is there a golden strategy?

[Oli_jackson]

Hey guys!
let's talk about trading strategies!
What's your strategy? does it work?

 

[Enivid]

My strategy is to trade on chart pattern breakouts. It works fairly well.
If by golden strategy you mean something that works all the time and can quickly make you rich, such thing doesn't exist.

 

[Oli_jackson]

My strategy is to trade on chart pattern breakouts. It works fairly well.
If by golden strategy you mean something that works all the time and can quickly make you rich, such thing doesn't exist.

Well I totally agree that there is no golden strategy! you're right about that. So, explain more about your strategy please 🙂

 

[Enivid]

My strategy is based on two books: Diary of a Professional Commodity Trader by Peter L. Brandt and Encyclopedia of Chart Patterns by Thomas Bulkowski. You can find some of my setup examples along with justifications on my TradingView page: https://www.tradingview.com/u/AndriyMoraru/#published-charts

 

[Oli_jackson]

My strategy is based on two books: Diary of a Professional Commodity Trader by Peter L. Brandt and Encyclopedia of Chart Patterns by Thomas Bulkowski. You can find some of my setup examples along with justifications on my TradingView page: https://www.tradingview.com/u/AndriyMoraru/#published-charts

Thank you for sharing all of that. I truly appreciate it.

 

[wagtrader]

Hey guys!
let's talk about trading strategies!
What's your strategy? does it work?

Remember, trading forex involves risk, and there's no guarantee of success. But by developing a solid trading plan, using indicators and technical analysis, practicing good risk management, keeping a trading journal, and staying informed about market developments, you can increase your chances of success. Happy trading!

 

[Ara]

Hey guys!
let's talk about trading strategies!
What's your strategy? does it work?

Scalping. Scalping is all about grabbing quick profits from those tiny price movements that happen in the blink of an eye.

 

[Oli_jackson]

Scalping. Scalping is all about grabbing quick profits from those tiny price movements that happen in the blink of an eye.

I have heard about scalping, but I have also heard that not all brokers allow it.

 

[Dallin]

My strategy mostly revolves around price action and support/resistance levels. I keep it simple—identifying key levels on the chart and looking for price reactions around those areas. I also use candlestick patterns to confirm entries. It’s been working well for me, especially in trending markets. I try to avoid over-complicating things with too many indicators.

 

[NatureGirl]

My strategy mostly revolves around price action and support/resistance levels. I keep it simple—identifying key levels on the chart and looking for price reactions around those areas. I also use candlestick patterns to confirm entries. It’s been working well for me, especially in trending markets. I try to avoid over-complicating things with too many indicators.

U didn even mention the risk management. U ain got no setups for that?

 

[CallahanSinclair]

My strategy mostly revolves around price action and support/resistance levels. I keep it simple—identifying key levels on the chart and looking for price reactions around those areas. I also use candlestick patterns to confirm entries. It’s been working well for me, especially in trending markets. I try to avoid over-complicating things with too many indicators.

That's the best way to do it if you ask me, just keeping it simple, same as my style.

 

[Zerologic]

I prioritize trend-following strategies instead of breakout trading by using stop losses as part of risk management.

 

[NoShowBrooks]

I don't think there's anything like golden strategies. What works for me might not work for anyone else. However, my favorite is range trading strategy as I just buy at the support level and sell at the resistance level.

 

[Zerologic]

Yes, each trader has their own comfort zone, this can reduce tension from a psychological aspect by choosing a strategy that is suitable for us.

 

[PIPNEST]

Simple and daily works best for me. TwinMA, RSI, and ADX signals, clearly defined end-game.

 

[ChelseaR]

I don’t know if there is a golden strategy but I like to keep my charts and trade simple and not make it overcomplicated. When the market is highly volatile, I end up trust moving averages or just stick by the support and resistance levels.

 

[David79]

I don’t know if there is a golden strategy but I like to keep my charts and trade simple and not make it overcomplicated. When the market is highly volatile, I end up trust moving averages or just stick by the support and resistance levels.

Same! I feel that keeping things are simple with support and resistance works best for me. Do you have any perfect setup for volatile market?