Disliked{quote} Not necessarily...a sound strategy (whether its used manually or in an EA) is one based on exploitable, repeatable, patterns. PA based patterns, or Indi based patterns repeat themselves in an infinite loop. Human nature/market nature create those patterns first and once you or your EA can recognize them, you can anticipate the most likely outcome of those patterns. Once you discover the perfect combo of patterns on the right timeframe, on the right currency pair, you can exploit those conditions and collect the pips that occur shortly after...Ignored
- Joined Jan 2011 | Status: Senior Trader | 1,475 Posts
Bulls are stupid Animals!especially when Im short!