Unlike many who post I am a self-taught scalper and only trade the Kiwi/Dollar on the 15-minute chart although I do refer to the longer TF charts to get my bearings before trading. I do not use technical jargon (because I don’t have any) in my post so I probably sound like a simpleton to many experienced traders. I do review all postings that pop up that pertain to the NZDUSD
pair and I glean what I can understand from them so many thanks to those who post. My indicators are simple and yet have taken me a CONSIDERABLE amount of screen hours and practice trading in order to tweak them to my style of trading of which I would call guerilla trading. I lurk between the candles waiting for a signal from my spy’s (indicators) and when given the ok I strike fast and take what I can and then retreat back into position to await for the next opportunity to exploit prices weakness. With all that, blah blah blah said my trading is the use of 3 MA’s, RSI
, future news events and what I visually anticipate is going to take place to the right side of my screen. So too many this may not be considered trading but just a hip shot from time to time that hits the target now and then, but that’s ok because I have more winners than losers.
Trading is fundamental; if you do not have fun, you will definitely go mental