pincopallino wrote:Hello everyone,i'm new of the forum. I'm trying to learn this strategy but look pretty hard to me, i'll explain where i find the problems.
First, can you please tell me if this strategy it's still solid as it was 2 years ago? (when it was released,if i'm right)
Second, the real problem: i don't understand when to open a position, and why. This is a screenshot of what i did today,please tell me if i'm wrong, where and why. Please.
As indicator i use just the Swing_ZZ, do i need something else?
THANKS in advance
If people (traders) where not making money with this system, do you think this forum would have survived this far, even after 2008? If traders can come and continue to share and contribute in this forum then it only shows the success of this strategy. So if you are talking about being "still solid" then I suppose this answers your question (the first question)
regarding your second question: I dont see an upward trendline drawn on your chart so how did you take that trade? What was your reason for taking that trade?
where is the bounce on the trendline?
third question: you can use swing zz indicator if finding peaks and troughs seems so difficult OR...
just use price...
when you open your chart, what do you see? Peak and troughs and peaks and troughs and peaks and troughs and peak and troughs and peaks and
troughs...
so use those to draw your trendlines
