Look my friends, there are thousand of strategies out there! You name it, indicators based, pivot points, Fibonacci, Gann, price action, MA cross overs, etc.
But the best strategy, will always be this:
Adapt to the freaking market condition.
If the market is trending up, find opportunities to go long, if its moving down, then look for short opportunities, if its ranging, trade that freaking range!
There is no better strategy than that!
Stop looking for the last indicator or formula, just try to identify whats the market doing and trade accordingly!
If it isn’t clear, just look for trades on other instruments!!!
Dont think we are out of opportunities just because the EURUSD is nuts! There are plenty of other instruments to trade.
Let me show you!
In the last 6 or 8 weeks, the market has been trading inside tight ranges.
If you’ve been following me you know I like to capture market swings, but since the market has been trading in those ranges, I’ve adapted and been trying to get advantage of those ranges.
The time will come to trade those swings!
The strategy is simple: wait for the market to reach either extreme of the range, and when you get upward or downward pressure trade it!
You see how simple this can be? You see what I’m talking about?
Please trader, dont over complicate things! Trading doesn’t have to be that complicated! I’m not going to lie to you, sometimes its difficult to understand the market!
But when its as simple as this, just adapt!
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I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .