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Back to Episodes#489: Does Your Strategy Work Across All Time Frame Charts & All Markets?
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Does Your Strategy Work Across All Time Frame Charts & All Markets?
Podcast:
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#489: Does Your Strategy Work Across All Time Frame Charts & All Markets?
In this video:
00:24 – Don’t use a strategy that only works on one time frame chart
00:57 – Things that experience bring
01:33 – The strategy that I developed 17 years ago and still use today
02:58 – Candle Patterns and Price
03:10 – Real life examples from this year
03:50 – H2 EUR/USD makes a 4:1 Reward:Risk
05:13 – The power of a trading community
Your trading strategy, if it’s a good strategy, should work across all timeframe charts and all markets. Let me explain more. Right now
Hey there, traders. It’s Andrew MItchem here, the Forex trading coach for video on podcast number 489.
Don’t use a strategy that only works on one time frame chart
Now, one of the things that fascinated me when I started trading almost 20 years ago was I would buy systems or view systems online or buy books, and people would say, Hey, this system’s really good. It’s fantastic, guaranteed to work, which of course it’s not.
But you know, it’s getting to work and you should only apply it on the pound US dollar or you should only apply it on 15 minute timeframe charts or five minute time frame charts. And I can never really understand why that was. But when you knew you kind of take on board what people say and they develop the systems, you kind of go with it.
Things that experienc