If you have been trading long enough, I believe you will be very familiar with the technical indicators, ie Bollingerband, MACD, Williams, Commodity Channel, Relative Strength Index, Parabolic etc.
But have you been making money using those indicators? Sometimes I guess. Have you wondered why sometimes it works and why sometimes it does not work?
I had heard of extreme comments from other traders, ie "indicators do not work", "don't waste your time using indicators", etc. Possibly those traders have been losing a lot of money using indicators in their trading.
In the past 1-2 years I have heard of trading courses started to teach trading without using any indicators. So this means even the trading educators who have been trading for years do not believe in indicators.
Since indicators have been an important tool in trading, in Tactical Trading Academy, we have done extensive research into this area. Our conclusion is that different products (currency pairs) have different behaviours. So you must use specific indicators for specific products.
In our website under "Our Trading Secret", we mentioned that we have evidences to show that using a fixed indicator will not be profitable strategy in the medium term.
Let us use USDJPY as an example. The graph below will show you what is your equity value if you have been using those indicators to trade USDJPY for the past 6 months.
The graphs show that if you have been using MACD and Parabolic to trade, you will do well. We perform our quantitative test and send out the results to our subscribers on a weekly basis. So our subscribers will know specifically which indicators to use for which currency pairs.
So what are the signals from MACD and Parabolic for USDJPY telling us now? Both have signal sell. As a matter of fact, yesterday we had already sent out emails informing our subscribers that USDJPY presents a selling opportunity when it was trading at 96.06. At the time of writing USDJPY is trading at 95.60, this trade is sitting on 46 pips profit.
We have posted this trade in our website yesterday, see here. If you click on the link you will see that both Parabolic and MACD have signal SELL on the USDJPY chart.
We believe this research discovery is a breakthrough in the trading industry and few traders are awared of this.
If you are interested to subscribe to our service, send an email to us at metal.commodity@tradingeducationprogram.org.
Upon subscription, you will receive the followings:
1. Weekly updates on the proven indicators
2. One-to-one coaching on trading
3. Live emails reminders when trading opportunities occur
4. Ebook on our BL TS system
1 comment:
Hello everyone!!
The forex trading is a perfect business that everybody can start. But for starting forex trading you should have a complete knowledge of the forex trading market.
Forex
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