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Originally Posted by et_phonehome_2
I believe everyone is making this system much more complicated than it really is. If you follow the rules, you should be able to stay out of trouble. This is what I recommend:
avoid Asian session
trade European/US session only
trade the majors
trade 30M/1H TF only
use higher TF as confirmation of trend
That's it..... The one reason why I like this system is because its simple compared to many others where you have to look at so many indicators, calculate this and that, draw trendlines, etc. If this system was so complex or indicator overloaded then I would never use this system to trade.
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maybe the way I trade was addressed for experienced traders only … I would recommend the same as you did …. But I will post the results to show that we can trade Asian sessions ( I plan all my trades in the night during Asian sessions ) and make money and we can trade other pairs and make money ..
4 weeks now and not a single loss .. I have more than doubled the account ..TOUCH WOOD
But for new or inexperienced trades
stick to the rules please