How I approached price action when I started.
Trading is difficult and everyone has their own way to approach charts. My focus was to make trading as simple as possible.
I just focused on Candles. I strongly believe candlestick charts are very superior to any forms of trading. All strategies, indicators and alike, are built off of the candlestick charts.
I mean look at it this way, If you have a chat for #xauusd , and you can see candles. Then why not just focus on candles ? Why bother with indicators, which by the way are lagging to begin with ? I think indicators were developed as a means to sell something. It's like when you have candles at the writing on the wall which you can easily read, BUT STILL you need a translator to help you read, it makes no sense to me.
I dunnu, that was my approach. Simply trading with candles, and ONLY look at charts when there is volume in the markets. Over time it worked out for me and maybe for another handful of thousand or so people.
You be the judge !
Btw, I use Magic Keys to manage my risk, you can check it out on the link here:
https://magickeys.trade
For a MT5 Simulator you can click the link below :
https://mt5simulator.com
Seems like the end of the description of videos is only reserved for affiliate links lol .. But here's the broker I use and founded. So far we have 65,873 registered members, you can be the 65,874th member !
https://www.dominionmarkets.com
Have fun !
Видео How I approached price action when I started. канала Raja Banks
I just focused on Candles. I strongly believe candlestick charts are very superior to any forms of trading. All strategies, indicators and alike, are built off of the candlestick charts.
I mean look at it this way, If you have a chat for #xauusd , and you can see candles. Then why not just focus on candles ? Why bother with indicators, which by the way are lagging to begin with ? I think indicators were developed as a means to sell something. It's like when you have candles at the writing on the wall which you can easily read, BUT STILL you need a translator to help you read, it makes no sense to me.
I dunnu, that was my approach. Simply trading with candles, and ONLY look at charts when there is volume in the markets. Over time it worked out for me and maybe for another handful of thousand or so people.
You be the judge !
Btw, I use Magic Keys to manage my risk, you can check it out on the link here:
https://magickeys.trade
For a MT5 Simulator you can click the link below :
https://mt5simulator.com
Seems like the end of the description of videos is only reserved for affiliate links lol .. But here's the broker I use and founded. So far we have 65,873 registered members, you can be the 65,874th member !
https://www.dominionmarkets.com
Have fun !
Видео How I approached price action when I started. канала Raja Banks
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