I have been trading using the cowabunga system for a good few months now with some consistant results The only thing is I have to dedicate quite a bit of time during the day (GMT) looking at the charts.
I am interested in looking at longer time frames and making daily trades or trades that last a few days and doing my chart analysis in the evenings as well as the day so I can study them for longer.
Does anybody know of any decent systems or in their opinion a good set up for my indicators?
I only trade FX as this is all I have had experience with, I have looked at the 3 ducks system mentioned and it seems to be pretty sound from what I have read so far but will need to look more in depth at it. I am open to any other views people may have for longer timeframes as I like to read up on things as much as possible and run my own tests, even if I don’t use some things suggested its all great knowledge for me. Thanks guys
Simple price action analysis, an understanding of proper risk management and a few indicators is all you really need to start learning how to trade profitably.
Check out my thread if you’re interesting in seeing how I trade, as it’s pretty basic and it works.