I have been busy with forex for about a year now, trying all sorts of indicators, fibs and indicators, and EMA’s, and then some more indicators, then some more extra EMA’s. Seriously, indicators robs you and is not good at all for the eyes. That all is my own opinion.
I started with price action trading for a couple of days now, and the change was there immediatly. I will post a report from metatrader. Basically I only use candle bars on the day chart, confirming the trend on the weekly. I only put my TP on a 100 pips. I use Bollingerbands only to see when there is a sideway movement, when that happens you close that chart until it does not move sideways. I will also use support and resistance lines to help me see if a trade is worth taking.
I encourage everyone here that has trouble growing their account and trading experience to do a study on Price Actions.
Here follows my report.