Sequence of Analysis

1. Let the market stretch
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily

Saturday, February 3, 2024

None of the Technical Indicator's strategy will work permanently as it is.

There are none of the technical indicator's strategy will work permanently - no matter what! Therefore, the number one rule still depends on one's intuition based on the technical indicators signal.

1. Combination of MACD and Full Stochastic has the best technical result 
2. Addition with candlestick patterns and chart patterns it make better result
3. Yet intuition is much greater.

Remember that the forex trading platform knows their clients' buy and sell positions - If they work together to harvest those data they know exactly the volume of buy and sell positions which one to wipe out first. In their process of doing this - we can actually take advantage of the tricks.

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