I’m trying to find my method between supports and resistances, different time frames, indicators etc… but I’m never sure which is the right one.
After years, what stage have you reached? Have you come to certainties?
Me too define my own method by doing different experiments on trading. I choose best time for trading. Then find helpful indicators that i can use for trend . Then I decide to use less than standard lot for trading. I make my targets , try to achieve them . It helps me to remain away from greed.
I am working on a different method which has a minimum use of support and resistance for my analysis. But I never ignore this tool for my trading. I am using MA and RSI with different levels so that I can make a egood amount.
Price Action trading is my main weapon! On the other hand, I like to use high voltage news’s according to my news trading experience and knowledge! In addition, for swing trading I prefer daily time frame!
Have you completed The School of Pipsology? What’s your experience on it? I seem, before starting your trading invention method you should know the basic of Forex trading.
I see that the most reliable chart pattern is a trend. It is readily identified and quantified, it can have extremely long-lasting effect, its continuation is always probable, it is easy to trade, it doesn’t depend on subjective chart reading or wave counting or any random indicator.
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I use the swing high/ low to establish levels. I conect these levels with lines to create trend lines.
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