Hi Guys,
I have literally check each and every system published in this forum – looking for an indicator, EA or concept that would help me to improve my trading.
NOTHING REALLY WORKS!
OK, let me re-phrase it; it you look for a holy grail – set it and forget it – you will not find it. People who make money are those who sell the crap -- period.
Having said that, there some concepts or indicators that are promising. The only one that impressed me is the Magic Stick. It is based on trendlines, price action – the real thing!
Whenever there is a topic how you make money or show me how you make money – there is really no response and the topic dies on its own.
So, one can come to a conclusion:
a) No one is really making money;
b) No one wants to share the system;
A wise man once said “Learn from others mistakes” and this is so true. I invested tones of time testing Eas and systems etc., so if you want to expedite your learning and future success concentrate on price action not indicators.
P.S. Try to use Magic Stick with Support and Resistance lines.