Forex is definitely complex, and unlike stocks and options, I've always managed to lose money in the long run.
But, I think I hit a eureka combo where the combination of several indicators have allowed me to be in 90% profitable trades doing USD/CAD.
In large part, I know there's an inverse relation between the market and USDCAD currency.
Hence;
1) I transferred over several indicators I use in stock/options to great success into forex
2) Tweaked the settings so that it'd be more conducive to forex trading.
3) added Fibo zone indicator for confirmation
4) added currency strength indicator for confirmation.
If you take a look at the StockIndicator and Crossover (lower panel), it gets confirmation from #3 and #4.
So, is this an eureka discovery?
Happy Trading, from CJ -- aka the greatest FURU.
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile.
But, I think I hit a eureka combo where the combination of several indicators have allowed me to be in 90% profitable trades doing USD/CAD.
In large part, I know there's an inverse relation between the market and USDCAD currency.
Hence;
1) I transferred over several indicators I use in stock/options to great success into forex
2) Tweaked the settings so that it'd be more conducive to forex trading.
3) added Fibo zone indicator for confirmation
4) added currency strength indicator for confirmation.
If you take a look at the StockIndicator and Crossover (lower panel), it gets confirmation from #3 and #4.
So, is this an eureka discovery?
Happy Trading, from CJ -- aka the greatest FURU.
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile.
Indicator Pro, U don't have to watch the screen all day. For more info, DM on Discord or Telegram t.me/CJtheFP