This is however, the best trading post I've read since being here on Steemit and I've bn here since what, August ;)
Another tip I will throw out there is to pay close attention to the cross-overs of moving averages(M.A.). Say you happen to catch a cross on the 15min chart and so you enter(long 0r short). This will allow for you to capture some fish(money) either for a nice quick scalp 0r for a chance to stay in the trade by simply observing the higher time-frames(future) and setting your trade for a breakeven once it reaches a certain amount of pips, points, whatever it is you trade lol Then if or when it heads higher or lower(depending on what direction you are in), you can move STOP(s) accordingly so that if you were to get STOPPED out, you can get STOPPED out in PROFIT.
I would also highly suggest learning Heikin-Ashi Candles as this allows for easier entries and exits ;)
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Thanks for the compliment! haha
Yeah I've been down that route, I found MA crossovers went through periods of chop, where I'd lose out more than gain. Heiken-Ashi smooths the charts out quite nicely, I've used them before.
After my overly elaborate TA journey i decided to settle on price action. It works for me. I find myself getting overly analytical when indicators come into play and shooting myself in the foot. But they work for some people so I can't disregard them.
Ha! same here. Price Action is the best indicator hands-down and is mostly how I look@it. I use very few indicators. Use too many and they make you go coo coo
Wow, this post proves that I have so much to learn about all of this!