watch my video and you'll see. Don't ruin your life trading the Forex.
David
OilTradeInstruction 2 years ago
very cool and easy strategy. i don't like a strategy where thousands of indicators are involved.
and now to the next lesson.
thanx -Frrobs
Frrobs 3 years ago
Eric,
I agree that matching a discretionary component with the automated system can improve the outcome. The great thing we can take away from this type of research is that the idea worked in the past and has potential to work in the future. Of course with such a simple idea, there are many, many way to make improvements.
Let me know how your RSI experiment turns out!
--Shaun
OneStepRemoved 3 years ago
Shaun I agree about overbought. Iv e been suing Stochastics as an oscillator, scalping Eur/jpy for small or not so small gains. I too have found that the trade continues to run higher or lower respctively , even in oversold or overbought territory. IM going to try it with RSI too. Even so I use the price/ candlestick action as a guide too. I never leave these trades unattended
Eric/Sailorguy
sailorguyli 3 years ago
Thanks for your efforts
edmondublianda 3 years ago