Hi all,
I’ve been learning forex for over a year now, my trading strategy is more swing than day trading (taking trades off H4 primarily). I trade trend reversals using only fibs, S&R levels and the occasional trend line. Personally, I believe price action is the way forward - not piling indicators on the chart (a lesson previously learnt!).
However my issue is time. Often I only take 1 or 2 trades a week (if that!) due to the longer time frames I look at. The problem is that it’s taking ages to improve/test my strategy compared with say a shorter term trader (as they have many more trading opportunities). I have been going back and testing my strat using historic data in MT4 and progressing candle by candle however as my strat involves 2 different time periods (H1 for entry and H4/D1 for broader view) it is hard and takes a while to make sure times line up etc.
I’m sure many others are or have found themselves in my predicament, so I’d love to hear your thoughts!
Hope people can offer guidance etc!!
Thanks in advance 