QUOTE(mphpopular @ Aug 19 2008, 09:44 PM)
Juz after finish my evaluation of past trading and so on. Found on all my losses cover-ed my my profit...
Losses --> all losses is mainly follow indicators very closely and too follow my methodology.
Profit --> Long term strategy whereby is those trade that is indicators free, only drawing channel, trendline, support resistace and so on.
Guess should re-evaluate all I've done....
Edit:
Should i ignore the indicators(my methodology) and juz use the most simple way :-
1) trendline
2) channel
3) support and resistance
4) fibo
5) EW
6) money management (risk reward ratio)
hmm i check mine also similiar with your.
Now i follow the pro, i found out their also trade in long and mid term.
Its accurate.
Now it say EJ show a hammer, going to reverse but still looking for entry point.
Others still flat
Use support,resistance,trendline,fibo,elliot,candlestick only.