67040956--Trading Like A Kid--Not using any indicator
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Trading Like A Kid
May Be the Tittle is a little bit making you curious to open this topic and read about my "childs strategy" or may be you're thinking that i'm looking for attention by the weird Strategy name and why i decided to call my trading journey through this contest like this!!
As in this Market all traders look to develop their strategies on daily basis by plugging more and more indicators or learning the scientifical and complexed methods such as Fibonacci and Eliott Theory, or may be sometimes even go hard and put more than a strategy in one thinking it's the HOLY GRAIL that will make you becoming rich from forex trading, but honestly either those strategies worked for you or not from the exception of Harmonic trading and Price Action, all those strategies are worthless or let's say they take you from the real meaning of trading to the obsession of trading the History which is not correct as we should trade what happen in "PRESENT".
So in my trading journey i decided to trade like A kid who only knows the most basics of this business: Drawing Supports,Resistance and Trend without any indicators even without using any Setups of Harmonic Trading.
Take your seats and let's Drive through the KIDS TRADING JOURNEY
Thank you for the suggestion but as i described above this is the main idea from my strategy: Trading as a novice who don't know about technical analysis except Support/Resistance Levels and drawing Trends in charrts.
Let's see if really the theory "Keep It Simple" will work for me in this competition.
---------- Post added at 09:02 PM ---------- Previous post was at 08:59 PM ----------
Originally Posted by goodguy333
Well,hope it works you the best for you in the competition
Let's see if Simplicity can overperforme the complexity in this competition
---------- Post added 02-21-2016 at 12:41 PM ---------- Previous post was 02-20-2016 at 09:02 PM ----------
First Trade in this contest as i will sleep now (night here) i will take it on 4H chart in the GBP/CHF:
Order 861787198 : Buy GBP/CHF
as you see in the image above the reason of the entry was the gab opening in price wich tested the trend line again and once the price reaches the red line (Resistance) we may have more potential oppurtunities.
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