Quote:
Originally Posted by kauaibobby
I am looking for something that is simple, because that is what i read about that seems to work a lot.
I like using higer timeframes because i dont want to have to check trades all day long.
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Have you explored the content within this thread at all?
Trade the v-formation "system"
I'm really not too surprised this thread hasn't attracted more attention to be honest. It doesn't contain a plethora of fancy indicators or ridiculous notions which appears to be the minimum requirement of those seeking the holy grail on public boards.
But the principles of his thread are a sound, efficient, common sense template. I'd stay on the 4 hourly + timeframes if I were you. Anything lower without a good deal of experience & you'll end up deep in the brown stuff.
Combine it with the basics & principles of this thread.....
Alternative Technical Templates.
and you just might have the beginnings of a fruitful relationship with the markets!
It certainly offers you what you're looking for on both counts, & it's based around common sense observations.