Simple strategies like S and R are the way to go...i am amazed at the number of people using so many indicators, waiting for crosses, waiting for red to turn to blue and all that...a country's economy does not depend on ur indicators color turning from red to blue...does it??

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OK, so here are two simple questions?

You have to build a simple "Entry Strategy", forget about exits and money management and all that other stuff, all we are going to do is look for an Entry signal, but we are going to do it using only two indicators.

1) What time frame would you suggest?
2) Which two indicators would you choose and why, briefly.

Anyone and everyone, have a go at this, lets see what your opinion is and whether as a little group we can find a simple entry strategy that produces at least 75% of trades that go in the correct direction? i.e, if the signal says buy the trade must go Long for at least another 25 pips to be valid and the opposit for sell.

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FatCat

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