Sadly I’ve already attracted a parasite and need to make the following statement: I’ve started this thread because this is the “Trading System” category. This method does have some discretionary aspects to it but it is a system or method I intend to present over a period of time and will present new concepts as they become pertinent. I will do so with live charts and live trades and will keep cherry picked historical charts to a minimum. Being a purely technical trader I don’t engage in multi time frame analysis and I almost completely ignore fundamental analysis. That being said I tend to stay out of the market during NFP and other red flag events.
I appreciate sincere questions about this system/method but respectfully I’m not interested in your particular system or method of trading. So I would appreciate if you keep your fundies, indis and our own system/method to yourself and/or your own thread.
I present here a system/method that works for me. It may not work for you.
In addition I trade 3 minute charts and 20 minute charts. These time frames are not available on MT4. However that really matters not as you can trade this method on a 30 second chart or a weekly chart and the analysis will not change. If you insist on multi time frame analysis then I cannot help you.
