Help 4 Struggling Trader

Discussion in 'Professional Trading' started by pipsaholic, Dec 21, 2011.

  1. Hi,

    I am looking for some advice from some more experienced trader to improve on my trading system/rules. I have removed a lot of indicators from my system and I am designing my own based on the past 9 months experience in learning and experimenting.

    Please review and add or take away what you feel may benefit my system.

    Please see attachment .doc
  2. Drop the indicators. They lag, and therefore are unreliable. Price and volumes are the only true keys to market direction
  3. jitao


    I really like to help you, you don't need any indicator. summarize your system in one piece of A4 paper.
  4. I trade the spot forex majors would volume be an important factor in my trading? Majority of experienced FX traders view volume as nonsense and not required. There is a small bunch Tom Williams group that says it means everything I am interested.