Derek et al Easy Trading System
Good day FX Factory.
Many times traders on these forums will tell you that the best way to trade is to use naked charts and trade based on price action. This is certainly possible because the system's indicators show us what these traders see on the charts. I think it's hard for a lot of people to see that. Additionally, different instruments behave in different ways and take time to learn. So here's a system to show you this. All indicators are borrowed, hence the "et al" in the title.
The complete system looks like this:
There are complete systems and simple systems. The following are indicators used in simple systems:
Many times traders on these forums will tell you that the best way to trade is to use naked charts and trade based on price action. This is certainly possible because the system's indicators show us what these traders see on the charts. I think it's hard for a lot of people to see that. Additionally, different instruments behave in different ways and take time to learn. So here's a system to show you this. All indicators are borrowed, hence the "et al" in the title.
The complete system looks like this:
There are complete systems and simple systems. The following are indicators used in simple systems:
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