Hello all! I’m slowly learning the basics of forex trading, and a lot of information for newbies is based on pattern trading. I was wondering if you strictly trade using only patterns as indicators (purely technical analysis), is it generally profitable in the long run? Thanks!
I trade free of indicators and it is profitable for me, but that really does not help you the least bit. You should try and see for yourself if it works for you. Any strategy can work for the right trader.